Bank Of America Corp [BAC] stock is trading at $38.32, up 3.79%. An important factor to consider is whether the stock is rising or falling in short-term value. The BAC shares have gain 4.50% over the last week, with a monthly amount drifted -9.77%, 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 April 07, 2025, when Morgan Stanley upgraded its rating to a Overweight but kept the price target unchanged to $47 for it. Previously, Robert W. Baird upgraded its rating to Outperform on March 07, 2025, and elevated its price target to $50. On January 07, 2025, upgrade upgraded it’s rating to Buy and revised its price target to $53 on the stock. HSBC Securities upgraded its rating to a Buy but stick to its price target of $50 on January 07, 2025. Morgan Stanley downgraded its rating to a Equal-Weight and raised its price target to $55 on December 09, 2024. Citigroup upgraded its rating to Buy for this stock on November 08, 2024, and upped its price target to $54. In a note dated September 03, 2024, Deutsche Bank upgraded an Buy rating on this stock but restated the target price of $45.
Bank Of America Corp [BAC] stock has fluctuated between $33.06 and $48.08 over the past year. Currently, Wall Street analysts expect the stock to reach $51.25 within the next 12 months. Bank Of America Corp [NYSE: BAC] shares were valued at $38.32 at the most recent close of the market. An investor can expect a potential return of 33.74% based on the average BAC price forecast.
Analyzing the BAC fundamentals
Bank Of America Corp [NYSE:BAC] reported sales of 196.53B for the trailing twelve months, which represents a drop of -4.86%. 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 37.65 points at the first support level, and at 36.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.74, and for the 2nd resistance point, it is at 39.16.
Ratios To Look Out For
For context, Bank Of America Corp’s Current Ratio is 0.98. Considering the valuation of this stock, the price to sales ratio is 1.47, the price to book ratio is 1.05 and price to earnings (TTM) ratio is 11.44.
Transactions by insiders
Recent insider trading involved BANK OF AMERICA CORP /DE/, 10% Owner, that happened on Apr 16 ’25 when 2103.0 shares were purchased. 10% Owner, BANK OF AMERICA CORP /DE/ completed a deal on Apr 09 ’25 to buy 13.0 shares. Meanwhile, 10% Owner BANK OF AMERICA CORP /DE/ sold 13.0 shares on Apr 09 ’25.
