Momentum Stock: JC Penney Company Inc (JCP)

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Deutsche Bank AG reaffirmed a "hold" rating and set a $5.00 target price (down previously from $6.50) on shares of J.C. Penney Company, Inc. Holding and gave the company a hold rating in a research note on Monday, October 30th. Also, Director Paul J. Brown bought 25,000 shares of J.C. Penney Company, Inc. Holding in a research report issued to clients and investors on Monday. For the most recent period which ended on N/A, J C Penney Company Inc's EPS was reported as $N/A. Holding and gave the company a "hold" rating in a report on Monday, October 30th. Finally, Citigroup Inc. lowered J.C. Penney Company, Inc. Holding from a "sell" rating to a "hold" rating in a research note on Tuesday, October 17th. Finally, Jefferies Group LLC set a $4.00 target price on J.C. Penney Company, Inc. Holding in a research report on Wednesday, August 16th. Out of 16 total analysts who were surveyed, 1 rated it a Strong Sell, 14 rated it hold, and 1 rated it a Strong Buy. Meanwhile, the average 12-month price target from Wall Street analysts is now $3.63, this means that the stock is underpriced by 12.672%. The stock's average target of $9.75 is 200.93% above today's ($3.24) share price.

Looking into the profitability ratios of UNIT stock, investor will find its ROE, ROA, ROI standing at 3.3%, -1.1% and 10.3%, respectively. (JCP) has made a move of -12.98% over the past month, which has come on Strong relative transaction volume.

The P/E ratio is N/A and the market cap of the company is 1.01B. Holding (NYSE:JCP) last released its quarterly earnings results on Friday, November 10th. The department store operator reported ($0.21) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.21). Bank of America upgraded J C Penney Company Inc (NYSE:JCP) on Friday, December 2 to "Buy" rating. Holding had a negative net margin of 0.94% and a positive return on equity of 10.55%. During the same quarter previous year, the business posted ($0.45) earnings per share. After a recent check, J. C. Penney Company, Inc.'s 14-day RSI is presently at 45.16. Holding will post 0.06 earnings per share for the current fiscal year. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and worldwide copyright & trademark law.

Visa Inc., a US based Company, belongs to Financial sector and Credit Services industry.

In other J.C. Penney Company, Inc. Holding news, Chairman Marvin R. Ellison acquired 100,000 shares of the stock in a transaction dated Friday, August 18th. The shares were acquired at an average cost of $3.62 per share, with a total value of $181,000.00. Following the purchase, the chairman now owns 2,852,280 shares in the company, valued at $9,925,934.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock has "Outperform" rating by Telsey Advisory on Monday, January 9. This is apparently because shareholders use the 52-week high as an "anchor" against which they value stocks, thus they tend to be reluctant to buy a stock as it nears this point regardless of new positive information. Following the completion of the purchase, the director now directly owns 68,123 shares in the company, valued at $246,605.26. The disclosure for this purchase can be found here. After a recent check, it is observed that the insiders for the firm now own 1.90% shares. Perhaps, that suggests something about why 73.33% of the outstanding share supply is held by institutional investors.

Ratings analysis reveals 50% of J. C. Penney's analysts are positive. The stock sank -13.49% last month and is down -64.5 this year. Quinn Opportunity Partners LLC raised its stake in shares of J.C. Penney Company, Inc. Holding by 502.5% during the 2nd quarter.

EPS is the portion of a company's profit allocated to each exceptional share of common stock. There has been an observed change of 5.54% in the ownership of the shares in the past six months. Holding by 12.8% during the 1st quarter. The MF Rank of J. C. Penney Company, Inc. Holding during the 2nd quarter worth about $5,140,000. Equities analysts predict that J.C. Penney will post $0.06 earnings per share for the current year. Holding during the 2nd quarter worth about $190,000. Its last month's stock price volatility remained 11.16% which for the week stands at 7.76%.

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