TRGP
Targa Resources Corp
Price:  
114.28 
USD
Volume:  
928,453.00
United States | Oil, Gas & Consumable Fuels
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TRGP Fair Value

-77.82 %
Upside

As of 2024-05-27, the Fair Value of Targa Resources Corp (TRGP) is 25.35 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 114.28 USD, the upside of Targa Resources Corp is -77.82%.

114.28 USD
Stock Price
25.35 USD
Fair Price
FAIR VALUE CALCULATION

TRGP Fair Value

Peter Lynch's formula is:

TRGP Fair Value
= Earnings Growth Rate x TTM EPS
TRGP Fair Value
= 5.00 x 5.07
TRGP Fair Value
= 25.35

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-12-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income -209.00 -1,554.00 71.00 1,196.00 1,345.90 169.98
YoY growth -10,550.00% -643.54% 104.57% 1,584.51% 12.53% -1,898.39%

TRGP Fair Value - Key Data

Market Cap (mil) 25,338.16
P/E 22.54x
Forward P/E 15.34x
EPS 5.07
Avg earnings growth rate -1,898.39%
TTM earnings 1,124.10