BMO Capital Markets set a $3.00 target price on shares of J.C. Penney Company, Inc. Holding and gave the company a "hold" rating in a report on Friday, August 11th. Jefferies Group LLC reiterated a "hold" rating and issued a $4.00 target price on shares of J.C. Penney Company, Inc. Holding from a "hold" rating to a "sell" rating in a report on Monday, October 30th. Holding Company (NYSE:JCP) was the target of a large growth in short interest in the month of October. Old Mutual Customised Solutions (Proprietary) has invested 0% of its portfolio in J C Penney Company Inc (NYSE:JCP). Price T Rowe Associate Md stated it has 0% in J C Penney Company Inc (NYSE:JCP). Holding in a report on Thursday, September 14th.
Among 21 analysts covering Boeing (NYSE:BA), 12 have Buy rating, 1 Sell and 8 Hold. Holding has an average rating of "Hold" and a consensus price target of $5.06. The current 14-day ATR for Mg Unit Trust (MGC.AX) is now sitting at 0.03. The stock's average target of $9.75 is 200.93% above today's ($3.24) share price.
Price to Sale ratio of the company stands at 0.08 while Price to Book Ratio stands at 0.85. (JCP) now has 310740 shares outstanding, which means that its market capitalization is $985.24M. "Holding Company (JCP) Price Target to $4.00" was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal.
Wall Street analysts, on average, are forecasting the company's EPS to be 0.50, compared to 0.64 reported in the same quarter a year ago. The company had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $2.77 billion. Holding had a negative net margin of 0.94% and a positive return on equity of 10.55%. Holding's revenue was down 1.8% on a year-over-year basis. research analysts anticipate that J.C. Penney Company, Inc. During the same quarter in the previous year, the firm posted ($0.21) earnings per share. equities research analysts expect that J.C. Penney Company, Inc.
A smart way of assessing a company's profitability is by checking out its latest Earnings per Share (EPS). If you are accessing this piece on another domain, it was copied illegally and reposted in violation of United States & global copyright laws.
In other J.C. Penney Company, Inc. Out of 6 Wall Street analysts rating J. C. Penney, 3 give it "Buy", 1 "Sell" rating, while 2 recommend "Hold". Meanwhile, the average 12-month price target from Wall Street analysts is now $3.63, this means that the stock is underpriced by 12.672%. Following the completion of the transaction, the chairman now owns 2,852,280 shares in the company, valued at approximately $9,925,934.40. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Holding stock in a transaction dated Friday, August 18th. Insider ownership increased by a total of 343243 shares, which suggests that JCP's key executives are feeling more optimistic about the outlook for the stock.
The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -35.5%, and has a solid year to date (YTD) performance of -61.85% which means that the stock is constantly adding to its value from the previous fiscal year end price. The disclosure for this purchase can be found here. Corporate insiders own 1.02% of the company's stock.
Several institutional investors have recently bought and sold shares of JCP. BlackRock Inc. boosted its stake in shares of J.C. Penney Company, Inc. BlackRock Inc. now owns 24,704,238 shares of the department store operator's stock worth $152,179,000 after purchasing an additional 24,491,676 shares during the last quarter. GA ADV increased its position in J.C. Penney by 2.8% in the second quarter. Holding in the 2nd quarter worth about $190,000. California Public Employees Retirement System now owns 1,198,433 shares of the department store operator's stock worth $7,382,000 after acquiring an additional 20,700 shares in the last quarter. Holding by 12.8% during the 1st quarter. Legal & General Group Plc now owns 681,866 shares of the department store operator's stock worth $4,199,000 after acquiring an additional 46,401 shares in the last quarter. Moreover, Orca Investment Management Llc has 1.2% invested in the company for 276,464 shares. Holding by 13.9% during the 2nd quarter. Finally, IBM Retirement Fund increased its position in J.C. Penney by 1.5% in the second quarter. Holding by 93.9% during the 2nd quarter. IL now owns 33,625 shares of the department store operator's stock worth $156,000 after purchasing an additional 1,000 shares during the last quarter.
Horrell Management Inc holds 28,041 shares or 0.08% of its portfolio. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website.