Comerica Incorporated [NYSE: CMA] opened at $66.35 and closed at $66.40 a share within trading session on Jan 23, 2020. That means that the stock dropped by -0.62% compared to the closing price from a day before, when the stock touched $65.99.
Between the start and the closing of the latest trading session, Comerica Incorporated [NYSE: CMA] had 2 million shares being bought and sold. In the last three months, average trading volumes hovered around 1.38M shares. During the last week, volatility in the share price was set at 1.91%, which placed the metric for the last 30 days at 1.50%. The price of the stock additionally went down to $58.54 during that period and CMA managed to take a rebound to $88.96 in the last 52 weeks.
Comerica Incorporated [NYSE:CMA]: Analyst Rating and Earnings
Its stock price has been found in the range of 58.54 to 88.96. This is compared to its latest closing price of $66.40.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Tue 21 Apr (In 89 Days).
Fundamental Analysis of Comerica Incorporated [CMA]
Now let’s turn to look at profitability: with a current Operating Margin for Comerica Incorporated [CMA] sitting at +44.86, this company’s Net Margin is now 43.20%. These measurements indicate that Comerica Incorporated [CMA] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 12.06, and its Return on Invested Capital has reached 20.10%. Its Return on Equity is 15.86, and its Return on Assets is 1.72. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates CMA financial performance.
Turning to investigate this organization’s capital structure, Comerica Incorporated [CMA] has generated a Total Debt to Total Equity ratio of 86.68. Similarly, its Total Debt to Total Capital is 46.43, while its Total Debt to Total Assets stands at 9.17.
The Enterprise Value to Sales for this firm is now 4.34, and its Total Debt to Enterprise Value stands at 0.39. Comerica Incorporated [CMA] has a Price to Book Ratio of 1.46, a Price to Cash Flow Ratio of 7.27 and P/E Ratio of 8.40. These metrics all suggest that Comerica Incorporated is more likely to generate a positive ROI.
Shifting the focus to workforce efficiency, Comerica Incorporated [CMA] earns $444,417 for each employee under its payroll. Similarly, this company’s Total Asset Turnover is 0.05. This publicly-traded organization’s liquidity data is also interesting: its Current Ratio is 0.14.
Comerica Incorporated [CMA] has 147.00M shares outstanding, amounting to a total market cap of $9.70B. Its stock price has been found in the range of 58.54 to 88.96. At its current price, it has moved down by -25.82% from its 52-week high, and it has moved up 12.73% from its 52-week low.
This stock’s Beta value is currently 1.51, which indicates that it is 1.91% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 33.74. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Comerica Incorporated [CMA] a Reliable Buy?
Shares of Comerica Incorporated [CMA], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.