JPMorgan Chase & Co (NYSE: JPM) has reported earnings for its fourth fiscal quarter (ending December 31) of $4.82 versus $3.04 for the same period a year ago — an increase of 59%. This result exceeded the consensus estimate of $4.03 by $0.79. E.P.S. were $19.79 for the latest four quarters through December 31 versus $16.25 for the same period a year ago — an increase of 22%.
Recent Price Action
JPMorgan Chase & Co (NYSE: JPM) stock increased 2.0% on 1/15/25. The shares closed at $252.35. Moreover, exceptionally high trading volume at 201% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 4.8% during the last week.
Current PriceTarget Research Rating
JPMorgan Chase has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. JPMorgan Chase has a good Power Rating of 82 and a very high Appreciation Score of 89, leading to the Highest Value Trend Rating.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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