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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.


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Results for jcp
Mark S Boone
28 Aug 14 07:30:14
$JCP What did stocktwits do to this site? It's moving like an inch worm. Keep getting an "Over Capacity" message.
Market Updater
28 Aug 14 07:28:34
$JCP: JC Penney's Service Continues To Disappoint http://t.co/OkjdJgNqED http://t.co/CfzKZF4joE
Caleb Coleman
28 Aug 14 07:27:40
$JCP still beautiful, guys. Buy the dip.
Calup Snider
28 Aug 14 07:27:00
Closed out $JCP at 10.9 from 10.4 and a few adds elsewhere; Closed out $TKMR AT 22.1 from 21 even. Out $FEYE at 31.15 from 31 even.
lookn4wins
28 Aug 14 07:24:06
$AXCG Volume $AXCG Most recent stock chart and technical analysis. $ANF $JCP $AXCG $ACWI $BAA $EWSI http://sto http://t.co/0krkQHhodC
Walter Tychnowicz
28 Aug 14 07:06:44
It's a good thing cc: @MarthaStewart RT @BrianSozzi: Damn right #Martha is only @Macys $M $JCP http://t.co/RMMnMHv7xW
Mark S Boone
28 Aug 14 06:58:07
$JCP There ya go....7million in 30 mins. covering on the cheap. Buying every tick. Beast.
The Fly
28 Aug 14 06:57:38
$BFA $BFB $BF.A $BF.B $GTAT $GPC $ITMN $TSCDY $V $WSM $BOBE $LULU $JCP On The Fly: Analyst Downgrade Summary: ... http://t.co/k89nNMgjfG
My Buys And Sells
28 Aug 14 06:56:54
BTC 2500 $JCP for $10.75 each to close out the short position created by early option exercise and assignment
SpideyTrader
28 Aug 14 06:54:14
$JCP We have been bullish on her for last few days, made Easy$$$$. We are in intra 10.78. She is reving up here, wants more. #REALTIMECALLS
Michael Beavers
28 Aug 14 06:53:42
I financial news, shares of $JCP up sharply on the fashion retailer's rerelease of couples' classics from the 1970s http://t.co/kHVr4Cqo4D
Lin/林莹君
28 Aug 14 06:47:29
$JCP strong strong strong since earnings
Jose Calderon
28 Aug 14 06:46:14
$JCP every dip is an opportunity to BUY! JMO
Nate Quinn
28 Aug 14 06:45:16
grabbed $LULU $JCP dips for bounce trades off this morning weakness, when stocks are weak in the morning, scoop those on your lists to trade
Elisabeth DeMarse
28 Aug 14 06:42:20
RT @BrianSozzi: Damn right #Martha is only @Macys $M $JCP http://t.co/XYwlEM4OBH
Steve Brown
28 Aug 14 06:42:05
It's a RED letter day on the STREET at OPEN. $JCP falls -4%. $GOGO down -2%. $AAPL turns GREEN and creeping up.
Jordan Black
28 Aug 14 06:36:46
Did $JCP get a #clowngrade today?
Bulls vs Bears
28 Aug 14 06:28:31
$JCP: Burger King soars, Amazon buys Twitch, Apple eyes another record close http://t.co/ywq6gTF5h6 http://t.co/4MayDsTC4y
Brian Sozzi
28 Aug 14 06:27:19
Damn right #Martha is only @Macys $M $JCP http://t.co/XYwlEM4OBH
InterCooler
28 Aug 14 06:20:27
J.C. Penney Company Rating Lowered to Neutral at BTIG Research $JCP http://t.co/TIS7dJc4bz
Jerry Khachoyan
28 Aug 14 06:17:03
Today's pre-market mover/gapper watchlist: $RPRX $ANF $GES $WSM $FEYE $TKMR $JCP $SIG $DG $LULU $WDAY $RIO
Calup Snider
28 Aug 14 06:06:19
Still holding $FEYE from 30, $TKMR from 21, $YHOO from all over, and $JCP from 10.4s, so recent downgrade doesn't concern me too much
Investors Hangout
28 Aug 14 06:01:52
$PLKD Day High http://t.co/KjwIkzj3kT Also See: $MBLY $EEM $YPF $JCP ~
Patrick
28 Aug 14 06:00:04
10 - Sentiment Shifted Stocks: $BAC $FXI $DBA $JPM $SPY $GOOGL $V $DIA $JCP $GSK
Ticker Report
28 Aug 14 05:58:49
BTIG Research Downgrades J.C. Penney Company to Neutral $JCP http://t.co/lDP10aINW3
Tim Kelleher Corp
28 Aug 14 05:55:41
$ES_F off $6 at 1991 - Some Stocks were watching $DGLY $ANF $JCP $SWHC, $FEYE, $JRJC, $GES, $TKMR, $GOMO http://t.co/n8mDe4ON22
Craig Scott
28 Aug 14 05:54:56
Continue to think $m and $jcp will do well this season. Told me $app stuff over the top. $aeo has good deals. but $ltd(VS). She will pay up
Jose Calderon
28 Aug 14 05:53:08
RT @MarkBoone17: $JCP LOL!! BTIG is a joke! They downgraded Pandora becuz Justin Bieber tweeted that he liked Songza. Not exactly credible.…
Mark S Boone
28 Aug 14 05:52:51
$JCP LOL!! BTIG is a joke! They downgraded Pandora becuz Justin Bieber tweeted that he liked Songza. Not exactly credible. Pathetic.
