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What Companies Could Go Under in 2014?

  +Follow December 10, 2013 8:44AM
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While millions of businesses fail every year in America, the failure of a large publically traded company is a much, much rarer event, with only a few every instance every year. It takes a lot to topple a giant, but that’s not to say it never happens. In the last decade alone, we’ve seen former multi-billion dollar behemoths Enron, Bear Stearns, Lehman Brothers, Kodak, and Blockbuster all go the way of the dodo.

2013 was a bull year, but that does not mean everyone had it good. There are a few companies that absolutely tanked out, and by Dec 2014 could completely cease to be.   

The following companies are major contenders to crap out next year:

Walter Energy (WLT)

Market Cap: $1.01 billion

2013 Performance YTD: -54.27 percent

Debt to Equity Ratio: 3.36

Walter Energy is frankly in an industry with an incredibly murky future. All major coal companies are in varying degrees of trouble, with giants like Peabody (BTU) and Arch Coal (ACI) also experiencing significant losses this year. However, Walter looks to be especially vulnerable, as they carry a debt-to-equity ratio of an incredibly high 3.36, rapidly declining earnings per share, and a P/E ratio of 268.

BlackBerry née Research in Motion (BBRY)

Market Cap: $3.01 billion

2013 Performance YTD: -51.27 percent

Debt to Equity Ratio: 0

Large companies that go bankrupt are quite often ones that were formerly the leader in their field (See: Pan Am, Kodak.) BlackBerry is well-primed to prove that sentiment true, as the original smartphone was once the unquestioned leader in the field. Now, of course, BlackBerry is in a tailspin, and short a white knight swooping in and saving them, they will be out of cash by the fall of 2014, and completely kaput before the end of the year.

J.C. Penney Company (JCP)

Market Cap: $2.12 billion

2013 Performance YTD: -57.23 percent

Debt to Equity Ratio: 2.12

The biggest loser in the S&P 500 in 2013 has had a widely documented fall from grace, starting with the disastrous tenure of Ron Johnson and subsequent failure (so far) to turn things around. Brick-and-mortar retailers are in for a tough ride from here on out, and unless they are able to adapt to the shift to online shopping (as Best Buy (BBY) has done so well) they are potentially looking at the end of an era.

J.C. Penney will always be able to pay off their debt, because those giant stores happen to be sitting on a lot of valuable real estate. But you can’t get to the land underneath all those J.C. Penneys while they’re still alive.   

