They expect $0.47 EPS, up 14.63% or $0.06 from last year's $0.41 per share. The stock decreased 1.04% or $0.67 during the last trading session, reaching $63.78.
About 1.52 million shares traded. IDEXX Laboratories, Inc. (NASDAQ:IDXX) has risen 83.30% since October 11, 2016 and is uptrending. It has outperformed by 0.16% the S&P500.
Private Asset Management Inc increased Under Armour Inc Cl C stake by 16,316 shares to 112,148 valued at $2.26 million in 2017Q2. It also reduced Meta Finl Group Inc (NASDAQ:CASH) stake by 116,000 shares and now owns 308,732 shares. Torchmark Corp (NYSE:TMK) was reduced too. Hollencrest Secs Limited Liability Corporation accumulated 148,099 shares or 0.54% of the stock. Therefore 75% are positive. Progressive had 43 analyst reports since August 6, 2015 according to SRatingsIntel.
10/9/2017-Citigroup Inc. Reiterated Rating of Neutral. Keefe, Bruyette & Woods reissued an "outperform" rating on shares of Bank of America Corporation in a research note on Tuesday, July 4th. The company was upgraded on Wednesday, August 26 by UBS. The rating was maintained by BMO Capital Markets with "Hold" on Tuesday, July 18. The firm earned "Buy" rating on Wednesday, January 4 by Goldman Sachs. As per Wednesday, April 19, the company rating was maintained by Wells Fargo. The stock of Bank of America Corp (NYSE:BAC) has "Neutral" rating given on Monday, October 9 by Citigroup.
Jefferies Group also issued estimates for Bank of America Corporation's FY2017 earnings at $1.83 EPS, Q1 2018 earnings at $0.45 EPS, Q2 2018 earnings at $0.54 EPS, Q3 2018 earnings at $0.57 EPS and Q4 2018 earnings at $0.57 EPS. For the most recent quarter, quick ratio was 0, current ratio was 0, LT Debt/Equity ratio was 0.83 and Total Debt/Equity ratio stands at 1.85, while Payout ratio is 0.168. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.86%. State Of New Jersey Common Pension Fund D invested in 1.3% or 13.03M shares.
Bank of America has approximately 10.55 billion shares outstanding, of which 99.62% is float. Fmr Limited Liability has invested 0.02% of its portfolio in Apollo Global Management LLC (NYSE:APO). 530.91 million shares or 0.81% less from 535.24 million shares in 2017Q1 were reported.
Bank of America has an average target price of $27.50 per share. Centers Of America reported 210,143 shares. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.03. Jane Street Ltd Company reported 0% of its portfolio in Apollo Global Management LLC (NYSE:APO). Principal Fincl Group owns 19.23M shares or 0.47% of their U.S. portfolio. Cetera Advisor Netwr Ltd Com, California-based fund reported 134,211 shares. Altavista Wealth Mngmt Inc invested in 10,199 shares. Moreover, Polaris Capital Management Llc has 0.3% invested in the company for 369,955 shares. Strategic Advsrs Ltd Liability stated it has 163,599 shares.
Investors sentiment increased to 1.19 in Q2 2017. Its down 0.25, from 0.97 in 2017Q1. It dived, as 79 investors sold BAC shares while 543 reduced holdings.
Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.
Bank of America Corporation (NYSE:BAC) last posted its quarterly earnings data on Tuesday, July 18th. Invsts Asset Of Georgia Incorporated Ga Adv owns 60,649 shares. Todd Asset Ltd Co invested in 0.68% or 983,900 shares.
Colony Bankcorp, Inc.is a bank holding company. (MRK) stake by 38.7% reported in 2017Q2 SEC filing. State Treasurer State Of Michigan has 3.27 million shares for 0.6% of their portfolio.
Analysts await Bank of America Corp (NYSE:BAC) to report earnings on October, 13 before the open. University Of Notre Dame Du Lac owns 177,108 shares for 1.27% of their portfolio. Manikay Prtnrs Limited Liability Corporation reported 6.96% of its portfolio in Bank of America Corp (NYSE:BAC). Patten & Patten Tn owns 232,724 shares.
The most important metrics on Bank of America's profitability tell that the net profit margin (ttm) is about 18.5% versus an industry average of 18.37% and versus a sector average of 83.35%; the loan-assets ratio is 40.18% (as you can see in the chart below); and the ROA (Return on Assets) is 0.80% versus an industry average of 4.42% and a sector average of 8.07%.
Bank of America Corporation (BAC)'s RSI (Relative strength index) is at 61.55, its ATR (Average True Range) value is 0.4, while its Beta factor was calculated at 1.3. Therefore 66% are positive.
Bank of America Corporation (BAC) has an Analysts' Mean Recommendation of 2.1. The firm earned "Mkt Perform" rating on Wednesday, November 25 by Raymond James.
8/11/2017-Jefferies Group LLC Reiterated Rating of Buy. The firm has "Outperform" rating given on Friday, January 29 by CLSA. The company realized a rise in short interest between September 15, 2017 and September 29, 2017 of 13.89%. The stock of Bank of America Corp (NYSE:BAC) has "Buy" rating given on Friday, August 11 by Jefferies. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. The correct version of this story can be read at https://www.dispatchtribunal.com/2017/10/11/bank-of-america-corporation-bac-rating-increased-to-hold-at-vetr-inc.html.