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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
Sharp Research Group
30 Mar 15 19:52:52
$JCP interesting company as they are narrowing down their net loss possibly may reach profitability in the future.
Eric H.
30 Mar 15 19:44:29
RT @SwatOptions: $JCP from earlier @swat_premium having a nice EOD... from 0.08 up to 0.18$ now http://t.co/IN04hqVnqj
Stock Dawgzz
30 Mar 15 19:33:46
Our Penny Stock Picks On $THCZ & $RCGP Gained A Combined 700% so far! Blog Update: http://t.co/g3eVEaITz6 $JCP $AQUM $WSGI
Dakota Financial
30 Mar 15 19:04:31
J C Penney Company Target of Unusually Large Options Trading $JCP http://t.co/i4gsgCdGwp
Cabin Parker
30 Mar 15 19:01:18
$JCP I told you not to be filled!!!! @ 7.61 https://t.co/t4VZdMnL94
Trevor
30 Mar 15 18:55:58
I just sent #BOT +15 $JCP APR 15 (18) 8.5 C at .09 #orders @TDAmeritrade lotto play, just following the big money.
Cabin Parker
30 Mar 15 18:49:09
$JCP going to R2... 8.30ish https://t.co/t4VZdMnL94
Money Talks
30 Mar 15 18:32:20
RT @WallStJesus: $JCP Cheap WKLY C in play today ... http://t.co/MKV2P9vUIS
Amanda
30 Mar 15 18:28:40
RT @WKRBNews: J C Penney Company Target of Unusually Large Options Trading $JCP http://t.co/D35YwtnGFO
Javier Restrepo
30 Mar 15 18:08:19
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
WKRB News
30 Mar 15 18:00:20
J C Penney Company Target of Unusually Large Options Trading $JCP http://t.co/D35YwtnGFO
Action Jackson
30 Mar 15 17:55:52
@TraderNdaDesert @WallStJesus I just looked at total option volume earlier, but still, the same calendar spread was put on 8,000 times. $jcp
Breaking News
30 Mar 15 17:55:03
$JCP: J C Penney Company Target of Unusually Large Options Trading ...: http://t.co/BIWVAoBJi1
Action Jackson
30 Mar 15 17:04:29
@WallStJesus I think somebody put on a calendar(sold 11,000 this week's $8 $jcp calls + bought 11,000 Apr 17 $8 calls http://t.co/JvELYoXx3V
Garage Traders
30 Mar 15 16:57:51
RT @WallStJesus: $JCP Cheap WKLY C in play today ... http://t.co/MKV2P9vUIS
Ticker Report
30 Mar 15 16:56:43
J C Penney Company Target of Unusually Large Options Trading $JCP http://t.co/lZo9VzAaWu
JE$US
30 Mar 15 16:55:41
$JCP Cheap WKLY C in play today ... http://t.co/MKV2P9vUIS
BreakingStocksNews
30 Mar 15 16:55:02
$JCP: J C Penney Company Target of Unusually Large Options Trading ...: http://t.co/yUDzpgcKpe
US Banking News
30 Mar 15 16:50:25
J C Penney Company Target of Unusually Large Options Trading $JCP http://t.co/JhAl8ANHbF
Jeff Ki
30 Mar 15 16:30:05
RT @SwatOptions: $JCP from earlier @swat_premium having a nice EOD... from 0.08 up to 0.18$ now http://t.co/IN04hqVnqj
Greg David
30 Mar 15 16:28:57
http://t.co/RMvVXnJDpv does trade alerts differently than anyone else. Its super cool. $OIBR $JCP $EAPH $BBEP $MNKD
AppleDistilled
30 Mar 15 16:08:00
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
Anacott Steel
30 Mar 15 16:05:18
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
leahanne
30 Mar 15 16:03:09
Volume Alert - JCP 7.83 J.C. Penney Company Inc $JCP Hit a high today of 7.88 Closing the day 03/30/15 at 7.83 http://t.co/j14JLXaNHy
leahanne
30 Mar 15 16:02:47
$JCP Volume Alert - JCP Stock 7.83 J.C. Penney Company Inc $JCP Hit a high today of 7.88 Closing the day 03/30/15 a http://t.co/EybjgZyyUi
