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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 96241.22, and so far today it has a volume of 66763600. Performance year to date since the 5/29/1986 is -20.94%.

To help you determine whether Bank of America Corporation is undervalued the following values will help you decide. P/E is 10.83 and forward P/E is 8.55. PEG perhaps more useful shows that Bank of America Corporation has a value for PEG of 1.47. P/S ratio is 2.76 and the P/B ratio is 0.57. The P/Cash and P/Free cash flow is 0.21 and *TBA respectively.

At the current price Bank of America Corporation is trading at, 13.21 (0.30% today), Bank of America Corporation has a dividend yield of 1.51%, and this is covered by a payout ratio of 15.30%. Earnings per share (EPS) is 1.22, and this is looking to grow in the next year to 21.27% after growing 258.80% this past year. EPS growth quarter over quarter is -17.20%, and -1.90% for sales growth quarter over quarter.

The number of shares outstanding is 10339.73, and the number of shares float is 10262.91. The senior management bring insider ownership to 0.06%, and institutional ownership is at 63.40%. The float short is 0.76%, with the short ratio at a value of 0.81. 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 0.85 and total debt/equity is 1.9. In terms of margins, Bank of America Corporation has a gross margin of *TBA, with its operating margin at 71.80%, and Bank of America Corporation has a profit margin of 27.60%.

The 52 week high is -27.57%, with 21.07% being its 52 week low. The 20 day simple moving average is -5.20% and the 200 day simple moving average is -10.31%.

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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