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Equity Residential (NYSE: EQR) – Is this large market cap stock undervalued?

Equity Residential (NYSE: EQR), is firmly in the large market cap category with market cap of 23947.84. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Equity Residential is 65.51 (with a change from open of 1.24%), this in conjunction with a target price of 69. Volume today has so far reached 2367200, with an average volume of about 2441.35. The GAP for this stock, is 0.20%.

The P/E ratio is 5.89, bringing the forward P/E to a value of 47.44. The current EPS for Equity Residential, is 11.11, with a EPS growth for this year coming to a value of 42.10%. Performance has been interesting with performance year to date coming to -3.61%.

Looking further into the growth statistics for Equity Residential, EPS is looking like it will grow -87.61% in the next year. Looking even further it is projected to be 2.70%. Quarter over quarter is -23.90% for EPS growth and for sales growth quarter over quarter it is -12.40%. Looking at past EPS growth statistics we see that for the past five years it has been 52.40%. Sales growth for the past five years has in fact been 10.40%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 96.70%. Shares outstanding is 365.56, while shares float is at a value of 359.2. Float short for Equity Residential is 2.46% and the short ratio is 3.62.

In terms of debt, long term debt/equity is 0.77, while the total debt/equity comes to 0.77. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is 67.20% and their operating margin is 37.00%. The profit margin is *TBA.

Equity Residential has seen returns on assets of 19.00%, and on investment, 4.70%. Return on equity is 39.10%. Price/Earnings to growth ratio is 2.18. Price/Sales ratio is at a value of 9.16, with Price/book ratio coming to 2.15 and Price/cash is 48.11, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 4.25% and 1.49% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -7.65% and the 52 week low is 12.56%.

Equity Residential has a dividend yield of 3.08%, with a current price of 65.51. The ability to pay this means the payout ratio is 18.30%. This is in an industry, REIT – Residential, with equally high dividends from other companies in this sector, which it is Financial. Equity Residential is based in USA.

Performance in the REIT – Residential industry means that Equity Residential has seen performance for the past week of 4.81%, with performance for the month coming to 6.42%. Looking at the data for the quarter it is at a value of 1.72%, and for the half year the performance is 7.67%. Volatility for this week is 1.88% and for the month this is 1.76%.

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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