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Is this Large Market Cap Stock target price reasonable for FirstEnergy Corp. (NYSE:FE)?

The company in question is, FirstEnergy Corp. (NYSE:FE) currently with a stock price of 35.21 (-1.89% today). The market cap for FirstEnergy Corp. is 15217.36, and is in the sector Utilities, and Electric Utilities industry. The target price for FirstEnergy Corp. is 36.8. Currently FirstEnergy Corp. is trading with a P/E of 22.32, and a forward P/E of 14.29. Average volume for FirstEnergy Corp. is 4126.36 and so far today it is 1384165.

Performance in the last year for FirstEnergy Corp. has been 14.54%. For EPS growth, FirstEnergy Corp. has seen a growth of 169.40%, and is looking to grow in the next year to -5.14%. More long term stats show that EPS growth has been -10.90% over the last five years and could be -2.66% for the next five years. FirstEnergy Corp. has seen sales growth quarter over quarter at -0.70%, with EPS growth quarter over quarter at 46.70%. The 20-day simple moving average is 2.94%, with the 200-day simple moving average coming to 7.17%.

Since the IPO date for FirstEnergy Corp. on the 11/10/1997, FirstEnergy Corp. has seen performance year to date to be 15.60%. With FirstEnergy Corp. trading at 35.21, the dividend yield is 4.01%, and the EPS is 1.61.

So could FirstEnergy Corp., be undervalued? Well as said before P/E is 22.32. The PEG is *TBA, P/S is 1.01 and the P/B is at 1.22. The P/cash is 104.23, with P/free cash flow at 55.95.

FirstEnergy 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 1.51, and total debt/equity at 1.79.

In terms of margins, FirstEnergy Corp. has a gross margin of 71.10%, an operating margin of 14.10% and a profit margin of 4.60%.Payout ratio for FirstEnergy Corp. is 89.20%. Return on assets come to 1.30% with return on investment coming to 4.70%.

Insider ownership for FirstEnergy Corp., is at 0.10% and institutional ownership comes to 74.50%. Outstanding shares are at 424. While shares float is 423.73. The float short is currently 2.37%, and short ratio is 2.43.

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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Tony Dabbs

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