Revenue Estimates Analysis Bank of America Corporation (BAC)

Sell side analysts plays vital role in buying and selling a stock where 6 analysts rated Bank of America Corporation (NYSE:BAC) as Buy, 0 analysts given Outperform signal, 3 reported Hold, and 0 analysts rated the stock as Sell. The J-P Marvel Investment Advisors Llc holds 279,654 shares with $7.09M value, up from 174,965 last quarter.

Shares of Bank of America Corp (NYSE BAC) traded up $0.35 during trading on Wednesday, reaching $30.62. The company's stock had a trading volume of 30,413,606 shares, compared to its average volume of 60,049,969. About 63.53M shares traded. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange. It has outperformed by 41.94% the S&P500. The company has market cap of $3.11 billion. About 689,406 shares traded. It is down 123.64% since January 11, 2017 and is uptrending. It has underperformed by 5.47% the S&P500. Shareholders of record on Friday, December 1st were given a $0.12 dividend. It fall, as 68 investors sold BAC shares while 569 reduced holdings. After $0.48 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.17% negative EPS growth. According to these analysts, the Low Revenue Estimate for Bank of America Corporation is 20.99 Billion and the High Revenue Estimate is 22.14 Billion. Interocean Lc owns 319,490 shares for 1.2% of their portfolio. Gardner Russo & Gardner Llc acquired 80,331 shares as Brown (BF.B)'s stock 0.00%.

Analysts expect Kornit Digital Ltd. (NASDAQ:KRNT) to report $0.02 EPS on February, 13.They anticipate $0.11 EPS change or 84.62% from last quarter's $0.13 EPS. Mariner Wealth Advsrs Limited Liability Company reported 121,504 shares. 34,038 are held by Folger Nolan Fleming Douglas Cap Mgmt. Signature Fincl has 0.17% invested in Bank of America Corporation (NYSE:BAC) for 27,342 shares. Manatuck Hill Prtnrs Limited Liability reported 1.68% stake. Moreover, Diamond Hill Mgmt has 0% invested in Bank of America Corporation (NYSE:BAC) for 10,046 shares. Sector Pension Board owns 7.20 million shares or 0.79% of their U.S. portfolio. Acg Wealth holds 0.35% or 78,463 shares in its portfolio. Balyasny Asset Mngmt Ltd Liability Corp has 0.53% invested in Bank of America Corporation (NYSE:BAC). Therefore 66% are positive.

Several analysts are forecasting growth estimate of Bank of America Corporation for the current quarter to be 10%. Westpac Banking stated it has 0.59% of its portfolio in Bank of America Corporation (NYSE:BAC). Nomura upgraded Bank of America Corporation (NYSE:BAC) on Tuesday, September 8 to "Buy" rating. Horseman Capital Management Ltd bought 58,300 shares as the company's stock declined 8.98% while stock markets rallied. The firm has "Outperform" rating by Oppenheimer given on Saturday, September 5. The rating was downgraded by Robert W. Baird to "Neutral" on Wednesday, November 16. The rating was maintained by Keefe Bruyette & Woods with "Buy" on Tuesday, October 3. The rating was maintained by Wells Fargo on Friday, June 23 with "Buy". The stock has "Hold" rating by Deutsche Bank on Tuesday, November 8. BAC's profit will be $4.80B for 16.60 P/E if the $0.46 EPS becomes a reality.

Eulav Asset Management decreased Wix Com Ltd (NASDAQ:WIX) stake by 4,500 shares to 10,300 valued at $740,000 in 2017Q3. It also increased its holding in Wpx Energy Inc (NYSE:WPX) by 563,272 shares in the quarter, for a total of 12.95 million shares, and has risen its stake in Mfa Finl Inc (NYSE:MFA).

More news: Girl Scout cookie sales begin February 2

Since August 10, 2017, it had 0 insider purchases, and 1 sale for $2.10 million activity.

Among 26 analysts covering Verizon Communications Inc. Therefore 0 are positive. Republic Services had 36 analyst reports since August 19, 2015 according to SRatingsIntel. Societe Generale has "Hold" rating and $33.0 target. Zacks upgraded it to "Hold" rating and $53 target in Friday, August 14 report. The rating was maintained by Cowen & Co on Thursday, July 13 with "Hold". Bernstein downgraded the stock to "Market Perform" rating in Thursday, April 7 report. Genesis Energy, L.P. (GEL) has declined 14.17% since January 11, 2017 and is downtrending. The firm has "Equal-Weight" rating given on Thursday, October 22 by Barclays Capital. The firm has "Buy" rating by KBW given on Tuesday, September 1. Cowen & Co maintained Verizon Communications Inc. In the past year there have been a total of 59 insider trades, including 8 open market buys and 51 sells.

Investors sentiment decreased to 0.99 in 2017 Q3. Its the same as in 2017Q2. It dived, as 61 investors sold Sysco Corporation shares while 345 reduced holdings. Lazard Asset Management owns 172,349 shares. Egerton Capital (Uk) Llp owns 16.51 million shares. 148,804 are owned by Advisory Network Lc. Fuller & Thaler Asset Incorporated reported 0.59% in Hyster-Yale Materials Handling, Inc. (NYSE:HY). Morgan Dempsey Cap Ltd Liability Co has invested 0.55% in Hyster-Yale Materials Handling, Inc. Park Oh has invested 1.3% in Bank of America Corporation (NYSE:BAC).

Horseman Capital Management Ltd, which manages about $449.90 million US Long portfolio, decreased its stake in Vale Sa (NYSE:VALE) by 81,700 shares to 3.12 million shares, valued at $31.40 million in 2017Q3, according to the filing. 17,600 are held by Leavell Invest Inc. (NYSE:HY) for 12,600 shares. It shows a stock price recent trends and movement that can help investor and traders in trading. (NYSE:RSG) for 1.21M shares. Kbc Group Nv holds 6.71 million shares.

The top 5 institutional holders, in ascending order, are as follows: BERKSHIRE HATHAWAY INC with 679 million shares, BLACKROCK INC. with 666.87 million shares, VANGUARD GROUP INC with 663.61 million shares, STATE STREET CORP with 434.19 million shares, and FMR LLC with 324.94 million shares. Private Grp invested 1.36% of its portfolio in Verizon Communications Inc. Daiwa Sb Invs holds 0.01% or 580 shares. Nationwide Fund holds 39,828 shares.

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