JPM stock: buy or sell?

JPM stock price: $132.16 -2.69% At close on February 24th, 2020

Updated on:
February 24th, 2020

4

J P Morgan Chase closed today at $132.16 and slipped a terrible -2.69%.

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 setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean JPM will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.

JPM stock chart (daily)

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 chart (weekly)

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.
JPM earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a3.56n/a
2017-Q32017-10-121.651.766.7%
2017-Q42018-01-121.691.764.1%
2018-Q12018-04-132.282.373.9%
2018-Q22018-07-132.222.293.2%
2018-Q32018-10-122.242.344.5%
2018-Q42019-01-152.21.98-10.0%
2019-Q12019-04-122.45n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/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%.

JPM annual Sales and Income evolution
YearSalesYoYIncome/(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 M2.27%$24,733 M25.9%1.19%
2017$100,705 M5.27%$24,441 M24.3%-1.18%
2018$109,029 M8.27%$32,474 M29.8%32.87%
TTM $110,245 M1.12%$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%.
JPM quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q4$23,376 M-$4,232 M18.1%-
2018-Q1$27,907 M19.38%$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 M11.54%$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 shares3,080.0 M
Float shares3,060.0 M
  - Institutional holdings (%)74.8%
  - Insider holdings (%)0.8%
Shares in short selling0.0%

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 patternlt01c
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 :
Stock3m6m12m
JPMJ P Morgan Chase0.95%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