|Bid||1.2700 x 45900|
|Ask||1.2900 x 46000|
|Day's Range||1.2500 - 1.3300|
|52 Week Range||0.9200 - 3.2000|
|Beta (3Y Monthly)||2.08|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 21, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.45|
Limit orders and stop orders tell your broker how you want to fill your trades. A limit order sets the maximum or minimum price at which you are willing to buy or sell. A stop order will be executed only when the stop price is reached.
The retail scene has changed dramatically over the past several years, thanks to technology. Some retailers haven't changed with it, so their stocks have either already made their way or are making their way to the graveyard. See Sears and J.C. Penney (NYSE:JCP).Source: Shutterstock Other retailers, though, have changed with the times, and those retailers are succeeding in today's new retail world, which is defined by digitization, personalization, and unprecedented convenience for customers. * 7 Stocks to Buy for Spring Season Growth The traditional retailer that has adapted best to the rapidly changing retail scene is Walmart (NYSE:WMT). That's why Walmart stock is up 50% over the past three years, broadly outpacing the S&P 500's 40% gain during that same stretch, despite the huge headwinds facing the retail industry.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWMT's successful initiatives will enable Walmart stock to continue to outperform. In short, there was old Walmart, which was a really big retailer with old stores and low prices. Now there's new Walmart, which is still a really big retailer, but significantly more dynamic with fresher stores, a bigger digital presence, a robust omnichannel business, and much, much more. New Walmart is a winning Walmart. As long as new WMT continues to gain traction, Walmart stock will continue to rally.Right now, new WMT is still gaining traction. The retailer's latest innovation is a subscription-service partnership with KIDBOX that allows Walmart.com shoppers to order personalized, curated kids' clothing boxes up to six times a year for roughly $50 per box. It's a genius move that aligns Walmart with the personalization, curation, and subscription delivery trends that are becoming more prevalent in the retail world.The more genius moves like this that Walmart makes, the better Walmart's numbers will get, and the higher Walmart stock will go. It's that simple. And, if this dynamic plays out as expected, WMT stock should near $110 this year. New Walmart Is Winning And Boosting Walmart StockIn the big picture, there's old Walmart and new Walmart. Old Walmart is what Walmart was at the beginning of this decade - a huge brick-and-mortar retailer with low prices, old stores, a largely undifferentiated product mix, an essentially non-existent digital presence, and zero omnichannel capabilities.New Walmart is what WMT has turned into in recent years; it's still the world's largest retailer with low prices and a huge brick-and-mortar presence.But those brick-and-mortar stores have been given a much-needed facelift. WMT's product mix has become exceptionally differentiated through partnerships with brands like Lord & Taylor. Its digital business has become very big and is still growing very quickly (WMT's digital sales jumped 43% last quarter). Moreover, Walmart now has numerous omnichannel capabilities, including grocery pick-up and delivery.In other words, WMT has adapted as the retail world has dramatically changed during the course of this decade. These adaptations have kept WMT relevant in the retail world and actually allowed it to take share from other traditional retailers that didn't adapt. Consequently, Walmart has reported positive comparable sales growth in every quarter since the second quarter of 2015, a streak that is very rare among retailers.WMT will continue growing at healthy rates because new Walmart is a winning Walmart. Walmart is now successfully aligned with every positive trend in retail, from digital to subscriptions to personalization. As a result, its comparable-sales growth will continue to be positive for the foreseeable future, and this healthy growth will ultimately drive WMT stock meaningfully higher. The Valuation of WMT Stock Leaves Room for UpsideAt the present moment, the valuation of Walmart stock has room to expand as the company's operations continue to improve.Over the past several years, WMT has reported comparable-sales growth in the low-to-mid-single-digit-percentage range. Its comp sales should largely continue to grow at similar rates, driven by continued retail innovation, digital-business expansion, and, potentially, the growth of its digital-ad business. As a result, Walmart's top line should rise by low-to-mid-single-digit-percentage levels for the foreseeable future.The company's margins won't expand by a ton, but they should improve, as the company's relatively new India-based e-commerce unit, Flipkart, grows and its margins increase. Plus, if digital ads become a meaningful revenue source for WMT, they should push its margins higher. That's what's happening at Amazon (NASDAQ:AMZN).Putting all that together, WMT's earnings per share should reach roughly $7.50 by fiscal 2025. Based on a forward price-earnings multiple of 20, which is average for consumer-discretionary stocks, that implies a fiscal 2024 price target for WMT stock of $150. Discounted back by 8% per year (below my customary 10% discount rate to account for the 2% dividend yield of Wal Mart stock), that equates to a fiscal 2020 price target for WMT stock of $110. The Bottom Line on Walmart StockWalmart reinvented itself over the course of this decade and is arguably more relevant to consumers and the retail world than ever before. The benefits of this reinvention are far from over, and WMT stock remains on track to hit $110 in 2019.As of this writing, Luke Lango was long WMT and AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for Spring Season Growth * This Is How You Beat Back a Bear Market * 7 Dental Stocks to Buy That Will Make You Smile Compare Brokers The post The New Walmart Is a Winning Walmart, So Investors Should Buy Walmart Stock appeared first on InvestorPlace.
