JC Penney Company, Inc. (JCP): Important Trade and Target Levels To Watch

J C Penney Company Inc

Through these integrated channels, JCPenney offers a wide array of national, private and exclusive brands.

JC Penney shares are up 1.1% to $7.22 in recent trading.

Longer-term, she also has concerned about headwinds to retail, including worsening store traffic, the loss of market share to off-price stores and Amazon (AMZN) and weak sales trends. The 52-week high of the share price is $11.99 and the company has a market cap of $2,201 million. The mean forecast was for $2.95 billion and $-0.21 a share, respectively. The company reported the earnings of $-0.21/Share in the last quarter where the estimated EPS by analysts was $-0.21/share. During the same quarter in the previous year, the company posted ($0.45) earnings per share. 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 has a Return on Assets (ROA) of -2.80%.

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%.

J C Penney Company Inc (JCP) was Upgraded by Morgan Stanley to " Equal-Weight". Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. They now have $7.76 price target on the department store operator's stock. The median estimate represents a +42.45% increase from the last price of 7.02.

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The company is expected to report earnings of 3.62 per share for the current quarter, according to consensus agreement of 29 analysts. The report will be for the fiscal Quarter ending Jan 2017. (NYSE:JCP) for the current quarter is 56.4 percent. (JCP). The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com, which utilizes optimized applications for desktop, mobile and tablet devices. It operates stores in the majority of the major US metropolitan markets. They have a 52-wk trading range of 3.04 - 12.56, and the consensus price target is 11.02. According to these analysts, the Low Revenue Estimate for J. C. Penney Company, Inc.is 3.94 Billion and the High Revenue Estimate is 4.1 Billion. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. The stock hit 1-yearhigh at $8.77 and a low of $5.20 in the same period. The stock hit its 52-Week High on Mar 8, 2016 and 52-Week Low on Jan 30, 2017. The heightened volatility saw the trading volume jump to 20,400,674 shares. The company has a total of 1.05 Billion shares outstanding. The difference between the actual and Estimated EPS is $-0.03.

The company has YTD performance of -30.83 percent. It has met expectations 0 times and missed earnings 1 times. In the past week, the company has outperformed the S&P 500 by 5.87% and the outperformance has advanced to 3.73% for the last 4 weeks period.

Rite Aid Corporation has distance from 20-day Simple Moving Average (SMA20) of -12.73%, Distance from 50-Day Simple Moving Average of -24.86 percent and Distance from 200-Day Simple Moving Average of -24.13%.

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