Analysts Reveals Updates on JC Penney Company Inc (JCP)

Analysts Reveals Updates on JC Penney Company Inc (JCP)

While considering growth estimates of the company, it has next quarter growth estimates of 33.3% whereas during current quarter it has -20% estimations over growth, comparing to the estimations of 487.5% during current year and -6.4% for next year. Meadow Creek Investment Management LLC now owns 17,472 shares of the department store operator's stock worth $108,000 after buying an additional 2,212 shares in the last quarter.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. Holding Company during the fourth quarter worth $42,214,000. Strs Ohio increased its stake in J.C. Penney Company, Inc. Norges Bank purchased a new stake in J.C. Penney Company, Inc. Holding Company from a "hold" rating to a "buy" rating in a report on Tuesday, May 16th. Hedge funds and other institutional investors own 78.45% of the company's stock. J.C. Penney Company, Inc.

COPYRIGHT VIOLATION WARNING: "J.C. Penney Company, Inc". Holding Company has a 12 month low of $4.17 and a 12 month high of $11.30.

Taking a broader look brokerage firms' analysts on the street with an expectant view have J.C. Penney Company Inc (NYSE:JCP) high price target of $15 and with a conservative view have low price target of $4. Over the short term, some market observers may have noticed that J. C. Penney Company, Inc. has a 36.39% short float with 15 days to cover. Holding Company also saw some unusual options trading activity on Friday. Investors bought 24,621 call options on the stock. Holding Company (NYSE:JCP) last issued its quarterly earnings data on Friday, May 12th. 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. The company had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.78 billion. The Return on Equity ratio of J. C. Penney Company, Inc. The company's quarterly revenue was down 3.7% on a year-over-year basis. The difference between the expected and actual EPS was $0.27/share, which represents an Earnings surprise of 128.6%. Analysts anticipate that J.C. Penney Company, Inc. Holding Company updated its FY18 guidance to $0.40-0.65 EPS. Vetr upgraded J.C. Penney Company, Inc. "Holding Company (JCP) Position Increased by First Trust Advisors LP" was published by Chaffey Breeze and is owned by of Chaffey Breeze. 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 legal version of this piece of content can be accessed at

JCP has been the topic of several recent research reports.

Baird "Downgrades" J.C. Penney Company Inc (NYSE:JCP) in a research note issued to investors on 5/15/17 to Neutral with price target of $0. Cambridge Investment Research Advisors reported 12,516 shares. ValuEngine cut J.C. Penney Company, Inc. CIBC reissued a "market perform" rating on shares of J.C. Penney Company, Inc. Oppenheimer Holdings, Inc. reiterated a "hold" rating on shares of J.C. Penney Company, Inc. Holding Company from a "c-" rating to a "d+" rating in a report on Wednesday, May 17th.

Kohlberg Kravis Roberts & Company Lp decreased Penney J C Inc (JCP) stake by 29.4% reported in 2016Q4 SEC filing. Holding Company from $7.00 to $11.00 and gave the company an "outperform" rating in a report on Monday, May 15th. 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. And it remains to be seen which target price JCP can achieve without sacrificing much as the company is holding a -39.23% fall for the past twelve months.

J. C. Penney Company, Inc is a holding company. Zacks Investment Research upgraded J.C. Penney Company, Inc.