On Tuesday, Bank Of America Corp (NYSE: BAC) opened lower -6.34% from the last session, before settling in for the closing price of $45.56. Price fluctuations for BAC have ranged from $34.15 to $48.08 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 13.55%. Company’s average yearly earnings per share was noted 15.59% at the time writing. With a float of $7.59 billion, this company’s outstanding shares have now reached $7.61 billion.
Considering the fact that the conglomerate employs 213000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.0%, operating margin of 28.71%, and the pretax margin is 28.71%.
Bank Of America Corp (BAC) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Banks – Diversified industry is another important factor to consider. The insider ownership of Bank Of America Corp is 0.19%, while institutional ownership is 74.84%. The most recent insider transaction that took place on Feb 26 ’25, was worth 73. In this transaction 10% Owner of this company bought 8 shares at a rate of $9.19, taking the stock ownership to the 8 shares. Before that another transaction happened on Feb 26 ’25, when Company’s 10% Owner sold 8 for $9.06, making the entire transaction worth $72. This insider now owns 0 shares in total.
Bank Of America Corp (BAC) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.91% during the next five years compared to 3.14% growth over the previous five years of trading.
Bank Of America Corp (NYSE: BAC) Trading Performance Indicators
Check out the current performance indicators for Bank Of America Corp (BAC). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.63. Likewise, its price to free cash flow for the trailing twelve months is 7.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.21, a number that is poised to hit 0.82 in the next quarter and is forecasted to reach 4.38 in one year’s time.
Technical Analysis of Bank Of America Corp (BAC)
Compared to the last year’s volume of 36.95 million, its volume of 49.71 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 52.51%. Additionally, its Average True Range was 1.22.
During the past 100 days, Bank Of America Corp’s (BAC) raw stochastic average was set at 35.29%, which indicates a significant increase from 12.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.96% in the past 14 days, which was higher than the 25.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.59, while its 200-day Moving Average is $42.44. Nevertheless, the first resistance level for the watch stands at $44.33 in the near term. At $45.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $47.14. If the price goes on to break the first support level at $41.52, it is likely to go to the next support level at $40.37. Now, if the price goes above the second support level, the third support stands at $38.71.
Bank Of America Corp (NYSE: BAC) Key Stats
There are currently 7,604,677K shares outstanding in the company with a market cap of 324.49 billion. Presently, the company’s annual sales total 192,434 M according to its annual income of 27,132 M. Last quarter, the company’s sales amounted to 46,965 M and its income totaled 6,665 M.
