Earnings Analysis Of JC Penney Company, Inc. (JCP)

Xavier Trudeau
Juin 20, 2017

Holding Company during the fourth quarter worth approximately $100,000. Finally, World Asset Management Inc increased its position in J.C. Penney Company, Inc. Holding Company by 1.9% in the third quarter. The institutional investor owned 537,171 shares of the department store operator's stock after selling 417,611 shares during the period. Parametrica Management Ltd bought a new stake in shares of J.C. Penney Company, Inc. Holding Company by 33.6% in the first quarter. Hudson Bay Capital Management LP purchased a new stake in shares of J.C. Penney Company, Inc. The company's stock has a normal trading capacity of 19.46M shares while the relative volume is 0.85. California State Teachers Retirement System now owns 675,404 shares of the department store operator's stock valued at $6,227,000 after buying an additional 6,000 shares during the period. Holding Company during the third quarter valued at about $102,000. Finally, Truepoint Inc. acquired a new stake in shares of J.C. Penney Company, Inc. Nationwide Fund Advisors owned about 0.17% of J.C. Penney Company, Inc.

Shares of J.C. Penney Company, Inc.

J. C. Penney Company, Inc. has a consensus hold rating from 24 Wall Street analysts, and the number of shares now sold short amount to at least 36.39% of shares outstanding. Market Cap is also the figure use to determine company's size, as opposed to using sales or total asset figures. The company's 50-day moving average price is $4.93 and its 200-day moving average price is $6.52.

J.C. Penney Company Inc (NYSE:JCP) 52-week high price stands at $11.30 and low price stands at $4.17, its price distance from 52-week high is -55.58% while its distance from 52-week low price is 20.38%. Holding Company also saw some unusual options trading activity on Friday. This is an increase of 217% compared to the typical daily volume of 7,758 call options. Holding Company (NYSE:JCP) last posted its quarterly earnings data on Friday, May 12th. The department store operator reported $0.06 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.21) by $0.27. Holding Company had a negative net margin of 0.89% and a positive return on equity of 11.44%.

J.C. Penney Company Inc (NYSE:JCP)'s revenue estimates for the current quarter are $2.83 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $2.97 Billion in contradiction of low revenue estimates of $2.73 Billion. Holding Company will post $0.47 earnings per share for the current year. For now, J. C. Penney Company, Inc.is the toast of Wall Street as its ABR stands at 2.80 with 3 out of 24 analysts rating the stock a buy.

Several equities research analysts have recently commented on the company. (AMD) is -0.04 while the analysts predicted the EPS of the stock to be -0.04 suggesting the company fell short of the analysts' expectations. If you are viewing this news story on another site, it was illegally copied and republished in violation of United States & global trademark & copyright laws. The original version of this story can be viewed at https://www.thestockobserver.com/2017/06/19/two-sigma-securities-llc-invests-332000-in-j-c-penney-company-inc-holding-company-jcp.html.

Analysts set a 12-month price target of $1 a share. Holding Company in a research report on Wednesday, February 22nd. Holding Company from a "sell" rating to a "hold" rating in a report on Wednesday, February 22nd. Vetr raised J.C. Penney Company, Inc. The stock has "Hold" rating by Jefferies on Monday, May 15. Robert W. Baird had a markedly different take on 15/05/2017, proposing that J. C. Penney Company, Inc.is now considered Neutral versus prior Outperform rating. The company was initiated on Friday, September 30 by Guggenheim. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. Citigroup upgraded J C Penney Company Inc (NYSE:JCP) on Tuesday, January 5 to "Neutral" rating.

J. C. Penney Company, Inc is a holding company.

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