The Stock now has a Weekly Volatility of 11.28% and Monthly Volatility of 7.06%. At the moment, the average analyst rating for JCP is Hold.
J.C. Penny stuck to its forecast of per-share profits of between 2 and 8 cents for the year, way down from an earlier outlook of between 40 cents to 65 cents.
J. C. Penney Company, Inc is a holding company. Holding from a "sell" rating to a "hold" rating in a report on Tuesday, October 17th. Analysts reported that the Price Target for J. C. Penney Company, Inc. might touch $5 high while the Average Price Target and Low price Target is $3.34 and $1.5 respectively. Holding from a "positive" rating to a "neutral" rating in a research note on Monday, October 30th. Robert W. Baird set a $3.00 target price on shares of J.C. Penney Company, Inc. Holding by 4.8% in the first quarter. Holding and gave the company a "market perform" rating in a research report on Saturday, August 12th.
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In terms of Buy, Sell or Hold recommendations, J.C. Penney Company Inc (NYSE:JCP) has analysts' mean recommendation of 3. The stock has a consensus rating of "Hold" and an average target price of $5.06. (NYSE:JCP) had a closing price of $2.51 yesterday.
On the other hand the company has Relative Strength Index (RSI 14) of 38.09 along with Average True Range (ATR 14) of 0.22, Consequently J.C. Penney Company Inc (NYSE:JCP)'s weekly and monthly volatility is 11.28%, 7.06% respectively. The stock has a market capitalization of $975.73, a price-to-earnings ratio of 6.28 and a beta of 0.53. The company has a debt-to-equity ratio of 3.51, a quick ratio of 0.24 and a current ratio of 1.45. Holding by 10.6% in the second quarter. J.C. Penney had a negative net margin of 2.56% and a negative return on equity of 4.66%. The firm had revenue of $2.81 billion during the quarter, compared to analyst estimates of $2.77 billion. During the same quarter in the prior year, the firm earned ($0.45) EPS. The company had revenue of $2.81 billion for the quarter, compared to analysts' expectations of $2.77 billion.
Wall Street analysts, on average, are forecasting the company's EPS to be -0.40, compared to -0.21 reported in the same quarter a year ago. Analysts expected a 43 cent loss. The original version of this article can be viewed at https://stocknewstimes.com/2017/11/11/j-c-penney-company-inc-holding-company-jcp-given-a-4-00-price-target-at-cowen-and-company.html. If you are reading this piece on another domain, it was illegally stolen and reposted in violation of United States and global copyright legislation. "We expect 29% to 35% year-over-year increase in gross merchandise volume growth for this event, as the company benefits from strong online consumer demand driven by aggressive Tmall promotions, a large increase in participating global brands, and contribution from the New Retail marketing effort", wrote analysts led by Youssef Squali. GA ADV raised its position in shares of J.C. Penney by 2.8% in the second quarter.