April 22, 2018

Just the Facts on JC Penney Company, Inc. (JCP)

14 November 2017, 09:52 | Brandon Parsons

Holding and gave the company a hold rating in a research note on Monday, October 30th.

Hodges Capital Management Inc. holds 2.21% of its portfolio in J C Penney Company Inc for 8.01 million shares. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return. Goldman Sachs initiated the shares of LW in report on Wednesday, February 8 with "Neutral" rating.

Short traders are feeling a little more bearish on J.C. Penney Company Inc recently if you take note of the rise in short interest. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. 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%.

Analysts have given a mean recommendation of 3.00 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock has a market cap of $985.05, a P/E ratio of 11.32 and a beta of 0.53.

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. Holding has a 1-year low of $2.35 and a 1-year high of $10.74. Northcoast Research analyst K. Szafraniec now expects that the department store operator will post earnings of $0.42 per share for the quarter, down from their previous estimate of $0.54. As of the last earnings report the EPS was $-0.41 with 310.74M shares now outstanding. Bank of America upgraded J C Penney Company Inc (NYSE:JCP) on Friday, December 2 to "Buy" rating. (JCP) has an operating margin of 1.70%.

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Wall Street analysts, on average, are forecasting the company's EPS to be 0.50, compared to 0.64 reported in the same quarter a year ago. Currently Analysts have a mean recommendation of 3.00 on the shares. Holding's FY2019 earnings at $0.25 EPS.

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J. C. Penney Company, Inc is a holding company. The stock was purchased at an average price of $3.48 per share, with a total value of $348,000.00. As a result, shareholders under-react when stock prices approach the 52-week high, and as a result, contrary to most shareholders' expectations, stocks near their 52-week highs tend to be systematically undervalued. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The stock of Target Corporation (NYSE:TGT) has "Buy" rating given on Monday, November 9 by Citigroup. The shares were acquired at an average cost of $3.62 per share, with a total value of $181,000.00. The expected future growth in earnings per share ("EPS") is an incredibly important identifying an under-valued stock. The disclosure for this purchase can be found here. The company holds 310.80 million outstanding shares and 304.55 million shares are floating in market. Hedge funds and other institutional investors own 86.53% of the company's stock. They give the company shares an ABR of N/A. Zacks Investment Research downgraded shares of J.C. Penney Company, Inc. Holding by 12.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,721 shares of the department store operator's stock worth $103,000 after acquiring an additional 4,205 shares during the period. GA ADV increased its position in J.C. Penney by 2.8% in the second quarter. Holding by 1.7% during the 2nd quarter. IL lifted its position in J.C. Penney Company, Inc. Vanguard Group Inc. now owns 23,858,033 shares of the department store operator's stock worth $146,966,000 after purchasing an additional 1,270,459 shares during the last quarter. Holding by 13.9% during the 2nd quarter. As of the end of the quarter Teachers Retirement System Of THE State Of Kentucky had bought a total of 35,100 shares growing its position 39.8%. Holding during the 2nd quarter worth about $190,000.

About J.C. Penney Company, Inc. Among active positions in the latest quarter, 126 holders increased their positions by a total of 47.02 million shares, 143 holders decreased the positions by a total of 49.35 million shares, and 54 holders held their positions. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website.

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