Stock Updates

Dominating the Market Today: Bank of America Corporation (BAC)

Today’s top gainers include the company Bank of America Corporation (NYSE:BAC) which is in the industry Money Center Banks, gaining 0.25% today. In the last week its performance is 2.48%, and -6.66% for the past quarter. Currently, Bank of America Corporation, BAC has a target price of 26.13, so today’s gain of 0.25% is a significant step towards its target price. The GAP today is therefore 0.08%.

Bank of America Corporation (NYSE:BAC), has a market cap of 237.74 B, and is based in USA. Insider ownership is at 0.10%, and institutional ownership is 67.80%.

At the current price of 23.6, it has a dividend yield of 1.27%, and its target price is 26.13. This is with a profit margin of *TBA, and total debt/equity of 1.86. Bank of America Corporation (NYSE:BAC) has a P/E of 14.52, as well as a forward P/E of 10.95.

With a current EPS of 1.62, and a forecasted EPS growth for next year at 18.65%,Bank of America Corporation (NYSE:BAC) has had a EPS growth for the past five years at 182.40%. For the next five years EPS growth is projected to be 10.94%.

Performance for the year is 76.46%. Since its IPO date on 5/29/1986, the total performance to date is 6.52%.

Volume today for Bank of America Corporation (NYSE:BAC), is 166920, while its average volume is 88802.54. Whilst the total gain today was 0.25%, it did have a day high of -3.08%.

Volatility for this week has been at 2.12%, and 2.04% for the month. The 52-week low for Bank of America Corporation, BAC has been 95.85%, while the 52-week-high has reached -8.53%.

Looking at its return of investments, which is 4.60%, and its return on assets is *TBA. Bank of America Corporation (NYSE:BAC) has an operating margin of *TBA. With a sales growth of 5.40% quarter over quarter. Bearing in mind that Bank of America Corporation, BAC is in the sector Financial, its long-term debt/equity is 0.78, and has a current ratio of *TBA and *TBA for quick ratio.

So what is the value of Bank of America Corporation? Well its PEG is 1.33, and the P/S is 4.59, along with a P/B of 0.98. Meanwhile it has a p/cash of 0.37.

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.

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Tony Dabbs

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