LTN’s Feature Stock of the Day: Bank of New York Mellon Corp. (NYSE:BK)

LTN’s Feature Stock of the Day: Bank of New York Mellon Corp. (NYSE:BK)

LTN’s Feature Stock of the Day: Bank of New York Mellon Corp. (NYSE:BK)


The Bank of New York Mellon Corporation (NYSE:BK) will report its next earnings on 19 January 2017

The company reported the earnings of 0.90/Share in the last Quarter where the estimated EPS by analysts was 0.81/share. The difference between the expected and actual EPS was 0.09/share, which represents an Earnings Surprise of 11.11%

Lots of fellow analysts are providing their estimated earnings analysis for The Bank of New York Mellon, and for the current Quarter 18 of them forecast that the stock could give an average earnings estimate of 0.77 on the high side and 0.74/share on the low.

HeffX-LTN’s earning’s estimate is 0.82/share.

On revenue estimates, 15 analysts have the consensus average revenue estimates for BK at  3.85-B. According to these analysts the low  is 3.79-B and the high is 3.91-B Vs of 3.72-B last year.

On growth estimates for this Quarter: the call is 13.2%, and next Quarter growth of 10.8%.

For the next 5 years, BK is expecting growth of 11.2% per annum Vs the past 5 years the growth was 9.99% per annum.

The Market Cap of BK is 50.18-B.

No analysts have rated the stock as Strong buy, 10 analysts have given a Buy signal, 9 said it’s a Hold, 0 reported it as Underperform and 0 analysts rated the stock as Sell according to the data.

Ahead of this Q’s earnings report the stock is being sold to the point of being oversold by Key indicator.

The price targets: 18 Analysts reported that the price target for The Bank of New York Mellon Corp might touch 57 high in Y 2017, while the average price target is 46.

There is heavy overhead resistance at 47.65, beyond  that it is light to NIL.

BK has 52-wk trading range of 49.54 – 32.20. The high was marked on 8 December 2016

The Bank of New York Mellon P/E Ratio is 16.16 and forward P/E Ratio of 13.56, so it has room to move higher

The company shows its Return on Assets (ROA) value of 0.8%, the Return on Equity (ROE) value stands at 8.9%, and Return on Investment (ROI) value is 3.2%.

Symbol Last Trade Date Change Open High Low Volume
NYSE:BK 46.43 Jan-17-2017 -1.31 47.38 47.46 46.38 5,231,554
HeffX-LTN Analysis for BK: Overall Short Intermediate Long
Neutral (-0.01) Neutral (-0.02) Bearish (-0.27) Bullish (0.25)

Stay Tuned…

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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