BAC

Bank of America Corporation [BAC] Stock Forecast

Q: What is Bank of America Corporation stock symbol ?

Bank of America Corporation is a US stock, located in Charlotte of Nc and trading under the symbol BAC

Buy or Sell ? Support and Resistance

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BAC Stock Summary

Earnings have grown 6.55% per last year.

Earnings are expected to rise 8.95% next year

EPS has been increasing for the past 3 quarters (Quarter statements)

The Moving Average Convergence Divergence (MACD) for BAC recently turned positive (within last 10 days).

BAC's dividend payments are well covered by cash flows with cash payout ratio of 24.5%.

BAC has less than 1 year of cash runway

Debt-to-Equity ratio of 1.21 is considered moderate, deeper research suggested.

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BAC Financial details

Company Rating

Strong Buy

Market Cap

233.26B

Income

28.62B

Revenue

97.98B

Book val./share

34.74

Cash/share

68.22

Dividend

0.88

Dividend %

3.01%

Employees

217K

Optionable

Yes

Shortable

Yes

Earnings

18 Jul 2023

P/E

8.25

Forward P/E

PEG

-11.42

P/S

2.38

P/B

0.84

P/C

0.43

P/FCF

8.39

Quick Ratio

11.38

Current Ratio

11.38

Debt / Equity

1.21

LT Debt / Equity

1.01

EPS (TTM)

