Stock Updates

Is this Large Market Cap Stock target price reasonable for The Blackstone Group L.P. (NYSE:BX)?

The company in question is, The Blackstone Group L.P. (NYSE:BX) currently with a stock price of 27.66 (-0.04% today). The market cap for The Blackstone Group L.P. is 32283.7, and is in the sector Financial, and Asset Management industry. The target price for The Blackstone Group L.P. is 31.54. Currently The Blackstone Group L.P. is trading with a P/E of 94.44, and a forward P/E of 9.28. Average volume for The Blackstone Group L.P. is 4401.32 and so far today it is 3008228.

Performance in the last year for The Blackstone Group L.P. has been -23.82%. For EPS growth, The Blackstone Group L.P. has seen a growth of -59.80%, and is looking to grow in the next year to 41.33%. More long term stats show that EPS growth has been 24.80% over the last five years and could be 26.15% for the next five years. The Blackstone Group L.P. has seen sales growth quarter over quarter at -62.90%, with EPS growth quarter over quarter at -77.30%. The 20-day simple moving average is 8.66%, with the 200-day simple moving average coming to 0.87%.

Since the IPO date for The Blackstone Group L.P. on the 6/22/2007, The Blackstone Group L.P. has seen performance year to date to be -2.19%. With The Blackstone Group L.P. trading at 27.66, the dividend yield is 4.05%, and the EPS is 0.29.

So could The Blackstone Group L.P., be undervalued? Well as said before P/E is 94.44. The PEG is 3.61, P/S is 10.53 and the P/B is at 2.93. The P/cash is 16.8, with P/free cash flow at *TBA.

The Blackstone Group L.P. 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 1.04, and total debt/equity at 1.05.

In terms of margins, The Blackstone Group L.P. has a gross margin of 91.30%, an operating margin of 16.30% and a profit margin of 7.50%.Payout ratio for The Blackstone Group L.P. is 681.40%. Return on assets come to 1.00% with return on investment coming to 11.00%.

Insider ownership for The Blackstone Group L.P., is at 0.40% and institutional ownership comes to 50.90%. Outstanding shares are at 1166.74. While shares float is 1129.49. The float short is currently 1.14%, and short ratio is 2.91.

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

Stephen Butters

Leave a Comment