Analyst Ratings for J.C. Penney Co. Inc. (JCP)Updated: 2017-07-27
Shares of J.C. Penney Co. Inc. (NYSE:JCP) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, JCP was issued an average rating of Hold.
A buy rating was issued by 5 analysts, 1 issued an overweight rating, 15 gave a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Today, there are 4 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
JCP was given price targets by several analysts. The most optimistic analyst gave a price target of 15, implying potential capital gains of 178.81 percent. The most pessimistic analyst gave a price target of 4, implying potential capital losses of -25.65 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 16.67 percent. The average change in earnings estimates over the last 90 days is -163.89 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.19 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.13 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
JCP has a 52-week high of 11.30 and a 52-week low of 4.17. Today's price is 29.02 percent above the 52-week low, and 52.39 percent lower than its 52-week high. JCP has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The JCP value stock report compares JCP to some of its peers using value stock charts. The market cap of JCP is $1.64 billion. JCP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.