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

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

14 November 2017

JCP has been the subject of a number of other research reports. The shares price go down so far this year; showing a decline of -61.85% and added with positive flow of 33.76% during recent week. Of the analysts who provided ratings, 12 rated the company a Hold, and 2 rated it a Strong Buy. Goldman Sachs initiated the shares of LW in report on Wednesday, February 8 with "Neutral" rating.

COPYRIGHT VIOLATION NOTICE: "BMO Capital Markets Analysts Give J.C. Penney Company, Inc". Holding in a research report on Monday, August 14th. BidaskClub upgraded J.C. Penney Company, Inc. Holding from a "neutral" rating to a "sell" rating and lowered their price objective for the company from $4.00 to $3.00 in a report on Monday, October 30th. Tudor Investment Corp ET AL raised its position in J.C. Penney Company, Inc. Holding in a report on Wednesday, August 16th. The average twelve-month price objective among brokers that have issued a report on the stock in the previous year is $11.46. As of the end of the quarter American International Group Inc had acquired 13,477 shares growing its holdings by 5.8%. Lamb Weston Holdings Inc (NYSE:LW) has 0.00% since November 13, 2016 and is. Considering that the stock daily volume of 54.32 million shares, this represents a pretty noteworthy trading in volume size. Total debt to equity ratio of the company for most recent quarter is 3.72 whereas long term debt to equity ratio for most recent quarter is 3.51.

The most current P/E ratio is N/A and market cap is 1.01B.

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Wall Street analysts are predicting that J.C. Penney Company Inc (NYSE:JCP) will report earnings per share of $0.49 in their quarterly report. As of the last earnings report the EPS was $-0.41 with 310.74M shares now outstanding. The company had revenue of $2.81 billion during the quarter, compared to analysts' expectations of $2.77 billion.

While having a peek at profitability ratios J.C. Penney Company Inc (NYSE:JCP) has trailing twelve month gross margin at 35.2%, its trailing twelve month operating margin stands at 1.7% whereas its trailing twelve month net profit margin spots at -0.9%. The firm's revenue was down 1.8% on a year-over-year basis. Holding will post 0.06 earnings per share for the current fiscal year.

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J. C. Penney Company, Inc.

Hodges Capital Management Inc. holds 2.21% of its portfolio in J C Penney Company Inc for 8.01 million shares. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul J. Brown acquired 25,000 shares of the stock in a transaction dated Monday, August 21st. The stock was acquired at an average cost of $3.62 per share, with a total value of $90,500.00. Following the completion of the transaction, the director now owns 518,970 shares in the company, valued at approximately $1,889,050.80. 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. Hedge funds and other institutional investors own 86.53% of the company's stock. GA ADV increased its position in J.C. Penney by 2.8% in the second quarter. Holding by 33.6% during the 1st quarter. BlackRock Inc. now owns 24,704,238 shares of the department store operator's stock worth $152,179,000 after purchasing an additional 24,491,676 shares during the last quarter. Tudor Investment Corp ET AL now owns 22,900 shares of the department store operator's stock worth $141,000 after acquiring an additional 2,600 shares during the period. Holding by 3.1% during the 2nd quarter. IL lifted its position in J.C. Penney Company, Inc. Holding by 5.6% during the 1st quarter. Zacks Investment Research downgraded shares of J.C. Penney Company, Inc. Holding by 13.9% in the second quarter. Finally, Citigroup Inc. downgraded shares of J.C. Penney Company, Inc. Holding by 93.9% during the 2nd quarter.

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