09 August, 2017
ValuEngine upgraded shares of J.C. Penney Company, Inc. The company's revenue was down 3.7% compared to the same quarter past year. Holding in a research report on Thursday, August 3rd. On average, equities analysts expect that J.C. Penney Company, Inc. During the same quarter in the previous year, the business posted ($0.22) earnings per share. For the next financial year, analysts forecast that the company will report earnings of $0.46 per share, with EPS estimates ranging from $0.05 to $0.60. The legal version of this story can be read at https://www.chaffeybreeze.com/2017/08/08/j-c-penney-company-inc-holding-company-nysejcp-rating-increased-to-buy-at-zacks-investment-research-updated-updated.html. (NYSE:JCP) Earnings Growing Rapidly? Holding had a negative net margin of 0.89% and a positive return on equity of 11.44%.
The Stock had a 2.6 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.75 and 2.38 respectively. The company is expected to report EPS as high as $-0.06 and as low as $-0.25 per share.
S's revenue has declined at an average annualized rate of about 0% during the past five years.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Holding in a research report on Wednesday, May 17th. J.C. Penney Company had 52 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has "Hold" rating by Jefferies on Tuesday, May 10. BidaskClub upgraded shares of J.C. Penney Company, Inc. Holding in a research note on Monday, May 15th. The value of the total investment in J.C. Penney Company, Inc. Holding in a report on Tuesday, May 9th.
Additionally on 6/27/17 Gordon Haskett "Upgrades" J.C. Penney Company Inc (NYSE:JCP) to Hold setting price target at $0 and on 5/15/17 Baird "Downgrades" the stock to Neutral at $0. Holding in a research note on Saturday, May 13th. The stock has a consensus rating of "Hold" and an average target price of $6.43. It is negative, as 50 investors sold J C Penney Company Inc shares while 97 reduced holdings. The stock of J C Penney Company Inc (NYSE:JCP) earned "Equal-Weight" rating by Morgan Stanley on Monday, February 13. BlackRock Inc. now owns 24,704,238 shares of the department store operator's stock worth $152,179,000 after buying an additional 24,491,676 shares during the last quarter.
Oregon Public Employees Retirement Fund raised its stake in J.C. Penney Company, Inc. Holding by 59.0% in the first quarter. Janney Montgomery Scott LLC now owns 19,818 shares of the department store operator's stock worth $122,000 after buying an additional 9,068 shares during the last quarter. Glen Harbor Capital Management LLC raised its position in J.C. Penney Company, Inc. Winfield holds 0% or 85 shares. Meadow Creek Investment Management LLC now owns 17,472 shares of the department store operator's stock valued at $108,000 after buying an additional 2,212 shares during the last quarter. Parametrica Management Ltd bought a new position in J.C. Penney Company, Inc. Holding by 9.8% in the second 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 period. Holding were worth $508,000 at the end of the most recent reporting period.
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July 12 investment analysts at Citigroup kept the company rating at "Neutral" and lowered the price target from $7.50 to $5.00.
Digging a bit further, company shares have been noted -51.95% off the 52 week high and 30.21% away from the 52 week low. The stock's market cap is $1.72 billion. TheStreet cut shares of J.C. Penney Company, Inc. If you are reading this article on another site, it was illegally copied and republished in violation of United States & global trademark and copyright legislation.
J. C. Penney has an Earnings ESP of +42.86%, as the Most Accurate estimate is pegged at a loss of 4 cents, while the Zacks Consensus Estimate is wider at a loss of 7 cents.
