Stock Updates

Is this Large Market Cap Stock target price reasonable for Spectra Energy Corp. (NYSE:SE)?

The company in question is, Spectra Energy Corp. (NYSE:SE) currently with a stock price of 36.81 (0.59% today). The market cap for Spectra Energy Corp. is 25576.41, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Spectra Energy Corp. is 35.87. Currently Spectra Energy Corp. is trading with a P/E of 152.46, and a forward P/E of 23.09. Average volume for Spectra Energy Corp. is 4141.17 and so far today it is 1046362.

Performance in the last year for Spectra Energy Corp. has been 31.56%. For EPS growth, Spectra Energy Corp. has seen a growth of -81.90%, and is looking to grow in the next year to 25.20%. More long term stats show that EPS growth has been -28.90% over the last five years and could be 6.55% for the next five years. Spectra Energy Corp. has seen sales growth quarter over quarter at -2.80%, with EPS growth quarter over quarter at 693.40%. The 20-day simple moving average is 4.98%, with the 200-day simple moving average coming to 25.12%.

Since the IPO date for Spectra Energy Corp. on the 1/3/2007, Spectra Energy Corp. has seen performance year to date to be 57.02%. With Spectra Energy Corp. trading at 36.81, the dividend yield is 4.43%, and the EPS is 0.24.

So could Spectra Energy Corp., be undervalued? Well as said before P/E is 152.46. The PEG is 23.28, P/S is 5.12 and the P/B is at 2.28. The P/cash is *TBA, with P/free cash flow at *TBA.

Spectra Energy Corp. ability to deal with debt shows that the current ratio is 0.6, and the quick ratio is *TBA. This is with long term debt/equity at 1.21, and total debt/equity at 0.

In terms of margins, Spectra Energy Corp. has a gross margin of 86.90%, an operating margin of 27.00% and a profit margin of 5.90%.Payout ratio for Spectra Energy Corp. is 362.40%. Return on assets come to 0.90% with return on investment coming to 6.00%.

Insider ownership for Spectra Energy Corp., is at 0.20% and institutional ownership comes to 69.00%. Outstanding shares are at 699. While shares float is 697.6. The float short is currently 3.64%, and short ratio is 6.13.

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

Leave a Comment