With a market cap of has a large market cap size. Bank of America Corporation (NYSE: BAC) has been on the stock market since its IPO date on the 5/29/1986. Bank of America Corporation is in the Money Center Banks industry and Financial sector. Average volume for Bank of America Corporation, is 95106.11, and so far today it has a volume of 40794042. Performance year to date since the 5/29/1986 is -14.66%.
To help you determine whether Bank of America Corporation is undervalued the following values will help you decide. P/E is 11.69 and forward P/E is 9.34. PEG perhaps more useful shows that Bank of America Corporation has a value for PEG of 1.59. P/S ratio is 2.96 and the P/B ratio is 0.62. The P/Cash and P/Free cash flow is 0.23 and *TBA respectively.
At the current price Bank of America Corporation is trading at, 14.38 (0.81% today), Bank of America Corporation has a dividend yield of 1.40%, and this is covered by a payout ratio of 15.30%. Earnings per share (EPS) is 1.22, and this is looking to grow in the next year to 21.77% after growing 258.80% this past year. EPS growth quarter over quarter is -17.20%, and -1.90% for sales growth quarter over quarter.
The number of shares outstanding is 10264.4, and the number of shares float is 10262.9. The senior management bring insider ownership to 0.06%, and institutional ownership is at 63.40%. The float short is 0.77%, with the short ratio at a value of 0.83. Management has seen a return on assets of 0.60%, and also a return on investment of 4.40%.
The ability for Bank of America Corporation, to deal with debt, means it current ratio is *TBA, and quick ratio is *TBA. Long term debt/equity is 0.85 and total debt/equity is 1.9. In terms of margins, Bank of America Corporation has a gross margin of *TBA, with its operating margin at 71.80%, and Bank of America Corporation has a profit margin of 27.60%.
The 52 week high is -21.18%, with 31.74% being its 52 week low. The 20 day simple moving average is 3.84% and the 200 day simple moving average is -1.99%.
Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.