JPMorgan Chase & Co. (JPM) Beats Stock Market Upswing: What Investors Need to Know

Company Performance - JPMorgan Chase & Co. ended the recent trading session at $250.29, showing a +0.7% change from the previous day's closing price, outperforming the S&P 500's daily gain of 0.3% [1] - Over the past month, shares of JPMorgan Chase & Co. have gained 11.8%, surpassing the Finance sector's gain of 4.87% and the S&P 500's gain of 2.1% [1] Upcoming Earnings Report - The company is scheduled to release its earnings on January 15, 2025, with projected earnings of $3.81 per share, indicating a year-over-year decline of 4.03% [2] - The consensus estimate forecasts revenue to be $40.28 billion, reflecting a 4.41% growth compared to the same quarter of the previous year [2] Full Year Estimates - For the full year, analysts expect earnings of $17.62 per share and revenue of $174.79 billion, representing changes of +8.56% and +10.56% respectively from last year [3] Analyst Estimates and Stock Performance - Changes in analyst estimates for JPMorgan Chase & Co. are crucial as they often reflect short-term business dynamics, with positive revisions indicating a favorable outlook on the company's health and profitability [4] - Empirical research shows that revisions in estimates correlate with stock price performance, leading to the formation of the Zacks Rank, which includes these estimate changes [5] Zacks Rank and Valuation - The Zacks Rank system ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks returning an average of +25% annually since 1988; currently, JPMorgan Chase & Co. holds a Zacks Rank of 3 (Hold) [6] - The company has a Forward P/E ratio of 14.1, which is lower than the industry average of 17.15, suggesting it is trading at a discount [7] PEG Ratio and Industry Ranking - JPMorgan Chase & Co. has a PEG ratio of 3.61, compared to the Financial - Investment Bank industry's average PEG ratio of 1.55 [8] - The Financial - Investment Bank industry is part of the Finance sector and currently holds a Zacks Industry Rank of 42, placing it in the top 17% of all industries [8][9]