Here's everything you need to know about JC Penney's earnings

Stock to Keep Your Eyes on: JC Penney Company Inc (JCP)

Stock to Keep Your Eyes on: JC Penney Company Inc (JCP)

ILLEGAL ACTIVITY NOTICE: "J.C. Penney Company, Inc". The stock had a trading volume of 14,691,319 shares.

The company is trading down by -4.18 percent from yesterday's close. Oppenheimer Holdings, Inc. reissued a "hold" rating on shares of J.C. Penney Company, Inc. It has underperformed by 56.70% the S&P500. J C Penney Company Inc (JCP) has $1.67 billion valuation. It now has negative earnings. On September 30 analysts at Guggenheim Securities initiated coverage setting a rating of "Neutral". Holding in a research report on Wednesday, May 17th.

The recent progress in the stock of MaxLinear, Inc. The firm earned "Outperform" rating on Monday, January 9 by Telsey Advisory Group. J C Penney's best-performing divisions were Home, Fine Jewelry, Footwear and Handbags, Sephora, and Salon. The number of shares now owned by investors are 128.19 mln.

The company tried to put a fearless face on it with CEO Marvin Ellison touting "significant acceleration" in its kids' apparel and a purportedly strong start to back-to-school, but investors were having none of it, concerned by Penney's ability to get any leverage from its manifold efforts to revive the once iconic chain's fortunes. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -0.44%. About 22.55 million shares traded or 72.27% up from the average. Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) has 0.00% since August 9, 2016 and is. Meadow Creek Investment Management LLC increased its stake in shares of J.C. Penney Company, Inc. After this purchase, 68,469 common shares of JCP are directly owned by the insider, with total stake valued at $322,489. Lululemon Athletica Inc (NASDAQ:LULU) was raised too.

In terms of Buy, Sell or Hold recommendations, J.C. Penney Company Inc (NYSE:JCP) has analysts' mean recommendation of 2.7. Therefore 23% are positive.

Taking a broader look brokerage firms' analysts on the street with an expectant view have J.C. Penney Company Inc (NYSE:JCP) high price target of $15 and with a conservative view have low price target of $4. (JCP) shares plunged in premarket trading on Friday, Aug. 11, after the department store reported earnings far short of expectations. BidaskClub upgraded J.C. Penney Company, Inc. Holding in a research note on Thursday, April 6th. SELL rating has been given by 0 analyst (s) and 7 analyst (s) given BUY rating to the stock. Furthermore on 5/15/17 Baird "Downgrades" the stock to Neutral at $0.

J.C. Penney is set to report second-quarter earnings before the bell on Friday.

In the latest earnings report the EPS was $-0.36 and is estimated to be $0.49 for the current year with 309,996,000 shares now outstanding.

Investors sentiment decreased to 1.63 in Q4 2016. Its down 0.09, from 1.07 in 2016Q3. Holding (NYSE JCP) opened at 5.16 on Monday. Sold All: 50 Reduced: 97 Increased: 87 New Position: 57. The investment professionals in our partner's database now possess: 247.74 million shares, down from 262.69 million shares in 2016Q3.

On the other hand the company has Relative Strength Index (RSI 14) of 37.06 along with Average True Range (ATR 14) of 0.23, Consequently J.C. Penney Company Inc (NYSE:JCP)'s weekly and monthly volatility is 5.35%, 4.41% respectively. The insider now directly owns 2,507,317 shares worth $11,809,463. Nomura Asset Mgmt accumulated 12,100 shares. Whittier Trust owns 4,342 shares. Northcoast Research analyst K. Szafraniec now anticipates that the department store operator will post earnings per share of $0.02 for the quarter, down from their previous forecast of $0.04. Armistice Capital Llc, a New York-based fund reported 700,000 shares.#img1#. Fifth Third Fincl Bank reported 0% stake. Whereas 11 of them predict the stock is a hold. 47,331 are held by Amalgamated Commercial Bank. Concert Wealth Management Inc invested in 0.06% or 33,910 shares.

212,562 are owned by Blackrock Incorporated.

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