Analyst Research

Analysts Outlook and Insider Trading Summary: J C Penney Company Inc (NYSE:JCP)

J C Penney Company Inc (NYSE:JCP) exchanged hands 11,230,400 shares versus average trading capacity of 14.56M shares, while its relative trading volume is 0.77. J C Penney Company Inc (NYSE:JCP)’s total market worth is $2.89B along with 307.73M outstanding shares.

Insiders has most recently took part in a trading activity, Ellison Marvin R, Chairman and CEO of the company in a transaction that occurred 11/17/2016 sold 288,912 shares of the stock. The stock was sold at a price of $9.43, for a total value of $2,724,440. Subsequent to the transaction Ellison Marvin R owned a total of 2,268,405 shares of the stock.

In a separate transaction on 8/7/2016, Amend Michael, EVP, Omnichannel sold 21,966 shares of the stock. The stock was sold at a price of $9.39, for a total worth of $206,261. Succeeding to the transaction Amend Michael owned overall 297,576 shares of the stock.

Moreover, Drexler Andrew, SVP, CAO and Controller sold 2,867 shares of the stock in a reserved transaction that ensued on 6/11/2016. At a price of $8.20, the stock was sold for an entire value of $23,509. Consequent to the transaction Drexler Andrew owned a total of 36,642 shares of the stock.

Currently, 1.60% shares of J C Penney Company Inc (NYSE:JCP) are owned by insiders with 0.23% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For J C Penney Company Inc (NYSE:JCP) total 7 number of trades held during last 3 months and 44 during last 12 months, out of them 4 numbers of buys held in last 3 months and 35 buys in last 12 months. Whereas 3 numbers of sells held in last 3 months and 9 sells over the past 12 months.

For the duration of last three months J C Penney Company Inc (NYSE:JCP)’s total number of shares bought are 64,293 and sold 344,008 from a total of 408,301 traded shares. During last twelve months 1,797,981 number of shares bought and 509,939 sold from a total of 2,307,920 shares traded. A net activity of 279,715 took place in the course of three months, while 1,288,042 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).

J C Penney Company Inc (NYSE:JCP) ended last trading session at the price of $9.36 whereas a number of traders indicating mean target price will hit $11.79 over the next twelve months, mean value of price target most recently revised on 11/18/16. J C Penney Company Inc (NYSE:JCP)’s highest estimates of price target are $18.00 and low forecast is $7.00 based on the opinion of 20 analysts. The price target estimates represents a standard deviation of 3.24. However brokerage recommendations suggests an ABR of 2.53 based on calls of 17 experts.

J C Penney Company Inc (NYSE:JCP) is expected to release the earnings of its current quarter on 2/23/17. The company is expected to release $-0.21 EPS during current quarter according to 22 analysts whereas the company reported $-0.47 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $-0.31 and high estimate of $-0.16. J C Penney Company Inc (NYSE:JCP)’s average revenue estimates for the current quarter are $2.95B according to 20 number of analysts. However its lowest revenue estimates are $2.89B and highest revenue estimates are $3.02B. A year ago the company’s sales were $2.9B. Its yearly sales growth estimates are 1.90%. Past 5 years growth of J C Penney Company Inc (NYSE:JCP) observed at 9.37%, and for the next five years the analysts that follow this company are expecting its growth at -28.00%.

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