JPMorgan Chase & Co. [NYSE: JPM] stock went on an upward path that rose over 0.63% on Friday, amounting to a one-week price increase of more than 10.80%. The company report on November 15, 2020 that FIRST FILING AND TOP RANKED ROSEN LAW FIRM, Encourages JPMorgan Chase & Co. Investors with Large Losses to Contact Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – JPM.
Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of JPMorgan Chase & Co. (NYSE:JPM) between February 23, 2016 and September 23, 2020, inclusive (the “Class Period”), of the important December 23, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for JPMorgan investors under the federal securities laws.
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To join the JPMorgan class action, go to http://www.rosenlegal.com/cases-register-1959.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email firstname.lastname@example.org or email@example.com for information on the class action.
Over the last 12 months, JPM stock dropped by -11.29%. The one-year JPMorgan Chase & Co. stock forecast points to a potential upside of 3.46. The average equity rating for JPM stock is currently 2.20, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $345.57 billion, with 3.08 billion shares outstanding and 3.02 billion shares in the current float. Compared to the average trading volume of 16.77M shares, JPM stock reached a trading volume of 11825178 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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 $118.17 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 2.20. 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.
Deutsche Bank have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 03, 2020. The new note on the price target was released on July 24, 2020, representing the official price target for JPMorgan Chase & Co. stock. Previously, the target price had yet another raise to $120, while Atlantic Equities analysts kept a Overweight rating on JPM stock.
The Average True Range (ATR) for JPMorgan Chase & Co. is set at 3.44, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 4.94. The Price to Book ratio for the last quarter was 1.46, with the Price to Cash per share for the same quarter was set at 455.23.
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 10.80. With this latest performance, JPM shares gained by 12.15% in over the last four-week period, additionally plugging by 26.12% over the last 6 months – not to mention a drop of -11.29% 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 65.37, with the RSI for the last a single of trading hit 67.46, and the three-weeks RSI is set at 63.41 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 100.93, while it was recorded at 115.13 for the last single week of trading, and 101.09 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 +27.29. JPMorgan Chase & Co.’s Net Margin is presently recorded at +24.19.
Return on Total Capital for JPM is now 5.06, given the latest momentum, and Return on Invested Capital for the company is 6.83. 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 208.18. Additionally, JPM Total Debt to Total Capital is recorded at 67.55, with Total Debt to Total Assets ending up at 20.24. Long-Term Debt to Equity for the company is recorded at 119.30, with the Long-Term Debt to Total Capital now at 34.71.
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 2.57/share EPS, while the average EPS was predicted by analysts to be reported at 2.35/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.40%. 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 -1.11%.
JPMorgan Chase & Co. [JPM] Insider Position Details
There are presently around $245,060 million, or 71.80% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 232,022,891, which is approximately -5.257% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 194,072,559 shares of the stock with an approximate value of $22.14 billion in JPM stocks shares; and STATE STREET CORP, currently with $15.42 billion in JPM stock with ownership of nearly -1.649% of the company’s market capitalization.
Positions in JPMorgan Chase & Co. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 1,455 institutional holders increased their position in JPMorgan Chase & Co. [NYSE:JPM] by around 104,300,490 shares. Additionally, 1,232 investors decreased positions by around 148,009,499 shares, while 256 investors held positions by with 1,895,831,417 shares. The mentioned changes placed institutional holdings at 2,148,141,406 shares, according to the latest SEC report filing. JPM stock had 132 new institutional investments in for a total of 14,611,814 shares, while 105 institutional investors sold positions of 7,343,912 shares during the same period.