Stock Updates

Is this Large Market Cap Stock target price reasonable for Spectra Energy Corp. (NYSE:SE)?

The company in question is, Spectra Energy Corp. (NYSE:SE) currently with a stock price of 36.44 (0.08% today). The market cap for Spectra Energy Corp. is 25265.26, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Spectra Energy Corp. is 33.47. Currently Spectra Energy Corp. is trading with a P/E of 151.71, and a forward P/E of 24.19. Average volume for Spectra Energy Corp. is 4119.65 and so far today it is 917151.

Performance in the last year for Spectra Energy Corp. has been 30.34%. For EPS growth, Spectra Energy Corp. has seen a growth of -81.90%, and is looking to grow in the next year to 24.07%. More long term stats show that EPS growth has been -28.90% over the last five years and could be 6.55% for the next five years. Spectra Energy Corp. has seen sales growth quarter over quarter at -14.70%, with EPS growth quarter over quarter at -12.60%. The 20-day simple moving average is 7.43%, with the 200-day simple moving average coming to 25.76%.

Since the IPO date for Spectra Energy Corp. on the 1/3/2007, Spectra Energy Corp. has seen performance year to date to be 56.25%. With Spectra Energy Corp. trading at 36.44, the dividend yield is 4.45%, and the EPS is 0.24.

So could Spectra Energy Corp., be undervalued? Well as said before P/E is 151.71. The PEG is 23.16, P/S is 5.06 and the P/B is at 3.43. The P/cash is 84.5, with P/free cash flow at *TBA.

Spectra Energy Corp. ability to deal with debt shows that the current ratio is 0.5, and the quick ratio is 0.4. This is with long term debt/equity at 1.84, and total debt/equity at 2.09.

In terms of margins, Spectra Energy Corp. has a gross margin of 86.90%, an operating margin of 27.70% and a profit margin of 3.30%.Payout ratio for Spectra Energy Corp. is 627.70%. Return on assets come to 0.50% with return on investment coming to 6.00%.

Insider ownership for Spectra Energy Corp., is at 0.20% and institutional ownership comes to 69.20%. Outstanding shares are at 693.91. While shares float is 693.91. The float short is currently 3.61%, and short ratio is 6.07.

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.

About the author

Stephen Butters

Leave a Comment