On Friday, Bank Of America Corp (NYSE: BAC) was 0.46% up from the session before settling in for the closing price of $41.60. A 52-week range for BAC has been $33.06 – $48.08.
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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%. When this article was written, the company’s average yearly earnings per share was at 13.62%. With a float of $7.52 billion, this company’s outstanding shares have now reached $7.56 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 84.05%, operating margin of 25.67%, and the pretax margin is 24.47%.
Bank Of America Corp (BAC) Insider Activity
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 75.61%. The most recent insider transaction that took place on May 07 ’25, was worth 1,723,733. Before that another transaction happened on Apr 16 ’25, when Company’s 10% Owner bought 2,103 for $11.09, making the entire transaction worth $23,322. This insider now owns 2,103 shares in total.
Bank Of America Corp (BAC) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 13.62% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.13% 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 1.59. Likewise, its price to free cash flow for the trailing twelve months is 8.66.
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 4.25 in one year’s time.
Technical Analysis of Bank Of America Corp (BAC)
Compared to the last year’s volume of 44.58 million, its volume of 32.48 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.93%. Additionally, its Average True Range was 1.16.
During the past 100 days, Bank Of America Corp’s (BAC) raw stochastic average was set at 58.50%, which indicates a significant decrease from 92.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.06% in the past 14 days, which was lower than the 35.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.17, while its 200-day Moving Average is $42.34. Nevertheless, the first resistance level for the watch stands at $41.95 in the near term. At $42.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.24. If the price goes on to break the first support level at $41.66, it is likely to go to the next support level at $41.53. Should the price break the second support level, the third support level stands at $41.37.
Bank Of America Corp (NYSE: BAC) Key Stats
There are 7,531,876K outstanding shares of the company, which has a market capitalization of 314.76 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.
