Stock Updates

Is this Large Market Cap Stock target price reasonable for MPLX LP (NYSE:MPLX)?

The company in question is, MPLX LP (NYSE:MPLX) currently with a stock price of 32.86 (0.64% today). The market cap for MPLX LP is 10658.27, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for MPLX LP is 37.85. Currently MPLX LP is trading with a P/E of 67.32, and a forward P/E of 27.55. Average volume for MPLX LP is 1156.6 and so far today it is 254543.

Performance in the last year for MPLX LP has been -26.94%. For EPS growth, MPLX LP has seen a growth of -34.90%, and is looking to grow in the next year to 25.40%. More long term stats show that EPS growth has been -1.50% over the last five years and could be 28.50% for the next five years. MPLX LP has seen sales growth quarter over quarter at 79.90%, with EPS growth quarter over quarter at -131.70%. The 20-day simple moving average is 1.09%, with the 200-day simple moving average coming to 6.62%.

Since the IPO date for MPLX LP on the 10/26/2012, MPLX LP has seen performance year to date to be -12.91%. With MPLX LP trading at 32.86, the dividend yield is 6.25%, and the EPS is 0.49.

So could MPLX LP, be undervalued? Well as said before P/E is 67.32. The PEG is 2.36, P/S is 9.07 and the P/B is at 1.07. The P/cash is 2664.57, with P/free cash flow at *TBA.

MPLX LP ability to deal with debt shows that the current ratio is 0.4, and the quick ratio is 0.4. This is with long term debt/equity at 0.51, and total debt/equity at 0.

In terms of margins, MPLX LP has a gross margin of 57.40%, an operating margin of 15.50% and a profit margin of -3.50%.Payout ratio for MPLX LP is 386.20%. Return on assets come to -0.50% with return on investment coming to 1.40%.

Insider ownership for MPLX LP, is at 0.20% and institutional ownership comes to 71.20%. Outstanding shares are at 326.44. While shares float is 223.92. The float short is currently 2.64%, and short ratio is 5.11.

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

Stephen Butters

Leave a Comment