JPMorgan Chase & Co. [JPM] Stock trading around $134.10 per share: What’s Next?

JPMorgan Chase & Co. [NYSE: JPM] closed the trading session at $134.10 on 12/30/22. The day’s price range saw the stock hit a low of $132.44, while the highest price level was $134.33. The company report on December 20, 2022 that JPMorgan Chase to Host Fourth-Quarter and Full-Year 2022 Earnings Call.


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As previously announced, JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) will host a conference call to review fourth-quarter and full-year 2022 financial results on Friday, January 13, 2023 at 8:30 a.m. (EST). The results are scheduled to be released at approximately 7:00 a.m. (EST). The live audio webcast and presentation slides will be available on www.jpmorganchase.com under Investor Relations, Events & Presentations.

JPMorgan Chase will notify the public that financial results have been issued through its social media outlet @JPMorgan and @Chase on Twitter, and by a press release over Business Wire that will provide the link to the Firm’s Investor Relations website. In addition to being available on the Firm’s Investor Relations website, the earnings results also will be filed with the Securities and Exchange Commission (“SEC”) on a Form 8-K, which will be available on the SEC website at https://www.sec.gov.

The stocks have a year to date performance of -15.31 percent and weekly performance of 2.63 percent. The stock has been moved at 17.58 percent over the last six months. The stock has performed -2.95 percent around the most recent 30 days and changed 28.33 percent over the most recent 3-months.

If compared to the average trading volume of 11.96M shares, JPM reached to a volume of 9289455 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to 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 $143.29 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.

Piper Sandler have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on December 08, 2022. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $126 to $153. The new note on the price target was released on December 06, 2022, representing the official price target for JPMorgan Chase & Co. stock. Previously, the target price had yet another raise to $120, while Berenberg analysts kept a Hold rating on JPM stock. On July 12, 2022, analysts decreased their price target for JPM shares from 145 to 135.

The Average True Range (ATR) for JPMorgan Chase & Co. is set at 2.48, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 5.23. The Price to Book ratio for the last quarter was 1.56, with the Price to Cash per share for the same quarter was set at 523.73. Price to Free Cash Flow for JPM in the course of the last twelve months was 4.94.

JPM stock trade performance evaluation

JPMorgan Chase & Co. [JPM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.63. With this latest performance, JPM shares dropped by -2.95% in over the last four-week period, additionally plugging by 17.58% over the last 6 months – not to mention a drop of -15.38% 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 57.72, with the RSI for the last a single of trading hit 61.12, and the three-weeks RSI is set at 57.25 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 131.10, while it was recorded at 132.56 for the last single week of trading, and 122.76 for the last 200 days.

JPMorgan Chase & Co. [JPM]: An insightful look at the core 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.

Earnings per share (EPS) analysis for JPMorgan Chase & Co. [JPM] stock

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 -0.99%.

JPMorgan Chase & Co. [JPM]: Insider Ownership positions

There are presently around $269,390 million, or 70.80% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 272,539,783, which is approximately 1.082% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 197,863,082 shares of the stock with an approximate value of $26.53 billion in JPM stocks shares; and STATE STREET CORP, currently with $17.29 billion in JPM stock with ownership of nearly -0.933% 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 1,775 institutional holders increased their position in JPMorgan Chase & Co. [NYSE:JPM] by around 80,900,956 shares. Additionally, 1,380 investors decreased positions by around 82,568,450 shares, while 343 investors held positions by with 1,845,402,031 shares. The mentioned changes placed institutional holdings at 2,008,871,437 shares, according to the latest SEC report filing. JPM stock had 125 new institutional investments in for a total of 7,877,810 shares, while 126 institutional investors sold positions of 6,006,935 shares during the same period.

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