1.31 +0.02 (1.55%)
Pre-Market: 8:00AM EST
|Bid||1.31 x 1000|
|Ask||1.33 x 1200|
|Day's Range||1.26 - 1.44|
|52 Week Range||1.05 - 4.75|
|Beta (3Y Monthly)||0.69|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 8, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.40|
J. C. Penney Company, Inc. shares were down 5.15% on Friday with roughly 24.8 million shares traded, higher than the stock's average trading volume of about 14.1 million shares. For the quarter, J.C. Penney reported sales at stores open at least a year for the third quarter dropped 5.4% while analysts were only expecting a 0.5% loss. The Company withdrew its profit guidance and lowered its sales expectations for the year.
Retail has had a great 2018. As consumer confidence and shoppers’ appetites rose, retail reaped the benefits. But the rising tide didn’t lift all boats.
Benzinga has featured looks at many investor favorite stocks over the past week. Retailers were featured in both bullish and bearish calls. Sentiment on the iPhone maker was mixed as well last week. The ...
Sears’ store closures mean that market share is up for grabs, but J.C. Penney could feel the pinch from the loss of the department-store competitor.
shares tumbled Friday by nearly 14% to close at $50.93, after the retailer posted weaker-than-expected same store sales for its fiscal third quarter and said it would need to repay more than $70 million to customers overcharged on store credit cards. Nordstrom said sales in store open more than one year rose 2.3% in the three months ending on October 28, but noted the "full-price" sales were only up 0.4% from the same three-month period last year. Nordstrom also said it sees Christmas quarter sales rising around 2% from last year, and net full-year revenues of around $15.6 billion after hitting $3.748 billion in the October end quarter.
The struggling retailer posted its worst comp-sales performance in years last quarter, and its profitability is still deteriorating.
Moody's Investors Service ("Moody's") has affirmed the ratings on six classes in CFCRE 2016-C6 Mortgage Trust, Commercial Mortgage Pass-Through Certificates, Series 2016-C6 as follows: Cl. A-1, ...
Moody's Investors Service ("Moody's") has affirmed the ratings on nine classes in GS Mortgage Securities Trust 2012-GC6, Commercial Mortgage Pass-Through Certificates, Series 2012-GC6 as follows: ...
Investors should be bullish on store chains with digital savvy like Target, Kohl’s, Tiffany, and Home Depot, but cautious of retailers that don’t have unique merchandise.
Despite falling nearly 60 percent over the past year, Argus said in a downgrade note that J C Penney Company Inc (NYSE: JCP ) still carries "elevated risk" from a technical and fundamental perspective. ...
As of November 13, Kohl’s (KSS) stock price has risen 47.8% on a YTD (year-to-date) basis to $80.15. A strong financial performance and strategic initiatives gaining traction are driving the stock. In the first quarter and second quarter, Kohl’s beat the top and bottom-line estimates. Kohl’s is scheduled to report its third-quarter results on November 20.
J.C. Penney (JCP) posts dismal third-quarter fiscal 2018 results, with lower revenues, comps and margins. Further, the company reported loss and withdrew view for fiscal 2018.
Nordstrom (JWN) stock fell 9% in after-hours trading on November 16 following the announcement of its third-quarter results. Nordstrom beat analysts’ third-quarter estimates, but its revenue guidance for 2018 was lower than expected.
NEW YORK, NY / ACCESSWIRE / November 16, 2018 / J.C. Penney shares were in the green on Thursday despite a worrisome third quarter financial report. J. C. Penney Company, Inc. shares closed up 11.48% on about 39.5 million shares traded on Thursday with the stock hitting a new low of 1.04 before popping back. The Company withdrew its profit guidance and lowered its sales expectations for the year.
The struggling retail chain has been liquidating merchandise as it winnows its product assortment to focus on the most profitable brands and categories. Although Penney is making progress on that goal, efforts to clear the sales floor have also thinned margins.
U.S. stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports. Wall Street's ...
JCPenney shares continue to fall after the company reported its third-quarter earnings. The results were so disappointing that they sent shares down more than 10% to an all-time low. How did JCPenney execs stop the stock from crashing below $1.00? Brian Sozzi is here to discuss.
It's the Sozzi sizzle! Walmart reported earnings that beat analyst's expectation while JC Penney's earnings showed revenue that fell short