Stock On the Run: J.C. Penney Company, Inc. Holding Company (NYSE:JCP)

stock updates

J.C. Penney Company, Inc. Holding Company (NYSE:JCP)

B. Riley FBR Maintains J.C. Penney Company, Inc. Holding Company (NYSE:JCP)’s stock to Neutral with the price target of $2. This rating was issued on 8/17/18. The stock recently closed its previous session at $1.78 by showing a percentage change of 6.59% from its previous day closing price of $1.67.

Price Target is basically a projection of future price of a company’s stock by the expert analysis of investment analysts or investment firms. There may be various price targets for a stock. These analysts and investment firms use various valuation methods to decide a price target for a stock.

Several investment firms issued their expert ratings on J.C. Penney Company, Inc. Holding Company (NYSE:JCP) in which Deutsche Bank Maintains J.C. Penney Company, Inc. Holding Company (NYSE:JCP) to Hold by settling a price target of $2 on 8/17/18. Citigroup Maintains the stock to Sell on 8/17/18 by stationing a price target of $0.5. Credit Suisse Maintains the company’s stock to Underperform on 8/16/18 by setting a price target of $1. JP Morgan Downgrades J.C. Penney Company, Inc. Holding Company (NYSE:JCP) to Underweight with no specific Price Target.

J.C. Penney Company, Inc. Holding Company (NYSE:JCP) currently has a consensus Price Target of $1.58. While some analysts have a High Price target for the stock of $2 and a Low Price Target of $0.5.

Several sell side analysts reviewed their recommendations on J.C. Penney Company, Inc. Holding Company (NYSE:JCP) where 0 analyst have rated the stock as Strong Buy, 0 analysts said it’s a Buy, 12 rated the stock as Hold, 3 analysts reported Underperform and 1 analysts gave their recommendations as Sell. (Current Month Yahoo Finance Ratings)

Zacks Investment Research also rated the stock with a value of 3.42. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

In the last Quarter, J.C. Penney Company, Inc. Holding Company (NYSE:JCP) reported its Actual EPS of $-0.38/share. The analysts offering Earnings Estimates for the company were believing that J.C. Penney Company, Inc. Holding Company (NYSE:JCP) could bring EPS of $-0.06/share. The difference between Actual EPS and Estimated EPS was -0.32 Percent. Thus the company showed an Earnings Surprise of -533.3 Percent.

J.C. Penney Company, Inc. Holding Company (NYSE:JCP) has a market capitalization of 560.34 Million. The stock traded with the volume of 30.07 Million shares in the last trading session. The stock touched its high share price of $4.75 on 02/27/18 and the stock also touched its Lowest price in the last 52-weeks of trading on 10/02/18 as $1.55. The company has a 1 Year high price target of $1.58. The stock is currently trading with a distance of 20-Day Simple Moving Average (SMA20) of -1.06%. The Moving Average SMA50 is -8.04% while SMA200 is -36.62%.

J.C. Penney Company, Inc. Holding Company (NYSE:JCP) is currently showing its ROA (Return on Assets) of -0.6%. The Return on Investment (ROI) is at 2.4% while it’s Return on Equity (ROE) value stands at -4.2%. The stock currently shows its YTD (Year to Date) performance of -43.67 percent while its Weekly performance value is 9.88%. The Monthly and Yearly performances are -3.26 percent and -49.72 percent respectively. The Relative Volume value measured for J.C. Penney Company, Inc. Holding Company (NYSE:JCP) is 2.15. The Average Volume (3 months) is 14 Million.

The stock currently has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. JCP has P/E (Price to Earnings ttm) value of 0, Forward P/E of 0, P/C (Price to cash per share) of 3.1 and Price to Free Cash Flow (P/FCF) value of 18.19. The stock is showing its Operating Margin of 0.9 percent.

Company Profile:

J. C. Penney Company, Inc. the wholly-owned operating subsidiary of the Company is one of largest department store, drugstore, catalog, and e-commerce retailers. J. C. Penney Catalog, including e-commerce, is the nation’s largest catalog merchant of general merchandise. JCPenney is one of America’s leading retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp.com, and the nation’s largest general merchandise catalog business. Through these integrated channels, JCPenney offers a wide array of national, private and exclusive brands.