What's Happening With These Department Stores Stocks? -- J.C. Penney, Kohl's, Macy's, and TJX Cos.
NEW YORK, Feb. 2, 2018 /PRNewswire/ --
WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on JCP, KSS, M, and TJX which can be accessed for free by signing up to www.wallstequities.com/registration. The retail world for Department Stores is evolving, according to a MarketResearch report. As developing countries are entering better economies, new department stores are being built. Because of the popularity of online shopping, department stores are building their websites to share the success, the report further noted. Pre-market today, WallStEquities.com monitors the recent performance of J.C. Penney Co. Inc. (NYSE: JCP), Kohl's Corp. (NYSE: KSS), Macy's Inc. (NYSE: M), and The TJX Cos. Inc. (NYSE: TJX). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
J.C. Penney
On Thursday, shares in Plano, Texas-based J.C. Penney Co. Inc. saw a decline of 2.70%, ending the day at $3.61. The stock recorded a trading volume of 10.44 million shares. The Company's shares have advanced 3.14% in the last month and 28.93% over the previous three months. The stock is trading above its 50-day moving average by 3.70%. 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 44.53.
On January 04th, 2018, J.C. Penney announced that its comparable store sales for the combined nine-week period ending December 30th, 2017, increased 3.4% over the same period last year. The Company also reaffirmed all components of its most recent full-year financial guidance for fiscal 2017. Marvin R. Ellison, Chairman and CEO, said, "We look forward to sharing more details about our 2017 fourth quarter performance and full year results as well as our fiscal 2018 expectations during our earnings call planned for March 02nd, 2018." Get the full research report on JCP for free by clicking below at: www.wallstequities.com/registration/?symbol=JCP
Kohl's
Shares in Menomonee Falls, Wisconsin headquartered Kohl's Corp. ended the day 0.49% higher at $65.09 with a total trading volume of 2.81 million shares. In the last month and the previous three months, the stock has gained 15.51% and 55.87%, respectively. Additionally, the Company's shares have surged 64.87% over the past year. The stock is trading above its 50-day and 200-day moving averages by 17.92% and 47.54%, respectively. Furthermore, shares of Kohl's, which operates department stores in the US, have an RSI of 61.25.
On January 23rd, 2018, Kohl's announced 28 local non-profits as recipients of a combined $500,000 in grants through its new Hometown Giving Program. The organizations will use the funding for programs within Milwaukee County, focused on areas such as poverty, safety, and education.
On January 31st, 2018, research firm Guggenheim reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $60 a share to $75 a share. Today's complimentary research report on KSS is accessible at: www.wallstequities.com/registration/?symbol=KSS
Macy's
At the close of trading on Thursday, shares in Cincinnati, Ohio-based Macy's Inc. finished 1.27% lower at $25.62 with a total trading volume of 6.13 million shares. The stock has advanced 36.57% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 2.20% and 10.46%, respectively. Additionally, shares of Macy's, which together with its subsidiaries, operates stores, Websites, and mobile applications, have an RSI of 46.58.
On January 04th, 2018, Macy's announced that its comparable sales on an owned basis increased 1.0% in the months of November and December 2017 combined, compared to the same period last year. On an owned plus licensed basis, comparable sales increased 1.1% in the combined November/December period. The Company also announced that it is scheduled to report fourth-quarter sales and earnings on February 27th, 2018, followed by a conference call at 10:00 a.m. ET. Register now for your free research document on M at: www.wallstequities.com/registration/?symbol=M
TJX Cos.
Framingham, Massachusetts-based The TJX Cos. Inc.'s shares recorded a trading volume of 3.04 million shares at the end of yesterday's session. The stock closed the day 0.27% lower at $80.10. The Company's shares have advanced 4.45% in the past month, 14.76% in the previous three months, and 7.26% over the past year. The stock is trading above its 50-day and 200-day moving averages by 5.65% and 9.16%, respectively. 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 62.57.
On January 17th, 2018, research firm Nomura reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $75 a share to $87 a share. Click on the link below and see our free report TJX at: www.wallstequities.com/registration/?symbol=TJX
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SOURCE Morris Capital Inc
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