JPMorgan Chase & Co. [NYSE: JPM] traded at a high on 01/03/22, posting a 2.12 gain after which it closed the day’ session at $161.70. The company report on December 31, 2021 that JPMorgan Chase Announcement Concerning Preferred Stock.
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has made an announcement concerning its preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news.
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JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $3.8 trillion in assets and $290.0 billion in stockholders’ equity as of September 30, 2021. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
The results of the trading session contributed to over 12648079 shares changing hands. Over the past one week, the price volatility of JPMorgan Chase & Co. stands at 1.25% while the volatility over the past one month is 1.64%.
The market cap for JPM stock reached $476.16 billion, with 3.00 billion shares outstanding and 2.93 billion shares in the current float. Compared to the average trading volume of 10.74M shares, JPM reached a trading volume of 12648079 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about 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 $180.07 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 2.30. 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.
UBS have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 10, 2021. While these analysts kept the previous recommendation, Keefe Bruyette raised their target price to Mkt Perform. The new note on the price target was released on July 07, 2021, representing the official price target for JPMorgan Chase & Co. stock. Previously, the target price had yet another raise to $150, while Atlantic Equities analysts kept a Neutral rating on JPM stock. On January 07, 2021, analysts increased their price target for JPM shares from 110 to 152.
The Average True Range (ATR) for JPMorgan Chase & Co. is set at 3.18, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 8.30. The Price to Book ratio for the last quarter was 1.90, with the Price to Cash per share for the same quarter was set at 567.69.
How has JPM stock performed recently?
JPMorgan Chase & Co. [JPM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.24. With this latest performance, JPM shares gained by 0.30% in over the last four-week period, additionally plugging by 5.40% over the last 6 months – not to mention a rise of 28.47% 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 55.04, with the RSI for the last a single of trading hit 62.64, and the three-weeks RSI is set at 51.82 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 163.23, while it was recorded at 159.15 for the last single week of trading, and 159.09 for the last 200 days.
JPMorgan Chase & Co. [JPM]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and JPMorgan Chase & Co. [JPM] shares currently have an operating margin of +26.45. JPMorgan Chase & Co.’s Net Margin is presently recorded at +23.04.
Return on Total Capital for JPM is now 4.03, given the latest momentum, and Return on Invested Capital for the company is 5.28. Return on Equity for this stock inclined to 10.72, with Return on Assets sitting at 0.95. When it comes to the capital structure of this company, JPMorgan Chase & Co. [JPM] has a Total Debt to Total Equity ratio set at 203.39. Additionally, JPM Total Debt to Total Capital is recorded at 67.04, with Total Debt to Total Assets ending up at 16.78. Long-Term Debt to Equity for the company is recorded at 112.01, with the Long-Term Debt to Total Capital now at 32.95.
Reflecting on the efficiency of the workforce at the company, JPMorgan Chase & Co. [JPM] managed to generate an average of $113,542 per employee.
Earnings analysis for JPMorgan Chase & Co. [JPM]
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 10.57%.
Insider trade positions for JPMorgan Chase & Co. [JPM]
There are presently around $326,397 million, or 72.00% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 260,594,509, which is approximately -1.056% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 192,291,314 shares of the stock with an approximate value of $30.45 billion in JPM stocks shares; and STATE STREET CORP, currently with $22.08 billion in JPM stock with ownership of nearly -1.626% of the company’s market capitalization.
Positions in JPMorgan Chase & Co. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 1,619 institutional holders increased their position in JPMorgan Chase & Co. [NYSE:JPM] by around 50,734,567 shares. Additionally, 1,326 investors decreased positions by around 77,821,481 shares, while 365 investors held positions by with 1,932,682,703 shares. The mentioned changes placed institutional holdings at 2,061,238,751 shares, according to the latest SEC report filing. JPM stock had 112 new institutional investments in for a total of 6,101,422 shares, while 92 institutional investors sold positions of 2,935,793 shares during the same period.