JPMorgan’s Positive Outlook (NYSE:JPM)

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JPMorgan Chase & Co. (NYSE:JPM) is looking tops… at least it is according to MSN. JPM’s stock has been rated with some top honors as it ranks 10 on MSN’s scale.  It is projects that the company’s stock will have a high return with low risk. 

Reviewing the summary of positives for the company include: 1) The price-to-earnings multiple is lower than average for all stocks in the StockScouter universe.  2) The most recent quarterly earnings report was much higher than analysts’ consensus forecast.  3) The ratio of JPM's price-to-earnings multiple to its five-year growth rate is about the same or slightly above the average of all stocks in the StockScouter universe.

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JPM does have one negative mark being that one or more analysts has significantly decreased quarterly earnings estimates for JPM, although that does not seem to have impacted the consensus EPS estimate since it is currently at $0.92 for September which is up a penny from 30 days ago and up $0.11 from 60 days ago.

Over the past 12 months JPMorgan Chase & Co (JPM) shares have traded between a 52-week low of $35.16 and its 52-week high of $48.20.  JPMorgan Chase & Co shares are now trading with a P/E Ratio of 11.6 and EPS of 3.39.  JPM shares are trading at $40.11, up 2.53% or $0.99 and volume is currently at 27.27M shares traded.

JPM shares last checked in trading at $24.05, up 0.5% / $0.12 with a volume of 39.10M shares traded. Real time chart below:

JPM

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