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Is this Large Market Cap Stock target price reasonable for Enbridge Inc. (NYSE:ENB)?

The company in question is, Enbridge Inc. (NYSE:ENB) currently with a stock price of 38.65 (-1.63% today). The market cap for Enbridge Inc. is 36968.75, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Enbridge Inc. is 43.49. Currently Enbridge Inc. is trading with a P/E of 28.97, and a forward P/E of 21.73. Average volume for Enbridge Inc. is 974.66 and so far today it is 402758.

Performance in the last year for Enbridge Inc. has been -2.71%. For EPS growth, Enbridge Inc. has seen a growth of -103.30%, and is looking to grow in the next year to 3.20%. More long term stats show that EPS growth has been -15.30% over the last five years and could be 6.65% for the next five years. Enbridge Inc. has seen sales growth quarter over quarter at 10.90%, with EPS growth quarter over quarter at 402.00%. The 20-day simple moving average is -6.48%, with the 200-day simple moving average coming to 3.68%.

Since the IPO date for Enbridge Inc. on the 3/27/1990, Enbridge Inc. has seen performance year to date to be 21.08%. With Enbridge Inc. trading at 38.65, the dividend yield is 4.12%, and the EPS is 1.36.

So could Enbridge Inc., be undervalued? Well as said before P/E is 28.97. The PEG is 4.36, P/S is 1.4 and the P/B is at 3.2. The P/cash is 27.88, with P/free cash flow at *TBA.

Enbridge Inc. ability to deal with debt shows that the current ratio is 0.6, and the quick ratio is 0.6. This is with long term debt/equity at 2.58, and total debt/equity at 2.84.

In terms of margins, Enbridge Inc. has a gross margin of 29.90%, an operating margin of 10.00% and a profit margin of 4.50%.Payout ratio for Enbridge Inc. is 108.00%. Return on assets come to 1.90% with return on investment coming to 3.10%.

Insider ownership for Enbridge Inc., is at 9.20% and institutional ownership comes to 70.50%. Outstanding shares are at 940.92. While shares float is 927.91. The float short is currently 1.12%, and short ratio is 10.69.

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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Stephen Butters

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