Economy

What Do Analysts' Recommend? - JC Penney Company, Inc. (NYSE: JCP)

A total of 38.89 Million shares exchanged hands during the intra-day trade compared with its average trading volume of 17.81 Million shares, while its relative volume stands at 2.18. The stock had previously closed at $3.12.

The current consensus rating on J.C. Penney Company, Inc. Holding in a research report on Tuesday, July 4th.

Let's have a look at some of the important valuation ratios of the J.C. Penney Company, Inc. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Argus Research maintained the shares of SYK in report on Wednesday, April 27 with "Buy" rating. Holding Company (NYSE:JCP) has insider ownership of 1.02% and institutional ownership of 72.14%. As J. C. Penney Company, Inc. has a P/S, P/E and P/B values of 0.08, 0 and 0.77 respectively. The stock of J C Penney Company Inc (NYSE:JCP) earned "Buy" rating by Deutsche Bank on Monday, August 31. The stock volatility for the week was 8.15% while for the month was 5.10%. The company has its outstanding shares of 364.52M. The rating was maintained by Cowen & Co with "Hold" on Friday, August 11. Institutional investors own 73.80% stake in the company while Beta factor, which is used to measure riskiness of the security, was 0.57. The Company's department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. (NYSE:JCP) Performing Well? Holding stock in a transaction dated Monday, August 21st.

On 8/22/2017 Jeffrey A Davis, CFO, bought 50,000 with an average share price of $3.62 per share and the total transaction amounting to $181,000.00.

EPS is the portion of a company's profit allocated to each exceptional share of common stock. The disclosure for this purchase can be found here. The co's performance for 6 months was reduced of -41.68%, 1-year performance stands at -62.45% and year to date showing reduced performance of -62.45%. Insiders own 1.02% of the company's stock. Great West Life Assurance Can holds 0.01% in J C Penney Company Inc (NYSE:JCP) or 447,620 shares. Cordasco Fincl Networks has invested 0% in J C Penney Company Inc (NYSE:JCP). During the past three months the stock slid -48.19%, bringing six months performance to -47.24%. The consensus recommendation is the average rating on a stock by the analyst community. First Trust Advisors Lp acquired 428,536 shares as Penney J C Inc (JCP)'s stock declined 35.14%. Holding by 3.1% in the second quarter. After a recent check, it is observed that the insiders for the firm now own 1.90% shares. Credit Suisse maintained J C Penney Company Inc (NYSE:JCP) on Monday, September 21 with "Underperform" rating. Quinn Opportunity Partners LLC now owns 40,900 shares of the department store operator's stock valued at $190,000 after acquiring an additional 5,000 shares during the period. Holding in the second quarter valued at $190,000. Based on a recent bid, its distance from 20 days simple moving average is -18.80%, and its distance from 50 days simple moving average is -24.05% while it has a distance of -43.79% from the 200 days simple moving average. Stock analysts try to figure out the future activity of an instrument, sector or market. Holding (NYSE:JCP) last announced its quarterly earnings results on Friday, August 11th. Its revenue totaled $2.84 billion up 4.95% from the previous quarter. Holding had a negative net margin of 0.94% and a positive return on equity of 10.55%. In contrast to the year ago quarter EPS was at -0.05. On average, analysts expect that J.C. Penney Company, Inc.

The company's quick ratio for most recent quarter is 0.2 along with current ratio for most recent quarter of 1.5.

ILLEGAL ACTIVITY NOTICE: This report was first published by TrueBlueTribune and is the property of of TrueBlueTribune.

Having a peek at growth estimates of the company, J.C. Penney Company Inc (NYSE:JCP) has current quarter growth estimates of -42.9% however it has -14.1% estimations over growth for the next quarter.



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