Somewhat Favorable News Coverage Somewhat Unlikely to Affect Rent-A-Center (RCII) Share Price
Press coverage about Rent-A-Center (NASDAQ:RCII) has been trending somewhat positive on Tuesday, according to Accern. The research group scores the sentiment of media coverage by reviewing 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 impact score of 0.14 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.1733079878051 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Do Investors Feel Confident About Stock’s Future Direction? – Rent-A-Center, Inc. (NASDAQ: RCII) – Alpha Beta Stock (alphabetastock.com)
- Why Technical Analysis Matters on Rent-A-Center, Inc. (RCII) – Wall Street Morning (wallstreetmorning.com)
- Are These Going Behind the Curtain? Rent-A-Center, Inc. (RCII), Wal-Mart Stores, Inc. (WMT) – Market Movers (financialqz.com)
- Rent-A-Center, Inc., (NASDAQ: RCII) – Investor’s Alert (Risk Factors’ Analysis) – Stock Watch (stocksnewstimes.com)
- Rent-A-Center, Inc. (NASDAQ:RCII) – PEG Ratio Can Tell You A Different Story Than P/E – Nasdaq Journal (press release) (nasdaqjournal.com)
RCII has been the subject of several research analyst reports. Zacks Investment Research downgraded Rent-A-Center from a “hold” rating to a “sell” rating in a research note on Wednesday, November 15th. Jefferies Group reiterated a “hold” rating and set a $12.00 target price on shares of Rent-A-Center in a report on Thursday, September 7th. Raymond James Financial reiterated a “market perform” rating on shares of Rent-A-Center in a report on Wednesday, October 25th. Stifel Nicolaus reiterated a “hold” rating and set a $10.50 target price on shares of Rent-A-Center in a report on Wednesday, November 1st. Finally, BidaskClub cut Rent-A-Center from a “hold” rating to a “sell” rating in a report on Friday, December 15th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $11.21.
Shares of Rent-A-Center (NASDAQ:RCII) opened at $11.10 on Tuesday. Rent-A-Center has a fifty-two week low of $7.76 and a fifty-two week high of $13.89. The company has a current ratio of 2.55, a quick ratio of 0.46 and a debt-to-equity ratio of 2.69. The stock has a market capitalization of $591.76, a price-to-earnings ratio of -3.36 and a beta of 0.69.
Rent-A-Center (NASDAQ:RCII) last posted its quarterly earnings data on Monday, October 30th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.08) by ($0.07). Rent-A-Center had a negative return on equity of 0.66% and a negative net margin of 6.35%. The business had revenue of $643.97 million for the quarter, compared to analyst estimates of $649.09 million. During the same quarter last year, the business earned $0.11 EPS. Rent-A-Center’s revenue for the quarter was down 7.2% compared to the same quarter last year. research analysts expect that Rent-A-Center will post -0.19 EPS for the current fiscal year.
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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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