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

The company in question is, Enbridge Inc. (NYSE:ENB) currently with a stock price of 41.98 (1.62% today). The market cap for Enbridge Inc. is 37746.6, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Enbridge Inc. is 43.81. Currently Enbridge Inc. is trading with a P/E of 37.97, and a forward P/E of 21.96. Average volume for Enbridge Inc. is 1009.34 and so far today it is 202063.

Performance in the last year for Enbridge Inc. has been -0.34%. For EPS growth, Enbridge Inc. has seen a growth of -103.30%, and is looking to grow in the next year to 4.56%. More long term stats show that EPS growth has been -15.30% over the last five years and could be 3.37% for the next five years. Enbridge Inc. has seen sales growth quarter over quarter at -8.00%, with EPS growth quarter over quarter at -51.60%. The 20-day simple moving average is 1.59%, with the 200-day simple moving average coming to 12.80%.

Since the IPO date for Enbridge Inc. on the 3/27/1990, Enbridge Inc. has seen performance year to date to be 27.30%. With Enbridge Inc. trading at 41.98, the dividend yield is 3.90%, and the EPS is 1.09.

So could Enbridge Inc., be undervalued? Well as said before P/E is 37.97. The PEG is 11.28, P/S is 1.46 and the P/B is at 3.62. The P/cash is 39.36, with P/free cash flow at *TBA.

Enbridge Inc. 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 2.5, and total debt/equity at 2.96.

In terms of margins, Enbridge Inc. has a gross margin of 30.00%, an operating margin of 10.60% and a profit margin of 3.80%.Payout ratio for Enbridge Inc. is 139.20%. Return on assets come to 1.50% with return on investment coming to 3.10%.

Insider ownership for Enbridge Inc., is at 9.20% and institutional ownership comes to 70.50%. Outstanding shares are at 913.74. While shares float is 913.74. The float short is currently 1.16%, and short ratio is 10.48.

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

Mark Hines

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