Prominent Runners: JC Penney Company Inc (NYSE:JCP)

Ivan Schwartz
July 19, 2017

Holding Company (JCP) now has P/E (Price to Earnings) ratio of 0 while the company's industry has 56.8 P/E and the sector P/E is 20.48.

The stock is now moving with a Negative distance from 200-Day Simple Moving Average of about -25.61% and has no so good Year to Date (YTD) Performance of -38.63% which means the stock is constantly adding to its value from previous fiscal year end price. TheStreet lowered J.C. Penney Company, Inc. Holding were worth $650,000 at the end of the most recent quarter.

Bloomin' Brands, Inc. (BLMN) stock moved with shift of -0.24% in the past week. Moreover, Hodges Capital Management Inc. has 2.42% invested in the company for 6.32 million shares. The Pittenger & Anderson Inc holds 6,385 shares with $410,000 value, down from 51,615 last quarter. Numeric Investors LLC now owns 131,500 shares of the department store operator's stock valued at $1,093,000 after buying an additional 116,800 shares in the last quarter. Grassi Investment Management raised its stake in J.C. Penney Company, Inc. Similarly, the company's last 5 years high P/E ratio is 2021.94 and low P/E is 2021.94, whereas, the industry's and sector's high P/E for the past year is 124.45 and 33.14 respectively and low P/E ratio for the last 5 years is 23.14 for the industry and 13.11 for the Sector. The RSI computes momentum as the ratio of higher closes to lower closes: stocks which have had more or stronger positive changes have a higher RSI than stocks which have had more or stronger negative changes. Louisiana State Employees Retirement System raised its position in J.C. Penney Company, Inc. Holding Company by 45.7% in the first quarter. Teachers Advisors LLC now owns 9,967,442 shares of the department store operator's stock worth $82,829,000 after buying an additional 1,570,446 shares in the last quarter. The Beta for the company stands at 0.48 and its Average True Range (ATR) shows a value of 0.23. Finally, Grassi Investment Management raised its position in J.C. Penney Company, Inc. Capstone Asset Management Co. now owns 35,644 shares of the department store operator's stock worth $220,000 after buying an additional 320 shares in the last quarter. Holding (NYSE:JCP) opened at 4.92 on Wednesday.

The company surged 3.24% and closed its last trading session at $4.94. The company's market cap is $1.58 billion. Moving averages are considered to be lagging indicators that simply take the average price of a stock over a certain period of time. Holding Company (NYSE:JCP) last issued its quarterly earnings data on Friday, May 12th.

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So the company beats the analysts estimate by $0.27/share showing a surprise of 128.6%.

Talking about profitability of the company, the profit margin percentage is -0.89% while its operating margin for the trailing twelve month is at 2.58%. The company had revenue of $2.71 billion for the quarter, compared to analysts' expectations of $2.78 billion. During the same period a year ago, the company earned ($0.22) EPS. The business's quarterly revenue was down 3.7% compared to the same quarter past year. J.C. Penney Company had 50 analyst reports since July 22, 2015 according to SRatingsIntel. Gofen & Glossberg Ltd Il holds 0% or 14,012 shares in its portfolio.

TRADEMARK VIOLATION NOTICE: This piece was first posted by Transcript Daily and is the sole property of of Transcript Daily. If you are reading this story on another publication, it was illegally copied and republished in violation of USA and worldwide copyright and trademark laws. The stock of J C Penney Company Inc (NYSE:JCP) earned "Hold" rating by Deutsche Bank on Sunday, August 16. Holding from $10.00 to $8.00 and set a "market perform" rating on the stock in a report on Monday, February 27th. Advsr Asset has 0% invested in J C Penney Company Inc (NYSE:JCP) for 11,835 shares. Two equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. ValuEngine upgraded shares of J.C. Penney Company, Inc. Finally, BidaskClub upgraded shares of J.C. Penney Company, Inc. Out of 6 Wall Street analysts rating J. C. Penney, 3 give it "Buy", 1 "Sell" rating, while 2 recommend "Hold". Jefferies Group LLC restated a "hold" rating and issued a $7.00 price objective on shares of J.C. Penney Company, Inc.

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