Stock Updates

Is this Large Market Cap Stock target price reasonable for Concho Resources, Inc. (NYSE:CXO)?

The company in question is, Concho Resources, Inc. (NYSE:CXO) currently with a stock price of 118.72 (-1.67% today). The market cap for Concho Resources, Inc. is 15666.01, and is in the sector Basic Materials, and Oil & Gas Drilling & Exploration industry. The target price for Concho Resources, Inc. is 134.86. Currently Concho Resources, Inc. is trading with a P/E of *TBA, and a forward P/E of *TBA. Average volume for Concho Resources, Inc. is 1276.2 and so far today it is 665019.

Performance in the last year for Concho Resources, Inc. has been 21.73%. For EPS growth, Concho Resources, Inc. has seen a growth of -88.90%, and is looking to grow in the next year to -226.90%. More long term stats show that EPS growth has been -19.20% over the last five years and could be *TBA for the next five years. Concho Resources, Inc. has seen sales growth quarter over quarter at -31.40%, with EPS growth quarter over quarter at *TBA. The 20-day simple moving average is -1.64%, with the 200-day simple moving average coming to 11.56%.

Since the IPO date for Concho Resources, Inc. on the 8/3/2007, Concho Resources, Inc. has seen performance year to date to be 30.02%. With Concho Resources, Inc. trading at 118.72, the dividend yield is *TBA, and the EPS is -7.48.

So could Concho Resources, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 9.36 and the P/B is at 2.52. The P/cash is 33.56, with P/free cash flow at *TBA.

Concho Resources, Inc. ability to deal with debt shows that the current ratio is 2.3, and the quick ratio is 2.3. This is with long term debt/equity at 0.54, and total debt/equity at 0.

In terms of margins, Concho Resources, Inc. has a gross margin of 68.30%, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Concho Resources, Inc. is *TBA. Return on assets come to *TBA with return on investment coming to 3.40%.

Insider ownership for Concho Resources, Inc., is at 0.90% and institutional ownership comes to 93.00%. Outstanding shares are at 129.75. While shares float is 129.75. The float short is currently 5.61%, and short ratio is 5.71.

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

Tony Dabbs

Leave a Comment