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Is this Large Market Cap Stock target price reasonable for IberiaBank Corp. (NASDAQ:IBKC)?

The company in question is, IberiaBank Corp. (NASDAQ:IBKC) currently with a stock price of 68.3 (1.96% today). The market cap for IberiaBank Corp. is 2721.8, and is in the sector Financial, and Regional РSoutheast Banks industry. The target price for IberiaBank Corp. is 70.83. Currently IberiaBank Corp. is trading with a P/E of 15.59, and a forward P/E of 13.52. Average volume for IberiaBank Corp. is 284.34 and so far today it is 120803.

Performance in the last year for IberiaBank Corp. has been 18.15%. For EPS growth, IberiaBank Corp. has seen a growth of 11.70%, and is looking to grow in the next year to 8.61%. More long term stats show that EPS growth has been 14.40% over the last five years and could be 8.00% for the next five years. IberiaBank Corp. has seen sales growth quarter over quarter at -40.30%, with EPS growth quarter over quarter at -14.60%. The 20-day simple moving average is 2.01%, with the 200-day simple moving average coming to 19.04%.

Since the IPO date for IberiaBank Corp. on the 04/10/1995, IberiaBank Corp. has seen performance year to date to be 23.89%. With IberiaBank Corp. trading at 68.3, the dividend yield is 2.15%, and the EPS is 4.3.

So could IberiaBank Corp., be undervalued? Well as said before P/E is 15.59. The PEG is 1.95, P/S is 3.87 and the P/B is at 1.09. The P/cash is 3.55, with P/free cash flow at 16.55.

IberiaBank Corp. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.27, and total debt/equity at 0.27.

In terms of margins, IberiaBank Corp. has a gross margin of *TBA, an operating margin of 84.90% and a profit margin of 24.90%.Payout ratio for IberiaBank Corp. is 31.60%. Return on assets come to 0.90% with return on investment coming to 17.80%.

Insider ownership for IberiaBank Corp., is at 1.80% and institutional ownership comes to 80.70%. Outstanding shares are at 40.63. While shares float is 40.32. The float short is currently 4.52%, and short ratio is 6.41.

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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Peter Clarke

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