J.C. Penney's Stock Gets Crushed Because Women Still Aren't Buying Clothes

Customers ride the escalator at a J.C. Penney store in New York

The company reported its EPS on 11/11/2016.

For the quarter, the forecasted EPS stands at $0.64 for J C Penney Company Inc (NYSE:JCP). The Corporation has a Mean Rating of 2.39 based on the Reuters Analysts consensus issuing ratings. Holding Company had its "outperform" rating reiterated by analysts at Robert W. Baird. Beta factor, which measures the riskiness of the security, was registered at 0.80. Earnings, with 20 analysts believing the company would generate an Average Estimate of $0.64.

FT reports, The 32 analysts offering 12 month price targets for Bank of America Corp have a median target of 23.50, with a high estimate of 27.00 and a low estimate of 14.50. Finally, US Bancorp DE increased its stake in shares of J.C. Penney by 0.6% in the second quarter. This estimate is provided by 19 analysts. Revenue for the same quarter is predicted to arrive at $4.1B. The company's previous year sales total was 4 Billion.

During the last trading period, the peak price level of the share was $8.15; it means it is top price of day and down price level of the share was $7.78; it means minimum price of the day at which price share traded. For the next 5 years, J. C. Penney Company, Inc.is expecting Growth of -28% per annum, whereas in the past 5 years the growth was 9.37% per annum. EPS growth in past five years was -25.00%. Here, 1 indicates a Strong Buy and 5 indicates a Strong Sell.

Insider Trades for J. C. Penney Company, Inc. show that the latest trade was made on 9 Dec 2016 where Risch (Therace), the Chief Technology Officer completed a transaction type "Sell" in which 6399 shares were traded at a price of $10.21. TCW Group Inc. now owns 15,851,908 shares of the department store operator's stock worth $140,765,000 after buying an additional 1,511,885 shares during the last quarter. By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. They set a "neutral" rating and a $7.00 target price for the company. The Company has 52-week high of $11.99 and 52-week low of $6. It maintained return on assets (ROA) for the last twelve months at -6.00%. J.C. Penney had a negative net margin of 2.56% and a negative return on equity of 4.66%. Taking a look into the performance of JCP stock, investor will come to know that the weekly performance for this stock is valued at -0.70%, resulting in a performance for the month at -13.66%. The stock is a Buy among 8 brokerage firms polled by Factset Research.



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