JPMorgan Chase & Co. (NYSE:JPM) Rating Lowered to "Sell" at Wall Street Zen

Key Points

• Wall Street Zen downgraded JPMorgan Chase from “hold” to “sell.” Analyst views remain mixed: MarketBeat reports a “Moderate Buy” consensus and a $368.33 average price target.
• JPMorgan’s latest quarter missed estimates, reporting earnings per share of $5.75 versus $5.94 expected and revenue of $50.17 billion versus $51.23 billion expected. Revenue nevertheless rose 8.1% year over year.
• The stock opened at $334.67, with a 52-week range of $279.10 to $366.50. Insider Robin Leopold also sold 2,500 shares under a pre-arranged trading plan.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) was downgraded by investment analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Saturday, Wall Street Zen reports.

A number of other research firms also recently commented on JPM. Weiss Ratings downgraded shares of JPMorgan Chase & Co. from a "buy (a-)" rating to a "buy (b+)" rating in a report on Friday, October 23rd. Zacks Research downgraded shares of JPMorgan Chase & Co. from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 14th. The Goldman Sachs Group reiterated an "outperform" rating and set a $392.00 price objective on shares of JPMorgan Chase & Co. in a research report on Tuesday, October 13th. Jefferies Financial Group reaffirmed a "neutral" rating on shares of JPMorgan Chase & Co. in a research report on Friday, September 25th. Finally, UBS Group boosted their price objective on shares of JPMorgan Chase & Co. from $395.00 to $400.00 and gave the stock a "buy" rating in a report on Monday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $368.33.

JPMorgan Chase & Co. Stock Performance

NYSE JPM opened at $334.67 on Friday. The stock has a market cap of $889.61 billion, a PE ratio of 14.77, a P/E/G ratio of 1.34 and a beta of 1.03. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a 50-day moving average of $341.87 and a 200-day moving average of $323.78. JPMorgan Chase & Co. has a 52-week low of $279.10 and a 52-week high of $366.50.

JPMorgan Chase & Co. (NYSE:JPM - Get Free Report) last announced its quarterly earnings data on Tuesday, October 13th. The financial services provider reported $5.75 earnings per share for the quarter, missing the consensus estimate of $5.94 by ($0.19). The company had revenue of $50.17 billion for the quarter, compared to analyst estimates of $51.23 billion. JPMorgan Chase & Co. had a net margin of 21.85% and a return on equity of 18.48%. JPMorgan Chase & Co.'s revenue for the quarter was up 8.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $5.07 EPS. On average, sell-side analysts anticipate that JPMorgan Chase & Co. will post 23.95 EPS for the current year.

Insider Buying and Selling at JPMorgan Chase & Co.

In other news, insider Robin Leopold sold 2,500 shares of the company's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the sale, the insider directly owned 71,047 shares of the company's stock, valued at $25,066,092.07. This represents a 3.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.41% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in JPM. E Fund Management Co. Ltd. lifted its holdings in shares of JPMorgan Chase & Co. by 7.1% in the 2nd quarter. E Fund Management Co. Ltd. now owns 29,956 shares of the financial services provider's stock valued at $9,805,000 after buying an additional 1,973 shares during the period. Edmond DE Rothschild Holding S.A. boosted its stake in shares of JPMorgan Chase & Co. by 4.6% in the second quarter. Edmond DE Rothschild Holding S.A. now owns 343,644 shares of the financial services provider's stock valued at $112,485,000 after purchasing an additional 15,017 shares during the period. Neumann Capital Management LLC bought a new stake in JPMorgan Chase & Co. in the 3rd quarter valued at about $3,457,000. First National Bank of Mount Dora Trust Investment Services grew its position in JPMorgan Chase & Co. by 18.7% during the 1st quarter. First National Bank of Mount Dora Trust Investment Services now owns 41,218 shares of the financial services provider's stock worth $12,125,000 after purchasing an additional 6,492 shares in the last quarter. Finally, FAS Wealth Partners Inc. boosted its stake in JPMorgan Chase & Co. by 4.3% during the 1st quarter. FAS Wealth Partners Inc. now owns 43,527 shares of the financial services provider's stock valued at $12,804,000 after purchasing an additional 1,794 shares during the period. 71.55% of the stock is currently owned by institutional investors and hedge funds.

More JPMorgan Chase & Co. News

Here are the key news stories impacting JPMorgan Chase & Co. this week:

• Positive Sentiment: JPMorgan’s disciplined duration management and stable deposits may help protect its balance sheet if rates remain high. However, funding costs and regulatory exposure are still risks. JPM Flags Higher Rate Risks: Can Its Balance Sheet Stay Resilient?
• Positive Sentiment: ETFs bought about $65.6 million of JPM shares on Nov. 4, a supportive demand signal, though one day of flows may not indicate a lasting trend. 42 ETFs Add to JPMorgan Chase (JPM) on Nov. 4
• Neutral Sentiment: JPMorgan’s M&A chief expects a softer 2027, but suggested private-equity firms may eventually need to sell assets, potentially improving exit activity. JPMorgan’s M&A chief sees softer 2027—but a potential upside surprise in private equity exits
• Negative Sentiment: Senate Finance Committee Democrats plan to scrutinize JPMorgan’s relationship with Epstein and how senior executives handled it. The probe could prolong reputational and regulatory uncertainty; the reports do not establish wrongdoing. Democrats to probe JPMorgan's relationship with Epstein when they take Senate control

About JPMorgan Chase & Co.

JPMorgan Chase & Co is a global financial services company serving consumers, businesses, institutional clients and governments. Its operations include consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management.

The company offers services such as deposit accounts, credit cards, mortgages, auto financing, lending, payment processing and investment advice. It also provides institutional clients with investment banking, markets, treasury and securities services, and commercial lending.

Headquartered in New York City, JPMorgan Chase serves customers across the United States and operates in many international markets.

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