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Is this Large Market Cap Stock target price reasonable for Continental Resources, Inc. (NYSE:CLR)?

The company in question is, Continental Resources, Inc. (NYSE:CLR) currently with a stock price of 47.9 (-3.54% today). The market cap for Continental Resources, Inc. is 19263.61, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Continental Resources, Inc. is 52.81. Currently Continental Resources, Inc. is trading with a P/E of *TBA, and a forward P/E of 197.06. Average volume for Continental Resources, Inc. is 2984.84 and so far today it is 312309.

Performance in the last year for Continental Resources, Inc. has been 75.42%. For EPS growth, Continental Resources, Inc. has seen a growth of -136.30%, and is looking to grow in the next year to 132.10%. More long term stats show that EPS growth has been -31.50% over the last five years and could be *TBA for the next five years. Continental Resources, Inc. has seen sales growth quarter over quarter at -43.30%, with EPS growth quarter over quarter at *TBA. The 20-day simple moving average is 3.38%, with the 200-day simple moving average coming to 38.65%.

Since the IPO date for Continental Resources, Inc. on the 5/15/2007, Continental Resources, Inc. has seen performance year to date to be 116.10%. With Continental Resources, Inc. trading at 47.9, the dividend yield is *TBA, and the EPS is -1.46.

So could Continental Resources, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 8.91 and the P/B is at 4.21. The P/cash is 1160.46, with P/free cash flow at *TBA.

Continental Resources, Inc. ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.8. This is with long term debt/equity at 1.64, and total debt/equity at 1.64.

In terms of margins, Continental Resources, Inc. has a gross margin of 92.00%, an operating margin of -25.20% and a profit margin of -25.00%.Payout ratio for Continental Resources, Inc. is *TBA. Return on assets come to -3.70% with return on investment coming to -0.40%.

Insider ownership for Continental Resources, Inc., is at 0.50% and institutional ownership comes to 24.10%. Outstanding shares are at 387.91. While shares float is 86.37. The float short is currently 23.45%, and short ratio is 6.79.

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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Tony Dabbs

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