JPMorgan Chase & Co. (JPM) Exceeds Market Returns: Some Facts to Consider

Company Performance - JPMorgan Chase & Co. closed at $192.66, with a +1.24% increase from the previous day, outperforming the S&P 500's gain of 0.63% [1] - The stock has gained 6.3% over the past month, surpassing the Finance sector's gain of 2.48% and the S&P 500's gain of 1.76% [1] - The upcoming earnings report is scheduled for April 12, 2024, with an anticipated EPS of $4.25, reflecting a 3.66% increase year-over-year, and a projected revenue of $40.94 billion, indicating a 6.76% rise from the same quarter last year [1] Analyst Estimates - For the fiscal year, earnings are projected at $15.93 per share and revenue at $160.43 billion, showing changes of -1.85% and +1.47% from the prior year, respectively [2] - Recent adjustments to analyst estimates indicate positive sentiment towards the company's business operations and profit generation capabilities [2] - The Zacks Rank system, which rates stocks from 1 (Strong Buy) to 5 (Strong Sell), currently ranks JPMorgan Chase & Co. at 3 (Hold) [3] Valuation Metrics - JPMorgan Chase & Co. has a Forward P/E ratio of 11.95, which is higher than the industry average of 10.74, indicating a premium valuation [3] - The company has a PEG ratio of 2.39, compared to the average PEG ratio of 1.54 for the Banks - Major Regional industry [3] Industry Context - The Banks - Major Regional industry is part of the Finance sector and holds a Zacks Industry Rank of 76, placing it in the top 31% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]