BlackRock, Inc. ($BLK) Possible Buy to $415 Confident Investor Rating: Good

Company name BlackRock, Inc.
Stock ticker BLK
Live stock price [stckqut]BLK[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Good
EPS growth Fair
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $459.86
Target stock price (averages with growth) $551.39
Target stock price (averages with no growth) $275.93
Target stock price (manual assumptions) $457.02

The following company description is from Google Finance: http://www.google.com/finance?q=blk

BlackRock, Inc. (BlackRock) is an investment management firm. The Company provides a range of investment and risks management services. The Company’s clients include retail, high net worth (HNW) and institutional investors, consists of pension funds, official institutions, endowments, insurance companies, corporations, financial institutions, central banks and sovereign wealth funds. The Company’s product range includes single- and multi-asset class portfolios investing in equities, fixed income, alternatives and/or money market instruments. The Company offers the products directly and through intermediaries in a variety of vehicles, including open-end and closed-end mutual funds, iShares exchange-traded funds (ETFs) and other exchange-traded products, collective investment funds and separate accounts. The Company also offer the BlackRock Solutions (BRS) risk management and advisory services primarily to institutional investors.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in BlackRock, Inc.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of BlackRock, Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $372.84
  • Growth: 0.15
  • Current EPS (TTM): $19.26
  • P/E: 19
  • Future EPS Calc: $38.73
  • Future Stock Price Calc: $736.03
  • Target stock price: $457.02

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I hope that this makes you a Confident Investor.

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