- BK has 12x the normal benchmarked social activity for this time of the day compared to its average of 2.45 mentions/day.
- BK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $255.5 million.
Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend. EXCLUSIVE OFFER: Get the inside scoop on opportunities in BK with the Ticky from Trade-Ideas. See the FREE profile for BK NOW at Trade-Ideas More details on BK: The Bank of New York Mellon Corporation, an investment company, provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. It operates through two segments, Investment Management and Investment Services. The stock currently has a dividend yield of 1.8%. BK has a PE ratio of 14. Currently there are 8 analysts that rate Bank of New York Mellon a buy, 1 analyst rates it a sell, and 5 rate it a hold. The average volume for Bank of New York Mellon has been 5.6 million shares per day over the past 30 days. Bank of New York Mellon has a market cap of $41.0 billion and is part of the financial sector and financial services industry. The stock has a beta of 1.30 and a short float of 0.8% with 1.23 days to cover. Shares are down 7.7% year-to-date as of the close of trading on Friday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates Bank of New York Mellon as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, increase in net income, attractive valuation levels, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself. Highlights from the ratings report include:
- BANK OF NEW YORK MELLON CORP has improved earnings per share by 8.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, BANK OF NEW YORK MELLON CORP increased its bottom line by earning $2.71 versus $2.16 in the prior year. This year, the market expects an improvement in earnings ($3.06 versus $2.71).
- The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Capital Markets industry average. The net income increased by 4.9% when compared to the same quarter one year prior, going from $779.00 million to $817.00 million.
- Net operating cash flow has significantly increased by 2903.12% to $1,794.00 million when compared to the same quarter last year. In addition, BANK OF NEW YORK MELLON CORP has also vastly surpassed the industry average cash flow growth rate of -199.13%.
- The gross profit margin for BANK OF NEW YORK MELLON CORP is currently very high, coming in at 96.70%. Regardless of BK's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, BK's net profit margin of 21.23% compares favorably to the industry average.
- You can view the full Bank of New York Mellon Ratings Report.
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