Stock Updates

Morning Trending Tickers: Bank of America Corporation, (BAC)

Friday February 24th 2017: Bank of America Corporation, BAC is in the exchange NYSE and its industry is Money Center Banks in the sector of Financial. Based in USA, Bank of America Corporation, BACĀ  has a market cap of 245.02 B. Since its IPO date on the 5/29/1986, Bank of America Corporation, BAC performance year to date is 9.55%. Today Bank of America Corporation, BAC has gained 0.17%, with a current price of 24.25.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 67.90%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at *TBA, with return on investment at 4.60%.

In terms of debt levels and profit levels, Bank of America Corporation, BAC is seeing a long-term debt/equity of 0.78. While Total debt/equity is 1.86. With a profit margin of *TBA, this is combined with a gross margin of *TBA, and operating margin of *TBA. Bank of America Corporation ability to meet debt levels, with a current ratio of *TBA, while the quick ratio is *TBA.

For the last year Bank of America Corporation, BAC has seen a EPS growth of 14.90%. A performance for the year of 77.36%. The 52-week high is -6.01%, and the 52-week low is 79.36%. The average volume for Bank of America Corporation, BAC is 231480.

With a target price of 26.39, can Bank of America Corporation, BAC reach this target? Looking at the value indicators of Bank of America Corporation, BAC. Bank of America Corporation has a P/E of 14.94 and a forward P/E of 11.24. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.24. Bank of America Corporation also has a P/S and a P/B of 4.73 and 1.01 respectively. For P/cash, Bank of America Corporation has a value of 0.38, while it is *TBA for P/free cash flow.

At the current price of 24.25, Bank of America Corporation has a dividend yield of 1.24%. We see a return on equity of *TBA.

Looking more long-term Bank of America Corporation, is projected to get an EPS growth for the next five years of 12.08%. In the short-term an EPS growth of 21.50% in the next year is forecasted. This is after a EPS growth of 14.90% for this year and for the last five years a 182.40% growth has been seen.

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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Peter Clarke

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