A new trading day began on Friday, with JPMorgan Chase & Co (NYSE: JPM) stock price up 0.25% from the previous day of trading, before settling in for the closing price of $236.38. JPM’s price has ranged from $143.62 to $248.00 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 14.88% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 12.94%. With a float of $2.80 billion, this company’s outstanding shares have now reached $2.88 billion.
In an organization with 309926 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.0%, operating margin of 45.7%, and the pretax margin is 39.85%.
JPMorgan Chase & Co (JPM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Diversified Industry. The insider ownership of JPMorgan Chase & Co is 0.39%, while institutional ownership is 74.36%. The most recent insider transaction that took place on Jun 20 ’24, was worth 872,311. In this transaction General Counsel of this company sold 4,415 shares at a rate of $197.58, taking the stock ownership to the 37,709 shares. Before that another transaction happened on Jun 10 ’24, when Company’s Chief Risk Officer sold 5,086 for $199.54, making the entire transaction worth $1,014,857. This insider now owns 212,265 shares in total.
JPMorgan Chase & Co (JPM) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 2.8 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.26 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.57% during the next five years compared to 12.53% growth over the previous five years of trading.
JPMorgan Chase & Co (NYSE: JPM) Trading Performance Indicators
Here are JPMorgan Chase & Co’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.44. Likewise, its price to free cash flow for the trailing twelve months is 6.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.98, a number that is poised to hit 3.87 in the next quarter and is forecasted to reach 16.79 in one year’s time.
Technical Analysis of JPMorgan Chase & Co (JPM)
Let’s dig in a bit further. During the last 5-days, its volume was 12.75 million. That was better than the volume of 9.1 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.74%. Additionally, its Average True Range was 5.81.
During the past 100 days, JPMorgan Chase & Co’s (JPM) raw stochastic average was set at 80.70%, which indicates a significant increase from 61.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.28% in the past 14 days, which was higher than the 28.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $217.22, while its 200-day Moving Average is $201.62. However, in the short run, JPMorgan Chase & Co’s stock first resistance to watch stands at $238.95. Second resistance stands at $240.93. The third major resistance level sits at $242.51. If the price goes on to break the first support level at $235.39, it is likely to go to the next support level at $233.81. Assuming the price breaks the second support level, the third support level stands at $231.83.
JPMorgan Chase & Co (NYSE: JPM) Key Stats
With a market capitalization of 668.87 billion, the company has a total of 2,815,341K Shares Outstanding. Currently, annual sales are 239,425 M while annual income is 49,552 M. The company’s previous quarter sales were 69,665 M while its latest quarter income was 12,898 M.
