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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 73.19 (-0.18% today). The market cap for First Republic Bank is 11067.06, and is in the sector Financial, and Money Center Banks industry. The target price for First Republic Bank is 78.9. Currently First Republic Bank is trading with a P/E of 19.6, and a forward P/E of 16.62. Average volume for First Republic Bank is 720.7 and so far today it is 790400.

Performance in the last year for First Republic Bank has been 16.72%. For EPS growth, First Republic Bank has seen a growth of 3.70%, and is looking to grow in the next year to 12.57%. More long term stats show that EPS growth has been 8.30% over the last five years and could be 15.08% for the next five years. First Republic Bank has seen sales growth quarter over quarter at 18.40%, with EPS growth quarter over quarter at 21.70%. The 20-day simple moving average is -3.23%, with the 200-day simple moving average coming to 5.70%.

Since the IPO date for First Republic Bank on the 12/9/2010, First Republic Bank has seen performance year to date to be 11.56%. With First Republic Bank trading at 73.19, the dividend yield is 0.87%, and the EPS is 3.73.

So could First Republic Bank, be undervalued? Well as said before P/E is 19.6. The PEG is 1.3, P/S is 5.87 and the P/B is at 2.07. The P/cash is 4.5, 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 0.15, and total debt/equity at 0.15.

In terms of margins, First Republic Bank has a gross margin of *TBA, an operating margin of 89.30% and a profit margin of 30.10%.Payout ratio for First Republic Bank is 16.10%. Return on assets come to 0.90% with return on investment coming to 25.10%.

Insider ownership for First Republic Bank, is at 0.91% and institutional ownership comes to 98.70%. Outstanding shares are at 151.21. While shares float is 148.15. The float short is currently 2.30%, and short ratio is 4.73.

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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