Wall Street experts also assign a $3.72 price target on J. C. Penney Company, Inc., pointing towards a 48.21% rally from current levels.
On the other hand Lumber Liquidators Holdings Inc (NYSE:LL) has Relative Strength Index (RSI 14) of 22.33 along with Average True Range (ATR 14) of 1.56. Its minimum price target estimates has been figured out at $18 while the maximum price target forecast is established at $43.
Since the start of the New Year, J. C. Penney Company, Inc. The stock has a market cap of $779.96, a price-to-earnings ratio of 5.93 and a beta of 0.53. Bank of America Corp. upgraded shares of J.C. Penney from a neutral rating to a buy rating and boosted their price objective for the stock from $9.53 to $12.00 in a report on Friday. Furthermore on 10/30/17 Northcoast Research "Downgrades" the stock to Neutral at $0. Holding's quarterly revenue was down 1.8% on a year-over-year basis. analysts predict that J.C. Penney Company, Inc. The company has a debt-to-equity ratio of 3.51, a current ratio of 1.45 and a quick ratio of 0.24. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.
Inventory at the end of the third quarter 2017 was $3.37 billion, a decrease of 8.8 percent compared to the end of the third quarter previous year, and down 5.7 percent on a comp store basis. The company reported the earnings of $-0.09/Share in the last quarter where the estimated EPS by analysts was $-0.05/share.
Russian Federation says it plans to retaliate against USA owned media in Moscow
The decision came in the wake of investigations into Kremlin attempts to interfere in the 2016 US presidential election. A Justice Department spokesman declined to comment to The Post on Thursday.
Northcoast Research cut shares of J.C. Penney Company, Inc. The company posted an earnings surprise of -80%.
Ellison, chairman and chief executive officer said, "During the third quarter, we took aggressive actions to clear slow-moving inventory, primarily allowing for an improved apparel assortment heading in to the Holiday season". The company had revenue of $2.96 billion during the quarter, compared to analysts' expectations of $2.84 billion. These analysts have also projected a Low Estimate of $-0.31/share and a High Estimate of $-0.1/share. Zacks Investment Research lowered shares of J.C. Penney from a strong-buy rating to a hold rating in a report on Monday, October 17th. (NYSE:JCP) stock. Over the past few months, insider ownership has seen a move of 5.13% while institutional ownership has changed -0.11%. (JCP) will report its next earnings on Nov 10 BMO. However, it is still down by about 70% from its 52-week high, reached last December.
J.C. Penney Company Inc (NYSE:JCP)'s trailing twelve month revenues are $12.49 Billion, whereas its price to sales ratio for the same period is 0.07.
The company lost $0.33 per share, considerably less than the $0.40 to 0.45 it had anticipated as net sales dropped 2% to $2.81bn, which was also ahead of analysts' forecasts for $2.77bn. Ameriprise Financial Inc. now owns 1,629,688 shares of the department store operator's stock valued at $7,577,000 after purchasing an additional 789,312 shares during the last quarter.
- Vikings could place Sam Bradford on Injured Reserve
- The Milwaukee Bucks Just Added Eric Bledsoe
- New "Star Wars" trilogy, TV series in works
- Louis CK Exposed - FIVE Women Come Forward With Accusations Of Sexual Misconduct!
- GOP Senate campaign arm abandons Roy Moore following sexual allegations
- Kevin Spacey Removed from All the Money in the World
- US Becomes Lone Global Outsider On Paris Climate Agreement
- Sheep trained to recognize Jake Gyllenhaal, for science
- Three Chinese students injured in French vehicle attack
- Hope Solo claims disgraced ex-FIFA head Sepp Blatter sexually assaulted her