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Is this Large Market Cap Stock target price reasonable for Vectren Corporation (NYSE:VVC)?

The company in question is, Vectren Corporation (NYSE:VVC) currently with a stock price of 48.52 (0.25% today). The market cap for Vectren Corporation is 4021.07, and is in the sector Utilities, and Diversified Utilities industry. The target price for Vectren Corporation is 51.67. Currently Vectren Corporation is trading with a P/E of 21.64, and a forward P/E of 18.21. Average volume for Vectren Corporation is 332.26 and so far today it is 52801.

Performance in the last year for Vectren Corporation has been 14.74%. For EPS growth, Vectren Corporation has seen a growth of 17.90%, and is looking to grow in the next year to 7.83%. More long term stats show that EPS growth has been 7.70% over the last five years and could be 5.00% for the next five years. Vectren Corporation has seen sales growth quarter over quarter at -3.10%, with EPS growth quarter over quarter at -10.00%. The 20-day simple moving average is -2.19%, with the 200-day simple moving average coming to 0.96%.

Since the IPO date for Vectren Corporation on the 11/05/1987, Vectren Corporation has seen performance year to date to be 16.98%. With Vectren Corporation trading at 48.52, the dividend yield is 3.31%, and the EPS is 2.24.

So could Vectren Corporation, be undervalued? Well as said before P/E is 21.64. The PEG is 4.33, P/S is 1.75 and the P/B is at 2.36. The P/cash is 252.9, with P/free cash flow at *TBA.

Vectren Corporation ability to deal with debt shows that the current ratio is 1.1, and the quick ratio is 0.8. This is with long term debt/equity at 1.01, and total debt/equity at 1.03.

In terms of margins, Vectren Corporation has a gross margin of 85.40%, an operating margin of 14.80% and a profit margin of 8.10%.Payout ratio for Vectren Corporation is 70.60%. Return on assets come to 3.50% with return on investment coming to 7.50%.

Insider ownership for Vectren Corporation, is at 0.27% and institutional ownership comes to 64.70%. Outstanding shares are at 83.08. While shares float is 82.63. The float short is currently 0.80%, and short ratio is 1.98.

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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