Exploring Key Insights on Bank of Nova Scotia

Large-cap Finance company Bank of Nova Scotia has moved -2.1% so far today on a volume of 1,623,264, compared to its average of 1,775,317. In contrast, the S&P 500 index moved -0.0%.

Bank of Nova Scotia trades -4.95% away from its average analyst target price of $47.66 per share. The 4 analysts following the stock have set target prices ranging from $39.02 to $53.7, and on average have given Bank of Nova Scotia a rating of hold.

If you are considering an investment in BNS, you'll want to know the following:

  • Bank of Nova Scotia has moved -4.8% over the last year, and the S&P 500 logged a change of 25.2%

  • Based on its trailing earnings per share of 4.38, Bank of Nova Scotia has a trailing 12 month Price to Earnings (P/E) ratio of 10.3 while the S&P 500 average is 27.65

  • BNS has a forward P/E ratio of 8.9 based on its forward 12 month price to earnings (EPS) of $5.07 per share

  • The company has a price to earnings growth (PEG) ratio of 3.61 — a number near or below 1 signifying that Bank of Nova Scotia is fairly valued compared to its estimated growth potential

  • Its Price to Book (P/B) ratio is 0.7 compared to its sector average of 1.76

  • 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.

  • Based in Toronto, the company has 89,090 full time employees and a market cap of $55.7 Billion. Bank of Nova Scotia currently returns an annual dividend yield of 9.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.