Just the Facts on J. C. Penney Company, Inc. (JCP)

J. C. Penney Company, Inc. (JCP) is an interesting player in the Services space, with a focus on Department Stores. The stock has been active on the tape, currently trading at $2.78, down from yesterday’s close by -7.64%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

J. C. Penney Company, Inc. (JCP) currently trades with a market capitalization of $872.64 Million. That value represents a market adjusting for revenues that have been falling by -4.06 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $28 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of -$0.05 on a per share basis this quarter. Perhaps, that suggests something about why 4.98% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, J. C. Penney Company, Inc. recorded a 52-week high of $5.63. It is now trading 2.85% off that level. The stock is trading $2.86 its 50-day moving average by 0.08%. The stock carved out a 52-week low down at $2.25.

In recent action, J. C. Penney Company, Inc. (JCP) has made a move of -4.47% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 41.75% with $307.58 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of JCP.

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