Home / Business / Stocks in Frontline Trades’ Choice: J. C. Penney Company, Inc. (NYSE:JCP), The TJX Companies, Inc. (NYSE:TJX)

Stocks in Frontline Trades’ Choice: J. C. Penney Company, Inc. (NYSE:JCP), The TJX Companies, Inc. (NYSE:TJX)

J C. Penney Company, Inc. (NYSE:JCP) [Trend Analysis] knocking active thrust in leading trading session, shares a loss of -2.40% to 9.76 with around 13.18 Million shares have changed hands in this session.  In recognition of National Breast Cancer Awareness Month, JCPenney will be making a $100,000 contribution to the American Cancer Society, the nation`s largest, nonprofit investor in cancer research, to support the organization`s breast cancer research and awareness programs. JCPenney will also be encouraging consumers and associates to join its support in helping to save lives from breast cancer.

The chief consumer and marketing officer for JCPenney, Mary Beth West stated that they are committed to helping save lives from breast cancer and could not be more proud to support the American Cancer Society this October. With over 3.1 million women in the U.S. with a history of breast cancer1 and about 246,000 new cases estimated to be diagnosed in 20162, it is a disease that touches the lives of many.

The JCP 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 JCP ratings chart showed that 11 gave HOLD ratings for the current month as 3 analysts opting for Overweight option for same period. For stocks’ current month, 8 analysts opted for BUY ratings as compared to 2 opting for SELL in the same period. The stock price target chart showed average price target of 12.17 as compared to current price of 9.76.

Taking look on per share earnings estimates, its 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 stock is going forward its fifty-two week low with 62.67% and lagging behind from its 52-week high price with -18.60%.

Similar, the positive performance for the quarter recorded as 14.15% and for the year was 4.16%, while the YTD performance remained at 46.55%. JCP has Average True Range for 14 days of 0.36.

The TJX Companies, Inc. (NYSE:TJX) [Trend Analysis] retains strong position in active trade, as shares scoring 0.53% to $76.50 in a active trade session, while looking at the shares volume, around 3.04 Million shares have changed hands in this session. Lets us look over what analysts have to say about performance of the TJX. 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 $0.87 as compared to the next year Q1 current trend of $1.02. While on annual basis the current EPS estimates trend for FY 2017 came in for $3.82 as compared to three months ago $3.82.

The stock prices target chart showed high target of 92.00 kept by analysts at WSJ while the average price target was for 84.42 as compared to current price of 76.50. Somehow, the stock managed to gain BUY ratings by 19 analysts in current tenure as 4 analysts having overweight ratings, 7 recommend. Overall, the consensus ratings were for Overweight by the pool of analysts.

The firm has institutional ownership of 91.90%, while insider ownership included 0.20%. TJX attains analyst recommendation of 1.90 with week’s performance of 1.95%. Investors looking further ahead will note that the Price to next year’s EPS is 9.61%.

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