Stock Updates

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 РOffice 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

Leave a Comment