3.34

EPS next Y

EPS next Q

0.89

EPS this Y

-10%

EPS next Y

EPS next 5Y

-4.04%

EPS last 5Y

4.18%

Revenue last 5Y

0.8%

Revenue Q/Q

7.04%

EPS Q/Q

11.76%

SMA20

4.21%

SMA50

2.65%

SMA100

-16.35%

Inst Own

65.74%

Inst Trans

-3.12%

ROA

ROE

10%

ROC

0.02%

Gross Margin

63%

Oper. Margin

66%

Profit Margin

29%

Payout

30%

Shs Outstand

7.97B

Shs Float

7.94B

Target Price

45.34

52W Range

26.32-38.6

52W High

-22.97%

52W Low

+12.58%

RSI

58.2

Rel Volume

0.35

Avg Volume

64.65M

Volume

22.37M

Perf Week

5.33%

Perf Month

1.32%

Perf Quarter

-7.87%

Perf Half Y

-10.6%

Beta

1.37825

Volatility

0.55%, 0.68%

Prev Close

0.14%

Price

29.27

Change

-0.03%

BAC Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	9.04	9.72	9.77	10.49	11.18
Net income per share	2.79	2.92	2.04	3.77	3.24
Operating cash flow per share	3.91	6.58	4.34	-0.85	-0.74
Free cash flow per share	3.91	6.58	4.34	-0.85	-0.74
Cash per share	41.03	44.12	71	77.07	53.95
Book value per share	26.28	28.2	31.18	31.8	32.17
Tangible book value per share	19.45	20.86	23.3	23.67	24.04
Share holders equity per share	26.28	28.2	31.18	31.8	32.17
Interest debt per share	26.63	30.61	33.19	36.34	38.03
Market cap	248.78B	330.73B	265.31B	377.87B	281.3B
Enterprise value	313.41B	427.13B	160.56B	326.37B	346.75B
P/E ratio	8.84	12.06	14.83	11.82	10.22
Price to sales ratio	2.73	3.62	3.1	4.24	2.96
POCF ratio	6.29	5.35	6.98	-52.53	-44.46
PFCF ratio	6.29	5.35	6.98	-52.53	-44.46
P/B Ratio	0.94	1.25	0.97	1.4	1.03
PTB ratio	0.94	1.25	0.97	1.4	1.03
EV to sales	3.43	4.68	1.88	3.66	3.65
Enterprise value over EBITDA	5.6	7.52	5.52	8.04	6.54
EV to operating cash flow	7.93	6.91	4.23	-45.37	-54.8
EV to free cash flow	7.93	6.91	4.23	-45.37	-54.8
Earnings yield	0.11	0.08	0.07	0.08	0.1
Free cash flow yield	0.16	0.19	0.14	-0.02	-0.02
Debt to equity	0.94	1	1.03	1.13	1.11
Debt to assets	0.11	0.11	0.1	0.1	0.1
Net debt to EBITDA	1.15	1.7	-3.6	-1.27	1.23
Current ratio	0	20.24	36.37	31.22	20.02
Interest coverage	0	2.47	3.31	8.17	2.54
Income quality	1.4	2.25	2.12	-0.22	-0.23
Dividend Yield	0.03	0.02	0.03	0.02	0.03
Payout ratio	0.24	0.22	0.43	0.25	0.31
Sales general and administrative to revenue	0.48	0.41	0.42	0.44	0.43
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.03	0.03	0.02	0.02	0.02
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.02	0.02	0.02	0.03	0.03
Graham number	40.6	43.05	37.87	51.9	48.43
ROIC	0	0.02	0.01	0.01	0.02
Return on tangible assets	0.01	0.01	0.01	0.01	0.01
Graham Net	-159.34	-180.84	-212.99	-256.64	-265.91
Working capital	0	465.76B	683.34B	717.81B	512.34B
Tangible asset value	196.37B	195.86B	203.97B	201.04B	204.18B
Net current asset value	2089.18B	1679.31B	1844.05B	2158.32B	2238.24B
Invested capital	0.94	1	1.03	1.13	1.11
Average receivables	85.89B	81.93B	78.41B	84.32B	84.25B
Average payables	0	0	0	0	0
Average inventory	0	0	0	0	0
Days sales outstanding	352.79	302.65	346.35	358.28	311.46
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	1.03	1.21	1.05	1.02	1.17
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.11	0.1	0.07	0.12	0.1
Capex per share	0	0	0	0	0

Quarterly Fundamentals Overview

Last date of statement is 2023-03-31 for Q1

Metric	2022-03-31	2022-06-30	2022-09-30	2022-12-31	2023-03-31
Revenue per share	2.85	2.79	3.02	3.03	3.26
Net income per share	0.87	0.77	0.87	0.88	1.01
Operating cash flow per share	-5.58	-0.62	1.62	3.83	-1.4
Free cash flow per share	-5.58	-0.62	1.62	3.83	-1.4
Cash per share	69.91	58.01	54.12	56.66	68.22
Book value per share	32.77	33.14	33.24	33.78	34.74
Tangible book value per share	24.28	24.64	24.73	25.24	26.18
Share holders equity per share	32.77	33.14	33.24	33.78	34.74
Interest debt per share	37.46	37.69	36.51	38.74	43.97
Market cap	335.4B	252.83B	244.85B	267.88B	230.68B
Enterprise value	359.32B	351.57B	322.59B	333.34B	183.27B
P/E ratio	11.86	10.12	8.64	9.39	7.07
Price to sales ratio	14.44	11.14	9.99	10.92	8.79
POCF ratio	-7.38	-50.07	18.61	8.64	-20.41
PFCF ratio	-7.38	-50.07	18.61	8.64	-20.41
P/B Ratio	1.26	0.94	0.91	0.98	0.82
PTB ratio	1.26	0.94	0.91	0.98	0.82
EV to sales	15.47	15.5	13.17	13.59	6.98
Enterprise value over EBITDA	37.06	35.46	22.02	17.74	7.87
EV to operating cash flow	-7.91	-69.63	24.52	10.75	-16.22
EV to free cash flow	-7.91	-69.63	24.52	10.75	-16.22
Earnings yield	0.02	0.02	0.03	0.03	0.04
Free cash flow yield	-0.14	-0.02	0.05	0.12	-0.05
Debt to equity	1.14	1.13	1.08	1.11	1.21
Debt to assets	0.09	0.1	0.09	0.1	0.11
Net debt to EBITDA	2.47	9.96	5.31	3.48	-2.04
Current ratio	26.88	20.24	25.08	20.02	11.38
Interest coverage	6.96	3.72	2.42	1.76	1.6
Income quality	-6.43	-0.81	1.86	4.35	-1.38
Dividend Yield	0.01	0.01	0.01	0.01	0.01
Payout ratio	0.31	0.32	0.32	0.3	0.29
Sales general and administrative to revenue	0.44	0.44	0.41	0.41	0.41
Research and developement to revenue	0	0	0	0	0
Intangibles to total assets	0.02	0.02	0.02	0.02	0.02
Capex to operating cash flow	0	0	0	0	0
Capex to revenue	0	0	0	0	0
Capex to depreciation	0	0	0	0	0
Stock based compensation to revenue	0.03	0.03	0.03	0.03	0.03
Graham number	25.3	23.95	25.56	25.89	28.12
ROIC	0	0	0	0.01	0.01
Return on tangible assets	0	0	0	0	0
Graham Net	-286.3	-283.36	-283.47	-279.23	-284.43
Working capital	641.66B	536.66B	506.84B	512.34B	587.01B
Tangible asset value	197.59B	200.1B	200.5B	204.18B	211.17B
Net current asset value	2305.16B	2277.94B	2275.98B	2238.24B	2270.89B
Invested capital	1.14	1.13	1.08	1.11	1.21
Average receivables	92.3B	95.52B	91.28B	85.07B	87.16B
Average payables	0	0	0	0	0
Average inventory	0	0	0	0	0
Days sales outstanding	378.09	370.71	327.33	297.24	319.8
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0.24	0.24	0.27	0.3	0.28
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	0.03	0.02	0.03	0.03	0.03
Capex per share	0	0	0	0	0

