J P Morgan Chase & Co (JPM) Earns Media Sentiment Score of 0.13
News coverage about J P Morgan Chase & Co (NYSE:JPM) has trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. J P Morgan Chase & Co earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.7622467338819 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Analysts Anticipate J P Morgan Chase & Co (JPM) Will Post Quarterly Sales of $25.23 Billion (americanbankingnews.com)
- Zacks Investment Research Lowers J P Morgan Chase & Co (JPM) to Hold (americanbankingnews.com)
- Investors most neutral on U.S. longer-dated bonds in 5 years – JPMorgan (feeds.reuters.com)
- JPMorgan Chase & Co. – Value Analysis (NYSE:JPM) : August 29, 2017 (finance.yahoo.com)
- JPMorgan Chase Waives Consumer Fees, to Donate $1 Million to Hurricane Relief (nasdaq.com)
Shares of J P Morgan Chase & Co (JPM) traded down 0.55% during midday trading on Tuesday, hitting $91.10. 10,886,082 shares of the stock traded hands. The company has a market capitalization of $320.53 billion, a P/E ratio of 13.44 and a beta of 1.19. J P Morgan Chase & Co has a 1-year low of $65.11 and a 1-year high of $95.22. The stock has a 50 day moving average of $92.15 and a 200 day moving average of $88.91.
J P Morgan Chase & Co (NYSE:JPM) last announced its earnings results on Friday, July 14th. The financial services provider reported $1.82 earnings per share for the quarter, topping analysts’ consensus estimates of $1.59 by $0.23. The business had revenue of $25.50 billion for the quarter, compared to analyst estimates of $24.38 billion. J P Morgan Chase & Co had a return on equity of 11.53% and a net margin of 24.13%. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 EPS. Equities research analysts predict that J P Morgan Chase & Co will post $6.81 earnings per share for the current fiscal year.
Several brokerages recently weighed in on JPM. UBS AG reaffirmed a “buy” rating and set a $101.00 price objective on shares of J P Morgan Chase & Co in a research report on Monday, May 15th. Keefe, Bruyette & Woods set a $96.00 price objective on shares of J P Morgan Chase & Co and gave the company a “hold” rating in a research report on Saturday, August 19th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $95.00 price objective on shares of J P Morgan Chase & Co in a research report on Friday, August 18th. Zacks Investment Research raised shares of J P Morgan Chase & Co from a “hold” rating to a “buy” rating and set a $103.00 price objective on the stock in a research report on Thursday, August 24th. Finally, Instinet reaffirmed a “neutral” rating and set a $84.00 price objective (down previously from $87.00) on shares of J P Morgan Chase & Co in a research report on Saturday, June 3rd. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nineteen have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $85.72.
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In other J P Morgan Chase & Co news, General Counsel Stacey Friedman sold 9,968 shares of the company’s stock in a transaction dated Monday, August 21st. The stock was sold at an average price of $90.55, for a total value of $902,602.40. Following the transaction, the general counsel now directly owns 10,527 shares in the company, valued at approximately $953,219.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nicole Giles sold 1,000 shares of the company’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $91.29, for a total value of $91,290.00. Following the completion of the transaction, the insider now owns 3,783 shares in the company, valued at $345,350.07. The disclosure for this sale can be found here. Insiders sold a total of 28,564 shares of company stock worth $2,605,334 over the last 90 days. Corporate insiders own 0.88% of the company’s stock.
About J P Morgan Chase & Co
JPMorgan Chase & Co is a financial holding company. The Company is engaged in investment banking, financial services. It operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines (ATMs), online, mobile and telephone banking.
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