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Is this Large Market Cap Stock target price reasonable for Randgold Resources Limited (NASDAQ:GOLD)?

The company in question is, Randgold Resources Limited (NASDAQ:GOLD) currently with a stock price of 83.19 (-3.32% today). The market cap for Randgold Resources Limited is 8021.58, and is in the sector Basic Materials, and Gold industry. The target price for Randgold Resources Limited is 115.81. Currently Randgold Resources Limited is trading with a P/E of 42.64, and a forward P/E of 20.23. Average volume for Randgold Resources Limited is 978.93 and so far today it is 803452.

Performance in the last year for Randgold Resources Limited has been 23.88%. For EPS growth, Randgold Resources Limited has seen a growth of -21.00%, and is looking to grow in the next year to 35.82%. More long term stats show that EPS growth has been 12.20% over the last five years and could be 6.10% for the next five years. Randgold Resources Limited has seen sales growth quarter over quarter at 11.80%, with EPS growth quarter over quarter at -9.10%. The 20-day simple moving average is -17.10%, with the 200-day simple moving average coming to -10.97%.

Since the IPO date for Randgold Resources Limited on the 7/30/2002, Randgold Resources Limited has seen performance year to date to be 39.95%. With Randgold Resources Limited trading at 83.19, the dividend yield is 0.77%, and the EPS is 2.02.

So could Randgold Resources Limited, be undervalued? Well as said before P/E is 42.64. The PEG is 6.99, P/S is 7.52 and the P/B is at 2.41. The P/cash is 29.42, with P/free cash flow at 49.15.

Randgold Resources Limited ability to deal with debt shows that the current ratio is 3.8, and the quick ratio is 3. This is with long term debt/equity at 0, and total debt/equity at 0.

In terms of margins, Randgold Resources Limited has a gross margin of 33.30%, an operating margin of 25.00% and a profit margin of 17.80%.Payout ratio for Randgold Resources Limited is 32.40%. Return on assets come to 5.10% with return on investment coming to 4.20%.

Insider ownership for Randgold Resources Limited, is at 3.90% and institutional ownership comes to 42.50%. Outstanding shares are at 93.22. While shares float is 92.55. The float short is currently 1.77%, and short ratio is 1.67.

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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Stephen Butters

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