JC Penney shares are up 1.1% to $7.22 in recent trading. IBM Retirement Fund now owns 31,071 shares of the department store operator's stock worth $276,000 after buying an additional 467 shares during the period.
Growth Estimate for J. C. Penney Company, Inc. The Company has 52-week high of $11.99 and 52-week low of $6.35. The stock exchanged hands with 20.40 million shares contrast to its average daily volume of 22.20 million shares.
The Company has 305.28 million shares outstanding and 303.26 million shares were floated in market. Holding Company (NYSE:JCP) by 0.0% during the third quarter, Holdings Channel reports. During the same quarter in the previous year, the business posted ($0.45) earnings per share.
The firm is trading with SMA20 of 3.53 Percent, SMA50 of -12.37 Percent and SMA200 of -19.67 percent. Analysts mean target price for J C Penney Company Inc (NYSE:JCP) is $10.21 while their mean recommendation is 2.50 (1=Buy, 5=sell). The Company's department stores and Website serves the same type of customers, its Website offers virtually the same mix of merchandise as its in store assortment along with other extended categories that are not offered in store, and its department stores accept returns from sales made in stores and through its Website.More news: The reviews for Fifty Shades Darker are just the worst
In the profitability analysis, net profit margin of the firm was recorded at -2.10% and operating profit margin was calculated at 1.20% while gross profit margin was measured as 36.00%. Bank of America Corporation upgraded shares of J.C. Penney Company, Inc. (NYSE:JCP) share price Jumped 0.99% to reach $7.14 during the last trading session. [: shld], accelerated store closures, continuing debt paydowns and an expected lowered guidance on the fourth-quarter call next week and the analysts meeting in March. (NYSE:JCP) is 2.5. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. 21 Analysts reported that the Price Target for J. C. Penney Company, Inc. might touch $15 high while the Average Price Target and Low price Target is $10.1 and $7 respectively. The median estimate represents a +42.45% increase from the last price of 7.02. Holding Company (NYSE:JCP) in a report published on Friday. Morgan Stanley advised their Clients and Investors in a research report released on Feb 13, 2017. (NYSE:JCP) for the current quarter is 56.4 percent. (JCPenney) is a holding company. It operates stores in the majority of the major USA metropolitan markets. While the shares are trading 2.7% higher ahead of the bell, they have still shed almost 32% since hitting their most recent high of $10.74 in early December to linger near $7.14, and tagged a 12-month low of $6.35 on January 30. The shares have been given a mean Overweight rating keeping in view the consensus of 23 Analysts. The reported EPS for the same quarter past year was $0.07.
On 02/10/2017 close, Rite Aid Corporation (NYSE:RAD) rose 2.37% to $5.61.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. A stock experiencing a high level of volatility has a higher ATR, and a low volatility stock has a lower ATR. The firm touched its 52-Week high on Jan 13, 2017 and 52-Week low on Feb 6, 2017. The company has price to cash ratio of 11.71. One quarter earlier, revenue for the stock was at $2.92 billion, with earnings at $-0.05/share. The difference between the actual and Estimated EPS is $-0.03.