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Is Essex Property Trust Inc.(NYSE: ESS), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Essex Property Trust Inc. (NYSE: ESS) has been on the stock market since its IPO date on the 6/7/1994. Essex Property Trust Inc. is in the REIT – Residential industry and Financial sector. Average volume for Essex Property Trust Inc., is 366.39, and so far today it has a volume of 435800. Performance year to date since the 6/7/1994 is -2.15%.

To help you determine whether Essex Property Trust Inc. is undervalued the following values will help you decide. P/E is 55.64 and forward P/E is 51.85. PEG perhaps more useful shows that Essex Property Trust Inc. has a value for PEG of 7.04. P/S ratio is 12.09 and the P/B ratio is 2.47. The P/Cash and P/Free cash flow is 82.87 and 112.69 respectively.

At the current price Essex Property Trust Inc. is trading at, 230.92 (-0.11% today), Essex Property Trust Inc. has a dividend yield of 2.77%, and this is covered by a payout ratio of 146.10%. Earnings per share (EPS) is 4.15, and this is looking to grow in the next year to 4.31% after growing 69.20% this past year. EPS growth quarter over quarter is 56.60%, and 8.60% for sales growth quarter over quarter.

The number of shares outstanding is 65.49, and the number of shares float is 64.68. The senior management bring insider ownership to 0.40%, and institutional ownership is at 98.80%. The float short is 2.38%, with the short ratio at a value of 4.2. Management has seen a return on assets of 2.30%, and also a return on investment of 3.10%.

The ability for Essex Property Trust Inc., to deal with debt, means it current ratio is *TBA, and quick ratio is *TBA. Long term debt/equity is 0.92 and total debt/equity is 0.92. In terms of margins, Essex Property Trust Inc. has a gross margin of 69.90%, with its operating margin at 29.90%, and Essex Property Trust Inc. has a profit margin of 21.70%.

The 52 week high is -4.13%, with 22.49% being its 52 week low. The 20 day simple moving average is 1.77% and the 200 day simple moving average is 3.75%.

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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