Is Targa Resources Corp stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Targa Resources Corp pays dividends. Last time was Friday 15th of November 2024 where the investors holding the stock on Thursday 31st of October 2024 were paid $0.75 per share. Over the last 28 times between 2018 and 2024, Targa Resources Corp has paid $14.825 with an average of $0.53 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Targa Resources Corp 10 years ago, but if you had invested on Friday 3rd of April 2020 when the price was $6.35, you would have made a profit of $195.90 per share or 3 085.04%
No, the average daily trading liquidity for Targa Resources Corp is $886 thousand. Trading in stocks with this little trading liquidity is very dangerous, and you can get into a situation where it will be hard to trade your stocks. In addition, these types of stocks usually have very high volatility.
Targa Resources Corp has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.23, the company's ability to pay off the debt is normal. Targa Resources Corp has a good net profit margin of 7.73% and should have high tolerances against inflation.
We have calculated the inflation risk for Targa Resources Corp to be medium [0.55 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.41 and is up 0.05 over the last 30 days.