With 2.81 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.61 million shares. The 52-week range on TRGP shows that it touched its highest point at $218.51 and its lowest point at $95.28 during that stretch. It currently has a 1-year price target of $219.97. With its current market cap of 44.64 billion, TRGP has annualized dividend of $3.00 while the current yield stands at 1.47%. Beta for the stock currently stands at 2.32.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TRGP was up-trending over the past week, with a rise of 2.05%, but this was down by -5.76% over a month. Three-month performance surged to 4.42% while six-month performance rose 41.67%. The stock gained 111.16% in the past year, while it has gained 14.68% so far this year. A look at the trailing 12-month EPS for TRGP yields 5.55 with Next year EPS estimates of 9.55. For the next quarter, that number is 1.92. This implies an EPS growth rate of 39.23% for this year and 18.26% for next year.
Float and Shares Shorts:
At present, 218.06 million TRGP shares are outstanding with a float of 214.14 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TRGP since 9 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $6.75141 being high and $5.86206 being low. For TRGP, this leads to a yearly average estimate of $6.12982. Based on analyst estimates, the high estimate for the next quarter is $1.9 and the low estimate is $1.63. The average estimate for the next quarter is thus $1.78.
