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Canon Inc is a computer hardware business based in the US. Canon shares (CAJ) are listed on the NYSE and all prices are listed in US Dollars.
|52-week range||USD$15.1591 - USD$24.6791|
|50-day moving average||USD$22.0344|
|200-day moving average||USD$18.7951|
|Wall St. target price||USD$23.81|
|Dividend yield||USD$1.408 (6.44%)|
|Earnings per share (TTM)||USD$1.982|
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Canon stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Canon's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Canon's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Canon shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Canon's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.9307. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Canon's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Gross profit TTM||USD$1,375.9 billion|
|Return on assets TTM||1.47%|
|Return on equity TTM||3.38%|
|Market capitalisation||USD$28.6 billion|
TTM: trailing 12 months
There are currently 1.2 million Canon shares held short by investors – that's known as Canon's "short interest". This figure is 20.5% down from 1.6 million last month.
There are a few different ways that this level of interest in shorting Canon shares can be evaluated.
Canon's "short interest ratio" (SIR) is the quantity of Canon shares currently shorted divided by the average quantity of Canon shares traded daily (recently around 389094.32176656). Canon's SIR currently stands at 3.17. In other words for every 100,000 Canon shares traded daily on the market, roughly 3170 shares are currently held short.
However Canon's short interest can also be evaluated against the total number of Canon shares, or, against the total number of tradable Canon shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Canon's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Canon shares in existence, roughly 0 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Canon shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Canon.
Find out more about how you can short Canon stock.
Dividend payout ratio: 101.38% of net profits
Recently Canon has paid out, on average, around 101.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.51% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Canon shareholders could enjoy a 3.51% return on their shares, in the form of dividend payments. In Canon's case, that would currently equate to about $1.408 per share.
Canon's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Canon's most recent dividend payout was on 7 April 2017. The latest dividend was paid out to all shareholders who bought their shares by 29 December 2020 (the "ex-dividend date").
Canon's shares were split on a 3:2 basis on 28 August 2006. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Canon shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Canon shares which in turn could have impacted Canon's share price.
Over the last 12 months, Canon's shares have ranged in value from as little as $15.1591 up to $24.6791. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Canon's is 0.5638. This would suggest that Canon's shares are less volatile than average (for this exchange).
Canon Inc. manufactures and sells office multifunction devices (MFDs), plain paper copying machines, laser and inkjet printers, cameras, diagnostic equipment, and lithography equipment. The company operates through four segments: Office Business Unit, Imaging System Business Unit, Medical System Business Unit, and Industry and Others Business Unit. The Office Business Unit segment offers office MFDs, printers, and copying machines for personal and office use; production print products for print professionals; and laser multifunction and laser printers, digital continuous feed presses, digital sheet-fed presses, wide-format printers, and document solutions, as well as software, services, and solutions. The Imaging System Business Unit segment provides interchangeable-lens digital cameras, digital compact cameras, interchangeable lenses, compact photo printers, inkjet printers, large format inkjet printers, commercial photo printers, image scanners, and calculators. The Medical System Business Unit segment offers digital radiography systems, diagnostic X-ray systems, computed tomography systems, magnetic resonance imaging systems, diagnostic ultrasound systems, clinical chemistry analyzers, and ophthalmic equipment. The Industry and Others Business Unit segment provides semiconductor lithography equipment, flat panel display lithography equipment, vacuum thin-film deposition equipment, organic light-emitting diode panel manufacturing equipment, die bonders, network cameras, digital camcorders, digital cinema cameras, multimedia projectors, broadcast equipment, micromotors, handy terminals, and document scanners. The company also provides maintenance services; and supplies replacement drums, parts, toners, and papers. It sells its products under the Canon brand through subsidiaries or independent distributors to dealers and retail outlets, as well as directly to end-users globally. Canon Inc. was founded in 1933 and is headquartered in Tokyo, Japan.
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