PLANO, Texas - (April 17, 2019) - J. C. Penney Company, Inc. (JCP) today announced the appointment of several highly talented and accomplished senior executives to their team of retail experts. Among those joining the organization is Steve Whaley who has been named senior vice president, principal accounting officer and controller, reporting to Bill Wafford, executive vice president, chief financial officer, effective April 29. Whaley joins JCPenney with over 35 years of accounting and audit leadership experience.
Owner of failing mall pleads for more time in bankruptcy court as it puts together a redevelopment plan for near empty complex
PLANO, Texas - (April 15, 2019) - In accordance with the New York Stock Exchange rules regarding equity inducement awards, J. C. Penney Company, Inc. (JCP) announced that on April 11, 2019, an equity inducement award of 1,209,678* restricted stock units (RSUs) was granted to Bill Wafford, the Company`s chief financial officer, in connection with the commencement of his employment. The Company previously disclosed this award in connection with the announcement of Wafford`s appointment on March 26. Of the RSUs comprising Wafford`s inducement award, 806,452 RSUs will vest in thirds on the first, second and third anniversaries, respectively, of the grant date, and 403,226 RSUs will vest in full on the third anniversary of the grant date, provided in each case that Wafford remains continuously employed with the Company through those dates.
The ratings on the nine principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.0% of the current pooled balance, compared to 4.5% at Moody's last review. Moody's base expected loss plus realized losses is now 3.4% of the original pooled balance, compared to 4.3% at the last review.
The ratings on the P&I classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.5% of the current pooled balance, compared to 4.6% at Moody's last review. Moody's base expected loss plus realized losses is now 4.4% of the original pooled balance, compared to 4.5% at the last review.
PLANO, Texas - (April 11, 2019) - In accordance with the New York Stock Exchange rules regarding equity inducement awards, J. C. Penney Company, Inc. (JCP) announced that on April 11, 2019, an equity inducement award of 1,200,000 restricted stock units (RSUs) was granted to Bill Wafford, the Company`s chief financial officer, in connection with the commencement of his employment. The Company previously disclosed this award in connection with the announcement of Wafford`s appointment on March 26. Of the RSUs comprising Wafford`s inducement award, 800,000 RSUs will vest in thirds on the first, second and third anniversaries, respectively, of the grant date, and 400,000 RSUs will vest in full on the third anniversary of the grant date, provided in each case that Wafford remains continuously employed with the Company through those dates.
