Comerica Incorporated (CMA) shares Traded BTW $70.92 to $71.945 in Last % Days: Performance Analysis

Comerica Incorporated (CMA) is owned by a number of high-value investors. Its largest direct holder is Ralph W. Babb Executive Chairman of the Board of the Company and Comerica Bank with 713,881 shares. The second-largest direct holder is Curtis C. Farmer Director; Chief Executive Officer and President of Comerica and Comerica Bank, with 109,713 shares of the company’s stock. In third place with 48,704 shares of CMA is Richard G. Lindner Independent Facilitating Director.

Now turning to institutional ownership of Comerica Incorporated (CMA), The Vanguard Group, Inc. is the top holder with 19.0 million shares. The next largest fund holder of this company’s stock is SSgA Funds Management, Inc. with 8.0 million shares. In the third-place spot with 7.0 million shares is BlackRock Fund Advisors.

This company’s stock price was $71.42 at the previous market close, with its latest volume reaching 1262127. Compare that to its average daily volume of 1.64M. Given the fact that this stock has 144.05M shares outstanding, its current market value is sitting at $10.29B. This publicly-traded stock’s 60-month Beta is 1.57. Its Price to Sales ratio is 3.61, its Price to Cash Flow ratio is 2.41, and its Price to Book ratio is 1.46.

CMA stock has achieved a 5-day range of $69.24 to $72.61, with a total performance of +0.35% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $64.01 to $72.61, generating a +9.27% change during the period. In the past three months, this stock’s price has changed by +16.49%, trading in the range of $58.54 to $72.61.

In the past 5 days, shares of CMA have made a new high 2 times. In the last month, it has made a new high 6 times, and in the past 3 months, it has made a new high 13 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 1.96. This is a 0.06 difference compared to the consensus estimate of 1.9, amounting to an earnings surprise of 3.20%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 2, making for an earnings surprise of -3.00%. For the quarter ending 3/30/2019, EPS was reported at 2.11, generating a 9.30% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $1.0 billion. This is compared to the prior year, where Net Income was $743.0 million. Meanwhile, this company’s Operating Cash Flow was $1.0 billion for the year, compared to $1.0 billion in 2017. Capital Expenditures for the year were reportedly -$90.0 million, compared to -$69.0 million, and Free Cash flow was $1.0 billion compared to the prior year’s $1.0 billion.

Comerica Incorporated (CMA) stock currently has a Financial Strength score of 2/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.56, an Equity to Asset ratio of 0.1, a Debt to Equity ratio of 1.02 and a Debt to EBITDA of 2.16. The Beneish M-Score is -2.48.

This publicly-traded company’s Profitability and Growth score is 4/10, thanks to a combination of things: a Net Margin of 36.41, a ROE of 16.55.

Shifting focus now to Valuation and Return for CMA, this company’s Price to Tangible Book is 1.47 and its Price to Median PS Value is 1.12. Price to Peter Lynch Fair Value for CMA is now 0.00, and this organization’s Price to Graham Number is 0.77.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for CMA is sitting at 0.00, while its Current Ratio is 0.00. This stock’s PB Ratio is 1.47, its PS Ratio is 3.28, its Forward PE Ratio is 9.77, and its PE Ratio without NRI is 9.05. Similarly, its Shiller PE Ratio is 19.87, its Price to Owner Earnings is 7.97, its Price to Free Cash Flow is 7.81 and its Price to Operating Cash Flow is 7.36.