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Is this Large Market Cap Stock target price reasonable for EMC Corporation (NYSE:EMC)?

The company in question is, EMC Corporation (NYSE:EMC) currently with a stock price of 29.05 (0.97% today). The market cap for EMC Corporation is 57023.99, and is in the sector Technology, and Data Storage Devices industry. The target price for EMC Corporation is 29.52. Currently EMC Corporation is trading with a P/E of 27.12, and a forward P/E of 15.39. Average volume for EMC Corporation is 15612.89 and so far today it is 102657900.

Performance in the last year for EMC Corporation has been 24.95%. For EPS growth, EMC Corporation has seen a growth of -23.10%, and is looking to grow in the next year to 1.51%. More long term stats show that EPS growth has been 2.80% over the last five years and could be 3.00% for the next five years. EMC Corporation has seen sales growth quarter over quarter at 0.30%, with EPS growth quarter over quarter at 17.70%. The 20-day simple moving average is 3.26%, with the 200-day simple moving average coming to 9.89%.

Since the IPO date for EMC Corporation on the 12/16/1988, EMC Corporation has seen performance year to date to be 14.09%. With EMC Corporation trading at 29.05, the dividend yield is 1.58%, and the EPS is 1.07.

So could EMC Corporation, be undervalued? Well as said before P/E is 27.12. The PEG is 9.04, P/S is 2.32 and the P/B is at 2.57. The P/cash is 4.85, with P/free cash flow at 16.1.

EMC Corporation ability to deal with debt shows that the current ratio is 1.5, and the quick ratio is 1.3. This is with long term debt/equity at 0.25, and total debt/equity at 0.28.

In terms of margins, EMC Corporation has a gross margin of 61.30%, an operating margin of 12.50% and a profit margin of 8.50%.Payout ratio for EMC Corporation is 43.50%. Return on assets come to 4.60% with return on investment coming to 7.60%.

Insider ownership for EMC Corporation, is at 0.40% and institutional ownership comes to 82.10%. Outstanding shares are at 1962.96. While shares float is 1949.29. The float short is currently 0.70%, and short ratio is 0.87.

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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