Bank of Nova Scotia Stock Analysis

BNS -  USA Stock  

USD 73.53  0.10  0.14%

The latest bullish price patterns experienced by current Bank of Nova Scotia shareholders could raise concerns from retail investors as the firm it trading at a share price of 73.53 on very low momentum in volume. The company directors and management have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in December. The stock standard deviation of daily returns for 90 days investing horizon is currently 1.06. The below-average Stock volatility is a good sign for longer-term investment options and for buy-and-hold investors.
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Bank of Nova Scotia Stock Analysis 

 
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The Bank of Nova Scotia stock analysis report makes it easy to digest most publicly released information about Bank of Nova Scotia and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Bank of Nova Scotia Stock analysis module also helps to analyze the Bank of Nova Scotia price relationship with some important fundamental indicators such as market cap and management efficiency.

Bank of Nova Scotia Stock Analysis Notes

About 56.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.28. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bank of Nova Scotia has Price/Earnings To Growth (PEG) ratio of 2.82. The entity recorded earning per share (EPS) of 6.04. The firm next dividend is scheduled to be issued on the 3rd of January 2022. Bank of Nova Scotia had 2:1 split on the 29th of April 2004. The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada. Bank of Nova Scotia operates under Banks - Diversified classification in the United States and is traded on New York Stock Exchange. It employs 89488 people. For more info on Bank Of Nova please contact Brian Porter at 416 866 3672 or go to https://www.scotiabank.com.

Bank of Nova Scotia Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Bank of Nova Scotia's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Bank Of Nova or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Bank Of Nova has about 396.96 B in cash with (91.38 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 326.55.
Roughly 56.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Nova Kreditna banka Maribor d.d. -- Moodys assigns Ba1 rating on review for upgrade to Nova Kreditna banka Maribors planned junior senior unsecured notes - Yahoo Finance

Bank of Nova Scotia Upcoming and Recent Events

Earnings reports are used by Bank of Nova Scotia to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Bank of Nova Scotia previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report22nd of February 2022
Next Earnings Report7th of June 2022
Next Fiscal Quarter End31st of January 2022
Next Fiscal Year End29th of November 2022
Last Quarter Report31st of October 2021
Last Earning Announcement31st of January 2021

Bank of Nova Scotia Largest EPS Surprises

Earnings surprises can significantly impact Bank of Nova Scotia's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2000-06-01
2000-04-300.40.440.0410 
2020-05-26
2020-04-300.68050.75390.073410 
2006-12-08
2006-10-310.780.860.0810 
View All Earnings Estimates

Bank of Nova Scotia SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Bank of Nova Scotia prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Bank of Nova Scotia investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Bank of Nova Scotia specific information freely available to individual and institutional investors to make a timely investment decision.

Bank of Nova Scotia Thematic Classifications

In addition to having Bank of Nova Scotia stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Banking IdeaBanking
USA Equities from Banking industry as classified by Fama & French
Banks IdeaBanks
All money banks and credit services

Bank of Nova Scotia Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 89.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bank of Nova Scotia's market, we take the total number of its shares issued and multiply it by Bank of Nova Scotia's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Bank of Nova Scotia Profitablity

Bank of Nova Scotia's profitability indicators refer to fundamental financial ratios that showcase Bank of Nova Scotia's ability to generate income relative to its revenue or operating costs. If, let's say, Bank of Nova Scotia is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Bank of Nova Scotia's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Bank of Nova Scotia's profitability requires more research than a typical breakdown of Bank of Nova Scotia's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 32.7 %, which may imply that it executes well on its competitive polices and has reasonable control over its expenses and variable costs. This is very large. In the same way, it shows Net Operating Margin of 43.57 %, which entails that for every 100 dollars of revenue, it generated 0.44 of operating income.
Last ReportedProjected for 2022
Return on Average Assets 0.0054  0.006379 
Return on Average Equity 0.09  0.10 
Return on Invested Capital 0.0054  0.006379 
Return on Sales 0.24  0.28 

Management Efficiency

The entity has Return on Asset of 0.86 % which means that on every $100 spent on asset, it made $0.86 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 13.89 %, implying that it generated $13.89 on every 100 dollars invested. Bank of Nova Scotia management efficiency ratios could be used to measure how well bank of nova scotia manages its routine affairs as well as how well it operates its assets and liabilities. As of 01/17/2022, Return on Average Assets is likely to grow to 0.006379. Also, Return on Average Equity is likely to grow to 0.10. Bank of Nova Scotia Asset Turnover is relatively stable at the moment as compared to the past year. Bank of Nova Scotia reported last year Asset Turnover of 0.0252. As of 01/17/2022, Return on Average Assets is likely to grow to 0.006379, while Total Assets are likely to drop slightly above 1191.6 B.
Last ReportedProjected for 2022
Book Value per Share 64.42  59.77 
Enterprise Value over EBIT 39.60  36.38 
Enterprise Value over EBITDA 33.45  31.93 
Price to Book Value 0.87  1.09 
Tangible Assets Book Value per Share1.1 K975
Enterprise Value252 B247.5 B
Tangible Asset Value1287.4 B1174 B

