Penney Company, Inc. (NYSE:JCP) Underpriced by 12.7%

"Holding Company (JCP) a $3.00 Price Target" was originally published by Week Herald and is owned by of Week Herald.

JCP has been the topic of a number of recent research reports. It dropped, as 73 investors sold J C Penney Company Inc shares while 70 reduced holdings. Holding and gave the company a "hold" rating in a report on Friday, August 11th. Pomelo Lc invested 0.53% of its portfolio in J C Penney Company Inc (NYSE:JCP). Holding and gave the company a "hold" rating in a report on Monday, October 30th.

BMO Capital Markets set a $3.00 price objective on J.C. Penney Company, Inc. As per Wednesday, July 22, the company rating was upgraded by Buckingham Research. Three investment analysts have rated the stock with a sell rating, twenty have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of "Hold" and an average price target of $5.03.

J. C. Penney Company, Inc is a holding company. Holding will post 0.06 EPS for the current year. 54,370,100 shares of the company's stock traded hands, compared to its average volume of 19,264,994.

Price to Sale ratio of the company stands at 0.08 while Price to Book Ratio stands at 0.85.

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Among 4 analysts covering Lamb Weston (NYSE:LW), 2 have Buy rating, 0 Sell and 2 Hold.

Beta is also an important valuation ratio for analyzing the stock of the company, JCP has Beta of 0.44 while its industry and Sector's beta remains at 0.88 and 1.27 respectively. (NYSE:JCP) reported its EPS in the last quarter as $-0.33/Share beating the analyst estimate of $-0.43/Share by a difference of $0.1. After $-0.33 actual earnings per share reported by J C Penney Company Inc for the previous quarter, Wall Street now forecasts -254.55% EPS growth. The company had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.77 billion. Holding had a positive return on equity of 7.60% and a negative net margin of 1.43%. The firm's revenue was down 1.8% compared to the same quarter past year. The value of the investment in J.C. Penney Company Inc increased from $11,000 to $67,000 increasing 509.1% quarter over quarter. JCP's profit will be $158.98 million for 1.59 P/E if the $0.51 EPS becomes a reality.

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J. C. Penney Company, Inc. $6.25's average target is 97.16% above currents $3.17 stock price. Creative Planning now owns 34,051 shares of the department store operator's stock valued at $302,000 after buying an additional 2,389 shares during the period. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Morgan Stanley maintained the shares of JCP in report on Tuesday, August 18 with "Underweight" rating. Following the completion of the transaction, the director now directly owns 68,123 shares of the company's stock, valued at approximately $246,605.26. The disclosure for this purchase can be found here. Company insiders own 1.02% of the company's stock. As of the end of the quarter Wells Fargo & Company/mn had bought 15,094 shares growing its position 616.1%. As of the end of the quarter Teachers Retirement System Of THE State Of Kentucky had acquired 35,100 shares growing its holdings by 39.8%. Shikiar Asset Management Inc. now owns 52,700 shares of the department store operator's stock valued at $468,000 after buying an additional 2,200 shares during the period. Melvin Capital Mgmt Ltd Partnership holds 3.65M shares. Tudor Investment Corp ET AL lifted its position in J.C. Penney Company, Inc. Holding by 5.6% during the 1st quarter. Zacks Investment Research upgraded J.C. Penney Company, Inc. Holding by 3.0% during the first quarter. Finally, IBM Retirement Fund increased its position in J.C. Penney by 1.5% in the second quarter. Holding during the 2nd quarter worth about $190,000.

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