Market Update: JPMorgan Chase (NYSE:JPM) – Mark Costa to Address J.P. Morgan Aviation, Transportation and Industrials Conference

[ACN Newswire] – Media Advisory Issued March 1, 2016 J.P. Morgan Aviation, Transportation and Industrials Conference Mark Costa, Chairman and Chief Executive Officer, Eastman Chemical Company (NYSE:EMN), will address the … Read more on this. JPMorgan Chase & Co. (JPM) , valued at $217.90B, opened at $56.76. Shares have traded today between $56.67 and $59.20 per share with a one year range of $50.07 to $70.61. J.P. Morgan (JPM) shares are currently priced at 9.84x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.27x earnings multiple for the same period. The company pays shareholders $1.76 per share in dividend income per year, for a current yield of 3.06%. In a review of the consensus earnings estimate this quarter, 28 sell-side analysts are looking at $1.30 per share, which would be $0.15 worse than the year-ago quarter and a $0.25 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $5.72 would be a $0.28 worse when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $23.67 Billion. If reported, that would be a 4.63% decrease over the year-ago quarter. Recently, Portales Partners downgraded JPM from Sector Perform to Underperform (Feb 22, 2016). Previously, Nomura downgraded JPM from Buy to Neutral. When considering if the stock is under or overvalued, the average price target is $70.07, which is 23.45% above where the stock opened this morning. See more in (NYSE:JPM) Similar Articles: Company Update: JPMorgan Chase (NYSE:JPM) – Ally Financial taps J.P. Morgan to advise on activist fight Company Update: JPMorgan Chase (NYSE:JPM) – J.P. Morgan leads a huge investment in this hot cloud startup Company Update: JPMorgan Chase (NYSE:JPM) – MOVES-J.P. Morgan Asset Management appoints Diana Amoa senior portfolio manager