JC Penney Comp Store Growth Higher Than Expected

Liberty Media – Series C Liberty Formula One (FWONK) Reaches $38.77 After 8.00% Up Move; JC Penney Co (JCP)'s ...

Also, J. C. Penney Company, Inc. Its quick ratio for the most recent quarter is 1.20.

Other large investors have also added to or reduced their stakes in the company. Holding by 11,522.1% in the first quarter. The shares went down by -29.1% in value last month. If J.C. Penney can deliver another quarter of comp sales growth while stabilizing gross margin, investors might finally gain confidence that J.C. Penney's weak 2017 was just an anomaly.

J. C. Penney Company, Inc is a holding company. Also, Director Paul J. Brown acquired 25,000 shares of J.C. Penney Company, Inc. 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 in the last quarter.

Several institutional investors and hedge funds have recently modified their holdings of JCP.

J.C. Penney Company, Inc. Guggenheim initiated J C Penney Company Inc (NYSE:JCP) on Friday, September 30 with "Neutral" rating.

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The Relative Volume of the company is 1.3 and Average Volume (3 months) is 18.92 million. For the past 5 days of trading, the stock has seen a move of -5.64%. JCP now has a profit margin of -0.90%. Earnings surprises can have a huge impact on a company's stock price. The company had revenue of $2.96 billion during the quarter, compared to analysts' expectations of $2.84 billion. This was better than the $0.40 to $0.45 estimate that the company had provided in its guidance update, but worse than its $0.21 per share loss a year earlier.

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's beta value is at 0.48. 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. The mean target price as estimated by the analysts for the company has been recorded at $5.44. BidaskClub upgraded J.C. Penney Company, Inc. Holding in a report on Tuesday, July 4th. Jefferies Group LLC reiterated a "hold" rating and issued a $4.00 price target on shares of J.C. Penney Company, Inc. Thus, at least one part of J.C. Penney's forecast doesn't seem especially conservative. Holding and gave the company a "hold" rating in a report on Friday, August 11th. Rhumbline Advisers raised its position in J.C. Penney Company, Inc. Holding from a "hold" rating to a "sell" rating in a research report on Wednesday, October 11th. The stock now has a consensus rating of Hold and a consensus target price of $11.44.

In other J.C. Penney Company, Inc. At the close of regular trading, its last week's stock price volatility was 17.79% which for the month reaches 36.3%.

Traders might be following the technicals on shares of Vaporbrands International Inc (VAPR). after a recent check, we have noticed that the PPOH level is now below zero. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The disclosure for this purchase can be found here. Most company stocks have very little volatility.

TRADEMARK VIOLATION NOTICE: This piece was posted by TrueBlueTribune and is owned by of TrueBlueTribune. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of U.S. and global copyright and trademark legislation. Vertex One Asset Management Inc. raised its stake in J.C. Penney by 988.9% in the second quarter.

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