About J C Penney (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
Industry Department Stores
SectorCyclical Consumer Goods & Services
Trailing P/E Ratio-6.37704918032787
Forward P/E Ratio38.90
Sales & Book Value
Annual Sales$12.55 billion
Price / Sales0.10
Cash Flow$1.97 per share
Price / Cash1.97
Book Value$4.39 per share
Price / Book0.89
Net Income$1 million
Return on Equity7.60%
Return on Assets1.04%
J C Penney (NYSE:JCP) Frequently Asked Questions
What is J C Penney's stock symbol?
J C Penney trades on the New York Stock Exchange (NYSE) under the ticker symbol "JCP."
How were J C Penney's earnings last quarter?
J C Penney Company Inc (NYSE:JCP) announced its quarterly earnings results on Friday, November, 10th. The department store operator reported ($0.33) EPS for the quarter, beating the Zacks' consensus estimate of ($0.43) by $0.10. The department store operator had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.77 billion. J C Penney had a positive return on equity of 7.60% and a negative net margin of 1.43%. The business's revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the firm posted ($0.21) earnings per share. View J C Penney's Earnings History.
When will J C Penney make its next earnings announcement?
What guidance has J C Penney issued on next quarter's earnings?
J C Penney updated its FY18 earnings guidance on Friday, November, 10th. The company provided EPS guidance of $0.02-0.08 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.06.
Where is J C Penney's stock going? Where will J C Penney's stock price be in 2018?
18 Wall Street analysts have issued 12-month price objectives for J C Penney's shares. Their forecasts range from $2.75 to $9.00. On average, they anticipate J C Penney's stock price to reach $4.55 in the next year. View Analyst Ratings for J C Penney.
What are Wall Street analysts saying about J C Penney stock?
Here are some recent quotes from research analysts about J C Penney stock:
- 1. According to Zacks Investment Research, "Shares of J. C. Penney have underperformed the industry in the past three months, in spite of posting better-than-expected third-quarter fiscal 2017 results. Tough retail landscape, stiff online competition and waning mall traffic along with high debt level remain concerns. This is also evident from the trimmed forecast for the full year. 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 look promising. The big take away from the quarter was rise in comps that marked the best quarterly performance since fiscal 2016. Top line surpassed the estimate for the second successive quarter, while the bottom line beat the consensus mark after missing the same in the preceding quarter. Estimates have been stable lately." (12/26/2017)
- 2. Citigroup Inc analysts commented, "gained traction in any cohesive way," and the likelihood of any improvements in an already difficult environment is unlikely.For the most part, the company's strategy of focusing on home goods and appliances for the past year and a half has boosted comps by 200 to 300 basis points, the analyst said. However, this also implies that the rest of the business has weakened over the same time period. Also, big-ticket appliance sales come with a weaker margins profile and also sends a mixed message to apparel, accessories and footwear consumers, which accounted for 80 percent of sales in 2016."Do women think of buying clothes at the same place they buy a fridge?" (10/30/2017)
Are investors shorting J C Penney?
J C Penney saw a increase in short interest during the month of December. As of December 29th, there was short interest totalling 132,423,255 shares, an increase of 3.0% from the December 15th total of 136,527,561 shares. Based on an average trading volume of 13,230,976 shares, the days-to-cover ratio is presently 10.0 days. Currently, 45.6% of the company's stock are sold short.
Who are some of J C Penney's key competitors?
Some companies that are related to J C Penney include Kate Spade & Co (KATE), Redrow (RDW), Etsy (ETSY), WH Smith (SMWH), Cooper-Standard (CPS), Sally Beauty (SBH), Dixons Carphone (DC), La Quinta (LQ), Cheesecake Factory (CAKE), Meritor (MTOR), American Axle & Manufact. (AXL), Masonite International (DOOR), American Woodmark (AMWD), Diamond Resorts International (DRII), Rush Enterprises (RUSHA), Cooper Tire & Rubber (CTB), Papa John's Int'l (PZZA) and Bloomin' Brands (BLMN).
Who are J C Penney's key executives?
