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Is this Large Market Cap Stock target price reasonable for Anixter International Inc. (NYSE:AXE)?

The company in question is, Anixter International Inc. (NYSE:AXE) currently with a stock price of 61.14 (2.19% today). The market cap for Anixter International Inc. is 2025.25, and is in the sector Services, and Industrial Equipment Wholesale industry. The target price for Anixter International Inc. is 66. Currently Anixter International Inc. is trading with a P/E of 23.56, and a forward P/E of 11.53. Average volume for Anixter International Inc. is 132.2 and so far today it is 79255.

Performance in the last year for Anixter International Inc. has been -3.73%. For EPS growth, Anixter International Inc. has seen a growth of -40.90%, and is looking to grow in the next year to 8.81%. More long term stats show that EPS growth has been -1.20% over the last five years and could be -2.60% for the next five years. Anixter International Inc. has seen sales growth quarter over quarter at 32.10%, with EPS growth quarter over quarter at -29.70%. The 20-day simple moving average is -1.49%, with the 200-day simple moving average coming to 10.45%.

Since the IPO date for Anixter International Inc. on the 7/19/1984, Anixter International Inc. has seen performance year to date to be -0.93%. With Anixter International Inc. trading at 61.14, the dividend yield is *TBA, and the EPS is 2.54.

So could Anixter International Inc., be undervalued? Well as said before P/E is 23.56. The PEG is *TBA, P/S is 0.29 and the P/B is at 1.6. The P/cash is 15.2, with P/free cash flow at 11.31.

Anixter International Inc. ability to deal with debt shows that the current ratio is 2.2, and the quick ratio is 1.3. This is with long term debt/equity at 1.22, and total debt/equity at 1.22.

In terms of margins, Anixter International Inc. has a gross margin of 20.70%, an operating margin of 3.70% and a profit margin of 1.10%.Payout ratio for Anixter International Inc. is 0.00%. Return on assets come to 2.00% with return on investment coming to 6.40%.

Insider ownership for Anixter International Inc., is at 1.70% and institutional ownership comes to 91.70%. Outstanding shares are at 33.85. While shares float is 30.56. The float short is currently 3.04%, and short ratio is 7.04.

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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