The firm owned 77,083 shares of the department store operator's stock after selling 163,902 shares during the period. The retail company is carrying toys from Mattel, Inc.
Apparel, however, underperformed overall same-store sales in J.C. Penney's most recent quarter. Holding Company by 33.6% in the first quarter. Holding Company will post $0.47 EPS for the current fiscal year. Additionally, JCP had a day price range of $4.41 to $4.64. Teachers Advisors LLC now owns 14,525,136 shares of the department store operator's stock valued at $89,475,000 after buying an additional 4,557,694 shares during the last quarter. Finally, World Asset Management Inc increased its position in shares of J.C. Penney Company, Inc. Tci Wealth Advisors Incorporated has invested 0% of its portfolio in J C Penney Company Inc (NYSE:JCP). Parametrica Management Ltd bought a new position in J.C. Penney Company, Inc. Holding Company (NYSE:JCP) traded down 0.66% on Tuesday, reaching $4.52.
Total cash per share on the most recent quarter is 1.17.
Moving toward other technical indicators, stock is wondering in considerable region as it has 20 days moving average of -2.51% and struggles for 50 days moving average of buoyant run is -5.63%.
J.C. Penney Company Inc (NYSE:JCP) 52-week high price stands at $11.30 and low price stands at $4.17, its price distance from 52-week high is -59.12% while its distance from 52-week low price is 10.79%. The firm has a Return on Assets (ROA) value of -1.20%.
J. C. Penney Company, Inc is a holding company. During the same quarter in the prior year, the company earned ($0.22) earnings per share. The business had revenue of $2.71 billion during the quarter, compared to analyst estimates of $2.78 billion. Its online offerings have "doubled" over the past year and there are plans to expand that assortment by the holidays, said the company.
J.C. Penney Company, Inc. Finally, CIBC restated a market perform rating on shares of J.C. Penney Company, Inc.
NGT bans dumping of waste within 500 metres of river Ganga
In its order, the NGT also observed that nearly Rs 7,304 crore have been spent within the stretch, but it has all gone in vain. It directed the UP and Uttarakhand governments to formulate guidelines for religious activities on the ghats during festivals.
Nurses trying to return to work after strike locked out
The MNA said Tufts nurses are the lowest paid nurses in Boston and called their pension benefits "the worst in the city". Under the umbrella of UNA and Indian Nurses Association, nurses launched the protest demanding hike in wages on June 28.
Gran Turismo Sport release date is this October
Gran Turismo revealed the release date via its YouTube channel , along with a new 30-second trailer full of sweet in-game footage.
J. C. Penney Company, Inc is a holding company.
So the company beats the analysts estimate by $0.27/share showing a surprise of 128.6%. If you are reading this piece of content on another website, it was illegally copied and reposted in violation of USA & worldwide copyright legislation. (NYSE:JCP). At the time of writing, the First Call consensus price target for the company is $6.75.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report.
J C Penney Company Inc (NYSE:JCP) traded at a yearly high level of $11.30 during the last trading session.
Now J.C. Penney Company Inc (NYSE:JCP)'s shares owned by insiders are 2.1%, whereas shares owned by institutional owners are 79.9%. The firm has price to earnings growth standing on unstated value, which is a valuation metric for determining relative trade-off among price of a stock.
Department store operator J.C. Penney Co Inc said it was opening toy shops in all its stores and has already doubled its online assortment of toys over the previous year, with plans to expand further by the holiday season. The rating was maintained by Deutsche Bank on Friday, March 11 with "Buy". Credit Suisse Group reissued a "sell" rating and set a $5.00 price target on shares of J.C. Penney Company, Inc.
Session activity on J. C. Penney Company, Inc.(NYSE:JCP) shares bumps the stock on today's most active list. Holding Company was upgraded to "hold" by analysts at Gordon Haskett.
Based on the latest notes released to investors, 3 analysts have issued a rating of "buy", 4 analysts "outperform", 14 analysts "hold", 1 analysts "underperform" and 1 analysts "sell". A rating of 4 or 5 would represent a Sell recommendation.