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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 90.5 (1.24% today). The market cap for First Republic Bank is 13956.01, and is in the sector Financial, and Money Center Banks industry. The target price for First Republic Bank is 102.37. Currently First Republic Bank is trading with a P/E of 22.62, and a forward P/E of 16.76. Average volume for First Republic Bank is 1156 and so far today it is 1055000.

Performance in the last year for First Republic Bank has been 26.67%. For EPS growth, First Republic Bank has seen a growth of 23.30%, and is looking to grow in the next year to 18.87%. More long term stats show that EPS growth has been 8.00% over the last five years and could be 15.83% for the next five years. First Republic Bank has seen sales growth quarter over quarter at 20.20%, with EPS growth quarter over quarter at 12.30%. The 20-day simple moving average is -1.37%, with the 200-day simple moving average coming to 8.49%.

Since the IPO date for First Republic Bank on the 12/09/2010, First Republic Bank has seen performance year to date to be -1.61%. With First Republic Bank trading at 90.5, the dividend yield is 0.71%, and the EPS is 4.

So could First Republic Bank, be undervalued? Well as said before P/E is 22.62. The PEG is 1.43, P/S is 6.73 and the P/B is at 2.28. The P/cash is 3.59, with P/free cash flow at *TBA.

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 0.2, and total debt/equity at 0.2.

In terms of margins, First Republic Bank has a gross margin of *TBA, an operating margin of 88.80% and a profit margin of 30.20%.Payout ratio for First Republic Bank is 15.50%. Return on assets come to 0.90% with return on investment coming to 24.60%.

Insider ownership for First Republic Bank, is at 0.30% and institutional ownership comes to 96.60%. Outstanding shares are at 154.21. While shares float is 152.69. The float short is currently 1.56%, and short ratio is 2.06.

Graphs: First Republic Bank NYSE: FRC | Friday April 21, 2017

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First Republic Bank NYSE: FRC

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First Republic Bank NYSE: FRC

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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