Economy

JC Penney Company Inc (JCP) How Do the Technical Vary?

JC Penney Company Inc (JCP) How Do the Technical Vary?

Robert W. Baird set a $3.00 target price on shares of J.C. Penney Company, Inc.

Adam Levine-Weinberg owns shares of J.C. Penney. Over the last quarter, insiders have bought 310,135 shares of company stock valued at $1,111,391. SG Americas Securities LLC grew its position in shares of J.C. Penney Company, Inc. Net sales fell 1.7 percent to $2.81 billion in the fiscal third quarter, beating analysts' estimates of $2.77 billion. BlackRock Institutional Trust Company N.A. raised its stake in J.C. Penney by 20.0% in the second quarter. Teachers Advisors Inc. now owns 11,943,671 shares of the department store operator's stock worth $106,060,000 after buying an additional 1,401,147 shares in the last quarter. Tudor Investment Corp ET AL increased its position in J.C. Penney Company, Inc. Finally, Guggenheim started coverage on shares of J.C. Penney in a report on Friday, September 30th. Most company stocks have very little volatility. (NYSE:JCP) is noted at 0.22.

Stock: Shares jumped 10% to 3.07 in premarket trading on the stock market today, after hitting a record-low 2.35 earlier this week.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. The RSI value will always move between 0 and 100. (NYSE:JCP) in a research report sent to investors on Monday morning.

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In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for J. C. Penney Company, Inc.as 2.74 Billion. The Return on Equity (ROE) value stands at -9.6%.

Lumber Liquidators Holdings Inc (NYSE:LL) has average revenue estimates of $261.66 Million, compared to low analyst estimates of $257.8 Million and high estimates of $265.7 Million for the current quarter. During the same quarter a year ago, the business earned ($0.21) earnings per share. Cowen and Company set a $6.00 price objective on J.C. Penney Company, Inc. The difference between the expected and actual EPS was $-0.04/share, which represents an Earnings surprise of -80%.

A number of other research firms have also commented on JCP. Image source: J.C. Penney. Furthermore on 10/30/17 Northcoast Research "Downgrades" the stock to Neutral at $0. BidaskClub upgraded J.C. Penney Company, Inc. At the moment, the average analyst rating for DHI is Moderate Buy. J.C. Penney has a variety of initiatives in place to offset these headwinds, but they haven't been sufficient recently. Whereas 14 of them predict the stock is a hold. Geode Capital Management LLC boosted its holdings in J.C. Penney Company, Inc. Three analysts have rated the stock with a sell rating, twenty have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of "Hold" and an average target price of $5.06. The company has market cap of $814.14 million. Also, Director Paul J. Brown purchased 25,000 shares of the firm's stock in a transaction that occurred on Monday, August 21st.