Hot Stock to Watch: JC Penney Company, Inc. (JCP)

The stock's market capitalization is $2.17 billion.

You invest to earn a return on your money, but returns are not the only consideration. The simple logic that a stock's current market price does not justify (is not equivalent to) its higher earnings and therefore has room to run is behind shareholders' inclination toward low P/E stocks. 9,667,064 shares of the company's stock traded hands. Cowen set a $4.00 price objective on J C Penney and gave the company a "hold" rating in a research report on Thursday, November 30th. (NYSE:JCP) gained 0.78 Percent and closed its previous trading session at $3.89. Griffin Asset Mngmt Incorporated reported 169,150 shares. Orca Investment Management LLC increased its stake in shares of J.C. Penney Company, Inc. It has underperformed by 56.70% the S&P500. When we compare its current volume with average for the same time of day, a Relative Volume (usually displayed as ratio) of 0.39 is obtained. The company was upgraded on Thursday, December 10 by Nomura. Its the same as in 2017Q2. The institutional investor owned 496,874 shares of the department store operator's stock after selling 52,853 shares during the period. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Bessemer Incorporated invested in 0% or 500 shares. About 14.43M shares traded. It also reduced Iac Interactivecorp (NASDAQ:IACI) stake by 50,000 shares and now owns 475,000 shares. (JCP)'s value Change from Open was at 1.57% with a Gap of -0.78%. Bnp Paribas Arbitrage stated it has 472,898 shares. About 4.83M shares traded. First Dallas Secs holds 1.3% in J. C. Penney Company, Inc.

Among 40 analysts covering Range Resources Corp.

Among 3 analysts covering Brookfield Business Partners (BBU), 3 have Buy rating, 0 Sell and 0 Hold.

Analyst recommendations as reported on FINVIZ are rated on a 1 to 5 scale. The firm has "Buy" rating given on Friday, July 21 by Bank of America. Moffet Nathanson has "Neutral" rating and $55 target. The 20-day RSI for FIT is 39.99%, which suggests that the stock is not particularly expensive or cheap, and not predisposed to a reactive price movement based on this measure.

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Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.40, from 0.79 in 2017Q2. It has ditched 1.3 million shares. Pub Employees Retirement Sys Of Ohio accumulated 68,365 shares. Hanson Mcclain invested in 0% or 67 shares. Royal Fincl Bank Of Canada owns 134,487 shares or 0% of their U.S. portfolio. National Asset holds 0.01% or 11,750 shares in its portfolio. A stock with a beta between 0.0 and 1.0 has smaller ups and downs. The Average True Range was recorded at 0.21. (NYSE:JCP) have caught the attention of investors. Gabelli Funds Ltd Liability holds 1.44 million shares. Grassi Inv Management holds 27,900 shares or 0.02% of its portfolio. (NYSE:JCP). Of Vermont has 0% invested in J. C. Penney Company, Inc. STATE STREET CORP owned 25.93% of J. C. Penney Company, Inc. (NYSE:JCP)'s ROIC is 0.042581. During the same quarter a year ago, the business earned ($0.21) earnings per share.

The company reported its last earnings Actual EPS of $-0.33/share. California Public Employees Retirement System now owns 1,238,233 shares of the department store operator's stock worth $5,758,000 after acquiring an additional 39,800 shares during the last quarter.

J.C. Penney Company Inc (NYSE:JCP) has an ABR of 3 which is the combined stock view of 16 analysts poll results. Therefore 10% are positive. (NYSE:JCP). Ameritas Inv Prns reported 0% in J. C. Penney Company, Inc. J.C. Penney Company, Inc. (NYSE:JCP) has a Piotroski F-Score of 4. BMO Capital Markets has "Hold" rating and $2.75 target. The stock now has an average rating of "Hold" and a consensus price target of $4.78. The stock has "Hold" rating by Deutsche Bank on Tuesday, August 8. The firm has "Hold" rating by Jefferies given on Friday, October 6. The stock has "Hold" rating by Robert W. Baird on Thursday, August 31. The rating was maintained by Morgan Stanley with "Underweight" on Monday, May 16. Moreover, Vanguard Gru has 0% invested in J. C. Penney Company, Inc. The firm now has a "hold" rating on the department store operator's stock.

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