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Is this Large Market Cap Stock target price reasonable for Western Alliance Bancorporation (NYSE:WAL)?

The company in question is, Western Alliance Bancorporation (NYSE:WAL) currently with a stock price of 37.35 (0.35% today). The market cap for Western Alliance Bancorporation is 3913.68, and is in the sector Financial, and Regional – Pacific Banks industry. The target price for Western Alliance Bancorporation is 42.06. Currently Western Alliance Bancorporation is trading with a P/E of 16.07, and a forward P/E of 12.96. Average volume for Western Alliance Bancorporation is 648.34 and so far today it is 312125.

Performance in the last year for Western Alliance Bancorporation has been 15.81%. For EPS growth, Western Alliance Bancorporation has seen a growth of 20.40%, and is looking to grow in the next year to 13.25%. More long term stats show that EPS growth has been 66.70% over the last five years and could be 9.33% for the next five years. Western Alliance Bancorporation has seen sales growth quarter over quarter at 49.30%, with EPS growth quarter over quarter at 35.30%. The 20-day simple moving average is 1.13%, with the 200-day simple moving average coming to 9.06%.

Since the IPO date for Western Alliance Bancorporation on the 07/01/2005, Western Alliance Bancorporation has seen performance year to date to be 3.79%. With Western Alliance Bancorporation trading at 37.35, the dividend yield is *TBA, and the EPS is 2.32.

So could Western Alliance Bancorporation, be undervalued? Well as said before P/E is 16.07. The PEG is 1.72, P/S is 6.25 and the P/B is at 2.13. The P/cash is 5.18, with P/free cash flow at 25.71.

Western Alliance Bancorporation 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 0.21, and total debt/equity at 0.21.

In terms of margins, Western Alliance Bancorporation has a gross margin of *TBA, an operating margin of 93.10% and a profit margin of 37.90%.Payout ratio for Western Alliance Bancorporation is 0.00%. Return on assets come to 1.60% with return on investment coming to 23.60%.

Insider ownership for Western Alliance Bancorporation, is at 1.70% and institutional ownership comes to 80.60%. Outstanding shares are at 105.15. While shares float is 95.02. The float short is currently 2.27%, and short ratio is 3.33.

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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