Chorus Aviation Stock Analysis
CHR Stock | CAD 2.94 0.01 0.34% |
Chorus Aviation is fairly valued with Real Value of 3.03 and Hype Value of 2.95. The main objective of Chorus Aviation stock analysis is to determine its intrinsic value, which is an estimate of what Chorus Aviation is worth, separate from its market price. There are two main types of Chorus Aviation's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Chorus Aviation's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Chorus Aviation's stock to identify patterns and trends that may indicate its future price movements.
The Chorus Aviation stock is traded in Canada on Toronto 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 Canada. Chorus Aviation is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. Chorus Stock trading window is adjusted to America/Toronto timezone.
Chorus |
Chorus Stock Analysis Notes
About 14.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.01. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chorus Aviation has Price/Earnings To Growth (PEG) ratio of 0.56. The entity last dividend was issued on the 30th of March 2020. The firm had 1:10 split on the 27th of November 2023. Chorus Aviation Inc., through its subsidiaries, engages in the airline business in Canada and the United States. Chorus Aviation Inc. was incorporated in 2010 and is based in Dartmouth, Canada. CHORUS AVIATION operates under Airlines classification in Canada and is traded on Toronto Stock Exchange. It employs 2164 people. For more info on Chorus Aviation please contact Joseph Randell at 902 873 5000 or go to https://www.chorusaviation.com.Chorus Aviation Quarterly Total Revenue |
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Chorus Aviation Investment Alerts
About 14.0% of the company shares are held by company insiders | |
Latest headline from news.google.com: Chorus Aviation Share Price Passes Above 50 Day Moving Average - Time to Sell - MarketBeat |
Chorus Largest EPS Surprises
Earnings surprises can significantly impact Chorus Aviation'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 | |||
---|---|---|---|---|---|---|---|
2024-05-06 | 2024-03-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2023-08-03 | 2023-06-30 | 0.09 | 0.08 | -0.01 | 11 | ||
2023-02-15 | 2022-12-31 | 0.13 | 0.11 | -0.02 | 15 |
Chorus Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 561.86 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chorus Aviation's market, we take the total number of its shares issued and multiply it by Chorus Aviation'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.Chorus Profitablity
Chorus Aviation's profitability indicators refer to fundamental financial ratios that showcase Chorus Aviation's ability to generate income relative to its revenue or operating costs. If, let's say, Chorus Aviation is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Chorus Aviation'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 Chorus Aviation's profitability requires more research than a typical breakdown of Chorus Aviation's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.07) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.03 | 0.03 | |
Return On Capital Employed | 0.09 | 0.12 | |
Return On Assets | 0.03 | 0.03 | |
Return On Equity | 0.08 | 0.08 |
Management Efficiency
Chorus Aviation has return on total asset (ROA) of 0.0385 % which means that it generated a profit of $0.0385 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0687 %, meaning that it generated $0.0687 on every $100 dollars invested by stockholders. Chorus Aviation's management efficiency ratios could be used to measure how well Chorus Aviation manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of December 2024, Return On Capital Employed is likely to grow to 0.12, while Return On Tangible Assets are likely to drop 0.03. At this time, Chorus Aviation's Non Currrent Assets Other are very stable compared to the past year. As of the 22nd of December 2024, Other Current Assets is likely to grow to about 112.3 M, while Total Assets are likely to drop about 2 B.Last Reported | Projected for Next Year | ||
Book Value Per Share | 6.56 | 4.66 | |
Tangible Book Value Per Share | 6.43 | 6.76 | |
Enterprise Value Over EBITDA | 4.60 | 4.83 | |
Price Book Value Ratio | 0.42 | 0.40 | |
Enterprise Value Multiple | 4.60 | 4.83 | |
Price Fair Value | 0.42 | 0.40 | |
Enterprise Value | 2.2 B | 1.3 B |
Leadership effectiveness at Chorus Aviation is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.0788 | Profit Margin (0.07) | Beta 2.146 | Return On Assets 0.0385 | Return On Equity 0.0687 |
Technical Drivers
As of the 22nd of December, Chorus Aviation shows the Mean Deviation of 1.64, risk adjusted performance of 0.051, and Downside Deviation of 2.08. Chorus Aviation 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.Chorus Aviation Price Movement Analysis
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. Chorus Aviation 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 Chorus Aviation. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Chorus Aviation Outstanding Bonds
Chorus Aviation 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. Chorus Aviation 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 Chorus bonds can be classified according to their maturity, which is the date when Chorus Aviation 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.
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Chorus Aviation Predictive Daily Indicators
Chorus Aviation 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 Chorus Aviation 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.
Chorus Aviation Forecast Models
Chorus Aviation's time-series forecasting models are one of many Chorus Aviation'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 Chorus Aviation'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 Chorus Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Chorus Aviation 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 Chorus 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 Chorus Aviation. By using and applying Chorus Stock analysis, traders can create a robust methodology for identifying Chorus entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | 0.10 | 0.05 | |
Operating Profit Margin | 0.16 | 0.16 | |
Net Profit Margin | 0.06 | 0.06 | |
Gross Profit Margin | 0.26 | 0.32 |
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Other Information on Investing in Chorus Stock
Chorus Aviation financial ratios help investors to determine whether Chorus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Chorus with respect to the benefits of owning Chorus Aviation security.