JC Penney Company, Inc. (JCP) - Active Stock to Focus


It is without change, as 81 investors sold VZ shares while 696 reduced holdings. only 114 funds opened positions while 570 raised stakes. Hennessy Advisors Inc. increased its stake in shares of J.C. Penney Company, Inc. Bank of New York Mellon Corp now owns 3,689,064 shares of the department store operator's stock worth $17,154,000 after acquiring an additional 329,909 shares in the last quarter. The shares price has positioned 14.24% over the past quarter while it has directed -22.02% throughout past six months. First Dallas Secs holds 1.3% in J. C. Penney Company, Inc. Lenox Wealth Management Inc. now owns 71,386 shares of the department store operator's stock valued at $332,000 after acquiring an additional 34,486 shares in the last quarter. SG Americas Securities LLC lifted its position in J C Penney by 52.4% during the 3rd quarter. Elm Ridge Management Limited Company has invested 2.37% in Range Resources Corporation (NYSE:RRC). Ims Capital Management stated it has 0.1% in J. C. Penney Company, Inc. Finally, California Public Employees Retirement System raised its stake in J C Penney by 24.7% in the third quarter. California Public Employees Retirement System now owns 1,544,500 shares of the department store operator's stock valued at $5,885,000 after purchasing an additional 306,267 shares in the last quarter. J. C. Penney Catalog, including e-commerce, is the nation's largest catalog merchant of general merchandise. (NYSE:JCP) closed its last session at $3.93.

J.C. Penney Company Inc (NYSE:JCP) as of current trade, has shown weekly performance of -1.01% which was maintained at 27.18% in one month period.

Taking a glance at where the stock might be directed in the future, on a consensus basis, the sell-side has a 52 week price target of $3.89 on the stock, this valuation is based on 16 number of opinions. The company has a current ratio of 1.44, a quick ratio of 0.16 and a debt-to-equity ratio of 3.95.

The TTM operating margin for the company stands at 0.9%. (NYSE:JCP) is 12.395114. Experts say the higher the value, the better, as it means that the free cash flow is high, or the variability of free cash flow is low or both. (NYSE:JCP) has declined 40.00% since January 20, 2017 and is downtrending.

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Analysts are expecting average earnings estimates of $0.48 for the current quarter based on the opinion of 20 analysts, relating to high earnings per share estimates of $0.73 and low estimates of $0.36, however J.C. Penney Company Inc (NYSE:JCP) reported $0.64 earnings per share for the same quarter a year ago. The business had revenue of $2.81 billion during the quarter, compared to the consensus estimate of $2.77 billion. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

Stock analysts at Jefferies Group lifted their FY2019 EPS estimates for J C Penney in a report released on Thursday, Zacks Investment Research reports. The stock is unnoticeable among investors as ASC reported unfavorable performance of -2.50%. Yearly performance of the stock shows a bearish trend of -43.95% while year-to-date (YTD) performance reflected 23.1% positive outlook. The stock appeared $19.27 above its 52-week highs and is up 7.35% for the last five trades. The stock has "Hold" rating by Deutsche Bank on Tuesday, August 8. Pinebridge Investments L.P. bought a new stake in shares of J C Penney during the second quarter valued at approximately $190,000. (NYSE:RRC), 26 have Buy rating, 1 Sell and 13 Hold. Finally, Cowen set a $4.00 price target on shares of J C Penney and gave the company a "hold" rating in a research report on Thursday, November 30th. The firm has "Neutral" rating by Northcoast given on Monday, October 30. Prudential stated it has 0% of its portfolio in J. C. Penney Company, Inc.

When we see the company's Volatility, it now has a monthly volatility of 6.08% and weekly volatility of 5.43%. (JCP) has been given an average price target of $3.77 from analysts, according to data collected by Finviz. Holding Company stock in a transaction on Friday, November 18th. Market worth or Market capitalization is calculated by multiplying the price of a stock by its total number of outstanding shares.

Whereas, firm has insider ownership was declared as 1.50% and Insider transaction was recorded recently as 6.94%.