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Is this Large Market Cap Stock target price reasonable for Commerce Bancshares, Inc. (NASDAQ:CBSH)?

The company in question is, Commerce Bancshares, Inc. (NASDAQ:CBSH) currently with a stock price of 48.57 (-1.88% today). The market cap for Commerce Bancshares, Inc. is 4768.34, and is in the sector Financial, and Regional РMidwest Banks industry. The target price for Commerce Bancshares, Inc. is 46.5. Currently Commerce Bancshares, Inc. is trading with a P/E of 18.97, and a forward P/E of 17.03. Average volume for Commerce Bancshares, Inc. is 350.13 and so far today it is 375407.

Performance in the last year for Commerce Bancshares, Inc. has been 20.54%. For EPS growth, Commerce Bancshares, Inc. has seen a growth of 1.40%, and is looking to grow in the next year to 4.91%. More long term stats show that EPS growth has been -34.20% over the last five years and could be 8.00% for the next five years. Commerce Bancshares, Inc. has seen sales growth quarter over quarter at 5.60%, with EPS growth quarter over quarter at -2.50%. The 20-day simple moving average is -1.28%, with the 200-day simple moving average coming to 6.09%.

Since the IPO date for Commerce Bancshares, Inc. on the 09/07/1984, Commerce Bancshares, Inc. has seen performance year to date to be 18.02%. With Commerce Bancshares, Inc. trading at 48.57, the dividend yield is 1.82%, and the EPS is 2.61.

So could Commerce Bancshares, Inc., be undervalued? Well as said before P/E is 18.97. The PEG is 2.37, P/S is 6.9 and the P/B is at 1.99. The P/cash is 3.15, with P/free cash flow at 17.6.

Commerce Bancshares, Inc. 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, and total debt/equity at 0.

In terms of margins, Commerce Bancshares, Inc. has a gross margin of *TBA, an operating margin of 90.30% and a profit margin of 36.30%.Payout ratio for Commerce Bancshares, Inc. is 32.30%. Return on assets come to 1.00% with return on investment coming to 22.10%.

Insider ownership for Commerce Bancshares, Inc., is at 3.20% and institutional ownership comes to 62.60%. Outstanding shares are at 96.33. While shares float is 92.46. The float short is currently 5.05%, and short ratio is 13.35.

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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Peter Clarke

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