Bank of America Corporation (NYSE:BAC)

Bank of America Corp. is one of the world’s leading financial services companies. Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose.

Bank of America Corporation (NYSE:BAC)’s Financial Overview

Bank of America Corporation (NYSE:BAC) surged 4.09% yesterday to close its trading session at $21.12. The company has 1 year Price Target of $18.69. Bank of America Corporation has 52-Week high of $21.19 and 52-Week Low of $10.99. The stock touched its 52-Week High on Nov 30, 2016 and 52-Week Low on Feb 11, 2016. The stock traded with the volume of 190.79 Million shares yesterday. The firm shows the market capitalization of $213.42 Billion.

Bank of America Corporation (NYSE:BAC) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $0.41/share against the analyst consensus estimate of $0.34/share. The difference between the actual and expected EPS is $0.07 a share with a surprise factor of 20.6%.

The firm is trading with SMA20 of 11.57 Percent, SMA50 of 22.77 Percent and SMA200 of 42.27 percent. Bank of America Corporation has P/S value of 4.2 while its P/B value stands at 0.88. Similarly, the company has Return on Assets of 0.7 percent, Return on Equity of 6.2 percent and Return on Investment of 4.1 Percent. The company shows Gross Margin and Operating Margin of 0 percent and 72.6 percent respectively.

Many brokerage firms are involved in issuing their ratings on Bank of America Corporation (NYSE:BAC). On 29-Nov-16 Keefe Bruyette Upgrade Bank of America Corporation Stock  to Outperform. Another firm also rated the stock on 16-Nov-16 where Robert W. Baird Downgrade the stock to Neutral.

The Stock currently has Analyst’ mean Recommendation of 2.1 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 27 analysts offering 12-month price forecasts for Bank of America have a median target of 19.00, with a high estimate of 24.00 and a low estimate of 14.50. The median estimate represents a -10.04% decrease from the last price of 21.12.

Bank of America Corporation is expected* to report earnings on  01/13/2017 before market open.  The report will be for the fiscal Quarter ending Dec 2016.  According to Zacks Investment Research, based on  11 analysts’  forecasts, the consensus EPS forecast for the quarter is $0.38.  The reported EPS for the same quarter last year was $0.28.

Whiting Petroleum Corp. (NYSE:WLL)

WHITING PETROLEUM CORPORATION, a Delaware corporation, is an independent oil and gas company that acquires, exploits, develops and explores for crude oil, natural gas and natural gas liquids primarily in the Permian Basin, Rocky Mountains, Mid-Continent, Gulf Coast and Michigan regions of the United States. The Company trades publicly under the symbol WLL on the New York Stock Exchange.

Whiting Petroleum Corp. (NYSE:WLL)’s Financial Outlook

The 36 analysts offering 12-month price forecasts for Whiting Petroleum Corp have a median target of 11.00, with a high estimate of 20.00 and a low estimate of 6.90. The median estimate represents a -9.98% decrease from the last price of 12.22.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Whiting Petroleum Corp. has a Consensus Recommendation of 2.24. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock gained 30.28% and closed its last trading session at $12.22. The company has the market capitalization of $3.47 Billion. The stock has 52-week high of $15.94 and 52-Week low of $3.35. The firm touched its 52-Week high on Dec 3, 2015 and 52-Week low on Feb 25, 2016. The company has volume of 81.19 Million shares. The company has a total of 284.35 Million shares outstanding.

Whiting Petroleum Corp. (NYSE:WLL) in the last quarter reported its actual EPS of $-0.47/share where the analyst estimated EPS was $-0.41/share. The difference between the actual and Estimated EPS is $-0.06. This shows a surprise factor of -14.6 percent.

The company has YTD performance of 29.45 percent. Beta for Whiting Petroleum Corp. stands at 3.15 while its ATR (average true range) is 0.68. The company has Weekly Volatility of 7.90%% and Monthly Volatility of 5.66%%.

Whiting Petroleum Corp. has distance from 20-day Simple Moving Average (SMA20) of 35.4%, Distance from 50-Day Simple Moving Average of 40.87 percent and Distance from 200-Day Simple Moving Average of 37.78%.

The Company currently has ROA (Return on Assets) of -11.6 percent, Return on Equity (ROE) of -27.1 Percent and Return on Investment (ROI) of -20.7% with Gross margin of 63.5 percent and Operating & Profit margin of -55.5% and -93% respectively.