Bank Of Nova Scotia Shares Approach 52-Week High - Market Mover

The shares closed 0.8% below its 52-week high of $74.24, with trading volume lower than its 30 day average

Jan 14, 2022 by Kwhen Finance Editors

Bank Of Nova Scotia Shares Approach 52-Week High - Market Mover
Bank Of Nova Scotia (BNS) shares closed today at 0.8% below its 52 week high of $74.24, giving the company a market cap of $89B. The stock is currently up 3.9% year-to-date, up 41.8% over the past 12 months, and up 55.8% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 0.7%.

Trading Activity

  • Trading volume this week was 3.2% lower than the 20-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 0.8.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed above its Bollinger band, indicating it may be overbought.

Fundamentals & Catalysts

  • Over the past 12 months the company generated $7 billion in earnings before interest and taxes from $31 billion in revenue. It currently holds $0 in cash and $807 billion in debt.
  • Its forward price-to-earnings (P/E) ratio of 0 is lower than its current P/E ratio of 5.90, implying that analysts are expecting an increase in earnings.
  • The company's price/earnings-to-growth ratio (PEG Ratio), a widely used indicator of a stock's true value while also factoring in expected earnings growth, currently stands at -0.79. A fairly valued company should have a PEG ratio of 1.0. When a company's PEG exceeds 1.0, it's considered overvalued while a stock with a PEG of less than 1.0 is considered undervalued.
  • The company's debt-to-equity ratio, which measures the extent to which it finances its operations through debt, currently stands at 16.95 which means it currently has $16.95 of debt for every $1 of equity. Generally speaking, a debt to equity ratio below 1.0 is seen as relatively safe, while ratios of 2.0 or higher would be considered risky. Some industries are known for having much higher debt to equity ratios than others.
  • The company's price-to-book ratio, which measures the market's valuation of a company relative to its book value, currently stands at 1.65. This means that the stock is trading at a premium of 2 times relative to the company's book value which reflects the total value of a company's assets that shareholders of that company would receive if the company were to be liquidated.
  • The company's price-to-sales ratio, which shows how much the market values every dollar of the company's sales, currently stands at 2.57.
  • The company's enterprise value-to-revenue multiple, which is often used to determine a company's valuation in the case of a potential acquisition, currently stands at 2.57.

P/E

5.90

EBITDA

$7B

P/Book

1.65

Mkt Cap

$89B

P/Sales

2.57

Revenue

$31B

EPS (TTM)

12.38

PEG Ratio

-0.79

EV/Revenue

2.57

Total Cash

$0

Debt/Equity

16.95

Forward P/E

0.00

Current Debt

$807B

Gross Profit

$27B

Dividend Date

-

Earnings Date

2022-03-01

Profit Margin

0.16

Revenue/Share

26.17

Total Revenue

$31B

Enterprise Val

$81B

Put/Call Ratio

0.85

Revenue/Employee

345206.50

Market Comparative Performance

  • The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Bank Of Nova Scotia0.53.941.8-1.344.7
Dow Jones Industrial Average-0.5-0.618.2-1.424.0
S&P 500 Index-1.4-2.223.9-1.629.9
Financials-0.54.833.6-0.542.8

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by -34.4%
  • The company's stock price performance over the past 12 months beats the peer average by 94.5%
  • The company's price-to-earnings ratio, which relates a company's share price to its earnings per share, is 22.3% higher than the average peer.
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Bank Of Nova ScotiaBNS5.93.941.8-1.344.7
Peer AvgN/A4.85.921.5-2.731.3
Royal Bank Of CanadaRY6.59.541.1-1.447.3
Toronto Dominion BankTD6.57.142.4-1.048.8
HSBC Holdings plc - ADRHSBC23.213.727.01.643.5
Bank of MontrealBMO6.28.554.60.062.0
Canadian Imperial Bank Of CommerceCM5.710.550.90.259.1
Banco Santander Mexico S.A. - ADRBSMX02.812.6-11.132.1
Bancolombia S.A. - ADRCIB06.6-13.8-15.620.0

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