Ideas And Forecasts On Canadian Imperial Bank Of Commerce (NYSE: CM)

Canadian Imperial Bank Of Commerce (NYSE:CM) currently has a daily average trading volume of 1.15M but it saw 814193 shares traded in last market. With a market cap of 56.58B USD, the company’s current market price of $60.19 came rising about 0.65 while comparing to the previous closing price of $59.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $67.45 and as low as $46.50. In the recent trading on the day, stock has struck highest price mark of $59.96 while lowest mark touched by it was $60.74.

Taking a look at 20-day trading activity of Canadian Imperial Bank Of Commerce (CM) gives us an average price of $57.56, while its current price level is -10.76% below from 52-week high level whereas it is 29.44% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $58.28 while that of 200 days or SMA-200 reads an average of $59.43. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.51% during that period while stretching the period over a month that increases to 2.60%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.83 which implies that the stock is in neutral territory.

Over the week, CM’s stock price is moving 3.14% up while it is 4.53% when we observe its performance for the past one month. Year-to-date it is -4.81% down and over the past year, the stock is showing an upside performance of 26.53%.

The company is expected to be releasing its next quarterly report on 2025-Feb-26, for which analysts forecasted an EPS of 1.88 while estimate for next year EPS is 7.96. In next quarter, company is expected to be making quarterly sales of $7.11B as analysts are expecting the sales for current fiscal year at $27.98B and seeing the company making $29.03B in sales next year. Moreover, analysts are in estimates of $6.91B for current-quarter revenue.

Currently, Canadian Imperial Bank Of Commerce’s total number of outstanding shares is 940.08M with 0.02% of that held by the insiders while 53.80% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 6.00% and return on equity (ROE) at 13.23%. It has a price to earnings ratio (P/E ratio) of 10.79 while having a 10.01 of forward P/E ratio. Stock’s beta reads 1.04. Stock has a price to book (P/B) ratio of 1.46 while price to sale or P/S ratio amounts to 1.22. Its return on asset (ROA) is 0.74% on average.