JC Penney Company, Inc. Holding Company (JCP) Updates FY18 Earnings Guidance

Liberty Media – Series C Liberty Formula One (FWONK) Reaches $38.77 After 8.00% Up Move; JC Penney Co (JCP)'s ...

Robert W. Baird set a $3.00 target price on shares of J.C. Penney Company, Inc.

JCP has been the topic of a number of analyst reports. Now it is offering a dividend yield of 0.00% and a 5 year dividend growth rate of 0.00%. Finally, Guggenheim started coverage on shares of J.C. Penney in a report on Friday, September 30th.

In terms of Buy, Sell or Hold recommendations, J.C. Penney Company Inc (NYSE:JCP) has analysts' mean recommendation of 3.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

Japan's Nikkei index saw a wild 2 percent swing after hitting its highest since 1992 and Europe's main indexes were firmly in the red as tech and commodity stocks tumbled and as Brexit talks resumed amid low expectations in Brussels. For the current year the company's revenue estimates are $1.04 Billion compared to low analyst estimates of $1.03 Billion and high estimates of $1.05 Billion according to the prediction of 11 analysts.

After a recent look, shares have been seen -43.87% from the 200-day moving average, and -22.94% from the 50-day moving average. Many traders will use a combination of moving averages with different time frames to help review stock trend direction. (NYSE:JCP) are scrambling higher in today's trading session.

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.

FILE - This Monday, Aug. 19, 2013, file photo shows a J.C. Penney store in Pembroke Pines, Fla. Net sales fell 1.7 percent to $2.81 billion in the fiscal third quarter, beating analysts' estimates of $2.77 billion. A year ago, they were at $8.36.

Wall Street analysts are predicting that Lumber Liquidators Holdings Inc (NYSE:LL) will report earnings per share of $0.02 in their quarterly report. The stock was bought at an average cost of $3.62 per share, with a total value of $90,500.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.02% of the company's stock.

Large investors have recently added to or reduced their stakes in the stock.

However, on Friday, J.C. Penney reported that its third-quarter results weren't quite as bad as its recent guidance update had suggested. Meanwhile the stock weekly performance was subdued at -4.04%, which was down for the month at -14.19%. Vertex One Asset Management Inc. raised its stake in J.C. Penney by 988.9% in the second quarter. Vanguard Group Inc. now owns 23,858,033 shares of the department store operator's stock valued at $146,966,000 after purchasing an additional 1,270,459 shares during the last quarter.

While looking at the Stock's Performance, J. C. Penney Company, Inc. now shows a Weekly Performance of 7.84%, where Monthly Performance is -20.98%, Quarterly performance is -30.03%, 6 Months performance is -39.56% and yearly performance percentage is -67.11%. During the same period in the previous year, the company posted ($0.21) earnings per share. Pinebridge Investments L.P. purchased a new stake in J.C. Penney Company, Inc.

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