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Is this Large Market Cap Stock target price reasonable for TransCanada Corporation (NYSE:TRP)?

The company in question is, TransCanada Corporation (NYSE:TRP) currently with a stock price of 44.85 (-1.49% today). The market cap for TransCanada Corporation is 36710.38, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for TransCanada Corporation is 47.37. Currently TransCanada Corporation is trading with a P/E of *TBA, and a forward P/E of 21.68. Average volume for TransCanada Corporation is 1060.54 and so far today it is 633095.

Performance in the last year for TransCanada Corporation has been 25.95%. For EPS growth, TransCanada Corporation has seen a growth of -171.20%, and is looking to grow in the next year to 8.47%. More long term stats show that EPS growth has been -24.40% over the last five years and could be 4.20% for the next five years. TransCanada Corporation has seen sales growth quarter over quarter at -11.40%, with EPS growth quarter over quarter at -34.20%. The 20-day simple moving average is 2.70%, with the 200-day simple moving average coming to 22.03%.

Since the IPO date for TransCanada Corporation on the 12/30/1987, TransCanada Corporation has seen performance year to date to be 42.70%. With TransCanada Corporation trading at 44.85, the dividend yield is 3.82%, and the EPS is -1.48.

So could TransCanada Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 4.38 and the P/B is at 3.05. The P/cash is 38.8, with P/free cash flow at *TBA.

TransCanada Corporation 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 2.28, and total debt/equity at 2.56.

In terms of margins, TransCanada Corporation has a gross margin of 51.90%, an operating margin of -5.20% and a profit margin of -12.50%.Payout ratio for TransCanada Corporation is *TBA. Return on assets come to -2.10% with return on investment coming to -0.50%.

Insider ownership for TransCanada Corporation, is at *TBA and institutional ownership comes to 60.20%. Outstanding shares are at 806.29. While shares float is 798.99. The float short is currently 2.61%, and short ratio is 19.65.

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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Peter Clarke

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