- The TMX Group reported an average daily volume of 532.0 million shares in January.
- There were an average of 1.06 million daily transactions during the same month.
- Analyst ratings for TMX Group include 2 “buy” recommendations.
- There are 6 analysts recommending TMX Group as a “hold”.
- Currently, there are no “sell” recommendations from analysts for TMX Group.
A look at TMX Group Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, TMX Group Ltd‘s overall outlook appears positive. The company received a high score in Momentum, indicating strong positive momentum in its operations. This suggests that TMX Group Ltd is experiencing growth and upward movement in the market. Moreover, the company scored well in Value, Dividend, and Growth, showcasing stability, potential for dividend payouts, and overall value in its operations. However, TMX Group Ltd scored lower in Resilience, indicating some vulnerability to external factors.
TMX Group Ltd is an integrated exchange group that operates markets for various asset classes. The company facilitates liquid markets for a wide range of issuers, offers capital access for early-stage companies, and manages trading and clearing of natural gas and electricity contracts. With a balanced combination of positive scores in key areas, TMX Group Ltd seems positioned for long-term growth and value creation in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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