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$22.62 -0.80 (-3.42%)
10/10/2008 4:05 PM

J.C. Penney Company, Inc. (JCP)

CAPS Rating:
**

The Company sells family apparel, jewelry, shoes, accessories and home furnishings to customers through department stores and Direct (Internet/catalog).

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Recs

5

Avatar jpauling352 (50.91) Submitted: 11/14/06 2:41 PM : Outperform Start Price: $62.58 JCP Score: -31.03

JCP is a strong buy. Its trailing P/E is still below the industry standard despite a recent spike in share price. The PEG ratio is at 1.15, one of the lowest in the industry. JCP's debt to capital ratio is inline with industry norms, indicating a healthy balance sheet. All ratios and financial analysis aside, JCP is accelerating its growth plan to open even more stores than originally planned in the coming years. Most of these new stores will be off mall sites. This new trend in department stores meets the consumers desire to shop away from malls.

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