J.C. Penney Company, Inc. Holding Company s in-depth stock price analysis indicates that the stock price has dropped -24.6% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -27.81% . Looking at the past 52 week period, the stock price is up at 2.15% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of J.C. Penney Company, Inc. Holding Company has a negative value of -24.86 compared to overall market performance. J.C. Penney Company, Inc. Holding Company (NYSE:JCP) has climbed 6.73% in the past week and advanced 5.62% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.87% and the outperformance has advanced to 3.73% for the last 4 weeks period.
J.C. Penney Company, Inc. Holding Company (NYSE:JCP) : On Friday heightened volatility was witnessed in J.C. Penney Company, Inc. Holding Company (NYSE:JCP) which led to swings in the share price. The stock opened for trading at $7.23 and hit $7.395 on the upside , eventually ending the session at $7.14, with a gain of 0.99% or 0.07 points. The heightened volatility saw the trading volume jump to 20,400,674 shares. The 52-week high of the share price is $11.99 and the company has a market cap of $2,201 million. The 52-week low of the share price is at $6.35 .
J C Penney Company Inc Last issued its quarterly earnings results on Nov 11, 2016. The company reported $-0.21 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $-0.20. The company had revenue of $2857.00 million for the quarter, compared to analysts expectations of $2949.78 million. The companys revenue was down -1.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.45 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.J C Penney Company Inc was Initiated by Susquehanna on Feb 10, 2017 to Positive, Price Target of the shares are set at $8.50.J C Penney Company Inc was Downgraded by Credit Suisse to Underperform on Jan 18, 2017. J C Penney Company Inc was Reiterated by Telsey Advisory Group on Jan 9, 2017 to Outperform, Lowers Price Target to $ 11 from a previous price target of $13 .J C Penney Company Inc was Upgraded by BofA/Merrill to Buy on Dec 2, 2016.
Company has reported several Insider transactions to the SEC, on Nov 21, 2016, John Joseph Iii Tighe (EVP, Chief Merchant) sold 38,756 shares at 9.33 per share price.On Aug 25, 2016, Marvin R Ellison (CEO) purchased 50,000 shares at 9.92 per share price.On May 17, 2016, Ronald W Tysoe (director) purchased 25,000 shares at 7.24 per share price.
JCPenney is one of Americas leading retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp.com, and the nations largest general merchandise catalog business. Through these integrated channels, JCPenney offers a wide array of national, private and exclusive brands.