More and more people are talking about JP Morgan Chase & Co. over the last few weeks. Is it worth buying the Banking stock at a price of $147.43? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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JP Morgan Chase & Co. has moved 28.0% over the last year, and the S&P 500 logged a change of 20.0%
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JPM has an average analyst rating of buy and is -13.12% away from its mean target price of $169.7 per share
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Its trailing earnings per share (EPS) is $15.55
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JP Morgan Chase & Co. has a trailing 12 month Price to Earnings (P/E) ratio of 9.5 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $15.03 and its forward P/E ratio is 9.8
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The company has a Price to Book (P/B) ratio of 1.47 in contrast to the S&P 500's average ratio of 2.95
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JP Morgan Chase & Co. is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
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JPM has reported YOY quarterly earnings growth of 38.8% and gross profit margins of 0.0%
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JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services to consumers and small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; payments and cross-border financing; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and large corporations; and commercial real estate banking services to investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.