BAC Dividend History

BAC Frequently Asked Questions

What is Bank of America Corporation stock symbol ?

Bank of America Corporation is a US stock , located in Charlotte of Nc and trading under the symbol BAC

Is Bank of America Corporation buy or a sell ?

36 stock analysts have 36 predictions with a medium analyst target price of $47.23. The lowest prediction is $36 and the highest is $64

What is BAC stock prediction ?

With a median analyst target price of $47, 1 stock analysts have made 1 forecasts in last 90 days. $47 is the lowest and $47 is the greatest projection.

What is Bank of America Corporation stock quote today ?

Bank of America Corporation stock price is $29.27 today.

Is Bank of America Corporation stock public?

Yes, Bank of America Corporation is a publicly traded company.

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Company Profile

Volume Average 64.65M
Market Capitalization 233.26B
Employee 217K
CEO Mr. Brian Thomas Moynihan
Headquarters Charlotte,NC,US
IPO Date 1979-06-05
Website https://www.bankofamerica.com

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. Its Consumer Banking segment offers traditional and money market savings accounts, certificates of deposit and IRAs, noninterest-and interest-bearing checking accounts, and investment accounts and products; and credit and debit cards, residential mortgages, and home equity loans, as well as direct and indirect loans, such as automotive, recreational vehicle, and consumer personal loans. The company's Global Wealth & Investment Management segment offers investment management, brokerage, banking, and trust and retirement products and services; and wealth management solutions, as well as customized solutions, including specialty asset management services. Its Global Banking segment provides lending products and services, including commercial loans, leases, commitment facilities, trade finance, and commercial real estate and asset-based lending; treasury solutions, such as treasury management, foreign exchange, and short-term investing options and merchant services; working capital management solutions; and debt and equity underwriting and distribution, and merger-related and other advisory services. The company's Global Markets segment offers market-making, financing, securities clearing, settlement, and custody services, as well as risk management products using interest rate, equity, credit, currency and commodity derivatives, foreign exchange, fixed-income, and mortgage-related products. As of December 31, 2021, it served approximately 67 million consumer and small business clients with approximately 4,200 retail financial centers; approximately 16,000 ATMs; and digital banking platforms with approximately 41 million active users. The company was founded in 1784 and is based in Charlotte, North Carolina.