Stock Updates

Morning Watch List: 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 0.75% today. In the last week its performance is -5.53%, and -7.20% for the past quarter. Currently, Bank of America Corporation, BAC has a target price of 26.05, so today’s gain of 0.75% is a significant step towards its target price. The GAP today is therefore 0.18%.

Bank of America Corporation (NYSE:BAC), has a market cap of 226.97 B, and is based in USA. Insider ownership is at 0.10%, and institutional ownership is 69.50%.

At the current price of 22.74, it has a dividend yield of 1.32%, and its target price is 26.05. 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 14.03, as well as a forward P/E of 10.63.

With a current EPS of 1.62, and a forecasted EPS growth for next year at 17.14%,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 10.49%.

Performance for the year is 57.10%. Since its IPO date on 5/29/1986, the total performance to date is 3.21%.

Volume today for Bank of America Corporation (NYSE:BAC), is 108128388, while its average volume is 91162.81. Whilst the total gain today was 0.75%, it did have a day high of -11.76%.

Volatility for this week has been at 1.86%, and 1.75% for the month. The 52-week low for Bank of America Corporation, BAC has been 90.88%, while the 52-week-high has reached -11.86%.

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 1.34, and the P/S is 4.39, along with a P/B of 0.95. Meanwhile it has a p/cash of 0.35.

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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