J.C. Penney Co Inc (JCP): Today's Featured Services Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

J.C. Penney ( JCP) pushed the Services sector higher today making it today's featured services winner. The sector as a whole was unchanged today. By the end of trading, J.C. Penney rose 29 cents (1.7%) to $17.52 on average volume. Throughout the day, 10 million shares of J.C. Penney exchanged hands as compared to its average daily volume of nine million shares. The stock ranged in a price between $17.18-$17.67 after having opened the day at $17.20 as compared to the previous trading day's close of $17.23. Other companies within the Services sector that increased today were: Grupo Casa Saba S.A.B. de C.V ( SAB), up 33.3%, LodgeNet Interactive Corporation ( LNET), up 17.7%, SearchMedia Holdings ( IDI), up 15.4%, and Seanergy Maritime Holdings ( SHIP), up 14.9%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores in the United States and Puerto Rico. The company sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings. J.C. Penney has a market cap of $3.79 billion and is part of the retail industry. The company has a P/E ratio of -7.3, below the S&P 500 P/E ratio of 17.7. Shares are down 51% year to date as of the close of trading on Monday. Currently there are three analysts that rate J.C. Penney a buy, three analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates J.C. Penney as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

On the negative front, Inuvo ( INUV), down 13.8%, NTN Buzztime ( NTN), down 10.3%, QKL Stores ( QKLS), down 10.2%, and Globus Maritime ( GLBS), down 9.3%, were all laggards within the services sector with Sirius XM Radio ( SIRI) being today's services sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.
null

If you liked this article you might like

Dow Jumps Over 300 Points, Posting Its Fifth Straight Day of Gains

Dow Jumps Over 300 Points, Posting Its Fifth Straight Day of Gains

Do Robust Earnings for Tapestry and Michael Kors Signal a Retail Turnaround?

Do Robust Earnings for Tapestry and Michael Kors Signal a Retail Turnaround?

Investors Learned One Valuable Lesson Watching the Dow's 1,175-Point Crash

Investors Learned One Valuable Lesson Watching the Dow's 1,175-Point Crash

Retail Stocks Lose Post-Holiday Mojo, Get Swept into Market Meltdown

Retail Stocks Lose Post-Holiday Mojo, Get Swept into Market Meltdown

This Black History Month on Wall Street

This Black History Month on Wall Street