JPMorgan Chase & Co (NYSE: JPM) has reported E.P.S. of $4.45 for its first fiscal quarter (ending March 31) versus $4.11 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $16.58 versus $13.59 for the same period a year ago.
Recent Price Action
On 4/12/24, JPMorgan Chase & Co (NYSE: JPM) stock suffered a large decline of -6.5%, closing at $182.79. Moreover, exceptionally high trading volume at 370% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -6.6% during the last week.
Current PriceTarget Research Rating
JPM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
JPMorgan Chase has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. JPMorgan Chase has a very high Power Rating of 93 and a very high Appreciation Score of 93, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment