JC Penney Company Inc (JCP) Investment Decreased by Dimensional Fund Advisors Lp

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Are Investors Buying or Selling JC Penney Company, Inc. (JCP), and What Should You Do?

The target implies a 12.23% spike from where the shares are now trading. The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.77 billion.

Having a peek at growth estimates of the company, J.C. Penney Company Inc (NYSE:JCP) has current quarter growth estimates of -23.4% however it has -350% estimations over growth for the next quarter. Holding from a sell rating to a hold rating in a research note on Monday.

Ratings analysis reveals 50% of J. C. Penney's analysts are positive.

Hodges Capital Management Inc. holds 2.21% of its portfolio in J C Penney Company Inc for 8.01 million shares.

In other J.C. Penney Company, Inc. Holding and gave the stock a hold rating in a research report on Friday, August 11th.

In other J.C. Penney Company, Inc. Holding and gave the company a hold rating in a research report on Sunday, October 29th. After $-0.33 actual earnings per share reported by J C Penney Company Inc for the previous quarter, Wall Street now forecasts -254.55% EPS growth. Boston Scientific Corporation has 10 buy ratings, 6 holds and 0 sells even after the stock tumbled -4.94% from its high of $ 29.93 to a $39.38 billion market value through last close.

Analysts believe that the company has the potential to earn average revenue of $3.96 Billion for the current quarter. J.C. Penney Company Inc (NYSE:JCP) has a market cap of $916.86 Million and the number of outstanding shares have been calculated 310.8 Million. Holding (JCP) traded up $0.04 on Tuesday, hitting $2.99.

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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 company has a current ratio of 1.44, a quick ratio of 0.16 and a debt-to-equity ratio of 3.95. Creative Planning increased its position in J.C. Penney by 7.5% in the second quarter. Holding has a 12-month low of $2.35 and a 12-month high of $10.74.

A smart way of assessing a company's profitability is by checking out its latest Earnings per Share (EPS). Holding had a positive return on equity of 7.60% and a negative net margin of 1.43%.

Investors are feeling more bearish on shares of J.C. Penney Company Inc recently as implied by the motion in short interest.

The company's stock is now moving with a -ve distance from the 200 day SMA of approximately -39.78%, and has a solid year to date (YTD) performance of -64.5% which means that the stock is constantly adding to its value from the previous fiscal year end price.

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JCP has been the topic of several recent analyst reports. GA ADV increased its position in J.C. Penney by 2.8% in the second quarter. Holding news, Director Javier G. Teruel purchased 135,135 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The stock was acquired at an average price of $3.62 per share, with a total value of $90,500.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock has "Hold" rating by Deutsche Bank on Monday, August 17. The value of the position overall is up by 2,774.3%. Also, Chairman Marvin R. Ellison purchased 100,000 shares of J.C. Penney Company, Inc. After a recent check, it is observed that the insiders for the firm now own 1.90% shares. Amalgamated Bank claims 41,702 shares worth $159,000. Thrivent Financial For Lutherans now owns 58,490 shares of the department store operator's stock worth $360,000 after purchasing an additional 6,090 shares during the period.

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