The share price of The Bank of New York Mellon Corporation [NYSE: BK] inclined by $31.64, presently trading at $32.73. The company’s shares saw 23.98% gains compared to the lowest price in the period of the last 52 weeks, set at 26.40 recorded on 03/25/20. The last few days have been benevolent to the share price as BK jumped by 10.01% during the last week, even though the stock is still up by 32.91 compared to +2.89 of all time high it touched on 03/26/20. However, the stock had a poor performance during the past 3 months, roughly losing -23.92%, while additionally dropping -37.77% during the last 12 months. The Bank of New York Mellon Corporation is said to have a 12-month price target set at $48.56. That means that the stock has a strong potential to acquire 15.83% increase from the current trading price.
The Bank of New York Mellon Corporation [NYSE:BK]: Analyst Rating and Earnings
Equities traders frequently stay up to date regarding what leading market analysts think abopossible stock buy. As it relates to The Bank of New York Mellon Corporation [BK], the latest mean analyst recommendation that’s publicly available is from the fiscal three-month period ending in 12/30/2019. On average, stock market experts give BK an Hold rating. The average 12-month price forecast for this stock is $32.65, with the high estimate being $63.00, the low estimate being $30.00 and the median estimate amounting to $46.00. This is compared to its latest closing price of $31.64.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for The Bank of New York Mellon Corporation [BK] is sitting at 3.00. This is compared to 1 month ago, when its average rating was 3.00.
Stay on the lookout for the next quarterly financial report – the company is expected to release the following results on 04/16/2020.
Fundamental Analysis of The Bank of New York Mellon Corporation [BK]
Now let’s turn to look at profitability: with a current Operating Margin for The Bank of New York Mellon Corporation [BK] sitting at 42.60%, this company’s Net Margin is now 56.40. These measurements indicate that The Bank of New York Mellon Corporation [BK] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 5.13, and its Return on Invested Capital has reached 6.20. Its Return on Equity is 11.30%, and its Return on Assets is 1.10%. 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 BK financial performance.
Turning to investigate this organization’s capital structure, The Bank of New York Mellon Corporation [BK] has generated a Total Debt to Total Equity ratio of 104.77. Similarly, its Total Debt to Total Capital is 51.16, while its Total Debt to Total Assets stands at 16.77. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 84.50, and its Long-Term Debt to Total Capital is 37.74.
What about valuation? This company’s Enterprise Value to EBITDA is -1.66. The Enterprise Value to Sales for this firm is now -0.54, and its Total Debt to Enterprise Value stands at -8.43. The Bank of New York Mellon Corporation [BK] has a Price to Book Ratio of 1.19, a Price to Cash Flow Ratio of 494.45 and P/E Ratio of 7.21. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
The Bank of New York Mellon Corporation [BK] has 911.39M shares outstanding, amounting to a total market cap of 28.84B. Its stock price has been found in the range of 26.40 to 53.60. At its current price, it has moved down by -38.94% from its 52-week high, and it has moved up 23.98% from its 52-week low.
This stock’s Beta value is currently 1.22, which indicates that it is 9.76% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 44.52. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is The Bank of New York Mellon Corporation [BK] a Reliable Buy?
Shares of The Bank of New York Mellon Corporation [BK], 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.