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Is this Large Market Cap Stock target price reasonable for MPLX LP (NYSE:MPLX)?

The company in question is, MPLX LP (NYSE:MPLX) currently with a stock price of 33.64 (0.42% today). The market cap for MPLX LP is 11642.8, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for MPLX LP is 37.67. Currently MPLX LP is trading with a P/E of *TBA, and a forward P/E of 29.53. Average volume for MPLX LP is 1088.23 and so far today it is 615000.

Performance in the last year for MPLX LP has been -24.39%. For EPS growth, MPLX LP has seen a growth of -34.90%, and is looking to grow in the next year to 598.77%. More long term stats show that EPS growth has been -1.50% over the last five years and could be 28.50% for the next five years. MPLX LP has seen sales growth quarter over quarter at 281.60%, with EPS growth quarter over quarter at -120.10%. The 20-day simple moving average is 2.58%, with the 200-day simple moving average coming to 10.73%.

Since the IPO date for MPLX LP on the 10/26/2012, MPLX LP has seen performance year to date to be -10.27%. With MPLX LP trading at 33.64, the dividend yield is 6.06%, and the EPS is -0.17.

So could MPLX LP, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 7.32 and the P/B is at 1.24. The P/cash is 332.65, with P/free cash flow at *TBA.

MPLX LP ability to deal with debt shows that the current ratio is 0.7, and the quick ratio is 0.7. This is with long term debt/equity at 0.6, and total debt/equity at 0.

In terms of margins, MPLX LP has a gross margin of 53.90%, an operating margin of 12.60% and a profit margin of -7.70%.Payout ratio for MPLX LP is *TBA. Return on assets come to -1.00% with return on investment coming to 1.40%.

Insider ownership for MPLX LP, is at 0.20% and institutional ownership comes to 72.10%. Outstanding shares are at 346.1. While shares float is 223.29. The float short is currently 3.11%, and short ratio is 6.39.

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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