Home / Street Sector / Hot Stocks Retreats on New Development: J. C. Penney Company, Inc. (NYSE:JCP), Royal Caribbean Cruises Ltd. (NYSE:RCL)

Hot Stocks Retreats on New Development: J. C. Penney Company, Inc. (NYSE:JCP), Royal Caribbean Cruises Ltd. (NYSE:RCL)

  1. C. Penney Company, Inc. (NYSE:JCP) [Trend Analysis] knocking active thrust in leading trading session, shares a decrease of -1.73% to 8.52 with around 11.34 Million shares have changed hands in this session. J.C. Penney Co. (NYSE:JCP) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating.

“J. C. Penney has taken up several strategic initiatives to drive traffic. The firm, in order to enhance consumer shopping experience, has been focusing on remodeling, renovating and refurbishing its stores with special focus on enhancing high-margin center core department. The firm’s strong in-store and online businesses, and solid performance across most merchandising divisions, with Sephora being one of the top performers, helped delivered upbeat performance in second-quarter fiscal 2016,” according to Zacks.

Lets us look over what analysts have to say about performance of the JCP. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $-0.19 as compared to the next year Q1 current trend of $0.72. While on annual basis the current EPS estimates trend for FY 2017 came in for $0.78 as compared to three months ago $0.77.

The stock prices target chart showed high target of 20 kept by analysts at WSJ while the average price target was for 12.02 as compared to current price of 8.52. Somehow, the stock managed to gain BUY ratings by 8 analysts in current tenure as 3 analysts having overweight ratings, 11 recommend as HOLD, 2 gave it as a SELL security for current period. Overall, the consensus ratings were for Overweight by the pool of analysts.

The stock is going forward its fifty-two week low with 42% and lagging behind from its 52-week high price with -28.94%. Similar, the positive performance for the quarter recorded as -0.35% and for the year was -11.43%, while the YTD performance remained at 27.93%. JCP has Average True Range for 14 days of 0.32.

Royal Caribbean Cruises Ltd. (NYSE:RCL) [Trend Analysis] retains strong position in active trade, as shares scoring -1.70% to $68.79 in an active trade session, while looking at the shares volume, around 2.23 Million shares have changed hands in this session. Finally to see some strong financial remarks by WSJ over RCL performance. Out of the pool of analysts 15 gave their BUY ratings on the stock in previous month as 16 analysts having BUY in current month. Majority ranked Buy from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $3.10 while one month ago this estimate trend was for $3.11. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $6.87 and for the one month was for $6.91 as compared to three months ago was for $7.19. Whereas, RCL received highest price target of 101 and low target of 71. The stock price target chart showed average price target of 91 as compared to current price of 68.79.

The firm has institutional ownership of 77.10%, while insider ownership included 1%. RCL attains analyst recommendation of 1.80 with week’s performance of -6.67%. Investors looking further ahead will note that the Price to next year’s EPS is 14.77%.


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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