The price of Bank Of America Corp (NYSE:BAC) shares last traded on Wall Street fell -0.55% to $48.66.
BAC stock price is now 10.34% away from the 50-day moving average and 11.99% away from the 200-day moving average. The market capitalization of the company currently stands at $366.50B.
With the price target maintained at $52, Robert W. Baird recently Downgraded its rating from Outperform to Neutral for Bank Of America Corp (NYSE: BAC). On May 15, 2025, TD Cowen recently initiated its ‘Buy’ rating on the stock quoting a target price of $53, while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, BANK OF AMERICA CORP /DE/, 10% Owner bought 111 shares of the company’s stock on Jul 02 ’25. The stock was bought for $815 at an average price of $7.34. Upon completion of the transaction, the 10% Owner now directly owns 111 shares in the company, valued at $5401.26. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 02 ’25, 10% Owner BANK OF AMERICA CORP /DE/ sold 111 shares of the business’s stock. A total of $828 was realized by selling the stock at an average price of $7.46. A total of 0.20% of the company’s stock is owned by insiders.
During the past 12 months, Bank Of America Corp has had a low of $33.06 and a high of $49.31. According to the stock market information, the enterprise value for the company is $344355373056, which is based on a 14.53 price-to-earnings ratio, a 1.02 price-to-earnings-growth ratio, and a beta of 1.32. The fifty day moving average price for BAC is $44.0992 and a two-hundred day moving average price translates $43.4489 for the stock.
The latest earnings results from Bank Of America Corp (NYSE: BAC) was released for 2025-03-31. The net profit margin was 13.28% and return on equity was 9.46% for BAC. The company reported revenue of $34.07 billion for the quarter, compared to $36.28 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.12 percent. For the current quarter, analysts expect BAC to generate $26.77B in revenue.
