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Is this Large Market Cap Stock target price reasonable for Equity Residential (NYSE:EQR)?

The company in question is, Equity Residential (NYSE:EQR) currently with a stock price of 65.61 (1.23% today). The market cap for Equity Residential is 24079.53, and is in the sector Financial, and REIT – Residential industry. The target price for Equity Residential is 69.45. Currently Equity Residential is trading with a P/E of 5.9, and a forward P/E of 47.1. Average volume for Equity Residential is 2399.75 and so far today it is 1837000.

Performance in the last year for Equity Residential has been 6.16%. For EPS growth, Equity Residential has seen a growth of 42.10%, and is looking to grow in the next year to -87.50%. More long term stats show that EPS growth has been 52.40% over the last five years and could be 2.70% for the next five years. Equity Residential has seen sales growth quarter over quarter at -12.40%, with EPS growth quarter over quarter at -23.90%. The 20-day simple moving average is -3.07%, with the 200-day simple moving average coming to -4.34%.

Since the IPO date for Equity Residential on the 8/12/1993, Equity Residential has seen performance year to date to be -8.59%. With Equity Residential trading at 65.61, the dividend yield is 3.08%, and the EPS is 11.11.

So could Equity Residential, be undervalued? Well as said before P/E is 5.9. The PEG is 2.19, P/S is 9.21 and the P/B is at 2.15. The P/cash is 48.37, with P/free cash flow at *TBA.

Equity Residential 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 0.77, and total debt/equity at 0.77.

In terms of margins, Equity Residential has a gross margin of 67.20%, an operating margin of 37.00% and a profit margin of *TBA.Payout ratio for Equity Residential is 18.30%. Return on assets come to 19.00% with return on investment coming to 4.70%.

Insider ownership for Equity Residential, is at 0.80% and institutional ownership comes to 96.40%. Outstanding shares are at 367.01. While shares float is 359.2. The float short is currently 1.94%, and short ratio is 2.9.

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

Mark Hines

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