On Friday, Bank Of America Corp (NYSE: BAC) was 0.28% up from the session before settling in for the closing price of $39.58. A 52-week range for BAC has been $33.06 – $48.08.
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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 13.59%. With a float of $7.55 billion, this company’s outstanding shares have now reached $7.56 billion.
In an organization with 213000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 84.05%, operating margin of 25.67%, and the pretax margin is 24.47%.
Bank Of America Corp (BAC) Insider and Institutional Ownership
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 75.29%. The most recent insider transaction that took place on Apr 16 ’25, was worth 23,322. In this transaction 10% Owner of this company bought 2,103 shares at a rate of $11.09, taking the stock ownership to the 2,103 shares. Before that another transaction happened on Apr 09 ’25, when Company’s 10% Owner bought 13 for $10.85, making the entire transaction worth $141. This insider now owns 13 shares in total.
Bank Of America Corp (BAC) Latest Financial update
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 13.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.24% 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 1.53. Likewise, its price to free cash flow for the trailing twelve months is 7.31.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.35, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 4.26 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 41.36 million. That was inferior than the volume of 45.81 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 84.39%. Additionally, its Average True Range was 1.57.
During the past 100 days, Bank Of America Corp’s (BAC) raw stochastic average was set at 44.12%, which indicates a significant decrease from 93.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.17% in the past 14 days, which was higher than the 35.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.08, while its 200-day Moving Average is $42.44. However, in the short run, Bank Of America Corp’s stock first resistance to watch stands at $39.88. Second resistance stands at $40.07. The third major resistance level sits at $40.36. If the price goes on to break the first support level at $39.41, it is likely to go to the next support level at $39.12. The third support level lies at $38.93 if the price breaches the second support level.
Bank Of America Corp (NYSE: BAC) Key Stats
There are 7,602,798K outstanding shares of the company, which has a market capitalization of 300.06 billion. As of now, sales total 192,434 M while income totals 27,132 M. Its latest quarter income was 46,989 M while its last quarter net income were 7,396 M.
