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Is this Large Market Cap Stock target price reasonable for Highwoods Properties Inc. (NYSE:HIW)?

The company in question is, Highwoods Properties Inc. (NYSE:HIW) currently with a stock price of 50.62 (0.40% today). The market cap for Highwoods Properties Inc. is 4993.09, and is in the sector Financial, and REIT РOffice industry. The target price for Highwoods Properties Inc. is 55.78. Currently Highwoods Properties Inc. is trading with a P/E of 61.94, and a forward P/E of 40.56. Average volume for Highwoods Properties Inc. is 581.84 and so far today it is 106238.

Performance in the last year for Highwoods Properties Inc. has been 27.44%. For EPS growth, Highwoods Properties Inc. has seen a growth of -15.20%, and is looking to grow in the next year to -76.61%. More long term stats show that EPS growth has been 1.40% over the last five years and could be 3.15% for the next five years. Highwoods Properties Inc. has seen sales growth quarter over quarter at 12.40%, with EPS growth quarter over quarter at 49.00%. The 20-day simple moving average is -2.96%, with the 200-day simple moving average coming to 5.72%.

Since the IPO date for Highwoods Properties Inc. on the 06/08/1994, Highwoods Properties Inc. has seen performance year to date to be 18.82%. With Highwoods Properties Inc. trading at 50.62, the dividend yield is 3.37%, and the EPS is 0.81.

So could Highwoods Properties Inc., be undervalued? Well as said before P/E is 61.94. The PEG is 19.66, P/S is 8.08 and the P/B is at 2.41. The P/cash is 2080.46, with P/free cash flow at *TBA.

Highwoods Properties 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 1.02, and total debt/equity at 1.02.

In terms of margins, Highwoods Properties Inc. has a gross margin of 65.00%, an operating margin of 25.20% and a profit margin of 83.30%.Payout ratio for Highwoods Properties Inc. is 31.80%. Return on assets come to 11.40% with return on investment coming to 3.70%.

Insider ownership for Highwoods Properties Inc., is at 0.60% and institutional ownership comes to *TBA. Outstanding shares are at 99.03. While shares float is 96.74. The float short is currently 1.98%, and short ratio is 3.29.

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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