Looking at top Wall Street opinions, JPMorgan Chase & Co. (NYSE: JPM) has recently made its way into the research list of Jefferies – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Hold in the eyes of Jefferies, whereas its previous rating was Buy in the eyes of Jefferies, as reported on Tuesday, January 8th, 2019. Another heavy-hitting research note was published by Barclays on Wednesday January 2nd, 2019, with this firm Reiterated JPM to an updated rating of Overweight. In the past six months and three months of trading, shares of JPMorgan Chase & Co. (JPM) have moved by -7.94% and 4.95%, respectively.
Brokerage Updates Related to JPMorgan Chase & Co. (JPM) Stock
This publicly-traded organization generated gains of 2.30% over the last 5 sessions. Right now, this stock is the subject of 31 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a single analyst have given an underperform rating, 1 has given a sell rating and 10 have given a rating of Buy or better. Based on the 31 stock market experts following this company, the average 12-month price target is $115.98. Moreover, individual price targets range between $85.00-$140.00. With its recent move to $115.00, we can see that these firms project this stock will loss by -9.38% in one year.
Updates from JPMorgan Chase & Co. (JPM) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.10% rise since the beginning of the calendar year. A Director at JPMorgan Chase & Co. (JPM) bought some of its shares in a transaction that was finalized on Feb 05. Scher Peter sold 18,679 shares of the organization’s stock at $105.00 apiece and racked up $1,961,340 in earnings from the sale. Now, Scher Peter holds 0 shares of the company following the exchange. A Chief Information Officer of the organization named Beer Lori A, was engaged in a transaction that occurred on Jan 29 that managed to be worth $1,400,806 from the sale of 13,341 common shares at a price of $105.00 per individual share.
JPMorgan Chase & Co. (NYSE:JPM) Results in the Pipeline
The next scheduled release of financial results for JPMorgan Chase & Co. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $2.20. In the same vein, they expect sales for the quarter to amount to $26,829.10 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $26,804.00 million in revenue alongside EPS at $1.98. On average, the analyst projection was calling for $27,822.00 million with $2.34 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $28,388.00 million, with earnings per share ending up at $2.29.
QUALCOMM Incorporated (NASDAQ:QCOM) experienced a gain of 0.02% from the closing price in the previous trading day. That boost the price to $55.40 per share, as observed on March 14th, 2019, at a time when the total trading volume reached 7,300,837 shares of stock – compared to the typical average of 15.31M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $63.56.
Pricing Indications for QUALCOMM Incorporated (QCOM)
This organization has had a price-to-earnings ratio of 36.81 in the last year. In the most recent trading session, the daily high was $55.87, bringing the per-share value 0.02% high its 52-week high and about -27.58% more expensive than its 52-week low. Meanwhile, it gained 53.31 from its observable 50-day simple moving average. Right at this moment, the per-share value is -8.02% lower than the mean per-share price over the last 200 days in the market.
QUALCOMM Incorporated (NASDAQ:QCOM) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 2 have a Buy rating, 9 have an outperform rating, while 15 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.50, based on information from Thomson Reuters.
QCOM Stock Value Potential
In trading activity as of late, this stock’s value was 60.21 up from its 200 day moving average, while also 3.86% up when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $54.00-$76.70. The market value for the entire organization reached 67.68B. After the trading day started off at the price of $55.40, these shares nearly bottomed out at its low price of $55.25 and nearly peaked at $55.87 as its full-day high price. In the last trading session, the price ended the day at $55.39. The institutional holdings related to this organization account for 0.09%, and the Beta factor is now 1.22. This company’s RSI (Relative Strength Index) managed to hit 60.72.
QUALCOMM Incorporated (NASDAQ:QCOM) Analyst Points of Focus
QUALCOMM Incorporated (QCOM) has found itself inside of UBS’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Neutral, by UBS, as garnered from a news report on Thursday January 31st, 2019. An additional helpful research note was sent out by Susquehanna’s on Thursday January 31st, 2019. The brokerage decided to reiterated QCOM to Positive.