J C Penney Company Company Profile (NYSE:JCP)

About J C Penney Company (NYSE:JCP)

J C Penney Company logoJ. 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
Capitalization:
  • Market Cap: $1.46 billion
  • Outstanding Shares: 309,799,000
Average Prices:
  • 50 Day Moving Avg: $5.31
  • 200 Day Moving Avg: $6.98
  • 52 Week Range: $4.17 - $11.30
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.70
  • P/E Growth: -0.35
Sales & Book Value:
  • Annual Revenue: $12.44 billion
  • Price / Sales: 0.12
  • Book Value: $3.89 per share
  • Price / Book: 1.21
Profitability:
  • EBIDTA: $1 billion
  • Net Margins: -2.56%
  • Return on Equity: -4.66%
  • Return on Assets: -0.61%
Debt:
  • Debt-to-Equity Ratio: 3.96%
  • Current Ratio: 1.47%
  • Quick Ratio: 0.22%
Misc:
  • 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?

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.

Analyst Ratings

Consensus Ratings for J C Penney Company (NYSE:JCP) (?)
Ratings Breakdown: 2 Sell Ratings, 14 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.14)
Consensus Price Target: $6.81 (44.66% upside)

Analysts' Ratings History for J C Penney Company (NYSE:JCP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/23/2017CIBCReiterated RatingMarket PerformLowView Rating Details
5/22/2017Oppenheimer Holdings Inc.Reiterated RatingMarket PerformLowView Rating Details
5/22/2017Piper Jaffray CompaniesLower Price TargetNeutral$7.00 -> $5.00LowView Rating Details
5/20/2017B. RileyReiterated RatingNeutral$5.70LowView Rating Details
5/17/2017BMO Capital MarketsReiterated RatingMarket Perform$8.00 -> $6.00HighView Rating Details
5/16/2017ValuEngineUpgradeHold -> BuyLowView Rating Details
5/15/2017Citigroup IncReiterated RatingNeutral$6.50 -> $4.50LowView Rating Details
5/15/2017Buckingham ResearchDowngradeBuy -> Neutral$5.00HighView Rating Details
5/15/2017Deutsche Bank AGDowngradeBuy -> Hold$9.00 -> $5.50MediumView Rating Details
5/15/2017Telsey Advisory GroupBoost Price TargetOutperform -> Outperform$7.00 -> $11.00MediumView Rating Details
5/15/2017Robert W. BairdDowngradeOutperform -> Neutral$8.00 -> $5.00MediumView Rating Details
5/9/2017Gordon HaskettInitiated CoverageReduce$5.00MediumView Rating Details
4/6/2017Jefferies Group LLCReiterated RatingHold$7.00MediumView Rating Details
2/28/2017Susquehanna Bancshares IncReiterated RatingPositiveN/AView Rating Details
2/24/2017Northcoast ResearchReiterated RatingBuyN/AView Rating Details
2/27/2017Cowen and CompanyLower Price TargetMarket Perform$10.00 -> $8.00N/AView Rating Details
2/13/2017Morgan StanleyUpgradeUnderweight -> Equal Weight$7.00N/AView Rating Details
1/18/2017Credit Suisse Group AGDowngradeNeutral -> Underperform$6.86 -> $7.00N/AView Rating Details
12/6/2016ArgusReiterated RatingHoldN/AView Rating Details
12/2/2016Bank of America CorpUpgradeNeutral -> Buy$9.53 -> $12.00N/AView Rating Details
9/30/2016GuggenheimInitiated CoverageNeutralN/AView Rating Details
5/23/2016Miller TabakLower Price TargetBuy$17.00 -> $13.00N/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingBuyN/AView Rating Details
5/17/2016Goldman Sachs Group IncReiterated RatingSellN/AView Rating Details
