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See what the IHS Markit Score report has to say about J C Penney Company Inc.

IHS Markit

J C Penney Company Inc

NYSE:JCP

View full report here!

Summary

  • Perception of the company's creditworthiness is negative but improving
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is high
  • Economic output in this company's sector is expanding

Bearish sentiment

Short interest | Negative

Short interest is extremely high for JCP with more than 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting JCP.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding JCP are favorable with net inflows of $72.04 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText

Economic sentiment

PMI by IHS Markit | Positive

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating.

Credit worthiness

Credit default swap | Negative

The current level displays a negative indicator with a strengthening bias over the past 1-month. Although JCP credit default swap spreads are decreasing, they remain near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.

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