Stock Research Report for BAC as of 8/17/11 - Chaikin Power Tools

Page 1

Bank Of Amer Cp (BAC)

Price: $7.40

Industry: Banks-Major Chaikin Power Gauge Report | Generated: Wed Aug 17 10:46 EDT 2011 BAC Bank Of Amer Cp

$7.40

Power Gauge Rating

BAC - Bearish TM

The Chaikin Power Gauge Rating for BAC is bearish due to weak earnings performance and negative expert opinions. The rating also reflects attractive financial metrics.

Financial Metrics

BAC's earnings performance is weak as a result of inconsistent earnings over the past 5 years.

Earnings Performance

Expert opinions about BAC are negative which is evidenced by analysts revising earnings estimates downward.

Price/Volume Activity

Expert Opinions

News Sentiment Rating

Bearish BAC Bank Of Amer ..

August 17, 2011

TM

Chaikin Sentiment Gauge for BAC is bearish. There is currently a significant negative sentiment within news stories concerning BAC.

News Sentiment :Negative

Power Trend - 5 Year Chart

The Power Gauge distills a 20 factor model into a concise picture of a stock's potential.

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High Potential

Neutral

Low Potential

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Financials & Earnings

Financial Metrics

Financial Metrics Rating

Bullish

LT Debt/Equity Ratio

BAC's financial metrics are very good. The company may be undervalued and generates high free cash flow relative to market capitalization.

Price to Book Value

The rank is based on a high long term debt to equity ratio, low price to book value, low return on equity, high price to sales ratio and relatively high cash flow.

Return on Equity

Price to Sales Ratio

Business Value

Assets and Liabilities

Valuation

Returns

Ratio

TTM

Ratio

TTM

Ratio

Current Ratio

1.02

Price/Book

0.36

Return on Invest

-0.4%

LT Debt/Equity

2.12

Price/Sales

0.56

Return on Equity

-1.4%

Earnings Performance

TTM

Earnings Performance Rating

Bearish

Earnings Growth

BAC's earnings performance has been weak. The company has an erratic 5 year earnings trend and has not met analysts' earnings estimates.

Earnings Surprise

The rank is based on worse than expected earnings in recent quarters, a relatively low projected P/E ratio and inconsistent earnings over the past 5 years.

Earnings Trend

Projected P/E Ratio

Earnings Consistency

5 Year Revenue and Earnings Growth

Revenue(M) Rev % Growth EPS EPS % Growth

EPS Estimates

12/06

12/07

12/08

12/09

12/10

117,017.00

66,319.00

72,782.00

150,450.00

134,194.00

-

-43.33%

9.75%

106.71%

-10.80%

$4.66

$3.35

$0.56

$-0.28

$-0.37

10.69%

-28.11%

-83.28%

-150.00%

-32.14%

EPS Surprise

Factor

Actual EPS Prev

EST EPS Current

Change

$-0.77

$0.23

+1.00

Quarterly EPS Yearly EPS Factor

$-0.37

$-0.23

+0.14

Actual EPS Growth

Est EPS Growth

Change

15.58%

7.80%

-7.78

3-5 year EPS

EPS Quarterly Results Estimate

Actual

Difference

% Difference

FY

Qtr 1

Qtr 2

Qtr 3

Qtr 4

Total

Latest Qtr

$-0.91

$-0.90

$0.01

1 Qtr Ago

$0.27

$0.17

$-0.10

1.10

12/09

$0.44

$0.33

$-0.26

$-0.60

$-0.09

-37.04

12/10

$0.28

$0.28

$-0.77

$-0.16

$-0.37

2 Qtr Ago

$0.19

$0.04

$-0.15

-78.95

3 Qtr Ago

$0.16

$0.27

$0.11

68.75

12/11

$0.17

$-0.90

-

-

-

Fiscal Year End Month is December.

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Price Trend & Expert Opinions Price/Volume Activity

Price/Volume Activity Rating

Neutral

Relative Strength vs Market

Chaikin Money Flow

Price and volume activity for BAC is neutral. BAC is in an accelerating price trend compared to 4 months ago and has underperformed the S&P 500 over 26 weeks.

Price Trend

The rank for BAC is based on its relative weakness versus the market, negative Chaikin money flow, a negative Chaikin price trend, a positive Chaikin price trend ROC and an increasing volume trend.

Price Trend ROC

Volume Trend

Relative Strength vs S&P500 Index

Chaikin Money Flow

Chart shows whether BAC is performing better or worse than the market.

Chaikin Money Flow analyzes supply and demand for a company's stock.

