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Is this Large Market Cap Stock target price reasonable for EMC Corporation (NYSE:EMC)?

The company in question is, EMC Corporation (NYSE:EMC) currently with a stock price of 28.34 (-0.19% today). The market cap for EMC Corporation is 55351.6, and is in the sector Technology, and Data Storage Devices industry. The target price for EMC Corporation is 29.15. Currently EMC Corporation is trading with a P/E of 27.65, and a forward P/E of 15.21. Average volume for EMC Corporation is 12744.88 and so far today it is 6314028.

Performance in the last year for EMC Corporation has been 11.03%. For EPS growth, EMC Corporation has seen a growth of -23.10%, and is looking to grow in the next year to 3.55%. More long term stats show that EPS growth has been 2.80% over the last five years and could be 8.85% for the next five years. EMC Corporation has seen sales growth quarter over quarter at -2.50%, with EPS growth quarter over quarter at 8.00%. The 20-day simple moving average is 2.55%, with the 200-day simple moving average coming to 8.69%.

Since the IPO date for EMC Corporation on the 12/16/1988, EMC Corporation has seen performance year to date to be 11.54%. With EMC Corporation trading at 28.34, the dividend yield is 1.62%, and the EPS is 1.03.

So could EMC Corporation, be undervalued? Well as said before P/E is 27.65. The PEG is 3.12, P/S is 2.25 and the P/B is at 2.57. The P/cash is 5.65, with P/free cash flow at 19.44.

EMC Corporation ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 1.2. This is with long term debt/equity at 0.25, and total debt/equity at 0.3.

In terms of margins, EMC Corporation has a gross margin of 60.70%, an operating margin of 11.70% and a profit margin of 8.20%.Payout ratio for EMC Corporation is 44.90%. Return on assets come to 4.40% with return on investment coming to 7.60%.

Insider ownership for EMC Corporation, is at 0.40% and institutional ownership comes to 82.20%. Outstanding shares are at 1949. While shares float is 1945.07. The float short is currently 0.75%, and short ratio is 1.15.

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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