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Is this Large Market Cap Stock target price reasonable for Comerica Incorporated (NYSE:CMA)?

The company in question is, Comerica Incorporated (NYSE:CMA) currently with a stock price of 48.33 (0.88% today). The market cap for Comerica Incorporated is 8368.92, and is in the sector Financial, and Money Center Banks industry. The target price for Comerica Incorporated is 47.04. Currently Comerica Incorporated is trading with a P/E of 20.79, and a forward P/E of 14.07. Average volume for Comerica Incorporated is 1827.16 and so far today it is 780499.

Performance in the last year for Comerica Incorporated has been 17.69%. For EPS growth, Comerica Incorporated has seen a growth of -10.20%, and is looking to grow in the next year to 41.23%. More long term stats show that EPS growth has been 29.30% over the last five years and could be 11.44% for the next five years. Comerica Incorporated has seen sales growth quarter over quarter at 6.50%, with EPS growth quarter over quarter at -21.00%. The 20-day simple moving average is 3.68%, with the 200-day simple moving average coming to 16.72%.

Since the IPO date for Comerica Incorporated on the 3/26/1990, Comerica Incorporated has seen performance year to date to be 16.35%. With Comerica Incorporated trading at 48.33, the dividend yield is 1.92%, and the EPS is 2.3.

So could Comerica Incorporated, be undervalued? Well as said before P/E is 20.79. The PEG is 1.82, P/S is 4.52 and the P/B is at 1.08. The P/cash is 1.99, with P/free cash flow at 19.06.

Comerica Incorporated 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 0.77, and total debt/equity at 0.77.

In terms of margins, Comerica Incorporated has a gross margin of *TBA, an operating margin of 79.10% and a profit margin of 22.20%.Payout ratio for Comerica Incorporated is 36.20%. Return on assets come to 0.60% with return on investment coming to 12.40%.

Insider ownership for Comerica Incorporated, is at 0.40% and institutional ownership comes to 85.90%. Outstanding shares are at 174.68. While shares float is 172.67. The float short is currently 2.66%, and short ratio is 2.51.

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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