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A look at a High Market Cap Stock: ONEOK Inc., OKE

ONEOK Inc., OKE is in the exchange NYSE and its industry is Gas Utilities in the sector of Utilities. Based in USA, ONEOK Inc., OKEĀ  has a market cap of 10055.23. Since its IPO date on the 7/1/1985, ONEOK Inc., OKE performance year to date is 101.89%. Today ONEOK Inc., OKE has gained -0.78%, with a current price of 47.02.

Ownership of the company is 0.96% for insider ownership while institutional ownership is 74.00%. The management of the company have seen the company have a payout ratio of 186.30%. Return of assets are at 1.80%, with return on investment at 7.30%.

In terms of debt levels and profit levels, ONEOK Inc., OKE is seeing a long-term debt/equity of 35.05. While Total debt/equity is 39.42. With a profit margin of 3.60%, this is combined with a gross margin of 30.00%, and operating margin of 12.60%. ONEOK Inc. ability to meet debt levels, with a current ratio of 0.6, while the quick ratio is 0.4.

For the last year ONEOK Inc., OKE has seen a EPS growth of -21.50%. A performance for the year of 38.98%. The 52-week high is -8.04%, and the 52-week low is 164.26%. The average volume for ONEOK Inc., OKE is 1534300.

With a target price of 45.2, can ONEOK Inc., OKE reach this target? Looking at the value indicators of ONEOK Inc., OKE. ONEOK Inc. has a P/E of 34.99 and a forward P/E of 25.01. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.88. ONEOK Inc. also has a P/S and a P/B of 1.3 and 41.98 respectively. For P/cash, ONEOK Inc. has a value of 55.58, while it is *TBA for P/free cash flow.

At the current price of 47.02, ONEOK Inc. has a dividend yield of 5.23%. We see a return on equity of 86.90%.

Looking more long-term ONEOK Inc., is projected to get an EPS growth for the next five years of 12.16%. In the short-term an EPS growth of 5.32% in the next year is forecasted. This is after a EPS growth of -21.50% for this year and for the last five years a -5.10% growth has been seen.

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

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