Markets

The Value of JC Penney Company, Inc. (NYSE:JCP) Underpriced by 32.5%?

The Value of JC Penney Company, Inc. (NYSE:JCP) Underpriced by 32.5%?

At the moment, the average analyst rating for JCP is Hold.

J.C. Penney, though, had extra challenges in restoring sales after a disastrous attempt to reinvent the company under former Apple executive Ron Johnson. Holding from a "buy" rating to a "neutral" rating in a research report on Monday, October 30th.

J.C. Penney delivered some encouraging news in the form of rising comparable-stores Friday, reversing four straight quarters of declines and it posted smaller-than-expected loss for the third quarter. Of the analysts who provided ratings, 11 rated the company a Hold, and 3 rated it a Strong Buy. Finally, BidaskClub cut J.C. Penney Company, Inc. Holding in a research note on Thursday, September 14th. Penney needs a decent holiday quarter. Holding in a report on Wednesday, August 16th.

When it comes to the Analysis of a Stock, Price Target plays a vital role.

Credit Suisse Group AG initiated coverage on shares of J.C. Penney Co.

Shares rose almost 13 percent, or 34 cents, to $3.09 in Friday trading.

Third-quarter same-store sales far exceeded analyst expectations and rose by more than twice what the company itself had forecast just one day before the end of the period. 9,405,130 shares of the stock were exchanged, compared to its average volume of 18,350,000. The company posted an earnings surprise of -80%. The department store operator reported ($0.21) EPS for the quarter, hitting analysts' consensus estimates of ($0.21). The Return on Equity (ROE) value stands at -9.6%. J.C. Penney had a negative net margin of 2.56% and a negative return on equity of 4.66%. During the same quarter a year ago, the firm posted ($0.05) earnings per share. If you are viewing this piece of content on another website, it was stolen and republished in violation of global copyright and trademark laws. At the time of writing, the 14-day ADX for Multicell Techs Inc (MCET) is noted at 24.43. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Data source: J.C. Penney Q3 earnings report. Holding stock in a transaction dated Monday, August 21st.

Tracking other technical indicators, the 14-day RSI is presently standing at 39.80, the 7-day sits at 30.44, and the 3-day is resting at 12.42 for Vaporbrands International Inc (VAPR).

This particular stock's 5-day moving average is 2.47, its 20-day moving average is 3.14 and its 100-day moving average is 4.11. The disclosure for this purchase can be found here. For the past 5 days of trading, the stock has seen a move of -5.64%. Corporate insiders own 1.02% of the company's stock.

A good method of evaluating a public company's profitability is by taking a look at its Earnings per Share (EPS) performance. Holding by 10.6% in the second quarter. The shares were acquired at an average cost of $3.64 per share, with a total value of $491,891.40. SG Americas Securities LLC grew its position in shares of J.C. Penney Company, Inc. Holding by 33.6% in the first quarter. Moreover, Orca Investment Management Llc has 1.2% invested in the company for 276,464 shares. Hedge funds and other institutional investors own 71.99% of the company's stock.


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