Bank Of America Corp [BAC] stock is trading at $42.82, down -1.06%. 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 BAC shares have gain 1.45% over the last week, with a monthly amount drifted -2.55%, 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 [BAC] stock has fluctuated between $34.15 and $48.08 over the past year. 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 $42.82 at the most recent close of the market. An investor can expect a potential return of 17.23% based on the average BAC price forecast.
Analyzing the BAC fundamentals
Bank Of America Corp [NYSE:BAC] reported sales of 198.93B for the trailing twelve months, which represents a growth of 7.56%. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.23.
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 42.46 points at the first support level, and at 42.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.45, and for the 2nd resistance point, it is at 44.08.
Ratios To Look Out For
For context, Bank Of America Corp’s Current Ratio is 0.95. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 1.20 and price to earnings (TTM) ratio is 13.32.
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.