5/6/2016JPMorgan Chase & Co.Lower Price TargetNeutral$10.00 -> $7.00N/AView Rating Details
3/3/2016Evercore ISIUpgradeHold -> Buy$8.00 -> $15.00N/AView Rating Details
2/29/2016NomuraLower Price TargetNeutral$10.00 -> $9.00N/AView Rating Details
2/26/2016Craig HallumUpgradeSell -> HoldN/AView Rating Details
1/25/2016OTR GlobalUpgradeNeutralN/AView Rating Details
1/8/2016S&P Equity ResearchUpgradeHold -> BuyN/AView Rating Details
9/17/2015MKM PartnersInitiated CoverageBuyN/AView Rating Details
8/27/2015Imperial CapitalBoost Price TargetUnderperform$3.00 -> $5.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for J C Penney Company (NYSE:JCP)
Earnings by Quarter for J C Penney Company (NYSE:JCP)
Earnings History by Quarter for J C Penney Company (NYSE:JCP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/12/2017Q1 17($0.21)$0.06$2.78 billion$2.71 billionViewN/AView Earnings Details
2/24/2017Q416$0.61$0.64$3.98 billion$4.00 billionViewN/AView Earnings Details
11/11/2016Q316($0.21)($0.21)$2.95 billion$2.86 billionViewN/AView Earnings Details
8/12/2016Q216($0.15)($0.05)$2.93 billion$2.92 billionViewListenView Earnings Details
5/13/2016Q116($0.38)($0.32)$2.92 billion$2.81 billionViewListenView Earnings Details
2/25/2016Q415$0.23$0.39$3.99 billion$4.00 billionViewN/AView Earnings Details
11/13/2015Q315($0.55)($0.47)$2.88 billion$2.90 billionViewListenView Earnings Details
8/14/2015Q215($0.48)($0.41)$2.86 billion$2.88 billionViewListenView Earnings Details
5/13/2015Q115($0.79)($0.57)$2.86 billion$2.86 billionViewListenView Earnings Details
2/26/2015Q414$0.11($0.19)$4.71 billion$3.89 billionViewListenView Earnings Details
11/12/2014Q314($0.83)($0.77)$2.81 billion$2.76 billionViewListenView Earnings Details
8/14/2014Q214($0.98)($0.75)$2.78 billion$2.80 billionViewListenView Earnings Details
2/26/2014Q413($0.76)($0.68)$3.94 billion$3.78 billionViewListenView Earnings Details
11/20/2013Q3($1.72)($1.81)$2.80 billion$2.78 billionViewListenView Earnings Details
8/20/2013Q2 2013($1.06)($1.17)$2.76 billion$2.66 billionViewListenView Earnings Details
5/16/2013Q1 2013($0.86)($1.31)$2.72 billion$2.64 billionViewListenView Earnings Details
2/27/2013Q4 2012($0.17)($1.95)$4.08 billion$3.88 billionViewListenView Earnings Details
11/9/2012Q312$0.02($0.93)$3.29 billion$2.93 billionViewN/AView Earnings Details
8/10/2012($0.07)($0.37)ViewN/AView Earnings Details
5/15/2012($0.08)($0.25)ViewN/AView Earnings Details
2/24/2012$0.67$0.74ViewN/AView Earnings Details
11/14/2011$0.11$0.11ViewN/AView Earnings Details
8/12/2011$0.07$0.07ViewN/AView Earnings Details
5/16/2011$0.24$0.28ViewN/AView Earnings Details
2/25/2011$1.08$1.09ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for J C Penney Company (NYSE:JCP)
2017 EPS Consensus Estimate: $0.49
2018 EPS Consensus Estimate: $0.28
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175($0.41)$0.61$0.13
Q2 20172($0.13)($0.12)($0.13)
Q3 20173($0.21)($0.16)($0.18)
Q4 20175$0.51$0.88$0.66
Q1 20184($0.25)($0.19)($0.22)
Q2 20182($0.11)$0.04($0.04)
Q3 20183($0.15)($0.09)($0.12)
Q4 20185$0.53$0.93$0.66
(Data provided by Zacks Investment Research)

