A share price of JPMorgan Chase & Co. [JPM] is currently trading at $149.12, up 0.21%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The JPM shares have gain 3.23% over the last week, with a monthly amount glided 0.33%, and seem to be holding up well over a long-time horizon.
On 15, September 2023, JPMorgan Chase Declares Preferred Stock Dividends. In a post published today on Yahoo Finance, JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series Q, R, U and CC preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news.
From an analyst’s perspective:
JPMorgan Chase & Co. [NYSE: JPM] stock has seen the most recent analyst activity on September 07, 2023, when HSBC Securities initiated its Hold rating and assigned the stock a price target of $159.
JPMorgan Chase & Co. experienced fluctuations in its stock price throughout the past year between $101.28 and $159.38. Currently, Wall Street analysts expect the stock to reach $169.50 within the next 12 months. JPMorgan Chase & Co. [NYSE: JPM] shares were valued at $149.12 at the most recent close of the market. An investor can expect a potential return of 13.67% based on the average JPM price forecast.
Analyzing the JPM fundamentals
During the last quarter, JPMorgan Chase & Co. [NYSE:JPM] saw sales of 41.64 billion, an improvement of 123.30%. During this period, the public company’s revenue per employee was $536,362, while its income per employee was $127,627. To continue investigating profitability, this company’s Return on Assets is posted at 1.01, Equity is 12.78, Total Capital is 5.48, and Invested Capital is 6.43. Taking a look at the Principal structure of this organization reveals enduring liabilities to the total capital at 65.83 and enduring liabilities to the whole assets at 15.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 148.20 points at the first support level, and at 147.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 149.59, and for the 2nd resistance point, it is at 150.06.
JPMorgan Chase & Co. [JPM] reported earnings per share of $4.75 for its fiscal quarter that ended on 6/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $3.99/share, meaning a difference of $0.76 and a surprise factor of 19.00%. By comparison, the stated earnings for the previous quarter ended on 3/30/2023 were $4.1 per share as compared to estimates of $3.41 per share, a difference of $0.69 representing a surprise of 20.20%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.53, the price to book ratio is 1.49 and the P/E (TTM) ratio is 9.59.
Transactions by insiders
In the past 3 months, 7 insiders have purchased 1,777 shares, and 2 have sold 4,948 shares. Recent insider trading involved Friedman Stacey, General Counsel, that happened on Sep 06 when 4310.0 shares were sold. General Counsel, Friedman Stacey completed a deal on Aug 07 to sell 4310.0 shares. Meanwhile, CEO Asset & Wealth Management Erdoes Mary E. sold 8118.0 shares on Jun 15.