Home / Business / Consumer Good Stock Revamps on Analysis Views: Bank of America Corporation (NYSE:BAC), AEGON N.V. (NYSE:AEG)

Consumer Good Stock Revamps on Analysis Views: Bank of America Corporation (NYSE:BAC), AEGON N.V. (NYSE:AEG)

Shares of Bank of America Corporation (NYSE:BAC) [Trend Analysis] swings enthusiastically in regular trading session, it a gain of 1.05% to close at $16.30. Finally to see some strong financial remarks by WSJ over BAC performance. Out of the pool of analysts 21 gave their BUY ratings on the stock in previous month as 20 analysts having BUY in current month.   Majority ranked Overweight from the pool of analysts.

Bank of America Corp. (NYSE:BAC) recently issued its quarterly earnings results. The financial services provider reported $0.28 EPS for the quarter, beating the consensus estimate of $0.21 by $0.07. Bank of America Corp. had a net margin of 16.31% and a return on equity of 6.23%. The firm also recently reported a quarterly dividend, which was paid on Friday, September 23rd. Investors of record on Friday, September 2nd were given a dividend of $0.075 per share. This represents a $0.30 annual dividend and a yield of 1.85%. The ex-dividend date was Wednesday, August 31st. This is a positive change from Bank of America Corp.’s previous quarterly dividend of $0.05. Bank of America Corp.’s dividend payout ratio (DPR) is presently 24.59%.

The next year first quarter EPS estimates trend for current period shows $0.34 while one month ago this estimate trend was for $0.33. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $1.54 and for the one month was for $1.55 as compared to three months ago was for $1.53. Whereas, BAC received highest price target of 20.00 and low target of 15.00. The stock price target chart showed average price target of 17.64 as compared to current price of 16.30.

Moving forward to saw long-term intention, the experts calculate Return on Investment of 4.40%. The stock is going forward its fifty-two week low with 50.08% and lagging behind from its 52-week high price with -8.57%. BAC last month stock price volatility remained 2.00%.

AEGON N.V. (NYSE:AEG) [Trend Analysis] retains strong position in active trade, as shares scoring -0.97% to $4.08 in a active trade session, while looking at the shares volume, around 3.34 Million shares have changed hands in this session. Finally, analysts shed their light over the AEG price targets; maintaining price high target of 6.71 while at average the price target was 4.72 in contrast with the current price of 4.08. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 6 analysts recommending BUY ratings for current month and for previous month 7 stands on similar situation; while 10 for the current month as compared to 11 analysts recommending for HOLD from the pool for previous month. While 1 stands at overweight and 5 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Hold .

The firm has institutional ownership of 8.60%, while insider ownership included 10.10%. AEG attains analyst recommendation of 3.00 with week’s performance of 5.97%. Investors looking further ahead will note that the Price to next year’s EPS is 109.67%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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