Christopher & Banks Corporation (CBK) reported quarterly earnings results on Tuesday, Aug-30-2016. They also projected Low Price Target as $15 while High Price Target is set at $20.
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Bank of America (BAC), like most other banks, stands to benefit from an interest rate hike. According to the SEC, on Dec 18, 2015, Luke Komarek (SVP, General Counsel) purchased 4,500 shares at $1.14 per share price. Institutional ownership in the company is 63.10% while the short ratio is 1.14.
EPS in next five year years is expected to touch 7.39% while EPS growth in past 5 year was 40.60% along with sales growth of -8.00% in the last five years. Its weekly performance is 0.75% while year to date (YTD) performance is 6.87%. At present, 0 analysts recommended Selling these shares while 7 recommended Hold, according to FactSet data. State of Tennessee Treasury Department now owns 9,738,232 shares of the financial services provider’s stock valued at $163,894,000 after buying an additional 601,931 shares during the last quarter. Bank of America Corp makes up approx 0.15% of American Research Management’s portfolio. During the same quarter in the previous year, the company posted $-0.02 EPS.
As the incomes measures, firm has operation margin of 71.00% in the following twelve months with net profit margin of positive 26.10%. (NYSE:BAC) opened at 15.84 on Monday. Bank of America didn’t previously have an annual expense goal, but this was $3.3 billion less than its total expenses in the previous year. GME market capitalization is $2.69B with 20000 employees. The firm’s 50-day moving average price is $1.99 and its 200 day moving average price is $2.14. The company reported its last earnings on Jul 18 BMO and will report its next earnings on 17-Oct-16. The business had revenue of $20.60 million for the quarter, compared to the consensus estimate of $20.41 billion.
Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. During the same quarter a year ago, the business earned $0.45 EPS.
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Insiders own 0% percent of the stock. The share price is now at 27.03% for the past six months. Macquarie raised shares of Bank of America Corp. from an underperform rating to a neutral rating in a research report on Thursday, August 25th. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal.
