Large-cap finance company Bank of America has moved 4.6% this evening, reaching $27.62 per share. In contrast, the average analyst target price for the stock is $32.07.
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. The company is based in the United States. Bank of America currently returns an annual dividend yield of 3.4%.
Make Sure to Consider the Following Before Buying Bank of America:
Bank of America has moved -22.0% over the last year.
BAC has a forward P/E ratio of 9.0 based on its EPS guidance of 3.07.
Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 4.9%.
The company has a price to earnings growth (PEG) ratio of 2.06.
Its Price to Book (P/B) ratio is 0.85
Bank of America Has Irregular Cash Flows
|Date Reported||Cash Flow from Operations ($ k)||Capital expenditures ($ k)||Free Cash Flow ($ k)||YoY Growth (%)|
Bank of America's free cash flows have a decent average of $28.4 Billion over the last 6 years, but they are highly variable since their coefficient of variability is 314.8%. The compounded average growth rate over this period is 2.1%.