JC Penney Company Inc (JCP) Buy, Hold or Sell? What Analysts Recommend

NY now owns 277,392 shares of the department store operator's stock valued at $3,068,000 after buying an additional 8,356 shares during the period. J.C. Penney Company Inc (NYSE:JCP)'s price sits -9.7% off from its 50-day moving average of $3.28 and -34.77% away from the stock's 200-day moving average which is $4.27. Holding by 13.9% during the 2nd quarter.

Several hedge funds and other institutional investors have recently bought and sold shares of JCP. The Earnings Yield for J. C. Penney Company, Inc. Holding by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 2,324,781 shares of the department store operator's stock worth $14,320,000 after purchasing an additional 106,121 shares in the last quarter. The Price to Cash Flow for J. C. Penney Company, Inc. Holding by 10.6% in the second quarter. Holding in the 2nd quarter worth approximately $190,000.

Gotham Asset Management, LLC augmented its ownership by buying 1,244,619 shares an increase of 407.4% as of 09/30/2017. The Return on Investment (ROI) ratio of J. C. Penney Company, Inc. Holding Company (NYSE:JCP) traded up $0.10 during mid-day trading on Friday, reaching $3.16. The company's stock had a trading volume of 7,725,240 shares. Vanguard Group Inc. raised its holdings in J.C. Penney Company, Inc. Holding Company has a 1 year low of $2.35 and a 1 year high of $10.74. The firm's market capitalization is $3.05 billion.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -34.77%, and has a solid year to date (YTD) performance of -61.97% which means that the stock is constantly adding to its value from the previous fiscal year end price.

J.C. Penney (NYSE:JCP) last posted its quarterly earnings results on Friday, November 11th. The department store operator reported ($0.33) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.43) by $0.10. J.C. Penney had a negative return on equity of 4.66% and a negative net margin of 2.56%. The firm had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.77 billion. During the same period previous year, the company earned ($0.21) EPS. Finally, BidaskClub lowered shares of J.C. Penney Company, Inc. JCP's 9-day MACD now sits above the 20-day MACD, indicating that the stock might be on the cusp of an uptrend. The stock was sold at an average price of $9.33, for a total value of $361,593.48.

Institutional owners hold 72.30% stake while Insiders ownership held at 1.90% in the company. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

In other news, Director Paul J. Brown purchased 25,000 shares of the business's stock in a transaction on Monday, August 21st. The shares price has positioned -12.22% down over the past quarter while it has directed -30.70% toward a falling position throughout past six months. Gotham Asset Management, LLC claims 1,550,134 shares valued at $5,906,000. The disclosure for this purchase can be found here. Through this figure traders can analyze that JCP show whether or not a stock now most active and standing in buying side or sell side. Insiders own 1.02% of the company's stock. State Street Corp raised its holdings in J.C. Penney Company, Inc. If you are viewing this piece on another site, it was stolen and republished in violation of US & global copyright & trademark legislation. Three months ago, analysts assigned JCP a 3.29 rating, which implies that analysts have become more pessimistic about the outlook for the stock over the next year. Holding in a report issued on Monday, Zacks Investment Research reports. J. C. Penney Company, Inc. dipped to as low as $3.05 throughout the day and has returned -61.97% in this year.

October 30 investment analysts at Susquehanna Bancshares kept the company rating at "Neutral" targeting a price of $8.50.

About J.C. Penney Company, Inc. Holding from $5.50 to $6.50 and gave the company a "hold" rating in a research report on Tuesday, August 8th. For the past 5 years, the company's revenue has grown -6.2%, while the company's earnings per share has grown 14.9%. Holding in a research note on Thursday, August 3rd. Finally, Atlantic Securities cut shares of J.C. Penney Company, Inc. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. The stock is now moving above its 20-Day Simple Moving Average of 4.38% with a 50-Day Simple Moving Average of -9.7 percent.

About J.C. Penney Company, Inc.

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