On Tuesday, Bank Of Nova Scotia (NYSE: BNS) opened higher 7.14% from the last session, before settling in for the closing price of $57.32. Price fluctuations for BNS have ranged from $44.09 to $57.70 over the past 52 weeks.
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Financial Sector giant saw their annual sales slid by -2.89% over the last five years. Company’s average yearly earnings per share was noted 8.62% at the time writing. With a float of $1.24 billion, this company’s outstanding shares have now reached $1.25 billion.
Bank Of Nova Scotia (BNS) Insider Activity
A key investor’s attitude towards the stock of the Banks – Diversified industry is another important factor to consider. The insider ownership of Bank Of Nova Scotia is 0.06%, while institutional ownership is 50.46%. The most recent insider transaction that took place on Feb 05 ’25, was worth 892,500. In this transaction Director of this company bought 50,000 shares at a rate of $17.85, taking the stock ownership to the 162,983,726 shares.
Bank Of Nova Scotia (BNS) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 10/31/2024, the company posted 1.57 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.6) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.89 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.29% during the next five years compared to -2.89% drop over the previous five years of trading.
Bank Of Nova Scotia (NYSE: BNS) Trading Performance Indicators
Check out the current performance indicators for Bank Of Nova Scotia (BNS). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44. Likewise, its price to free cash flow for the trailing twelve months is 68.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.43, a number that is poised to hit 1.30 in the next quarter and is forecasted to reach 5.66 in one year’s time.
Technical Analysis of Bank Of Nova Scotia (BNS)
Analysing the last 5-days average volume posted by the [Bank Of Nova Scotia, BNS], we can find that recorded value of 2.46 million was better than the volume posted last year of 1.99 million. As of the previous 9 days, the stock’s Stochastic %D was 88.73%.
During the past 100 days, Bank Of Nova Scotia’s (BNS) raw stochastic average was set at 99.65%, which indicates a significant increase from 98.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.55 in the past 14 days, which was lower than the 0.62 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $55.73, while its 200-day Moving Average is $52.47. Now, the first resistance to watch is $62.33. This is followed by the second major resistance level at $63.25. The third major resistance level sits at $65.03. If the price goes on to break the first support level at $59.63, it is likely to go to the next support level at $57.85. Should the price break the second support level, the third support level stands at $56.93.
Bank Of Nova Scotia (NYSE: BNS) Key Stats
There are currently 1,242,460K shares outstanding in the company with a market cap of 76.49 billion. Presently, the company’s annual sales total 55,894 M according to its annual income of 5,700 M. Last quarter, the company’s sales amounted to 12,737 M and its income totaled 1,391 M.
