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Is this Large Market Cap Stock target price reasonable for Associated Banc-Corp (NYSE:ASB)?

The company in question is, Associated Banc-Corp (NYSE:ASB) currently with a stock price of 19.25 (1.05% today). The market cap for Associated Banc-Corp is 2872.93, and is in the sector Financial, and Regional – Midwest Banks industry. The target price for Associated Banc-Corp is 19.1. Currently Associated Banc-Corp is trading with a P/E of 16.46, and a forward P/E of 14.26. Average volume for Associated Banc-Corp is 723.97 and so far today it is 219113.

Performance in the last year for Associated Banc-Corp has been 7.44%. For EPS growth, Associated Banc-Corp has seen a growth of 2.50%, and is looking to grow in the next year to 8.97%. More long term stats show that EPS growth has been 54.10% over the last five years and could be 7.00% for the next five years. Associated Banc-Corp has seen sales growth quarter over quarter at 5.90%, with EPS growth quarter over quarter at -0.90%. The 20-day simple moving average is -1.04%, with the 200-day simple moving average coming to 7.04%.

Since the IPO date for Associated Banc-Corp on the 09/07/1984, Associated Banc-Corp has seen performance year to date to be 3.44%. With Associated Banc-Corp trading at 19.25, the dividend yield is 2.31%, and the EPS is 1.16.

So could Associated Banc-Corp, be undervalued? Well as said before P/E is 16.46. The PEG is 2.35, P/S is 3.72 and the P/B is at 0.97. The P/cash is 3.83, with P/free cash flow at 37.26.

Associated Banc-Corp ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.17, and total debt/equity at 0.17.

In terms of margins, Associated Banc-Corp has a gross margin of *TBA, an operating margin of 81.40% and a profit margin of 22.40%.Payout ratio for Associated Banc-Corp is 36.90%. Return on assets come to 0.60% with return on investment coming to 14.90%.

Insider ownership for Associated Banc-Corp, is at 0.70% and institutional ownership comes to 76.60%. Outstanding shares are at 150.81. While shares float is 148.56. The float short is currently 2.71%, and short ratio is 5.57.

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.

About the author

Peter Clarke

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