Bank Of Nova Scotia [BNS] stock is trading at $47.21, down -0.78%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BNS shares have lost -1.95% over the last week, with a monthly amount drifted -7.38%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bank Of Nova Scotia [NYSE: BNS] stock has seen the most recent analyst activity on February 18, 2025, when CIBC downgraded its rating to a Neutral. Previously, Barclays upgraded its rating to Equal Weight on November 21, 2024. On November 19, 2024, upgrade upgraded it’s rating to Buy. BofA Securities upgraded its rating to a Buy. UBS upgraded its rating to a Buy. TD Securities upgraded its rating to Buy for this stock on November 04, 2024. In a note dated July 02, 2024, UBS initiated an Neutral rating.
Bank Of Nova Scotia [BNS] stock has fluctuated between $43.67 and $57.07 over the past year. Currently, Wall Street analysts expect the stock to reach $74 within the next 12 months. Bank Of Nova Scotia [NYSE: BNS] shares were valued at $47.21 at the most recent close of the market. An investor can expect a potential return of 56.75% based on the average BNS price forecast.
Analyzing the BNS fundamentals
Bank Of Nova Scotia [NYSE:BNS] reported sales of 54.41B for the trailing twelve months, which represents a drop of -4.94%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.08 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 46.94 points at the first support level, and at 46.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.58, and for the 2nd resistance point, it is at 47.95.
Ratios To Look Out For
For context, Bank Of Nova Scotia’s Current Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 1.08, the price to book ratio is 1.14 and price to earnings (TTM) ratio is 13.31.
Transactions by insiders
Recent insider trading involved BANK OF NOVA SCOTIA, Director, that happened on Feb 05 ’25 when 50000.0 shares were purchased.
