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TransCanada Corporation (NYSE: TRP) – Is this large market cap stock undervalued?

TransCanada Corporation (NYSE: TRP), is firmly in the large market cap category with market cap of 37370.36. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for TransCanada Corporation is 46.99 (with a change from open of -0.15%), this in conjunction with a target price of 49.33. Volume today has so far reached 300748, with an average volume of about 1009.68. The GAP for this stock, is 0.47%.

The P/E ratio is , bringing the forward P/E to a value of 22.47. The current EPS for TransCanada Corporation, is -1.54, with a EPS growth for this year coming to a value of -171.20%. Performance has been interesting with performance year to date coming to 46.81%.

Looking further into the growth statistics for TransCanada Corporation, EPS is looking like it will grow 7.14% in the next year. Looking even further it is projected to be 6.65%. Quarter over quarter is -14.10% for EPS growth and for sales growth quarter over quarter it is 4.60%. Looking at past EPS growth statistics we see that for the past five years it has been -24.40%. Sales growth for the past five years has in fact been 10.50%.

Looking at the ownership, we see that the insider ownership is at and institutional ownership is 60.20%. Shares outstanding is 797.83, while shares float is at a value of 797.83. Float short for TransCanada Corporation is 0.77% and the short ratio is 6.05.

In terms of debt, long term debt/equity is 3.02, while the total debt/equity comes to 3.18. The ability to meet these debts, means that the current ratio is 0.5, and the quick ratio is 0.4. The most recent gross margin is 53.00% and their operating margin is -4.60%. The profit margin is -13.00%.

TransCanada Corporation has seen returns on assets of -2.10%, and on investment, -0.50%. Return on equity is -9.90%. Price/Earnings to growth ratio is . Price/Sales ratio is at a value of 4.43, with Price/book ratio coming to 3.16 and Price/cash is 28.48, and finally Price/Free cash Flow is .

The simple moving averages are 0.82% and 19.14% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -2.79% and the 52 week low is 69.01%.

TransCanada Corporation has a dividend yield of 3.67%, with a current price of 46.99. The ability to pay this means the payout ratio is . This is in an industry, Oil & Gas Pipelines, with equally high dividends from other companies in this sector, which it is Basic Materials. TransCanada Corporation is based in Canada.

Performance in the Oil & Gas Pipelines industry means that TransCanada Corporation has seen performance for the past week of 0.30%, with performance for the month coming to -1.35%. Looking at the data for the quarter it is at a value of 9.08%, and for the half year the performance is 46.52%. Volatility for this week is 1.84% and for the month this is 1.73%.

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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Stephen Butters

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