J C Penney (NYSE:JCP) Earning Very Critical Media Coverage, Analysis Finds – Tech Know Bits

Media headlines about J C Penney (NYSE:JCP) have been trending very negative on Saturday, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than 6,000 news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. J C Penney earned a news sentiment score of -3.00 on their scale. InfoTrie also gave press coverage about the department store operator an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the media stories that may have effected J C Penney’s score:

Separately, ValuEngine raised shares of J C Penney from a “hold” rating to a “buy” rating in a research report on Saturday, January 4th.

Shares of NYSE JCP traded down $0.02 during midday trading on Friday, hitting $0.80. The stock had a trading volume of 5,935,944 shares, compared to its average volume of 8,325,141. The company has a fifty day moving average price of $1.04 and a 200 day moving average price of $0.95. J C Penney has a 1-year low of $0.53 and a 1-year high of $1.91. The company has a quick ratio of 0.20, a current ratio of 1.51 and a debt-to-equity ratio of 5.90. The company has a market capitalization of $260.51 million, a price-to-earnings ratio of -1.17 and a beta of 1.63.

J C Penney (NYSE:JCP) last announced its quarterly earnings results on Friday, November 15th. The department store operator reported ($0.30) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.55) by $0.25. J C Penney had a negative return on equity of 24.09% and a negative net margin of 1.92%. The firm had revenue of $2.38 billion during the quarter, compared to the consensus estimate of $2.43 billion. During the same period in the prior year, the firm earned ($0.52) EPS. The firm’s quarterly revenue was down 10.1% compared to the same quarter last year. On average, research analysts forecast that J C Penney will post -1.05 EPS for the current year.

About J C Penney

J. C. Penney Company, Inc, through its subsidiary J. C. Penney Corporation, Inc, sells merchandise through department stores. The company primarily sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products, and home furnishings; and provides services, including styling salon, optical, portrait photography, and custom decorating services.

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