JPMorgan Chase & Co. [JPM] is -28.62% lower this YTD. Is it still time to buy?

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JPMorgan Chase & Co. [NYSE: JPM] price plunged by -0.35 percent to reach at -$0.4. The company report on June 16, 2022 that JPMorgan Chase Commits $30 Million to Support Historically Black Colleges and Universities and Students.


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Commitment will expand career pathways, student development programming and promote financial education resources on campuses.

JPMorgan Chase announced an expanded five-year, $30 million commitment to the financial and career success of students at Historically Black Colleges and Universities (HBCUs). This commitment expands on the firm’s Advancing Black Pathways (ABP) initiative which launched in 2019 to chart clearer pathways toward economic success and empowerment within the Black community.

A sum of 30591287 shares traded at recent session while its average daily volume was at 14.14M shares. JPMorgan Chase & Co. shares reached a high of $114.63 and dropped to a low of $112.16 until finishing in the latest session at $113.03.

The one-year JPM stock forecast points to a potential upside of 27.44. The average equity rating for JPM stock is currently 2.40, trading closer to a bullish pattern in the stock market.

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 $155.78 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 2.40. 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.

Societe Generale have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 24, 2022. The new note on the price target was released on May 03, 2022, representing the official price target for JPMorgan Chase & Co. stock. Previously, the target price had yet another drop from $180 to $155, while Jefferies kept a Hold rating on JPM stock.

The Average True Range (ATR) for JPMorgan Chase & Co. is set at 3.62, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 5.64. The Price to Book ratio for the last quarter was 1.33, with the Price to Cash per share for the same quarter was set at 572.82. Price to Free Cash Flow for JPM in the course of the last twelve months was 4.86.

JPM Stock Performance Analysis:

JPMorgan Chase & Co. [JPM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.45. With this latest performance, JPM shares dropped by -5.88% in over the last four-week period, additionally sinking by -29.54% over the last 6 months – not to mention a drop of -23.59% 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 31.86, with the RSI for the last a single of trading hit 25.28, and the three-weeks RSI is set at 35.53 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 124.46, while it was recorded at 114.38 for the last single week of trading, and 148.08 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 +46.05. JPMorgan Chase & Co.’s Net Margin is presently recorded at +38.11.

Return on Equity for this stock inclined to 16.78, with Return on Assets sitting at 1.35.

JPM Stock EPS

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 7.21%.

JPMorgan Chase & Co. [JPM] Insider Position Details

There are presently around $230,668 million, or 71.00% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 266,854,574, which is approximately 2.612% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 201,689,773 shares of the stock with an approximate value of $22.8 billion in JPM stocks shares; and STATE STREET CORP, currently with $15.91 billion in JPM stock with ownership of nearly -0.677% 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 1,907 institutional holders increased their position in JPMorgan Chase & Co. [NYSE:JPM] by around 84,169,673 shares. Additionally, 1,467 investors decreased positions by around 125,221,822 shares, while 318 investors held positions by with 1,831,374,315 shares. The mentioned changes placed institutional holdings at 2,040,765,810 shares, according to the latest SEC report filing. JPM stock had 140 new institutional investments in for a total of 7,425,925 shares, while 173 institutional investors sold positions of 10,625,477 shares during the same period.

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