Published: Thu, July 13, 2017
Money | By Armando Alvarado

JC Penney Company Inc (JCP) Where Moving Ahead?

JC Penney Company Inc (JCP) Where Moving Ahead?

Equities analysts expect that J.C. Penney Company, Inc. Holding Company (NYSE:JCP) was up +1.32% during the last trading session, with a day high of 4.69. The company has been plagued with lower-than-expected top-line performance in the past five quarters.

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Hudson Bay Capital Management LP bought a new stake in J.C. Penney Company, Inc. The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued. California-based Grassi Invest Mgmt has invested 0.07% in J C Penney Company Inc (NYSE:JCP). Holding Company by 11,522.1% in the first quarter. DUPONT CAPITAL MANAGEMENT Corp bought a new stake in J.C. Penney Company, Inc. Holding Company by 0.9% in the first quarter. Holding Company by 279.7% in the first quarter. Us-based Ancora Advsrs Limited Company has invested 0.05% in J C Penney Company Inc (NYSE:JCP). Holding Company will post $0.47 EPS for the current year. Finally, Oregon Public Employees Retirement Fund boosted its stake in J.C. Penney Company, Inc. Holding Company was downgraded to "hold" by analysts at Deutsche Bank.

Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -2.51% and struggles for 50 days moving average of buoyant run is -5.63%. Holding Company has a 12 month low of $4.17 and a 12 month high of $11.30. The stock, after opening at $4.42, closed at $4.56 by scoring 1.45%.

More notable recent J C Penney Company Inc (NYSE:JCP) news were published by: which released: "Why Did JC Penney Company, Inc".

As of the latest earnings report the EPS was $-0.36 and is projected to be $0.47 for the current year with 309,996,000 shares presently outstanding. Holding Company had a negative net margin of 0.89% and a positive return on equity of 11.44%. During the same quarter in the prior year, the company earned ($0.22) earnings per share.

A look at some of the inputs to technical analysis model shows how J. C. Penney Company, Inc. current price compares to its recent moving averages. At the time of writing, the First Call consensus price target for the company is $8.68.

TRADEMARK VIOLATION WARNING: "J.C. Penney Company, Inc". Narrowing in, the stock is at a distance of -19.46% from the 50 day high and 10.67% off of the 50 day low.Covering sell-side analysts have recently weighed in on shares of J. C. Penney Company, Inc. If you are reading this story on another publication, it was illegally copied and republished in violation of US and global copyright and trademark laws. The original version of this piece of content can be accessed at

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Even beauty hasn't been totally immune, however, as several department stores have reportedly begun offering discounts on cosmetics.

The share price of J.C. Penney Company, Inc. BMO Capital Markets downgraded the stock to "Market Perform" rating in Friday, November 6 report. Mason Street Advisors Ltd Liability Corp holds 0.03% of its portfolio in J C Penney Company Inc (NYSE:JCP) for 143,890 shares. Epoch Investment Ptnrs reported 569,914 shares or 0.15% of all its holdings.

J.C. Penney isn't playing around when it comes to toys. A 7 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of JCP or, if they already own its stock, sell it.

Consequently J.C. Penney Company Inc (NYSE:JCP)'s weekly and monthly volatility is 3.24%, 5.34% respectively. Holding Company from a reduce rating to a hold rating and set a $4.50 price objective on the stock in a research report on Monday, June 26th.

JC Penney dipped below $5 for the first time back in May after the company reported its Q1 financials. Holding Company from a "hold" rating to a "buy" rating in a report on Tuesday, May 16th. Two research analysts have rated the stock with a sell rating, seventeen have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company.

The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -33.31% and has no so good Year to Date (YTD) Performance of -44.4% which means the stock is constantly adding to its value from previous fiscal year end price. The rating was upgraded by Evercore on Wednesday, August 5 to "Hold". Migdal Insurance & Financial Holdings Ltd. purchased a new position in J.C. Penney Company, Inc.

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