J. C. Penney Company, Inc. (JCP) Analytical Report

Morgan Stanley maintained J C Penney Company Inc (NYSE:JCP) rating on Tuesday, August 18. The high-yield issue of debt has a 7.4% coupon and will mature on April 1, 2037. Finally, Gordon Haskett began coverage on shares of J C Penney Company in a report on Tuesday, May 9th. The stock carved out a 52-week low down at $4.17. Retirement Systems of Alabama's holdings in J C Penney Company were worth $2,452,000 as of its most recent SEC filing. Susquehanna Bancshares Inc initiated coverage on shares of J C Penney Company in a research report on Friday, February 10th.

The Stock now has a consensus recommendation of 2.50.

While looking at the Stock's Performance, J. C. Penney Company, Inc. now shows a Weekly Performance of -15.12%, where Monthly Performance is -19.39%, Quarterly performance is -36.13%, 6 Months performance is -50.77% and yearly performance percentage is -38.49%. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. (JCP) stock showed the move of -3.85% with the closing price of $4.49. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock.

Basically, a price target is an individual analyst's projection on the future price of a stock. Analysts on average have given a price target of $8.57 to J. C. Penney Company, Inc. stock. (JCP) traded with the volume of 31.22 Million shares while its average 3 months volume is at 20460 shares. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures. The stock has a 50-day moving average of $5.62 and a 200 day moving average of $7.20.

J C Penney Company (NYSE:JCP) last issued its quarterly earnings data on Friday, May 12th. California Employees Retirement Systems reported 0.02% of its portfolio in J C Penney Company Inc (NYSE:JCP). The business had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.78 billion. Holding Company (JCP) stands at -6.18 while the industry's and the sector's growth for next 5 years ticked at 10.04 and 3.92 respectively. In contrast to the year ago quarter EPS was at -0.04. During the same period in the prior year, the firm posted ($0.22) earnings per share.

A number of institutional investors have recently made changes to their positions in the stock.

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. Alambic Investment Management L.P. now owns 68,100 shares of the department store operator's stock worth $628,000 after buying an additional 21,100 shares during the last quarter. Finally, Pacer Advisors Inc. increased its position in shares of J C Penney Company by 4.3% in the third quarter. Teachers Advisors LLC raised its stake in shares of J C Penney Company by 45.7% 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 in the last quarter. The stock was trading on below-average volume. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of United States and worldwide copyright and trademark law.

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