JPMorgan Chase & Co. [NYSE: JPM] stock went on a downward path that fall over -4.24% on Friday, amounting to a one-week price decrease of less than -6.17%.
Over the last 12 months, JPM stock rose by 28.15%. The one-year JPMorgan Chase & Co. stock forecast points to a potential upside of 10.86. The average equity rating for JPM stock is currently 1.77, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $571.86 billion, with 2.88 billion shares outstanding and 2.86 billion shares in the current float. Compared to the average trading volume of 9.08M shares, JPM stock reached a trading volume of 17961099 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 $223.39 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 1.77. 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.
Wolfe Research have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on July 08, 2024. While these analysts kept the previous recommendation, Deutsche Bank raised their target price from $140 to $190. The new note on the price target was released on January 09, 2024, representing the official price target for JPMorgan Chase & Co. stock.
The Average True Range (ATR) for JPMorgan Chase & Co. is set at 4.60, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 2.14. The Price to Book ratio for the last quarter was 1.79. Price to Free Cash Flow for JPM in the course of the last twelve months was 4.96.
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 -6.17. With this latest performance, JPM shares dropped by -4.58% in over the last four-week period, additionally plugging by 14.63% over the last 6 months – not to mention a rise of 28.15% 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 38.99, with the RSI for the last a single of trading hit 31.90, and the three-weeks RSI is set at 43.47 for JPMorgan Chase & Co. [JPM]. The present Moving Average for the last 50 days of trading for this stock 203.27, while it was recorded at 209.19 for the last single week of trading, and 181.46 for the last 200 days.
Insight into JPMorgan Chase & Co. Fundamentals:
JPMorgan Chase & Co.’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.46.
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 3.18%.
JPMorgan Chase & Co. [JPM] Institutonal Ownership Details
The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in JPM stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in JPM stock with ownership which is approximately 5.1238%.