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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 46.99 (0.32% today). The market cap for TransCanada Corporation is 37490.03, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for TransCanada Corporation is 49.33. Currently TransCanada Corporation is trading with a P/E of *TBA, and a forward P/E of 22.54. Average volume for TransCanada Corporation is 999.15 and so far today it is 606300.

Performance in the last year for TransCanada Corporation has been 47.34%. For EPS growth, TransCanada Corporation has seen a growth of -171.20%, and is looking to grow in the next year to 7.14%. More long term stats show that EPS growth has been -24.40% over the last five years and could be 6.65% for the next five years. TransCanada Corporation has seen sales growth quarter over quarter at 4.60%, with EPS growth quarter over quarter at -14.10%. The 20-day simple moving average is 0.82%, with the 200-day simple moving average coming to 19.14%.

Since the IPO date for TransCanada Corporation on the 12/30/1987, TransCanada Corporation has seen performance year to date to be 47.28%. With TransCanada Corporation trading at 46.99, the dividend yield is 3.66%, and the EPS is -1.54.

So could TransCanada Corporation, be undervalued? Well as said before P/E is *TBA. The PEG is *TBA, P/S is 4.45 and the P/B is at 3.17. The P/cash is 28.57, with P/free cash flow at *TBA.

TransCanada Corporation ability to deal with debt shows that the current ratio is 0.5, and the quick ratio is 0.4. This is with long term debt/equity at 3.02, and total debt/equity at 3.18.

In terms of margins, TransCanada Corporation has a gross margin of 53.00%, an operating margin of -4.60% and a profit margin of -13.00%.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 797.83. While shares float is 797.83. The float short is currently 0.77%, and short ratio is 6.11.

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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