JP Morgan Chase & Co (NYSE:JPM) shares traded -0.01% down during most recent session to reach at the closing price of $100.39. The stock exchanged hands 14.38 Million shares versus average trading capacity of 18.15 Million shares, yielding a market cap of $338.93 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $120.07 within the next 52-weeks. The mean target projections are based on 27 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have JP Morgan Chase & Co (NYSE:JPM) high price target of $138 and with a conservative view have low price target of $81.
Morgan Stanley “Maintained” JP Morgan Chase & Co (NYSE:JPM) in a research note issued to investors on 1/08/19 to Overweight with price target of $124.
Additionally on 1/08/19 Jefferies “Downgrades” JP Morgan Chase & Co (NYSE:JPM) to Hold setting price target at $0 and on 12/07/18 Credit Suisse “Maintained” the stock to Outperform at $128. Furthermore on 9/26/18 Citigroup “Maintained” the stock to Neutral at $125.
On the other hand the company has Relative Strength Index (RSI 14) of 47.92 along with Average True Range (ATR 14) of 2.73, Consequently JP Morgan Chase & Co (NYSE:JPM)’s weekly and monthly volatility is 1.96%, 2.77% respectively. The company’s beta value is at 1.13.
In terms of Buy, Sell or Hold recommendations, JP Morgan Chase & Co (NYSE:JPM) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts JP Morgan Chase & Co (NYSE:JPM)’s minimum EPS for the current quarter is at $2.09 and can go high up to $2.4. The consensus mean EPS for the current quarter is at $2.25 derived from a total of 23 estimates from the analysts who have weighed in on projected earnings. However the company reported $1.76 earnings per share for the same quarter during last year.
Previously JP Morgan Chase & Co (NYSE:JPM) reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $0.09. The company posted an earnings surprise of 4%.
JP Morgan Chase & Co (NYSE:JPM)’s revenue estimates for the current quarter are $27.28 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $28.09 Billion in contradiction of low revenue estimates of $26.39 Billion. For the current year the company’s revenue estimates are $111.23 Billion compared to low analyst estimates of $109.31 Billion and high estimates of $112.82 Billion according to 21 number of analysts.
Currently JP Morgan Chase & Co (NYSE:JPM)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 75.2%. However the six-month change in the insider ownership was recorded -0.87%, as well as three-month change in the institutional ownership was recorded 0.42%.
JP Morgan Chase & Co (NYSE:JPM)’s trailing twelve month revenues are $73.4 Billion, whereas its price to sales ratio for the same period is 4.62. Its book value per share for the most recent quarter is $68.48 while its price to book ratio for the same period is 1.47, as for as the company’s cash per share for the most recent quarter is $331.43, however its price to cash per share ratio for the same period is 0.3. The stock has 5 year expected PEG ratio of 1.2 whereas its trailing twelve month P/E ratio is 11.65.