Brokerages in Wall Street forecast JPM are going to post an EPS of $3.09 for the present fiscal quarter. Estimates have been provided by 3 analysts which range between $2.82 and $3.39. Last year, during the same period, the company posted a $1.38 EPS. Its next results for quarterly earnings are scheduled to be posted on 13th July, Tuesday.
Stock Commentary On JPM
General consensus among analysts indicates that JPM will have a $13.02 yearly EPS for the present fiscal year. The estimates range between $10.41 and $14.19. Estimates for the upcoming year peg the yearly EPS as $12.02 with estimates ranging between $10.95 and $12.61.
Its latest data on quarterly earnings was posted on 13th April, Tuesday. An EPS of $4.50 was reported overshooting the consensus $3.10 estimate. In the report, its revenue stood at $32.30B. It also reported a 31.15% net margin and a 16.66% equity return.
JPM has been covered by several analysts recently. Royal Bank of Canada increased their target price to $160 from $150 while issuing a rating of “outperform” on 15th April, Thursday. Wells Fargo & Co. increased their target price to $195 from $190 while issuing a rating of “overweight” on 30th April, Friday. Atlantic Securities reissued their rating of “neutral” while issuing a target price of $150 on 3rd May, Monday. DZ Bank restated their rating of “buy” on 6th April, Tuesday. Morgan Stanley increased their target price to $150 from $142 while issuing a rating of “overweight” on 1st March, Monday.
On Thursday, JPM traded upwards by $0.68, hitting a value of $166.74. The trading volume for the day stood at 457,656. The highest and lowest value of the stock over a period of 52 weeks stands at $167.44 and $90.78 respectively. The market capitalization value stands at $504.74B with a 1.21 beta.