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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 22559.46. 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 61.31 (with a change from open of 0.95%), this in conjunction with a target price of 68.84. Volume today has so far reached 937905, with an average volume of about 2559.3. The GAP for this stock, is -0.69%.

The P/E ratio is 5.5, bringing the forward P/E to a value of 44.6. 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 -10.03%.

Looking further into the growth statistics for Equity Residential, EPS is looking like it will grow -87.70% 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 368.92, while shares float is at a value of 359.2. Float short for Equity Residential is 2.35% and the short ratio is 3.3.

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 2.04. Price/Sales ratio is at a value of 8.63, with Price/book ratio coming to 2.01 and Price/cash is 45.32, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -1.46% and -4.71% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -13.58% and the 52 week low is 5.33%.

Equity Residential has a dividend yield of 3.30%, with a current price of 61.31. 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 -0.42%, with performance for the month coming to 2.95%. Looking at the data for the quarter it is at a value of -8.34%, and for the half year the performance is -4.25%. Volatility for this week is 2.01% and for the month this is 1.91%.

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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