Press coverage about J C Penney (NYSE:JCP) has trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. J C Penney earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media headlines about the department store operator an impact score of 47.2473008706629 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:

Shares of J C Penney (NYSE JCP) opened at $4.05 on Tuesday. The company has a quick ratio of 0.16, a current ratio of 1.44 and a debt-to-equity ratio of 3.95. The stock has a market capitalization of $1,260.00, a PE ratio of -6.64, a P/E/G ratio of 2.64 and a beta of 0.58. J C Penney has a 12 month low of $2.35 and a 12 month high of $7.42.

J C Penney (NYSE:JCP) last posted its earnings results on Friday, November 10th. The department store operator reported ($0.33) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.43) by $0.10. The company had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.77 billion. J C Penney had a positive return on equity of 7.60% and a negative net margin of 1.43%. J C Penney’s quarterly revenue was down 1.8% on a year-over-year basis. During the same period last year, the firm earned ($0.21) earnings per share. analysts predict that J C Penney will post 0.1 EPS for the current fiscal year.

JCP has been the topic of several analyst reports. Cowen set a $4.00 price objective on J C Penney and gave the stock a “hold” rating in a report on Thursday, November 30th. Zacks Investment Research downgraded J C Penney from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Citigroup lifted their price objective on J C Penney from $3.00 to $4.00 and gave the stock a “neutral” rating in a report on Friday, October 27th. B. Riley reiterated a “hold” rating and issued a $3.50 price objective on shares of J C Penney in a report on Monday, November 13th. Finally, UBS Group downgraded J C Penney from a “positive” rating to a “neutral” rating in a report on Monday, October 30th. Three investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $4.78.

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J C Penney Company Profile

J. C. Penney Company, Inc is a holding company. The Company’s business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com. Its department stores and Website generally serve the same type of customers, its Website offers virtually the same mix of merchandise as its store assortment and other categories, and its department stores generally accept returns from sales made in stores and through its Website.

Insider Buying and Selling by Quarter for J C Penney (NYSE:JCP)

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