J.C. Penney stock is up more than 21% over the past month. Does the struggling retailer have more room to run, or would investors be better off putting their money elsewhere?
Source: J.C. Penney.
J.C. Penney stock fell by about 3% last Friday after the struggling retailer reported earnings that fell short of analysts' expectations.
However, while the shares currently sit nearly 50% below their levels this time five years ago, they have risen more than 24% over the past month.
So is J.C. Show More Summary
By Valuentum: After firing controversial CEO Ron Johnson during the quarter, department store retailer J.C. Penney (JCP) announced weak results yet again. Revenue fell 16% year-over-year to $2.6 billion, falling short of already low consensus expectations. Show More Summary
With the all the troubles that the big box department stores like J.C. Penney Company, Inc. (NYSE:JCP) and Sears Holdings Corp (NASDAQ:SHLD) have had over the years, investors are better off focusing on the smaller specialty retailers. These retailers are focused and don’t need new management to implement possible turnarounds. I’m a fan of companies [...]
The iconic, 111-year-old retailer ditched nearly everything former CEO Ron Johnson attempted during his short stint in charge. Good call? Out with the new, in with the old. In a sweeping move to right the ship after former CEO Ron Johnson’s...Show More Summary
Since I bought shares of struggling retailer J.C. Penney Company, Inc. (NYSE:JCP) in March, I’ve been stopping into my local store periodically to judge the ongoing renovations. It’s one of the largest in the state, and has received nearly all of the mini-shop concepts. Throughout May, J.C. Penney Company, Inc. (NYSE:JCP) has been finishing up the shops dedicated [...]
Moribund retailer J.C. Penney Company, Inc. (NYSE:JCP) isn’t dead yet. In fact hedge fund legend George Soros thinks the decaying department store chain has a future. J.C. Penney Company, Inc. (NYSE:JCP)’s stock price shot up by around a dollar a share when Soros disclosed the fact that he has purchased a 7.9% stake in the [...]
JC Penney's New Home Shops Look Amazing
J.C. Penney Company, Inc. (NYSE:JCP) has been widely discussed recently for the ousting of CEO, Ron Johnson. Johnson tried to reinvent the historical retailer and did away with two of it’s best known strategies, sales prices and coupons. Unfortunately for Johnson, customers did not share his vision, and J.C. Penney Company, Inc. (NYSE:JCP) suffered greatly. Two [...]
Beating J.C. Penney At Its Old Game
ByBen Kramer-Miller: A month ago I wrote an article in which I argue that J.C. Penney (JCP) is destined to fail unless the company saw significant increases in its sales. Here are some key points from that article: J.C. Penney is losing...Show More Summary
J.C. Penney gets a significant upgrade. Time for a bull-vs.-bear face-off on this beleaguered retail stock.
The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Andy Cross and Jason Moser, discuss the top business and investing stories of the day. Shares of J.C. Penney rose on Monday after one Wall Street analyst gave the stock a significant upgrade. Show More Summary
As journalists have begun to write their postmortems of Ron Johnson's turbulent 17-month reign as CEO of J.C. Penney, there are several common themes. Many argue that Johnson was arrogant to think he could completely reorient consumer...Show More Summary
Ron Johnson made a lot of mistakes during his tenure at J.C. Penney. However, none can compare to his decision to remove the "Month-Long Values" pricing category beginning last August.
Analysts shift stance on J.C. Penney, Lowe's, and NetApp.
J.C. Penney Company, Inc. (NYSE:JCP) reported earnings on May 16. Here are the numbers you need to know. The 10-second takeaway For the quarter ended May 4 (Q1), J.C. Penney Company, Inc. (NYSE:JCP) met expectations on revenues and missed expectations on earnings per share. Compared to the prior-year quarter, revenue dropped significantly. Non-GAAP loss per share expanded. [...]
Just the facts, Fool.
J. C. Penney ( NYS: JCP ) reported earnings on May 16. Here are the numbers you need to know. The 10-second takeaway For the quarter ended May 4 (Q1), J. C. Penney met expectations on revenues and missed expectations on earnings per share. Compared to the prior-year quarter, revenue dropped significantly. Show More Summary