Is Canadian Imperial Stock a Good Investment?
Canadian Imperial Investment Advice | CM |
- Examine Canadian Imperial's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Canadian Imperial's leadership team and their track record. Good management can help Canadian Imperial navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Banks space and any emerging trends that could impact Canadian Imperial's business and its evolving consumer preferences.
- Compare Canadian Imperial's performance and market position to its competitors. Analyze how Canadian Imperial is positioned in terms of product offerings, innovation, and market share.
- Check if Canadian Imperial pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Canadian Imperial's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Canadian Imperial Bank stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Canadian Imperial Bank is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Canadian Imperial Stock
Researching Canadian Imperial's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 52.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.64. Some equities with similar Price to Book (P/B) outperform the market in the long run. Canadian Imperial Bank last dividend was issued on the 27th of September 2024. The entity had 2:1 split on the 16th of May 2022.
To determine if Canadian Imperial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Canadian Imperial's research are outlined below:
| On 28th of October 2024 Canadian Imperial paid $ 0.6685 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Currency Management Market Forecast Report, 2024-2028 2033 |
Canadian Imperial Quarterly Accounts Payable |
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Canadian Imperial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Canadian Imperial Bank. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Canadian Imperial's 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.
| 23rd of February 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 5th of December 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Canadian Imperial'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. Below are the table of largest EPS Surprises Canadian Imperial's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-05-28 | 2009-04-30 | 0.65 | 0.58 | -0.07 | 10 | ||
2008-12-04 | 2008-10-31 | 0.65 | 0.72 | 0.07 | 10 | ||
2006-03-02 | 2006-01-31 | 0.62 | 0.69 | 0.07 | 11 | ||
1996-06-06 | 1996-04-30 | 0.69 | 0.76 | 0.07 | 10 | ||
1997-06-05 | 1997-04-30 | 0.8 | 0.72 | -0.08 | 10 | ||
1995-12-07 | 1995-10-31 | 0.55 | 0.63 | 0.08 | 14 | ||
1995-09-06 | 1995-07-31 | 0.48 | 0.56 | 0.08 | 16 | ||
2007-03-01 | 2007-01-31 | 0.83 | 0.92 | 0.09 | 10 |
Know Canadian Imperial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Canadian Imperial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Canadian Imperial Bank backward and forwards among themselves. Canadian Imperial's institutional investor refers to the entity that pools money to purchase Canadian Imperial'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 | Connor Clark & Lunn Inv Mgmt Ltd | 2024-06-30 | 9.3 M | Norges Bank | 2024-06-30 | 8.6 M | Healthcare Of Ontario Pension Plan Trust Fund | 2024-09-30 | 8 M | Legal & General Group Plc | 2024-06-30 | 7.2 M | Mufg Securities (canada), Ltd. | 2024-06-30 | 6.1 M | Fidelity International Ltd | 2024-06-30 | 5.6 M | Jpmorgan Chase & Co | 2024-06-30 | 5.5 M | Capital World Investors | 2024-09-30 | 5.3 M | British Columbia Investment Management Corp | 2024-09-30 | 5.2 M | Royal Bank Of Canada | 2024-06-30 | 75.7 M | Bank Of Montreal | 2024-06-30 | 50.6 M |
Canadian Imperial's market capitalization trends
The company currently falls under 'Large-Cap' category with a market capitalization of 61.17 B.Market Cap |
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Canadian Imperial's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.02 | 0.03 | |
| Return On Equity | 0.08 | 0.10 |
Determining Canadian Imperial's profitability involves analyzing its financial statements and using various financial metrics to determine if Canadian Imperial is a good buy. For example, gross profit margin measures Canadian Imperial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Canadian Imperial's profitability and make more informed investment decisions.
Evaluate Canadian Imperial's management efficiency
As of the 28th of November 2024, Return On Tangible Assets is likely to grow to 0. Also, Return On Capital Employed is likely to grow to 0.03. At this time, Canadian Imperial's Debt To Assets are very stable compared to the past year. As of the 28th of November 2024, Return On Assets is likely to grow to 0, though Other Assets are likely to grow to (312.6 B). Canadian Imperial's management efficiency ratios could be used to measure how well Canadian Imperial manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 49.47 | 51.95 | |
| Tangible Book Value Per Share | 41.88 | 43.97 | |
| Enterprise Value Over EBITDA | 4.29 | 3.02 | |
| Price Book Value Ratio | 0.97 | 1.79 | |
| Enterprise Value Multiple | 19.69 | 10.18 | |
| Price Fair Value | 0.97 | 1.79 | |
| Enterprise Value | 160.8 B | 168.9 B |
Canadian Imperial Bank has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Dividend Yield 0.04 | Forward Dividend Yield 0.04 | Forward Dividend Rate 2.59 | Beta 1.128 |
Basic technical analysis of Canadian Stock
As of the 28th of November, Canadian Imperial shows the Downside Deviation of 0.7938, risk adjusted performance of 0.2006, and Mean Deviation of 0.7594. Canadian Imperial Bank 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. Please confirm Canadian Imperial Bank jensen alpha, as well as the relationship between the potential upside and skewness to decide if Canadian Imperial Bank is priced correctly, providing market reflects its regular price of 64.68 per share. Given that Canadian Imperial has jensen alpha of 0.221, we suggest you to validate Canadian Imperial Bank's prevailing market performance to make sure the company can sustain itself at a future point.Canadian Imperial's Outstanding Corporate Bonds
Canadian Imperial 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. Canadian Imperial Bank 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 Canadian bonds can be classified according to their maturity, which is the date when Canadian Imperial Bank 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.
