Shares of JPMorgan Chase & Co. (NYSE:JPM) recorded -0.48% loss during trading session on January 11th, 2019. The script traded as low as $98.95 and last traded at $99.91. 15.38 million shares changed exchanged hands during trading, an increase of 15.24% from the 30-day average session volume of 18.15M shares. The firm had previously closed at $100.39. The company has $3.34B outstanding shares, a price-to-earnings ratio of 11.59, price-to-earnings-growth ratio of 4.55and a beta of 1.13. The company has a RSI of 46.92, ATR of 2.69 and a volatility of 1.66% this week. JPM has a 52 week low price of $91.11 and a 52 week high price of $119.33.
Investors have identified the tech company JPMorgan Chase & Co. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 333.84B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
JPMorgan Chase & Co. (JPM) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For JPM, the company has in raw cash 217.63 billion on their books with 20.24 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 14.18 billion total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
JPM were able to record 13.77 billion as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 419.1 billion. In cash movements, the company had a total of 0 as operating cash flow.
Potential earnings growth for JPMorgan Chase & Co. (JPM)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, JPMorgan Chase & Co. recorded a total of 19.84 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.16% coming in sequential stages and their sales for the third quarter increasing by 0.05%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 5.93 billion trying to sell their products during the last quarter, with the result yielding a gross income of 13.91 billion. This allows shareholders to hold on to 3.34B with the revenue now reading 2350 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (2.45 cents a share).
Is the stock of JPM attractive?
Having a look at the company’s valuation, the company is expected to record 9.87 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JPM sounds very interesting.
In related news, Director HOBSON MELLODY L bought 1,150 shares of the company’s stock in a transaction that recorded on October 19th, 2019. The purchase was performed at an average price of 108.94, for a total value of 125,281. As the purchase deal closes, the Co-President & COO, CEO CCB HOBSON MELLODY L now sold 30,725 shares of the company’s stock, valued at 3,503,031. Also, Director by Deputization JPMORGAN CHASE & CO bought 22,000 shares of the company’s stock in a deal that was recorded on May 31st, 2019. The shares were bought at an average cost of 1000.00 per share, with a total market value of 22,000. Following this completion of disposal, the Director now holds 13,000 shares of the company’s stock, valued at 1,489,898. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
11 out of 31 analysts covering the stock have rated it a Buy, while 12 have maintained a Hold recommendation on JPMorgan Chase & Co. stock. 1 analysts has assigned a Sell rating on the JPM stock. The 12-month mean consensus price target for the company’s shares has been set at $120.07.