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Is this Large Market Cap Stock target price reasonable for BlackRock, Inc. (NYSE:BLK)?

The company in question is, BlackRock, Inc. (NYSE:BLK) currently with a stock price of 354.91 (1.59% today). The market cap for BlackRock, Inc. is 56828.19, and is in the sector Financial, and Asset Management industry. The target price for BlackRock, Inc. is 396.15. Currently BlackRock, Inc. is trading with a P/E of 18.92, and a forward P/E of 15.78. Average volume for BlackRock, Inc. is 531.41 and so far today it is 786900.

Performance in the last year for BlackRock, Inc. has been 11.80%. For EPS growth, BlackRock, Inc. has seen a growth of 2.80%, and is looking to grow in the next year to 16.87%. More long term stats show that EPS growth has been 13.40% over the last five years and could be 11.02% for the next five years. BlackRock, Inc. has seen sales growth quarter over quarter at -3.50%, with EPS growth quarter over quarter at -2.20%. The 20-day simple moving average is -2.81%, with the 200-day simple moving average coming to 3.87%.

Since the IPO date for BlackRock, Inc. on the 10/1/1999, BlackRock, Inc. has seen performance year to date to be 6.27%. With BlackRock, Inc. trading at 354.91, the dividend yield is 2.58%, and the EPS is 18.76.

So could BlackRock, Inc., be undervalued? Well as said before P/E is 18.92. The PEG is 1.72, P/S is 5.07 and the P/B is at 2.05. The P/cash is 10.85, with P/free cash flow at 77.

BlackRock, Inc. 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 0.17, and total debt/equity at 0.17.

In terms of margins, BlackRock, Inc. has a gross margin of 89.10%, an operating margin of 40.10% and a profit margin of 28.10%.Payout ratio for BlackRock, Inc. is 47.00%. Return on assets come to 1.40% with return on investment coming to 10.20%.

Insider ownership for BlackRock, Inc., is at 1.60% and institutional ownership comes to 86.40%. Outstanding shares are at 160.12. While shares float is 155.44. The float short is currently 1.22%, and short ratio is 3.57.

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.

About the author

Peter Clarke

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