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Is Bank of America Corporation(NYSE: BAC), a large market cap stock a smart buy?

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 90999.24, and so far today it has a volume of 32380271. Performance year to date since the 5/29/1986 is -13.28%.

To help you determine whether Bank of America Corporation is undervalued the following values will help you decide. P/E is 12.94 and forward P/E is 9.43. PEG perhaps more useful shows that Bank of America Corporation has a value for PEG of 1.75. P/S ratio is 3.14 and the P/B ratio is 0.61. The P/Cash and P/Free cash flow is 0.24 and *TBA respectively.

At the current price Bank of America Corporation is trading at, 14.38 (-0.79% today), Bank of America Corporation has a dividend yield of 1.38%, and this is covered by a payout ratio of 16.70%. Earnings per share (EPS) is 1.12, and this is looking to grow in the next year to 21.89% after growing 258.80% this past year. EPS growth quarter over quarter is -22.30%, and -11.10% for sales growth quarter over quarter.

The number of shares outstanding is 10406.6, and the number of shares float is 10262.72. The senior management bring insider ownership to 0.06%, and institutional ownership is at 63.40%. The float short is 0.75%, with the short ratio at a value of 0.84. 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 0.95 and total debt/equity is 0. In terms of margins, Bank of America Corporation has a gross margin of *TBA, with its operating margin at 71.00%, and Bank of America Corporation has a profit margin of 25.80%.

The 52 week high is -20.36%, with 31.74% being its 52 week low. The 20 day simple moving average is 3.39% and the 200 day simple moving average is -1.73%.

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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Mark Hines

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