Stock Updates

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 208.72 (0.07% today). The market cap for Essex Property Trust Inc. is 13660.72, and is in the sector Financial, and REIT – Residential industry. The target price for Essex Property Trust Inc. is 243.26. Currently Essex Property Trust Inc. is trading with a P/E of 50.29, and a forward P/E of 46.9. Average volume for Essex Property Trust Inc. is 369.95 and so far today it is 641700.

Performance in the last year for Essex Property Trust Inc. has been -7.15%. 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 -6.48%, with the 200-day simple moving average coming to -5.22%.

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 -10.93%. With Essex Property Trust Inc. trading at 208.72, the dividend yield is 3.07%, and the EPS is 4.15.

So could Essex Property Trust Inc., be undervalued? Well as said before P/E is 50.29. The PEG is 6.37, P/S is 10.92 and the P/B is at 2.23. The P/cash is 74.85, with P/free cash flow at 101.79.

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 4.64.

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

Leave a Comment