Canadian Imperial Bank Of Commerce (NYSE: CM) has a price-to-earnings ratio that is above its average at 12.14x. The stock has a 36-month beta value of 1.08. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 1 as “sell.”
The public float for CM is 936.78M, and at present, short sellers hold a 1.84% of that float. On September 20, 2024, the average trading volume of CM was 1.26M shares.
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CM) stock’s latest price update
The stock price of Canadian Imperial Bank Of Commerce (NYSE: CM) has jumped by 1.25 compared to previous close of 60.90. Despite this, the company has seen a gain of 1.21% in its stock price over the last five trading days. zacks.com reported 2024-09-17 that PGR, CM and AXS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 17, 2024.
CM’s Market Performance
CM’s stock has risen by 1.21% in the past week, with a monthly rise of 15.47% and a quarterly rise of 30.08%. The volatility ratio for the week is 1.15% while the volatility levels for the last 30 days are 1.57% for Canadian Imperial Bank Of Commerce The simple moving average for the last 20 days is 5.76% for CM’s stock, with a simple moving average of 25.69% for the last 200 days.
CM Trading at 14.88% from the 50-Day Moving Average
After a stumble in the market that brought CM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.39% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.15%, as shares surge +15.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.86% upper at present.
During the last 5 trading sessions, CM rose by +1.21%, which changed the moving average for the period of 200-days by +47.16% in comparison to the 20-day moving average, which settled at $58.71. In addition, Canadian Imperial Bank Of Commerce saw 28.08% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CM
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 1.0 for the gross margin
The net margin for Canadian Imperial Bank Of Commerce stands at 0.15. The total capital return value is set at 0.0. Equity return is now at value 12.27, with 0.68 for asset returns.
Based on Canadian Imperial Bank Of Commerce (CM), the company’s capital structure generated 0.77 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 3.29. The interest coverage ratio of the stock is 0.15.
Currently, EBITDA for the company is 8.07 billion with net debt to EBITDA at 25.7. When we switch over and look at the enterprise to sales, we see a ratio of 5.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.28.
Conclusion
To sum up, Canadian Imperial Bank Of Commerce (CM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
