The price-to-earnings ratio for JPMorgan Chase & Co. (NYSE: JPM) is above average at 11.77x, Company’s 36-month beta value is 1.11.Analysts have differing opinions on the stock, 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 currently, short sellers hold a 0.73% ratio of that floaft. The average trading volume of JPM on June 21, 2024 was 9.18M shares.
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JPM) stock’s latest price update
The stock price of JPMorgan Chase & Co. (NYSE: JPM) has dropped by -1.88 compared to previous close of 198.67. Despite this, the company has seen a gain of 0.66% in its stock price over the last five trading days. investorplace.com reported 2024-06-20 that The U.S. has the largest financial services sector in the world, generating more than $500 billion in annual revenues and employing nearly eight million people. Three of the five largest banks in the world are American, and the U.S. overwhelmingly dominates when it comes to investment banking activities.
JPM’s Market Performance
JPMorgan Chase & Co. (JPM) has experienced a 0.66% rise in stock performance for the past week, with a -2.30% drop in the past month, and a -2.07% drop in the past quarter. The volatility ratio for the week is 1.79%, and the volatility levels for the past 30 days are at 1.66% for JPM. The simple moving average for the past 20 days is -1.41% for JPM’s stock, with a 13.13% simple moving average for the past 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 0.07% 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 -5.32% of loss for the given period.
Volatility was left at 1.66%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares sank -1.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.08% lower at present.
During the last 5 trading sessions, JPM rose by +0.85%, which changed the moving average for the period of 200-days by +34.51% in comparison to the 20-day moving average, which settled at $197.56. In addition, JPMorgan Chase & Co. saw 14.60% 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 Friedman Stacey, who sale 4,415 shares at the price of $197.58 back on Jun 20 ’24. After this action, Friedman Stacey now owns 37,709 shares of JPMorgan Chase & Co., valued at $872,311 using the latest closing price.
BACON ASHLEY, the Chief Risk Officer of JPMorgan Chase & Co., sale 5,086 shares at $199.54 during a trade that took place back on Jun 10 ’24, which means that BACON ASHLEY is holding 212,265 shares at $1,014,857 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 4.82. 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 a nutshell, JPMorgan Chase & Co. (JPM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
