Bank of America’s stock closed at $47.50, up 1.06%, outperforming the S&P 500. The stock has gained 12.2% in the past month. Analysts expect earnings of $0.80 per share in the upcoming report, with revenue of $25.25 billion. Recent estimate revisions show positive analyst sentiment, with a Zacks Rank of #3 (Hold).

Bank of America’s valuation includes a Forward P/E ratio of 14.38, lower than the industry average of 17.15. The PEG ratio stands at 1.59, slightly higher than the industry average. The Financial – Investment Bank industry ranks in the top 17% of all industries, with a Zacks Industry Rank of 42. Monitor these metrics on Zacks.com for future trading sessions.

Zacks Research Chief identifies a stock with the potential to double in value. This innovative financial firm has a large customer base and cutting-edge solutions, making it a top pick for significant gains. Download the report to see this stock and four other potential runners up for substantial growth opportunities.

Read more at Nasdaq: Bank of America (BAC) Rises Higher Than Market: Key Facts