About J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
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. It fulfills 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. The Company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products through Sephora inside JCPenney, home furnishings and appliances. In addition, its department stores provide its customers with services, such as styling salon, optical, portrait photography and custom decorating.
Industry, Sector and Symbol:
- Sector: Retail/Wholesale
- Industry: Department Stores
- Sub-Industry: Department Stores
- Symbol: NYSE:JCP
- CUSIP: 70816010
- Web: www.jcpenney.com
- Market Cap: $1.08449 billion
- Outstanding Shares: 310,741,000
- 50 Day Moving Avg: $3.81
- 200 Day Moving Avg: $4.63
- 52 Week Range: $3.31 - $10.74
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 9.50
- P/E Growth: -0.29
- Annual Revenue: $12.49 billion
- Price / Sales: 0.09
- Book Value: $3.72 per share
- Price / Book: 0.97
- EBITDA: $891 million
- Net Margins: -0.94%
- Return on Equity: 10.55%
- Return on Assets: 1.43%
- Debt-to-Equity Ratio: 3.51%
- Current Ratio: 1.45%
- Quick Ratio: 0.24%
- Average Volume: 16.56 million shs.
- Beta: 0.57
- Short Ratio: 6.15
Frequently Asked Questions for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
What is J.C. Penney Company, Inc. Holding Company's stock symbol?
J.C. Penney Company, Inc. Holding Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "JCP."
How were J.C. Penney Company, Inc. Holding Company's earnings last quarter?
J.C. Penney Company, Inc. Holding Company (NYSE:JCP) announced its quarterly earnings results on Friday, August, 11th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.06) by $0.03. The company had revenue of $2.96 billion for the quarter, compared to analyst estimates of $2.84 billion. J.C. Penney Company, Inc. Holding Company had a positive return on equity of 10.55% and a negative net margin of 0.94%. J.C. Penney Company, Inc. Holding Company's revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the business posted ($0.05) earnings per share. View J.C. Penney Company, Inc. Holding Company's Earnings History.
When will J.C. Penney Company, Inc. Holding Company make its next earnings announcement?
What guidance has J.C. Penney Company, Inc. Holding Company issued on next quarter's earnings?
J.C. Penney Company, Inc. Holding Company updated its FY18 earnings guidance on Friday, August, 11th. The company provided EPS guidance of $0.40-0.65 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.49.
Where is J.C. Penney Company, Inc. Holding Company's stock going? Where will J.C. Penney Company, Inc. Holding Company's stock price be in 2017?
19 brokers have issued 12 month price objectives for J.C. Penney Company, Inc. Holding Company's stock. Their predictions range from $4.00 to $12.00. On average, they expect J.C. Penney Company, Inc. Holding Company's stock price to reach $5.77 in the next year. View Analyst Ratings for J.C. Penney Company, Inc. Holding Company.
What are analysts saying about J.C. Penney Company, Inc. Holding Company stock?
Here are some recent quotes from research analysts about J.C. Penney Company, Inc. Holding Company stock:
- 1. According to Zacks Investment Research, "The impact of challenging retail landscape, stiff competition from online retailers and waning store traffic is clearly visible on J. C. Penney’s shares performance that have underperformed the industry in a year. The company has been grappling with dismal comparable sales over the past few quarters. Further, the company’s higher debt level also raises a concern. Nevertheless, in an effort to lure customers and ramp up sales, management has introduced a new loyalty program. These along with remodeling, renovation and refurbishment of stores with special attention on enhancing the reach of national and especially private-label brands looks promising. J. C. Penney is also gradually increasing the count of Sephora stores which is going great business. Of late, estimates have been stable ahead of the company’s third quarter earnings release." (10/17/2017)
- 2. BMO Capital Markets analysts commented, "JCP's stock traded down 5.8% following a 4Q16 EPS print ex-items of $0.64 that exceeded expectations (BMO $0.59/consensus $0.61), but benefited from a lower tax rate ($0.04) and $63 million of asset gains, leaving market participants disappointed with the earnings quality, albeit management had discussed potential asset sales. More important, the 2017 EBITDA target of $1.2 billion was walked down to $1.1 billion and now includes ~$100 million in asset gains; inventory looks elevated, albeit 2017 inventory is expected to decline 5%; and core apparel trends remain challenging." (2/27/2017)
Are investors shorting J.C. Penney Company, Inc. Holding Company?
J.C. Penney Company, Inc. Holding Company saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 137,896,674 shares, an increase of 1.2% from the September 15th total of 136,291,082 shares. Based on an average trading volume of 10,570,762 shares, the days-to-cover ratio is currently 13.0 days. Approximately 47.7% of the company's stock are sold short.
Who are some of J.C. Penney Company, Inc. Holding Company's key competitors?
