At the time of writing, Comerica, Inc [CMA] stock is trading at $65.09, up 3.28%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CMA shares have gain 4.04% over the last week, with a monthly amount drifted -2.08%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Comerica, Inc [NYSE: CMA] stock has seen the most recent analyst activity on January 07, 2025, when Goldman downgraded its rating to a Neutral but kept the price target unchanged to $71 for it. On November 15, 2024, upgrade upgraded it’s rating to Equal Weight but maintained its price target of $73 on the stock. BofA Securities downgraded its rating to a Underperform and decreased its price target to $52 on October 07, 2024. Wedbush upgraded its rating to a Outperform and raised its price target to $75 on September 24, 2024. Keefe Bruyette upgraded its rating to Outperform for this stock on September 05, 2024, but kept the price target unchanged to $69. In a note dated July 22, 2024, Truist downgraded an Hold rating on this stock and revised its target price from $55 to $53.
For the past year, the stock price of Comerica, Inc fluctuated between $45.32 and $73.45. Currently, Wall Street analysts expect the stock to reach $65.92 within the next 12 months. Comerica, Inc [NYSE: CMA] shares were valued at $65.09 at the most recent close of the market. An investor can expect a potential return of 1.28% based on the average CMA price forecast.
Analyzing the CMA fundamentals
According to Comerica, Inc [NYSE:CMA], the company’s sales were 4.99B for trailing twelve months, which represents an -9.88% plunge. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.38%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.31 points at the first support level, and at 63.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.93, and for the 2nd resistance point, it is at 66.78.
Ratios To Look Out For
It is important to note that Comerica, Inc [NYSE:CMA] has a current ratio of 0.30. Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 1.24 and price to earnings (TTM) ratio is 16.27.
Transactions by insiders
Recent insider trading involved Bailey Corey R, Executive Vice President, that happened on Dec 02 ’24 when 1857.0 shares were sold. Officer, Bailey Corey R completed a deal on Dec 02 ’24 to buy 1857.0 shares. Meanwhile, Executive Vice President Fleming Allysun C sold 1392.0 shares on Nov 07 ’24.
