How JPMorgan Chase & Co. (JPM) Is Doing Technically?

The stock of JPMorgan Chase & Co. (NYSE:JPM) increased by increased by $2.28 on Friday to finish at $171.78, up 1.35 percent. The last five days have seen an average of 9,229,040 shares of common stock traded. 30 times new highs were reached in the current year, with a gain of $44.71. The average number of shares traded over the last 20 days was 11,793,170, while the average volume over the last 50 days totaled 10,836,268.

JPM stock appreciated 6.58% since last month. On 09/23/21, the company’s shares reached a one-month low of $157.67. The stock touched a high of $171.51 on 10/22/21, after rallying from a low of $95.24 in 52 weeks. The price of JPM stock has risen by 35.19% or $44.71 this year, reaching a new high 30 times. Still, the stock price is up 0.16% from the 52-week high.


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Valuation Metrics

JPMorgan Chase & Co. (JPM) has a trailing price-to-earnings (P/E) ratio of 10.87. This level actually compares favorably with the industry at large, as the PE for the Banks – Diversified industry stands at about 11.28. Further, its PE also compares favorably with the Financial sector’s trailing 12 months PE ratio, which comes in at 13.15 right now. The PE ratio of JPMorgan Chase & Co. has varied between 18.85 and 7.372 in the last five years. Beta for the stock is 1.15. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 8.82, the price-to-book (PB) ratio of 2.06.

JPMorgan Chase & Co.’s dividend is $4.00 per share per year. With a dividend yield of 2.33%, JPM has a payout ratio of 28.50%. Company paid $1.00 per share in dividends, an increase of 11.11% from $0.90 last year. A $0.10 dividend increase was reported on Tuesday September 21 2021, making it the 1 consecutive year the dividend has increased. Over the last three years, dividends have increased by 76.47%.

The company’s long-term debt to equity ratio for the quarter ending June 29 is 1.18, and the total debt to equity ratio is 1.18. JPMorgan Chase & Co.’s operating margin stood at 81.50% for the same period. Based on annual data, it had gross profit of $54.56 billion and revenue of $64.52 billion.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. JPM’s return on assets (ROA) during the last 12 months has been 1.10%. There was a 4.70% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 15.60%. ROE has averaged 11.10 in the past year for the broader industry.

Earnings Surprise

According to JPMorgan Chase & Co.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that JPMorgan Chase & Co.’s quarterly earnings would be $3.78, but it ended up being $3.2, beating the consensus by 18.10%. At the end of JPMorgan Chase & Co.’s most recent quarter ended June 29, its total debt was $721.53 billion.

Technical Picture

Here’s a quick look at JPMorgan Chase & Co.’s (JPM) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 65.56%, suggesting the stock is Neutral, with a 22.46% historical volatility rate.

The stochastic %K and %D were 91.34% and 83.34% respectively, while the average true range (ATR) was 3.18. Based on the 14-day stochastic reading of 97.42%, the RSI (14) reading is 63.04%. On the 9-day MACD Oscillator, the stock is at 3.63, and the 14-day reading is at 2.97.

Analyst Ratings

Analysts have assigned JPMorgan Chase & Co. (JPM) an Overweight rating. JPM is a stock that is recommended for selling by 2 brokerage firms, while 8 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 1 rate it overweight and 15 others recommend it as a buy.

What is JPM’s price target for the next 12 months?

The current consensus forecast for the stock is between $125.00 and $200.00, with a median target price of $175.00. In analyzing these forecasts, the average price target given by analysts for JPMorgan Chase & Co. (JPM) is $173.53.

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