J C Penney's management team includes the folowing people:
- Marvin R. Ellison, Chairman of the Board, Chief Executive Officer (Age 52)
- Jeffrey Davis, Chief Financial Officer, Executive Vice President (Age 54)
- Therace M. Risch, Executive Vice President, Chief Information Officer (Age 44)
- Janet M. Link, Executive Vice President, General Counsel (Age 47)
- Brynn L. Evanson, Executive Vice President - Human Resources (Age 47)
- Michael Amend, Executive Vice President - Omnichannel (Age 39)
- Joseph Michael Mcfarland III, Executive Vice President - Stores (Age 47)
- Michael Robbins, Executive Vice President - Supply Chain (Age 51)
- Andrew S. Drexler, Senior Vice President, Chief Accounting Officer, Controller (Age 46)
- Ronald William Tysoe, Lead Independent Director (Age 64)
Who owns J C Penney stock?
J C Penney's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Schwab Charles Investment Management Inc. (1.30%) and Creative Planning (0.04%). Company insiders that own J C Penney stock include Javier G Teruel, Jeffrey A Davis, John Joseph Tighe III, Marvin R Ellison, Paul J Brown and Ronald W Tysoe. View Institutional Ownership Trends for J C Penney.
Who sold J C Penney stock? Who is selling J C Penney stock?
Who bought J C Penney stock? Who is buying J C Penney stock?
J C Penney's stock was acquired by a variety of institutional investors in the last quarter, including Schwab Charles Investment Management Inc.. Company insiders that have bought J C Penney stock in the last two years include Javier G Teruel, Jeffrey A Davis, Marvin R Ellison, Paul J Brown and Ronald W Tysoe. View Insider Buying and Selling for J C Penney.
How do I buy J C Penney stock?
Shares of J C Penney can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is J C Penney's stock price today?
One share of J C Penney stock can currently be purchased for approximately $3.89.
How big of a company is J C Penney?
J C Penney has a market capitalization of $1.21 billion and generates $12.55 billion in revenue each year. The department store operator earns $1 million in net income (profit) each year or ($0.61) on an earnings per share basis. J C Penney employs 106,000 workers across the globe.
How can I contact J C Penney?
J C Penney's mailing address is 6501 Legacy Dr, PLANO, TX 75024-3698, United States. The department store operator can be reached via phone at +1-972-2431100 or via email at [email protected]
MarketBeat Community Rating for J C Penney (JCP)MarketBeat's community ratings are surveys of what our community members think about J C Penney 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.
J C Penney (NYSE:JCP) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||1.89||1.89||2.16||2.15|
|Ratings Breakdown: ||2 Sell Rating(s)|
16 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
16 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
14 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
15 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$4.55||$4.38||$5.77||$6.68|
|Price Target Upside: ||14.61% upside||23.82% upside||34.78% upside||44.59% upside|
J C Penney (NYSE:JCP) Consensus Price Target History
J C Penney (NYSE:JCP) Analyst Ratings History
(Data available from 1/17/2016 forward)
J C Penney (NYSE:JCP) Earnings History and Estimates Chart
J C Penney (NYSE JCP) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/10/2017||Q3 2018||($0.43)||($0.33)||$2.77 billion||$2.81 billion||View||N/A|
|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|
J C Penney (NYSE:JCP) Earnings Estimates
2018 EPS Consensus Estimate: $0.07
2019 EPS Consensus Estimate: $0.23
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for J C Penney (NYSE:JCP)
No dividend announcements for this company have been tracked by MarketBeat.com
J C Penney (NYSE JCP) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.02%
Institutional Ownership Percentage: 72.73%
J C Penney (NYSE JCP) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|8/22/2017||Javier G Teruel||Director||Buy||135,135||$3.64||$491,891.40||518,970|| |
|8/22/2017||Jeffrey A Davis||CFO||Buy||50,000||$3.62||$181,000.00||72,645|| |
|8/21/2017||Paul J Brown||Director||Buy||25,000||$3.62||$90,500.00||68,123|| |
|8/18/2017||Marvin R Ellison||Chairman||Buy||100,000||$3.48||$348,000.00||2,852,280|| |
|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||2,557,317|| |
|5/17/2016||Ronald W Tysoe||Director||Buy||25,000||$7.24||$181,000.00||68,469|| |
|3/9/2016||Marvin R Ellison||CEO||Buy||50,000||$11.80||$590,000.00||2,507,317|| |
|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||112,000|| |
|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|| |
J C Penney (NYSE JCP) News Headlines
J C Penney (NYSE:JCP) SEC Filings
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J C Penney (NYSE:JCP) Income Statement, Balance Sheet and Cash Flow Statement
J C Penney (NYSE JCP) Stock Chart for Wednesday, January, 17, 2018