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Is this Large Market Cap Stock target price reasonable for MPLX LP (NYSE:MPLX)?

The company in question is, MPLX LP (NYSE:MPLX) currently with a stock price of 31.36 (2.22% today). The market cap for MPLX LP is 10754.91, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for MPLX LP is 37.35. Currently MPLX LP is trading with a P/E of *TBA, and a forward P/E of 29.23. Average volume for MPLX LP is 1089.61 and so far today it is 1312700.

Performance in the last year for MPLX LP has been -16.23%. For EPS growth, MPLX LP has seen a growth of -34.90%, and is looking to grow in the next year to 554.27%. More long term stats show that EPS growth has been -1.50% over the last five years and could be 27.10% for the next five years. MPLX LP has seen sales growth quarter over quarter at 164.80%, with EPS growth quarter over quarter at -119.80%. The 20-day simple moving average is -4.08%, with the 200-day simple moving average coming to 3.87%.

Since the IPO date for MPLX LP on the 10/26/2012, MPLX LP has seen performance year to date to be -16.35%. With MPLX LP trading at 31.36, the dividend yield is 6.51%, and the EPS is -0.17.

So could MPLX LP, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 6.76 and the P/B is at 1.16. The P/cash is 307.28, with P/free cash flow at *TBA.

MPLX LP ability to deal with debt shows that the current ratio is 0.7, and the quick ratio is 0.7. This is with long term debt/equity at 0.6, and total debt/equity at 0.

In terms of margins, MPLX LP has a gross margin of 53.90%, an operating margin of 12.60% and a profit margin of -7.70%.Payout ratio for MPLX LP is *TBA. Return on assets come to -1.00% with return on investment coming to 1.40%.

Insider ownership for MPLX LP, is at 0.30% and institutional ownership comes to 71.70%. Outstanding shares are at 342.95. While shares float is 223.05. The float short is currently 2.30%, and short ratio is 4.71.

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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Mark Hines

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