NEW YORK, August 16, 2017 /PRNewswire/ --
If you want a Stock Review on JCP, KSS, M, or TJX then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. As of Friday, August 11th, 2017, Q2 2017 results from 23 of the 42 retailers in the S&P 500 index were released. According to a Zacks report, total earnings for these 23 retailers that have reported already are down -1.7% from the same period last year on +6.7% higher revenues, with 73.9% beating EPS estimates and 78.3% beating revenue estimates. This morning, DailyStockTracker.com directs investors' attention to four Department Stores stocks to see how they have fared over the previous trading sessions: J.C. Penney Co. Inc. (NYSE: JCP), Kohl's Corp. (NYSE: KSS), Macy's Inc. (NYSE: M), and The TJX Cos. Inc. (NYSE: TJX). Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:
Shares in Plano, Texas-based J.C. Penney Co. Inc. saw a decline of 2.39%, ending Tuesday's trading session at $3.68. The stock recorded a trading volume of 39.43 million shares, which was higher than its three months average volume of 18.77 million shares. The Company's shares are trading 24.61% below their 50-day moving average. Moreover, shares of J.C. Penney, which through its subsidiary J.C. Penney Corporation, Inc., sells merchandise through department stores, have a Relative Strength Index (RSI) of 21.80.
On July 24th, 2017, J.C. Penney announced that Jeffrey Davis is joining the Company as Executive Vice President and CFO, effective that day. He will succeed Andrew Drexler, who has been serving as interim CFO while the Company completed its search. Mr. Davis will report to Marvin R. Ellison, the Company's Chairman and CEO.
On August 11th, 2017, research firm Telsey Advisory Group downgraded the Company's stock rating from 'Outperform' to 'Market Perform' while revising its previous target price from $7 a share to $5 a share. Visit us today and access your complete report on JCP for free at:
Menomonee Falls, Wisconsin headquartered Kohl's Corp.'s stock declined 1.45%, closing the day at $38.13 with a total trading volume of 3.80 million shares. The Company's shares have advanced 3.56% in the previous three months. The stock is trading 1.88% below its 50-day moving average. Additionally, shares of Kohl's, which operates department stores in the US, have an RSI of 39.36.
On August 08th, 2017, Kohl's Board of Directors declared a quarterly cash dividend on the Company's common stock of $0.55 per share. The dividend is payable on September 20th, 2017 to shareholders of record at the close of business on September 06th, 2017.
On August 11th, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Underperform' to 'Neutral'. The complimentary research report on KSS can be accessed at:
On Tuesday, shares in Cincinnati, Ohio-based Macy's Inc. recorded a trading volume of 7.94 million shares. The stock ended the day 0.29% lower at $20.29. The Company's shares are trading below their 50-day moving average by 10.57%. Furthermore, shares of Macy's, which together with its subsidiaries, operates stores, Websites, and mobile applications, have an RSI of 31.00.
On August 10th, 2017, Macy's reported results for Q2 2017 and H1 2017. For Q2 2017, earnings per diluted share were 38 cents, sales totaled $5.552 billion, and operating income totaled $254 million. For H1 2017, earnings per diluted share were 61 cents, sales totaled $10.890 billion, and operating income totaled $474 million. Register for free on DailyStockTracker.com and download the research report on M at:
Framingham, Massachusetts-based The TJX Cos. Inc.'s stock rose 0.78%, finishing yesterday's session at $70.16. A total volume of 8.21 million shares was traded, which was above their three months average volume of 4.85 million shares. The Company's shares are trading below their 50-day moving average by 0.83%. Additionally, shares of TJX Cos., which operates as an off-price apparel and home fashions retailer in the US and internationally, have an RSI of 48.89.
On July 18th, 2017, Homesense, a new, off-price home concept from TJX Cos., announced the opening of its initial US store on August 17th, 2017 in Framingham, Massachusetts. With four store openings planned by the end of the year, Homesense will offer on-trend, high-quality home merchandise at a great value.
On August 02nd, 2017, research firm Credit Suisse reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $79 a share to $72 a share. Get free access to your research report on TJX at:
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