Bank Of New York Mellon Corp (BK) concluded trading on Wednesday at a closing price of $75.73, with 5.15 million shares of worth about $389.81 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -1.02% during that period and on April 16, 2025 the price saw a loss of about -2.62%. Currently the company’s common shares owned by public are about 715.43M shares, out of which, 713.19M shares are available for trading.
Stock saw a price change of -4.56% in past 5 days and over the past one month there was a price change of -8.36%. Year-to-date (YTD), BK shares are showing a performance of -1.43% which increased to 37.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $52.64 but also hit the highest price of $90.34 during that period. The average intraday trading volume for Bank Of New York Mellon Corp shares is 4.47 million. The stock is currently trading -5.75% below its 20-day simple moving average (SMA20), while that difference is down -9.24% for SMA50 and it goes to 0.10% higher than SMA200.
Bank Of New York Mellon Corp (NYSE: BK) currently have 715.43M outstanding shares and institutions hold larger chunk of about 89.24% of that.
The stock has a current market capitalization of $54.18B and its 3Y-monthly beta is at 1.06. PE ratio of stock for trailing 12 months is 12.34, while it has posted earnings per share of $6.14 in the same period. Its PEG reads 0.97 while making debt-to-equity ratio of 1.64. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BK, volatility over the week remained 4.41% while standing at 3.95% over the month.
Stock’s fiscal year EPS is expected to rise by 16.43% while it is estimated to increase by 12.17% in next year. EPS is likely to grow at an annualized rate of 12.71% for next 5-years, compared to annual growth of 5.14% made by the stock over the past 5-years.
Coverage by Morgan Stanley stated Bank Of New York Mellon Corp (BK) stock as an Overweight in their note to investors on December 09, 2024, suggesting a price target of $94 for the stock. On September 23, 2024, Deutsche Bank Upgrade their recommendations, while on July 15, 2024, Citigroup Downgrade their ratings for the stock with a price target of $65. Stock get an Outperform rating from Keefe Bruyette on June 27, 2024.
