JPMorgan Chase & Co. [NYSE: JPM] price surged by 2.00 percent to reach at $2.22. A sum of 23253565 shares traded at recent session while its average daily volume was at 27.89M shares. JPMorgan Chase & Co. shares reached a high of $114.19 and dropped to a low of $111.94 until finishing in the latest session at $113.45.
The one-year JPM stock forecast points to a potential downside of -6.38. The average equity rating for JPM stock is currently 2.50, trading closer to a bullish pattern in the stock market.
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Guru’s Opinion on JPMorgan Chase & Co. [JPM]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for JPM shares is $106.65 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on JPM stock is a recommendation set at 2.50. 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.
Odeon have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 20, 2020. The new note on the price target was released on April 15, 2020, representing the official price target for JPMorgan Chase & Co. stock.
The Average True Range (ATR) for JPMorgan Chase & Co. is set at 3.98, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 4.29. The Price to Book ratio for the last quarter was 1.52, with the Price to Cash per share for the same quarter was set at 395.01.
JPM Stock Performance Analysis:
JPMorgan Chase & Co. [JPM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.06. With this latest performance, JPM shares gained by 24.38% in over the last four-week period, additionally sinking by -14.74% over the last 6 months – not to mention a rise of 3.93% 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 JPM stock in for the last two-week period is set at 71.69, with the RSI for the last a single of trading hit 79.96, and the three-weeks RSI is set at 64.61 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 93.44, while it was recorded at 106.86 for the last single week of trading, and 116.12 for the last 200 days.
Insight into JPMorgan Chase & Co. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and JPMorgan Chase & Co. [JPM] shares currently have an operating margin of +29.95. JPMorgan Chase & Co.’s Net Margin is presently recorded at +24.23.
Return on Total Capital for JPM is now 5.55, given the latest momentum, and Return on Invested Capital for the company is 6.84. Return on Equity for this stock inclined to 13.99, with Return on Assets sitting at 1.36. When it comes to the capital structure of this company, JPMorgan Chase & Co. [JPM] has a Total Debt to Total Equity ratio set at 207.57. Additionally, JPM Total Debt to Total Capital is recorded at 67.49, with Total Debt to Total Assets ending up at 20.18. Long-Term Debt to Equity for the company is recorded at 118.61, with the Long-Term Debt to Total Capital now at 34.58.
Reflecting on the efficiency of the workforce at the company, JPMorgan Chase & Co. [JPM] managed to generate an average of $140,979 per employee.
JPM Stock EPS
With the latest financial reports released by the company, JPMorgan Chase & Co. posted 2.82/share EPS, while the average EPS was predicted by analysts to be reported at 2.5/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 12.80%. 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 JPM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for JPMorgan Chase & Co. go to 4.98%.
JPMorgan Chase & Co. [JPM] Insider Position Details
There are presently around $246,787 million, or 74.00% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 244,897,440, which is approximately -0.774% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 204,421,303 shares of the stock with an approximate value of $22.74 billion in JPM stocks shares; and STATE STREET CORP, currently with $15.67 billion in JPM stock with ownership of nearly -2.598% of the company’s market capitalization.
Positions in JPMorgan Chase & Co. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,424 institutional holders increased their position in JPMorgan Chase & Co. [NYSE:JPM] by around 89,851,212 shares. Additionally, 1,434 investors decreased positions by around 161,137,682 shares, while 177 investors held positions by with 1,967,722,875 shares. The mentioned changes placed institutional holdings at 2,218,711,769 shares, according to the latest SEC report filing. JPM stock had 157 new institutional investments in for a total of 16,655,925 shares, while 224 institutional investors sold positions of 12,054,918 shares during the same period.