Earnings Analysis Of J. C. Penney Company, Inc. (JCP)

Fernando Stephens
May 18, 2017

The counter witnessed a trading volume of 0.37 million shares versus an average volume of 0.32 million shares during last trading session. This represents an increase of approximately 672% compared to the typical volume of 940 put options.

The share of BlackBerry Limited (BBRY) now has a value of $9.63 while the company's 52 week low is at $6.23, the shares dropped to the 52 week low on 06/27/16. Company shares have been seen trading -58.32% off of the 52 week high and 12.95% away from the 52 week low. The company has a 50-day moving average of $5.59 and a 200 day moving average of $7.17.

In recent trading day Ford Motor Company (F) stock showed the move of -1.65% with the closing price of $10.76.

Lloyds Banking Group returns to private ownership
The group's shares have added more than 22 percent to their value over the past year, and are up by some 17 percent so far in 2017.

Shares of J C Penney Company (NYSE:JCP) traded up 1.52% during trading on Tuesday, hitting $4.67. The difference between the expected and actual EPS was $0.03/share, which represents an Earnings surprise of 4.9%. The business had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.78 billion. J C Penney Company had a negative net margin of 2.56% and a negative return on equity of 4.66%. The firm's quarterly revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the company posted ($0.22) earnings per share. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $6.76 on company shares. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Finally, Robert W. Baird lowered J C Penney Company from an "outperform" rating to a "neutral" rating and cut their target price for the company from $8.00 to $5.00 in a research note on Monday. Susquehanna Bancshares Inc assumed coverage on J C Penney Company in a research note on Friday, February 10th. Its last 5-Year EPS growth stands at -1.50% with earnings growth of -20.30% yoy. The company has a consensus rating of "Hold" and an average target price of $7.65. The stock closing price is now trading downward to its 50 day moving average with change of -6.20%, tumbled to its 20 day moving average with figure of -3.99% and behind its 200 day moving average with value -8.94%. Princeton Alpha Management LP purchased a new stake in J C Penney Company during the third quarter valued at $102,000. World Asset Management Inc boosted its position in shares of J C Penney Company by 0.7% in the first quarter. Alambic Investment Management L.P. now owns 68,100 shares of the department store operator's stock worth $628,000 after buying an additional 21,100 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in J C Penney Company by 0.9% in the third quarter. Capstone Asset Management Co. now owns 35,644 shares of the department store operator's stock valued at $220,000 after buying an additional 320 shares during the period. Chicago Equity Partners LLC acquired a new stake in shares of J C Penney Company during the third quarter worth $655,000. Sheaff Brock Investment Advisors LLC now owns 11,900 shares of the department store operator's stock valued at $110,000 after buying an additional 500 shares during the period. Tudor Investment Corp ET AL boosted its stake in shares of J C Penney Company by 12.8% in the first quarter.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company.

Despite the past success, investors want to know where the stock is headed from here.

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