A share price of Bank Of America Corp [BAC] is currently trading at $41.65, up 0.51%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BAC shares have gain 5.15% over the last week, with a monthly amount drifted -11.31%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bank Of America Corp [NYSE: BAC] stock has seen the most recent analyst activity on March 07, 2025, when Robert W. Baird upgraded its rating to a Outperform and also boosted its price target to $50 from $45. Previously, UBS upgraded its rating to Buy on January 07, 2025, and elevated its price target to $53. On January 07, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $50 on the stock. Morgan Stanley downgraded its rating to a Equal-Weight and increased its price target to $55 on December 09, 2024. Citigroup upgraded its rating to a Buy and raised its price target to $54 on November 08, 2024. Deutsche Bank upgraded its rating to Buy for this stock on September 03, 2024, but kept the price target unchanged to $45. In a note dated July 09, 2024, Piper Sandler upgraded an Neutral rating on this stock and boosted its target price from $37 to $42.
Bank Of America Corp experienced fluctuations in its stock price throughout the past year between $34.15 and $48.08. Currently, Wall Street analysts expect the stock to reach $50.2 within the next 12 months. Bank Of America Corp [NYSE: BAC] shares were valued at $41.65 at the most recent close of the market. An investor can expect a potential return of 20.53% based on the average BAC price forecast.
Analyzing the BAC fundamentals
Trailing Twelve Months sales for Bank Of America Corp [NYSE:BAC] were 198.93B which represents 7.56% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.29%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.23.
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 41.35 points at the first support level, and at 41.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.89, and for the 2nd resistance point, it is at 42.13.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Bank Of America Corp [NYSE:BAC] is 0.95. Considering the valuation of this stock, the price to sales ratio is 1.59, the price to book ratio is 1.16 and price to earnings (TTM) ratio is 12.96.
Transactions by insiders
Recent insider trading involved BANK OF AMERICA CORP /DE/, 10% Owner, that happened on Mar 14 ’25 when 8100.0 shares were purchased. 10% Owner, BANK OF AMERICA CORP /DE/ completed a deal on Mar 14 ’25 to sell 8100.0 shares. Meanwhile, 10% Owner BANK OF AMERICA CORP /DE/ bought 1.0 shares on Mar 11 ’25.
