Comerica Stock Buy Hold or Sell Recommendation
| CMA Stock | USD 51.56 0.90 1.78% |
Considering the 90-day investment horizon and your highly speculative risk level, our recommendation regarding Comerica is 'Buy'. Macroaxis provides Comerica buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Comerica positions. The advice algorithm takes into account all of Comerica's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Comerica's buy or sell advice are summarized below:
Real Value 50.56 | Target Price 50.05 | Hype Value 50.71 | Market Value 51.56 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Comerica given historical horizon and risk tolerance towards Comerica. When Macroaxis issues a 'buy' or 'sell' recommendation for Comerica, the advice is generated through an automated system that utilizes algorithms and statistical models.
Comerica |
Execute Comerica Buy or Sell Advice
The Comerica recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Comerica. Macroaxis does not own or have any residual interests in Comerica or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Comerica's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Comerica Trading Alerts and Improvement Suggestions
| Comerica generated a negative expected return over the last 90 days | |
| Comerica has a frail financial position based on the latest SEC disclosures | |
| Over 82.0% of the company shares are held by institutions such as insurance companies | |
| On 1st of April 2024 Comerica paid $ 0.71 per share dividend to its current shareholders | |
| Latest headline from seekingalpha.com: Disposition of 2570 shares by Bruce Mitchell of Comerica at 53.96 subject to Rule 16b-3 |
Comerica Returns Distribution Density
The distribution of Comerica's historical returns is an attempt to chart the uncertainty of Comerica's future price movements. The chart of the probability distribution of Comerica daily returns describes the distribution of returns around its average expected value. We use Comerica price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Comerica returns is essential to provide solid investment advice for Comerica.
| Mean Return | -0.04 | Value At Risk | -3.33 | Potential Upside | 2.56 | Standard Deviation | 1.98 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Comerica historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Comerica Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Comerica is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Comerica backward and forwards among themselves. Comerica's institutional investor refers to the entity that pools money to purchase Comerica's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.6 M | Vaughan Nelson Scarbrgh & Mccullough Lp | 2023-12-31 | 1.9 M | Citadel Advisors Llc | 2023-09-30 | 1.7 M | Bank Of New York Mellon Corp | 2023-12-31 | 1.5 M | Norges Bank | 2023-12-31 | 1.4 M | Thrivent Financial For Lutherans | 2023-12-31 | 1.4 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Millennium Management Llc | 2023-12-31 | 1.3 M | Azora Capital Lp | 2023-12-31 | 1.1 M | Vanguard Group Inc | 2023-12-31 | 16.9 M | Blackrock Inc | 2023-12-31 | 11.8 M |
Comerica Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.3B | 9.9B | 6.9B | (16.4B) | 3.2B | 3.4B | |
| Free Cash Flow | 1.0B | 849M | 564M | 556M | 1.1B | 783.1M | |
| Depreciation | 114M | 108M | 99M | 92M | 87M | 105.3M | |
| Other Non Cash Items | 55M | 526M | (429M) | (3M) | 45M | 42.8M | |
| Dividends Paid | 402M | 383M | 392M | 376M | (394M) | (374.3M) | |
| Capital Expenditures | 90M | 86M | 79M | 82M | 153M | 86.1M | |
| Net Income | 1.2B | 474M | 1.2B | 1.2B | 881M | 633.0M | |
| End Period Cash Flow | 5.8B | 15.8B | 22.7B | 6.3B | 9.5B | 10.0B | |
| Investments | (421M) | (4.5B) | 1.8B | (9.9B) | 355M | 372.8M | |
| Net Borrowings | 727M | (1.7B) | 2.8B | 3.7B | 4.3B | 4.5B | |
| Change To Netincome | 97M | 446M | (345M) | 30M | 27M | 25.7M |
Comerica Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Comerica or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Comerica's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Comerica stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.15 | |
β | Beta against NYSE Composite | 1.71 | |
σ | Overall volatility | 2.02 | |
Ir | Information ratio | -0.05 |
Comerica Volatility Alert
Comerica exhibits very low volatility with skewness of -0.62 and kurtosis of 1.18. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Comerica's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Comerica's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Comerica Implied Volatility
Comerica's implied volatility exposes the market's sentiment of Comerica stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Comerica's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Comerica stock will not fluctuate a lot when Comerica's options are near their expiration.
