JPMorgan Chase & Co. (NYSE: JPM) has a price-to-earnings ratio of 11.50x that is above its average ratio. Additionally, the 36-month beta value for JPM is 1.11. There are mixed opinions on the stock, with 9 analysts rating it as a “buy,” 4 rating it as “overweight,” 13 rating it as “hold,” and 1 rating it as “sell.”
The public float for JPM is 2.86B and currently, short sellers hold a 0.70% ratio of that float. The average trading volume of JPM on May 06, 2024 was 8.74M shares.
JPM) stock’s latest price update
JPMorgan Chase & Co. (NYSE: JPM)’s stock price has decreased by -0.60 compared to its previous closing price of 191.66. However, the company has seen a -1.54% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-05-05 that “The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to a large number of investors. Sector representation.is also a consideration.”–DowJones&Co. The highest-yield 10 stocks are May’s Dogs of the Dow: HD, KO, AMGN, JNJ, CSCO, IBM, CVX, DOW, MMM, and VZ. They now average a 4.17% annual yield, as prices. Thirty Dow stocks represent nine of eleven sectors. DowJones tracks utilities as a separate index and omits real estate. Broker top-ten target-estimated May net-gains ranged 17.6%-38%, topped by INTC 5/1/24.
JPM’s Market Performance
JPM’s stock has fallen by -1.54% in the past week, with a monthly drop of -2.63% and a quarterly rise of 9.03%. The volatility ratio for the week is 1.78% while the volatility levels for the last 30 days are 1.81% for JPMorgan Chase & Co. The simple moving average for the last 20 days is 0.07% for JPM stock, with a simple moving average of 15.56% 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 -0.22% 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 -5.19% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.78%, as shares sank -3.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.06% upper at present.
During the last 5 trading sessions, JPM fell by -1.54%, which changed the moving average for the period of 200-days by +23.51% in comparison to the 20-day moving average, which settled at $190.03. In addition, JPMorgan Chase & Co. saw 12.00% 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:
- 0.41 for the present operating margin
- 0.93 for the gross margin
The net margin for JPMorgan Chase & Co. stands at 0.32. The total capital return value is set at 0.02. Equity return is now at value 15.65, with 1.28 for asset returns.
Based on JPMorgan Chase & Co. (JPM), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 1.88. The interest coverage ratio of the stock is 0.72.
Currently, EBITDA for the company is -1.79 billion with net debt to EBITDA at 10.4. When we switch over and look at the enterprise to sales, we see a ratio of 4.74. The receivables turnover for the company is 1.22for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.
Conclusion
In conclusion, JPMorgan Chase & Co. (JPM) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
