NYSE:JCP - J C Penney Stock Price, Price Target & More

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$2.50 -0.06 (-2.34 %)
(As of 07/22/2018 04:00 PM ET)
Previous Close$2.50
Today's Range$2.47 - $2.6150
52-Week Range$2.25 - $5.63
Volume12.45 million shs
Average Volume11.32 million shs
Market Capitalization$785.73 million
P/E Ratio11.36
Dividend YieldN/A
Beta0.71
J C Penney logoJ. C. Penney Company, Inc., through its subsidiary J. C. Penney Corporation, Inc., sells merchandise through department stores. The company primarily sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, home furnishings, and large appliances; and provides services, including styling salon, optical, portrait photography, custom decorating, and home services. As of February 3, 2018, it operated 872 department stores in 49 states of the United States and Puerto Rico. The company also sells its products through its Website, jcpenney.com. J. C. Penney Company, Inc. was founded in 1902 and is based in Plano, Texas.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Department stores
Sub-IndustryDepartment Stores
SectorRetail/Wholesale
SymbolNYSE:JCP
CUSIP70816010
Phone972-431-1000

Debt

Debt-to-Equity Ratio3.31
Current Ratio1.73
Quick Ratio0.21

Price-To-Earnings

Trailing P/E Ratio11.36
Forward P/E Ratio
P/E GrowthN/A

Sales & Book Value

Annual Sales$12.51 billion
Price / Sales0.06
Cash Flow$2.0492 per share
Price / Cash1.22
Book Value$4.43 per share
Price / Book0.56

Profitability

EPS (Most Recent Fiscal Year)$0.22
Net Income$-116,000,000.00
Net Margins-0.11%
Return on Equity-1.62%
Return on Assets-0.24%

Miscellaneous

Employees98,000
Outstanding Shares314,290,000
Market Cap$785.73

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) posted its quarterly earnings results on Thursday, May, 17th. The department store operator reported ($0.22) EPS for the quarter, meeting the consensus estimate of ($0.22). The department store operator had revenue of $2.58 billion for the quarter, compared to analysts' expectations of $2.62 billion. J C Penney had a negative net margin of 0.11% and a negative return on equity of 1.62%. J C Penney's revenue was down 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.01 EPS. View J C Penney's Earnings History.

When is J C Penney's next earnings date?

J C Penney is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for J C Penney.

What guidance has J C Penney issued on next quarter's earnings?

J C Penney updated its FY19 earnings guidance on Thursday, May, 17th. The company provided earnings per share (EPS) guidance of ($0.07)-$0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.17.

What price target have analysts set for JCP?

16 analysts have issued 12 month target prices for J C Penney's stock. Their forecasts range from $2.50 to $9.00. On average, they expect J C Penney's share price to reach $3.7115 in the next twelve months. This suggests a possible upside of 48.5% from the stock's current price. View Analyst Ratings for J C Penney.

What is the consensus analysts' recommendation for J C Penney?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for J C Penney in the last year. There are currently 2 sell ratings and 14 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

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, "J. C. Penney commenced fiscal 2018 on a dismal note after the company slipped to loss in the first quarter against earnings in the previous quarter. Further, the top line not only missed estimates but also declined year over year. A contraction in gross margin also add to the woes. Cumulatively, these compelled management to slash fiscal 2018 projections. Consequently, the stock further came under pressure that has not only declined but underperformed the industry in the past three months. However, a new loyalty program along with remodeling, renovation and refurbishment of stores with focus on enhancing the reach of national and especially private-label brands bodes well. Management stated that it is focusing on transforming the company from a brick-and-mortar retailer to omni-channel. Moreover, the company’s merchandise initiatives buoy optimism." (7/18/2018)
  • 2. Guggenheim analysts commented, "We lower our FY18/19 ests. to reflect a more conservative view on op. margin improvement. JCP also announced strategic realignment/expense reduction actions (360 job cuts; JCP ests. ~$20-25mn annual cost savings). We remain NEUTRAL." (3/2/2018)
  • 3. 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 June. As of June 29th, there was short interest totalling 138,924,843 shares, an increase of 3.4% from the June 15th total of 134,323,759 shares. Based on an average daily volume of 14,517,734 shares, the days-to-cover ratio is presently 9.6 days. Approximately 47.4% of the company's shares are sold short. View J C Penney's Current Options Chain.

Who are some of J C Penney's key competitors?

Who are J C Penney's key executives?

J C Penney's management team includes the folowing people:
  • Mr. Jeffrey A. Davis, Exec. VP & CFO (Age 55)
  • Mr. Andrew S. Drexler, Sr. VP, Chief Accounting Officer & Controller (Age 47)
  • Ms. Therace M. Risch, Exec. VP and Chief Information & Digital Officer (Age 45)
  • Mr. Michael Robbins, Exec. VP of Supply Chain (Age 52)
  • Ms. Brandy L. Treadway J.D., Sr. VP & Gen. Counsel (Age 43)

Has J C Penney been receiving favorable news coverage?

News coverage about JCP stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. J C Penney earned a media sentiment score of 0.14 on Accern's scale. They also gave media headlines about the department store operator an impact score of 45.61 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.

Who are J C Penney's major shareholders?

J C Penney's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Municipal Employees Retirement System of Michigan (0.03%). Company insiders that own J C Penney stock include Javier G Teruel, Jeffrey A Davis, John Joseph Tighe III, Marvin R Ellison and Paul J Brown. View Institutional Ownership Trends for J C Penney.

Which major investors are selling J C Penney stock?

JCP stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for J C Penney.

How do I buy shares of J C Penney?

Shares of JCP 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 JCP stock can currently be purchased for approximately $2.50.

How big of a company is J C Penney?

J C Penney has a market capitalization of $785.73 million and generates $12.51 billion in revenue each year. The department store operator earns $-116,000,000.00 in net income (profit) each year or $0.22 on an earnings per share basis. J C Penney employs 98,000 workers across the globe.

How can I contact J C Penney?

J C Penney's mailing address is 6501 LEGACY DRIVE, PLANO TX, 75024. The department store operator can be reached via phone at 972-431-1000 or via email at [email protected]


MarketBeat Community Rating for J C Penney (NYSE JCP)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  693 (Vote Outperform)
Underperform Votes:  1,117 (Vote Underperform)
Total Votes:  1,810
MarketBeat's community ratings are surveys of what our community members think about J C Penney and other stocks. Vote "Outperform" if you believe JCP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe JCP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

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