J. C. Penney Company Inc. (JCP) was a big mover last session, as the company saw its shares surge over a massive 20% on the day. This rally can be attributable to the robust comparable store sales performance during the holiday season. This led to far more shares changing hands than in a normal session resulting in solid volume. This continues the most recent uptrend of the company, as the stock is now up 27.3% in the past one-month time frame.
In the last 30 days, this company did not witness any estimate revisions and the Zacks Consensus Estimate has remained unchanged over the same period. However, the recent price action is encouraging, so make sure to keep a close watch on this firm in the near future.
J. C. Penney Company has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked retail stock is Shoe Carnival Inc. (SCVL) with a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
PENNEY (JC) INC (JCP): Free Stock Analysis Report
SHOE CARNIVAL (SCVL): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
J. C. Penney Company (JCP) Looks Strong: Stock Surges 20.3% - Tale of the Tape
Terms and Privacy Policy