Comerica Fundamentals Vs Peers
Comparing Comerica's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Comerica's direct or indirect competition across all of the common fundamentals between Comerica and the related equities. This way, we can detect undervalued stocks with similar characteristics as Comerica or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Comerica's fundamental indicators could also be used in its relative valuation, which is a method of valuing Comerica by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Comerica to competition |
| Fundamentals | Comerica | Peer Average |
| Return On Equity | 0.15 | -0.31 |
| Return On Asset | 0.0103 | -0.14 |
| Profit Margin | 0.25 % | (1.27) % |
| Operating Margin | 0.27 % | (5.51) % |
| Current Valuation | 7.97 B | 16.62 B |
| Shares Outstanding | 132.49 M | 571.82 M |
| Shares Owned By Insiders | 0.77 % | 10.09 % |
| Shares Owned By Institutions | 82.00 % | 39.21 % |
| Number Of Shares Shorted | 4.61 M | 4.71 M |
| Price To Earning | 11.70 X | 28.72 X |
| Price To Book | 1.13 X | 9.51 X |
| Price To Sales | 1.94 X | 11.42 X |
| Revenue | 5.29 B | 9.43 B |
| Gross Profit | 3.47 B | 27.38 B |
| EBITDA | (4 M) | 3.9 B |
| Net Income | 881 M | 570.98 M |
| Cash And Equivalents | 5.97 B | 2.7 B |
| Cash Per Share | 45.60 X | 5.01 X |
| Total Debt | 9.77 B | 5.32 B |
| Debt To Equity | 8.51 % | 48.70 % |
| Book Value Per Share | 45.58 X | 1.93 K |
| Cash Flow From Operations | 1.25 B | 971.22 M |
| Short Ratio | 1.84 X | 4.00 X |
| Earnings Per Share | 6.44 X | 3.12 X |
| Price To Earnings To Growth | 0.32 X | 4.89 X |
| Target Price | 59.08 | |
| Number Of Employees | 7.5 K | 18.84 K |
| Beta | 1.28 | -0.15 |
| Market Capitalization | 6.71 B | 19.03 B |
| Total Asset | 85.83 B | 29.47 B |
| Retained Earnings | 11.73 B | 9.33 B |
| Annual Yield | 0.06 % | |
| Five Year Return | 3.56 % |
Note: Disposition of 2570 shares by Bruce Mitchell of Comerica at 53.96 subject to Rule 16b-3 [view details]
Comerica Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Comerica . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 67524.28 | |||
| Daily Balance Of Power | 0.604 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 51.43 | |||
| Day Typical Price | 51.47 | |||
| Price Action Indicator | 0.59 | |||
| Period Momentum Indicator | 0.9 |
About Comerica Buy or Sell Advice
When is the right time to buy or sell Comerica? Buying financial instruments such as Comerica Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.8B | 6.2B | 9.8B | 6.7B | Total Assets | 94.6B | 85.4B | 85.8B | 59.4B |
Use Investing Ideas to Build Portfolios
In addition to having Comerica in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Restaraunts Hotels Motels
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Restaraunts Hotels Motels theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Check out Comerica Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Comerica Stock refer to our How to Trade Comerica Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Comerica Stock analysis
When running Comerica's price analysis, check to measure Comerica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comerica is operating at the current time. Most of Comerica's value examination focuses on studying past and present price action to predict the probability of Comerica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comerica's price. Additionally, you may evaluate how the addition of Comerica to your portfolios can decrease your overall portfolio volatility.
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Is Comerica's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comerica. If investors know Comerica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comerica listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.92) | Dividend Share 2.84 | Earnings Share 6.44 | Revenue Per Share 26.538 | Quarterly Revenue Growth (0.22) |
The market value of Comerica is measured differently than its book value, which is the value of Comerica that is recorded on the company's balance sheet. Investors also form their own opinion of Comerica's value that differs from its market value or its book value, called intrinsic value, which is Comerica's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comerica's market value can be influenced by many factors that don't directly affect Comerica's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comerica's value and its price as these two are different measures arrived at by different means. Investors typically determine if Comerica is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comerica's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.