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

The company in question is, EnLink Midstream Partners, LP (NYSE:ENLK) currently with a stock price of 17.93 (0.34% today). The market cap for EnLink Midstream Partners, LP is 6159.07, and is in the sector Basic Materials, and Independent Oil & Gas industry. The target price for EnLink Midstream Partners, LP is 18.56. Currently EnLink Midstream Partners, LP is trading with a P/E of *TBA, and a forward P/E of 60.37. Average volume for EnLink Midstream Partners, LP is 683.25 and so far today it is 195655.

Performance in the last year for EnLink Midstream Partners, LP has been 12.28%. For EPS growth, EnLink Midstream Partners, LP has seen a growth of -881.20%, and is looking to grow in the next year to 117.00%. More long term stats show that EPS growth has been -31.80% over the last five years and could be 6.00% for the next five years. EnLink Midstream Partners, LP has seen sales growth quarter over quarter at -18.90%, with EPS growth quarter over quarter at -160.90%. The 20-day simple moving average is 1.70%, with the 200-day simple moving average coming to 26.28%.

Since the IPO date for EnLink Midstream Partners, LP on the 2/25/2003, EnLink Midstream Partners, LP has seen performance year to date to be 17.03%. With EnLink Midstream Partners, LP trading at 17.93, the dividend yield is 8.73%, and the EPS is -6.18.

So could EnLink Midstream Partners, LP, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.48 and the P/B is at 1.73. The P/cash is 609.81, with P/free cash flow at *TBA.

EnLink Midstream Partners, LP 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 0.98, and total debt/equity at 0.98.

In terms of margins, EnLink Midstream Partners, LP has a gross margin of *TBA, an operating margin of -45.40% and a profit margin of -49.10%.Payout ratio for EnLink Midstream Partners, LP is *TBA. Return on assets come to -23.40% with return on investment coming to -17.80%.

Insider ownership for EnLink Midstream Partners, LP, is at 0.10% and institutional ownership comes to 38.60%. Outstanding shares are at 344.66. While shares float is 159.34. The float short is currently 4.40%, and short ratio is 10.26.

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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Tony Dabbs

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