JC Penney Company, Inc. Holding Company (JCP) Upgraded at Zacks Investment Research

Paterniano Del Favero
Agosto 15, 2017

Other equities analysts have also issued research reports about the company.

Insider Trades for J. C. Penney Company, Inc. show that the latest trade was made on 6 Aug 2017 where Amend (Michael), the Officer completed a transaction type "Sell" in which 20745 shares were traded at a price of $5.39. Holding from $7.00 to $11.00 and gave the stock an "outperform" rating in a report on Monday, May 15th.

Shares of J.C. Penney Company, Inc. Holding and gave the stock a "hold" rating in a research note on Monday, July 10th. Horrell Capital Management Inc. boosted its stake in shares of J.C. Penney Company, Inc. Holding in a research report on Wednesday, May 17th. Oppenheimer Holdings, Inc. reissued a "hold" rating on shares of J.C. Penney Company, Inc. Holding in a report on Friday, June 16th. Holding from a "buy" rating to a "neutral" rating and set a $5.00 price target for the company.in a report on Monday, May 15th. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Holding (NYSE:JCP) traded down 16.56% during trading on Thursday, reaching $3.93. JCP closed at price of $3.93 after 116.46 million shares traded at hands. For the current year the company's revenue estimates are $12.2 Billion compared to low analyst estimates of $11.72 Billion and high estimates of $12.48 Billion according to the prediction of 19 analysts. The company has a 50 day moving average price of $4.97 and a 200 day moving average price of $5.55. The company has market cap of $1.21 billion. Holding (NYSE:JCP) last posted its quarterly earnings results on Friday, August 11th. The department store operator reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.03. Return on Equity (ROE) stands at 0% and Return on Investment (ROI) of 5.9 percent.

J.C. Penney Company Inc (NYSE:JCP) has average revenue estimates of $2.84 Billion, compared to low analyst estimates of $2.73 Billion and high estimates of $2.96 Billion for the current quarter. The liquidations weighed on the company's gross margin and earnings per share, and CEO Marvin Ellison said the charges were isolated to the second quarter. The company's revenue was up 1.5% compared to the same quarter past year. Holding will post $0.49 earnings per share for the current fiscal year. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of U.S. and worldwide trademark and copyright legislation. If you are reading this piece of content on another domain, it was stolen and republished in violation of United States & global trademark & copyright law. Deutsche Bank AG upped their target price on shares of J.C. Penney Company, Inc. Telsey Advisory Group lifted their price target on shares of J.C. Penney Company, Inc. Holding by 45.7% in the first quarter. Horrell Capital Management Inc. now owns 27,360 shares of the department store operator's stock valued at $169,000 after buying an additional 100 shares during the last quarter. Dynamic Management Ltd has invested 0.26% in J C Penney Company Inc (NYSE:JCP). Holding by 47.3% in the first quarter. Vanguard Group Inc. now owns 23,858,033 shares of the department store operator's stock worth $146,966,000 after buying an additional 1,270,459 shares during the period. During the same period in the previous year, the firm earned ($0.05) earnings per share. Holding by 27.8% in the first quarter. Grassi Investment Management boosted its stake in J.C. Penney Company, Inc. Holding by 11,522.1% in the first quarter. Finally, Thrivent Financial For Lutherans boosted its stake in shares of J.C. Penney Company, Inc. Moreover, the company whose top line has missed the estimate in the trailing five quarters announced that it expects to post substantial improvement in sales in the second quarter in comparison with the first quarter. Thrivent Financial For Lutherans now owns 186,920 shares of the department store operator's stock valued at $869,000 after buying an additional 128,430 shares during the last quarter. Hedge funds and other institutional investors own 78.87% of the company's stock. Holding Company (JCP). These ratios are important while doing valuation of the company or the shares of the company.

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