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Is this Large Market Cap Stock target price reasonable for Alere Inc. (NYSE:ALR)?

The company in question is, Alere Inc. (NYSE:ALR) currently with a stock price of 43.26 (0.72% today). The market cap for Alere Inc. is 3752.11, and is in the sector Healthcare, and Medical Laboratories & Research industry. The target price for Alere Inc. is 53.25. Currently Alere Inc. is trading with a P/E of *TBA, and a forward P/E of 17.23. Average volume for Alere Inc. is 1019.3 and so far today it is 359795.

Performance in the last year for Alere Inc. has been -6.41%. For EPS growth, Alere Inc. has seen a growth of 82.70%, and is looking to grow in the next year to 20.43%. More long term stats show that EPS growth has been 49.70% over the last five years and could be 10.00% for the next five years. Alere Inc. has seen sales growth quarter over quarter at -2.00%, with EPS growth quarter over quarter at -535.20%. The 20-day simple moving average is 4.18%, with the 200-day simple moving average coming to -1.45%.

Since the IPO date for Alere Inc. on the 08/06/1996, Alere Inc. has seen performance year to date to be 9.87%. With Alere Inc. trading at 43.26, the dividend yield is *TBA, and the EPS is -1.06.

So could Alere Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.55 and the P/B is at 2.66. The P/cash is 7.41, with P/free cash flow at 18.28.

Alere Inc. ability to deal with debt shows that the current ratio is 2.6, and the quick ratio is 2. This is with long term debt/equity at 2.09, and total debt/equity at 2.12.

In terms of margins, Alere Inc. has a gross margin of 44.70%, an operating margin of 2.90% and a profit margin of -3.70%.Payout ratio for Alere Inc. is *TBA. Return on assets come to -1.50% with return on investment coming to 4.20%.

Insider ownership for Alere Inc., is at 0.20% and institutional ownership comes to 96.50%. Outstanding shares are at 87.36. While shares float is 85.37. The float short is currently 2.77%, and short ratio is 2.32.

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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