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Is this Large Market Cap Stock target price reasonable for M&T Bank Corporation (NYSE:MTB)?

The company in question is, M&T Bank Corporation (NYSE:MTB) currently with a stock price of 117.64 (0.38% today). The market cap for M&T Bank Corporation is 18312.5, and is in the sector Financial, and Regional – Northeast Banks industry. The target price for M&T Bank Corporation is 117.86. Currently M&T Bank Corporation is trading with a P/E of 15.74, and a forward P/E of 13.63. Average volume for M&T Bank Corporation is 859.27 and so far today it is 288614.

Performance in the last year for M&T Bank Corporation has been -8.78%. For EPS growth, M&T Bank Corporation has seen a growth of -3.20%, and is looking to grow in the next year to 7.66%. More long term stats show that EPS growth has been 4.80% over the last five years and could be 5.40% for the next five years. M&T Bank Corporation has seen sales growth quarter over quarter at -57.00%, with EPS growth quarter over quarter at -62.20%. The 20-day simple moving average is 1.19%, with the 200-day simple moving average coming to 2.70%.

Since the IPO date for M&T Bank Corporation on the 10/4/1991, M&T Bank Corporation has seen performance year to date to be -2.06%. With M&T Bank Corporation trading at 117.64, the dividend yield is 2.39%, and the EPS is 7.44.

So could M&T Bank Corporation, be undervalued? Well as said before P/E is 15.74. The PEG is 2.92, P/S is 5.06 and the P/B is at 1.22. The P/cash is 1.78, with P/free cash flow at *TBA.

M&T Bank Corporation 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 0.68, and total debt/equity at 0.68.

In terms of margins, M&T Bank Corporation has a gross margin of *TBA, an operating margin of 84.40% and a profit margin of 31.00%.Payout ratio for M&T Bank Corporation is 37.50%. Return on assets come to 1.00% with return on investment coming to 8.10%.

Insider ownership for M&T Bank Corporation, is at 0.20% and institutional ownership comes to 79.60%. Outstanding shares are at 156.25. While shares float is 149.21. The float short is currently 2.35%, and short ratio is 4.08.

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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