Bank of New York Story

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BK -- USA Stock  

USD 43.42  0.84  1.90%

Bank of New York is scheduled to announce its earnings today. The next earnings report is expected on the 15th of April 2021. The stock continues to go through an active downward rally. As many retail investors are getting excited about financial services space, it is fair to examine Bank Of New outlook under the recent economic conditions. We will concentrate on the reasons why it is still possible for the company to generate above-average margins given the recent economic outlook.
Published over a month ago
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Thinking to double down on Bank of New York (NYSE:BK) in February?
Bank of New York reports 70.23 B of total liabilities with total debt to equity ratio (D/E) of 0.57, which is normal for its line of buisiness.
What is the right price you would pay to acquire a share of Bank of New York? For most investors, it would be the price that gives them a wide margin of safety to have minimal downside risk. In other words, most investors are always looking for undervalued stocks. Even if the future performance is not entirely as expected, the loss of holding it is minimized, and the downside risk is negated.
Please read more on our stock advisor page.

What is happening with Bank Of New this year

Annual and quarterly reports issued by Bank Of New are formal financial statements that are published yearly and quarterly and sent to Bank of New York stockholders. The reports show and break down the current year's ongoing operations and discuss plans for the upcoming year. Annual reports have been a requirement from the Securities and Exchange Commission (SEC) for businesses owned by the public since 1934.
Companies such as Bank of New York often view their annual report as an effective marketing tool to disseminate their perspective on company future earnings or innovations. With this in mind, many companies devote large sums of money to making their reports attractive and informative. In such instances, the annual report becomes a forum through which a company can communicate to the general public any number of topics that may or may not be directly related to the actual data published in the reports.

How Bank of New York utilizes its cash?

To perform a cash flow analysis of Bank of New York, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Bank of New York is receiving and how much cash it distributes out in a given period. The Bank of New York cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities.
Bank of New York Net Cash Flow from Operations is decreasing as compared to previous years. The last year's value of Net Cash Flow from Operations was reported at 110.4 Million

Breaking down Bank of New York Indicators

Earning per share calculations of Bank of New York is based on official Zacks consensus of 6 analysts regarding Bank of New York's future annual earnings. Given the historical accuracy of 95.32%, the future earnings per share of the company is estimated to be 3.9613 with the lowest and highest values of 3.9 and 4.04, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.

Is Bank of New York a risky opportunity?

Let's check the volatility. Bank of New York is looking slightly risky at this time. Whether you invest your money or manage your clients' funds, remember that it is easy to forget that behind Bank of New York (NYSE:BK) stock is an actual business venture. So, do not let stock picking become an abstract concept by ignoring the elementary risk calculations. purchasing a share of a Bank of New York stock makes you a part-owner of that company.

Bank Of New Current Consensus

Here is the recent trade recommendation based on an ongoing consensus estimate among financial analysis covering Bank of New York. The Bank of New York consensus assessment is calculated by taking the average estimates from all of the analysts covering Bank of New York

Strong Buy
Strong Buy538.46
Strong Sell00.0

Bank of New York recent plunge is alarming

The coefficient of variation is down to 655.54 as of today. Bank Of New currently demonstrates below-verage downside deviation. It has Information Ratio of 0.1 and Jensen Alpha of 0.14. However, we do advice investors to further question Bank Of New expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Although other companies in the asset management industry are either recovering or due for a correction, Bank of New York may not be performing as strong as the other in terms of long-term growth potentials. With an optimistic outlook on your 30 days horizon, it may be a good time to acquire new shares of Bank of New York or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Bank of New York.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Bank Of New. Please refer to our Terms of Use for any information regarding our disclosure principles.

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