Price Target Analysis JC Penney Company, Inc. (JCP)

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Several brokerages have recently issued reports on JCP. The department store operator reported $0.57 EPS for the quarter, topping the consensus estimate of $0.47 by $0.10.

Measuring its EPS growth this year at 187%. The company has experienced volume of 26,474,787 shares while on average the company has a capacity of trading 16.67M share. An RSI approaching 70 is typically deemed to be nearing overbought status and could be ripe for a pullback. The valid range indicator is the greatest of the following: current high less the current low, the absolute value of the current topless the previous close and the total cost of the current small less the past end. J.C. Penney Company Inc (NYSE:JCP)'s price sits -9.57% off from its SMA 50 of $3.05 and -20.33% away from the SMA 200 which is at $3.32. (JCP) recently closed with fall of -5.31% to its 20-Day Simple Moving Average.

Now let's examine some potential support and resistance levels for this particular stock.

What do you mean by simple moving average (SMA)? (NYSE:JCP)'s Williams Percent Range or 14 day Williams %R now sits at -58. RSI oscillates between zero and 100. The stochastic is a momentum indicator comparing the closing price of a security to the range of its prices over a fix period of time. Year to Date (YTD) performance of J. C. Penney Company, Inc. (NYSE:JCP) for 727,000 shares. The beta value of JCP stands at 0.70. Shorter or longer timeframes used for alternately shorter or longer outlooks. Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Commodities are normally more volatile than stocks. During the same period in the prior year, the firm posted $0.64 earnings per share. research analysts forecast that J C Penney will post 0.15 EPS for the current fiscal year. (NYSE:JCP) is presently 3. Piper Jaffray has "Hold" rating and $4.0 target. The firm has "Neutral" rating given on Monday, May 15 by Buckingham Research. A score of 1 would represent a Buy recommendation, and a score of 5 would indicate a Sell recommendation. Four equities research analysts have rated the stock with a sell rating and eighteen have assigned a hold rating to the company.

Taking a look at some target price information, we note that shares of J. C. Penney Company, Inc. (JCP) stock is now showing positive return of 0.72% throughout last week and witnessed declining return of -9.65% in one month period. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.5. The ATR is fairly simple to calculate and only needs historical price data. This means that analysts are more bullish on the outlook for JCP stocks. A thorough research report will generally give detailed reasoning for a certain target projection. On the other side it is not a negative indicator for Investor portfolio value - when the price of a stock Investor owns moves down in value. The titles are as follows: "JC Penney Company, Report First Quarter Financial Results on May 17, 2018 at 7:30 am ET" posted on May 10, 2018, "Tiger Global's 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more...)" on May 15, 2018, "Einhorn's Greenlight Capital Enters Office Depot (ODP), Abercrombie & Fitch (ANF) (more...) - 13F" with a publish date: May 15, 2018, "JC Penney Has an Underappreciated Opportunity: Toys" and the last "JC Penney: How The Tide Can Change" with publication date: May 10, 2018. The stock increased 5.64% or $0.61 during the last trading session, reaching $11.42.

Consequently Nabors Industries (NYSE:NBR)'s weekly and monthly volatility is 5.51%, 4.26% respectively. The 52-week high is now sitting at $5.56, and the 52-week low is $2.37. A high P/E suggests that investors are expecting higher earnings growth in the future compared to companies with a lower P/E. Schwab Charles Investment Management Inc. now owns 4,047,334 shares of the department store operator's stock worth $12,790,000 after buying an additional 540,236 shares during the last quarter. Since the beginning of the calendar year, we can see that shares have changed -7.91%.