JPMorgan Chase & Co. (NYSE:JPM) stock went on an upward path that rose over 0.15% on Wednesday, amounting to a one-week price increase of more than 2.84%. Over the last 12 months, JPM stock rose by 18.53%. The one-year JPM stock forecast points to a potential upside of 0.05, with the average price target set at $124.36 per share. The average equity rating for JPM stock is currently 2.50, trading closer to a bullish pattern in the stock market.
The market cap for JPM stock reached $420.30 billion, with 3.25 billion shares outstanding and 3.17 billion shares in the current float. Compared to the average trading volume of 11.48M shares, JPM reached a trading volume of 10707110 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $123.00 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 2.50. 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.
Societe Generale have made an estimate for JPMorgan Chase & Co. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on October 29, 2019. The new note on the price target was released on September 16, 2019, representing the official price target for JPMorgan Chase & Co. stock. On January 02, 2019, analysts increased their price target for JPM shares from 135 to 140.
The Average True Range (ATR) for JPMorgan Chase & Co. is set at 1.99, with the Price to Sales ratio for JPM stock in the period of the last 12 months amounting to 4.94. The Price to Book ratio for the last quarter was 1.78, with the Price to Cash per share for the same quarter was set at 349.80.
Trading performance analysis for JPM stock
JPMorgan Chase & Co. (JPM) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.84. With this latest performance, JPM shares gained by 15.63% in over the last four-week period, additionally plugging by 14.91% over the last 6 months – not to mention a rise of 18.53% 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 75.02, with the RSI for the last a single of trading hit 79.84, and the three-weeks RSI is set at 70.83 for JPMorgan Chase & Co. (JPM). The present Moving Average for the last 50 days of trading for this stock 118.48, while it was recorded at 127.99 for the last single week of trading, and 111.08 for the last 200 days.
JPMorgan Chase & Co. (JPM): A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and JPMorgan Chase & Co. (JPM) shares currently have an operating margin of +32.04. JPMorgan Chase & Co.’s Net Margin is presently recorded at +25.31.
Return on Total Capital for JPM is now 5.15, given the latest momentum, and Return on Invested Capital for the company is 6.25. Return on Equity for this stock inclined to 12.60, with Return on Assets sitting at 1.25. When it comes to the capital structure of this company, JPMorgan Chase & Co. (JPM) has a Total Debt to Total Equity ratio set at 215.92. Additionally, JPM Total Debt to Total Capital is recorded at 68.35, with Total Debt to Total Assets ending up at 21.12. Long-Term Debt to Equity for the company is recorded at 114.09, with the Long-Term Debt to Total Capital now at 32.44.
Reflecting on the efficiency of the workforce at the company, JPMorgan Chase & Co. (JPM) managed to generate an average of $125,964 per employee. Total Asset Turnover recorded at a value of 0.05.
JPMorgan Chase & Co. (JPM): An earnings per share (EPS) analysis
With the latest financial reports released by the company, JPMorgan Chase & Co. posted 1.98/share EPS, while the average EPS was predicted by analysts to be reported at 2.2/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -10.00%. 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 5.36%.
An analysis of insider ownership at JPMorgan Chase & Co. (JPM)
There are presently around $305,287 million, or 74.50% of JPM stock, in the hands of institutional investors. The top three institutional holders of JPM stocks are: VANGUARD GROUP INC with ownership of 252,550,479, which is approximately -3.298% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 216,451,270 shares of the stock with an approximate value of $27.0 billion in JPM stocks shares; and STATE STREET CORP, currently with $19.0 billion in JPM stock with ownership of nearly -0.448% of the company’s market capitalization.
Positions in JPMorgan Chase & Co. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 1,260 institutional holders increased their position in JPMorgan Chase & Co. (NYSE:JPM) by around 84,873,503 shares. Additionally, 1,167 investors decreased positions by around 75,337,345 shares, while 286 investors held positions by with 2,204,519,617 shares. The mentioned changes placed institutional holdings at 2,364,730,465 shares, according to the latest SEC report filing. JPM stock had 106 new institutional investments in for a total of 6,952,909 shares, while 78 institutional investors sold positions of 6,929,674 shares during the same period.