JPM stock: buy or sell?
Updated on:
February 24th, 2020
4
JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management segments.
Should I buy JPM stock?
Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading plan that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.Currently, J P Morgan Chase stock doesn't match any of these trading strategies, so our recommendation is not to buy.
| Buy setup | Elegible |
|---|---|
| New all-time high | No |
| New 52 week high | No |
| Price crossing up 200d MA | No |
| 100d MA crossing up 200d MA | No |
Is J P Morgan Chase stock a buy?
Financial institutions and banks post stock ratings everyday.
Unfortunately, we couldn't detect any rating for JPM stock for the last 30 days.JPM stock analysis
Daily outlook
Shares of J P Morgan Chase slipped a terrible -2.69% and closed at $132.16.
J P Morgan Chase shares slipped -2.69% to $132.16 today. On Jan/14, JPM hit new all time highs, pushing higher previous ATH of $140.20 recorded on January. New ATHs are usual entry points for many trading setups as there aren't higher resistences.
Weekly outlook
J P Morgan Chase closed this week at $132.16 and eased a rough -2.69%.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $140.76 resistance. Not so far away is the last all-time high J P Morgan Chase marked by mid January. Late August 2019 JPM price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late May 2019 when SMA20w and SMA40w crossed up, JPM price gained $24.78 per share (23.08%).
JPM stock price history
JPM stock went public on March 17th, 1980 with a price of $0.001. Since then, JPM stock surged a inf%, with a yearly average of inf%. If you had invested $1,000 in JPM stock in 1980, it would worth $inf today.
1: Adjusted price after possible price splits or reverse-splits.
JPM stock historical price chart
JPM stock reached all-time highs on January/14 with a price of $140.76.
JPM stock price target
Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' JPM stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for J P Morgan Chase stock by any trusted analyst.Financials and fundamental analysis
Earnings date and Earnings per Share
Since April, when J P Morgan Chase published its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.| Quarter | Reporting date | Estimated EPS | Actual EPS | Surprise |
|---|---|---|---|---|
| 2017-Q2 | - | n/a | 3.56 | n/a |
| 2017-Q3 | 2017-10-12 | 1.65 | 1.76 | 6.7% |
| 2017-Q4 | 2018-01-12 | 1.69 | 1.76 | 4.1% |
| 2018-Q1 | 2018-04-13 | 2.28 | 2.37 | 3.9% |
| 2018-Q2 | 2018-07-13 | 2.22 | 2.29 | 3.2% |
| 2018-Q3 | 2018-10-12 | 2.24 | 2.34 | 4.5% |
| 2018-Q4 | 2019-01-15 | 2.2 | 1.98 | -10.0% |
| 2019-Q1 | 2019-04-12 | 2.45 | n/a | n/a |
| 2019-Q2 | - | n/a | n/a | n/a |
| 2019-Q3 | - | n/a | n/a | n/a |
Annual financial results
In 2018, J P Morgan Chase annual turnover soared a very good 8.27% to $109,029.00 million USD from $100,705.00 marked in 2017. When comparing 2018 vs 2017, improving that, profit margin (that is, the net income divided by revenues) rose a 5.51% to 29.78%. J P Morgan Chase fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, J P Morgan Chase TTM sales up to March 2019 were $110,245.00 and earnings $32,941.00 M USD. When comparing this TTM figures with the last reported annuality, we can review J P Morgan Chase business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, appreciated a slightly good 1.12%. In the same way, profit margin (net income/sales) stayed stable at 29.78%.| Year | Sales | YoY | Income/(margin) | YoY |
|---|---|---|---|---|
| 2014 | $94,205 M | - | $21,762 M23.1% | - |
| 2015 | $93,543 M | -0.70% | $24,442 M26.1% | 12.32% |
| 2016 | $95,668 M | 2.27% | $24,733 M25.9% | 1.19% |
| 2017 | $100,705 M | 5.27% | $24,441 M24.3% | -1.18% |
| 2018 | $109,029 M | 8.27% | $32,474 M29.8% | 32.87% |
| TTM | $110,245 M | 1.12% | $32,941 M29.9% | 1.44% |
Quarterly financial results
J P Morgan Chase reported $29,123.00 M in sales for 2019-Q1, a 11.54% improvement compared to previous quarter. Reported quarter income marked $9,179.00 million with a profit margin of 31.52%. Profit margin inched a 4.45% compared to previous quarter when profit margin was 27.06%. When comparing sales to same quarter last year, J P Morgan Chase sales marked a good gain and grew a 4.36%.| Quarter | Sales1 | QoQ2 | Income1/(margin) | QoQ2 |
|---|---|---|---|---|
| 2017-Q4 | $23,376 M | - | $4,232 M18.1% | - |
| 2018-Q1 | $27,907 M | 19.38% | $8,712 M31.2% | 105.86% |
| 2018-Q2 | $27,753 M | -0.55% | $8,316 M30.0% | -4.55% |
| 2018-Q3 | $27,260 M | -1.78% | $8,380 M30.7% | 0.77% |
| 2018-Q4 | $26,109 M | -4.22% | $7,066 M27.1% | -15.68% |
| 2019-Q1 | $29,123 M | 11.54% | $9,179 M31.5% | 29.90% |
J P Morgan Chase ownership
When you are planning to buy shares of a company, it's always worth to have a look its ownership structure.Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For J P Morgan Chase, 0.84% of all outstanding shares are owned by its staff.
In case of J P Morgan Chase stock, 74.80% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for JPM stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to J P Morgan Chase:
| JPM | |
|---|---|
| Market cap | $407.1 B |
| Total shares | 3,080.0 M |
| Float shares | 3,060.0 M |
| - Institutional holdings (%) | 74.8% |
| - Insider holdings (%) | 0.8% |
| Shares in short selling | 0.0% |
JPM summary
| Monday, February 24th, 2020 | |
|---|---|
| Open | $131.44 |
| Close | $132.16 |
| Day range | $130.80 - $133.20 |
| Previous close | $135.81 |
| Session gain | -2.69% |
| Average true range | $2.14 |
| 50d mov avg | $136.56 |
| 100d mov avg | $130.66 |
| 200d mov avg | $120.33 |
| Daily pattern | lt01c |
| Weekly pattern | lb02a |
J P Morgan Chase performance
To better understand J P Morgan Chase performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare J P Morgan Chase to :| Stock | 3m | 6m | 12m |
|---|---|---|---|
| JPMJ P Morgan Chase | 0.95% | 22.04% | 30.28% |
J P Morgan Chase competitors
Unfortunately, we could not find any public company that could be defined as J P Morgan Chase competitor. This doesn't mean J P Morgan Chase does not have any competitor in the market, it's just we could not detected it.Latest JPM stock news
- CNN MoneyJPMorgan settles with black financial advisers who alleged discriminationSeptember 4, 2018
- Seeking AlphaJPMorgan: Backing Up The Truck Before Having To Chase ItSeptember 3, 2018
- CNN MoneyJPMorgan just made another high-profile artificial intelligence hireAugust 28, 2018
- Investors.comNasdaq, S&P 500 Post New Highs; JPMorgan Near EntryAugust 27, 2018
- CNN MoneyDiscount brokerages face a new threat: JPMorganAugust 24, 2018