Back to top

Image: Bigstock

JPMorgan Chase & Co. (JPM) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Read MoreHide Full Article

JPMorgan Chase & Co. (JPM - Free Report) closed at $329.05 in the latest trading session, marking a -1.81% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.05% for the day. Elsewhere, the Dow saw a downswing of 0.09%, while the tech-heavy Nasdaq depreciated by 0.24%.

Heading into today, shares of the company had gained 12.94% over the past month, outpacing the Finance sector's gain of 2.3% and the S&P 500's loss of 1.42%.

Market participants will be closely following the financial results of JPMorgan Chase & Co. in its upcoming release. The company plans to announce its earnings on July 14, 2026. On that day, JPMorgan Chase & Co. is projected to report earnings of $5.44 per share, which would represent year-over-year growth of 9.68%. In the meantime, our current consensus estimate forecasts the revenue to be $48.29 billion, indicating a 7.53% growth compared to the corresponding quarter of the prior year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $22.44 per share and a revenue of $195.45 billion, indicating changes of +10.32% and +7.12%, respectively, from the former year.

It's also important for investors to be aware of any recent modifications to analyst estimates for JPMorgan Chase & Co. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.17% higher within the past month. Currently, JPMorgan Chase & Co. is carrying a Zacks Rank of #2 (Buy).

Looking at valuation, JPMorgan Chase & Co. is presently trading at a Forward P/E ratio of 14.94. This represents a premium compared to its industry average Forward P/E of 13.63.

One should further note that JPM currently holds a PEG ratio of 1.56. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As the market closed yesterday, the Financial - Investment Bank industry was having an average PEG ratio of 1.09.

The Financial - Investment Bank industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 107, positioning it in the top 44% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

Published in