Stock Updates

Is this Large Market Cap Stock target price reasonable for CNOOC Ltd. (NYSE:CEO)?

The company in question is, CNOOC Ltd. (NYSE:CEO) currently with a stock price of 118.84 (-0.88% today). The market cap for CNOOC Ltd. is 53050.17, and is in the sector Basic Materials, and Oil & Gas Drilling & Exploration industry. The target price for CNOOC Ltd. is 128.69. Currently CNOOC Ltd. is trading with a P/E of *TBA, and a forward P/E of 11.72. Average volume for CNOOC Ltd. is 123.69 and so far today it is 88200.

Performance in the last year for CNOOC Ltd. has been 14.35%. For EPS growth, CNOOC Ltd. has seen a growth of -66.30%, and is looking to grow in the next year to 9118.18%. More long term stats show that EPS growth has been -17.90% over the last five years and could be -6.90% for the next five years. CNOOC Ltd. has seen sales growth quarter over quarter at -51.90%, with EPS growth quarter over quarter at -123.10%. The 20-day simple moving average is -2.29%, with the 200-day simple moving average coming to 6.61%.

Since the IPO date for CNOOC Ltd. on the 2/27/2001, CNOOC Ltd. has seen performance year to date to be 18.42%. With CNOOC Ltd. trading at 118.84, the dividend yield is 4.01%, and the EPS is -0.75.

So could CNOOC Ltd., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 2.38 and the P/B is at 0.95. The P/cash is 8.22, with P/free cash flow at *TBA.

CNOOC Ltd. ability to deal with debt shows that the current ratio is 1.5, and the quick ratio is 1.4. This is with long term debt/equity at 0.34, and total debt/equity at 0.43.

In terms of margins, CNOOC Ltd. has a gross margin of 69.90%, an operating margin of -4.70% and a profit margin of -1.50%.Payout ratio for CNOOC Ltd. is *TBA. Return on assets come to -0.30% with return on investment coming to 3.70%.

Insider ownership for CNOOC Ltd., is at *TBA and institutional ownership comes to 2.10%. Outstanding shares are at 446.4. While shares float is 158.72. The float short is currently 0.22%, and short ratio is 2.83.

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

Leave a Comment