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Is this Large Market Cap Stock target price reasonable for Randgold Resources Limited (NASDAQ:GOLD)?

The company in question is, Randgold Resources Limited (NASDAQ:GOLD) currently with a stock price of 115.47 (0.23% today). The market cap for Randgold Resources Limited is 10825.13, and is in the sector Basic Materials, and Gold industry. The target price for Randgold Resources Limited is 106.71. Currently Randgold Resources Limited is trading with a P/E of 55.66, and a forward P/E of 30.03. Average volume for Randgold Resources Limited is 1094.77 and so far today it is 416533.

Performance in the last year for Randgold Resources Limited has been 92.66%. For EPS growth, Randgold Resources Limited has seen a growth of -21.00%, and is looking to grow in the next year to 23.78%. More long term stats show that EPS growth has been 12.20% over the last five years and could be 8.60% for the next five years. Randgold Resources Limited has seen sales growth quarter over quarter at 15.70%, with EPS growth quarter over quarter at 12.10%. The 20-day simple moving average is 15.20%, with the 200-day simple moving average coming to 41.20%.

Since the IPO date for Randgold Resources Limited on the 7/30/2002, Randgold Resources Limited has seen performance year to date to be 87.37%. With Randgold Resources Limited trading at 115.47, the dividend yield is 0.57%, and the EPS is 2.07.

So could Randgold Resources Limited, be undervalued? Well as said before P/E is 55.66. The PEG is 6.47, P/S is 10.43 and the P/B is at 3.22. The P/cash is 42.4, with P/free cash flow at 69.53.

Randgold Resources Limited ability to deal with debt shows that the current ratio is 3.8, and the quick ratio is 3. This is with long term debt/equity at 0, and total debt/equity at 0.

In terms of margins, Randgold Resources Limited has a gross margin of 30.50%, an operating margin of 22.20% and a profit margin of 18.80%.Payout ratio for Randgold Resources Limited is 31.60%. Return on assets come to 5.20% with return on investment coming to 4.20%.

Insider ownership for Randgold Resources Limited, is at 3.90% and institutional ownership comes to 40.60%. Outstanding shares are at 93.96. While shares float is 92.55. The float short is currently 1.75%, and short ratio is 1.48.

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

Peter Clarke

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