Canadian Imperial Bank Of Commerce (NYSE:CM) currently has a daily average trading volume of 1.14M but it saw 842908 shares traded in last market. With a market cap of 59.18B USD, the company’s current market price of $62.95 came rising about 0.70 while comparing to the previous closing price of $62.51. 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 $61.67 while lowest mark touched by it was $63.17.
Taking a look at 20-day trading activity of Canadian Imperial Bank Of Commerce (CM) gives us an average price of $58.77, while its current price level is -6.67% below from 52-week high level whereas it is 35.38% 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 $58.26 while that of 200 days or SMA-200 reads an average of $59.75. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.52% during that period while stretching the period over a month that increases to 2.58%. 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 70.38 which implies that the stock is in overbought territory.
Over the week, CM’s stock price is moving 4.59% up while it is 11.81% when we observe its performance for the past one month. Year-to-date it is -0.44% down and over the past year, the stock is showing an upside performance of 31.64%.
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 53.91% 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 11.28 while having a 10.45 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 1.53 while price to sale or P/S ratio amounts to 1.27. Its return on asset (ROA) is 0.74% on average.
