JPMorgan Chase & Co (NYSE: JPM) on Monday, plunged -1.39% from the previous trading day, before settling in for the closing price of $249.72. Within the past 52 weeks, JPM’s price has moved between $154.38 and $254.31.
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Annual sales at Financial sector company grew by 14.88% over the past five years. The company achieved an average annual earnings per share of 13.17%. With a float of $2.80 billion, this company’s outstanding shares have now reached $2.82 billion.
Let’s look at the performance matrix of the company that is accounted for 309926 employees. In terms of profitability, gross margin is 99.65%, operating margin of 58.71%, and the pretax margin is 40.58%.
JPMorgan Chase & Co (JPM) Insider Updates
Observing investor behavior towards Banks – Diversified industry stocks is more important than anything else. The insider ownership of JPMorgan Chase & Co is 0.39%, while institutional ownership is 73.60%. 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
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 3.04 earnings per share (EPS) for the period falling under the consensus outlook (set at 3.6) by -0.56. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 1.67% 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
JPMorgan Chase & Co (JPM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.52. Likewise, its price to free cash flow for the trailing twelve months is 6.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 17.98, a number that is poised to hit 3.88 in the next quarter and is forecasted to reach 16.84 in one year’s time.
Technical Analysis of JPMorgan Chase & Co (JPM)
JPMorgan Chase & Co (NYSE: JPM) saw its 5-day average volume 7.27 million, a negative change from its year-to-date volume of 9.05 million. As of the previous 9 days, the stock’s Stochastic %D was 63.48%. Additionally, its Average True Range was 4.76.
During the past 100 days, JPMorgan Chase & Co’s (JPM) raw stochastic average was set at 87.29%, which indicates a significant increase from 48.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.03% in the past 14 days, which was lower than the 28.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $227.11, while its 200-day Moving Average is $206.87. Nevertheless, the first resistance level for the watch stands at $249.32 in the near term. At $252.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $254.54. If the price goes on to break the first support level at $244.10, it is likely to go to the next support level at $241.96. Assuming the price breaks the second support level, the third support level stands at $238.88.
JPMorgan Chase & Co (NYSE: JPM) Key Stats
Market capitalization of the company is 693.28 billion based on 2,815,341K outstanding shares. Right now, sales total 239,425 M and income totals 49,552 M. The company made 69,665 M in profit during its latest quarter, and 12,898 M in sales during its previous quarter.
