On Monday, Bank Of America Corp (NYSE: BAC) was 2.00% up from the session before settling in for the closing price of $35.95. A 52-week range for BAC has been $33.06 – $48.08.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Financial sector has jumped its sales by 13.55% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 13.47%. With a float of $7.59 billion, this company’s outstanding shares have now reached $7.61 billion.
In an organization with 213000 employees, it is important to assess its efficiency. 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) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bank Of America Corp stocks. The insider ownership of Bank Of America Corp is 0.20%, while institutional ownership is 74.84%. The most recent insider transaction that took place on Apr 09 ’25, was worth 141. In this transaction 10% Owner of this company bought 13 shares at a rate of $10.85, taking the stock ownership to the 13 shares. Before that another transaction happened on Apr 09 ’25, when Company’s 10% Owner sold 13 for $10.89, making the entire transaction worth $142. This insider now owns 0 shares in total.
Bank Of America Corp (BAC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 13.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.07% 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
You can see what Bank Of America Corp (BAC) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.40. Likewise, its price to free cash flow for the trailing twelve months is 6.80.
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 4.30 in one year’s time.
Technical Analysis of Bank Of America Corp (BAC)
Let’s dig in a bit further. During the last 5-days, its volume was 88.25 million. That was better than the volume of 45.45 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 34.72%. Additionally, its Average True Range was 1.88.
During the past 100 days, Bank Of America Corp’s (BAC) raw stochastic average was set at 24.01%, which indicates a significant decrease from 33.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.91% in the past 14 days, which was higher than the 33.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $42.46, while its 200-day Moving Average is $42.52. However, in the short run, Bank Of America Corp’s stock first resistance to watch stands at $37.02. Second resistance stands at $37.36. The third major resistance level sits at $37.74. If the price goes on to break the first support level at $36.30, it is likely to go to the next support level at $35.92. Assuming the price breaks the second support level, the third support level stands at $35.58.
Bank Of America Corp (NYSE: BAC) Key Stats
There are 7,602,798K outstanding shares of the company, which has a market capitalization of 278.86 billion. As of now, sales total 192,434 M while income totals 27,132 M. Its latest quarter income was 46,965 M while its last quarter net income were 6,665 M.
