JPMorgan Chase & Co (NYSE:JPM) shares traded 3.22% higher at $232.44 on Wall Street last session.
JPM stock price is now -9.63% away from the 50-day moving average and 2.04% away from the 200-day moving average. The market capitalization of the company currently stands at $649.93B.
With the price target enhanced from $215 to $220, Robert W. Baird Upgraded its rating from Underperform to Neutral for JPMorgan Chase & Co (NYSE: JPM). On January 03, 2025, Wolfe Research Upgraded its previous ‘Peer Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $269, while ‘Oppenheimer’ rates the stock as ‘Perform’
In other news, Rohrbaugh Troy L, Co-CEO CIB sold 37,500 shares of the company’s stock on Feb 20 ’25. The stock was sold for $10,118,869 at an average price of $269.84. Upon completion of the transaction, the Co-CEO CIB now directly owns 158,381 shares in the company, valued at $36.81 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 20 ’25, Co-CEO, Commercial and Investm Troy Rohrbaugh bought 37,500 shares of the business’s stock. A total of $10,118,868 was incurred on buying the stock at an average price of $269.84. A total of 0.36% of the company’s stock is owned by insiders.
During the past 12 months, JPMorgan Chase & Co has had a low of $179.20 and a high of $280.25. According to the stock market information, the enterprise value for the company is $264374894592, which is based on a 11.77 price-to-earnings ratio, a 1.95 price-to-earnings-growth ratio, and a beta of 1.04. The fifty day moving average price for JPM is $257.2216 and a two-hundred day moving average price translates $227.79375 for the stock.
The latest earnings results from JPMorgan Chase & Co (NYSE: JPM) was released for 2024-12-31. The net profit margin was 20.12% and return on equity was 17.28% for JPM. The company reported revenue of $47.57 billion for the quarter, compared to $47.38 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.38 percent.
