Rent-A-Center (RCII) Given News Impact Rating of 0.09
Headlines about Rent-A-Center (NASDAQ:RCII) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rent-A-Center earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.4137627937964 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Rent-A-Center (RCII) Upgraded to “Hold” by Zacks Investment Research (americanbankingnews.com)
- Attention Seeking Stock – Rent-A-Center, Inc. (NASDAQ: RCII) – Alpha Beta Stock (alphabetastock.com)
- Summary of what has been trade about Rent-A-Center, Inc. (RCII) – Wall Street Morning (wallstreetmorning.com)
- FY2017 EPS Estimates for Rent-A-Center Inc (RCII) Decreased by Jefferies Group (americanbankingnews.com)
- Analysts Set Expectations for Rent-A-Center Inc’s Q2 2018 Earnings (RCII) (americanbankingnews.com)
Several research firms have weighed in on RCII. Loop Capital set a $8.00 target price on Rent-A-Center and gave the stock a “sell” rating in a research note on Wednesday. Zacks Investment Research upgraded Rent-A-Center from a “sell” rating to a “hold” rating in a research note on Friday, January 12th. BidaskClub upgraded Rent-A-Center from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Jefferies Group cut their target price on Rent-A-Center from $12.00 to $11.00 and set a “hold” rating for the company in a research note on Wednesday, November 1st. Finally, Stifel Nicolaus restated a “hold” rating and set a $10.50 target price on shares of Rent-A-Center in a research note on Wednesday, November 1st. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $11.21.
Rent-A-Center (NASDAQ:RCII) last announced its quarterly earnings results on Monday, October 30th. The company reported ($0.15) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.07). Rent-A-Center had a negative net margin of 6.35% and a negative return on equity of 0.66%. The firm had revenue of $643.97 million during the quarter, compared to the consensus estimate of $649.09 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The firm’s revenue was down 7.2% on a year-over-year basis. equities analysts anticipate that Rent-A-Center will post -0.2 EPS for the current fiscal year.
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Rent-A-Center Company Profile
Rent-A-Center, Inc is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories), under rental purchase agreements. The Company operates in four segments: Core U.S., Acceptance Now, Mexico, and Franchising.
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