Here's What You May Have Missed About Bank of America (BAC)

Large-cap finance company Bank of America has moved -0.3% this evening, reaching $28.88 per share. In contrast, the average analyst target price for the stock is $33.04.

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. The company is based in the United States. Bank of America currently returns an annual dividend yield of 3.0%.

Make Sure to Consider the Following Before Buying Bank of America:

  • Bank of America has moved -14.0% over the last year.

  • BAC has a forward P/E ratio of 9.5 based on its EPS guidance of 3.05.

  • Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 14.6%.

  • The company has a price to earnings growth (PEG) ratio of 2.37.

  • Its Price to Book (P/B) ratio is 0.9

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.