At the time of writing, JPMorgan Chase & Co. [JPM] stock is trading at $222.29, up 4.44%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The JPM shares have gain 5.24% over the last week, with a monthly amount glided 7.59%, 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 September 30, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also boosted its price target to $224 from $220. Previously, Deutsche Bank downgraded its rating to Hold on September 03, 2024, and kept the price target unchanged to $235. On August 20, 2024, downgrade downgraded it’s rating to Outperform but maintained its price target of $240 on the stock. Wolfe Research downgraded its rating to a Peer Perform. Deutsche Bank upgraded its rating to a Buy and raised its price target to $190 on January 09, 2024. Daiwa Securities upgraded its rating to Buy for this stock on December 18, 2023. In a note dated November 02, 2023, Odeon downgraded an Hold rating on this stock but restated the target price of $140.
For the past year, the stock price of JPMorgan Chase & Co. fluctuated between $135.19 and $225.48. Currently, Wall Street analysts expect the stock to reach $201.93 within the next 12 months. JPMorgan Chase & Co. [NYSE: JPM] shares were valued at $222.29 at the most recent close of the market. An investor can expect a potential drop of -9.16% based on the average JPM price forecast.
Analyzing the JPM fundamentals
According to JPMorgan Chase & Co. [NYSE:JPM], the company’s sales were 275.06B for trailing twelve months, which represents an 12.07% jump. Gross Profit Margin for this corporation currently stands at 0.94% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.55.
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 216.76 points at the first support level, and at 211.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 226.23, and for the 2nd resistance point, it is at 230.16.
Ratios To Look Out For
It is important to note that JPMorgan Chase & Co. [NYSE:JPM] has a current ratio of 1.50. Considering the valuation of this stock, the price to sales ratio is 2.30, the price to book ratio is 1.93 and price to earnings (TTM) ratio is 12.37.
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.
