JPMorgan Chase & Co. (JPM) is trending due to upward earnings estimate revisions and currently holds a Zacks Rank #3 (Hold), with valuation models suggesting the stock is undervalued by 23.2%.
- Current quarter EPS estimates rose to $5.26 (+3.8% YoY), while the fiscal year estimate reached $21.37 (+5.1%).
- The stock is trading below its fair P/E ratio, currently sitting at 14.81x compared to the fair value of 16.31x.
- JPM is trading at $307.49, reflecting a 0.52% gain, aligning with broader market strength.