A number of firms have modified their ratings and price targets on shares of Conn’s (NASDAQ: CONN) recently:

  • 9/12/2019 – Conn’s was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 9/4/2019 – Conn’s was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 9/4/2019 – Conn’s was given a new $41.00 price target on by analysts at KeyCorp. They now have a “buy” rating on the stock.
  • 9/3/2019 – Conn’s had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $31.00 price target on the stock, up previously from $28.00.
  • 8/26/2019 – Conn’s was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 8/6/2019 – Conn’s was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Conns Inc is a specialty retailer currently operating retail locations in Texas and Louisiana. It sells major home appliances, including refrigerators, freezers, washers, dryers and ranges, and a variety of consumer electronics, including projection, plasma and LCD televisions, camcorders, VCRs, DVD players and home theater products. They also sell home office equipment, lawn and garden products and bedding, and continue to introduce additional product categories for the home to help increase same store sales and to respond to their customers’ product needs. “
  • 8/2/2019 – Conn’s was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/31/2019 – Conn’s was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Conns Inc is a specialty retailer currently operating retail locations in Texas and Louisiana. It sells major home appliances, including refrigerators, freezers, washers, dryers and ranges, and a variety of consumer electronics, including projection, plasma and LCD televisions, camcorders, VCRs, DVD players and home theater products. They also sell home office equipment, lawn and garden products and bedding, and continue to introduce additional product categories for the home to help increase same store sales and to respond to their customers’ product needs. “
  • 7/25/2019 – Conn’s was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Conns Inc is a specialty retailer currently operating retail locations in Texas and Louisiana. It sells major home appliances, including refrigerators, freezers, washers, dryers and ranges, and a variety of consumer electronics, including projection, plasma and LCD televisions, camcorders, VCRs, DVD players and home theater products. They also sell home office equipment, lawn and garden products and bedding, and continue to introduce additional product categories for the home to help increase same store sales and to respond to their customers’ product needs. “
  • 7/19/2019 – Conn’s was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/17/2019 – Conn’s was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Conns Inc is a specialty retailer currently operating retail locations in Texas and Louisiana. It sells major home appliances, including refrigerators, freezers, washers, dryers and ranges, and a variety of consumer electronics, including projection, plasma and LCD televisions, camcorders, VCRs, DVD players and home theater products. They also sell home office equipment, lawn and garden products and bedding, and continue to introduce additional product categories for the home to help increase same store sales and to respond to their customers’ product needs. “

Shares of CONN traded down $0.29 during trading hours on Friday, reaching $26.42. 495,741 shares of the company traded hands, compared to its average volume of 557,011. The stock has a market capitalization of $776.69 million, a P/E ratio of 10.53, a P/E/G ratio of 0.42 and a beta of 2.19. The company has a quick ratio of 3.97, a current ratio of 5.01 and a debt-to-equity ratio of 2.01. Conn’s Inc has a 12-month low of $15.40 and a 12-month high of $37.70. The business has a fifty day moving average price of $20.66 and a 200-day moving average price of $21.46.

Conn’s (NASDAQ:CONN) last announced its quarterly earnings data on Tuesday, September 3rd. The specialty retailer reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.11. The firm had revenue of $401.10 million for the quarter, compared to analyst estimates of $398.10 million. Conn’s had a net margin of 5.35% and a return on equity of 14.27%. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.57 earnings per share. As a group, research analysts predict that Conn’s Inc will post 2.73 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Conn’s by 2.5% in the fourth quarter. Bank of America Corp DE now owns 42,163 shares of the specialty retailer’s stock valued at $795,000 after purchasing an additional 1,011 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Conn’s by 28.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,875,092 shares of the specialty retailer’s stock valued at $35,365,000 after purchasing an additional 411,845 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in Conn’s in the first quarter valued at $258,000. Arizona State Retirement System purchased a new stake in Conn’s in the first quarter valued at $862,000. Finally, Rhumbline Advisers boosted its holdings in Conn’s by 128.1% in the first quarter. Rhumbline Advisers now owns 63,936 shares of the specialty retailer’s stock valued at $1,462,000 after purchasing an additional 35,908 shares during the last quarter. 78.65% of the stock is currently owned by hedge funds and other institutional investors.

Conn's, Inc operates as a specialty retailer of durable consumer goods and related services in the United States. It operates through two segments, Retail and Credit. The company's stores offer furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; and home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges.

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