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:
http://dailystocktracker.com/register/
J.C. Penney
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 24 th, 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 11 th, 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:
http://dailystocktracker.com/registration/?symbol=JCP
Kohl's
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 08 th, 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 20 th, 2017 to shareholders of record at the close of business on September 06 th, 2017.
On August 11 th, 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:
http://dailystocktracker.com/registration/?symbol=KSS
Macy's
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 10 th, 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:
http://dailystocktracker.com/registration/?symbol=M
TJX Cos.
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 18 th, 2017, Homesense, a new, off-price home concept from TJX Cos.,
announced the opening of its initial US store on August 17 th, 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 02 nd, 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:
http://dailystocktracker.com/registration/?symbol=TJX
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