Stock With Track Record & Analyst Upside: Comerica Incorporated (NYSE:CMA)

Comerica Incorporated (NYSE:CMA) shares have been experiencing accelerated earnings and sales growth over the past five years.  Over that time frame the firm has seen earnings growth of 20.10% and sales growth of 8.00%.

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While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here.  On a consensus basis, analysts are projecting EPS growth of 6.53% for next year and have a $89.88 one year price target on the stock.   The stock recently traded at $88.31.

RECENT PERFORMANCE

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, Comerica Incorporated (NYSE:CMA)‘s stock was 28.56%.  Over the last week of the month, it was 4.81%, 7.75% over the last quarter, and  -11.00% for the past six months. 

Earnings Per Share (EPS):

EPS is what each share is worth and indicates how much money their sharehoders would acquire if the company was to pay out all of its profits.  Earnings Per Share is computed by dividing the profit total by its share total.  If a company’s profit is $800 million and there are 40 million shares, then the EPS is $20.  EPS is a fantastic way to compare and contrast companies in the same industry.  When a company shows a steady upwards earnings trend, it is a good indicator that the company will dominate companies with a more volatile earnings trend. Comerica Incorporated (NYSE:CMA)’s EPS is 7.14.  Last year, their EPS growth was 50.20% while their EPS growth over the past five years is 20.10%.  Analysts are predicting Comerica Incorporated’s stock to grow 6.53% over the next year and 19.80% over the next five.

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Nothing contained in this publication is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained in this publication should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional.

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