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Is this Large Market Cap Stock target price reasonable for CoreSite Realty Corporation (NYSE:COR)?

The company in question is, CoreSite Realty Corporation (NYSE:COR) currently with a stock price of 77.45 (0.34% today). The market cap for CoreSite Realty Corporation is 3679.65, and is in the sector Financial, and REIT – Office industry. The target price for CoreSite Realty Corporation is 91.55. Currently CoreSite Realty Corporation is trading with a P/E of 58.52, and a forward P/E of 38.71. Average volume for CoreSite Realty Corporation is 523.55 and so far today it is 135712.

Performance in the last year for CoreSite Realty Corporation has been 45.13%. For EPS growth, CoreSite Realty Corporation has seen a growth of 54.60%, and is looking to grow in the next year to 36.95%. More long term stats show that EPS growth has been 43.40% over the last five years and could be 15.30% for the next five years. CoreSite Realty Corporation has seen sales growth quarter over quarter at 18.20%, with EPS growth quarter over quarter at 67.90%. The 20-day simple moving average is -0.39%, with the 200-day simple moving average coming to 5.40%.

Since the IPO date for CoreSite Realty Corporation on the 9/23/2010, CoreSite Realty Corporation has seen performance year to date to be 37.15%. With CoreSite Realty Corporation trading at 77.45, the dividend yield is 2.75%, and the EPS is 1.32.

So could CoreSite Realty Corporation, be undervalued? Well as said before P/E is 58.52. The PEG is 3.82, P/S is 10.06 and the P/B is at 7.47. The P/cash is 1672.57, with P/free cash flow at *TBA.

CoreSite Realty Corporation 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 1.5, and total debt/equity at 1.5.

In terms of margins, CoreSite Realty Corporation has a gross margin of 69.60%, an operating margin of 22.00% and a profit margin of 10.80%.Payout ratio for CoreSite Realty Corporation is 150.30%. Return on assets come to 3.30% with return on investment coming to 9.20%.

Insider ownership for CoreSite Realty Corporation, is at 2.10% and institutional ownership comes to 99.60%. Outstanding shares are at 47.67. While shares float is 47.03. The float short is currently 4.68%, and short ratio is 4.2.

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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