ibusinesslines.com
ibusinesslines.com May 22, 2018


Trader's Watch List: JC Penney Company, Inc. (JCP)

20 June 2017, 10:25 | Kelvin Horton

Analysts have placed a $6.66 price target on J. C. Penney Company, Inc., suggesting a 32.67% gain from recent close. The Company had total cash value per share $1.45 and a book value per share as $0.41 in the most recent quarter. Thrivent Financial for Lutherans now owns 52,400 shares of the department store operator's stock valued at $435,000 after buying an additional 4,430 shares during the period. (JCP) share price fell -3.59% to $4.84 in the last trading session. Holding Company by 350.0% in the fourth quarter. J. C. Penney Company, Inc. has far performed well this year, with the share price down -39.59% since January. Holding Company during the fourth quarter worth $12,324,000. World Asset Management Inc now owns 23,122 shares of the department store operator's stock valued at $142,000 after buying an additional 153 shares during the period. Holding Company during the fourth quarter worth $42,214,000. Cambridge Investment Research Advisors Inc. raised its position in shares of J.C. Penney Company, Inc. Glenmede Tru Na stated it has 3,345 shares or 0% of all its holdings. The institutional investor purchased 92,253 shares of the department store operator's stock, valued at approximately $568,000. Holding Company during the third quarter worth approximately $102,000. Elkfork Partners LLC bought a new position in shares of J.C. Penney Company, Inc. Holding Company by 350.0% in the fourth quarter. Institutional investors and hedge funds own 78.45% of the company's stock. Capstone Asset Management Co. boosted its stake in J C Penney Company by 0.9% in the first quarter. Holding Company (NYSE JCP) opened at 5.02 on Monday. The company's market capitalization is $1.52 billion. (AMD) now has a value of $11.96 while the company's 52 week low is at $4.30, the shares dropped to the 52 week low on 06/15/16.

Shares of J.C. Penney Company, Inc. The stock notched a 12-month high of $6.35 while $15.00 target is by far the most aggressive out of analysts who are now evaluating the company, $8.65 higher than the next highest 52-week price estimate.

Several large investors have recently bought and sold shares of the stock. (JCP) failed to surprise the stock market in its last reported earnings when it earned -$0.3 a piece versus the consensus-estimated -$0.21. Analysts are forecasting earnings of $-0.07 on a per share basis this quarter. Holding Company had a negative net margin of 0.89% and a positive return on equity of 11.44%. J. C. Penney Company, Inc. Similarly, full-year EPS forecasts have ranged between $-0.06 and $0.10. J.C. Penney Company had 44 analyst reports since July 22, 2015 according to SRatingsIntel. The expected future growth in earnings per share ("EPS") is an incredibly important factor.in identifying an under-valued stock.


COPYRIGHT VIOLATION NOTICE: This news story was originally reported by BBNS and is the sole property of of BBNS. If you are accessing this article on another website, it was illegally stolen and republished in violation of US and global copyright law. The original version of this news story can be accessed at https://baseballnewssource.com/markets/quantbot-technologies-lp-takes-position-in-j-c-penney-company-inc-jcp-updated-updated-updated/801497.html.

A number of analysts have recently weighed in on the stock. Zacks Investment Research's earnings per share averages are a mean average based on a survey of research analysts that follow J C Penney Company. Holding Company from a strong-buy rating to a buy rating and set a $7.76 price target for the company.in a report on Wednesday, February 8th. ValuEngine cut J.C. Penney Company, Inc. Oppenheimer Holdings Inc. reiterated a "hold" rating on shares of J C Penney Company in a report on Saturday, May 13th. Over the past 2 quarters, the stock is down -47.43%, compared with a fall of almost -16.19% for 3 months and about 7.49% for the past 30 days. Holding Company from a c- rating to a d+ rating in a research note on Wednesday, May 17th. Wall Street is only getting more bullish on the stock, with 7 of analysts who cover JCP having a buy-equivalent rating.

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. (JCP) has been given an average price target of $6.66 from analysts, according to data collected by Finviz. J.C. Penney Company, Inc.



Other News

Trending Now

GP Strategies Corporation (GPX) Position Maintained by Teachers Advisors LLC
NWQ Investment Management Company LLC boosted its position in shares of GP Strategies Corporation by 20.3% in the fourth quarter. Pembroke Management Ltd increased Charles Riv Labs Int (NYSE:CRL) stake by 29,300 shares to 255,835 valued at $19.49M in 2016Q4.

Cristiano Ronaldo : Real Madrid star summoned for July 31 tax hearing
The 32-year-old Portuguese star is facing four charges of fraud through offshore companies between 2011 and 2014. In an earlier report Marca said Ronaldo has told his teammates he was leaving and "there is no turning back".

Standpoint Research Upgrades Cooper Tire & Rubber Company (CTB) to "Accumulate"
Northwestern Mutual Wealth Management Company sold 21,962 shares as Goodyear Tire & Rubr Co (GT)'s stock declined 12.03%. TRADEMARK VIOLATION WARNING: This article was first reported by Stock Observer and is the property of of Stock Observer.

'Stay strong' urges council leader in wake of mosque attack
Flowers have been laid near the scene, with one card reading: "This is an attack on all Londoners and on my community". He told reporters: "It wasn't me alone, there were a group of brothers".

Royal Bank Of Canada Reiterates "Buy" Rating for RSP Permian, Inc. (RSPP)
The firm owned 1,125,288 shares of the oil and natural gas company's stock after selling 1,434,103 shares during the period. Scotiabank set a $51.00 price target on RSP Permian and gave the stock a "buy" rating in a report on Monday, March 27th.

US military shoots down Iranian-made drone in southern Syria
Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. Iran's missile strikes in Syria have been coordinated with Damascus, General Ramezan Sharif told Tasnim news agency.

The Energy Select Sector SPDR (XLE) Short Interest Update
When charted, the RSI can serve as a visual means to monitor historical and current strength or weakness in a certain market. It can be extremely hard to decide when to sell, especially when data seems positive and most signs are pointing higher.