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Is this Large Market Cap Stock target price reasonable for Macquarie Infrastructure Corporation (NYSE:MIC)?

The company in question is, Macquarie Infrastructure Corporation (NYSE:MIC) currently with a stock price of 82.55 (0.04% today). The market cap for Macquarie Infrastructure Corporation is 6737.76, and is in the sector Services, and Air Services, Other industry. The target price for Macquarie Infrastructure Corporation is 26.52. Currently Macquarie Infrastructure Corporation is trading with a P/E of 78.14, and a forward P/E of 39.33. Average volume for Macquarie Infrastructure Corporation is 419.3 and so far today it is 97900.

Performance in the last year for Macquarie Infrastructure Corporation has been 12.63%. For EPS growth, Macquarie Infrastructure Corporation has seen a growth of -108.70%, and is looking to grow in the next year to 52.36%. More long term stats show that EPS growth has been -54.10% over the last five years and could be 0.50% for the next five years. Macquarie Infrastructure Corporation has seen sales growth quarter over quarter at -6.20%, with EPS growth quarter over quarter at 129.60%. The 20-day simple moving average is 1.46%, with the 200-day simple moving average coming to 17.63%.

Since the IPO date for Macquarie Infrastructure Corporation on the 12/16/2004, Macquarie Infrastructure Corporation has seen performance year to date to be 19.77%. With Macquarie Infrastructure Corporation trading at 82.55, the dividend yield is 6.06%, and the EPS is 1.06.

So could Macquarie Infrastructure Corporation, be undervalued? Well as said before P/E is 78.14. The PEG is 156.29, P/S is 4.18 and the P/B is at 2.27. The P/cash is 289.17, with P/free cash flow at *TBA.

Macquarie Infrastructure Corporation ability to deal with debt shows that the current ratio is 0.6, and the quick ratio is 0.5. This is with long term debt/equity at 0.95, and total debt/equity at 0.97.

In terms of margins, Macquarie Infrastructure Corporation has a gross margin of 59.00%, an operating margin of 18.50% and a profit margin of 5.30%.Payout ratio for Macquarie Infrastructure Corporation is 444.80%. Return on assets come to 1.20% with return on investment coming to 0.10%.

Insider ownership for Macquarie Infrastructure Corporation, is at 9.10% and institutional ownership comes to 88.10%. Outstanding shares are at 81.65. While shares float is 80.87. The float short is currently 3.19%, and short ratio is 6.15.

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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