J.C. Penney Company, Inc. Holding Company Company Profile (NYSE:JCP)

J.C. Penney Company, Inc. Holding Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "JCP."

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.

J.C. Penney Company, Inc. Holding Company is scheduled to release their next quarterly earnings announcement on Thursday, November, 9th 2017. View Earnings Estimates for J.C. Penney Company, Inc. Holding Company.

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.

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.

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)

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.

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).

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

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.

One share of J.C. Penney Company, Inc. Holding Company stock can currently be purchased for approximately $3.61.