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Is this Large Market Cap Stock target price reasonable for Consolidated Edison, Inc. (NYSE:ED)?

The company in question is, Consolidated Edison, Inc. (NYSE:ED) currently with a stock price of 72.49 (-0.62% today). The market cap for Consolidated Edison, Inc. is 22203.69, and is in the sector Utilities, and Electric Utilities industry. The target price for Consolidated Edison, Inc. is 74.64. Currently Consolidated Edison, Inc. is trading with a P/E of 18.71, and a forward P/E of 17.56. Average volume for Consolidated Edison, Inc. is 1758.11 and so far today it is 1282300.

Performance in the last year for Consolidated Edison, Inc. has been 13.22%. For EPS growth, Consolidated Edison, Inc. has seen a growth of 9.10%, and is looking to grow in the next year to 4.32%. More long term stats show that EPS growth has been 3.20% over the last five years and could be 2.14% for the next five years. Consolidated Edison, Inc. has seen sales growth quarter over quarter at 0.20%, with EPS growth quarter over quarter at 3.70%. The 20-day simple moving average is -4.13%, with the 200-day simple moving average coming to -1.48%.

Since the IPO date for Consolidated Edison, Inc. on the 1/2/1970, Consolidated Edison, Inc. has seen performance year to date to be 15.86%. With Consolidated Edison, Inc. trading at 72.49, the dividend yield is 3.70%, and the EPS is 3.88.

So could Consolidated Edison, Inc., be undervalued? Well as said before P/E is 18.71. The PEG is 8.73, P/S is 1.84 and the P/B is at 1.55. The P/cash is 25.46, with P/free cash flow at *TBA.

Consolidated Edison, Inc. ability to deal with debt shows that the current ratio is 0.9, and the quick ratio is 0.8. This is with long term debt/equity at 0.99, and total debt/equity at 1.09.

In terms of margins, Consolidated Edison, Inc. has a gross margin of 74.70%, an operating margin of 19.70% and a profit margin of 9.50%.Payout ratio for Consolidated Edison, Inc. is 67.80%. Return on assets come to 2.50% with return on investment coming to 6.70%.

Insider ownership for Consolidated Edison, Inc., is at 0.20% and institutional ownership comes to 56.50%. Outstanding shares are at 306.3. While shares float is 303.44. The float short is currently 3.62%, and short ratio is 6.24.

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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