$2.26 EPS Expected for JPMorgan Chase & Co. (JPM)

March 19, 2018 - By Richard Conner

 $2.26 EPS Expected for JPMorgan Chase & Co. (JPM)
Investors sentiment decreased to 0.91 in Q3 2017. Its down 0.28, from 1.19 in 2017Q2. It worsened, as 65 investors sold JPMorgan Chase & Co. shares while 767 reduced holdings. 125 funds opened positions while 635 raised stakes. 2.50 billion shares or 7.05% less from 2.69 billion shares in 2017Q2 were reported.
Skylands Cap Ltd Liability Corporation holds 1.44% or 113,500 shares. Mason Street Advsrs Llc reported 488,497 shares or 1.14% of all its holdings. Cabot reported 8.58% in JPMorgan Chase & Co. (NYSE:JPM). Amundi Pioneer Asset Incorporated accumulated 5.92 million shares or 1.8% of the stock. Interocean Limited Liability owns 69,114 shares. Lombard Odier Asset Management (Switzerland) invested 0.14% in JPMorgan Chase & Co. (NYSE:JPM). Marble Harbor Investment Counsel Ltd Liability Corp reported 0.05% in JPMorgan Chase & Co. (NYSE:JPM). Atlantic Tru Grp Inc Ltd Liability Corp owns 4.40M shares. Accredited has invested 0.4% in JPMorgan Chase & Co. (NYSE:JPM). Qs Investors Ltd Com has 0.3% invested in JPMorgan Chase & Co. (NYSE:JPM) for 387,026 shares. 975,211 are owned by Texas Permanent School Fund. Mechanics Savings Bank Trust Department owns 34,893 shares. Stoneridge Inv Prtn Ltd Liability owns 1.84% invested in JPMorgan Chase & Co. (NYSE:JPM) for 122,182 shares. Guardian Life Insurance Comm Of America has invested 0.12% in JPMorgan Chase & Co. (NYSE:JPM). New York-based Knott David M has invested 0.94% in JPMorgan Chase & Co. (NYSE:JPM).

Since October 25, 2017, it had 1 insider purchase, and 9 sales for $22.34 million activity. $1.03M worth of JPMorgan Chase & Co. (NYSE:JPM) was sold by Lake Marianne. Friedman Stacey had sold 2,099 shares worth $214,019 on Wednesday, October 25. Another trade for 65,101 shares valued at $7.31M was sold by Erdoes Mary E.. Another trade for 3,783 shares valued at $425,399 was sold by Giles Nicole. BACON ASHLEY sold $1.84M worth of JPMorgan Chase & Co. (NYSE:JPM) on Saturday, January 13. On Friday, January 19 the insider Scher Peter sold $3.01M.

Analysts expect JPMorgan Chase & Co. (NYSE:JPM) to report $2.26 EPS on April, 12.They anticipate $0.61 EPS change or 36.97 % from last quarter’s $1.65 EPS. JPM’s profit would be $7.76B giving it 12.57 P/E if the $2.26 EPS is correct. After having $1.76 EPS previously, JPMorgan Chase & Co.’s analysts see 28.41 % EPS growth. The stock decreased 1.54% or $1.78 during the last trading session, reaching $113.66. About 4.44M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 33.74% since March 19, 2017 and is uptrending. It has outperformed by 17.04% the S&P500.

JPMorgan Chase & Co. (NYSE:JPM) Ratings Coverage

Among 33 analysts covering JPMorgan Chase & Co (NYSE:JPM), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. JPMorgan Chase & Co had 113 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Outperform” rating by BMO Capital Markets on Thursday, April 14. As per Monday, January 11, the company rating was downgraded by Goldman Sachs. Vetr downgraded the stock to “Strong-Buy” rating in Friday, August 28 report. The stock of JPMorgan Chase & Co. (NYSE:JPM) earned “Neutral” rating by Goldman Sachs on Thursday, July 6. As per Monday, January 18, the company rating was upgraded by Atlantic Securities. The stock has “Neutral” rating by Nomura on Wednesday, September 7. On Wednesday, December 6 the stock rating was maintained by RBC Capital Markets with “Buy”. Ertse Group downgraded the shares of JPM in report on Monday, April 25 to “Hold” rating. The rating was downgraded by Buckingham Research to “Neutral” on Monday, October 17. The rating was initiated by Berenberg on Wednesday, July 13 with “Sell”.

JPMorgan Chase & Co. operates as a financial services firm worldwide. The company has market cap of $390.02 billion. It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management divisions. It has a 18.01 P/E ratio. The Consumer & Community Banking segment offers deposit and investment services and products to consumers; lending, deposit, and cash management and payment solutions to small businesses; residential mortgages and home equity loans; and credit cards, payment services, payment processing services, auto loans and leases, and student loans.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.