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


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Results for jcp
StockenheimerSchmidt
28 Jul 15 21:00:59
Huge Gains On Stock Picks, Plus A Major Announcment: http://t.co/L7DCrvU4Ev $JCP $AQUM $WSGI
IH News Desk
28 Jul 15 19:46:35
VTI iPath S&P 500 VIX Short-Term Futures ETN Shares http://t.co/KyTPOEvf9y $VTI $DIA $JCP $MEIP #VTI #invest #stockmarket
clayton
28 Jul 15 19:44:17
SLV Silver Wheaton Corp. Last Price http://t.co/69SrtxRHjG $SLV $JCP $HACK $TWTR #SLV #stockmarket #pennystocks
Lucky Jimmy
28 Jul 15 19:39:25
JNK Direxion Daily Junior Gold Miners Index Bull 3X Shares Financials http://t.co/TLGy6vVNiZ $JNK $IBB $JCP $VALE #JNK #finance #share
jim50
28 Jul 15 19:39:07
JCP Johnson & Johnson Ask http://t.co/q4ecjqfPs7 $JCP $JCP $BLUE $CSU.TO #JCP #stocks #nasdaq
danrocks
28 Jul 15 19:36:08
FCX FireEye Inc. Prev Close http://t.co/V3BqRTPMNz $FCX $PVSP $XLE $JCP #FCX #stockmarket #pennystocks
Michael James
28 Jul 15 18:48:54
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoX67mX $JCP $AQUM $WSGI
Paul Henry
28 Jul 15 18:48:31
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpiHOc $JCP $AQUM $WSGI
Michael Cook
28 Jul 15 18:44:14
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0wdoH $JCP $AQUM $WSGI
Alan Farley
28 Jul 15 18:21:44
Sort of like Ron Johnson when he took over $JCP https://t.co/rJ0rRK0Cj7
StockenheimerSchmidt
28 Jul 15 17:58:11
Huge Gains On Stock Picks, Plus A Major Announcment: http://t.co/L7DCrvU4Ev $JCP $AQUM $WSGI
Russell Barbour
28 Jul 15 17:08:34
http://t.co/zkwrjD3miQ <<-- SuperTrades could buy a freakin house with this recent win!! $MBLY $AAPL $JCP $TASR $GOOG
Capital Market Labs
28 Jul 15 16:52:23
Interactive Chart -> http://t.co/AvAmTSIaIu $JCP Cash from Operations is Rising. http://t.co/QeMHwnFESX
clayton
28 Jul 15 15:46:33
SSO ProShares Ultra S&P 500 Fund Ex-Div Date http://t.co/S0T5WFpyjP $SSO $CVX $JCP $FV #SSO #nasdaq #stock
jim50
28 Jul 15 15:45:10
SCTY SolarCity Corp. Short Sales http://t.co/qRqjpjpI3i $SCTY $NKE $JCP $VNQ #SCTY #nasdaq #nasdaq
Stock Forums
28 Jul 15 15:42:33
NFLX Netflix, Inc. Prev Close http://t.co/wqeRllNs5T $NFLX $JCP $CVC $NPTN #NFLX #finance #stock
danrocks
28 Jul 15 15:40:04
IYT iShares DJ Transportation Average Index Fund Shares http://t.co/9WoADAvib3 $IYT $GLUU $RETL $JCP #IYT #stock #tradeideas
DennyT
28 Jul 15 15:40:03
JCP JC Penney Co, Inc. E.P.S. http://t.co/kFXX9zV7u5 $JCP $MU $ABX $DXJ #JCP #tradeideas #stock
Michael James
28 Jul 15 15:02:57
After A MASSIVE 525% Gain On $GEQU, We Have A New Pick Ready! Special Update: http://t.co/wFGuoX67mX $JCP $AQUM $WSGI
Michael Cook
28 Jul 15 15:00:03
Our Stock Alerts Gained Over 550% This Month Already! See Our Huge New Pick Coming This Week: http://t.co/abs4Q0eCx9 $JCP $AQUM $WSGI
Paul Henry
28 Jul 15 14:56:51
Our Penny Stock Picks Have Gained 3,600% In 10 Months! Get Early Access To Our Next Pick: http://t.co/xXdYdpiHOc $JCP $AQUM $WSGI
StockenheimerSchmidt
28 Jul 15 14:54:19
Huge Gains On Stock Picks, Plus A Major Announcment: http://t.co/L7DCrwbFw3 $JCP $AQUM $WSGI
$Stocknewsalerts
28 Jul 15 13:41:34
$JCP New JCPenney SEC Filing Alert From our Stock News Alerts App
$Stocknewsalerts
28 Jul 15 13:39:03
$JCP New JCPenney SEC Filing Alert From our Stock News Alerts App
Insider Alerts
28 Jul 15 13:34:20
NEW insider transaction on $JCP reported a moment ago: http://t.co/EWkPlCd9ud
