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Is this Large Market Cap Stock target price reasonable for EnLink Midstream, LLC (NYSE:ENLC)?

The company in question is, EnLink Midstream, LLC (NYSE:ENLC) currently with a stock price of 16.85 (0.90% today). The market cap for EnLink Midstream, LLC is 3023.54, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for EnLink Midstream, LLC is 16.29. Currently EnLink Midstream, LLC is trading with a P/E of *TBA, and a forward P/E of 33.87. Average volume for EnLink Midstream, LLC is 474.95 and so far today it is 608481.

Performance in the last year for EnLink Midstream, LLC has been -18.94%. For EPS growth, EnLink Midstream, LLC has seen a growth of -499.10%, and is looking to grow in the next year to 120.80%. More long term stats show that EPS growth has been *TBA over the last five years and could be 0.90% for the next five years. EnLink Midstream, LLC has seen sales growth quarter over quarter at -18.90%, with EPS growth quarter over quarter at -95.00%. The 20-day simple moving average is 2.43%, with the 200-day simple moving average coming to 23.38%.

Since the IPO date for EnLink Midstream, LLC on the 1/13/2004, EnLink Midstream, LLC has seen performance year to date to be 16.85%. With EnLink Midstream, LLC trading at 16.85, the dividend yield is 6.11%, and the EPS is -4.92.

So could EnLink Midstream, LLC, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 0.73 and the P/B is at 1.53. The P/cash is 296.43, with P/free cash flow at *TBA.

EnLink Midstream, LLC ability to deal with debt shows that the current ratio is 0.7, and the quick ratio is 0.7. This is with long term debt/equity at 1.71, and total debt/equity at 1.71.

In terms of margins, EnLink Midstream, LLC has a gross margin of 29.40%, an operating margin of -52.90% and a profit margin of -20.30%.Payout ratio for EnLink Midstream, LLC is *TBA. Return on assets come to -8.40% with return on investment coming to -24.80%.

Insider ownership for EnLink Midstream, LLC, is at 0.20% and institutional ownership comes to 25.40%. Outstanding shares are at 181.05. While shares float is 61.97. The float short is currently 10.60%, and short ratio is 13.83.

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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Peter Clarke

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