Jefferies raised the price target for the JPMorgan Chase & Co. (NYSE:JPM) stock from “a Hold” to “a Buy”. The rating was released on January 07, 2021. We previously noted in another research note published on January 07, 2021 by BofA Securities that upgraded the stock from a Neutral to a Buy for JPM stock. The research report from Daiwa Securities has initiated the stock to Outperform, with a price target set at $139. The stock was downgraded by Morgan Stanley, who disclosed in a research note on November 30, 2020, from Overweight to Underweight. In their research brief published November 19, 2020, Keefe Bruyette analysts downgraded the JPMorgan Chase & Co. stock from Outperform to Mkt Perform with a price target of $130.
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Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $3.79 during the last quarter as opposed to a consensus estimate of $2.62, which indicates the company beat its estimate by $1.17, which implies that the company surprised the market by 44.70%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2021) is $2.84. This is an average of 21 analysts’ earnings, where the high earnings per share estimate is $3.55 and the low earnings per share estimate is $2.39. According to 15 analyst estimates, an average revenue estimate of $29.82B is projected for the current quarter with a high revenue estimate of $30.87B and a low estimate of $28.99B.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of JPMorgan Chase & Co. (NYSE:JPM) raised 0.78% to close Wednesday’s market session at $150.62, higher as compared to yesterday’s close. The stock price fluctuated between $149.86 and $153.18 throughout the trading session with the volume trading being 13055698 shares, which represented a significant variation when compared to the three months average volume of 14.85 million shares. The firm’s stock price fluctuated -2.88% within the last five trades and 0.01% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 59.78% in the last 6 months and 21.91% was added to its value over the previous 3 months. JPM stock is trading at a margin of -1.36%, 4.55% and 31.03% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, JPM deals in the Financial domain. The stock is trading -6.85 percent below its 52-week high and 82.79 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 71.86. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does JPMorgan Chase & Co.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 69.10 percent and the profit margin is 42.50 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $467.05 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for JPMorgan Chase & Co. (NYSE:JPM) is 16.95. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 13.15. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 7.24 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.86, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.10 percent of JPMorgan Chase & Co. shares are owned by insiders, and 72.90 percent are held by financial institutions. BURKE STEPHEN B, the Director at JPMorgan Chase & Co. (JPM) has bought 75,000 shares of firm on Apr 16 at a price of $87.99 against the total amount of $6.6 million. In another inside trade, BACON ASHLEY, Chief Risk Officer of JPMorgan Chase & Co. (NYSE:JPM) sold 13,027 shares of the firm on Apr 15 for a total worth of $1.19 million at a price of $91.12.
How JPMorgan Chase & Co. (JPM) Stock Is Sustainable?
To Conclude, the score of Environmental, Social and Governance (ESG) has been traditionally used by investors to measure the actions of corporations and to make their future financial predictions. According to the ESG rating scale, there are five hazard levels in the scale: marginal, weak, moderate, high, and extreme. The next generation ESG score is a scale from 0 to 100 where 100 represents the most extreme situation. The score was designed to assist investors at safety and investment level in identifying and recognizing financially relevant ESG threats. A current assessment of the JPMorgan Chase & Co.’s sustainability factors indicates that it scores at 49 or 49th percentile overall, with an Environment Score of 1.0 or 1.0 percentile, a Social Score of 16.1 or 16.1 percentile, and a Governance Score of 10.8 or 10.8 percentile.