Published: Sat, July 15, 2017
Markets | By Noel Gibbs

JC Penney Company Inc (JCP) Sees Management Shakeup


Gordon Haskett raised its rating on J. C. Penney Company, Inc.to Hold on 27/06/2017 in a reversal from its prior Reduce rating. Institutional owners hold 79.90% stake in the company while Insiders ownership held at 2.10%. (NYSE:JCP). At the time of writing, the First Call consensus price target for the company is $6.75.

According to WSJ three month ago research; the Company remained on "Buy" beliefs from 8. Holding Company now has a consensus rating of "Hold" and an average target price of $7.10.

The share price of J.C. Penney Company, Inc. Holding Company in a report on Saturday, May 13th. Holding Company from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. For all active J. C. Penney customers any leftover points will rollover from one month to next month instead of expiring. Holding Company in a report on Monday, May 15th. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Considering that the stock daily volume of 23.26 million shares, this represents a pretty noteworthy trading in volume size that is above six million trading capacity in last session.

The PayPal Holdings Target of Unusually High Options Trading (NASDAQ:PYPL)
The shipping service provider reported $4.25 EPS for the quarter, beating analysts' consensus estimates of $3.88 by $0.37. Following the sale, the executive vice president now directly owns 37,491 shares in the company, valued at $1,967,527.68.


The company planned to add tory stores permanently in all of its current stores, which was in over 1,000 locations. J.C. Penney Company Inc (NYSE:JCP)'s price sits 3.73% above from its 50-day moving average of $4.7 and -27.84% away from the stock's 200-day moving average which is $5.87. Holding Company has a 52-week low of 4.17 and a 52-week high of 11.30. Holding Company also saw some unusual options trading on Thursday. As of the latest earnings report the EPS was $-0.36 and is projected to be $0.49 for the current year with 309,996,000 shares now outstanding. The firm had revenue of $2.71 billion during the quarter, compared to analysts' expectations of $2.78 billion. The Gross Margin score lands on a scale from 1 to 100 where a score of 1 would be considered positive, and a score of 100 would be seen as negative. The Masters Capital Management Llc holds 1.91 million shares with $15.84 million value, up from 1.00 million last quarter. During the same period in the previous year, the company earned ($0.22) EPS.

On Thursday, J.C. Penney announced that it is planning to open toy shops in all of its physical store locations. The company now has a Return on Equity of -9.1% and a Return on Investment of 5.9%. Finally, Janney Montgomery Scott LLC raised its position in shares of J.C. Penney Company, Inc. Holding Company from a "hold" rating to a "sell" rating in a research report on Wednesday. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of United States & worldwide trademark & copyright legislation. The legal version of this piece of content can be viewed at https://sportsperspectives.com/2017/07/14/j-c-penney-company-inc-holding-company-nysejcp-rating-lowered-to-sell-at-zacks-investment-research.html.

Several equities analysts recently issued reports on JCP shares.

Analyst Stance On Two Stocks: Cara Therapeutics, Inc. (CARA), ViewRay, Inc. (VRAY)
Private Advisor Group LLC acquired a new position in shares of Cara Therapeutics during the fourth quarter worth about $117,000. Janney Montgomery Scott's target price would suggest a potential upside of 36.72% from the stock's previous close.


Peak6 Investments Lp increased Penney J C Inc (Call) (JCP) stake by 18.45% reported in 2016Q4 SEC filing. Holding Company by 3.5% in the first quarter. The stock now has Monthly Volatility of 4.89% and Weekly Volatility of 4.28%. J.C. Penney Company, Inc.

Brokerage houses, on average, are recommending investors to hold TETRA Technologies, Inc. The total value of its holdings decreased 50.0%.

J. C. Penney Company, Inc.'s ROA is -1.25%, while industry's average is 10.35%. Holding Company during the fourth quarter worth approximately $665,000. Oppenheimer Holdings, Inc. reissued a "hold" rating on shares of J.C. Penney Company, Inc. The legal version of this story can be accessed at https://www.chaffeybreeze.com/2017/07/14/j-c-penney-company-inc-holding-company-jcp-given-neutral-rating-at-b-riley.html. J.C. Penney Company, Inc.

Bucks County District Attorney Releases Disturbing Details On Deaths Of 4 Men
Investigators found the bodies of Finocchiaro, Meo and Sturgis in a 12½-foot-deep grave Wednesday, according to the complaint. On Wednesday, July 5 , DiNardo agreed to sell Jimi Patrick four pounds of marijuana for $8,000, officials say.


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