Penney Company, Inc. (NYSE:JCP) Underpriced by 12.7%

The target implies a 12.23% spike from where the shares are now trading. Holding's Q1 2019 earnings at ($0.13) EPS, Q2 2019 earnings at $0.05 EPS and Q4 2019 earnings at $0.40 EPS. From the start of year 2017 to present date JCP reported slumped performance of -64.50%.

The Details: J. C. Penney Company, Inc. Holding from a hold rating to a buy rating in a report on Tuesday, August 1st.

COPYRIGHT VIOLATION NOTICE: "J.C. Penney Company, Inc". Citigroup Inc. upped their target price on J.C. Penney Company, Inc.

On October 30 Susquehanna Bancshares maintained a stock rating of "Neutral" targeting a price of $8.50. Piper Jaffray Companies set a $4.00 price objective on shares of J.C. Penney Company, Inc. Holding and gave the company a hold rating in a research report on Sunday, October 29th. Zacks Investment Research downgraded shares of J.C. Penney Company, Inc. As of the end of the quarter American International Group Inc had acquired 13,477 shares growing its holdings by 5.8%. Also, the current price highlights a discount of 26.54% to analysts' high consensus price target.

Dimensional Fund Advisors Lp says it decreased its position in J.C. Penney Company Inc shares by 2,636,736 shares as reported in a filing on 11/14/2017. The original version of this piece can be read at https://www.truebluetribune.com/2017/11/14/j-c-penney-company-inc-holding-jcp-given-daily-coverage-optimism-score-of-0-03.html.

The company is trading up from yesterday's close of 2.95. This shows a surprise factor of 0.049%. Checking out a company's current profit margin, for example, lets us know about how much of its total sales revenue was kept as earnings - which we find by taking net income and dividing it by total sales revenue. Creative Planning increased its position in J.C. Penney by 7.5% in the second quarter. Holding has a 52 week low of $2.35 and a 52 week high of $10.74.

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J.C. Penney (NYSE:JCP) last released its quarterly earnings data on Friday, November 11th. They expect $0.51 earnings per share, down 20.31% or $0.13 from last year's $0.64 per share. The return on assets stands at -1.3%, Return on Equity now is -9.6% and the Return on Investment value is 5.9%. During the same quarter previous year, the company earned ($0.21) earnings per share. The company's revenue for the quarter was down 1.4% compared to the same quarter a year ago.

COPYRIGHT VIOLATION WARNING: This article was first reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this news story on another publication, it was stolen and reposted in violation of United States & global copyright laws. The firm earned "Hold" rating on Monday, September 18 by Stifel Nicolaus. US Bancorp DE grew its position in J.C. Penney Company, Inc.

In other J.C. Penney news, EVP John Joseph Tighe III sold 38,756 shares of the business's stock in a transaction dated Friday, November 18th. The stock was bought at an average price of $3.48 per share, with a total value of $348,000.00. The stock has "Hold" rating by Deutsche Bank on Monday, August 17. The stock was acquired at an average cost of $3.62 per share, with a total value of $90,500.00. 9,169,998 shares of the company were exchanged. The disclosure for this purchase can be found here. GA ADV now owns 37,200 shares of the department store operator's stock valued at $330,000 after buying an additional 1,000 shares during the period. The company has market cap of $1.01 billion.

Here are a few substantial investment firms who have updated their positions. Amalgamated Bank claims 41,702 shares worth $159,000. Vanguard Group Inc. grew its stake in J.C. Penney Company, Inc. Holding by 3.1% in the second quarter. Holding by 1.7% during the second quarter. Moreover, Orca Investment Management Llc has 1.2% invested in the company for 276,464 shares.

J.C. Penney Company, Inc.

J. C. Penney Company, Inc is a holding company.

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