JPMorgan Chase & Co. (NYSE: JPM) has a price-to-earnings ratio that is above its average at 11.22x. The stock has a 36-month beta value of 1.13. Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 4 as “overweight,” 13 as “hold,” and 1 as “sell.”
The public float for JPM is 2.86B, and at present, short sellers hold a 0.76% of that float. On April 22, 2024, the average trading volume of JPM was 8.97M shares.
JPM) stock’s latest price update
JPMorgan Chase & Co. (NYSE: JPM) has experienced a rise in its stock price by 2.51 compared to its previous closing price of 181.25. However, the company has seen a gain of 1.65% in its stock price over the last five trading days. The Motley Fool reported 2024-04-21 that Bank of America reported a decline in net interest income year-over-year. If rates stay higher for longer, this metric could continue to face pressure.
JPM’s Market Performance
JPMorgan Chase & Co. (JPM) has experienced a 1.65% rise in stock performance for the past week, with a -5.36% drop in the past month, and a 9.10% rise in the past quarter. The volatility ratio for the week is 2.20%, and the volatility levels for the past 30 days are at 1.72% for JPM. The simple moving average for the last 20 days is -3.97% for JPM’s stock, with a simple moving average of 14.21% for the last 200 days.
Analysts’ Opinion of JPM
Many brokerage firms have already submitted their reports for JPM stocks, with Deutsche Bank repeating the rating for JPM by listing it as a “Buy.” The predicted price for JPM in the upcoming period, according to Deutsche Bank is $190 based on the research report published on January 09, 2024 of the current year 2024.
Odeon gave a rating of “Hold” to JPM, setting the target price at $140 in the report published on November 02nd of the previous year.
JPM Trading at -1.19% from the 50-Day Moving Average
After a stumble in the market that brought JPM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.53% of loss for the given period.
Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -6.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.91% upper at present.
During the last 5 trading sessions, JPM rose by +1.65%, which changed the moving average for the period of 200-days by +28.46% in comparison to the 20-day moving average, which settled at $192.82. In addition, JPMorgan Chase & Co. saw 9.23% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at JPM starting from DIMON JAMES, who sale 178,222 shares at the price of $184.18 back on Apr 15 ’24. After this action, DIMON JAMES now owns 264,461 shares of JPMorgan Chase & Co., valued at $32,824,625 using the latest closing price.
Beer Lori A, the Chief Information Officer of JPMorgan Chase & Co., sale 3,920 shares at $195.36 during a trade that took place back on Mar 25 ’24, which means that Beer Lori A is holding 64,783 shares at $765,805 based on the most recent closing price.
Stock Fundamentals for JPM
Current profitability levels for the company are sitting at:
- 0.25 for the present operating margin
- 0.96 for the gross margin
The net margin for JPMorgan Chase & Co. stands at 0.27. The total capital return value is set at 0.02. Equity return is now at value 16.60, with 1.20 for asset returns.
Based on JPMorgan Chase & Co. (JPM), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.02. The debt to equity ratio resting at 2.28. The interest coverage ratio of the stock is 0.7.
Currently, EBITDA for the company is -1.79 billion with net debt to EBITDA at 1505.83. When we switch over and look at the enterprise to sales, we see a ratio of 7.24.
Conclusion
To sum up, JPMorgan Chase & Co. (JPM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
