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Is this Large Market Cap Stock target price reasonable for Essex Property Trust Inc. (NYSE:ESS)?

The company in question is, Essex Property Trust Inc. (NYSE:ESS) currently with a stock price of 207.27 (-0.69% today). The market cap for Essex Property Trust Inc. is 13565.82, and is in the sector Financial, and REIT РResidential industry. The target price for Essex Property Trust Inc. is 243.26. Currently Essex Property Trust Inc. is trading with a P/E of 49.94, and a forward P/E of 46.58. Average volume for Essex Property Trust Inc. is 368.24 and so far today it is 334900.

Performance in the last year for Essex Property Trust Inc. has been -8.72%. For EPS growth, Essex Property Trust Inc. has seen a growth of 69.20%, and is looking to grow in the next year to 4.22%. More long term stats show that EPS growth has been 26.40% over the last five years and could be 7.90% for the next five years. Essex Property Trust Inc. has seen sales growth quarter over quarter at 8.60%, with EPS growth quarter over quarter at 56.60%. The 20-day simple moving average is -6.97%, with the 200-day simple moving average coming to -5.81%.

Since the IPO date for Essex Property Trust Inc. on the 6/7/1994, Essex Property Trust Inc. has seen performance year to date to be -11.55%. With Essex Property Trust Inc. trading at 207.27, the dividend yield is 3.09%, and the EPS is 4.15.

So could Essex Property Trust Inc., be undervalued? Well as said before P/E is 49.94. The PEG is 6.32, P/S is 10.84 and the P/B is at 2.22. The P/cash is 74.33, with P/free cash flow at 101.09.

Essex Property Trust Inc. 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 0.92, and total debt/equity at 0.92.

In terms of margins, Essex Property Trust Inc. has a gross margin of 69.90%, an operating margin of 29.90% and a profit margin of 21.70%.Payout ratio for Essex Property Trust Inc. is 146.10%. Return on assets come to 2.30% with return on investment coming to 3.10%.

Insider ownership for Essex Property Trust Inc., is at 0.40% and institutional ownership comes to 98.80%. Outstanding shares are at 65.45. While shares float is 64.56. The float short is currently 2.66%, and short ratio is 4.66.

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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