Some companies that are related to J.C. Penney Company, Inc. Holding Company include The Cheesecake Factory Incorporated (CAKE), Gamestop Corporation (GME), Dave & Buster's Entertainment (PLAY), HSN (HSNI), Travelport Worldwide Limited (TVPT), Li Ning (LNNGY), Builders FirstSource (BLDR), Rite Aid Corporation (RAD), Office Depot (ODP), Rush Enterprises (RUSHA), Children's Place, Inc. (The) (PLCE), Restoration Hardware Holdings (RH), Buffalo Wild Wings (BWLD), Bloomin' Brands (BLMN), Insight Enterprises (NSIT), DSW (DSW), Brinker International (EAT) and Bob Evans Farms (BOBE).
Who are J.C. Penney Company, Inc. Holding Company's key executives?
J.C. Penney Company, Inc. Holding Company's management team includes the folowing people:
- Marvin R. Ellison, Chairman of the Board, Chief Executive Officer
- Jeffrey Davis, Chief Financial Officer, Executive Vice President
- Therace M. Risch, Executive Vice President, Chief Information Officer
- Janet M. Link, Executive Vice President, General Counsel
- Brynn L. Evanson, Executive Vice President - Human Resources
- Michael Amend, Executive Vice President - Omnichannel
- Joseph Michael Mcfarland III, Executive Vice President - Stores
- Michael Robbins, Executive Vice President - Supply Chain
- John J. Tighe, Executive Vice President, Chief Merchant
- Andrew S. Drexler, Senior Vice President, Chief Accounting Officer, Controller
How do I buy J.C. Penney Company, Inc. Holding Company stock?
Shares of J.C. Penney Company, Inc. Holding 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.
What is J.C. Penney Company, Inc. Holding Company's stock price today?
MarketBeat Community Rating for J.C. Penney Company, Inc. Holding Company (NYSE JCP)MarketBeat's community ratings are surveys of what our community members think about J.C. Penney Company, Inc. Holding Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of J.C. Penney Company, Inc. Holding Company stock can currently be purchased for approximately $3.61.
Consensus Ratings for J.C. Penney Company, Inc. Holding Company (NYSE:JCP) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 14 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.16)|
|Consensus Price Target: ||$5.77 (59.80% upside)|Consensus Price Target History for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
Analysts' Ratings History for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/14/2017||Jefferies Group LLC||Reiterated Rating||Hold||$4.00||Medium|
|8/16/2017||B. Riley||Reiterated Rating||Buy||$4.30||Low|
|8/14/2017||Northcoast Research||Reiterated Rating||Buy||$9.00||Medium|
|8/14/2017||Deutsche Bank AG||Reiterated Rating||Hold||$6.50 -> $5.00||High|
|8/14/2017||Citigroup Inc.||Lower Price Target||Hold -> Neutral||$5.00 -> $4.00||High|
|8/12/2017||BMO Capital Markets||Set Price Target||Market Perform||$6.00 -> $4.00||High|
|8/11/2017||Cowen and Company||Set Price Target||Hold||$8.00 -> $6.00||High|
|8/11/2017||Piper Jaffray Companies||Set Price Target||Hold||$4.00||High|
|8/11/2017||Telsey Advisory Group||Downgrade||Outperform -> Market Perform||$7.00 -> $5.00||N/A|
|8/10/2017||Credit Suisse Group||Downgrade||Sell||Medium|
|6/26/2017||Gordon Haskett||Upgrade||Reduce -> Hold||$4.50||High|
|5/23/2017||CIBC||Reiterated Rating||Market Perform||Low|
|5/22/2017||Oppenheimer Holdings, Inc.||Reiterated Rating||Market Perform||Low|
|5/15/2017||Buckingham Research||Downgrade||Buy -> Neutral||$5.00||High|
|5/15/2017||Robert W. Baird||Downgrade||Outperform -> Neutral||$8.00 -> $5.00||Medium|
|2/28/2017||Susquehanna Bancshares Inc||Reiterated Rating||Positive||N/A|
|2/13/2017||Morgan Stanley||Upgrade||Underweight -> Equal Weight||$7.00||N/A|
|12/2/2016||Bank of America Corporation||Upgrade||Neutral -> Buy||$9.53 -> $12.00||N/A|
|5/23/2016||Miller Tabak||Lower Price Target||Buy||$17.00 -> $13.00||N/A|
|5/16/2016||Sterne Agee CRT||Reiterated Rating||Buy||N/A|
