Your Best Stock

Targa Resources TRGP

US equityMarket cap rank #266Oil & Gas MidstreamNatural Gas
$283.19
+$0.18 (+0.06%)
Market open · Sep 24, 1:10 pm ET
After hours $283.01 0.00%
Open$285.08
Prev close$283.01
Day range$281.41 – $285.78
Volume399.6K
Market cap$60.72B
P/E (TTM)27.1
Dividend yield1.50%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings27.7x
CheapRich

Around its usual level · 49th percentile, 5-year average -15.3x

#1976 of 2977 stocks by PE (1 = cheapest)

Price / book17.0x
CheapRich

Near the top of its 5-year range · 89th percentile, 5-year average 10.8x

#5045 of 5304 stocks by PB (1 = cheapest)

Price / sales3.7x
CheapRich

Near the top of its 5-year range · 99th percentile, 5-year average 1.7x

#3391 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-1,229x-720x-210x300xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$246.02
Price vs. fair value+15.1%Trading above the estimate
Star rating★☆☆☆☆
Economic moatWide
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 17.02 10.84 89% (pricier than usual) #5045 of 5304 (1 = cheapest)
PE 27.75 -15.34 49% (cheaper than usual) #1976 of 2977 (1 = cheapest)
PS 3.72 1.67 99% (pricier than usual) #3391 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating
Fair value estimate$246.02
Economic moatWide
UncertaintyMedium
Scroll to Top