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: $1.46 billion
- Outstanding Shares: 309,799,000
- 50 Day Moving Avg: $5.31
- 200 Day Moving Avg: $6.98
- 52 Week Range: $4.17 - $11.30
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 10.70
- P/E Growth: -0.35
- Annual Revenue: $12.44 billion
- Price / Sales: 0.12
- Book Value: $3.89 per share
- Price / Book: 1.21
- EBIDTA: $1 billion
- Net Margins: -2.56%
- Return on Equity: -4.66%
- Return on Assets: -0.61%
- Debt-to-Equity Ratio: 3.96%
- Current Ratio: 1.47%
- Quick Ratio: 0.22%
- Average Volume: 19.71 million shs.
- Beta: 0.69
- Short Ratio: 4.53
Frequently Asked Questions for J C Penney Company (NYSE:JCP)
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."
How were J C Penney Company's earnings last quarter?
J C Penney Company Inc (NYSE:JCP) posted its earnings results on Friday, May, 12th. The company reported $0.06 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.21) by $0.27. The firm had revenue of $2.71 billion for the quarter, compared to analyst estimates of $2.78 billion. J C Penney Company had a negative net margin of 2.56% and a negative return on equity of 4.66%. The company's revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.22) EPS. View J C Penney Company's Earnings History.
What guidance has J C Penney Company issued on next quarter's earnings?
J C Penney Company issued an update on its FY18 earnings guidance on Friday, May, 12th. The company provided earnings per share (EPS) guidance of $0.40-0.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.49.
Where is J C Penney Company's stock going? Where will J C Penney Company's stock price be in 2017?
21 analysts have issued 1 year price objectives for J C Penney Company's shares. Their predictions range from $4.50 to $12.00. On average, they anticipate J C Penney Company's stock price to reach $6.81 in the next twelve months. View Analyst Ratings for J C Penney Company.
What are analysts saying about J C Penney Company stock?
Here are some recent quotes from research analysts about J C Penney Company stock:
- 1. 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)
- 2. 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)
Are investors shorting J C Penney Company?
J C Penney Company saw a increase in short interest in the month of May. As of May 15th, there was short interest totalling 110,498,287 shares, an increase of 0.4% from the April 28th total of 110,107,212 shares. Based on an average trading volume of 25,230,540 shares, the days-to-cover ratio is presently 4.4 days. Currently, 38.4% of the shares of the stock are short sold.
Who are some of J C Penney Company's key competitors?
Some companies that are related to J C Penney Company include Papa John's Int'l (PZZA), Beacon Roofing Supply (BECN), Five Below (FIVE), Dave & Buster's Entertainment (PLAY), Cheesecake Factory (CAKE), PriceSmart (PSMT), Office Depot (ODP), Aaron's (AAN), Tempur Sealy International (TPX), Sally Beauty Holdings (SBH), Buffalo Wild Wings (BWLD), Stamps.com (STMP), Kate Spade & Co (KATE), Lithia Motors (LAD), GameStop Corp. (GME), Big Lots (BIG), Urban Outfitters (URBN) and Bloomin' Brands (BLMN).
Who owns J C Penney Company stock?
J C Penney Company's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.00%), Vanguard Group Inc. (7.73%), TCW Group Inc. (5.05%), Teachers Advisors LLC (4.71%), FMR LLC (4.39%) and Dimensional Fund Advisors LP (3.38%). Company insiders that own J C Penney Company stock include John Joseph Tighe III, Marvin R Ellison and Ronald W Tysoe. View Institutional Ownership Trends for J C Penney Company.
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 Renaissance Technologies LLC, TCW Group Inc., Bridgewater Associates LP, Russell Investments Group Ltd., Nationwide Fund Advisors, Systematic Financial Management LP, Alliancebernstein L.P. and Parametric Portfolio Associates LLC. View Insider Buying and Selling for J C Penney Company.
Who bought J C Penney Company stock? Who is buying J C Penney Company stock?
J C Penney Company's stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Teachers Advisors LLC, Hodges Capital Management Inc., Saba Capital Management L.P., Vanguard Group Inc., TIAA CREF Investment Management LLC, 1060 Capital LLC and Strs Ohio. Company insiders that have bought J C Penney Company stock in the last two years include Marvin R Ellison and Ronald W Tysoe. View Insider Buying and Selling for J C Penney Company.
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 $4.71.
Earnings History for J C Penney Company (NYSE:JCP)Earnings History by Quarter for J C Penney 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|
|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 (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 (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 (NYSE:JCP)
Insider Ownership Percentage: 1.28%Insider Trades by Quarter for J C Penney Company (NYSE:JCP)
Institutional Ownership Percentage: 85.70%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|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 (NYSE:JCP)
Latest Headlines for J C Penney Company (NYSE:JCP)
J C Penney Company (JCP) Chart for Saturday, May, 27, 2017