Dividends

Dividend History for J C Penney Company (NYSE:JCP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for J C Penney Company (NYSE:JCP)
Insider Ownership Percentage: 1.28%
Institutional Ownership Percentage: 85.70%
Insider Trades by Quarter for J C Penney Company (NYSE:JCP)
Institutional Ownership by Quarter for J C Penney Company (NYSE:JCP)
Insider Trades by Quarter for J C Penney Company (NYSE:JCP)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/18/2016John Joseph Tighe IIIEVPSell38,756$9.33$361,593.48View SEC Filing  
8/25/2016Marvin R EllisonChairmanBuy50,000$9.92$496,000.00View SEC Filing  
5/17/2016Ronald W TysoeDirectorBuy25,000$7.24$181,000.00View SEC Filing  
3/9/2016Marvin R EllisonCEOBuy50,000$11.80$590,000.00View SEC Filing  
5/15/2015Brynn EvansonEVPSell6,761$8.45$57,130.45View SEC Filing  
11/19/2014Javier G TeruelDirectorBuy100,000$7.28$728,000.00View SEC Filing  
11/22/2013Myron Ullman IIICEOBuy112,000$8.95$1,002,400.00View SEC Filing  
11/16/2012Javier G TeruelDirectorBuy126,000$15.98$2,013,480.00View SEC Filing  
8/28/2012Geraldine B LaybourneDirectorBuy1,289$24.82$31,992.98View SEC Filing  
8/21/2012Geraldine B LaybourneDirectorBuy1,433$24.39$34,950.87View SEC Filing  
8/16/2012Michael W KramerCOOBuy4,400$23.74$104,456.00View SEC Filing  
8/14/2012Geraldine B LaybourneDirectorBuy1,432$23.28$33,336.96View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for J C Penney Company (NYSE:JCP)
Latest Headlines for J C Penney Company (NYSE:JCP)
Source:
DateHeadline
finance.yahoo.com logoYahoo being removed from the S&P 500; J.C. Penney demoted to S&P SmallCap 600
finance.yahoo.com - May 26 at 2:40 AM
finance.yahoo.com logoWFRBS Commercial Mortgage Trust 2012-C8 -- Moody's Affirms Fourteen Classes of WFRBS 2012-C8
finance.yahoo.com - May 26 at 2:40 AM
globenewswire.com logoJ. C. Penney Announces Successful Early Tender Offer Results ... - GlobeNewswire (press release)
globenewswire.com - May 24 at 10:59 PM
seekingalpha.com logoWill J.C. Penney File For Bankruptcy And When? - Seeking Alpha
seekingalpha.com - May 24 at 10:59 PM
bizjournals.com logoJ.C. Penney names former Lowe's exec CMO
www.bizjournals.com - May 24 at 5:58 PM
finance.yahoo.com logoQ1 Earnings Fail to Revitalize Retail ETFs
finance.yahoo.com - May 24 at 5:58 PM
finance.yahoo.com logoJ.C. Penney's new chief marketing officer to aid home refresh, omnichannel strategies
finance.yahoo.com - May 24 at 11:22 AM
seekingalpha.com logoJ.C. Penney - Buy, Sell Or Hold? - Seeking Alpha
seekingalpha.com - May 23 at 5:36 PM
americanbankingnews.com logoJ C Penney Company Inc (JCP) Receives Market Perform Rating from CIBC
www.americanbankingnews.com - May 23 at 2:30 PM
finance.yahoo.com logoJCPENNEY APPOINTS MARCI GREBSTEIN AS CHIEF MARKETING OFFICER
finance.yahoo.com - May 23 at 11:03 AM
finance.yahoo.com logoJCPenney closes 138 locations
finance.yahoo.com - May 22 at 5:30 PM
finance.yahoo.com logoAnother Wild Ride From Ulta Beauty After Earnings? What To Expect
finance.yahoo.com - May 22 at 5:30 PM
americanbankingnews.com logoOppenheimer Holdings Inc. Reiterates Market Perform Rating for J C Penney Company Inc (JCP)
www.americanbankingnews.com - May 22 at 2:38 PM
americanbankingnews.com logoJ C Penney Company's (JCP) Neutral Rating Reiterated at Piper Jaffray Companies
www.americanbankingnews.com - May 22 at 10:54 AM
investopedia.com logoJ.C. Penney Starts B2B Unit to Target Hotels (JCP)
www.investopedia.com - May 22 at 10:37 AM
finance.yahoo.com logoJ.C. Penney Starts B2B Unit to Target Hotels
finance.yahoo.com - May 22 at 10:37 AM
finance.yahoo.com logoJ. C. Penney Announces Successful Early Tender Offer Results
finance.yahoo.com - May 22 at 10:37 AM
finance.yahoo.com logo3 Retail Stocks I'd Buy Right Now
finance.yahoo.com - May 22 at 10:37 AM
americanbankingnews.com logoJ C Penney Company's (JCP) "Neutral" Rating Reiterated at B. Riley
www.americanbankingnews.com - May 20 at 10:06 AM
finance.yahoo.com logoJ.C.Penney wants in on the hospitality industry
finance.yahoo.com - May 20 at 9:40 AM
marketwatch.com logoJC Penney to launch B2B services for hotel industry to sell appliances, soft home goods - MarketWatch
