Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $42.47 in the prior trading day, Bank Of America Corp (NYSE: BAC) closed at $43.07, up 1.41%. In other words, the price has increased by $1.41 from its previous closing price. On the day, 30.63 million shares were traded. BAC stock price reached its highest trading level at $43.15 during the session, while it also had its lowest trading level at $42.75.
Ratios:
Our goal is to gain a better understanding of BAC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 0.90.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on March 07, 2025, Upgraded its rating to Outperform and sets its target price to $50 from $45 previously.
On January 07, 2025, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $43 to $53.
HSBC Securities Upgraded its Hold to Buy on January 07, 2025, while the target price for the stock was maintained at $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’25 when BANK OF AMERICA CORP /DE/ bought 8,100 shares for $12.45 per share. The transaction valued at 100,813 led to the insider holds 8,100 shares of the business.
BANK OF AMERICA CORP /DE/ sold 8,100 shares of BAC for $99,670 on Mar 14 ’25. The 10% Owner now owns 0 shares after completing the transaction at $12.30 per share. On Mar 11 ’25, another insider, BANK OF AMERICA CORP /DE/, who serves as the 10% Owner of the company, bought 1 shares for $12.43 each. As a result, the insider paid 12 and bolstered with 1 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BAC now has a Market Capitalization of 327452590080 and an Enterprise Value of 319264456704. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.40, and their Forward P/E ratio for the next fiscal year is 9.84. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 3.323.
Stock Price History:
The Beta on a monthly basis for BAC is 1.25, which has changed by 0.16122949 over the last 52 weeks, in comparison to a change of 0.10838497 over the same period for the S&P500. Over the past 52 weeks, BAC has reached a high of $48.08, while it has fallen to a 52-week low of $34.15. The 50-Day Moving Average of the stock is -3.66%, while the 200-Day Moving Average is calculated to be 1.16%.
Shares Statistics:
The stock has traded on average 37.62M shares per day over the past 3-months and 42067610 shares per day over the last 10 days, according to various share statistics. A total of 7.61B shares are outstanding, with a floating share count of 7.59B. Insiders hold about 0.20% of the company’s shares, while institutions hold 74.83% stake in the company. Shares short for BAC as of 1740700800 were 78488330 with a Short Ratio of 2.09, compared to 1738281600 on 57754684. Therefore, it implies a Short% of Shares Outstanding of 78488330 and a Short% of Float of 1.2.
Dividends & Splits
In the trailing 12 months, BAC’s forward annual dividend rate was 1.0, compared to 1.02 this year. Against a Trailing Annual Dividend Yield of 0.023546033The stock’s 5-year Average Dividend Yield is 2.45. The current Payout Ratio is 31.12% for BAC, which recently paid a dividend on 2025-03-07 with an ex-dividend date of 1741305600. Stock splits for the company last occurred on 2004-08-30 when the company split stock in a 2:1 ratio.
