Bank Of New York Mellon Corp (NYSE: BK) started the day on Thursday, with a price increase of 0.38% at $78.35, before settling in for the price of $78.05 at the close. Taking a more long-term approach, BK posted a 52-week range of $51.35-$82.72.
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It was noted that the giant of the Financial sector posted annual sales growth of 15.58% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -0.85%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 44.50%. This publicly-traded company’s shares outstanding now amounts to $727.08 million, simultaneously with a float of $725.04 million. The organization now has a market capitalization sitting at $56.97 billion. At the time of writing, stock’s 50-day Moving Average stood at $78.19, while the 200-day Moving Average is $66.21.
Bank Of New York Mellon Corp (BK) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Banks – Diversified Industry. Bank Of New York Mellon Corp’s current insider ownership accounts for 0.28%, in contrast to 86.88% institutional ownership. According to the most recent insider trade that took place on Oct 15 ’24, this organization’s SEVP & General Counsel sold 25,000 shares at the rate of 76.31, making the entire transaction reach 1,907,872 in total value, affecting insider ownership by 75,404. Preceding that transaction, on Oct 15 ’24, Company’s Sr. Exec. Vice President sold 16,475 for 76.47, making the whole transaction’s value amount to 1,259,869. This particular insider is now the holder of 157,455 in total.
Bank Of New York Mellon Corp (BK) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.42 per share during the current fiscal year.
Bank Of New York Mellon Corp’s EPS increase for this current 12-month fiscal period is 44.50% and is forecasted to reach 6.54 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.20% through the next 5 years, which can be compared against the -0.85% growth it accomplished over the previous five years trading on the market.
Bank Of New York Mellon Corp (NYSE: BK) Trading Performance Indicators
Let’s observe the current performance indicators for Bank Of New York Mellon Corp (BK). The Stock has managed to achieve an average true range (ATR) of 1.34. Alongside those numbers, its PE Ratio stands at $17.04, and its Beta score is 1.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.46.
In the same vein, BK’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.60, a figure that is expected to reach 1.51 in the next quarter, and analysts are predicting that it will be 6.54 at the market close of one year from today.
Technical Analysis of Bank Of New York Mellon Corp (BK)
If we take a close look at the recent performances of Bank Of New York Mellon Corp (NYSE: BK), its last 5-days Average volume was 4.95 million that shows progress from its year to date volume of 3.85 million. During the previous 9 days, stock’s Stochastic %D was recorded 54.99% While, its Average True Range was 1.34.
Raw Stochastic average of Bank Of New York Mellon Corp (BK) in the period of the previous 100 days is set at 79.65%, which indicates a major rise in contrast to 43.49% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 18.23% that was higher than 17.10% volatility it exhibited in the past 100-days period.
