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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 115.8 (-1.31% today). The market cap for M&T Bank Corporation is 18150.49, and is in the sector Financial, and Regional – Northeast Banks industry. The target price for M&T Bank Corporation is 118.05. Currently M&T Bank Corporation is trading with a P/E of 15.89, and a forward P/E of 13.45. Average volume for M&T Bank Corporation is 862.09 and so far today it is 900100.

Performance in the last year for M&T Bank Corporation has been 1.35%. For EPS growth, M&T Bank Corporation has seen a growth of -3.20%, and is looking to grow in the next year to 7.70%. 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 -35.20%, with EPS growth quarter over quarter at -45.40%. The 20-day simple moving average is 0.37%, with the 200-day simple moving average coming to 1.93%.

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 -2.65%. With M&T Bank Corporation trading at 115.8, the dividend yield is 2.42%, and the EPS is 7.29.

So could M&T Bank Corporation, be undervalued? Well as said before P/E is 15.89. The PEG is 2.94, P/S is 5.02 and the P/B is at 1.2. The P/cash is 1.69, with P/free cash flow at 13.66.

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 30.30%.Payout ratio for M&T Bank Corporation is 38.30%. Return on assets come to 0.90% with return on investment coming to 8.10%.

Insider ownership for M&T Bank Corporation, is at 1.90% and institutional ownership comes to 81.00%. Outstanding shares are at 156.74. While shares float is 146. The float short is currently 2.28%, and short ratio is 3.87.

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

Peter Clarke

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