About J C Penney Company
J. C. Penney Company, Inc. is a holding company. The Company's operating subsidiary is J. C. Penney Corporation, Inc. (JCP). The Company's business consists of selling merchandise and services to consumers through its department stores and its Website at jcpenney.com, which utilizes optimized applications for desktop, mobile and tablet devices. The Company's department stores and Website serves the same type of customers, its Website offers virtually the same mix of merchandise as its in store assortment along with other extended categories that are not offered in store, and its department stores accept returns from sales made in stores and through its Website. Its online customer purchases by direct shipment to the customer from its distribution facilities and stores or from its suppliers' warehouses and by in store customer pick up. It sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney and home furnishings.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Department Stores
- Sub-Industry: Department Stores
- Exchange: NYSE
- Symbol: JCP
- CUSIP: 70816010
- Previous Close: $6.86
- 50 Day Moving Average: $6.90
- 200 Day Moving Average: $8.72
- 52-Week Range: $6.18 - $11.99
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 11.54
- P/E Growth: -8.17
- Market Cap: $1.99B
- Outstanding Shares: 308,299,000
- Beta: 0.69
- Net Margins: -2.56%
- Return on Equity: -4.66%
- Return on Assets: -0.61%
Companies Related to J C Penney Company:
- Debt-to-Equity Ratio: 3.96%
- Current Ratio: 1.47%
- Quick Ratio: 0.22%
What is J C Penney Company's stock symbol?
J C Penney Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "JCP."
Where is J C Penney Company's stock going? Where will J C Penney Company's stock price be in 2017?
23 brokers have issued twelve-month price targets for J C Penney Company's shares. Their forecasts range from $7.00 to $15.00. On average, they expect J C Penney Company's share price to reach $9.85 in the next twelve months.
When will J C Penney Company announce their earnings?
J C Penney Company is scheduled to release their next quarterly earnings announcement on Friday, February, 24th 2017.
What are analysts saying about J C Penney Company stock?
Here are some recent quotes from research analysts about J C Penney Company stock:
According to Zacks Investment Research, "J. C. Penney, shares have been bearing the brunt of dismal holiday sales numbers. The stock has declined over 28% in the past three months. The company’s comparable store sales declined 0.8% during the November and December period combined. The decline was primarily due to the impact of challenging retail landscape, stiff competition from online retailers and waning store traffic. The company stated that the first three weeks of November were especially challenging. During the holiday season the company saw robust performance from appliances, boots, outerwear, fine jewelry and Sephora. However, sustained weakness in women’s apparel marred the overall performance. Nevertheless, in order to augment customer shopping experience, it has been focusing on remodeling, renovating and refurbishing its stores with special focus on enhancing high-margin center core department." (2/22/2017)
Morgan Stanley analysts commented, "We hosted investor meetings with Marvin Ellison, CEO; Ed Record, EVP CFO; Mike Robbins, EVP Supply Chain; John Tighe, EVP Chief Merchant; and Trent Kruse, Investor Relations at J.C. Penny’s headquarters in Dallas, TX, as well as a tour of the JCP Stonebriar Centre store. Multiple levers to achieve L-T financial targets: Management’s key message stressed it has a variety pathways to achieve its 2016 and 2017 $1B and $1.2B+ EBITDA goals, even if comps decelerate to +2% (vs. 2015+4.5% and 2016 +3-4% guidance). This reflects ~150-175 bps potential GM upside (vs. 2015 36% GM) and further opportunity to reduce SG&A, although we expect the pace of future expense cuts to moderate (please see details below). Near-term, based on our store checks and department store tracker department store tracker, 1Q likely started off strong but decelerated in March across the industry (Feb +0.4% vs. March -1.9% y/y estimate). Moreover, we think 1H sales growth may be slower vs. 2H16, as management sees more back-half weighted top-line catalysts, such as a greater number of Sephora openings (~30 in late 1Q16 and ~30 in June 2016) and completed center core remodels (~350 by the end of 2Q16 vs. ~75 today)." (4/13/2016)
Who owns J C Penney Company stock?
J C Penney Company's stock is owned by many different of institutional and retail investors. Top institutional investors include Appaloosa LP (1.65%), Systematic Financial Management LP (1.42%), Friess Associates LLC (0.47%), Prudential PLC (0.20%), 1060 Capital LLC (0.15%) and United Capital Financial Advisers LLC (0.12%). Company insiders that own J C Penney Company stock include Brynn Evanson, John Joseph Tighe III, Marvin R Ellison and Ronald W Tysoe.
Who sold J C Penney Company stock? Who is selling J C Penney Company stock?
J C Penney Company's stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Tudor Investment Corp Et Al, Janus Capital Management LLC and Metropolitan Life Insurance Co. NY.
Who bought J C Penney Company stock? Who is buying J C Penney Company stock?
J C Penney Company's stock was purchased by a variety of institutional investors in the last quarter, including Appaloosa LP, Friess Associates LLC, 1060 Capital LLC, United Capital Financial Advisers LLC, Numeric Investors LLC, Prudential PLC, Blenheim Capital Management BV and Cascade Investment Advisors Inc.. Company insiders that have bought J C Penney Company stock in the last two years include Marvin R Ellison and Ronald W Tysoe.
How do I buy J C Penney Company stock?
Shares of J C Penney Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of J C Penney Company stock cost?
One share of J C Penney Company stock can currently be purchased for approximately $6.46.