Now trading at a price of $150.34, JP Morgan Chase & Co. has moved 3.1% so far today.
JP Morgan Chase & Co. returned gains of 36.0% last year, with its stock price reaching a high of $159.38 and a low of $110.72. Over the same period, the stock outperformed the S&P 500 index by 13.0%. More recently, the company's 50-day average price was $147.95. JPMorgan Chase & Co. operates as a financial services company worldwide. Based in New York, NY, the large-cap Finance company has 300,066 full time employees. JP Morgan Chase & Co. has not offered a dividend during the last year.
The Business Runs With Low Debt Levels:
| 2018-02-27 | 2019-02-26 | 2020-02-25 | 2021-02-23 | 2022-02-22 | 2023-02-21 | |
|---|---|---|---|---|---|---|
| Revenue (MM) | $100,705 | $108,783 | $115,720 | $119,951 | $121,649 | $128,695 |
| Operating Margins | 36% | 37% | 39% | 30% | 49% | 36% |
| Net Margins | 24% | 30% | 31% | 24% | 40% | 28% |
| Net Income (MM) | $24,441 | $32,474 | $36,431 | $29,131 | $48,334 | $37,676 |
| Earnings Per Share | $6.31 | $9.0 | $10.72 | $9.44 | $16.21 | $12.71 |
| EPS Growth | n/a | 42.63% | 19.11% | -11.94% | 71.72% | -21.59% |
| Diluted Shares (MM) | 3,577 | 3,414 | 3,230 | 3,087 | 2,982 | 2,965 |
| Long Term Debt (MM) | $284,080 | $282,031 | $291,498 | $281,685 | $301,005 | $295,865 |
JP Morgan Chase & Co. Is Reasonably Valued:
JP Morgan Chase & Co. has a trailing twelve month P/E ratio of 9.5, compared to an average of 14.34 for the Finance sector. Based on its EPS guidance of $14.97, the company has a forward P/E ratio of 9.9. The company doesn't provide forward earnings guidance, and the compound average growth rate of its last 6 years of reported EPS is 16.2%. On this basis, JP Morgan Chase & Co.'s PEG ratio is 0.59. Using instead the 9.8% weighted average of JP Morgan Chase & Co.'s earnings CAGR and the broader market's anticipated 5-year EPS growth rate, the company's PEG ratio is 0.97, which implies that its shares may be underpriced. Additionally, the market is possibly undervaluing JP Morgan Chase & Co. in terms of its equity because its P/B ratio is 1.53 whereas the sector average is 1.57. The company's shares are currently trading -10.5% below their Graham number.
JP Morgan Chase & Co. Has an Average Rating of Buy:
The 25 analysts following JP Morgan Chase & Co. have set target prices ranging from $140.0 to $215.0 per share, for an average of $169.14 with a buy rating. As of April 2023, the company is trading -12.5% away from its average target price, indicating that there is an analyst consensus of some upside potential.
JP Morgan Chase & Co. has a very low short interest because 0.6% of the company's shares are sold short. Institutions own 71.1% of the company's shares, and the insider ownership rate stands at 0.89%, suggesting a small amount of insider investors. The largest shareholder is Vanguard Group Inc, whose 9% stake in the company is worth $41,112,071,964.
