Bank Of America Corp (NYSE: BAC) kicked off on Monday, up 3.46% from the previous trading day, before settling in for the closing price of $34.39. Over the past 52 weeks, BAC has traded in a range of $33.67-$48.08.
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During the last 5-year period, the sales growth of Financial Sector giant was 13.55%. While this was happening, its average annual earnings per share was recorded 13.88%. With a float of $7.59 billion, this company’s outstanding shares have now reached $7.61 billion.
Let’s determine the extent of company efficiency that accounts for 213000 employees. 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
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 America Corp is 0.20%, while institutional ownership is 74.85%. The most recent insider transaction that took place on Mar 14 ’25, was worth 100,813. In this transaction 10% Owner of this company bought 8,100 shares at a rate of $12.45, taking the stock ownership to the 8,100 shares. Before that another transaction happened on Mar 14 ’25, when Company’s 10% Owner sold 8,100 for $12.30, making the entire transaction worth $99,670. 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 13.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.26% 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
Take a look at Bank Of America Corp’s (BAC) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.36. Likewise, its price to free cash flow for the trailing twelve months is 6.60.
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 4.31 in one year’s time.
Technical Analysis of Bank Of America Corp (BAC)
Looking closely at Bank Of America Corp (NYSE: BAC), its last 5-days average volume was 82.88 million, which is a jump from its year-to-date volume of 42.16 million. As of the previous 9 days, the stock’s Stochastic %D was 10.09%. Additionally, its Average True Range was 1.63.
During the past 100 days, Bank Of America Corp’s (BAC) raw stochastic average was set at 14.03%, which indicates a significant decrease from 20.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.35% in the past 14 days, which was higher than the 32.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.52, while its 200-day Moving Average is $42.61. However, in the short run, Bank Of America Corp’s stock first resistance to watch stands at $36.96. Second resistance stands at $38.34. The third major resistance level sits at $40.05. If the price goes on to break the first support level at $33.87, it is likely to go to the next support level at $32.16. Now, if the price goes above the second support level, the third support stands at $30.78.
Bank Of America Corp (NYSE: BAC) Key Stats
The company with the Market Capitalisation of 270.57 billion has total of 7,602,798K Shares Outstanding. Its annual sales at the moment are 192,434 M in contrast with the sum of 27,132 M annual income. Company’s last quarter sales were recorded 46,965 M and last quarter income was 6,665 M.
