Analyst’s mean target price for The Gap, Inc. The stock’s weekly volatility was 3.19% and the RSI amounts to 45.39. Invictus RG acquired a new position in shares of J.C. Penney during the first quarter worth $103,000.
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Many Wall Street Analysts have commented on J C Penney Company Inc.
On the company’s financial health, J C Penney Company Inc reported $-0.05 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Aug 12, 2016. Finally, Grassi Investment Management boosted its position in J.C. Penney by 53.3% in the second quarter. The stock established a negative trend of -12.00% in last week and indicated fall of -0.52% in previous month. Institutional investors and hedge funds own 89.15% of the company’s stock.
These analysts also forecasted Growth Estimates for the Current Quarter for JCP to be 59.6%. Robert W. Baird upgraded J.C. Penney from a “neutral” rating to an “outperform” rating and set a $12.00 price objective for the company in a report on Thursday, May 26th. 20 Analysts reported that the Price Target for J.C. Penney Company, Inc. Its Price to Cash Flow ratio shows the value of 10.28, whereas, the industry and sector ratio of Price to Cash Flow ticked at 31.63 and 55098.97 respectively.
KB Home (NYSE:KBH) now has mean rating of 3.0 while 1 analyst have recommended the shares as “BUY”, 1 commented as “OUTPERFORM” and 13 commented as “HOLD”.
21 number of analysts have estimated the sales of the company for the quarter ending Nov 11, 2016- Nov 15, 2016, analysts estimated mean sale target of 3987.12 million while high and low sale targets are estimated at 4088 million and 3915 million respectively.
J. C. Penney Company Inc. The shares were acquired at an average cost of $9.92 per share, for a total transaction of $496,000.00. The company has a market capitalization of $1.96B. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.
J C Penney Company Inc (NYSE:JCP) stock is now trading at about $9.44 and lots of rating firms seem to have a target price set on the stock. The average volume stands around 14 million shares.
The stock has its 200-day moving average of $9.36 and $9.67 as its 50-day moving average.
J.C. Penney (NYSE:JCP) last issued its earnings results on Friday, August 12th. The corporation has earnings per share (EPS) ratio of -1.21. Recently the stock has been recommended as “Buy” from 8 and 2 suggested “Sell” for the stock. Holding Company is 2.92 Billion and the High Revenue Estimate is 3.02 Billion. TJX attains analyst recommendation of 1.90 with week’s performance of -1.28%. Looking forward, analysts on average predict that earnings for the current quarter would come in between $-0.31 and $-0.11.
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5 year sales growth rate is an important factor for valuation analysis, the 5 year sales growth of J.C. Penney Company, Inc. J C Penney Company Inc makes up approx 0.01% of Utah Retirement Systems’s portfolio.Quadrant Capital Group boosted its stake in JCP in the latest quarter, The investment management firm added 144 additional shares and now holds a total of 2,535 shares of J C Penney Company Inc which is valued at $24,488. (JCP). The Company’s business consists of selling merchandise and services to consumers through its department stores and Website at jcpenney.com which utilizes applications for desktop mobile and tablet devices.
