|Bid||3.76 x 55700|
|Ask||3.77 x 40100|
|Day's Range||3.62 - 3.78|
|52 Week Range||3.31 - 10.74|
|PE Ratio (TTM)||-9.87|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
From a fundamental perspective, there appears to be a case for J C Penney Company Inc (NYSE:JCP) stock. The JCPenney stock price has fallen 58% so far this year. The problem is that this remains a business likely to decline going forward, even if that decline doesn’t come this year.
U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures. Retailers including Macy's Inc and J.C. Penney have said they will hire the same or fewer seasonal workers for the holidays this year than last, while some, like Wal-Mart Stores Inc, have chosen not to hire temporary workers at all.
J.C. Penney Co. Inc. said Thursday that it will launch sales of smartwatches for the holidays, starting October 30. Brands will include Samsung, LG and Garmin. Wearables will be priced in the range of ...
Here are three reasons why the worst may be over for JCP stock, setting the stage for a big rebound. In the case of J C Penney, the company has quite a few years left to fight because of its strong debt position.
It has been a long time since J C Penney Company Inc (NYSE:JCP) investors had anything to cheer about. JCP stock is down roughly 58% so far this year, sales continue to founder, operating margins remain weak and the company appears to have no clear path to recovery. JCP stock bulls might point to next month’s quarterly earnings report as a sign of potential hope.
Nordstrom (NYSE: JWN) stock tumbled on Monday after word came that the department store chain was suspending its plans to go private. The company had explored a partnership with private equity firm Leonard ...
Department stores JCPenney (JCP), Macy’s (M), Nordstrom (JWN), and Kohl’s (KSS) have “hold” ratings from a majority of analysts right now.
“It’s all inside” at JC Penney Company Inc (NYSE:JCP), and for JCP stock investors that has been less than good news for a very long time. It has been an awful few years for JCP stock. The way consumers shop is largely owned by Amazon.com, Inc. (NASDAQ:AMZN), Wal-Mart Stores Inc (NYSE:WMT) and Target Corporation (NYSE:TGT).
There is a chill in the air, and even though Halloween is several weeks away, Americans are starting to think about holiday shopping, as retailers complete their hiring plans.
J.C. Penney's shrinking market valuation is a sign that experts believe that holiday sales may be poor enough that the struggling retailer will have to sharply cut its store count and employee levels once ...
Personally speaking, J C Penney Company Inc (NYSE:JCP) is a painful lesson in market timing: You can have the right argument and still lose the debate. Several years ago, I bought put options against the retailer, assuming that the JCP stock price would fall dramatically. For quite some time, JCPenney stock proved doubters wrong.
The company is ramping up efforts as it gears itself for Christmas, Black Friday and all the other holiday shopping that is coming in the next couple of months. The 120,000 jobs it will add will equal the amount of new workers it brought in for a few months. Industry surveys predict that shoppers will spend more money this year than they did in 2016 on holiday shopping.
Rating Action: Moody's Affirms Ten and Downgrades Two Classes of WFRBS 2012- C10. Global Credit Research- 13 Oct 2017. Approximately $1.09 Billion of Structured Securities Affected.
Minnesota-based Target Corp. (TGT) will hire 1,500 seasonal employees in the Houston area — and 6,000 across Texas. The company is holding 1,816 simultaneous hiring events Oct. 13-15 from 10 a.m. to 6 p.m. at Target stores nationwide.
Shares of J.C. Penney Co. Inc. tumbled 2.6% toward another record low in active trade Thursday, amid broad weakness in the retail sector after apparel retailer J.Jill Inc.'s profit warning. About 13.8 ...
Earlier this month, J C Penney Company Inc (NYSE:JCP) hit a new 52-week low. It was just below the previous low hit in mid-August, and JCP stock is now down 58% on the year. At some point, it may be worthwhile buying the stock, but is it now?Source: Mike Mozart via Flickr (Modified)
Rating Action: Moody's Affirms Six and Downgrades Three Classes of COMM 2005- LP5. Global Credit Research- 12 Oct 2017. Approximately $82.2 Million of Structured Securities Affected.
J C Penney Company Inc. (NYSE:JCP) is a dicey proposition for investors and with good reason.Source: Mike Mozart via Flickr (Modified)
Some big brick and mortar retailers like Macy's and JC Penney are have trouble hiring for the holiday season. Yahoo Finance's Alexis Christoforous and Myles Udland discuss with Mark Martiak of Senior Wealth Strategist at Premier Wealth First Allied Securities discuss.