Stock Updates

Today’s Top Gainers in the Market Bank of America Corporation (NYSE:BAC) from Financial

Today’s top gainers include the company Bank of America Corporation (NYSE:BAC) which is in the industry Money Center Banks, gaining 1.05% today. In the last week its performance is 4.29%, and 20.94% for the past quarter. Currently, Bank of America Corporation, BAC has a target price of 17.48, so today’s gain of 1.05% is a significant step towards its target price. The GAP today is therefore 0.56%.

Bank of America Corporation (NYSE:BAC), has a market cap of 167266.35, and is based in USA. Insider ownership is at 0.06%, and institutional ownership is 63.00%.

At the current price of 16.3, it has a dividend yield of 1.84%, and its target price is 17.48. This is with a profit margin of 26.10%, and total debt/equity of 1.82. Bank of America Corporation (NYSE:BAC) has a P/E of 14.21, as well as a forward P/E of 10.59.

With a current EPS of 1.15, and a forecasted EPS growth for next year at 18.38%,Bank of America Corporation (NYSE:BAC) has had a EPS growth for the past five years at 40.60%. For the next five years EPS growth is projected to be 7.38%.

Performance for the year is 6.16%. Since its IPO date on 5/29/1986, the total performance to date is -2.00%.

Volume today for Bank of America Corporation (NYSE:BAC), is 63188400, while its average volume is 82428.46. Whilst the total gain today was 1.05%, it did have a day high of 0.31%.

Volatility for this week has been at 1.67%, and 2.00% for the month. The 52-week low for Bank of America Corporation, BAC has been 50.08%, while the 52-week-high has reached -8.57%.

Looking at its return of investments, which is 4.40%, and its return on assets is 0.60%. Bank of America Corporation (NYSE:BAC) has an operating margin of 71.00%. With a sales growth of -11.00% quarter over quarter. Bearing in mind that Bank of America Corporation, BAC is in the sector Financial, its long-term debt/equity is 0.88, 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 1.92, and the P/S is 3.48, along with a P/B of 0.69. Meanwhile it has a p/cash of 0.27.

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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