With 1.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.28 million shares. The 52-week range on TRGP shows that it touched its highest point at $218.51 and its lowest point at $113.65 during that stretch. It currently has a 1-year price target of $205.54. With its current market cap of 34.51 billion, TRGP has annualized dividend of $3.25 while the current yield stands at 2.04%. Beta for the stock currently stands at 1.10.
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 down-trending over the past week, with a drop of -4.42%, but this was down by -7.69% over a month. Three-month performance dropped to -20.60% while six-month performance fell -20.06%. The stock gained 35.34% in the past year, while it has lost -10.87% so far this year. A look at the trailing 12-month EPS for TRGP yields 5.44 with Next year EPS estimates of 9.31. For the next quarter, that number is 1.89. This implies an EPS growth rate of 30.33% for this year and 23.65% for next year.
Float and Shares Shorts:
At present, 217.46 million TRGP shares are outstanding with a float of 213.47 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 $6.75481 being high and $5.86501 being low. For TRGP, this leads to a yearly average estimate of $6.13291. Based on analyst estimates, the high estimate for the next quarter is $2.2 and the low estimate is $2.07. The average estimate for the next quarter is thus $2.14.
