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The Bank of New York Mellon Corporation (NYSE: BK) – Is this large market cap stock undervalued?

The Bank of New York Mellon Corporation (NYSE: BK), is firmly in the large market cap category with market cap of 43614.53. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for The Bank of New York Mellon Corporation is 40.53 (with a change from open of 0.78%), this in conjunction with a target price of 44.33. Volume today has so far reached 1550974, with an average volume of about 4749.85. The GAP for this stock, is 0.40%.

The P/E ratio is 14.34, bringing the forward P/E to a value of 11.98. The current EPS for The Bank of New York Mellon Corporation, is 2.79, with a EPS growth for this year coming to a value of 25.60%. Performance has been interesting with performance year to date coming to -1.46%.

Looking further into the growth statistics for The Bank of New York Mellon Corporation, EPS is looking like it will grow 10.22% in the next year. Looking even further it is projected to be 10.00%. Quarter over quarter is -46.60% for EPS growth and for sales growth quarter over quarter it is -46.20%. Looking at past EPS growth statistics we see that for the past five years it has been 5.10%. Sales growth for the past five years has in fact been -0.80%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 83.90%. Shares outstanding is 1088.73, while shares float is at a value of 1059.64. Float short for The Bank of New York Mellon Corporation is 0.78% and the short ratio is 1.74.

In terms of debt, long term debt/equity is 0.65, while the total debt/equity comes to 0.65. The ability to meet these debts, means that the current ratio is , and the quick ratio is . The most recent gross margin is and their operating margin is 83.80%. The profit margin is 88.40%.

The Bank of New York Mellon Corporation has seen returns on assets of 0.80%, and on investment, 3.20%. Return on equity is 8.50%. Price/Earnings to growth ratio is 1.43. Price/Sales ratio is at a value of 12.66, with Price/book ratio coming to 1.19 and Price/cash is 0.3, and finally Price/Free cash Flow is 27.78.

The simple moving averages are 1.11% and 4.74% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -8.12% and the 52 week low is 27.02%.

The Bank of New York Mellon Corporation has a dividend yield of 1.90%, with a current price of 40.53. The ability to pay this means the payout ratio is 24.20%. This is in an industry, Asset Management, with equally high dividends from other companies in this sector, which it is Financial. The Bank of New York Mellon Corporation is based in USA.

Performance in the Asset Management industry means that The Bank of New York Mellon Corporation has seen performance for the past week of -2.13%, with performance for the month coming to -0.37%. Looking at the data for the quarter it is at a value of 0.48%, and for the half year the performance is 2.43%. Volatility for this week is 1.68% and for the month this is 1.36%.

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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