Stock in Action: JC Penney Company Inc (JCP)

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First introduced in 2008, the retailer's consumer loyalty program has been improved with new benefits and features that allow greater flexibility and reward earning potential, together with a new website and app experience that make accessing JCPenney Rewards easier than ever.

About J.C. Penney Company, Inc.

Several other analysts also recently issued reports on the company.

J C Penney Company Inc (JCP) formed multiple bottom with $4.56 target or 5.00% below today's $4.80 share price. The market capitalization for the company is reported at $39.09 Million, while the P/E ratio yielded by the company was 0.00. Comparatively, J. C. Penney Company, Inc. posted earnings of $-0.05 per share in the same quarter past year. Holding Company and gave the company a "hold" rating in a report on Saturday, May 13th. The stock of J C Penney Company Inc (NYSE:JCP) earned "Neutral" rating by Guggenheim on Friday, September 30. The firm has "Hold" rating given on Tuesday, July 11 by B. Riley & Co. The price index is calculated by dividing the current share price by the share price ten months ago. Holding Company in a report on Thursday, April 6th.

J.C. Penney Company Inc (NYSE:JCP) now has a trailing P/E of -12.83 while its forward P/E according to Thomson Reuters is 10.5. The CCI technical indicator can be employed to help figure out if a stock is entering overbought or oversold territory. A 22 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:HD) or, if they already own its stock, sell it. (JCP) added 1.79% to reach $4.56 in the previous trading session. However, the stock is trading at -59.65% versus recent highs ($11.3). The company has a market cap of $31.01B and its 12 month revenue was nearly $49.47B.

Going out even further, the 200-Day Simple Moving Average is recorded -57.66% away from the current share price. J C Penney Company has a 12-month low of $4.17 and a 12-month high of $11.30. The department store operator reported $0.06 earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.21) by $0.27. The company had revenue of $2.71 billion for the quarter, compared to analysts' expectations of $2.78 billion. Holding Company had its "positive" rating reiterated by analysts at Susquehanna. The Marsico Capital Management Llc holds 268,404 shares with $19.38 million value, up from 238,567 last quarter. The Evercore Trust Company holds 13.37 million shares with $111.08M value, up from 13.18 million last quarter.

Western Forest Products a softwood forest products company, operating in the coastal region of British Columbia. Gabelli Funds Llc holds 0% of its portfolio in TreeHouse Foods Inc. Gordon Haskett upgraded J.C. Penney Company, Inc. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. If you are viewing this report on another domain, it was stolen and republished in violation of U.S. & worldwide copyright and trademark laws. Holding Company (NYSE:JCP) in a research note published on Tuesday, reports. Glenmede Trust Company Na has invested 0% in J C Penney Company Inc (NYSE:JCP). Holding Company by 33.6% in the first quarter.

The stock increased 1.45% or $0.07 during the last trading session, reaching $4.56. Parametrica Management Ltd bought a new stake in J.C. Penney Company, Inc. Holding Company during the fourth quarter valued at about $738,000. The current consensus recommendation provided by covering analysts is 2.70. Holding Company during the fourth quarter worth approximately $12,324,000. UBS Oconnor LLC increased its position in shares of J.C. Penney Company, Inc. Finally, Janney Montgomery Scott LLC raised its position in shares of J.C. Penney Company, Inc. Holding Company were worth $463,000 at the end of the most recent quarter. Thrivent Financial for Lutherans now owns 52,400 shares of the department store operator's stock worth $435,000 after buying an additional 4,430 shares during the period. Investors measure stock performance on the basis of a company's earnings power. Us-based Ancora Advsrs Limited Company has invested 0.05% in J C Penney Company Inc (NYSE:JCP). The Company's 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.