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Is this Large Market Cap Stock target price reasonable for Continental Resources, Inc. (NYSE:CLR)?

The company in question is, Continental Resources, Inc. (NYSE:CLR) currently with a stock price of 44.99 (-0.14% today). The market cap for Continental Resources, Inc. is 16643.36, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Continental Resources, Inc. is 46.56. Currently Continental Resources, Inc. is trading with a P/E of *TBA, and a forward P/E of 455.15. Average volume for Continental Resources, Inc. is 3780.04 and so far today it is 831497.

Performance in the last year for Continental Resources, Inc. has been 28.27%. For EPS growth, Continental Resources, Inc. has seen a growth of -136.30%, and is looking to grow in the next year to 104.50%. More long term stats show that EPS growth has been -31.50% over the last five years and could be *TBA for the next five years. Continental Resources, Inc. has seen sales growth quarter over quarter at -27.60%, with EPS growth quarter over quarter at -50.00%. The 20-day simple moving average is 4.65%, with the 200-day simple moving average coming to 39.06%.

Since the IPO date for Continental Resources, Inc. on the 5/15/2007, Continental Resources, Inc. has seen performance year to date to be 96.08%. With Continental Resources, Inc. trading at 44.99, the dividend yield is *TBA, and the EPS is -1.14.

So could Continental Resources, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 6.64 and the P/B is at 3.73. The P/cash is 1290.18, with P/free cash flow at *TBA.

Continental Resources, Inc. ability to deal with debt shows that the current ratio is 0.9, and the quick ratio is 0.8. This is with long term debt/equity at 1.61, and total debt/equity at 1.61.

In terms of margins, Continental Resources, Inc. has a gross margin of 99.30%, an operating margin of -14.00% and a profit margin of -16.70%.Payout ratio for Continental Resources, Inc. is *TBA. Return on assets come to -2.80% with return on investment coming to -0.40%.

Insider ownership for Continental Resources, Inc., is at 0.70% and institutional ownership comes to 23.90%. Outstanding shares are at 369.36. While shares float is 86.36. The float short is currently 26.22%, and short ratio is 5.99.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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