Targa Resources, Inc. (TRGP)

Targa Resources, Inc.'s Q·Score is 6.2/10 (Neutral), reflecting its current fundamentals, analyst data, and valuation metrics. 86% of 22 covering analysts have a positive rating. Key area to monitor: high leverage at 5.9× debt-to-equity. This is an informational data summary only and does not constitute financial advice. Always do your own research before making any investment decision.

The consensus price target for TRGP is $283.90, based on ratings from 20 Wall Street analysts. This is 9.6% above the current price of $259.01. Price targets are forward-looking estimates and not guarantees of future performance.

Targa Resources, Inc. (TRGP) scores in line with sector averages on valuation metrics. Its forward P/E ratio stands at 21.0×. The consensus analyst price target of $283.90 is 10% above the current price.

Targa Resources, Inc.'s next earnings report is expected on approximately August 6, 2026.

Targa Resources, Inc. has a net profit margin of 12.9%, which is solid for most industries. Its gross margin stands at 41.8%, indicating a high-margin business model.

Targa Resources, Inc. currently offers a dividend yield of 1.64%, a modest payout typical for growth-oriented companies. Dividend yields can change based on price movements and company payout decisions.

Targa Resources, Inc. is reporting revenue declining 10.2% year-over-year. Earnings are also growing at 142.9%, indicating improving profitability.

Targa Resources, Inc. has a debt-to-equity ratio of 5.85×, reflecting a high debt-to-equity ratio, which increases financial risk especially in rising rate environments. Its current ratio is 0.72×, suggesting it should be monitored for near-term liquidity.