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A look at a High Market Cap Stock: Canadian Imperial Bank of Commerce, CM

Canadian Imperial Bank of Commerce, CM is in the exchange NYSE and its industry is Money Center Banks in the sector of Financial. Based in Canada, Canadian Imperial Bank of Commerce, CM  has a market cap of 31302.91. Since its IPO date on the 11/13/1997, Canadian Imperial Bank of Commerce, CM performance year to date is 23.25%. Today Canadian Imperial Bank of Commerce, CM has gained -0.63%, with a current price of 79.28.

Ownership of the company is 5.67% for insider ownership while institutional ownership is 70.80%. The management of the company have seen the company have a payout ratio of 45.10%. Return of assets are at 0.90%, with return on investment at 26.90%.

In terms of debt levels and profit levels, Canadian Imperial Bank of Commerce, CM is seeing a long-term debt/equity of 0.16. While Total debt/equity is 0.16. With a profit margin of 35.10%, this is combined with a gross margin of *TBA, and operating margin of 62.40%. Canadian Imperial Bank of Commerce ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year Canadian Imperial Bank of Commerce, CM has seen a EPS growth of 12.90%. A performance for the year of 16.38%. The 52-week high is -2.89%, and the 52-week low is 44.23%. The average volume for Canadian Imperial Bank of Commerce, CM is 469800.

With a target price of 78.48, can Canadian Imperial Bank of Commerce, CM reach this target? Looking at the value indicators of Canadian Imperial Bank of Commerce, CM. Canadian Imperial Bank of Commerce has a P/E of 11.22 and a forward P/E of 7.95. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.48. Canadian Imperial Bank of Commerce also has a P/S and a P/B of 3.47 and 1.88 respectively. For P/cash, Canadian Imperial Bank of Commerce has a value of 0.32, while it is 4.26 for P/free cash flow.

At the current price of 79.28, Canadian Imperial Bank of Commerce has a dividend yield of 4.72%. We see a return on equity of 19.60%.

Looking more long-term Canadian Imperial Bank of Commerce, is projected to get an EPS growth for the next five years of 4.53%. In the short-term an EPS growth of -0.36% in the next year is forecasted. This is after a EPS growth of 12.90% for this year and for the last five years a 6.10% growth has been seen.

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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