NRCapital
28 Aug 14 05:49:28
Video discussion on $JCP downgrade by ANALyist: http://t.co/XFAa3r04q9 via @YouTube
US Banking News
28 Aug 14 05:40:01
J.C. Penney Company Stock Rating Lowered by BTIG Research $JCP http://t.co/8Xz6SEHuN9
Exxon Javier
28 Aug 14 05:39:59
RT @urtrading: $JCP downgraded to Neutral from Buy at BTIG / @economista100 @exxonjavier
Annie
28 Aug 14 05:34:23
OK, let's get real on $JCP... if EVERY store closed, would you even miss it? $TJX and $COST, on the other hand... my "go to first" places
Investors Hangout
28 Aug 14 05:33:01
$OIH Ideas http://t.co/hvt4pzky12 Also See: $JCP $FCX $CSIQ $SLV ~
NRCapital
28 Aug 14 05:29:20
Just looked up ANALyst Will Froemhoefer on Linkedin from BTIG who downgraded $JCP. I was right he went to a shitty diploma mill college!
Market Monitor
28 Aug 14 05:28:53
$JCP: JP Morgan: J.C. Penney Stands At 'Pivotal Crossroads'; Now A Good Time To Buy Shares http://t.co/6tkUeFZg0A http://t.co/Iwly03DjOT
Mark S Boone
28 Aug 14 05:28:07
$JCP Had to have a little correction so they can pin those OPEX tomorrow. Folks that wanted to grab some in the dip, this is your chance.JMO
Media Sentiment
28 Aug 14 05:28:04
$JCP received a new alert. Find out why at http://t.co/5udYd0Ofs6 #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 82
Analyst Ratings
28 Aug 14 05:26:35
J.C. Penney Company downgraded by BTIG Research to neutral. http://t.co/JiSul9z6Oh $JCP #JCP
Lindsey Cabot
28 Aug 14 05:20:59
RT @AWastler: Top stock lookups on http://t.co/dw39TKnsmw ysty: $AAPL, $FB, $BAC, $TWTR, $GE, $SPY, $C, $GILD, $TSLA, $JCP, $F, $YHOO, $T, …
Jennifer Cabot
28 Aug 14 05:20:49
RT @AWastler: Top stock lookups on http://t.co/dw39TKnsmw ysty: $AAPL, $FB, $BAC, $TWTR, $GE, $SPY, $C, $GILD, $TSLA, $JCP, $F, $YHOO, $T, …
DR JAMES CABOT
28 Aug 14 05:20:40
RT @AWastler: Top stock lookups on http://t.co/dw39TKnsmw ysty: $AAPL, $FB, $BAC, $TWTR, $GE, $SPY, $C, $GILD, $TSLA, $JCP, $F, $YHOO, $T, …
US Consumer News
28 Aug 14 05:18:41
J.C. Penney Company downgraded by BTIG Research to neutral. http://t.co/22Z6IeuX99 $JCP #JCP
Allen Wastler
28 Aug 14 05:14:26
Top stock lookups on http://t.co/dw39TKnsmw ysty: $AAPL, $FB, $BAC, $TWTR, $GE, $SPY, $C, $GILD, $TSLA, $JCP, $F, $YHOO, $T, $AMZN
garabato
28 Aug 14 05:11:42
RT @shaneblackmon: $JCP downgraded to Neutral at BTIG... "based on price". Those are weak downgrades, that's why JCP isn't fading much
Shane Blackmon
28 Aug 14 05:10:31
$JCP downgraded to Neutral at BTIG... "based on price". Those are weak downgrades, that's why JCP isn't fading much
Media Sentiment
28 Aug 14 05:10:13
$JCP received a new alert. Find out why at http://t.co/5udYd0Ofs6 #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 71
The Fly
28 Aug 14 05:05:33
$JCP J.C. Penney downgraded at BTIG: Full Story http://t.co/mO9gM3i2w1
NRCapital
28 Aug 14 05:03:49
Pipsqueak ANALyist from BTIG obviously has a short position on $JCP. I'm out of it premarket with a .40 gain. Still I would've liked more.
Media Sentiment
28 Aug 14 04:54:54
$JCP received a new alert. Find out why at http://t.co/5udYd0Ofs6 #stocks #daytrading #trading #mkt #NYSE #NASDAQ #markets 60
				
				
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