Why KeyBanc Upgraded Nordstrom StockRating upgradeNordstrom (JWN) stock rose 1.7% on April 10 after KeyBanc upgraded its rating to an “overweight” from a “sector weight.” Recent meetings between KeyBanc and Nordstrom’s copresident, Erik
At the dawn of the 20th century, U.S. Steel (NYSE:X) was the world's most powerful company, the first one to be worth $1 billion. As recently as 2008, the stock was worth over $186 per share. * 10 Dow Jones Stocks Holding the Blue Chip Index Back U.S. Steel stock will open for trade April 10 at under $18 per share, after another fall of 10% that some traders may see as a "buy" level, but long-term investors should recognize for what it is -- a bear trap.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe cave of this bear looks very cozy. The price-to-earnings ratio of the stock right now is 2.84. It had $6.25 per share of earnings last year, as tariffs on imported steel forced buyers to take its sheet. Revenues were up nearly 16% -- after a 19% gain the previous year -- to $14.18 billion. The market cap is $3 billion, meaning it trades like JC Penney (NYSE:JCP) while performing like Alphabet (NASDAQ:GOOGL). What Could Go Wrong?The difference between US Steel and Google is that demand for steel has peaked, while demand for data keeps rising.Developing economies see steel the way your grandfather saw gold. In countries like China, steel represents independence -- and power. Nations feel they must have steel to prove they are nations, so many countries make it.But demand has leveled off. U.S. Steel itself is worried about its European operations, even while tariffs keep the price of steel here high. Demand in China is contracting. The primary market for sheet steel is in making cars, and car builders today want lighter vehicles which means, in the words of The Graduate, "plastics".Then there is technology. Coal and iron ore aren't the only way to make steel. You can also make new steel from old steel. That's what Nucor (NYSE:NUE), now the largest U.S. steel producer, does. The third-largest, Steel Dynamics (NASDAQ:STLD), was founded by former Nucor executives.U.S. Steel hasn't kept up with technology. It makes steel the old-fashioned way. It does seek ways to reduce costs, which is why it now wants to frack for natural gas under one of its mills.This makes sense. Pennsylvania was the home of the U.S. oil industry during the Civil War. It was this energy, along with iron ore from Minnesota, that made the steel industry blossom in Pittsburgh, while staining the sky black.Neighbors are not amused. Pittsburgh has spent 50 years bringing its air and water back, becoming a medical technology and headquarters town. Folks aren't anxious to go back. Oceans Rise, Empires FallAnalysts can read the trends, and those at Credit Suisse Group (NYSE:CS) are unequivocal.Get out of U.S. Steel. Analyst Curt Woolworth has cut his rating on U.S. Steel stock twice this year, to "underperform" and now sees a "sheet tsunami" in the form of low-cost, hot-rolled coil focused sheet steel hitting the U.S. market in 2021 and 2022.This will cut prices from $700 per ton to $610 per ton. Since, even in good times like last year, U.S. Steel had operating income of $950 million on that $14.18 billion of revenue, about 6.6%, its profits could be wiped out. The Bottom Line on U.S. Steel StockThe latest fall in U.S. Steel stock means it is, in technicians' terms, "oversold".Based on any rational metric, like its PE ratio or sales, the stock is dirt cheap.The tell is the dividend, which is 5 cents per share. It hasn't changed since 2009. Despite having $1 billion in the bank, and a debt-to-assets ratio of 20%, the dividend isn't changing. * 7 Stocks With a Lot on the Line This Earnings Season U.S. Steel managers can read a weather forecast and are battening down the hatches.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Best Dividend Stocks to Buy for Every Investor * 7 Catalysts That Will Send Marijuana Stocks Soaring in 2019 * 8 Risky Stocks to Watch as Earnings Season Kicks Off Compare Brokers The post Should You Buy United States Steel on This Dip? appeared first on InvestorPlace.
Moody's rating action reflects a base expected loss of 19.8% of the current pooled balance, compared to 64.3% at Moody's last review. Please see www.moodys.com for any updates on changes to the lead rating analyst and to the Moody's legal entity that has issued the rating.
J C Penney Company Inc NYSE:JCPView 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 sentimentShort interest | NegativeShort 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 flowETF/Index ownership | PositiveETF 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 sentimentPMI by IHS Markit | PositiveAccording 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 worthinessCredit default swap | NegativeThe 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.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Dillard's (DDS) is putting up a good show, thanks to its trendy product offerings as well as store growth and omni-channel efforts. This places it ahead of peers in an evolving retail space.
The ratings on eight principal and interest (P&I) classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 3.7% of the current pooled balance, compared to 3.6% at Moody's last review. Moody's base expected loss plus realized losses is now 2.5% of the original pooled balance, compared to 2.6% at the last review.
It's a borderline eerie scene at the mall with longtime stores like Cinnabon and JCPenney closing and all the rest to follow ahead of the total redevelopment of the 55-acre mall.
The vision of a reenergized Collin Creek Mall is closer to becoming a reality with Plano’s Planning and Zoning Commision’s recent approval of a rezoning request for the threadbare property.
Investors need to pay close attention to J. C. Penney (JCP) stock based on the movements in the options market lately.
Sears Hometown and Outlet Stores say Eddie Lampert wants to buy the 40 percent of the company he doesn't already own for about $21 million. Yahoo Finance's Adam Shapiro and Julie Hyman discuss with the panel.
Rent the Runway is launching 'Rent the Runway Kids.' The line from the apparel rental company will feature designer brands like Chloé, Fendi, Stella McCartney, Little Marc Jacobs and Marni. Yahoo Finance's Melody Hahm and Jennifer Rogers talk to the COO of Rent the Runway Maureen Sullivan.