Home / Business / Department Store Preparing For Holiday Season: J. C. Penney Company, Inc. (NYSE:JCP), Macy’s, Inc. (NYSE:M)

Department Store Preparing For Holiday Season: J. C. Penney Company, Inc. (NYSE:JCP), Macy’s, Inc. (NYSE:M)

  1. C. Penney Company, Inc. (NYSE:JCP) [Trend Analysis] retains strong position in active trade, as shares scoring remains unchanged to $9.55 in a active trade session, while looking at the shares volume, around 12.11 Million shares have changed hands in this session.

J.C. Penney Co. Inc.’s corporate credit rating was upgraded two notches to B1 from B3 at Moody’s Investors Service, which cited continued improvement in financial performance in the face of a challenging retail environment. The outlook on the rating, which is still four notches below investment grade, was changed to stable from positive. “While we acknowledge the firm has had easier comparisons than most of its peers, its continued progress has resulted in important deleveraging which is evidence of the traction of its initiatives and the recovery of market share,” stated Moody’s analyst Christina Boni.

Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked JCP in recent few months. In ratings table the JCP given BUY ratings by 8″ Analysts in current phase and 3 analysts suggest it as overweight security. The 2 number of analyst/s have SELL recommendation for current month on JCP. While 11 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, overall consensus pool recommend it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $-0.19 at current month while compared with $-0.19 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.72 and on annual basis FY 2016 estimate trends at current was for $0.16 as compared to one month ago of $0.17, and for next year per share earnings estimates have $0.77.

The firm has institutional ownership of 90.00%, while insider ownership included 1.60%. JCP attains analyst recommendation of 2.50 with week’s performance of -4.50%. Investors looking further ahead will note that the Price to next year’s EPS is 398.73%.

Shares of Macy’s, Inc. (NYSE:M) [Trend Analysis] swings enthusiastically in regular trading session, it a loss of -1.37% to close at $36.10. The M held a rough session during the week but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The M ratings chart showed that 16 gave HOLD ratings for the current month as 0 analysts opting for Overweight option for same period, whereas, 0 analysts out of pool gave UNDERWEIGHT rating. For stocks’ current month, 4″ Analysts opted for BUY ratings as compared to 0 opting for SELL in the same period. The stock price target chart showed average price target of 41.42 as compared to current price of 36.10.

Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $2.01 and on annual basis FY 2016 estimate trends at current was for $3.36 as compared to one month ago of $3.37, and for next year per share earnings estimates have $3.45.

Moving forward to saw long-term intention, the experts calculate Return on Investment of 12.00%. The stock is going forward its fifty-two week low with 23.27% and lagging behind from its 52-week high price with -28.42%. M last month stock price volatility remained 2.43%.

 

About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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