|5/17/2016||Goldman Sachs Group Inc||Reiterated Rating||Sell||N/A|
|5/6/2016||J P Morgan Chase & Co||Lower Price Target||Neutral||$10.00 -> $7.00||N/A|
|3/3/2016||Evercore ISI||Upgrade||Hold -> Buy||$8.00 -> $15.00||N/A|
|2/29/2016||Nomura||Lower Price Target||Neutral||$10.00 -> $9.00||N/A|
|2/26/2016||Craig Hallum||Upgrade||Sell -> Hold||N/A|
|1/8/2016||S&P Equity Research||Upgrade||Hold -> Buy||N/A|
Earnings History for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)Earnings History by Quarter for J.C. Penney Company, Inc. Holding Company (NYSE JCP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/11/2017||Q2 2018||($0.06)||($0.09)||$2.84 billion||$2.96 billion||View||N/A|
|5/12/2017||Q1 17||($0.21)||$0.06||$2.78 billion||$2.71 billion||View||N/A|
|2/24/2017||Q416||$0.61||$0.64||$3.98 billion||$4.00 billion||View||N/A|
|11/11/2016||Q316||($0.21)||($0.21)||$2.95 billion||$2.86 billion||View||N/A|
|8/12/2016||Q216||($0.15)||($0.05)||$2.93 billion||$2.92 billion||View||Listen|
|5/13/2016||Q116||($0.38)||($0.32)||$2.92 billion||$2.81 billion||View||Listen|
|2/25/2016||Q415||$0.23||$0.39||$3.99 billion||$4.00 billion||View||N/A|
|11/13/2015||Q315||($0.55)||($0.47)||$2.88 billion||$2.90 billion||View||Listen|
|8/14/2015||Q215||($0.48)||($0.41)||$2.86 billion||$2.88 billion||View||Listen|
|5/13/2015||Q115||($0.79)||($0.57)||$2.86 billion||$2.86 billion||View||Listen|
|2/26/2015||Q414||$0.11||($0.19)||$4.71 billion||$3.89 billion||View||Listen|
|11/12/2014||Q314||($0.83)||($0.77)||$2.81 billion||$2.76 billion||View||Listen|
|8/14/2014||Q214||($0.98)||($0.75)||$2.78 billion||$2.80 billion||View||Listen|
|2/26/2014||Q413||($0.76)||($0.68)||$3.94 billion||$3.78 billion||View||Listen|
|11/20/2013||Q3||($1.72)||($1.81)||$2.80 billion||$2.78 billion||View||Listen|
|8/20/2013||Q2 2013||($1.06)||($1.17)||$2.76 billion||$2.66 billion||View||Listen|
|5/16/2013||Q1 2013||($0.86)||($1.31)||$2.72 billion||$2.64 billion||View||Listen|
|2/27/2013||Q4 2012||($0.17)||($1.95)||$4.08 billion||$3.88 billion||View||Listen|
|11/9/2012||Q312||$0.02||($0.93)||$3.29 billion||$2.93 billion||View||N/A|
Earnings Estimates for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
2017 EPS Consensus Estimate: $0.49
2018 EPS Consensus Estimate: $0.28
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
Insider Ownership Percentage: 1.02%Insider Trades by Quarter for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
Institutional Ownership Percentage: 71.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/22/2017||Javier G Teruel||Director||Buy||135,135||$3.64||$491,891.40|| |
|8/22/2017||Jeffrey A Davis||CFO||Buy||50,000||$3.62||$181,000.00|| |
|8/21/2017||Paul J Brown||Director||Buy||25,000||$3.62||$90,500.00|| |
|8/18/2017||Marvin R Ellison||Chairman||Buy||100,000||$3.48||$348,000.00|| |
|11/18/2016||John Joseph Tighe III||EVP||Sell||38,756||$9.33||$361,593.48|| |
|8/25/2016||Marvin R Ellison||Chairman||Buy||50,000||$9.92||$496,000.00|| |
|5/17/2016||Ronald W Tysoe||Director||Buy||25,000||$7.24||$181,000.00|| |
|3/9/2016||Marvin R Ellison||CEO||Buy||50,000||$11.80||$590,000.00|| |
|5/15/2015||Brynn Evanson||EVP||Sell||6,761||$8.45||$57,130.45|| |
|11/19/2014||Javier G Teruel||Director||Buy||100,000||$7.28||$728,000.00|| |
|11/22/2013||Myron Ullman III||CEO||Buy||112,000||$8.95||$1,002,400.00|| |
|11/16/2012||Javier G Teruel||Director||Buy||126,000||$15.98||$2,013,480.00|| |
|8/28/2012||Geraldine B Laybourne||Director||Buy||1,289||$24.82||$31,992.98|| |
|8/21/2012||Geraldine B Laybourne||Director||Buy||1,433||$24.39||$34,950.87|| |
|8/16/2012||Michael W Kramer||COO||Buy||4,400||$23.74||$104,456.00|| |
|8/14/2012||Geraldine B Laybourne||Director||Buy||1,432||$23.28||$33,336.96|| |
Headline Trends for J.C. Penney Company, Inc. Holding Company (NYSE:JCP)
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J.C. Penney Company, Inc. Holding Company (JCP) Chart for Saturday, October, 21, 2017