Electronics

JC Penney Company, Inc. (JCP) Should Investors Listen?

JC Penney Company, Inc. (JCP) Should Investors Listen?

Jefferies Group LLC's target price indicates a potential downside of 5.36% from the company's previous close.

On October 30 analysts at B. Riley released a research note on JCP stating a rating of "Hold" and setting a price target of $4.00. Zacks Investment Research upgraded J.C. Penney Company, Inc. The stock of Target Corporation (NYSE:TGT) earned "Hold" rating by Stifel Nicolaus on Wednesday, August 9. As per Sunday, August 16, the company rating was maintained by Sterne Agee CRT. BMO Capital Markets lowered their price objective on J.C. Penney Company, Inc. Holding from a neutral rating to a sell rating and decreased their price target for the stock from $4.00 to $3.00 in a research report on Monday, October 30th.

Shares of J.C. Penney Company, Inc. Holding from a "sell" rating to a "hold" rating in a research note on Tuesday, October 17th. Tudor Investment Corp ET AL raised its position in J.C. Penney Company, Inc. At the moment, the average analyst rating for JCP is Hold. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Creative Planning increased its position in J.C. Penney by 7.5% in the second quarter. For the current quarter J.C. Penney Company Inc (NYSE:JCP) has high EPS estimates of $-0.4 in contradiction of low EPS estimates of $-0.46. Considering that the stock daily volume of 54.32 million shares, this represents a pretty noteworthy trading in volume size. (NYSE:JCP) touched its 1-Year High price of $10.74 on 12/08/16 and its 1-Year Low price of $ 2.35 on 11/08/17. The company has market cap of $1.14 billion. Holding Company (NYSE:JCP) in a research report report published on Friday, October 27th. The department store operator reported ($0.33) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.43) by $0.10. The firm had revenue of $2.86 billion for the quarter, compared to analysts' expectations of $2.95 billion. The return on assets stands at -1.3%, Return on Equity now is -9.6% and the Return on Investment value is 5.9%. Holding's revenue for the quarter was down 1.8% compared to the same quarter past year. The value of the company's investment in J.C. Penney Company Inc decreased from $1,080,000 to $936,000 a change of $144,000 quarter to quarter. During the same quarter past year, the company earned ($0.21) earnings per share.

Shawn Mendes, Eminem and U2 among winners at MTV Europe Music Awards
As host, she also had 13 costume changes throughout the night! After the show, he took to his Instagram to thank the crowd. Rita looked flawless with her hair wrapped up in a towel, seemingly inspired by Mario Testino's famous towel series.

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J. C. Penney Company, Inc. According to today's trading volume J. C. Penney Company, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days. Following the purchase, the chairman now owns 2,852,280 shares in the company, valued at $9,925,934.40. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Holding news, Director Javier G. Teruel purchased 135,135 shares of the stock in a transaction that occurred on Tuesday, August 22nd. Following the completion of the transaction, the director now owns 518,970 shares in the company, valued at approximately $1,889,050.80. The disclosure for this purchase can be found here. First Dallas Securities Inc. owns 478,750 shares or 1.63% of their USA portfolio. Great West Life Assurance Co Can invested in 0.01% or 447,620 shares. BlackRock Inc. boosted its stake in shares of J.C. Penney Company, Inc. The shares price has positioned -15.92% down over the past quarter while it has directed -26.96% toward a falling position throughout past six months. SG Americas Securities LLC boosted its stake in shares of J.C. Penney Company, Inc. Holding by 3.1% in the second quarter. IL lifted its position in J.C. Penney Company, Inc. Holding by 12.8% in the first quarter. IL now owns 33,625 shares of the department store operator's stock worth $156,000 after acquiring an additional 1,000 shares during the period. Equities analysts predict that J.C. Penney will post $0.06 earnings per share for the current year. The stock of J C Penney Company Inc (NYSE:JCP) has "Equal-Weight" rating given on Monday, February 13 by Morgan Stanley.


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