TRGP
Targa Resources Inc
NYSE: TRGP · ENERGY · OIL & GAS MIDSTREAM
$253.18
-1.23% today
Updated 2026-06-05
Market cap
$56.31B
P/E ratio
26.82
P/S ratio
3.40x
EPS (TTM)
$9.78
Dividend yield
1.56%
52W range
$142 – $280
Volume
1.2M
WallStSmart proprietary scores
66
out of 100
Grade: B
Buy
Investment rating
4.7
Growth
C3.5
Quality
D8.0
Profitability
A5.7
Valuation
C+4/9
Piotroski F-Score
Moderate
1.3
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →199 stocks currently score above 75
Price targets
Analyst target
$243.86
-3.68%
12-Month target
$247.96
-2.06%
Intrinsic (DCF)
—
Margin of safety
—
6 Strong Buy13 Buy3 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ ROE 67.76% — strong efficiency
Risks
- Altman Z 1.27 — distress zone
- Negative free cash flow $-160.00M
- Revenue declining -10.20% QoQ
- Debt/equity 6.10x — high leverage
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM | 2026 (E) |
|---|---|---|---|---|---|---|
| Revenue | $21.68B | $15.62B | $16.63B | $17.14B | $16.56B | $22.7B |
| Net income | $1.14B | $828.20M | $1.27B | $1.84B | $479.60M | — |
| EPS | — | — | — | — | $9.78 | $10.22 |
| Free cash flow | $1.05B | $826.20M | $683.90M | $584.10M | $-160.00M | — |
| Profit margin | 5.27% | 5.30% | 7.64% | 10.76% | 12.90% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-14 | MELOY, MATTHEW J | Sale | 15,000 | — |
| 2026-05-12 | CRISP, CHARLES R | Sale | 10,602 | $255.96 |
| 2026-05-12 | CHUNG, PAUL W | Sale | 6,000 | — |
Peer comparison
Smart narrative
Targa Resources Inc trades at $253.18. representing a P/E of 26.82x trailing earnings. Our Smart Value Score of 66/100 indicates the stock is good. The company scores 4/9 on the Piotroski F-Score. With an Altman Z-Score of 1.27, it sits in the distress. TTM revenue stands at $16.56B. with profit margins at 12.90%.
Frequently asked questions
What is Targa Resources Inc's stock price?
Targa Resources Inc (TRGP) trades at $253.18, on a P/E of 26.8x and a P/S of 3.4x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Targa Resources Inc overvalued?
Targa Resources Inc carries a Smart Value Score of 66/100 (Grade B), which we rate Buy. That score blends growth, quality, and valuation into one read.
What is the price target of Targa Resources Inc (TRGP)?
The 12-month analyst consensus target is $243.86, about 3.7% below the current $253.18. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is the future stock price of TRGP by 2030?
Our research-backed model puts the 2030 base case at $1,612.97, built from revenue projections, a growth-adjusted P/S multiple, net debt, and share dilution. It is a scenario rather than a prediction, and the bull and bear cases around it matter more than the single number when you are sizing a position.
What is Targa Resources Inc's revenue?
Targa Resources Inc's trailing twelve-month revenue is $16.56B, and our model projects it reaching about $28.85B by 2030. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Targa Resources Inc's Altman Z-Score is 1.27, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorENERGY
IndustryOIL & GAS MIDSTREAM
CountryUSA
ExchangeNYSE
CurrencyUSD
Quick metrics
P/S ratio3.40x
ROE67.76%
Beta0.71
50D MA$255.58
200D MA$205.52
Shares out0.21B
Float0.21B
Short ratio—
Avg volume1.2M
Performance
1 week+1.86%
1 month-4.42%
3 months+7.48%
YTD+43.37%
1 year—
3 years—
5 years—