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

The company in question is, Encana Corporation (NYSE:ECA) currently with a stock price of 11.09 (-0.54% today). The market cap for Encana Corporation is 10881.73, and is in the sector Basic Materials, and Major Integrated Oil & Gas industry. The target price for Encana Corporation is 12.18. Currently Encana Corporation is trading with a P/E of *TBA, and a forward P/E of 38.24. Average volume for Encana Corporation is 16718.09 and so far today it is 10779300.

Performance in the last year for Encana Corporation has been 28.18%. For EPS growth, Encana Corporation has seen a growth of -237.20%, and is looking to grow in the next year to 775.00%. More long term stats show that EPS growth has been -31.80% over the last five years and could be *TBA for the next five years. Encana Corporation has seen sales growth quarter over quarter at -56.10%, with EPS growth quarter over quarter at 63.10%. The 20-day simple moving average is 12.94%, with the 200-day simple moving average coming to 55.29%.

Since the IPO date for Encana Corporation on the 4/8/2002, Encana Corporation has seen performance year to date to be 119.22%. With Encana Corporation trading at 11.09, the dividend yield is 0.54%, and the EPS is -3.34.

So could Encana Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 3.15 and the P/B is at 1.92. The P/cash is 37.14, with P/free cash flow at *TBA.

Encana Corporation ability to deal with debt shows that the current ratio is 0.9, and the quick ratio is 0.9. This is with long term debt/equity at 1.5, and total debt/equity at 0.

In terms of margins, Encana Corporation has a gross margin of 69.60%, an operating margin of *TBA and a profit margin of -81.70%.Payout ratio for Encana Corporation is *TBA. Return on assets come to -17.90% with return on investment coming to -30.10%.

Insider ownership for Encana Corporation, is at *TBA and institutional ownership comes to 67.20%. Outstanding shares are at 981.22. While shares float is 972.34. The float short is currently 1.51%, and short ratio is 0.88.

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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Tony Dabbs

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