JP MORGAN CHASE-JPMorgan Chase & Co. (JPM) Stock Dips While Market Gains: Key Facts

Core Viewpoint - JPMorgan Chase & Co. is experiencing fluctuations in stock performance, with a recent decline in share price, while showing strong growth over the past month compared to the broader market and finance sector [1][2]. Group 1: Stock Performance - JPMorgan Chase & Co. closed at $246.25, reflecting a -1.39% change from the previous day, which is less than the S&P 500's daily gain of 0.25% [1]. - Over the past month, the company's shares have gained 12.01%, outperforming the Finance sector's gain of 4.93% and the S&P 500's gain of 3.51% [1]. Group 2: Earnings Forecast - The upcoming earnings report is scheduled for January 15, 2025, with projected earnings per share (EPS) of$ 3.81, indicating a 4.03% decrease from the same quarter last year [2]. - Revenue is expected to be $40.28 billion, reflecting a 4.41% growth compared to the corresponding quarter of the previous year [2]. Group 3: Annual Estimates - For the entire year, the Zacks Consensus Estimates forecast earnings of$ 17.62 per share and revenue of $174.79 billion, representing changes of +8.56% and +10.56%, respectively, compared to the previous year [3]. Group 4: Analyst Estimates - Recent changes in analyst estimates for JPMorgan Chase & Co. are important as they reflect evolving short-term business trends, with positive revisions indicating analysts' confidence in the company's performance [4]. Group 5: Valuation Metrics - JPMorgan Chase & Co. is currently trading with a Forward P/E ratio of 14.17, which is lower than the industry average of 17.18, suggesting the company is trading at a discount [7]. - The company's PEG ratio stands at 3.62, compared to the average PEG ratio of 1.55 for the Financial - Investment Bank industry [8]. Group 6: Industry Ranking - The Financial - Investment Bank industry, which includes JPMorgan Chase & Co., has a Zacks Industry Rank of 48, placing it in the top 20% of over 250 industries [8][9].