Price Activity

Price Activity

Volume Activity

Factor

Value

Factor

52 Week High

15.25

% Change Price - 4 Weeks

-22.68%

Average Volume 20 Days

277,432,896

52 Week Low

6.51

% Change Price - 24 Weeks

-46.88%

Average Volume 90 Days

176,090,955

% Change Price - 4 Wks Rel to S&P

-13.99%

Chaikin Money Flow Persistency

% Change Price - 24 Wks Rel to S&P

-41.82%

% Change YTD Rel S&P 500

-42.50%

Expert Opinions

Value

Factor

Value

9%

Expert Opinions

Bearish

Earnings Estimate Revisions

Expert opinions about BAC are negative. Analysts are lowering their EPS estimates for BAC and analysts's opinions on BAC have been more negative recently.

Short Interest

Insider Activity

The rank for BAC is based on analysts revising earnings estimates downward, a low short interest ratio, insiders purchasing stock, pessimistic analyst opinions and relative weakness of the stock versus the Banks-Major industry group.

Analyst Opinions

Relative Strength vs Industry

Earnings Estimate Revisions Current Current Qtr Next Qtr

0.23 0.27 Current

Current FY

-0.23

Analyst Recommendations

7 Days Ago % Change 0.23 0.28

0.00% -3.57%

30 Days Ago % Change -0.16

-0.07

Factor Mean this Week Mean Last Week

EPS Estimates Revision Summary Value

Buy 0.00

Mean 5 Weeks Ago

Buy

Last 4 Weeks

Down

Up

Down

Curr Qtr

0

3

1

12

Curr Yr

0

4

0

11

Next Qtr

0

4

1

13

Next Yr

0

4

0

18

Buy

Change

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Last Week Up

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The Company & Its Competitors

News Headlines for BAC

BAC's Competitors in Banks-Major Historic EPS growth

Projected EPS growth

Profit Margin

PEG

PE

Revenue(M)

DealBook: With Bank Failures Mounting, Some Complain of Harsh Exams - Aug 16, 2011

BAC

15.58%

7.80%

-14.72%

-

-

134,194

WFC

22.35%

8.33%

15.97%

1.05

9.52

93,249

DealBook: With Bank Failures Mounting, Some Complain of Harsh Exams - Aug 16, 2011

USB

4.55%

6.25%

19.73%

1.53

10.87

20,518

BBT

7.47%

6.75%

9.05%

1.75

15.30

11,072

JPM

22.29%

6.75%

19.85%

1.07

7.70

102,694

PNC

31.49%

6.67%

23.24%

1.15

7.35

17,096

2.80%

7.66%

12.35%

0.95

9.10

86,601

14.72%

7.00%

18.14%

1.31

9.13

13,875

Company

Power Gauge

C BK

Foxwoods Close to Restructuring $2 Billion Debt, Wall Street Journal Reports - Aug 16, 2011 Foxwoods Close to Restructuring $2 Billion Debt, Wall Street Journal Reports - Aug 16, 2011 BofA to sell one of its credit card units - Aug 16, 2011

Company Details

Company Profile

BANK OF AMER CP BANK OF AMERICA CORPORATE CENTER 100 N TRYON ST CHARLOTTE, NC 28255 USA Phone: 7043868486 Fax: 704-386-6699 Website: http://http://www.bankofamerica.co m Full Time Employees: 288,000 Sector: Finance

Bank of America Corp. is one of the world's leading financial services companies. Bank of America provides individuals, small businesses and commercial, corporate and institutional clients across the United States and around the world new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose.

Power Gauge Ratings are created using a relative ranking system that assigns a rank of 0 to 100 (100 being the highest) to each stock in the universe. Rank is calculated by evaluating each of the stocks factors and combining them into a single number using a weighting formula. A stock's rank ranges from 100-0, where 100 is the strongest, and a rank of 95 indicates the stock is better than 95% of the stocks in the universe. Chaikin Stock Research(CSR) is not registered as a securities broker dealer or investment advisor with either the U.S. Securities and Exchange Commission or with any state securities regulatory authority. CSR is not responsible for trades executed by users of this research report, our web site or mobile app based on the information included herein. The information presented in this report does not represent a recommendation to buy or sell stocks or any financial instrument nor is it intended as an endorsement of any security or investment. The information in this report is generic by nature and is not personalized to the specific financial situation of any individual. The user bears complete responsibility for their own investment research and should seek the advice of a qualified investment professional before making any investment decisions. Copyright (c) 1978-(Present) by ZACKS Investment Research, Inc ("ZACKS"). The information, data, analyses and opinions contained herein (1) includes the confidential and proprietary information of ZACKS, (2) may not be copied or redistributed, for any purpose, (3) does not constitute investment advice offered by ZACKS, (4) are provided solely for informational purposes, and (5) are not warranted or represented to be correct, complete, accurate or timely. ZACKS shall not be responsible for investment decisions, damages or other losses resulting from, or related to, use of this information, data, analyses or opinions. Past performance is no guarantee of future performance. ZACKS is not affiliated with Chaikin Power Tools. This report from Chaikin Power Tools is for informational purposes only and is not a recommendation to buy or sell securities.

LM 2.3 DS 3.0 LS 2.1

Data Provided by ZACKS Investment Research, Inc., www.zacks.com

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