A share price of Comerica, Inc [CMA] is currently trading at $67.32, down -0.06%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CMA shares have gain 6.40% over the last week, with a monthly amount glided 9.57%, and 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.
Comerica, Inc experienced fluctuations in its stock price throughout the past year between $45.32 and $73.45. Currently, Wall Street analysts expect the stock to reach $69.78 within the next 12 months. Comerica, Inc [NYSE: CMA] shares were valued at $67.32 at the most recent close of the market. An investor can expect a potential return of 3.65% based on the average CMA price forecast.
Analyzing the CMA fundamentals
Trailing Twelve Months sales for Comerica, Inc [NYSE:CMA] were 4.88B which represents -8.55% decline. Gross Profit Margin for this corporation currently stands at 0.94% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.01.
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 66.32 points at the first support level, and at 65.32 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.04, and for the 2nd resistance point, it is at 68.76.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Comerica, Inc [NYSE:CMA] is 0.13. Considering the valuation of this stock, the price to sales ratio is 1.81, the price to book ratio is 1.44 and price to earnings (TTM) ratio is 13.41.
Transactions by insiders
Recent insider trading involved McKinney Cassandra M., Officer, that happened on Jan 31 ’25 when 1630.0 shares were purchased. Executive Vice President, Bailey Corey R completed a deal on Dec 02 ’24 to sell 1857.0 shares. Meanwhile, Officer Bailey Corey R bought 1857.0 shares on Dec 02 ’24.
