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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 218.96 (-1.69% today). The market cap for Essex Property Trust Inc. is 14537.59, and is in the sector Financial, and REIT – Residential industry. The target price for Essex Property Trust Inc. is 242. Currently Essex Property Trust Inc. is trading with a P/E of 59.35, and a forward P/E of 51.95. Average volume for Essex Property Trust Inc. is 414.83 and so far today it is 432054.

Performance in the last year for Essex Property Trust Inc. has been 2.00%. For EPS growth, Essex Property Trust Inc. has seen a growth of 69.20%, and is looking to grow in the next year to 16.02%. More long term stats show that EPS growth has been 26.40% over the last five years and could be 14.87% for the next five years. Essex Property Trust Inc. has seen sales growth quarter over quarter at 11.10%, with EPS growth quarter over quarter at 29.00%. The 20-day simple moving average is -1.12%, with the 200-day simple moving average coming to -1.23%.

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 -5.62%. With Essex Property Trust Inc. trading at 218.96, the dividend yield is 2.87%, and the EPS is 3.75.

So could Essex Property Trust Inc., be undervalued? Well as said before P/E is 59.35. The PEG is 3.99, P/S is 11.86 and the P/B is at 2.37. The P/cash is 301.61, with P/free cash flow at *TBA.

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 0.88, and total debt/equity at 0.88.

In terms of margins, Essex Property Trust Inc. has a gross margin of 69.70%, an operating margin of 29.60% and a profit margin of 20.00%.Payout ratio for Essex Property Trust Inc. is 157.30%. Return on assets come to 2.00% with return on investment coming to 3.10%.

Insider ownership for Essex Property Trust Inc., is at 0.30% and institutional ownership comes to 98.80%. Outstanding shares are at 65.27. While shares float is 64.62. The float short is currently 2.69%, and short ratio is 4.2.

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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