JC Penney Company Inc (NYSE:JCP) & People's United Financial, Inc

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: Cicilline calls for release of Flynn call transcripts with Russian ambassador

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.

Related Articles

  • 'La La Land' wins best film Bafta

    Barry Jenkins, director of best-picture nominee Moonlight , said, "People ought to speak from their heart". The ceremony is being presented by long-running host Stephen Fry at London's Royal Albert Hall.
    White House Adviser: We Have 'Enormous Evidence' of Voter Fraud

    White House Adviser: We Have 'Enormous Evidence' of Voter Fraud

    The White House has cited reports that show people who have died or registered to vote in multiple states remain on the rolls. Trump administration begins deportation raids across U.S .

    Whole Foods Market, Inc.'s (WFM)

    A month ago, they told us to expect earnings of US$0.41 per share while three months ago their EPS consensus estimate was US$0.41. Bearish revenue estimates established at $3.71B while the bullish revenue forecast has been figured out at $3.88B.
  • China exports beat forecasts, up almost  8% in January

    China exports beat forecasts, up almost 8% in January

    Exports had been forecast to grow 3.1% according to a median estimate of 11 economists polled by The Wall Street Journal. This led to a monthly trade surplus of 354.53 billion yuan, down by 2.7 percent from a year earlier, customs data show.
    The reviews for Fifty Shades Darker are just the worst

    The reviews for Fifty Shades Darker are just the worst

    This pointless sequel forces itself to be one, and no moviegoer wants romance forcibly shoved down their throats. It's a toxic relationship trying to sell itself as a romantic one.

    Celestial treat this evening across the United States!

    Still, the next penumbral lunar eclipse won't be until 2020, so catch the show early tomorrow evening if you can. Well, that makes sense since the moon will be in Earth's shadow and the light comes from the same place.
  • An Anti-Trump supporter has been elected President of Germany

    "We're living in tumultuous times; many in our country feel insecure", Mr. Steinmeier's victory, the rebound of Germany's left was on full display.
    Verizon pulled back into unlimited-data game

    Verizon pulled back into unlimited-data game

    All four major USA wireless carriers-AT&T, Verizon, T-Mobile, and Sprint-now each offer some version of an unlimited plan. This time, the cost is $80 a month for one line or $45 per line for four under a family plan, taxes and fees excluded.
    Only Rav4 has a sense of Adventure

    Only Rav4 has a sense of Adventure

    Safety will be enhanced on all Tundra models with the addition of Toyota Safety Sense ™ (TSS-P) as standard equipment. When shopping for a big pickup truck or SUV, it's easy to overlook the Toyota Tundra and Toyota Sequoia.
  • Yale To Remove Slavery Supporter John C. Calhoun's Name From Residential College

    Yale To Remove Slavery Supporter John C. Calhoun's Name From Residential College

    Calhoun, who attended Yale in the early 1800's, served the United States as Vice President to President Monroe. The decision was made after a meeting with the university's board of trustees, the university president said.

    Andover's Oppenheim in 5th place at Pebble Beach

    Fellow American Brandt Snedeker (67) is second on 11 under, one ahead of Dustin Johnson and Kelly Kraft, who shot 66s. He was tied for the lead with Derek Fathauer, who also was 10 under with the ninth hole to play at Pebble Beach.

    Russian athlete stripped of London 2012 gold medal

    She was also seen in a 2014 German television documentary on Russia's doping, apparently admitting to taking banned substances. The World Anti-Doping Agency had recommended five athletes and five coaches be banned for life, including Savinova-Farnosova.