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

The company in question is, Continental Resources, Inc. (NYSE:CLR) currently with a stock price of 45.6 (0.37% today). The market cap for Continental Resources, Inc. is 17358.1, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for Continental Resources, Inc. is 53.03. Currently Continental Resources, Inc. is trading with a P/E of *TBA, and a forward P/E of 186.89. Average volume for Continental Resources, Inc. is 2957.83 and so far today it is 2459600.

Performance in the last year for Continental Resources, Inc. has been 64.62%. For EPS growth, Continental Resources, Inc. has seen a growth of -136.30%, and is looking to grow in the next year to 130.80%. More long term stats show that EPS growth has been -31.50% over the last five years and could be *TBA for the next five years. Continental Resources, Inc. has seen sales growth quarter over quarter at -43.30%, with EPS growth quarter over quarter at *TBA. The 20-day simple moving average is -1.93%, with the 200-day simple moving average coming to 31.26%.

Since the IPO date for Continental Resources, Inc. on the 5/15/2007, Continental Resources, Inc. has seen performance year to date to be 98.43%. With Continental Resources, Inc. trading at 45.6, the dividend yield is *TBA, and the EPS is -1.46.

So could Continental Resources, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 8.03 and the P/B is at 3.87. The P/cash is 1045.67, with P/free cash flow at *TBA.

Continental Resources, Inc. ability to deal with debt shows that the current ratio is 1, and the quick ratio is 0.8. This is with long term debt/equity at 1.64, and total debt/equity at 1.64.

In terms of margins, Continental Resources, Inc. has a gross margin of 92.00%, an operating margin of -25.20% and a profit margin of -25.00%.Payout ratio for Continental Resources, Inc. is *TBA. Return on assets come to -3.70% with return on investment coming to -0.40%.

Insider ownership for Continental Resources, Inc., is at 0.50% and institutional ownership comes to 24.10%. Outstanding shares are at 380.66. While shares float is 86.37. The float short is currently 24.27%, and short ratio is 7.09.

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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Mark Hines

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