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A look at a High Market Cap Stock: Bank of America Corporation, BAC

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, BAC  has a market cap of 165521.86. Since its IPO date on the 5/29/1986, Bank of America Corporation, BAC performance year to date is -3.02%. Today Bank of America Corporation, BAC has gained -0.55%, with a current price of 16.13.

Ownership of the company is 0.06% for insider ownership while institutional ownership is 63.00%. The management of the company have seen the company have a payout ratio of 16.50%. Return of assets are at 0.60%, with return on investment at 4.40%.

In terms of debt levels and profit levels, Bank of America Corporation, BAC is seeing a long-term debt/equity of 0.88. While Total debt/equity is 1.82. With a profit margin of 26.10%, this is combined with a gross margin of *TBA, and operating margin of 71.00%. 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 258.80%. A performance for the year of 3.92%. The 52-week high is -9.52%, and the 52-week low is 48.52%. The average volume for Bank of America Corporation, BAC is 99285000.

With a target price of 17.48, 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 14.06 and a forward P/E of 10.48. Perhaps the more useful indicator than P/E, is PEG which has a value of 1.9. Bank of America Corporation also has a P/S and a P/B of 3.44 and 0.68 respectively. For P/cash, Bank of America Corporation has a value of 0.27, while it is *TBA for P/free cash flow.

At the current price of 16.13, Bank of America Corporation has a dividend yield of 1.86%. We see a return on equity of 5.30%.

Looking more long-term Bank of America Corporation, is projected to get an EPS growth for the next five years of 7.38%. In the short-term an EPS growth of 18.38% in the next year is forecasted. This is after a EPS growth of 258.80% for this year and for the last five years a 40.60% 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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Stephen Butters

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