Media headlines about J.C. Penney Company, Inc. Holding (NYSE:JCP) have trended somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. J.C. Penney Company, Inc. Holding earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the department store operator an impact score of 47.72609734766 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Reviewing J.C. Penney Company, Inc. Holding (JCP) and Roundy's (RNDY) (americanbankingnews.com)
- J.C. Penney: A Margin Expansion Story In Progress (seekingalpha.com)
- Why I’m Not Buying Into J C Penney Company Inc Stock’s Turnaround Yet (finance.yahoo.com)
- GS Mortgage Securities Trust 2014-GC18 — Moody’s Affirms Ten Classes of GSMS 2014-GC18 (finance.yahoo.com)
- Why Investors remained buoyant on: JC Penney Company, Inc., (NYSE: JCP), Jumei International Holding Limited … – Stocks In The News (press release) (tradingnewsnow.com)
A number of equities research analysts have recently weighed in on JCP shares. BidaskClub upgraded J.C. Penney Company, Inc. Holding from a “hold” rating to a “buy” rating in a research report on Tuesday, August 1st. Jefferies Group LLC reiterated a “hold” rating and issued a $5.00 price objective on shares of J.C. Penney Company, Inc. Holding in a research report on Thursday, August 3rd. Zacks Investment Research upgraded J.C. Penney Company, Inc. Holding from a “hold” rating to a “buy” rating and set a $6.00 price objective on the stock in a research report on Friday, August 4th. Deutsche Bank AG lifted their price objective on J.C. Penney Company, Inc. Holding from $5.50 to $6.50 and gave the stock a “hold” rating in a research report on Tuesday, August 8th. Finally, Credit Suisse Group lowered J.C. Penney Company, Inc. Holding to a “sell” rating in a research report on Thursday, August 10th. Two investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $5.03.
J.C. Penney Company, Inc. Holding (NYSE JCP) opened at $3.24 on Thursday. J.C. Penney Company, Inc. Holding has a one year low of $2.35 and a one year high of $10.74. The company has a quick ratio of 0.16, a current ratio of 1.44 and a debt-to-equity ratio of 3.95. The firm has a market capitalization of $1,010.00, a price-to-earnings ratio of 11.89, a PEG ratio of 2.74 and a beta of 0.53.
J.C. Penney Company, Inc. Holding (NYSE:JCP) last posted its quarterly earnings results on Friday, November 10th. The department store operator reported ($0.33) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.43) by $0.10. J.C. Penney Company, Inc. Holding had a positive return on equity of 7.60% and a negative net margin of 1.43%. The firm had revenue of $2.81 billion during the quarter, compared to analysts’ expectations of $2.77 billion. During the same quarter in the previous year, the business earned ($0.21) earnings per share. The company’s revenue was down 1.8% on a year-over-year basis. research analysts expect that J.C. Penney Company, Inc. Holding will post 0.08 EPS for the current fiscal year.
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J.C. Penney Company, Inc. Holding Company Profile
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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