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Is this Large Market Cap Stock target price reasonable for Western Gas Partners LP (NYSE:WES)?

The company in question is, Western Gas Partners LP (NYSE:WES) currently with a stock price of 55.79 (-0.05% today). The market cap for Western Gas Partners LP is 8109.53, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Western Gas Partners LP is 57.19. Currently Western Gas Partners LP is trading with a P/E of 336.27, and a forward P/E of 21.44. Average volume for Western Gas Partners LP is 313.53 and so far today it is 98180.

Performance in the last year for Western Gas Partners LP has been 12.80%. For EPS growth, Western Gas Partners LP has seen a growth of -186.60%, and is looking to grow in the next year to 37.85%. More long term stats show that EPS growth has been -25.60% over the last five years and could be 6.00% for the next five years. Western Gas Partners LP has seen sales growth quarter over quarter at -8.00%, with EPS growth quarter over quarter at 20.10%. The 20-day simple moving average is 9.07%, with the 200-day simple moving average coming to 24.43%.

Since the IPO date for Western Gas Partners LP on the 05/09/2008, Western Gas Partners LP has seen performance year to date to be 24.43%. With Western Gas Partners LP trading at 55.79, the dividend yield is 5.95%, and the EPS is 0.17.

So could Western Gas Partners LP, be undervalued? Well as said before P/E is 336.27. The PEG is 56.04, P/S is 5.17 and the P/B is at 2.38. The P/cash is 51.39, with P/free cash flow at *TBA.

Western Gas Partners LP ability to deal with debt shows that the current ratio is 1.6, and the quick ratio is 1.6. This is with long term debt/equity at 0.88, and total debt/equity at 0.88.

In terms of margins, Western Gas Partners LP has a gross margin of 73.00%, an operating margin of 24.50% and a profit margin of 1.60%.Payout ratio for Western Gas Partners LP is *TBA. Return on assets come to 0.30% with return on investment coming to 0.50%.

Insider ownership for Western Gas Partners LP, is at 0.10% and institutional ownership comes to 53.30%. Outstanding shares are at 145.28. While shares float is 80.95. The float short is currently 1.51%, and short ratio is 3.9.

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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