Headlines about J.C. Penney Company, Inc. Holding Company (NYSE:JCP) have been trending somewhat positive this week, Alpha One Sentiment Analysis reports. The research group, a service of Accern, identifies negative and positive news coverage by analyzing more than twenty million blog and news sources in real time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. J.C. Penney Company, Inc. Holding Company earned a coverage optimism score of 0.01 on Alpha One’s scale. Alpha One also assigned headlines about the department store operator an impact score of 18 out of 100, meaning that recent news coverage is very unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Alpha One Sentiment’s analysis:
- Stock Rating Update on the Shares of JC Penney Company Inc (JCP) (upbeacon.net)
- Revenue Growth Analysis of JC Penney Company, Inc. (JCP) (campdesrecrues.com)
- Target (TGT) Market Value Declined While Transamerica Financial Advisors Upped Its Stake; Rosenblum Silverman … – BZ Weekly (bzweekly.com)
- This Is How the Ongoing Death of Sears Could Force J.C. Penney Into a Drastic Decision (finance.yahoo.com)
- 6 Consumer Stocks Not Getting Killed By the Amazon-Whole Foods Deal (finance.yahoo.com)
JCP has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of J.C. Penney Company, Inc. Holding Company from a “sell” rating to a “hold” rating in a report on Wednesday, February 22nd. Robert W. Baird reiterated an “outperform” rating and set a $11.00 price objective on shares of J.C. Penney Company, Inc. Holding Company in a report on Wednesday, February 22nd. Piper Jaffray Companies initiated coverage on shares of J.C. Penney Company, Inc. Holding Company in a report on Friday, February 17th. They set a “neutral” rating and a $8.00 price objective for the company. Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of J.C. Penney Company, Inc. Holding Company in a report on Tuesday, February 28th. Finally, Susquehanna Bancshares Inc reiterated a “positive” rating on shares of J.C. Penney Company, Inc. Holding Company in a report on Tuesday, February 28th. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. J.C. Penney Company, Inc. Holding Company presently has a consensus rating of “Hold” and an average price target of $7.10.
Shares of J.C. Penney Company, Inc. Holding Company (NYSE JCP) traded up 3.72% during mid-day trading on Friday, reaching $5.02. 16,580,279 shares of the company’s stock traded hands. J.C. Penney Company, Inc. Holding Company has a 12-month low of $4.17 and a 12-month high of $11.30. The firm’s 50 day moving average price is $4.93 and its 200-day moving average price is $6.52. The stock’s market cap is $1.56 billion.
J.C. Penney Company, Inc. Holding Company (NYSE:JCP) last issued its quarterly earnings data on Friday, May 12th. The department store operator reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.21) by $0.27. J.C. Penney Company, Inc. Holding Company had a negative net margin of 0.89% and a positive return on equity of 11.44%. The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.78 billion. During the same quarter in the prior year, the business earned ($0.22) EPS. The business’s quarterly revenue was down 3.7% on a year-over-year basis. Equities research analysts forecast that J.C. Penney Company, Inc. Holding Company will post $0.47 earnings per share for the current year.
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About J.C. Penney Company, Inc. Holding Company
J. C. Penney Company, Inc is a holding company. The Company’s business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website.
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