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Is this Large Market Cap Stock target price reasonable for Snyder’s-Lance, Inc. (NASDAQ:LNCE)?

The company in question is,¬†Snyder’s-Lance, Inc. (NASDAQ:LNCE)¬†currently with a stock price of 35.12 (0.42% today). The market cap for Snyder’s-Lance, Inc. is 3338.94, and is in the sector Consumer Goods, and Processed & Packaged Goods industry. The target price for Snyder’s-Lance, Inc. is 39.6. Currently Snyder’s-Lance, Inc. is trading with a P/E of 171.42, and a forward P/E of 21.9. Average volume for Snyder’s-Lance, Inc. is 485.06 and so far today it is 183257.

Performance in the last year for Snyder’s-Lance, Inc. has been 0.79%. For EPS growth, Snyder’s-Lance, Inc. has seen a growth of -14.80%, and is looking to grow in the next year to 26.75%. More long term stats show that EPS growth has been 57.70% over the last five years and could be 11.27% for the next five years. Snyder’s-Lance, Inc. has seen sales growth quarter over quarter at 41.30%, with EPS growth quarter over quarter at -16.40%. The 20-day simple moving average is 1.63%, with the 200-day simple moving average coming to 7.60%.

Since the IPO date for Snyder’s-Lance, Inc. on the 3/26/1990, Snyder’s-Lance, Inc. has seen performance year to date to be 3.49%. With Snyder’s-Lance, Inc. trading at 35.12, the dividend yield is 1.83%, and the EPS is 0.2.

So could Snyder’s-Lance, Inc., be undervalued? Well as said before P/E is 171.42. The PEG is 15.21, P/S is 1.76 and the P/B is at 1.8. The P/cash is 88.57, with P/free cash flow at 65.47.

Snyder’s-Lance, Inc.¬†ability to deal with debt shows that the current ratio is 1.7, and the quick ratio is 1. This is with long term debt/equity at 0.72, and total debt/equity at 0.75.

In terms of margins, Snyder’s-Lance, Inc. has a gross margin of 34.20%, an operating margin of 2.50% and a profit margin of 0.90%.Payout ratio for Snyder’s-Lance, Inc. is 305.60%. Return on assets come to 0.60% with return on investment coming to 4.20%.

Insider ownership for Snyder’s-Lance, Inc., is at 0.30% and institutional ownership comes to 60.20%. Outstanding shares are at 95.48. While shares float is 80.99. The float short is currently 7.87%, and short ratio is 13.14.

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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Mark Hines

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