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Is this Large Market Cap Stock target price reasonable for Valley National Bancorp (NYSE:VLY)?

The company in question is, Valley National Bancorp (NYSE:VLY) currently with a stock price of 9.52 (0.63% today). The market cap for Valley National Bancorp is 2404.83, and is in the sector Financial, and Regional РNortheast Banks industry. The target price for Valley National Bancorp is 9.91. Currently Valley National Bancorp is trading with a P/E of 21.55, and a forward P/E of 13.81. Average volume for Valley National Bancorp is 1731.54 and so far today it is 767547.

Performance in the last year for Valley National Bancorp has been 1.17%. For EPS growth, Valley National Bancorp has seen a growth of -25.10%, and is looking to grow in the next year to 10.66%. More long term stats show that EPS growth has been -10.40% over the last five years and could be 5.00% for the next five years. Valley National Bancorp has seen sales growth quarter over quarter at 7.50%, with EPS growth quarter over quarter at 6.20%. The 20-day simple moving average is 1.02%, with the 200-day simple moving average coming to 4.56%.

Since the IPO date for Valley National Bancorp on the 3/23/1990, Valley National Bancorp has seen performance year to date to be -0.54%. With Valley National Bancorp trading at 9.52, the dividend yield is 4.65%, and the EPS is 0.44.

So could Valley National Bancorp, be undervalued? Well as said before P/E is 21.55. The PEG is 4.31, P/S is 3.27 and the P/B is at 1.13. The P/cash is 7.68, with P/free cash flow at 343.55.

Valley National Bancorp 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 0.75, and total debt/equity at 0.75.

In terms of margins, Valley National Bancorp has a gross margin of *TBA, an operating margin of 78.30% and a profit margin of 14.80%.Payout ratio for Valley National Bancorp is 100.10%. Return on assets come to 0.50% with return on investment coming to 21.90%.

Insider ownership for Valley National Bancorp, is at 0.40% and institutional ownership comes to 55.60%. Outstanding shares are at 254.21. While shares float is 245.98. The float short is currently 6.28%, and short ratio is 8.92.

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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Tony Dabbs

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