Bank Of Nova Stock Analysis

BNS Stock  USD 51.81  0.65  1.27%   
Bank Of Nova is fairly valued with Real Value of 50.4 and Target Price of 50.6. The main objective of Bank of Nova Scotia stock analysis is to determine its intrinsic value, which is an estimate of what Bank Of Nova is worth, separate from its market price. There are two main types of Bank of Nova Scotia's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Bank of Nova Scotia's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Bank of Nova Scotia's stock to identify patterns and trends that may indicate its future price movements.
The Bank of Nova Scotia stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Bank of Nova Scotia is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Bank Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Bank of Nova Scotia's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Bank Stock Analysis Notes

About 50.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.2. 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 1.44. The entity last dividend was issued on the 1st of April 2024. The firm 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 is traded on New York Stock Exchange in the United States. For more info on Bank Of Nova please contact Brian Porter at 416 866 6161 or go to https://www.scotiabank.com.

Bank of Nova Scotia Quarterly Total Revenue

18.82 Billion

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 Scotia has a poor financial position based on the latest SEC disclosures
Latest headline from finance.yahoo.com: 2 Incredibly Cheap Dividend Stocks to Buy Now

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.
27th of February 2024
Upcoming Quarterly Report
View
22nd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
26th of November 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of October 2023
Last Financial Announcement
View

Bank 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 
2006-12-08
2006-10-310.780.860.0810 
2009-05-28
2009-04-300.790.90.1113 
View All Earnings Estimates

Bank Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Bank of Nova Scotia is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank Of Nova backward and forwards among themselves. Bank of Nova Scotia's institutional investor refers to the entity that pools money to purchase Bank of Nova Scotia's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Jarislowsky Fraser Ltd2023-12-31
13.2 M
Healthcare Of Ontario Pension Plan Trust Fund2023-12-31
12.4 M
Legal & General Group Plc2023-12-31
9.3 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
8.8 M
Cibc Global Asset Management Inc2023-12-31
8.7 M
Goldman Sachs Group Inc2023-12-31
7.2 M
Jpmorgan Chase & Co2023-12-31
5.7 M
Dimensional Fund Advisors, Inc.2023-12-31
5.6 M
Amundi2023-12-31
4.8 M
Royal Bank Of Canada2023-12-31
102.5 M
Bank Of Montreal2023-12-31
72 M
Note, although Bank of Nova Scotia's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Bank Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 62.52 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 those looking for more risk prefer small-cap and mid-cap equities.

Bank 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 0.27 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.37 %, which entails that for every 100 dollars of revenue, it generated $0.37 of operating income.
Last ReportedProjected for 2024
Return On Capital Employed 0.01  0.01 
Return On Assets 0  0.01 
Return On Equity 0.11  0.17 

Management Efficiency

At this time, Bank of Nova Scotia's Return On Assets are comparatively stable compared to the past year. Return On Equity is likely to gain to 0.17 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, Bank of Nova Scotia's Non Current Assets Total are comparatively stable compared to the past year. Net Tangible Assets is likely to gain to about 71.8 B in 2024, whereas Non Currrent Assets Other are likely to drop (3.3 B) in 2024. Bank of Nova Scotia's 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.
Last ReportedProjected for 2024
Price Book Value Ratio 0.79  1.17 
Enterprise Value Multiple 22.83  23.97 
Price Fair Value 0.79  1.17 
The analysis of Bank of Nova Scotia's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Bank of Nova Scotia's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Bank Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0623
Forward Dividend Yield
0.0623
Forward Dividend Rate
3.14
Beta
0.959

Technical Drivers

As of the 28th of March, Bank of Nova Scotia shows the Downside Deviation of 1.08, mean deviation of 0.7801, and Risk Adjusted Performance of 0.0856. 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 51.81 per share. Given that Bank of Nova Scotia has jensen alpha of (0), 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

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. 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.

Bank of Nova Scotia Predictive Daily Indicators

Bank of Nova Scotia intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Bank of Nova Scotia stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Bank of Nova Scotia Corporate Filings

27th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
26th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
25th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
22nd of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
21st of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
20th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
19th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify
18th of March 2024
Prospectus used primarily for registering securities for public sale.
ViewVerify

Bank of Nova Scotia Forecast Models

Bank of Nova Scotia's time-series forecasting models are one of many Bank of Nova Scotia's stock analysis techniques aimed at predicting 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 market movement and maximize returns from investment trading.

About Bank Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bank of Nova Scotia prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bank 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 Stock analysis, traders can create a robust methodology for identifying Bank entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.31  0.28 
Operating Profit Margin 0.35  0.33 
Net Profit Margin 0.23  0.21 
Gross Profit Margin 0.83  0.74 

Current Bank Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bank 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 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
50.6Hold15Odds
Bank Of Nova current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bank 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 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 conference calls.
Bank Analyst Advice Details

Bank 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.
Begin Period Cash Flow11.1 B
Long Term Debt190.7 B
Common Stock Shares Outstanding1.2 B
Total Stockholder Equity76.9 B
Total Cashflows From Investing Activities-30 B
Tax Provision2.2 B
Quarterly Earnings Growth Y O Y0.246
Property Plant And Equipment Net5.6 B
Cash And Short Term Investments140.8 B
Cash90.3 B
Accounts Payable17 B
Net Debt223.5 B
50 Day M A47.9004
Total Current Liabilities136.9 B
Other Operating Expenses-22.2 B
Non Current Assets Total250.6 B
Forward Price Earnings10.4384
Non Currrent Assets Other-3.5 B
Stock Based Compensation14 M
When determining whether Bank of Nova Scotia is a strong investment it is important to analyze Bank of Nova Scotia's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Bank of Nova Scotia's future performance. For an informed investment choice regarding Bank Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank Of Nova. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Bank Stock analysis

When running Bank of Nova Scotia's 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 the 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 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.
Quarterly Earnings Growth
0.246
Dividend Share
4.21
Earnings Share
4.49
Revenue Per Share
24.448
Quarterly Revenue Growth
0.02
The market value of Bank of Nova Scotia is measured differently than its book value, which is the value of Bank 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 if Bank of Nova Scotia is a good investment 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.