Hill Capital Mgt
30 Mar 15 15:52:25
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
NICK Poulopoulos
30 Mar 15 15:19:00
Bullish watchlist $CSX into earnings $ORCl calls $JCP $TSLA $CSCO $m $SLTD ( $OCAT bid size A/H) interesting
Trader News Daily
30 Mar 15 14:36:13
Wow http://t.co/PeRPkYu8Uk just posted last weeks results. +429%. Crazy. They offer a free trial too. $SD $JCP $FNMA $MCP $DRYS $ZNGA
$AAPL
30 Mar 15 14:19:37
RT WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/XugB1njguI $OKE $JCP $BYD $FXI $NRG $AAPL $BYD … http://t.co/gOyJTWVTjR
Steven Agri
30 Mar 15 14:09:00
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
$AAPL
30 Mar 15 14:03:45
RT WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/XugB1njguI $OKE $JCP $BYD $FXI $NRG $AAPL $BYD … http://t.co/gOyJTWVTjR
Cutlass
30 Mar 15 14:01:11
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
$AAPL
30 Mar 15 13:47:41
RT WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/XugB1njguI $OKE $JCP $BYD $FXI $NRG $AAPL $BYD … http://t.co/gOyJTWVTjR
SLAY! ™ WanderLust ®
30 Mar 15 13:42:16
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
$
30 Mar 15 13:37:38
RT @WallStJesus: TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
1 TRADER
30 Mar 15 13:33:15
$JCP imo 8s coming tomorrow , good risk
$AAPL
30 Mar 15 13:31:38
TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/XugB1njguI $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/2z8Ncr2saE http://t.co/gOyJTWVTjR
JE$US
30 Mar 15 13:26:51
TODAY'S WISEGUY ACTIVITY & UOA: http://t.co/eefn8Ejem6 $OKE $JCP $BYD $FXI $NRG $AAPL $BYD http://t.co/A49FX7SAk6
dailystockplays.com
30 Mar 15 13:25:29
CMF Declining http://t.co/3KxQHuCAxN $JCP $MOS $ADSK $HMSY $SGMS $REM $DSW $BXMT $ELP $AXTA $AIMC $AIRM $BDBD $BAC/WT/A $PLPM $ATLS $MOBI
Cutlass
30 Mar 15 13:18:36
RT @zman0002: @zman0002 $Jcp rumors circulating about the turnaround continuing and hearing March stronger than expected same store sales g…
Cutlass
30 Mar 15 13:18:34
RT @zman0002: @zman0002 $Jcp looks ready to jump and hold over $8 in coming days
Stockjock
30 Mar 15 13:07:38
@zman0002 $Jcp looks ready to jump and hold over $8 in coming days
Stockjock
30 Mar 15 13:06:01
@zman0002 $Jcp rumors circulating about the turnaround continuing and hearing March stronger than expected same store sales growth-
Cutlass
30 Mar 15 13:03:43
RT @zman0002: Big buyers of $jcp calls 4/17 8's
Cutlass
30 Mar 15 13:03:29
RT @SwatOptions: $JCP from earlier @swat_premium having a nice EOD... from 0.08 up to 0.18$ now http://t.co/IN04hqVnqj
Cutlass
30 Mar 15 13:02:50
RT @BigOptions: $JCP Volume coming into the close - buyers this morning of Apr1 15 8c at .04 http://t.co/Tk0aJr7sOr
Cutlass
30 Mar 15 13:02:39
RT @OptionsHawk: $JCP def. heating up late as reg. April expiry calls get bought
Breaking News Now
30 Mar 15 12:57:02
$SPG $GGP $JCP $M $SHLD $JWN $AMZN $AAPL: Against all the odds, malls are thriving again: http://t.co/jlBO7aHQbY
Eternity101
30 Mar 15 12:53:04
can still RT him RT @WallStJesus 5m5 minutes ago $JCP calls HOT --- action earlier as well one can also use: https://t.co/AUKXdx1lvm
1 TRADER
30 Mar 15 12:50:55
bought $JCP for ovnt trade 7.84 avg
				
				
  +Follow December 10, 2013 8:44AM
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