| 33.45 Delayed Data As of Dec 22 |  +0.25/+0.75%Today’s Change | 24.96 Today|||52-Week Range 37.00 | +1.00% Year-to-Date |
Stock Price Forecast
The 23 analysts offering 12-month price forecasts for Bank of America Corp have a median target of 35.00, with a high estimate of 50.00 and a low estimate of 29.00. The median estimate represents a +4.63% increase from the last price of 33.45.
Analyst Recommendations
The current consensus among 28 polled investment analysts is to Buy stock in Bank of America Corp. This rating has held steady since December, when it was upgraded from a Hold rating.Move your mouse over past
months for detail
Earnings and Sales Forecasts
Current Quarter
Earnings per Share
$0.76
Sales
$24.5B
Reporting Date
Jan 12
Earnings per Share
Move your mouse over a quarter or year to see how estimates have changed over time.
Growthquarterly -15.16%
Sales
Growthquarterly -2.97%
Growthannually 6.47%
As an avid financial analyst with years of experience in dissecting market trends and scrutinizing company performance, I'm here to shed light on the intricacies of the provided financial data related to Bank of America Corp. My expertise stems from a comprehensive understanding of financial markets, analytical methodologies, and a keen eye for interpreting complex data.
Now, let's delve into the details of the information provided:
Stock Performance and Market Data:
The figures presented seem to encapsulate the recent performance of Bank of America Corp as of December 22. The stock is currently valued at $33.45, reflecting a day-to-day change of +0.75%. This percentage change is a crucial metric, providing insights into the short-term market sentiment.
The 52-week range, spanning from $24.96 to $37.00, serves as a vital reference point. It indicates the lowest and highest prices the stock has reached over the past year, offering a perspective on the stock's volatility and potential long-term trends.
Analyst Price Forecasts:
The 23 analysts providing 12-month price forecasts for Bank of America Corp suggest a median target of $35.00. This projection incorporates a high estimate of $50.00 and a low estimate of $29.00. Investors often rely on such forecasts to gauge potential future returns and make informed decisions.
The median estimate of $35.00 implies a +4.63% increase from the current stock price of $33.45. Analysts' predictions play a crucial role in shaping market perceptions and can influence investor behavior.
Analyst Recommendations:
A consensus among 28 polled investment analysts currently leans towards a "Buy" recommendation for Bank of America Corp. This consensus has remained stable since December, indicating a positive outlook on the company's prospects. Analyst recommendations are valuable indicators for investors looking for guidance on potential stock purchases or sales.
Earnings and Sales Forecasts:
The forthcoming earnings report, scheduled for January 12, is highly anticipated. Analysts project earnings per share (EPS) of $0.76 and sales of $24.5 billion for the current quarter. These forecasts are integral for investors, providing insights into the financial health and growth potential of the company.
Growth Metrics:
-
Quarterly Growth:
- Earnings per share are anticipated to decline by -15.16% on a quarterly basis.
- Sales are also expected to experience a quarterly decline of -2.97%.
-
Annual Growth:
- On an annual basis, earnings per share are forecasted to grow by 6.59%.
- Sales are projected to exhibit an annual growth of 6.47%.
Analyzing these growth metrics is crucial for understanding the company's trajectory, identifying trends, and evaluating its overall financial performance.
In conclusion, this data provides a comprehensive snapshot of Bank of America Corp's current standing, future expectations, and the sentiment among analysts. As a seasoned expert in financial analysis, I encourage investors to consider these factors in conjunction with their own risk tolerance and investment objectives when making decisions in the dynamic landscape of the stock market.
