Stock Updates

Morning Hot: The Bank of Nova Scotia (BNS)

Today’s top gainers include the company The Bank of Nova Scotia (NYSE:BNS) which is in the industry Money Center Banks, gaining 0.87% today. In the last week its performance is 1.06%, and 1.08% for the past quarter. Currently, The Bank of Nova Scotia, BNS has a target price of 63.64, so today’s gain of 0.87% is a significant step towards its target price. The GAP today is therefore 0.12%.

The Bank of Nova Scotia (NYSE:BNS), has a market cap of 71.15 B, and is based in Canada. Insider ownership is at *TBA, and institutional ownership is 65.50%.

At the current price of 59, it has a dividend yield of 3.83%, and its target price is 63.64. This is with a profit margin of 33.40%, and total debt/equity of 0.14. The Bank of Nova Scotia (NYSE:BNS) has a P/E of 12.44, as well as a forward P/E of 11.33.

With a current EPS of 4.74, and a forecasted EPS growth for next year at 6.48%,The Bank of Nova Scotia (NYSE:BNS) has had a EPS growth for the past five years at -0.20%. For the next five years EPS growth is projected to be 5.71%.

Performance for the year is 19.02%. Since its IPO date on 9/13/1999, the total performance to date is 5.96%.

Volume today for The Bank of Nova Scotia (NYSE:BNS), is 745988, while its average volume is 906.4. Whilst the total gain today was 0.87%, it did have a day high of 0.03%.

Volatility for this week has been at 1.50%, and 1.35% for the month. The 52-week low for The Bank of Nova Scotia, BNS has been 23.98%, while the 52-week-high has reached -6.19%.

Looking at its return of investments, which is 16.30%, and its return on assets is 0.80%. The Bank of Nova Scotia (NYSE:BNS) has an operating margin of 54.00%. With a sales growth of 6.60% quarter over quarter. Bearing in mind that The Bank of Nova Scotia, BNS is in the sector Financial, its long-term debt/equity is 0.14, and has a current ratio of *TBA and *TBA for quick ratio.

So what is the value of The Bank of Nova Scotia? Well its PEG is 2.18, and the P/S is 4.13, along with a P/B of 1.71. Meanwhile it has a p/cash of 0.31.

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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