Bank of America Corporation (NYSE:BAC) Quarterly Analysis

54

Quarterly Sales and EPS Roundup:

Bank of America Corporation (BAC) reported sales (ttm) of 53.33 Billion, whereas, 13 number of analysts estimated the mean sale of 21940.8 million. The analysts estimated sales for the higher end at 22862 million and lower end at 21162.3 million while the year ago reported sale was 21383.9 million.

13 number of analysts have estimated the sales of the company for the quarter ending Oct 13, 2017, analysts estimated mean sale target of 22960.2 million while high and low sale targets are estimated at 24059 million and 22456 million respectively.

Bank of America Corporation (BAC) reported earning per shares for the quarter ending Oct 13 BMO at 0.46, whereas, 25 number of analysts estimated the mean EPS at 0.47. The analysts estimated EPS for the higher end at 0.51 and lower end at 0.43 while the year ago reported earnings per share was 0.41.

The company has mean EPS estimate of 0.46 reported by 17 number of analyst for the quarter ending Current Qtr.(Sep2017). The analysts estimated mean EPS at 0.46 while the high and low EPS estimate stand at 0.51 and 0.43 respectively. 37. EPS long term mean growth rate estimated by 5 analysts is at 9.44%, whereas, the high and low Long term growth rate estimated at 15.34 and 3.

Valuation Ratios of Bank of America Corporation (BAC) versus the Industry and Sector:

Let’s have a look at some of the important valuation ratios of the Bank of America Corporation (BAC). These ratios are important while doing valuation of the company or the shares of the company.

Bank of America Corporation (BAC) currently the company’s industry has 13.86 P/E and the sector P/E is 16.24. The industry’s and sector’s  high P/E for the past year is 113.68 and 31.67 respectively and low P/E ratio for the last 5 years is 6.78 for the industry and 10.26 for the Sector.

Beta is also an important valuation ratio for analyzing the stock of the company, BAC has its industry and Sector’s beta remains at 0.9 and 0.77 respectively.

The industry and sector ratio of Price to Cash Flow ticked at 7.64 and 9.99 respectively.

5 Year Growth Rate Analysis:

Growth rates are very important while analyzing the long term growth and valuation of a certain company.

5 year sales growth rate is an important factor for valuation analysis, the industry’s and the sector’s growth for next 5 years ticked at -2.36 and -8.01 respectively.

Bank of America Corporation (BAC) Trading Statistics:

The company declined -0.39% and closed its last trading session at $25.93. The market capitalization of the company is at $268.14 Billion. The stock touched 52-week High of $26.30 on 10/06/17 and 52-week Low of $15.60 on 10/13/16. The stock currently has Weekly Volatility of 1.44% and Monthly Volatility of 1.40%. The Beta for the company stands at 1.3 and its Average True Range (ATR) shows a value of 0.4.

 

SHARE