The stock of Bank Of America Corp (BAC) has gone down by -1.70% for the week, with a -1.07% drop in the past month and a 1.60% rise in the past quarter. The volatility ratio for the week is 1.57%, and the volatility levels for the past 30 days are 1.76% for BAC. The simple moving average for the last 20 days is -0.16% for BAC’s stock, with a simple moving average of 10.83% for the last 200 days.
Is It Worth Investing in Bank Of America Corp (NYSE: BAC) Right Now?
Bank Of America Corp (NYSE: BAC) has a higher price-to-earnings ratio of 14.48x compared to its average ratio. BAC has 36-month beta value of 1.33. Analysts have mixed views on the stock, with 11 analysts rating it as a “buy,” 7 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for BAC is 7.60B, and currently, short sellers hold a 0.76% ratio of that float. The average trading volume of BAC on February 14, 2025 was 33.22M shares.
BAC) stock’s latest price update
The stock price of Bank Of America Corp (NYSE: BAC) has jumped by 0.57 compared to previous close of 46.33. Despite this, the company has seen a fall of -1.70% in its stock price over the last five trading days. foxbusiness.com reported 2025-02-13 that A group of CEOs from leading U.S. banks are meeting with the Senate Banking Committee to discuss potential solutions to regulatory issues related to debanking decisions.
Analysts’ Opinion of BAC
Many brokerage firms have already submitted their reports for BAC stocks, with UBS repeating the rating for BAC by listing it as a “Buy.” The predicted price for BAC in the upcoming period, according to UBS is $53 based on the research report published on January 07, 2025 of the current year 2025.
HSBC Securities, on the other hand, stated in their research note that they expect to see BAC reach a price target of $50. The rating they have provided for BAC stocks is “Buy” according to the report published on January 07th, 2025.
Morgan Stanley gave a rating of “Equal-Weight” to BAC, setting the target price at $55 in the report published on December 09th of the previous year.
BAC Trading at 1.61% from the 50-Day Moving Average
After a stumble in the market that brought BAC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.09% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 1.57%, as shares surge +0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.63% lower at present.
During the last 5 trading sessions, BAC fell by -1.38%, which changed the moving average for the period of 200-days by +24.49% in comparison to the 20-day moving average, which settled at $46.68. In addition, Bank Of America Corp saw 6.02% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BAC starting from BANK OF AMERICA CORP /DE/, who purchase 1,900 shares at the price of $11.47 back on Feb 04 ’25. After this action, BANK OF AMERICA CORP /DE/ now owns 1,900 shares of Bank Of America Corp, valued at $21,793 using the latest closing price.
BANK OF AMERICA CORP /DE/, the 10% Owner of Bank Of America Corp, sale 1,900 shares at $11.46 during a trade that took place back on Feb 04 ’25, which means that BANK OF AMERICA CORP /DE/ is holding 0 shares at $21,774 based on the most recent closing price.
Stock Fundamentals for BAC
Current profitability levels for the company are sitting at:
- 0.29 for the present operating margin
- 1.0 for the gross margin
The net margin for Bank Of America Corp stands at 0.27. The total capital return value is set at 0.04. Equity return is now at value 9.24, with 0.84 for asset returns.
Based on Bank Of America Corp (BAC), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 2.23. The interest coverage ratio of the stock is 0.32.
Currently, EBITDA for the company is 29.25 billion with net debt to EBITDA at 11.93. When we switch over and look at the enterprise to sales, we see a ratio of 7.1. The receivables turnover for the company is 1.23for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
To put it simply, Bank Of America Corp (BAC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
