Stock to Watch: JC Penney Company, Inc. (JCP)

Stock to Watch: JC Penney Company, Inc. (JCP)

JCP has been the topic of a number of other reports.

J. C. Penney Company, Inc. The average volume of a stock suggests the liquidity of a particular company. For the current quarter J.C. Penney Company Inc (NYSE:JCP) has high EPS estimates of $0.06 in contradiction of low EPS estimates of $-0.14. Northcoast Research restated a buy rating on shares of J C Penney Company in a research report on Friday, February 24th. Holding Company in a report on Tuesday, February 28th.

Now J.C. Penney Company Inc (NYSE:JCP)’s shares owned by insiders are 2.1%, whereas shares owned by institutional owners are 80.4%. Zacks Investment Research raised J C Penney Company from a “sell” rating to a “hold” rating in a report on Wednesday, February 22nd. They noted that the move was a valuation call. Two equities research analysts have rated the stock with a sell rating, sixteen have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $7.22. Zooming out to the 200-day moving average, shares have been seen trading -34.90% away from that value. The company’s stock has a normal trading capacity of 19.44M shares while the relative volume is 0.85. The stock closing price is now trading downward to its 50 day moving average with change of -8.14%, escalated to its 20 day moving average with figure of 3.73% and behind its 200 day moving average with value -34.99%. It has a market cap of $1.58 Billion. However a year ago for the same quarter the company has reported $-0.05 EPS. J C Penney Company had a negative net margin of 2.56% and a negative return on equity of 4.66%.

The company’s expected revenue in the current quarter to be 2.83 Billion, seeing a projected current quarter growth of -20%, and per annum growth estimates over the next 5 year period of around -28%. The consensus mean EPS for the current quarter is at $-0.06 derived from a total of 21 estimates from the analysts who have weighed in on projected earnings.

While considering growth estimates of the company, it has next quarter growth estimates of 33.3% whereas during current quarter it has -20% estimations over growth, comparing to the estimations of 487.5% during current year and -6.4% for next year. EPS breaks down the profitability of the company on a single share basis.

J.C. Penney Company, Inc.

AEGON N.V. (ADR) (NYSE:AEG) recently closed at market price of $5.10 with a 1 year price target of $5.06. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & worldwide copyright & trademark law. Bank of America upgraded the shares of JCP in report on Friday, December 2 to “Buy” rating. BlackRock Inc. increased its position in J.C. Penney Company, Inc. The company maintains price to book ratio of 1.25. Phocas Financial Corp. now owns 1,076,182 shares of the department store operator’s stock worth $9,922,000 after buying an additional 207,711 shares during the period. Holding Company by 30.3% in the third quarter. Clinton Group Inc. now owns 250,258 shares of the department store operator’s stock valued at $2,307,000 after buying an additional 168,274 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in J.C. Penney Company, Inc. Holding Company by 279.7% in the first quarter. The institutional investor acquired 92,253 shares of the department store operator’s stock, valued at approximately $568,000.

Public Employees Retirement Association of Colorado lowered its stake in J C Penney Company Inc (NYSE:JCP) by 0.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). Hodges Capital Management Inc. now owns 8,414,420 shares of the department store operator’s stock valued at $51,833,000 after buying an additional 2,094,485 shares during the last quarter. (JCP) have 324.19 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.