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Bank of America Corporation (NYSE: BAC) – Is this large market cap stock undervalued?

Bank of America Corporation (NYSE: BAC), is firmly in the large market cap category with market cap of 164495.7. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Bank of America Corporation is 15.76 (with a change from open of -0.60%), this in conjunction with a target price of 17.48. Volume today has so far reached 47688752, with an average volume of about 82212.79. The GAP for this stock, is -1.12%.

The P/E ratio is 13.98, bringing the forward P/E to a value of 10.42. The current EPS for Bank of America Corporation, is 1.15, with a EPS growth for this year coming to a value of 258.80%. Performance has been interesting with performance year to date coming to -3.62%.

Looking further into the growth statistics for Bank of America Corporation, EPS is looking like it will grow 18.38% in the next year. Looking even further it is projected to be 7.38%. Quarter over quarter is -17.80% for EPS growth and for sales growth quarter over quarter it is -11.00%. Looking at past EPS growth statistics we see that for the past five years it has been 40.60%. Sales growth for the past five years has in fact been -8.00%.

Looking at the ownership, we see that the insider ownership is at 0.06% and institutional ownership is 63.00%. Shares outstanding is 10261.74, while shares float is at a value of 10195.83. Float short for Bank of America Corporation is 0.92% and the short ratio is 1.15.

In terms of debt, long term debt/equity is 0.88, while the total debt/equity comes to 1.82. The ability to meet these debts, means that the current ratio is *TBA, and the quick ratio is *TBA. The most recent gross margin is *TBA and their operating margin is 71.00%. The profit margin is 26.10%.

Bank of America Corporation has seen returns on assets of 0.60%, and on investment, 4.40%. Return on equity is 5.30%. Price/Earnings to growth ratio is 1.89. Price/Sales ratio is at a value of 3.42, with Price/book ratio coming to 0.68 and Price/cash is 0.26, and finally Price/Free cash Flow is *TBA.

The simple moving averages are 1.65% and 11.08% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -11.62% and the 52 week low is 45.06%.

Bank of America Corporation has a dividend yield of 1.87%, with a current price of 15.76. The ability to pay this means the payout ratio is 16.50%. This is in an industry, Money Center Banks, with equally high dividends from other companies in this sector, which it is Financial. Bank of America Corporation is based in USA.

Performance in the Money Center Banks industry means that Bank of America Corporation has seen performance for the past week of -0.50%, with performance for the month coming to 1.97%. Looking at the data for the quarter it is at a value of 17.98%, and for the half year the performance is 4.81%. Volatility for this week is 1.52% and for the month this is 1.92%.

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.

About the author

Mark Hines

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