JPMorgan Chase & Co. (NYSE:JPM): Price To EPS Estimates Is 11.183

Shares of JPMorgan Chase & Co. (NYSE:JPM) are trading at $85.217 at the time of writing on the news and in the range of $84.150 – 85.319 for the current session. In taking a deeper look at the stock and where it might be headed, brokerage firms on Wall Street currently have a consensus one year price target of $94.100 on the shares. This is according to analysts surveyed by Thomson Reuters First Call.

The sell-side analysts are projecting earnings per share of $1.700 for the next fiscal quarter. For the current year, analysts are predicting earnings of $6.710 per share according to First Call. In looking at where the stock is trading on a technical level, the stock is trading -1.549% away from its 50 day moving average of $86.557.

Based on the most recent available data, the JPMorgan Chase & Co. (NYSE:JPM) is -9.324% off of its 52-week high of $93.980 and +49.372% away from its 52-week low, which is $57.050. In taking a look at the company’s valuation, the firm’s price to earnings ratio stands at 13.118. This is a crucial indicator investors’ watch as higher ratios compared to peers, would suggest higher future earnings growth potential for the stock.

The price to current year EPS estimates from research analysts currently stands at 12.700. In looking further ahead, potential investors should note that the company’s price to next year’s EPS estimates is 11.183. Today, the stock opened at $84.210 and the last bid at the time of writing stood at $85.217.

During the session thus far, the JPMorgan Chase & Co. (NYSE:JPM) dipped down to $84.150 and touched $85.319 as the high point. JP Morgan Chase & Co. Common St has a market cap of $302.72B and has seen an average daily volume of 15291600 over the past three months.

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