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Is this Large Market Cap Stock target price reasonable for Goldcorp Inc. (NYSE:GG)?

The company in question is, Goldcorp Inc. (NYSE:GG) currently with a stock price of 18.4 (0.55% today). The market cap for Goldcorp Inc. is 15086.7, and is in the sector Basic Materials, and Gold industry. The target price for Goldcorp Inc. is 21.86. Currently Goldcorp Inc. is trading with a P/E of *TBA, and a forward P/E of 28.96. Average volume for Goldcorp Inc. is 9427.04 and so far today it is 2858681.

Performance in the last year for Goldcorp Inc. has been 47.06%. For EPS growth, Goldcorp Inc. has seen a growth of -90.50%, and is looking to grow in the next year to 58.40%. More long term stats show that EPS growth has been -36.40% over the last five years and could be *TBA for the next five years. Goldcorp Inc. has seen sales growth quarter over quarter at -7.20%, with EPS growth quarter over quarter at 156.30%. The 20-day simple moving average is 0.84%, with the 200-day simple moving average coming to 21.30%.

Since the IPO date for Goldcorp Inc. on the 8/18/1995, Goldcorp Inc. has seen performance year to date to be 59.17%. With Goldcorp Inc. trading at 18.4, the dividend yield is 0.44%, and the EPS is -4.8.

So could Goldcorp Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 3.51 and the P/B is at 1.18. The P/cash is 32.94, with P/free cash flow at 88.75.

Goldcorp Inc. ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is 1.2. This is with long term debt/equity at 0.23, and total debt/equity at 0.25.

In terms of margins, Goldcorp Inc. has a gross margin of 8.60%, an operating margin of *TBA and a profit margin of -92.80%.Payout ratio for Goldcorp Inc. is *TBA. Return on assets come to -16.30% with return on investment coming to -27.70%.

Insider ownership for Goldcorp Inc., is at 0.20% and institutional ownership comes to 68.80%. Outstanding shares are at 824.41. While shares float is 806.05. The float short is currently 2.52%, and short ratio is 2.16.

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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Stephen Butters

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