Comerica, Inc [NYSE: CMA] closed the trading session at $67.36.
The stocks have a year to date performance of 8.91 percent and weekly performance of 7.72 percent. The stock has been moved at 25.41 percent over the last six months. The stock has performed 9.05 percent around the most recent 30 days and changed 7.48 percent over the most recent 3-months.
If compared to the average trading volume of 2.24M shares, CMA reached to a volume of 3499313 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Comerica, Inc [CMA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CMA shares is $69.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CMA stock is a recommendation set at 2.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Comerica, Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 07, 2025. While these analysts kept the previous recommendation, UBS raised their target price to Sell. The new note on the price target was released on December 17, 2024, representing the official price target for Comerica, Inc stock. Previously, the target price had yet another raise to $73, while Wells Fargo analysts kept a Equal Weight rating on CMA stock. On October 07, 2024, analysts decreased their price target for CMA shares from 55 to 52.
The Average True Range (ATR) for Comerica, Inc is set at 2.03, with the Price to Sales ratio for CMA stock in the period of the last 12 months amounting to 1.82. The Price to Book ratio for the last quarter was 1.44. Price to Free Cash Flow for CMA in the course of the last twelve months was 4.66.
CMA stock trade performance evaluation
Comerica, Inc [CMA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.72. With this latest performance, CMA shares gained by 9.05% in over the last four-week period, additionally plugging by 25.41% over the last 6 months – not to mention a rise of 20.61% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CMA stock in for the last two-week period is set at 61.59, with the RSI for the last a single of trading hit 67.70, and the three-weeks RSI is set at 57.99 for Comerica, Inc [CMA]. The present Moving Average for the last 50 days of trading for this stock 65.62, while it was recorded at 64.45 for the last single week of trading, and 57.92 for the last 200 days.
Comerica, Inc [CMA]: An insightful look at the core fundamentals
Comerica, Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.13.
Earnings per share (EPS) analysis for Comerica, Inc [CMA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CMA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Comerica, Inc go to 8.90%.
Comerica, Inc [CMA]: Institutional Ownership
There are presently around $88.12%, or 88.78%% of CMA stock, in the hands of institutional investors. The top three institutional holders of CMA stocks are: BLACKROCK INC. with ownership of 19.3 million shares, which is approximately 14.6243%. VANGUARD GROUP INC, holding 15.66 million shares of the stock with an approximate value of $$799.49 million in CMA stocks shares; and VANGUARD GROUP INC, currently with $$250.15 million in CMA stock with ownership which is approximately 3.6982%.
