Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, department store operator J.C. Penney (JCPN.Q) has received an alarming one-star ranking.
With that in mind, let's take a closer look at J.C. Penney and see what CAPS investors are saying about the stock right now.
J.C. Penney facts
Headquarters (founded) |
Plano, Texas (1902) |
Market Cap |
$3.5 billion |
Industry |
Department stores |
Trailing-12-Month Revenue |
$13.0 billion |
Management |
CEO Myron Ullman CFO Kenneth Hannah |
Return on Equity (average, past 3 years) |
(7.7%) |
Cash/Debt |
$930.0 million / $3.0 billion |
Competitors |
Kohl's |
On CAPS, 36% of the 1,047 members who have rated J.C. Penney believe the stock will underperform the S&P 500 going forward.
Just yesterday, one of those Fools, sikiliza, reacted to the recent ousting of CEO Ron Johnson:
And so the curtain falls on yet another attempt at reviving a dying horse. I have never been a big fan of those perpetual sale outfits including Jos. A. Bank. In a way, I think Ron Johnson tried to do the right thing by pricing things right and not having to first overprice and then discount to satiate the bargain-hunting ways of clearance sale addicts. That said, [J.C. Penney] was dealing with enormous perception issues and I couldn't picture myself walking into a [J.C. Penney] store while surrounded by the Macy's and [Nordstroms] of this world.
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