Revenue Estimates Analysis of Bank of America Corporation(NYSE:BAC): United Rentals, Inc.(NYSE:URI)

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Bank of America Corporation (BAC) will report its next earnings on Apr 16 BMO. The company reported the earnings of $0.7/Share in the last quarter where the estimated EPS by analysts was $0.65/share. The difference between the expected and actual EPS was $0.05/share, which represents an Earnings surprise of 7.7%.

Many analysts are providing their Estimated Earnings analysis for Bank of America Corporation and for the current quarter 23 analysts have projected that the stock could give an Average Earnings estimate of $0.72/share. These analysts have also projected a Low Estimate of $0.69/share and a High Estimate of $0.78/share.

In case of Revenue Estimates, 13 analysts have provided their consensus Average Revenue Estimates for Bank of America Corporation as 23.45 Billion. According to these analysts, the Low Revenue Estimate for Bank of America Corporation is 22.93 Billion and the High Revenue Estimate is 23.81 Billion. The company had Year Ago Sales of 22.76 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for BAC to be 14.3%. They are projecting Next Quarter growth of 7.58%. For the next 5 years, Bank of America Corporation is expecting Growth of 9.89% per annum, whereas in the past 5 years the growth was 9.58% per annum.

Some buy side analysts are also providing their Analysis on Bank of America Corporation, where 6 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 2 said it’s a HOLD, 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. Analysts reported that the Price Target for Bank of America Corporation might touch $42 high while the Average Price Target and Low price Target is $32.86 and $28 respectively.

Bank of America Corporation closed its last trading session at $28.29 with the gain of 1.06%. The Market Capitalization of the company stands at 273.03 Billion. The Company has 52-week high of $31.91 and 52-week low of $22.66. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -4.4% where SMA50 and SMA200 are -2.08% and -0.39% respectively. The Company Touched its 52-Week High on 08/08/18 and 52-Week Low on 12/24/18.

The Relative Volume of the company is 0.76 and Average Volume (3 months) is 56.03 million. The company’s P/E (price to earnings) ratio is 10.62 and Forward P/E ratio of 9.08.

The company shows its Return on Assets (ROA) value of 1.2%. The Return on Equity (ROE) value stands at 11.2%. While it’s Return on Investment (ROI) value is 5.3%.

While looking at the Stock’s Performance, Bank of America Corporation currently shows a Weekly Performance of -3.77%, where Monthly Performance is -4.32%, Quarterly performance is 0.7%, 6 Months performance is 3.03% and yearly performance percentage is -8.42%. Year to Date performance value (YTD perf) value is 16.03%. The Stock currently has a Weekly Volatility of 2.21% and Monthly Volatility of 1.70%.

United Rentals, Inc. (URI) will report its next earnings on Apr 17 AMC. The company reported the earnings of $3.31/Share in the last quarter where the estimated EPS by analysts was $3.03/share. The difference between the expected and actual EPS was $0.28/share, which represents an Earnings surprise of 9.2%.

Many analysts are providing their Estimated Earnings analysis for United Rentals, Inc. and for the current quarter 17 analysts have projected that the stock could give an Average Earnings estimate of $4.47/share. These analysts have also projected a Low Estimate of $4.12/share and a High Estimate of $4.9/share.

In case of Revenue Estimates, 12 analysts have provided their consensus Average Revenue Estimates for United Rentals, Inc. as 2.27 Billion. According to these analysts, the Low Revenue Estimate for United Rentals, Inc. is 2.18 Billion and the High Revenue Estimate is 2.31 Billion. The company had Year Ago Sales of 1.89 Billion.

These analysts also forecasted Growth Estimates for the Current Quarter for URI to be 17.9%. They are projecting Next Quarter growth of 25.95%. For the next 5 years, United Rentals, Inc. is expecting Growth of 12.34% per annum, whereas in the past 5 years the growth was 20.97% per annum.

Some buy side analysts are also providing their Analysis on United Rentals, Inc., where 4 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 3 said it’s a HOLD, 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. Analysts reported that the Price Target for United Rentals, Inc. might touch $252 high while the Average Price Target and Low price Target is $164.87 and $105 respectively.

United Rentals, Inc. closed its last trading session at $128.67 with the loss of -0.16%. The Market Capitalization of the company stands at 10.2 Billion. The Company has 52-week high of $175.42 and 52-week low of $94.28. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -5.03% where SMA50 and SMA200 are 1.63% and -2.08% respectively. The Company Touched its 52-Week High on 05/22/18 and 52-Week Low on 12/26/18.

The Relative Volume of the company is 0.62 and Average Volume (3 months) is 1.46 million. The company’s P/E (price to earnings) ratio is 9.68 and Forward P/E ratio of 6.03.

The company shows its Return on Assets (ROA) value of 6.4%. The Return on Equity (ROE) value stands at 32.8%. While it’s Return on Investment (ROI) value is 10.4%.

While looking at the Stock’s Performance, United Rentals, Inc. currently shows a Weekly Performance of -3.98%, where Monthly Performance is 1.91%, Quarterly performance is -2.46%, 6 Months performance is 6.03% and yearly performance percentage is -22.4%. Year to Date performance value (YTD perf) value is 25.29%. The Stock currently has a Weekly Volatility of 3.13% and Monthly Volatility of 2.75%.

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