Published: Sat, November 18, 2017
Money | By Michele Stevens

Taking a Fresh Look at JC Penney Company, Inc. (JCP)


Zacks Investment Research cut J.C. Penney from a strong-buy rating to a hold rating in a report on Monday, October 17th.

Insider Trading Activity for J. C. Penney Company, Inc. They now have $3.00 target price on the department store operator's stock.

Analyzing recent insider trading activity at J. C. Penney Company, Inc. Holding in a report on Wednesday, August 16th. (NYSE:JCP) is worth US$982.13 Million and has recently risen 3.27% to US$3.16. Holding from a "buy" rating to a "hold" rating in a report on Saturday, August 12th. Two analysts have rated the stock with a sell rating, twenty-one have issued a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Guggenheim initiated coverage on J.C. Penney in a report on Friday, September 30th. Holding presently has a consensus rating of Hold and a consensus target price of $5.03. BidaskClub raised J.C. Penney Company, Inc. Holding (JCP) opened at $3.16 on Tuesday. The company has a market cap of $927.08, a P/E ratio of 10.64, a PEG ratio of 2.52 and a beta of 0.53. The Firm has ATR of 0.25 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price if it was outside of current range. Narrowing in a bit closer, the 5 month price index is 0.56584, the 3 month is 0.58386, and the 1 month is now 0.77684. The value of the investment in JCP went from $2,057,000 to $2,243,000 a change of $186,000 since the last quarter. Holding had a negative net margin of 1.43% and a positive return on equity of 7.60%.

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According to 21 analysts, the Average Revenue Estimate for the current Fiscal quarter is $3.98 Billion and the Low Revenue estimate is $3.94 Billion, while the High Revenue estimate is $4.1 Billion. With an institutional ownership near 72.3%, it carries an earnings per share ratio of -0.41. J. C. Penney Company, Inc. dipped to as low as $3.05 throughout the day and has returned -61.97% in this year. While in the same Quarter Previous year, the Actual EPS was $0.64.

TRADEMARK VIOLATION NOTICE: "J.C. Penney Company, Inc". The original version of this article can be accessed at https://www.truebluetribune.com/2017/11/17/j-c-penney-company-inc-holding-company-jcp-downgraded-by-susquehanna-bancshares-inc-to-neutral.html.

J. C. Penney Company, Inc is a holding company. Holding stock in a transaction that occurred on Tuesday, August 22nd. The stock was bought at an average cost of $3.64 per share, with a total value of $491,891.40.

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J.C. Penney Company Inc (NYSE:JCP) as of recent trade, has shown weekly upbeat performance of 14.91% which was maintained at -10.48% in 1-month period. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Jeffrey A. Davis bought 50,000 shares of the firm's stock in a transaction on Tuesday, August 22nd. The firm now has $12.00 price target on the department store operator's stock, up from their prior price target of $9.53. Institutional investors and hedge funds own 87.09% of the company's stock. The disclosure for this purchase can be found here.

If we look at the past company's performance moves, then it recent movement are telling different stories about price movement in different time period. Holding by 1.7% in the 2nd quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of J.C. Penney Company, Inc. Holding by 3.1% in the 2nd quarter.

The Price to book ratio is the current share price of a company divided by the book value per share. IL now owns 33,625 shares of the department store operator's stock valued at $156,000 after buying an additional 1,000 shares during the last quarter. Karp Capital Management Corp bought a new position in shares of J.C. Penney Company, Inc. Holding by 6.8% in the 1st quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of J.C. Penney Company, Inc. Holding by 11.6% in the 1st quarter. 7 or 87.5% of the trades during the past quarter were buys, and 1 or 12.5% were sells.

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J. C. Penney Company, Inc is a holding company.

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