There Is Clear Momentum For Canadian Imperial Bank Of Commerce (NYSE: CM)

Canadian Imperial Bank Of Commerce (CM) concluded trading on Wednesday at a closing price of $70.19, with 7.08 million shares of worth about $497.25 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.05% during that period and on June 25, 2025 the price saw a loss of about -0.09%. Currently the company’s common shares owned by public are about 934.23M shares, out of which, 885.45M shares are available for trading.

Stock saw a price change of 2.32% in past 5 days and over the past one month there was a price change of 2.98%. Year-to-date (YTD), CM shares are showing a performance of 47.89% which increased to 11.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $47.11 but also hit the highest price of $70.86 during that period. The average intraday trading volume for Canadian Imperial Bank Of Commerce shares is 1.16 million. The stock is currently trading 2.40% above its 20-day simple moving average (SMA20), while that difference is up 7.39% for SMA50 and it goes to 12.23% higher than SMA200.

Canadian Imperial Bank Of Commerce (NYSE: CM) currently have 934.23M outstanding shares and institutions hold larger chunk of about 51.17% of that.

The stock has a current market capitalization of $65.57B and its 3Y-monthly beta is at 1.08. PE ratio of stock for trailing 12 months is 12.32, while it has posted earnings per share of $5.70 in the same period. Its PEG reads 1.39 while making debt-to-equity ratio of 2.75. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CM, volatility over the week remained 0.51% while standing at 0.57% over the month.

Stock’s fiscal year EPS is expected to rise by 13.26% while it is estimated to increase by 5.42% in next year. EPS is likely to grow at an annualized rate of 8.88% for next 5-years, compared to annual growth of 4.88% made by the stock over the past 5-years.

Stock get a Buy rating from BofA Securities on August 30, 2024.

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