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Is this Large Market Cap Stock target price reasonable for Enable Midstream Partners, LP (NYSE:ENBL)?

The company in question is, Enable Midstream Partners, LP (NYSE:ENBL) currently with a stock price of 15.29 (-3.23% today). The market cap for Enable Midstream Partners, LP is 6681.19, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Enable Midstream Partners, LP is 15.3. Currently Enable Midstream Partners, LP is trading with a P/E of *TBA, and a forward P/E of 19.77. Average volume for Enable Midstream Partners, LP is 203.82 and so far today it is 37094.

Performance in the last year for Enable Midstream Partners, LP has been 39.89%. For EPS growth, Enable Midstream Partners, LP has seen a growth of -238.50%, and is looking to grow in the next year to 19.61%. More long term stats show that EPS growth has been -39.60% over the last five years and could be 1.00% for the next five years. Enable Midstream Partners, LP has seen sales growth quarter over quarter at -10.30%, with EPS growth quarter over quarter at -54.70%. The 20-day simple moving average is 5.42%, with the 200-day simple moving average coming to 37.67%.

Since the IPO date for Enable Midstream Partners, LP on the 04/11/2014, Enable Midstream Partners, LP has seen performance year to date to be 88.78%. With Enable Midstream Partners, LP trading at 15.29, the dividend yield is 8.04%, and the EPS is -1.9.

So could Enable Midstream Partners, LP, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 2.97 and the P/B is at 0.9. The P/cash is 1113.53, with P/free cash flow at *TBA.

Enable Midstream Partners, LP ability to deal with debt shows that the current ratio is 1.2, and the quick ratio is 1. This is with long term debt/equity at 0.42, and total debt/equity at 0.42.

In terms of margins, Enable Midstream Partners, LP has a gross margin of 56.60%, an operating margin of -33.30% and a profit margin of -35.50%.Payout ratio for Enable Midstream Partners, LP is *TBA. Return on assets come to -7.10% with return on investment coming to -6.60%.

Insider ownership for Enable Midstream Partners, LP, is at 64.20% and institutional ownership comes to 32.50%. Outstanding shares are at 422.86. While shares float is 119.3. The float short is currently 0.55%, and short ratio is 3.22.

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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