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Is this Large Market Cap Stock target price reasonable for Joy Global, Inc. (NYSE:JOY)?

The company in question is, Joy Global, Inc. (NYSE:JOY) currently with a stock price of 27.87 (-0.11% today). The market cap for Joy Global, Inc. is 2748.71, and is in the sector Industrial Goods, and Farm & Construction Machinery industry. The target price for Joy Global, Inc. is 25.64. Currently Joy Global, Inc. is trading with a P/E of *TBA, and a forward P/E of 61.73. Average volume for Joy Global, Inc. is 2668.21 and so far today it is 600042.

Performance in the last year for Joy Global, Inc. has been 62.28%. For EPS growth, Joy Global, Inc. has seen a growth of -460.70%, and is looking to grow in the next year to 222.86%. More long term stats show that EPS growth has been -36.50% over the last five years and could be *TBA for the next five years. Joy Global, Inc. has seen sales growth quarter over quarter at -26.00%, with EPS growth quarter over quarter at -99.80%. The 20-day simple moving average is 1.20%, with the 200-day simple moving average coming to 41.22%.

Since the IPO date for Joy Global, Inc. on the 5/25/2001, Joy Global, Inc. has seen performance year to date to be 121.57%. With Joy Global, Inc. trading at 27.87, the dividend yield is 0.14%, and the EPS is -13.74.

So could Joy Global, Inc., be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 1.07 and the P/B is at 1.99. The P/cash is 15.04, with P/free cash flow at 11.22.

Joy Global, Inc. ability to deal with debt shows that the current ratio is 2.3, and the quick ratio is 1.2. This is with long term debt/equity at 0.71, and total debt/equity at 0.73.

In terms of margins, Joy Global, Inc. has a gross margin of 22.00%, an operating margin of -53.10% and a profit margin of -51.70%.Payout ratio for Joy Global, Inc. is *TBA. Return on assets come to -37.80% with return on investment coming to -44.90%.

Insider ownership for Joy Global, Inc., is at 1.00% and institutional ownership comes to 98.20%. Outstanding shares are at 98.52. While shares float is 97.61. The float short is currently 6.94%, and short ratio is 2.54.

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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