JC Penney Co Inc (JCP)

JCP (NYSE:Retail) EQUITY
$10.44
pos +0.42
+4.19%
Today's Range: 10.01 - 10.46 | JCP Avg Daily Volume: 15,166,400
Last Update: 12/07/16 - 4:01 PM EST
Volume: 19,514,937
YTD Performance: 50.45%
Open: $10.04
Previous Close: $10.02
52 Week Range: $6.00 - $11.99
Oustanding Shares: 308,299,673
Market Cap: 3,039,834,776
6-Month Chart
TheStreet Ratings Grade for JCP
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 8 7 7 7
Moderate Buy 0 0 0 0
Hold 6 7 7 5
Moderate Sell 0 0 0 0
Strong Sell 3 3 3 3
Mean Rec. 2.41 2.53 2.53 2.47
Latest Dividend: 0.20
Latest Dividend Yield: 0.00%
Dividend Ex-Date: 04/05/12
Price Earnings Ratio: -9.39
Price Earnings Comparisons:
JCP Sector Avg. S&P 500
-9.39 0.00 0.00
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
6.14% 24.32% 24.01%
GROWTH 12 Mo 3 Yr CAGR
Revenue 3.00 0.00 -0.01
Net Income 0.00 -0.50 0.00
EPS 0.00 -0.60 0.00
Earnings for JCP:
EBITDA 0.61B
Revenue 12.63B
Average Earnings Estimates
Qtr (01/17) Qtr (04/17) FY (01/17) FY (01/18)
Average Estimate $0.64 $-0.18 $0.05 $0.64
Number of Analysts 13 7 12 12
High Estimate $0.74 $-0.13 $0.15 $0.93
Low Estimate $0.54 $-0.28 $-0.04 $0.05
Prior Year $0.39 $-0.32 $-1.03 $0.05
Growth Rate (Year over Year) 64.30% 43.30% 104.53% 1,275.00%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
I have covered today's bank shorts -- for a small loss.   I have had an excellent 2016 and since I can't explain today's gain .... …

Today's Trades Real Money Pro($)

I have been active this morning. I have added to my Campbell Soup  (CPB) and JC Penney  (JCP) longs. I covered a portion …
From AutoZone to Western Digital, the news for all of these names definitely looks good.
This week's Subscriber Comments of the Week are an exchange I had yesterday with one of my favorite subs and great analyst, Kim G.

JC Penney Update Real Money Pro($)

As seen below, JC Penney (JCP) is beginning to gather some momentum.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar has weakened considerably. The price of crude oil was down by about two bits to $51.45. Gold fell by another $4 to $1,174. Ag commodities got a lift: wheat up $0.04, corn up $0.11, soybeans up $0.16, oats down $0.15. Lumber down $2. Bonds, the object of my affection today ("Trade of the Week"), reversed from early morning lows. After yields rose by more than 4 basis points on the 10-year, the close was relatively flat. TLT slipped $1.20 from Friday's close, ending the day slightly higher. Bravo! Municipal bonds sold off. But closed-end muni-bond funds got a lift (e.g., Eaton Vance Municipal Incm 2028 Term (ETX) and Blackrock Taxable Municipal Bond Trust (BBN) ) -- hard to explain why, though! The 2s/10s spread dropped by two basis points to 127 basis points. Banks, stated simply, are continuing to be the "world's fair" -- regardless of what rates do. Short Bank of America (BAC) , Citigroup (C) and JP Morgan Chase (JPM) (all small). Brokerages bullish -- led by Goldman Sachs (GS) (on a late HSBC (HSBC) buy upgrade today, seriously??!!!). But insurance lagged, though my long Hartford Financial (HIG) was modestly higher. Auto stocks stalled. I am still small short General Motors (GM) and Ford (F) . Retail was stronger -- with upside leadership from Nordstrom (JWN)  , Best Buy (BBY)  , Foot Locker (FL)  , Nike (NKE) and Urban Outfitters (URBN) . JC Penney (JCP)
Sears will be making some headlines later this week.
Plus other sectors to watch in this rotation.

Penney Catches an Upgrade Real Money Pro($)

This morning Bank of America has upgraded its rating on JC Penney (JCP) from neutral to buy.
Bullish
Dec 02, 2016 | 7:23 AM EST
JCP was upgraded from Neutral to Buy, Bank of America/Merrill Lynch said. $12 price target. Company can improve the balance sheet with ...

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Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.