Published: Fri, May 19, 2017
Medicine | By Earnest Bishop

J.C. Penney Company, Inc. Holding Company (NYSE:JCP) Quarterly growth Review

J.C. Penney Company, Inc. Holding Company (NYSE:JCP) Quarterly growth Review

The median target of analyst views collected by Yahoo Finance was as much as $-1.76 below HCN's recent stock price. Given that liquidity is king in short-term, JCP is a stock with 358.81 million shares outstanding that normally trades 36.32% of its float.

JCP has been the topic of several recent analyst reports. Robert W. Baird restated an "outperform" rating and issued a $11.00 price objective on shares of J C Penney Company in a report on Wednesday, February 22nd. The equity price is down almost -151.67% from its 52-week high price of $11.3/share but is up about 7.13% from its 52-week low price of $4.17/share.

Previously J.C. Penney Company Inc (NYSE:JCP) reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.21 by $0.27. The firm has a market capitalization of $1.38 billion, a P/E ratio of 1493.33 and a beta of 0.69. Holding Company (JCP). These ratios are important while doing valuation of the company or the shares of the company. Consensus earnings estimates are far from ideal, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $21.00 on company shares. A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range. The stock's current trading price is $153.98 by scoring 8.83%. (JCP) now trades with a market capitalization of $1.68 Billion. The stock has a 50-day moving average of $5.62 and a 200 day moving average of $7.20. 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. Year to Date (YTD) performance of J. C. Penney Company, Inc. The consensus mean EPS for the current quarter is at $-0.06 derived from a total of 23 estimates from the analysts who have weighed in on projected earnings. That value represents a market adjusting for revenues that have been falling by -0.88 % on a quarterly year/year basis as of the company's last quarterly report. During the same period past year, the business earned ($0.22) EPS. The company posted an earnings surprise of 128.6%.

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Because of its already large operations in those categories - its hedges of raw materials, work with a strong supplier base in more than 30 countries and rapid production cycle - the company is able to offer affordable prices on bulk purchases of premium items to business clients, the company said. (JCP) has a 52-week high of $1.30 and a 52-week low of $4.17. 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 in the last quarter.

J.C. Penney is not the only retailer to turn to wholesale and the B2B sector as the retail environment continues to pose challenges. HL is down around 33.51% from its 12-month high of $3.83 notched on 42515 but is -32.64% above its highest point the past 12 months of $7.64 a share. 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 in the last quarter. BlackRock Advisors LLC increased its stake in shares of J C Penney Company by 1.9% in the third quarter. The stock now has Monthly Volatility of 4.67% and Weekly Volatility of 8.19%. Dynamic Cap Mngmt Ltd holds 0.26% of its portfolio in J C Penney Company Inc (NYSE:JCP) for 287,487 shares. Ameriprise Financial Inc. now owns 833,494 shares of the department store operator's stock worth $7,684,000 after buying an additional 12,571 shares during the last quarter.

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