In last trading session, JPMorgan Chase & Co. (NYSE:JPM) saw 7,095,169 shares changing hands with its beta currently measuring 1.16. Company’s recent per share price level of $101.01 trading at $0.79 or 0.79% at ring of the bell on the day assigns it a market valuation of $308.84 Billion. That closing price of JPM’s stock is at a discount of -39.69% from its 52-week high price of $141.1 and is indicating a premium of 23.86% from its 52-week low price of $76.91. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 16.47 Million shares which gives us an average trading volume of 16.41 Million if we extend that period to 3-months.
For JPMorgan Chase & Co. (JPM), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2.2. Splitting up the data highlights that, out of 27 analysts covering the stock, 1 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 8 suggested the stock as a Hold whereas 17 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $2.2 in the current quarter.
JPMorgan Chase & Co. (NYSE:JPM) trade information
Upright in the green today for gaining 0.79%, in the last five days JPM remained trading in the green while hitting it’s week-highest on Tuesday, Oct 13 when the stock touched $103.22 price level, adding 1.84% to its value on the day. JPMorgan Chase & Co.’s shares saw a change of -27.31% in year-to-date performance and have moved -0.45% in past 5-day. JPMorgan Chase & Co. (NYSE:JPM) showed a performance of 2.06% in past 30-days. Number of shares sold short was 20.3 Million shares which calculate 1.24 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $116.22 to the stock, which implies a rise of 15.06% to its current value. Analysts have been projecting $80 as a low price target for the stock while placing it at a high target of $144. It follows that stock’s current price would jump +42.56% in reaching the projected high whereas dropping to the targeted low would mean a loss of -20.8% for stock’s current value.
JPMorgan Chase & Co. (JPM) estimates and forecasts
Statistics highlight that JPMorgan Chase & Co. is scoring comparatively lower than the scores of other players of the relevant industry. The company added +14.76% of value to its shares in past 6 months, showing an annual growth rate of -38.9% while that of industry is -35.3. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -14.4% in the current quarter and calculating 185.9% increase in the next quarter. This year revenue growth is estimated to drop -0.6% from the last financial year’s standing.
17 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $27.07 Billion for the same. And 13 analysts are in estimates of company making revenue of $28.37 Billion in the next quarter that will end in March 01, 2021. Company posted $29.21 Billion and $29.07 Billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -7.3% while estimating it to be -2.4% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 15.2% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 20.4% while estimates for its earnings growth in next 5 years are of -1.16%
JPMorgan Chase & Co. is more likely to be releasing its next quarterly report between January 15 and January 15, 2021, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 3.59%, the share has a forward dividend of 3.6 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.55%.