JPMorgan Chase & Co. [JPM] stock prices are up 2.06% to $215.19 at the moment. 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 2.31% over the last week, with a monthly amount glided 6.39%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
JPMorgan Chase & Co. [NYSE: JPM] stock has seen the most recent analyst activity on July 08, 2024, when Wolfe Research downgraded its rating to a Peer Perform. Previously, Deutsche Bank upgraded its rating to Buy on January 09, 2024, and elevated its price target to $190. On December 18, 2023, upgrade upgraded it’s rating to Buy. Odeon downgraded its rating to a Hold but stick to its price target of $140 on November 02, 2023. HSBC Securities initiated its recommendation with a Hold and recommended $159 as its price target on September 07, 2023. Citigroup downgraded its rating to Neutral for this stock on July 12, 2023, but kept the price target unchanged to $160. In a note dated July 11, 2023, Jefferies upgraded an Buy rating on this stock and boosted its target price from $149 to $165.
The stock price of JPMorgan Chase & Co. [JPM] has been fluctuating between $135.19 and $217.56 over the past year. Currently, Wall Street analysts expect the stock to reach $194.52 within the next 12 months. JPMorgan Chase & Co. [NYSE: JPM] shares were valued at $215.19 at the most recent close of the market. An investor can expect a potential drop of -9.61% based on the average JPM price forecast.
Analyzing the JPM fundamentals
The JPMorgan Chase & Co. [NYSE:JPM] reported sales of 267.58B for trailing twelve months, representing a surge of 23.92%. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.16 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.47.
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 213.50 points at the first support level, and at 211.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 216.33, and for the 2nd resistance point, it is at 217.48.
Ratios To Look Out For
It’s worth pointing out that JPMorgan Chase & Co. [NYSE:JPM]’s Current Ratio is 1.48. Considering the valuation of this stock, the price to sales ratio is 2.31, the price to book ratio is 1.93 and price to earnings (TTM) ratio is 12.00.
Transactions by insiders
Recent insider trading involved Friedman Stacey, General Counsel, that happened on Jun 20 ’24 when 4415.0 shares were sold. Chief Risk Officer, BACON ASHLEY completed a deal on Jun 10 ’24 to sell 5086.0 shares. Meanwhile, Chief Information Officer Beer Lori A sold 5298.0 shares on May 20 ’24.