www.marketwatch.com - May 19 at 10:47 PM
marketwatch.com logoJC Penney's 'smart' B2B push into hotels is an encouraging sign for investors - MarketWatch
www.marketwatch.com - May 19 at 10:47 PM
investorplace.com logoJ C Penney Company Inc (JCP) Plans to Be Bulk Supplier for Hotels - Investorplace.com
investorplace.com - May 19 at 10:47 PM
finance.yahoo.com logoWhat you need to know from J.C. Penney's annual shareholders meeting
finance.yahoo.com - May 19 at 5:46 PM
investorplace.com logoJ C Penney Company Inc (JCP) Plans to Be Bulk Supplier for Hotels
investorplace.com - May 19 at 11:46 AM
finance.yahoo.com logoEdited Transcript of JCP earnings conference call or presentation 12-May-17 12:30pm GMT
finance.yahoo.com - May 19 at 10:33 AM
finance.yahoo.com logoBrick-and-Mortar Retailing is in Deep Trouble
finance.yahoo.com - May 19 at 10:33 AM
finance.yahoo.com logoJ.C. Penney's new home department sales to outfit hotels, residences
finance.yahoo.com - May 19 at 10:33 AM
finance.yahoo.com logoJCPenney Makes Foray Into Hotel Business
finance.yahoo.com - May 19 at 10:33 AM
finance.yahoo.com logoWeekend roundup: 20 years of Amazon| How retailers are struggling | Should the Social Security age be raised?
finance.yahoo.com - May 19 at 10:33 AM
finance.yahoo.com logoJCPENNEY EMERGES INTO B2B WITH SOLUTIONS THAT CATER TO THE HOSPITALITY AND PROPERTY MANAGEMENT INDUSTRIES
finance.yahoo.com - May 18 at 9:09 AM
finance.yahoo.com logo5 Key Highlights from J.C. Penney's Q1 Earnings Call
finance.yahoo.com - May 18 at 9:09 AM
finance.yahoo.com logoJ.C. Penney to launch B2B services for hotel industry to sell appliances, soft home goods
finance.yahoo.com - May 18 at 9:09 AM
finance.yahoo.com logoThe Impact of JCPenney’s Fiscal 1Q17 Results on JCP Stock
finance.yahoo.com - May 17 at 11:04 PM
finance.yahoo.com logoJCPenney’s Wave of Downgrades after Fiscal 1Q17
finance.yahoo.com - May 17 at 11:04 PM
finance.yahoo.com logoWhy JCPenney’s Sales Were Unimpressive in Fiscal 1Q17
finance.yahoo.com - May 17 at 11:04 PM
finance.yahoo.com logoWhy JCPenney’s Operating Margin Declined in Fiscal 1Q17
finance.yahoo.com - May 17 at 11:04 PM
finance.yahoo.com logoHow JCPenney’s Valuation Looks after Its 1Q17 Results
finance.yahoo.com - May 17 at 11:04 PM
finance.yahoo.com logoJ.C. Penney Remains in a Major Downtrend
finance.yahoo.com - May 17 at 11:04 PM
finance.yahoo.com logoAt SALT, One of the Richest Real Estate Investors Alive Is Still Pitching Gloom and Doom
finance.yahoo.com - May 17 at 11:04 PM
americanbankingnews.com logoJ C Penney Company Inc (JCP) Given Market Perform Rating at BMO Capital Markets
www.americanbankingnews.com - May 17 at 11:02 PM
americanbankingnews.com logoQ3 2018 EPS Estimates for J C Penney Company Inc Decreased by Analyst (JCP)
www.americanbankingnews.com - May 17 at 12:30 PM
americanbankingnews.com logoB. Riley Brokers Reduce Earnings Estimates for J C Penney Company Inc (JCP)
www.americanbankingnews.com - May 17 at 12:02 PM
americanbankingnews.com logoJ C Penney Company Inc (JCP) Downgraded to Sell at TheStreet
www.americanbankingnews.com - May 17 at 10:21 AM
marketwatch.com logoJC Penney's stock drops after analyst gives up on bullish stance - MarketWatch
www.marketwatch.com - May 16 at 5:56 PM
benzinga.com logoJC Penney, Twilio Top The Hottest Stocks Among Short Sellers - Benzinga
www.benzinga.com - May 16 at 5:56 PM
americanbankingnews.com logoJ C Penney Company Inc (JCP) Upgraded at ValuEngine
www.americanbankingnews.com - May 16 at 4:00 PM
americanbankingnews.com logoFY2019 EPS Estimates for J C Penney Company Inc (JCP) Increased by Analyst
www.americanbankingnews.com - May 16 at 1:26 PM
americanbankingnews.com logoBrokers Set Expectations for J C Penney Company Inc's Q2 2018 Earnings (JCP)
www.americanbankingnews.com - May 16 at 11:26 AM
finance.yahoo.com logoJC Penney boasts long lines at Sephora, but it can't succeed without an apparel fix
finance.yahoo.com - May 16 at 10:58 AM

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Chart

J C Penney Company (JCP) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff