Bank of America marked a -1.3% change yesterday, compared to -2.1% for the S&P 500. Is it a good value at a share price of $30.66? Only an in-depth analysis can answer that question, but here are some facts that can give you an idea:
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Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide.
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Bank of America belongs to the Financial Services sector, which has an average price to earnings (P/E) ratio of 13.34 and an average price to book (P/B) of 1.95
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The company's P/B ratio is 1.0
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Bank of America has a trailing 12 month Price to Earnings (P/E) ratio of 9.6 based on its trailing 12 month price to earnings (Eps) of $3.2 per share
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Its forward P/E ratio is 8.2 is, based on its 12 month price to earnings (Eps) is $3.2
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BAC has a Price to Earnings Growth ratio of 1.5, which shows the company has a fair value when we factor growth into the price to earnings calculus.
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Over the last four years, Bank of America has averaged free cash flows of $33,024,250,000.0, which on average grew -33.7%
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Over the last four years the company's operating margins have averaged 34.9 % and during this time they had a growth rate of 1.9 % and a coefficient of variability of 18.14 %.
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Bank of America has moved -28.8% over the last year compared to -16.4% for the S&P 500 -- a difference of -12.4%
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BAC has an average analyst rating of buy and is -27.12% away from its mean target price of $42.07 per share
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