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The price of Bank Of America Corp (NYSE: BAC) closed at $37.15 in the last session, up 6.05% from day before closing price of $35.03. In other words, the price has increased by $6.05 from its previous closing price. On the day, 160.88 million shares were traded. BAC stock price reached its highest trading level at $37.855 during the session, while it also had its lowest trading level at $33.065.
Ratios:
We take a closer look at BAC’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.26 whereas as Long-Term Debt/Eq ratio is at 0.90.
On March 07, 2025, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $45 to $50.
UBS Upgraded its Neutral to Buy on January 07, 2025, whereas the target price for the stock was revised from $43 to $53.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 282444038144 and an Enterprise Value of 253255843840. As of this moment, Bank’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.56, and their Forward P/E ratio for the next fiscal year is 8.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.42 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at 2.636.
Stock Price History:
The Beta on a monthly basis for BAC is 1.29, which has changed by 0.0220083 over the last 52 weeks, in comparison to a change of 0.049593568 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 $33.54. The 50-Day Moving Average of the stock is -13.77%, while the 200-Day Moving Average is calculated to be -12.74%.
Shares Statistics:
According to the various share statistics, BAC traded on average about 43.59M shares per day over the past 3-months and 75075110 shares per day over the past 10 days. 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 74.85% stake in the company. Shares short for BAC as of 1741910400 were 87756310 with a Short Ratio of 2.01, compared to 1739491200 on 79272659. Therefore, it implies a Short% of Shares Outstanding of 87756310 and a Short% of Float of 1.16.
Dividends & Splits
The forward annual dividend rate for BAC is 1.02, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.028546961The stock’s 5-year Average Dividend Yield is 2.44. 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.
