Stock Updates

Concho Resources, Inc. (NYSE: CXO) – Is this large market cap stock undervalued?

Concho Resources, Inc. (NYSE: CXO), is firmly in the large market cap category with market cap of 18308.33. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Concho Resources, Inc. is 130.04 (with a change from open of 4.79%), this in conjunction with a target price of 148.03. Volume today has so far reached 1974700, with an average volume of about 1449.69. The GAP for this stock, is 0.98%.

The P/E ratio is *TBA, bringing the forward P/E to a value of *TBA. The current EPS for Concho Resources, Inc., is -8.5, with a EPS growth for this year coming to a value of -88.90%. Performance has been interesting with performance year to date coming to 40.04%.

Looking further into the growth statistics for Concho Resources, Inc., EPS is looking like it will grow -181.80% in the next year. Looking even further it is projected to be 3.94%. Quarter over quarter is -115.50% for EPS growth and for sales growth quarter over quarter it is -58.30%. Looking at past EPS growth statistics we see that for the past five years it has been -19.20%. Sales growth for the past five years has in fact been 16.20%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 92.80%. Shares outstanding is 140.79, while shares float is at a value of 139.21. Float short for Concho Resources, Inc. is 5.02% and the short ratio is 4.82.

In terms of debt, long term debt/equity is 0.56, while the total debt/equity comes to 0. The ability to meet these debts, means that the current ratio is 1.9, and the quick ratio is 1.9. The most recent gross margin is 67.50% and their operating margin is -96.50%. The profit margin is -72.40%.

Concho Resources, Inc. has seen returns on assets of -9.40%, and on investment, 3.40%. Return on equity is -17.60%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 11.95, with Price/book ratio coming to 2.87 and Price/cash is 38.05, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 1.71% and 17.80% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -5.36% and the 52 week low is 85.93%.

Concho Resources, Inc. has a dividend yield of *TBA, with a current price of 130.04. The ability to pay this means the payout ratio is *TBA. This is in an industry, Oil & Gas Drilling & Exploration, with equally high dividends from other companies in this sector, which it is Basic Materials. Concho Resources, Inc. is based in USA.

Performance in the Oil & Gas Drilling & Exploration industry means that Concho Resources, Inc. has seen performance for the past week of 1.35%, with performance for the month coming to -2.20%. Looking at the data for the quarter it is at a value of 7.92%, and for the half year the performance is 34.62%. Volatility for this week is 3.72% and for the month this is 2.81%.

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