Past 5 years growth of J.C. Penney Company Inc (NYSE:JCP) observed at 9.37%, looking forward for the next 5 years it has a strong prediction of -28% over growth. According to these analysts, the Low Revenue Estimate for J. C. Penney Company, Inc.is 2.61 Billion and the High Revenue Estimate is 2.87 Billion. They are projecting Next Quarter growth of -4.7%.
Ellison said on Friday that J.C. Penney will not need to liquidate inventory again in the fourth quarter. Holding in a research report on Thursday, September 14th. Robert W. Baird set a $13.00 target price on J.C. Penney and gave the stock a "buy" rating in a research report on Friday, November 11th.
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 firm has a market cap of $860.75, a price-to-earnings ratio of 6.93 and a beta of 0.53. The company has a current ratio of 1.45, a quick ratio of 0.24 and a debt-to-equity ratio of 3.51.
J.C. Penney's net loss widened to $128 million, or 41 cents per share, in the quarter ended October 28, from $67 million, or 22 cents per share, a year earlier, partly because of the heavy discounting. The Return on Equity (ROE) value stands at -9.6%. Total net sales fell 1.8% to $2.81 billion from $2.86 billion a year ago. J.C. Penney's quarterly revenue was down 1.4% on a year-over-year basis.
Net loss widened to $128 million, or 41 cents per share, in the quarter ended October 28, from $67 million, or 22 cents per share, a year earlier.
Several research analysts have recently issued reports on the company. 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 viewing this article on another publication, it was illegally stolen and reposted in violation of United States & worldwide trademark and copyright legislation. However, it was a boon for JCP stock by beating out Wall Street's losses per share estimate of 43 cents for the quarter. Holding news, Director Javier G. Teruel bought 135,135 shares of the business's stock in a transaction that occurred on Tuesday, August 22nd. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Following the completion of the purchase, the chief financial officer now owns 72,645 shares in the company, valued at approximately $262,974.90. The disclosure for this purchase can be found here. Piedmont Investment Advisors LLC purchased a new position in shares of J.C. Penney Company, Inc. Insiders acquired 310,135 shares of company stock valued at $1,111,391 in the last ninety days. Rhumbline Advisers raised its position in J.C. Penney Company, Inc. Holding by 33.6% in the first quarter. Tudor Investment Corp ET AL now owns 22,900 shares of the department store operator's stock valued at $141,000 after purchasing an additional 2,600 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of J.C. Penney Company, Inc. Holding in the second quarter worth about $5,140,000. Adjusted earnings were $1.53 per share.
Shares of J.C. Penney Co. Holding by 10.6% in the second quarter. Finally, BidaskClub upgraded shares of J.C. Penney Company, Inc. However the six-month change in the insider ownership was recorded 5.13%, as well as three-month change in the institutional ownership was recorded -0.11%. Geode Capital Management LLC boosted its holdings in J.C. Penney Company, Inc.
Nvidia Corporation focuses on personal computer graphics, graphics processing unit (GPU) and also on artificial intelligence (AI). Oppenheimer Holdings, Inc. reaffirmed a hold rating on shares of NVIDIA Corporation in a research note on Sunday, November 5th.
One woman told CBS News' Tony Dokoupil about a horrific experience at a Mexican resort that TripAdvisor initially refused to post. Steve Kaufer, the CEO of TripAdvisor , said the company, "apologized to the victim [Love] for her experience".
Senator Richard Shelby of Alabama said "If that's true", referring to the allegations, "then he wouldn't belong in the Senate". His campaign also said that if the allegations were true, they would have come up before.
Morocco and Tunisia will join Nigeria, Egypt and Senegal as the African sides in Russian Federation next summer. The Atlas Lions are returning to the World Cup for the first time in 20 years after they last made it in 1998.
Misty Spann and her mother, Patricia Ann Spann, 44, married in Lawton in March 2016 and lived together in Duncan, records show. An Oklahoma woman was sentenced on Tuesday after pleading guilty to incest for marrying her biological mother past year .
The iOS 11 and iOS 11 .1.1 update is free for the iPhone , iPad and iPod touch, but is only coming to a select group of devices. Apple Pay Cash has arrived as part of the iOS 11 .2 beta, and early reviews suggest it's really easy to use.
Chinese President Xi Jinping (R) meets with South Korean President Moon Jae-in in Da Nang, Vietnam, Nov. 11, 2017. President Donald Trump's Asia visit, which was largely focused on about the North Korean nuclear threat.
Goddard, who reportedly has a history with McGregor, apparently angered McGregor with his attempts to clear up the ring. The UFC star was involved in a insane altercation in the cage with referee Marc Goddard at the event in the 3Arena.
Russian Federation has vehemently denied allegations of interfering in the USA election past year that brought Trump to power. Russian and United States presidents Vladimir Putin and Donald Trump will meet tomorrow in Vietnam.
The suspension dates back to a year-long investigation into domestic violence accusations from his ex-girlfriend Tiffany Thompson. While his legal options aren't exhausted - Thursday's ruling isn't a verdict - Elliott will miss the Cowboys' next six games.
Barros mentioned that Equifax is working on an application that would let customers lock and unlock personal credit data. Mayer joined former and current CEOs of Equifax in testifying before the committee examining recent data breaches.