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 42.54 (-2.03% today). The market cap for Spectra Energy Corp. is 31281.07, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Spectra Energy Corp. is 40.75. Currently Spectra Energy Corp. is trading with a P/E of 101.92, and a forward P/E of 29.46. Average volume for Spectra Energy Corp. is 5552.77 and so far today it is 583648.

Performance in the last year for Spectra Energy Corp. has been 67.60%. For EPS growth, Spectra Energy Corp. has seen a growth of -81.90%, and is looking to grow in the next year to 21.02%. More long term stats show that EPS growth has been -28.90% over the last five years and could be 6.50% 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 15.92%, with the 200-day simple moving average coming to 39.77%.

Since the IPO date for Spectra Energy Corp. on the 1/3/2007, Spectra Energy Corp. has seen performance year to date to be 88.43%. With Spectra Energy Corp. trading at 42.54, the dividend yield is 3.73%, and the EPS is 0.43.

So could Spectra Energy Corp., be undervalued? Well as said before P/E is 101.92. The PEG is 15.68, P/S is 6.3 and the P/B is at 3.99. The P/cash is 127.16, 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 0.5. This is with long term debt/equity at 1.79, and total debt/equity at 1.94.

In terms of margins, Spectra Energy Corp. has a gross margin of 87.20%, an operating margin of 27.20% 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 0.10% and institutional ownership comes to 71.20%. Outstanding shares are at 720.43. While shares float is 699.9. The float short is currently 3.30%, and short ratio is 4.15.

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

Tony Dabbs

Leave a Comment