Cabin Parker
28 Jul 15 13:08:32
$JCP This should be at a minimum of 9.75 right now!! Minimum!!!!! https://t.co/t4VZdMnL94
Retired Prop Trader
28 Jul 15 12:58:47
Of stocks owned and/or followed, green screens abound. Red: $YELP, $AMZN, $JCP. 86,000 SPY AUG 15 200 PUTS changed hands (protection). $VIX
M F M
28 Jul 15 12:54:10
$JCP 190 pts on DOW, Nasdaq and S&P up strong, JCP FLUSHED again.
M F M
28 Jul 15 12:52:09
$JCP No Squirt today !
Briton Ryle
28 Jul 15 12:41:24
great, no rally for $jcp, hate when that happens
Cabin Parker
28 Jul 15 12:13:53
$JCP Hiw many times can keep saying fraud and manipulation?! https://t.co/t4VZdMnL94
M F M
28 Jul 15 11:37:38
$JCP can anyone name another stock that has been stuck in a range because of shorts manipulating the stock like we have with JCP? BBRY ?
Naomi Frances
28 Jul 15 11:04:42
@BrentWilkes @davidjonesxyz @FTC http://t.co/BLhecE4v0u ole brawlin ack ... $JCP $HLF brawl baby. tellin millions what to drink-the nerve!
Cabin Parker
28 Jul 15 09:26:41
$JCP needs to squirt up to 8.40 https://t.co/t4VZdMnL94
Wall Street
28 Jul 15 08:37:21
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $TRXC $JCP $IBN $ESI $ABEV $ODP
Investors Observer
28 Jul 15 08:36:27
PriceWatch Alerts for $BABA, $AGN, $YELP, $JCP & $CLF from InvestorsObserver today: http://t.co/7LLe7uszhu #OptionsTrading #CoveredCalls
Michael
28 Jul 15 08:36:27
PriceWatch Alerts for $BABA, $AGN, $YELP, $JCP & $CLF from InvestorsObserver today: http://t.co/UqACcoHyUo #OptionsTrading #CoveredCalls
Sweet Platform
28 Jul 15 08:28:20
JCP Top news - Jul 28th, 2015 $JCP http://t.co/rA9qONQwmd
Stock Dawgzz
28 Jul 15 07:59:13
Our Platinum Subscribers Saw Their Penny Stock Alerts Gain Over 350% In 2 Weeks! Big Update: http://t.co/OpH8n57Fki $JCP $AQUM $WSGI
Wall Street
28 Jul 15 07:53:48
The Penny Stock Superstar team voted #1 OTC trading group. http://t.co/cQ0lLTokka Related: $TRXC $JCP $IBN $ESI $ABEV $ODP
Zero Filter
28 Jul 15 07:40:12
Hope $ZQK 's similarities Curtis stop at stock value... @Quiksilver @DCshoes @Roxy // $XRT $TGT $JCP @ReformedBroker http://t.co/gTEsndImfI
wsnewspublishers
28 Jul 15 07:31:26
Active Stocks Watch List: http://t.co/89e6w0dMcv $JCP $VIAB $VSH
David Pashariko
28 Jul 15 07:11:56
@jlebenthal watch u Fast..wondering if ur bullish on $JCP? Debt hurts bad BUT Sephora & the SALONS (cash cows) make me think its a steal.
cesar day trader
28 Jul 15 07:11:39
$JCP covering my short position in JCP $$$$
cesar day trader
28 Jul 15 07:10:03
RT @gartmanreport: I had a candidate come in for an interview wearing a $JCP suit. We quickly threw him out of the front door head first
DailyStockPicks
28 Jul 15 07:08:35
$OCLS cheap health care stock. Price target of $5. 200%+ upside $LEN $JCP $CB $ALE $MBFI $CAJ investors read http://t.co/rWpJvFmAFr
Cabin Parker
28 Jul 15 07:07:52
$JCP and here she goes https://t.co/t4VZdMnL94
David Tuzzolino
28 Jul 15 05:56:19
The Importance of Pricing Power : How $AEO is weaning shoppers off of deep discounts. http://t.co/tMXWoogb7t $ANF $ARO $GPS $JCP
Investors Hangout
28 Jul 15 05:42:35
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leahanne
28 Jul 15 05:39:33
JCP JC Penney Co, Inc. Open http://t.co/wY2NmnYzb9 $JCP $CVS $FV $IBB #JCP #tradeideas #pennystocks
				
				
  +Follow December 10, 2013 8:44AM
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