In the previous session, stock of Jupai Holdings Limited (JP) opened at $1.8330 and last traded at $1.8600 x 800. More than 84,009 shares exchanged hands compared to an average daily volume of 76,989 shares. At the current pps, the market capitalization stands at 62.459M.
Fundamentals you simply cannot ignore
Investors try to use stocks with high beta values to quickly recoup their investments after sharp market losses. Jupai Holdings Limited (JP) currently has a Beta value of 0.97 . Beta is a measurement of a stock’s price fluctuations, which is often called volatility and is used by investors to gauge how quickly a stock’s price will rise or fall. A stock with a beta of greater than 1.0 is riskier and has greater price fluctuations, while stocks with beta values of less than 1.0 are steadier and generally larger companies. Beta is often measured against the S&P; 500 index. An S&P; 500 stock with a beta of 2.0 produced a 20 percent increase in returns during a period of time when the S&P; 500 Index grew only 10 percent. This same measurement also means the stock would lose 20 percent when the market dropped by only 10 percent. Next, let’s take a look at Jupai Holdings Limited (JP) current P/E ratio. Jupai Holdings Limited (JP) currently has a PE ratio of 1.45. PE ratio is an important parameter to look at when trading a stock mostly because it is easy to calculate. There are a couple of ways to calculate PE ratio either by dividing share price by earnings per share or dividing the market cap by net income. It is important to note that the earnings are usually taken from the trailing twelve months (TTM). Nevertheless, P/E tells us how much an investor is willing to pay for $1 of a company’s earnings. The long-term average P/E is around 15, so on average, investors are willing to pay $15 for every dollar of earnings. Another useful way to look at this: Turn the P/E ratio around to look at the E/P ratio, which when expressed as a percentage gives us the earnings yield. For instance: 1/15 gives us an earnings yield of 6.67%.
While we have already looked at Jupai Holdings Limited (JP) beta and P/E ratio, the EPS cannot be ignored. Jupai Holdings Limited (JP) EPS for the trailing twelve months was 1.2810. Traders and investors often use earnings per share (TTM) to determine a company’s profitability for the past year. So in essence, EPS is the amount of a company’s net income per share of common stock. Earnings per share equal the company’s net income less any dividends paid on preferred stock divided by the weighted average number of common stock shares outstanding during the year. Jupai Holdings Limited (JP) is estimated to release its next earnings report on {{marketwatch_FYReportDate}} (N/A-Not know at this time). It would be interesting to see how the earnings fair out considering the recent developments.
Technical chart:
The Analyst Chirp:
Jupai Holdings Limited (JP) has received an average target price from analysts of ${{marketwatch_AverageTargetPrice}} amounting to a recommendation rating of {{marketwatch_AverageRecommendation}}. That comes from {{marketwatch_NumberofRatings}} different analysts. Perhaps, the driver for that assessment comes from the company’s valuations. Right now, we are looking at a median price-to-earnings ratio for this calendar year of {{marketwatch_MedianPEonCYEstimate}}. To give a sense of trend, the same data point on the estimate for next year is currently sitting at {{marketwatch_MedianPEonNextFYEstimate}} times earnings. Drilling down a bit further, this quarter, we are looking at an average estimate from analysts for earnings per share level of {{marketwatch_NoofEstimates_this_quarter}}. That shift to {{marketwatch_NoofEstimates_next_quarter}} heading into next quarter.
So whats the buzz ?
As per the recent press release: SHANGHAI, Aug. 5, 2019 /PRNewswire/ — Jupai Holdings Limited (“Jupai” or the “Company”) (JP), a leading third-party wealth management service provider, focusing on distributing wealth management products and providing quality product advisory services to high-net-worth individuals in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2019.
It’s important to take a look at the institutional holding in stock as their next move is to tout the company’s merits and drive interest in the stock and cause an increase in pps. The major holders so far as follows: 2.59% of Shares Held by All Insider, 6.25% of Shares Held by Institutions, 6.42% of Float Held by Institutions, 1 Number of Institutions Holding Shares.
The top 5 institutional holders are as follows: Ubs Asset Management Americas Inc – 3,323,505, Arrowstreet Capital, Limited Partnership – 147,688, Allianz Asset Management GmbH – 101,935, JP Morgan Chase & Company – 67,246, Advisory Services Network, LLC – 33,272..