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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

J.C. Penney ( JCP) pushed the Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 0.1%. By the end of trading, J.C. Penney fell $0.81 (-8.4%) to $8.85 on heavy volume. Throughout the day, 69,435,017 shares of J.C. Penney exchanged hands as compared to its average daily volume of 42,405,800 shares. The stock ranged in price between $8.64-$9.70 after having opened the day at $9.59 as compared to the previous trading day's close of $9.66. Other companies within the Services sector that declined today were: New York & Company ( NWY), down 14.3%, Wet Seal ( WTSL), down 13.8%, CSS Industries ( CSS), down 8.3% and Clear Channel Outdoor Holdings ( CCO), down 8.1%.

J. C. Penney Company, Inc., through its subsidiary, J. C. Penney Corporation, Inc., operates department stores. 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 $3.1 billion and is part of the retail industry. Shares are down 51.0% year to date as of the close of trading on Wednesday. Currently there are 2 analysts that rate J.C. Penney a buy, 4 analysts rate it a sell, and 12 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 feeble growth in its earnings per share, deteriorating net income, generally high debt management risk, disappointing return on equity and poor profit margins.

On the positive front, China Auto Logistics ( CALI), up 46.3%, Conn's ( CONN), up 19.4%, Globus Maritime ( GLBS), up 12.2% and Sino-Global Shipping America ( SINO), up 11.8% , were all gainers within the services sector with CSX ( CSX) being today's featured services sector leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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