Bank Of New York Mellon Corp (NYSE: BK) kicked off on Monday, down -0.59% from the previous trading day, before settling in for the closing price of $77.57. Over the past 52 weeks, BK has traded in a range of $51.79-$82.72.
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Financial Sector giant saw their annual sales surged by 15.58% over the last five years. While this was happening, its average annual earnings per share was recorded 44.50%. With a float of $725.04 million, this company’s outstanding shares have now reached $727.08 million.
The firm has a total of 53400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 99.47%, operating margin of 25.73%, and the pretax margin is 26.37%.
Bank Of New York Mellon Corp (BK) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Banks – Diversified Industry. The insider ownership of Bank Of New York Mellon Corp is 0.28%, while institutional ownership is 86.88%. The most recent insider transaction that took place on Oct 15 ’24, was worth 1,907,872. In this transaction SEVP & General Counsel of this company sold 25,000 shares at a rate of $76.31, taking the stock ownership to the 75,404 shares. Before that another transaction happened on Oct 15 ’24, when Company’s Sr. Exec. Vice President sold 16,475 for $76.47, making the entire transaction worth $1,259,869. This insider now owns 157,455 shares in total.
Bank Of New York Mellon Corp (BK) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.20% during the next five years compared to -0.85% drop over the previous five years of trading.
Bank Of New York Mellon Corp (NYSE: BK) Trading Performance Indicators
Take a look at Bank Of New York Mellon Corp’s (BK) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.60, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 6.54 in one year’s time.
Technical Analysis of Bank Of New York Mellon Corp (BK)
Analysing the last 5-days average volume posted by the [Bank Of New York Mellon Corp, BK], we can find that recorded value of 1.97 million was lower than the volume posted last year of 3.84 million. As of the previous 9 days, the stock’s Stochastic %D was 48.39%. Additionally, its Average True Range was 1.34.
During the past 100 days, Bank Of New York Mellon Corp’s (BK) raw stochastic average was set at 73.08%, which indicates a significant increase from 24.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.99% in the past 14 days, which was higher than the 17.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $78.18, while its 200-day Moving Average is $66.43. Now, the first resistance to watch is $77.54. This is followed by the second major resistance level at $77.97. The third major resistance level sits at $78.63. If the price goes on to break the first support level at $76.45, it is likely to go to the next support level at $75.79. Should the price break the second support level, the third support level stands at $75.36.
Bank Of New York Mellon Corp (NYSE: BK) Key Stats
The company with the Market Capitalisation of 56.07 billion has total of 727,078K Shares Outstanding. Its annual sales at the moment are 33,805 M in contrast with the sum of 3,286 M annual income. Company’s last quarter sales were recorded 10,252 M and last quarter income was 1,182 M.
