Bank Of New York Mellon Corp (BK) concluded trading on Thursday at a closing price of $78.72, with 4.9 million shares of worth about $385.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.74% during that period and on April 24, 2025 the price saw a gain of about 1.27%. Currently the company’s common shares owned by public are about 715.43M shares, out of which, 713.26M shares are available for trading.
Stock saw a price change of 3.95% in past 5 days and over the past one month there was a price change of -7.66%. Year-to-date (YTD), BK shares are showing a performance of 2.46% which increased to 37.72% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $56.08 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 4.41 million. The stock is currently trading 0.43% above its 20-day simple moving average (SMA20), while that difference is down -4.61% for SMA50 and it goes to 3.48% higher than SMA200.
Bank Of New York Mellon Corp (NYSE: BK) currently have 715.43M outstanding shares and institutions hold larger chunk of about 89.26% of that.
The stock has a current market capitalization of $56.32B and its 3Y-monthly beta is at 1.05. PE ratio of stock for trailing 12 months is 12.83, while it has posted earnings per share of $6.14 in the same period. Its PEG reads 1.01 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 2.56% while standing at 4.13% 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.