Understand Canadian Imperial's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Canadian Imperial's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2006 | |||
| Market Risk Adjusted Performance | 0.663 | |||
| Mean Deviation | 0.7594 | |||
| Semi Deviation | 0.3914 | |||
| Downside Deviation | 0.7938 | |||
| Coefficient Of Variation | 386.9 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.18 | |||
| Information Ratio | 0.1385 | |||
| Jensen Alpha | 0.221 | |||
| Total Risk Alpha | 0.0998 | |||
| Sortino Ratio | 0.1897 | |||
| Treynor Ratio | 0.653 | |||
| Maximum Drawdown | 6.96 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.8 | |||
| Downside Variance | 0.63 | |||
| Semi Variance | 0.1532 | |||
| Expected Short fall | (0.88) | |||
| Skewness | 1.72 | |||
| Kurtosis | 6.78 |
| Risk Adjusted Performance | 0.2006 | |||
| Market Risk Adjusted Performance | 0.663 | |||
| Mean Deviation | 0.7594 | |||
| Semi Deviation | 0.3914 | |||
| Downside Deviation | 0.7938 | |||
| Coefficient Of Variation | 386.9 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.18 | |||
| Information Ratio | 0.1385 | |||
| Jensen Alpha | 0.221 | |||
| Total Risk Alpha | 0.0998 | |||
| Sortino Ratio | 0.1897 | |||
| Treynor Ratio | 0.653 | |||
| Maximum Drawdown | 6.96 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.8 | |||
| Downside Variance | 0.63 | |||
| Semi Variance | 0.1532 | |||
| Expected Short fall | (0.88) | |||
| Skewness | 1.72 | |||
| Kurtosis | 6.78 |
Consider Canadian Imperial's intraday indicators
Canadian Imperial 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 Canadian Imperial 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.
| Accumulation Distribution | 7471.67 | |||
| Daily Balance Of Power | (0.09) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 64.87 | |||
| Day Typical Price | 64.81 | |||
| Price Action Indicator | (0.21) | |||
| Period Momentum Indicator | (0.05) | |||
| Relative Strength Index | 61.72 |
Canadian Imperial Corporate Filings
| 27th of November 2024 Prospectus used primarily for registering securities for public sale. | ViewVerify | |
6K | 5th of November 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
FWP | 29th of October 2024 A written communication used by offering participants to offer securities to the public or to solicit securities transactions. | ViewVerify |
Canadian Stock media impact
Far too much social signal, news, headlines, and media speculation about Canadian Imperial that are available to investors today. That information is available publicly through Canadian media outlets and privately through word of mouth or via Canadian internal channels. However, regardless of the origin, that massive amount of Canadian data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Canadian Imperial news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Canadian Imperial relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Canadian Imperial's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Canadian Imperial alpha.
Canadian Imperial Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Canadian Imperial can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Canadian Imperial Bank Historical Investor Sentiment
Investor biases related to Canadian Imperial's public news can be used to forecast risks associated with an investment in Canadian. The trend in average sentiment can be used to explain how an investor holding Canadian can time the market purely based on public headlines and social activities around Canadian Imperial Bank. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Canadian Imperial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Canadian Imperial and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Canadian Imperial news discussions. The higher the estimate score, the more favorable the investor's outlook on Canadian Imperial.
Canadian Imperial Corporate Directors
| Martine Turcotte | Independent Director | Profile | |
| Luc Desjardins | Independent Director | Profile | |
| Jane Peverett | Independent Director | Profile | |
| Linda Hasenfratz | Independent Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Canadian Imperial Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Is Diversified Banks space 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 Canadian Imperial. If investors know Canadian 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 Canadian Imperial 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 0.238 | Dividend Share 3.57 | Earnings Share 4.9 | Revenue Per Share 24.295 | Quarterly Revenue Growth 0.196 |
The market value of Canadian Imperial Bank is measured differently than its book value, which is the value of Canadian that is recorded on the company's balance sheet. Investors also form their own opinion of Canadian Imperial's value that differs from its market value or its book value, called intrinsic value, which is Canadian Imperial'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 Canadian Imperial's market value can be influenced by many factors that don't directly affect Canadian Imperial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Canadian Imperial's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Canadian Imperial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Imperial'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.