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Is this Large Market Cap Stock target price reasonable for CenterPoint Energy, Inc. (NYSE:CNP)?

The company in question is, CenterPoint Energy, Inc. (NYSE:CNP) currently with a stock price of 22.73 (-0.96% today). The market cap for CenterPoint Energy, Inc. is 10334.39, and is in the sector Utilities, and Gas Utilities industry. The target price for CenterPoint Energy, Inc. is 24.08. Currently CenterPoint Energy, Inc. is trading with a P/E of *TBA, and a forward P/E of 18.81. Average volume for CenterPoint Energy, Inc. is 4667.03 and so far today it is 209486.

Performance in the last year for CenterPoint Energy, Inc. has been 36.59%. For EPS growth, CenterPoint Energy, Inc. has seen a growth of -213.70%, and is looking to grow in the next year to 6.27%. More long term stats show that EPS growth has been -28.50% over the last five years and could be 5.26% for the next five years. CenterPoint Energy, Inc. has seen sales growth quarter over quarter at 2.70%, with EPS growth quarter over quarter at -102.60%. The 20-day simple moving average is -1.76%, with the 200-day simple moving average coming to 11.42%.

Since the IPO date for CenterPoint Energy, Inc. on the 1/2/1970, CenterPoint Energy, Inc. has seen performance year to date to be 29.75%. With CenterPoint Energy, Inc. trading at 22.73, the dividend yield is 4.49%, and the EPS is -1.74.

So could CenterPoint Energy, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.48 and the P/B is at 2.91. The P/cash is 10.25, with P/free cash flow at *TBA.

CenterPoint Energy, Inc. ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.9. This is with long term debt/equity at 2.29, and total debt/equity at 2.66.

In terms of margins, CenterPoint Energy, Inc. has a gross margin of *TBA, an operating margin of 13.20% and a profit margin of -10.70%.Payout ratio for CenterPoint Energy, Inc. is *TBA. Return on assets come to -3.50% with return on investment coming to 10.80%.

Insider ownership for CenterPoint Energy, Inc., is at 0.10% and institutional ownership comes to 79.10%. Outstanding shares are at 450.3. While shares float is 429.51. The float short is currently 2.82%, and short ratio is 2.6.

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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Mark Hines

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