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Is this Large Market Cap Stock target price reasonable for Canadian Imperial Bank of Commerce (NYSE:CM)?

The company in question is, Canadian Imperial Bank of Commerce (NYSE:CM) currently with a stock price of 80.75 (0.61% today). The market cap for Canadian Imperial Bank of Commerce is 31579.71, and is in the sector Financial, and Money Center Banks industry. The target price for Canadian Imperial Bank of Commerce is 78.8. Currently Canadian Imperial Bank of Commerce is trading with a P/E of 10.25, and a forward P/E of 8.09. Average volume for Canadian Imperial Bank of Commerce is 578.04 and so far today it is 530700.

Performance in the last year for Canadian Imperial Bank of Commerce has been 19.59%. For EPS growth, Canadian Imperial Bank of Commerce has seen a growth of 12.90%, and is looking to grow in the next year to -0.99%. More long term stats show that EPS growth has been 6.10% over the last five years and could be 4.53% for the next five years. Canadian Imperial Bank of Commerce has seen sales growth quarter over quarter at 6.30%, with EPS growth quarter over quarter at 49.20%. The 20-day simple moving average is 5.38%, with the 200-day simple moving average coming to 12.10%.

Since the IPO date for Canadian Imperial Bank of Commerce on the 11/13/1997, Canadian Imperial Bank of Commerce has seen performance year to date to be 25.54%. With Canadian Imperial Bank of Commerce trading at 80.75, the dividend yield is 4.63%, and the EPS is 7.88.

So could Canadian Imperial Bank of Commerce, be undervalued? Well as said before P/E is 10.25. The PEG is 2.26, P/S is 3.5 and the P/B is at 1.94. The P/cash is 0.32, with P/free cash flow at 4.36.

Canadian Imperial Bank of Commerce ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.16, and total debt/equity at 0.16.

In terms of margins, Canadian Imperial Bank of Commerce has a gross margin of *TBA, an operating margin of 61.50% and a profit margin of 34.50%.Payout ratio for Canadian Imperial Bank of Commerce is 45.10%. Return on assets come to 0.90% with return on investment coming to 26.90%.

Insider ownership for Canadian Imperial Bank of Commerce, is at 5.67% and institutional ownership comes to 70.80%. Outstanding shares are at 391.08. While shares float is 391.08. The float short is currently 5.62%, and short ratio is 38.03.

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.

About the author

Mark Hines

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