Technical Drivers

As of the 17th of January 2022, Bank of Nova Scotia shows the Mean Deviation of 0.8257, risk adjusted performance of 0.2006, and Downside Deviation of 0.9571. Bank of Nova Scotia technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Bank Of Nova, which can be compared to its rivals. Please confirm Bank of Nova Scotia coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Bank of Nova Scotia is priced correctly, providing market reflects its regular price of 73.53 per share. Given that Bank of Nova Scotia has jensen alpha of 0.2005, we suggest you to validate Bank Of Nova's prevailing market performance to make sure the company can sustain itself at a future point.

Bank of Nova Scotia Price Movement Analysis

The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Bank of Nova Scotia middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Bank of Nova Scotia. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target. View also all equity analysis or get more info about bollinger bands overlap studies indicator.

Bank of Nova Scotia Outstanding Bonds

Bank of Nova Scotia issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Bank of Nova Scotia uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Bank of Nova Scotia bonds can be classified according to their maturity, which is the date when Bank Of Nova has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
MaturityCouponRating
Bank of Nova12/21/20264.0
NA
Bank of Nova02/07/20283.5
A+
Bank of Nova02/25/20273.25
A+

Bank of Nova Scotia Technical and Predictive Indicators

Bank of Nova Scotia Forecast Models

Bank of Nova Scotia time-series forecasting models is one of many Bank of Nova Scotia's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bank of Nova Scotia's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Bank of Nova Scotia Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bank of Nova Scotia stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bank of Nova Scotia shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Bank of Nova Scotia. By using and applying Bank of Nova Scotia Stock analysis, traders can create a robust methodology for identifying Bank of Nova Scotia entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.28  0.31 
Gross Margin 0.90  0.89 
Profit Margin 0.19  0.22 
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada. Bank of Nova Scotia operates under Banks - Diversified classification in the United States and is traded on New York Stock Exchange. It employs 89488 people.

Current Bank of Nova Scotia Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bank of Nova Scotia analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bank of Nova Scotia analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
75.19Hold6Odds
Bank Of Nova current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bank of Nova Scotia analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bank of Nova Scotia stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bank of Nova Scotia, talking to its executives and customers, or listening to Bank of Nova Scotia conference calls.
Bank of Nova Scotia Analyst Advice Details

Bank of Nova Scotia Stock Analysis Indicators

Bank Of Nova stock analysis indicators help investors evaluate how Bank of Nova Scotia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Bank of Nova Scotia shares will generate the highest return on investment. By understating and applying Bank of Nova Scotia stock analysis, traders can identify Bank of Nova Scotia position entry and exit signals to maximize returns.
Trailing Annual Dividend Rate3.60
Fifty Two Week Low52.97
Revenue Growth18.10%
Payout Ratio46.75%
Shares Short Prior Month2.18M
Average Daily Volume Last 10 Day2.21M
Average Daily Volume In Three Month1.45M
Earnings Growth39.30%
Shares Percent Shares Out0.28%
Earnings Quarterly Growth36.20%
Forward Price Earnings10.66
Float Shares1.2B
Fifty Two Week High74.24
Fifty Day Average68.07
Two Hundred Day Average64.84
Enterprise Value To Revenue-3.71
Trailing Annual Dividend Yield4.89%
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When running Bank of Nova Scotia price analysis, check to measure Bank of Nova Scotia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Nova Scotia is operating at the current time. Most of Bank of Nova Scotia's value examination focuses on studying past and present price action to predict the probability of Bank of Nova Scotia's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bank of Nova Scotia's price. Additionally, you may evaluate how the addition of Bank of Nova Scotia to your portfolios can decrease your overall portfolio volatility.
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Is Bank of Nova Scotia's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Nova Scotia. If investors know Bank of Nova Scotia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Nova Scotia listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Bank of Nova Scotia is measured differently than its book value, which is the value of Bank of Nova Scotia that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Nova Scotia's value that differs from its market value or its book value, called intrinsic value, which is Bank of Nova Scotia's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Nova Scotia's market value can be influenced by many factors that don't directly affect Bank of Nova Scotia's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Nova Scotia's value and its price as these two are different measures arrived at by different means. Investors typically determine Bank of Nova Scotia value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Nova Scotia's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.