Targa Resources Corp (NYSE: TRGP) has reported E.P.S. of $1.44 for its fourth fiscal quarter (ending December 31) versus $1.24 for the same period a year ago — an increase of 16%. For the latest four quarters through December 31, E.P.S. were $5.76 compared to $3.69 a year ago — an increase of 56%.
Recent Price Action
Targa Resources Corp (NYSE: TRGP) stock closed at $204.70 on 2/20/25 after a decline of -2.7%. Moreover, trading volume in this decline was unusually high at 174% of normal. The stock has risen 0.8% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Targa Resources has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Targa Resources has a neutral Appreciation Score of 40 but a very high Power Rating of 97, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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