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, 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

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 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.

Like this: