Bank Of New York Mellon Corp (NYSE: BK)’s stock price has gone rise by 0.82 in comparison to its previous close of 81.75, however, the company has experienced a -2.16% decrease in its stock price over the last five trading days. prnewswire.com reported 2025-03-17 that NEW YORK, March 17, 2025 /PRNewswire/ — The Bank of New York Mellon Corporation (“BNY”) (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and outstanding Floating Rate Senior Notes due April 25, 2025 (CUSIP 06406RBE6) (the “Notes”). The Notes have an aggregate principal amount of $400,000,000.
Is It Worth Investing in Bank Of New York Mellon Corp (NYSE: BK) Right Now?
Bank Of New York Mellon Corp (NYSE: BK) has a higher price-to-earnings ratio of 14.19x compared to its average ratio. BK has 36-month beta value of 1.04. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for BK is 715.78M, and currently, short sellers hold a 1.49% ratio of that float. The average trading volume of BK on March 18, 2025 was 4.32M shares.
BK’s Market Performance
BK stock saw a decrease of -2.16% in the past week, with a monthly decline of -5.13% and a quarterly a decrease of 3.45%. The volatility ratio for the week is 2.95%, and the volatility levels for the last 30 days are 2.52% for Bank Of New York Mellon Corp (BK). The simple moving average for the past 20 days is -3.57% for BK’s stock, with a 12.47% simple moving average for the past 200 days.
Analysts’ Opinion of BK
Morgan Stanley, on the other hand, stated in their research note that they expect to see BK reach a price target of $94, previously predicting the price at $82. The rating they have provided for BK stocks is “Overweight” according to the report published on December 09th, 2024.
Deutsche Bank gave a rating of “Buy” to BK, setting the target price at $80 in the report published on September 23rd of the previous year.
BK Trading at -1.93% from the 50-Day Moving Average
After a stumble in the market that brought BK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.77% of loss for the given period.
Volatility was left at 2.52%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares sank -6.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.28% upper at present.
During the last 5 trading sessions, BK fell by -2.16%, which changed the moving average for the period of 200-days by +41.52% in comparison to the 20-day moving average, which settled at $85.47. In addition, Bank Of New York Mellon Corp saw 7.28% 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 BK starting from McCarthy J Kevin, who sale 25,000 shares at the price of $76.31 back on Oct 15 ’24. After this action, McCarthy J Kevin now owns 75,404 shares of Bank Of New York Mellon Corp, valued at $1,907,872 using the latest closing price.
Smits Hanneke, the Sr. Exec. Vice President of Bank Of New York Mellon Corp, sale 16,475 shares at $76.47 during a trade that took place back on Oct 15 ’24, which means that Smits Hanneke is holding 157,455 shares at $1,259,869 based on the most recent closing price.
Stock Fundamentals for BK
Current profitability levels for the company are sitting at:
- 0.23 for the present operating margin
- 0.99 for the gross margin
The net margin for Bank Of New York Mellon Corp stands at 0.25. The total capital return value is set at 0.05. Equity return is now at value 11.02, with 1.10 for asset returns.
Based on Bank Of New York Mellon Corp (BK), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 1.1. The interest coverage ratio of the stock is 0.2.
When we switch over and look at the enterprise to sales, we see a ratio of 0.15. The receivables turnover for the company is 2.59for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.
Conclusion
To put it simply, Bank Of New York Mellon Corp (BK) 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’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
