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Is this Large Market Cap Stock target price reasonable for Turquoise Hill Resources Ltd. (NYSE:TRQ)?

The company in question is, Turquoise Hill Resources Ltd. (NYSE:TRQ) currently with a stock price of 2.96 (1.54% today). The market cap for Turquoise Hill Resources Ltd. is 5897.9, and is in the sector Basic Materials, and Industrial Metals & Minerals industry. The target price for Turquoise Hill Resources Ltd. is 3.9. Currently Turquoise Hill Resources Ltd. is trading with a P/E of 15.78, and a forward P/E of *TBA. Average volume for Turquoise Hill Resources Ltd. is 2250.43 and so far today it is 1216656.

Performance in the last year for Turquoise Hill Resources Ltd. has been -5.50%. For EPS growth, Turquoise Hill Resources Ltd. has seen a growth of -5.70%, and is looking to grow in the next year to -1300.00%. More long term stats show that EPS growth has been 19.80% over the last five years and could be *TBA for the next five years. Turquoise Hill Resources Ltd. has seen sales growth quarter over quarter at -21.70%, with EPS growth quarter over quarter at -42.60%. The 20-day simple moving average is -2.60%, with the 200-day simple moving average coming to 5.67%.

Since the IPO date for Turquoise Hill Resources Ltd. on the 11/18/2003, Turquoise Hill Resources Ltd. has seen performance year to date to be 14.96%. With Turquoise Hill Resources Ltd. trading at 2.96, the dividend yield is *TBA, and the EPS is 0.19.

So could Turquoise Hill Resources Ltd., be undervalued? Well as said before P/E is 15.78. The PEG is *TBA, P/S is 3.83 and the P/B is at 0.68. The P/cash is 3.99, with P/free cash flow at 16.33.

Turquoise Hill Resources Ltd. ability to deal with debt shows that the current ratio is 8.5, and the quick ratio is 7.5. This is with long term debt/equity at 0.47, and total debt/equity at 0.47.

In terms of margins, Turquoise Hill Resources Ltd. has a gross margin of 39.20%, an operating margin of 9.50% and a profit margin of 22.10%.Payout ratio for Turquoise Hill Resources Ltd. is 0.00%. Return on assets come to 3.70% with return on investment coming to 3.60%.

Insider ownership for Turquoise Hill Resources Ltd., is at 49.50% and institutional ownership comes to 38.50%. Outstanding shares are at 2019.83. While shares float is 990.22. The float short is currently 2.77%, and short ratio is 12.2.

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

Mark Hines

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