Stocktoria
Targa Resources Corp. TRGP
Targa Resources Corp. (TRGP) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the distress zone. It pays a dividend yielding 0.31% (safety: no dividend). FY2025 revenue was $17.0B at a 11.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.02 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-08-11 | RBC Capital | Outperform (main) |
| 2026-08-07 | TD Cowen | Hold (main) |
| 2026-08-07 | Barclays | Overweight (main) |
| 2026-08-07 | Wells Fargo | Overweight (main) |
| 2026-07-16 | TD Cowen | Hold (main) |
| 2026-07-15 | Truist Securities | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
Forward estimates · earnings calendar →
Consensus analyst estimates and scheduled dates — forward-looking, may change.
Smart money · insiders, last 12 months
Open-market insider purchases minus sells (SEC Form 4) — real buying with their own money is a bullish “smart money” signal; grants and option exercises are excluded.
How it ranks in Transportation & Utilities · percentile among 348 companies
Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.047 |
| Retained earnings / assets | 0.091 |
| EBIT / assets | 0.132 |
| Equity / liabilities | 0.145 |
Sector peers · similar-size Transportation & Utilities companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| TRGP | Targa Resources Corp. | 5/9 | 1.03 | 30.4 | +3.9% |
| KMI | KINDER MORGAN, INC. | 6/9 | 0.68 | 24.2 | +12.2% |
| TRP | TC ENERGY CORP | 5/9 | 0.56 | — | +10.7% |
| WMB | WILLIAMS COMPANIES, INC. | 6/9 | -0.16 | 33.4 | +17.9% |
| TCPA | TRANSCANADA PIPELINES LTD | 6/9 | 0.28 | — | +7.2% |
| NGL | NGL Energy Partners LP | 3/9 | — | — | -9% |
| AROC | Archrock, Inc. | 8/9 | — | 22.8 | +28.7% |
All Transportation & Utilities companies →
About Targa Resources Corp.
Targa Resources Corp., together with its subsidiaries, owns, operates, acquires, and develops a portfolio of complementary domestic infrastructure assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company is involved in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering, storing, terminaling, purchasing, and selling crude oil. It is involved in the purchase and resale of NGL products; and sale of propane, as well as provision of related logistics services to multi-state retailers, independent retailers, and other end-users. In addition, the company offers NGL balancing services; and transportation services to refineries and petrochemical companies in the Gulf Coast area, as well as purchases, markets, and resells natural gas. The company also leased and owned railcars, tractors, vacuum trucks and pressurized NGL barges. Targa Resources Corp. was incorporated in 2005 and is headquartered in Houston, Texas.
FAQ
Is TRGP financially healthy?
Targa Resources Corp.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does TRGP pay a dividend, and is it safe?
Yes. Targa Resources Corp. pays a dividend yielding about 0.31% with a None payout ratio, rated “no dividend” for safety.
How profitable is TRGP?
In FY2025, Targa Resources Corp. had a net margin of 11.3% and a return on equity of 60.1%.
Is TRGP overvalued or undervalued?
Targa Resources Corp. trades at about 31.6× trailing earnings — near its 10-year norm (10-year range 19.3×–66.3×, median 34.3×). Stocktoria reports the data, not buy/sell advice.
What is the analyst price target for TRGP?
The average Wall-Street price target for Targa Resources Corp. is $299.00, about 11.3% above the recent price, from 21 analysts (consensus: buy).
Is TRGP a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Targa Resources Corp.: a Piotroski F-score of 5/9, an Altman Z″ in the distress zone, a P/E of about 30.4×, a dividend yield of 0.31%. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.