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Is this Large Market Cap Stock target price reasonable for The Bank of Nova Scotia (NYSE:BNS)?

The company in question is, The Bank of Nova Scotia (NYSE:BNS) currently with a stock price of 53.25 (0.36% today). The market cap for The Bank of Nova Scotia is 64536.87, and is in the sector Financial, and Money Center Banks industry. The target price for The Bank of Nova Scotia is 54.26. Currently The Bank of Nova Scotia is trading with a P/E of 12.22, and a forward P/E of 8.55. Average volume for The Bank of Nova Scotia is 822.63 and so far today it is 790900.

Performance in the last year for The Bank of Nova Scotia has been 26.94%. For EPS growth, The Bank of Nova Scotia has seen a growth of 0.00%, and is looking to grow in the next year to 6.14%. More long term stats show that EPS growth has been 8.10% over the last five years and could be 5.42% for the next five years. The Bank of Nova Scotia has seen sales growth quarter over quarter at 11.50%, with EPS growth quarter over quarter at -12.70%. The 20-day simple moving average is 6.03%, with the 200-day simple moving average coming to 16.92%.

Since the IPO date for The Bank of Nova Scotia on the 9/13/1999, The Bank of Nova Scotia has seen performance year to date to be 34.69%. With The Bank of Nova Scotia trading at 53.25, the dividend yield is 4.11%, and the EPS is 4.36.

So could The Bank of Nova Scotia, be undervalued? Well as said before P/E is 12.22. The PEG is 2.26, P/S is 3.89 and the P/B is at 1.67. The P/cash is 0.27, with P/free cash flow at 3.08.

The Bank of Nova Scotia 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 0.15, and total debt/equity at 0.15.

In terms of margins, The Bank of Nova Scotia has a gross margin of *TBA, an operating margin of 53.90% and a profit margin of 31.80%.Payout ratio for The Bank of Nova Scotia is 50.10%. Return on assets come to 0.80% with return on investment coming to 16.80%.

Insider ownership for The Bank of Nova Scotia, is at *TBA and institutional ownership comes to 65.50%. Outstanding shares are at 1211.96. While shares float is 1202.7. The float short is currently 1.24%, and short ratio is 18.17.

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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Mark Hines

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