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Is this Large Market Cap Stock target price reasonable for First Republic Bank (NYSE:FRC)?

The company in question is, First Republic Bank (NYSE:FRC) currently with a stock price of 73.5 (-0.05% today). The market cap for First Republic Bank is 10419.15, and is in the sector Financial, and Money Center Banks industry. The target price for First Republic Bank is 75.89. Currently First Republic Bank is trading with a P/E of 23.12, and a forward P/E of 16.73. Average volume for First Republic Bank is 905.01 and so far today it is 145085.

Performance in the last year for First Republic Bank has been 16.78%. For EPS growth, First Republic Bank has seen a growth of 3.70%, and is looking to grow in the next year to 12.40%. More long term stats show that EPS growth has been 8.30% over the last five years and could be 13.00% for the next five years. First Republic Bank has seen sales growth quarter over quarter at 16.40%, with EPS growth quarter over quarter at 17.70%. The 20-day simple moving average is 4.89%, with the 200-day simple moving average coming to 9.80%.

Since the IPO date for First Republic Bank on the 12/9/2010, First Republic Bank has seen performance year to date to be 12.09%. With First Republic Bank trading at 73.5, the dividend yield is 0.87%, and the EPS is 3.18.

So could First Republic Bank, be undervalued? Well as said before P/E is 23.12. The PEG is 1.78, P/S is 6.26 and the P/B is at 2.25. The P/cash is 4.87, with P/free cash flow at 22.95.

First Republic Bank 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 0.09, and total debt/equity at 0.09.

In terms of margins, First Republic Bank has a gross margin of *TBA, an operating margin of 87.80% and a profit margin of 27.80%.Payout ratio for First Republic Bank is 18.10%. Return on assets come to 0.80% with return on investment coming to 25.10%.

Insider ownership for First Republic Bank, is at 0.91% and institutional ownership comes to *TBA. Outstanding shares are at 141.68. While shares float is 136.92. The float short is currently 2.49%, and short ratio is 3.77.

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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