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Is this Large Market Cap Stock target price reasonable for Equity Residential (NYSE:EQR)?

The company in question is, Equity Residential (NYSE:EQR) currently with a stock price of 66.01 (-5.46% today). The market cap for Equity Residential is 25385.16, and is in the sector Financial, and REIT РResidential industry. The target price for Equity Residential is 73.89. Currently Equity Residential is trading with a P/E of 6.18, and a forward P/E of 42.81. Average volume for Equity Residential is 2214.41 and so far today it is 5311016.

Performance in the last year for Equity Residential has been 7.31%. For EPS growth, Equity Residential has seen a growth of 42.10%, and is looking to grow in the next year to -84.79%. More long term stats show that EPS growth has been 52.40% over the last five years and could be 2.70% for the next five years. Equity Residential has seen sales growth quarter over quarter at -7.10%, with EPS growth quarter over quarter at 1865.70%. The 20-day simple moving average is -2.19%, with the 200-day simple moving average coming to -4.09%.

Since the IPO date for Equity Residential on the 8/12/1993, Equity Residential has seen performance year to date to be -2.72%. With Equity Residential trading at 66.01, the dividend yield is 2.89%, and the EPS is 11.29.

So could Equity Residential, be undervalued? Well as said before P/E is 6.18. The PEG is 2.29, P/S is 9.41 and the P/B is at 2.31. The P/cash is 68.98, with P/free cash flow at *TBA.

Equity Residential ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.78, and total debt/equity at 0.78.

In terms of margins, Equity Residential has a gross margin of 67.20%, an operating margin of 37.30% and a profit margin of *TBA.Payout ratio for Equity Residential is 18.40%. Return on assets come to 18.90% with return on investment coming to 4.70%.

Insider ownership for Equity Residential, is at 0.80% and institutional ownership comes to 99.10%. Outstanding shares are at 363.58. While shares float is 359.15. The float short is currently 2.03%, and short ratio is 3.29.

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

Mark Hines

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