Comprehensive Stock Analysis of: Bank of America Corporation (NYSE:BAC)

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Bank of America Corporation (NYSE:BAC) will report its next earnings on 13-Jan-17. The company reported the earnings of $0.41/Share in the last quarter where the estimated EPS by analysts was $0.34/share. The difference between the expected and actual EPS was $0.07/share, which represents an Earnings surprise of 20.6%.

Many analysts are providing their Estimated Earnings analysis for Bank of America Corporation and for the current quarter 28 analysts have projected that the stock could give an Average Earnings estimate of $0.38/share. These analysts have also projected a Low Estimate of $0.35/share and a High Estimate of $0.43/share.

In case of Revenue Estimates, 16 analysts have provided their consensus Average Revenue Estimates for Bank of America Corporation as 20.94 Billion. According to these analysts, the Low Revenue Estimate for Bank of America Corporation is 20.3 Billion and the High Revenue Estimate is 21.73 Billion. The company had Year Ago Sales of 19.56 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for BAC to be 40.7%. They are projecting Next Quarter growth of 14.3%. For the next 5 years, Bank of America Corporation is expecting Growth of 8.02% per annum, whereas in the past 5 years the growth was 17.77% per annum.

Some buy side analysts are also providing their Analysis on Bank of America Corporation, where 9 analysts have rated the stock as Strong buy, 14 analysts have given a Buy signal, 11 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 31 Analysts reported that the Price Target for Bank of America Corporation might touch $24 high while the Average Price Target and Low price Target is $18.69 and $13 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Bank of America Corporation got Upgrade on 29-Nov-16 where investment firm Keefe Bruyette Upgrade the stock from Mkt Perform to Outperform.

Bank of America Corporation closed its last trading session at $20.3 with the loss of -0.05%. The Market Capitalization of the company stands at 205.03 Billion. The Company has 52-week high of $20.88 and 52-week low of $10.99. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 8.27% where SMA50 and SMA200 are 18.59% and 37.06% respectively. The Company Touched its 52-Week High on Nov 25, 2016 and 52-Week Low on Feb 11, 2016.

The Relative Volume of the company is 1.09 and Average Volume (3 months) is 104.94 million. Bank of America Corporation P/E (price to earnings) ratio is 15.05 and Forward P/E ratio of 12.74.

The company shows its Return on Assets (ROA) value of 0.7%. The Return on Equity (ROE) value stands at 6.2%. While it’s Return on Investment (ROI) value is 4.1%.

While looking at the Stock’s Performance, Bank of America Corporation currently shows a Weekly Performance of -0.2%, where Monthly Performance is 21.64%, Quarterly performance is 25.91%, 6 Months performance is 37.18% and yearly performance percentage is 18.13%. Year to Date performance value (YTD perf) value is 21.99%. The Stock currently has a Weekly Volatility of 2.05% and Monthly Volatility of 2.25%.