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Is this Large Market Cap Stock target price reasonable for Piedmont Natural Gas Co. Inc. (NYSE:PNY)?

The company in question is, Piedmont Natural Gas Co. Inc. (NYSE:PNY) currently with a stock price of 60.02 (0.00% today). The market cap for Piedmont Natural Gas Co. Inc. is 4987.12, and is in the sector Utilities, and Gas Utilities industry. The target price for Piedmont Natural Gas Co. Inc. is 60. Currently Piedmont Natural Gas Co. Inc. is trading with a P/E of 34.55, and a forward P/E of 28.18. Average volume for Piedmont Natural Gas Co. Inc. is 417.87 and so far today it is 0.

Performance in the last year for Piedmont Natural Gas Co. Inc. has been 51.14%. For EPS growth, Piedmont Natural Gas Co. Inc. has seen a growth of 11.60%, and is looking to grow in the next year to 10.40%. More long term stats show that EPS growth has been 3.37% over the last five years and could be 6.00% for the next five years. Piedmont Natural Gas Co. Inc. has seen sales growth quarter over quarter at -0.30%, with EPS growth quarter over quarter at *TBA. The 20-day simple moving average is 0.55%, with the 200-day simple moving average coming to 1.97%.

Since the IPO date for Piedmont Natural Gas Co. Inc. on the 12/30/1987, Piedmont Natural Gas Co. Inc. has seen performance year to date to be 7.07%. With Piedmont Natural Gas Co. Inc. trading at 60.02, the dividend yield is 2.27%, and the EPS is 1.74.

So could Piedmont Natural Gas Co. Inc., be undervalued? Well as said before P/E is 34.55. The PEG is 5.76, P/S is 4.33 and the P/B is at 3.2. The P/cash is *TBA, with P/free cash flow at *TBA.

Piedmont Natural Gas Co. Inc. 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 *TBA, and total debt/equity at *TBA.

In terms of margins, Piedmont Natural Gas Co. Inc. has a gross margin of *TBA, an operating margin of *TBA and a profit margin of *TBA.Payout ratio for Piedmont Natural Gas Co. Inc. is *TBA. Return on assets come to *TBA with return on investment coming to *TBA.

Insider ownership for Piedmont Natural Gas Co. Inc., is at 1.11% and institutional ownership comes to 59.40%. Outstanding shares are at 83.09. While shares float is 81.9. The float short is currently 1.52%, and short ratio is 2.97.

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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Mark Hines

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