JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon indicated in a recent interview with Yahoo Finance that he had not spoken with Facebook about the development of Libra. “But it’s very possible someone in the company did,” Dimon said. “Blockchain is real,” he said, citing his company’s foray into the space with JPM Coin blockchain. “And I think competition is real.” For Dimon, cryptocurrenciesbring disruption to the banking industry because they provide similar services that banks traditionally provided like money transmission, clearinghouse activity, and real-time payments though he adds, “It’s not an existential threat.”
The stock Earnings per share (EPS) and the diluted EPS are the profitability measures used in the fundamental analysis of companies. The figure of EPS only takes into account a JPMorgan Chase & Co. (NYSE:JPM) common shares, whereas the very important diluted EPS take into account all the convertible securities such as convertible bonds/convertible preferred stock, which are changed into equity or common stock. Dilutive effects occur when the number of shares increases, for example, through a new issue. If a company issues more shares to shareholders and other investors, this increases the number of shares outstanding and decreases the company’s earnings per share. Ultimately, this can decrease the stock price. JPMorgan Chase & Co. (NYSE:JPM) Diluted EPS is 9.27, whereas the EPS Estimate for next year is 10.64. The Annual EPS Growth of past 5 years is 15.70% and JPMorgan Chase & Co. (NYSE:JPM) yearly performance is 8.29% and net profit margin is 38.20%.
Key Performance indicators for JPMorgan Chase & Co. (NYSE:JPM), in last 4 months the performance of JPM was 10.44% while its price to sale ratio is 4.52 and price to book ratio is 1.58. Company return on investment (ROI) is 8.20%.
On 28 June 2019, JPMorgan Chase & Co. (NYSE:JPM), a Financial sector firm, traded 21.61 Million shares in last trading session and stock moved up 2.72% with closing price of $111.80 per share. withJPMorgan Chase & Co. (NYSE:JPM) traded 21.61 Million shares. The JPM distance from 20 day simple moving average is 2.35% and distance from 50-Day simple moving average is 0.65%.The relative strength index for stock is 56.60 and Average true range of JPM is 1.86.
Analyst’s mean target price for JPM is $118.76 while analysts mean recommendation is 2.30. The Stock value has moved between $90.89 – 118.94 in last one year. JPM market capitalization is 368716.41 with beta of 1.13. Company has 0.10% insider ownership.
JPMorgan Chase & Co. (NYSE:JPM) is under coverage by number of analysts. Stock has got OUTPERFORM rating from 7 of Thomson Reuters analysts, 14 given HOLD rating to the stock and 0 given UNDERPERFORM rating. Buy rating has been given by 8 analysts to the company stock.