Insiders Are Buying JC Penney Company, Inc. (NYSE:JCP)


Wall Street analysts are predicting that J.C. Penney Company Inc (NYSE:JCP) will report earnings per share of $-0.17 in their quarterly report. (NYSE:JCP) recently traded as high as $3.79. About 12.44M shares traded. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. The stock has a 50 day moving average price of $4.22 and a 200 day moving average price of $4.99.

Stock's distance from 52 week High is -66.57% and the distance from 52 week Low is 4.06%.

Having a peek at growth estimates of the company, J.C. Penney Company Inc (NYSE:JCP) has current quarter growth estimates of 19% however it has -4.7% estimations over growth for the next quarter. Analysts expect next quarter's EPS to be $0.61 with next year's EPS anticipated to be $0.38. It has a return on equity (ROE) of -9.60%.

Average Revenue Estimate for the current quarter is $3.98 Billion, according to consensus forecast of 21 analysts. Holding will post $0.43 EPS for the current fiscal year. The firm's revenue was up 1.5% on a year-over-year basis.

08/11/2017 - J.C. Penney Company, Inc. Holding stock in a transaction dated Tuesday, August 22nd.

When it comes to the Analysis of a Stock, Price Target plays a vital role. Glg Prtn LP owns 10,000 shares. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Marvin R. Ellison acquired 100,000 shares of the stock in a transaction dated Friday, August 18th.

Shares of J.C. Penney Company Inc (NYSE:JCP) now have an Average Brokerage Recommendation of 2.73, number of Recs in ABR is 14 while industry rank of the company by ABR is out of 265. The Director now owns $246,605 of the stock per an SEC filing yesterday. The disclosure for this purchase can be found here. Private Advisor Group Inc Incorporated Ltd Limited Liability Company accumulated 11,496 shares or 0% of the stock. The New York-based Armistice Capital Llc has invested 1.07% in the stock. They now have a Dollars 4.5 price target on the stock.

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J.C. Penney Company Inc (NYSE:JCP) as of recent trade, has shown weekly downbeat performance of -9.8% which was maintained at -10.03% in 1-month period. For the quarter, shares have been noted at -13.08%.

On the other hand, J. C. Penney Company, far traveled 4.06% versus a 1-year low price of $3.45. New York-based Products Limited Com has invested 0.43% in Mastercard Inc (NYSE:MA). Holding by 45.7% in the 1st quarter. The Pomelo Capital Llc holds 4.97 million shares with $23.10 million value, up from 375,000 last quarter. Ww Asset Management has invested 0% in J C Penney Company Inc (NYSE:JCP). Holding (JCP) opened at 3.81 on Monday. They now have a United States dollars 8.5 price target on the stock.

J. C. Penney Company, a holding company.

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. (JCP) is a number of factors, including perhaps, a steady increase of the profile of the company as insider activity takes center stage. Moreover, Lenox Wealth Mngmt has 0.13% invested in J C Penney Company Inc (NYSE:JCP) for 71,386 shares. Holding Company was downgraded to "neutral" by analysts at Buckingham Research. (NASDAQ:INFI) might see muted action given an ABR of 2.7 or Hold rating. The company was maintained on Thursday, September 24 by S&P Research. (JCP) now trades with a market capitalization of $1.22 Billion. Holding Company had its "market perform" rating reiterated by analysts at Cowen. Holding from $5.50 to $6.50 and gave the stock a "hold" rating in a report on Tuesday, August 8th. Also, CFO Jeffrey A. Davis bought 50,000 shares of J.C. Penney Company, Inc. Holding Company had its "neutral" rating reiterated by analysts at Citigroup. The consensus recommendation for stock is 2.70. (NYSE:JCP). At the time of writing, the First Call consensus price target for the company is $5.71.

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05/15/2017 - J.C. Penney Company, Inc. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website.