Our research team consists of equity analysts with a public, market-beating track record. However, does this price actually reflect the true value of the small-cap? . Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Is there another opportunity to buy low in the future? Thank you for reading. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. In a latest note to investors, a research analyst has provided a rating update for the Services sector company, Chorus Aviation (TSX: CHR). Price is just the tip of the iceberg. ACN 600 056 611, Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. Chorus Aviation Got Some Good News By Austin Angelo . However, there are also other important factors which we haven’t considered today, such as the track record of its management team. ... Good luck to everyone personally I will be selling maybe a quarter of my position on monday to secure some profit and possibly buy back in if it dips. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into … Chorus Aviation seems fairly priced right now, but given the uncertainty from negative returns in the future, this could be the right time to reduce the risk in your portfolio. You can find everything you need to know about Chorus Aviation in the latest infographic research report. Chorus Aviation Inc. (TSE:CHR), which is in the airlines business, and is based in Canada, maintained its current share price over the past couple of month on the TSX, with a relatively tight range of CA$7.70 to CA$8.40. However, there are also other important factors we haven’t considered today, which can help gel your views on Chorus Aviation should the price fluctuate below its true value. With profit expected to grow by 71% over the next couple of years, the future seems bright for Chorus Aviation. Since Chorus Aviation’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. Check out our latest analysis for Chorus Aviation. Potential Chorus Aviation buyout CHR. Chorus Aviation Inc (TSX:CHR), a airlines company based in Canada, saw a double-digit share price rise of over 10% in the past couple of months on the TSX. Will you have enough conviction to buy should the price fluctuates below the true value? And if you believe the company’s true value is CA$7.95, then there isn’t really any room for the share price grow beyond what it’s currently trading. Price is just the tip of the iceberg. However, the positive outlook is encouraging for the company, which means it’s worth further examining other factors such as the strength of its balance sheet, in order to take advantage of the next price drop. However, Chorus warned that ther Wed, October 28, 2020 Before you make a decision on the stock, take a look at whether its fundamentals have changed. The company received a Buy today from TD Securities’ analyst Tim James, with a C$10 price target. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Or is it currently undervalued, providing us with the opportunity to buy? According to my valuation model, Chorus Aviation seems to be fairly priced at around 1.52% above my intrinsic value, which means if you buy Chorus Aviation today, you’d be paying a relatively fair price for it. With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. Dig deeper into what truly matters – the fundamentals – before you make a decision on Chorus Aviation. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. The stock appears to be trading at fair value, which means there’s less benefit from mispricing. Price Target Upside/Downside Is your current exposure to the stock optimal for your total portfolio? Chorus Aviation is a buy, says Arrow Capital’s Ruus. Although value investors would argue that it’s the intrinsic value relative to the price that matter the most, a more compelling investment thesis would be high growth potential at a cheap price. Chorus Aviation Stock Quote, Chart, News TSX:CHR, Chorus Aviation is an overlooked airline play, Paradigm Capital says, Chorus Aviation has a great business model, this investor says, Hold onto Chorus Aviation for the dividend, this portfolio manager says, WELL Health Technologies keeps $10.50 price target at Laurentian Bank Securities, Photon Control gets new $3.00 target at Paradigm Capital, Nuvei is a fintech stock to watch, National Bank Financial says, PI Financial launches coverage of MediaValet with a “Buy” rating, Shopify is an overvalued stock, this fund manager says, Thoughtexchange Closes Final Tranche of $34M Series B to Accelerate Growth of Voice Platform, CHTF2020 to Kick Off Featuring “3 Highlights” and “5 Trends”, Miner, A Leading National Dock & Door Provider, Expands to 3 Mid-Atlantic States, Options Appoints Former Scotiabank Executive Robert Strawbridge to Head Operations in Canada, Blackline Safety Appoints Women in Technology Hall of Famer, Cheemin Bo-Linn, to its Board of Directors, Harvest Health gets bullish new price target from Stifel, PI trims price target on Absolute Software, keeps “Buy” rating, H2O Innovation gets price target raise at Haywood. 24 Kippax St, Sydney If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. Are you a potential investor? If you are no longer interested in Chorus Aviation, you can use our free platform to see my list of over 50 other stocks with a high growth potential. Learn more about, Check out our latest analysis for Chorus Aviation, 50 other stocks with a high growth potential, Click here to see them for FREE on Simply Wall St. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings. See our latest analysis for Chorus Aviation. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation. DISCUSSION. In addition to this, the negative growth outlook increases the risk of holding the stock. The aviation holding company has received a third-party acquisition proposal, it announced in a statement on Friday. Are you a potential investor? ACN 600 056 611, Simply Wall St is a financial technology startup focused on providing unbiased, high-quality research coverage on every listed company in the world. Simply Wall Street Pty Ltd But you may want to consider Chorus Aviation (Chorus Aviation Stock ... and I think that they’ve got a good team to build that business Let’s take a look at Chorus Aviation’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. CHR’s optimistic future growth appears to have been factored into the current share price, with shares trading around its fair value. Dig deeper into what truly matters – the fundamentals – before you make a decision on Chorus Aviation. Learn more about, 50 other stocks with a high growth potential. Our research team consists of equity analysts with a public, market-beating track record. You can find everything you need to know about Chorus Aviation in the latest infographic research report. Let’s examine Chorus Aviation’s valuation and outlook in more detail to determine if there’s still a bargain opportunity. If you are no longer interested in Chorus Aviation, you can use our free platform to see my list of over 50 other stocks with a high growth potential. If you’ve been keeping tabs on Chorus Aviation for a while, now may not be the most advantageous time to buy, given it is trading around its fair value. This article by Simply Wall St is general in nature. Your email address will not be published. Are you a shareholder? And is the opportunity cost of holding a negative-outlook stock too high? Dividend paying stocks like Chorus Aviation Inc. tend to be popular with investors, and for good reason - some research suggests a significant amount of all stock market returns come from reinvested dividends.Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. Since Chorus Aviation’s share price is quite volatile, we could potentially see it sink lower (or rise higher) in the future, giving us another chance to buy. Simply Wall St has no position in the stocks mentioned.We aim to bring you long-term focused research analysis driven by fundamental data. Simply Wall Street Pty Ltd Chorus Aviation has received a consensus rating of Buy. However, could the stock still be trading at a relatively cheap price? Have these factors changed since the last time you looked at the stock? Are you a shareholder? 24 Kippax St, Sydney Chorus Aviation Inc (TSX:CHR), a airlines company based in Canada, saw a double-digit share price rise of over 10% in the past couple of months on the TSX. If you’ve been keeping an eye on CHR, now may not be the most advantageous time to buy, given it is trading around its fair value.