Growth Analysis of JC Penney Company, Inc. (JCP)

Cornelia Mascio
Giugno 20, 2017

Appaloosa LP purchased a new stake in J.C. Penney Company, Inc.

Other institutional investors have also recently modified their holdings of the company. Strs Ohio increased its stake in J.C. Penney Company, Inc. Holding Company by 109.7% in the first quarter. BlackRock Advisors LLC now owns 174,006 shares of the department store operator's stock valued at $1,604,000 after buying an additional 3,210 shares during the period. Sg Cap Mgmt Limited Liability Co has 5.62% invested in J C Penney Company Inc (NYSE:JCP) for 4.07M shares.

The company shows its Return on Assets (ROA) value of -1.2%.

On the other hand the company has Relative Strength Index (RSI 14) of 53.87 along with Average True Range (ATR 14) of 0.27, Consequently J.C. Penney Company Inc (NYSE:JCP)'s weekly and monthly volatility is 5.98%, 4.93% respectively. Vanguard Grp reported 22.59M shares or 0.01% of all its holdings. Princeton Alpha Management LP purchased a new position in shares of J.C. Penney Company, Inc. Market Capitalization if basically the market value of the company's shares outstanding. Finally, Truepoint Inc. acquired a new stake in shares of J.C. Penney Company, Inc. Holding Company during the first quarter worth about $117,000. Nationwide Fund Advisors owned about 0.17% of J.C. Penney Company, Inc.

Edinburgh Partners Ltd holds 13.74% of its portfolio in Harman International Industries Inc for 587,660 shares. The Market Capitalization of the company stands at 1.55 Billion.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares. J.C. Penney Company, Inc. When we look at the Volatility of the company, Week Volatility is at 5.98% whereas Month Volatility is at 4.93%. Holding Company also was the recipient of some unusual options trading activity on Friday. This is an increase of approximately 217% compared to the average daily volume of 7,758 call options. Numeric Investors Limited Liability Corporation holds 0% in J C Penney Company Inc (NYSE:JCP) or 29,000 shares. The consensus mean EPS for the current quarter is at $-0.06 derived from a total of 21 estimates from the analysts who have weighed in on projected earnings. Holding Company had a negative net margin of 0.89% and a positive return on equity of 11.44%. The company had revenue of $2.71 billion during the quarter, compared to analysts' expectations of $2.78 billion. Holding Company will post $0.47 earnings per share for the current year. The company's quarterly revenue was down 3.7% on a year-over-year basis. According to these analysts, the Low Revenue Estimate for J. C. Penney Company, 2.73 Billion and the High Revenue Estimate is 2.97 Billion. During the same period in the prior year, the company earned ($0.22) EPS.

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JCP has been the topic of a number of recent research reports. Robert W. Baird reiterated an "outperform" rating and issued a $11.00 price target on shares of J.C. Penney Company, Inc. Holding Company in a report on Wednesday, February 22nd. Past 5 years growth of J.C. Penney Company Inc (NYSE:JCP) observed at 9.37%, looking forward for the next 5 years it has a strong prediction of -28% over growth. Holding Company from a "sell" rating to a "hold" rating in a research report on Wednesday, February 22nd.

J. C. Penney Company, Inc is a holding company. Piper Jaffray Companies set a $7.00 price objective on J.C. Penney Company, Inc. Holding Company from $7.00 to $11.00 and gave the stock an "outperform" rating in a research report on Monday, May 15th. Finally, Northcoast Research reaffirmed a "buy" rating on shares of J.C. Penney Company, Inc. Holding Company in a report on Friday, February 24th. 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. Deutsche Bank upgraded the shares of JCP in report on Monday, August 31 to "Buy" rating.

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