Current price level places the company's stock about -36.09% from the 52-week high and 11.75% away from the 52-week low. It has underperformed by 16.70% the S&P500. Access a Zacks stock report on JCP. The shares tumbled as low as $3.90 in premarket trading after the report was released. Over the short term, some market observers may have noticed that It has a 37.88% short float with 15 days to cover. The SI to Constellation Brands Incorporated's float is 2.53%. Quotient Investors Llc acquired 37,900 shares as Penney J C Inc (JCP)'s stock declined 35.14%. 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.
Taking a broader look at the analyst consensus, according to 19 analysts J.C. Penney Company Inc (NYSE:JCP)'s price will reach at $6.77 during 52 weeks.
Another quarter of falling same-store sales from J.C. Penney Co. come a day after similar reports from Macy's, Kohl's and Dillard's, as people increasingly avoid malls and shop online or at discount retailers.
On May 15 the company was rated "Neutral" by Deutsche Bank which is down from the previous "Buy" rating. The stock of J C Penney Company Inc (NYSE:JCP) earned "Buy" rating by Miller Tabak on Monday, May 23. Holding in a research report on Monday, May 15th. State Of Wisconsin Inv Board reported 0.01% of its portfolio in J C Penney Company Inc (NYSE:JCP). The count of Hold ratings in that period was 18. The business is expected to announce its next quarterly earnings results on Friday, August 11th. BMO Capital Markets set a $6.00 target price on J.C. Penney Company, Inc. Oppenheimer Holdings, Inc. restated a hold rating on shares of J.C. Penney Company, Inc.
Marlins will be sold to Derek Jeter's group
That thought reportedly led to the exit earlier this week of another group that included former Florida governor Jeb Bush. That group is reported to include NBA Michael Jordan , whose friendship with Jeter has been well documented.
Holding's Q4 2018 earnings at $0.56 EPS. Its down 0.09, from 1.07 in 2016Q3. Holding Company will post $0.49 EPS for the current fiscal year. 8 funds opened positions while 5 raised stakes. 952,464 are owned by Gagnon Advisors Limited Liability Corp.
Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Bankshares Of Montreal Can stated it has 56,724 shares.
Analysts' mean recommendation for J. C. Penney Company, Inc. Highland Cap Mgmt Limited Partnership invested in 0.2% or 1.62 million shares. First Allied Advisory owns 26,448 shares. 80,000 were accumulated by Hudson Bay Capital L P. Creative Planning reported 0% stake. Franklin Resource Inc holds 128,600 shares. Prudential Pcl has 619,401 shares. First Dallas Secs Incorporated holds 0.91% or 159,125 shares in its portfolio. Brown Brothers Harriman invested in 0% or 254 shares. Its the same as in 2016Q3. (JCPenney), launched on January 22, 2002, is a holding company. Strs Ohio has 3.60 million shares for 0.13% of their portfolio. We reduce our FY 18 projection by $0.08 to $0.47. (NYSE:STZ) for 8,255 shares. The Beta for the company stands at 0.48 and its Average True Range (ATR) shows a value of 0.21. Connecticut-based Conning has invested 0.02% in Constellation Brands, Inc. Raymond James Advsr holds 20,545 shares. (NYSE:JCP) shares have seen a move of -37.91%. The biggest holder now is Mr. Marvin R. Ellison who owns 2,752,280 shares (0.89% of those outstanding), whilst Mr. Allen Questrom holds 1,856,228 (0.60% of shares outstanding) and Myron E. Ullman, III holds 1,273,424 (0.41% of shares outstanding). Holding by 5.6% in the first quarter. Iberiabank Corporation reported 0.25% stake. Therefore 65% are positive. INDUS had 38 analyst reports since August 4, 2015 according to SRatingsIntel. Miller Tabak has "Buy" rating and $13 target. The consensus rating is 2.5, suggesting the market has given up on the stock.
The recent progress in the stock of MaxLinear, Inc. (NYSE:JCP), with 3 analysts believing it is a strong buy. The rating was upgraded by Northcoast to "Buy" on Monday, April 4.