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The company provided earnings per share guidance of for the period. The company issued revenue guidance of $312.20 million-$320.31 million, compared to the consensus revenue estimate of $326.11 million. Conn's' stock was trading at $23.52 at the beginning of 2022. Since then, CONN shares have decreased by 72.2% and is now trading at $6.55.
According to analysts' consensus price target of $16.50, Conn's has a forecasted upside of 151.9% from its current price of $6.55. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
How Is The Market Feeling About Conn's?
454 employees have rated Conn's Chief Executive Officer Norm Miller on Glassdoor.com. Norm Miller has an approval rating of 85% among the company's employees. Sign-up to receive the latest news and ratings for Conn's and its competitors with MarketBeat's FREE daily newsletter. The P/E ratio of Conn's is -14.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 8 people have added Conn's to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
The Credit segment provides in-house consumer credit programs that offer standardized credit decisions, including down payment, limit amounts, and credit terms. The company was founded by Edward Eastham in 1890 and is headquartered in The Woodlands, TX. 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Conn's in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock.
Jefferies Keeps Their Buy Rating on Conn’s (CONN)
After Conn's Inc.'s president and CEO resigned in October, the company expected poor financial performance for the third quarter. That didn't stop the company's interim CEO from calling the results "disappointing." There's a lot to be optimistic about in the Financial sector as 2 analysts just weighed in on Conn's (CONN – Research Report) and Healthequity (HQY – Research Report) with bullish sentiments. Furniture retailer Conn's Inc. said Wednesday its board has approved a share buyback program of up to $150 million.
Conn's doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.
Recent News
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. One share of CONN stock can currently be purchased for approximately $6.55.
High institutional ownership can be a signal of strong market trust in this company. Conn's Inc. on Tuesday recorded a wider than expected adjusted loss in the most recent fiscal quarter as same-store sales declined and the company's credit business increased its allowance for bad debts. There may be delays, omissions, or inaccuracies in the Information.
More News
Conn's offers white-glove, next day delivery service on all in-stock items so customers don't have to wait to enjoy their purchase. Through a personalized selection of payment options, including flexible in-house financing, Conn's strives to help all customers create a home they love. The Company is a specialty retailer of home appliances and consumer electronics. It sells home appliances, consumer electronics, home office equipment, lawn and garden products, mattresses and furniture.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. "We believe customers here will appreciate our next-day delivery service, and their ability to choose the payment option that works best for them." Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. In the past three months, Conn's insiders have not sold or bought any company stock. Conn's has only been the subject of 1 research reports in the past 90 days.
On average, they predict the company's share price to reach $16.50 in the next twelve months. This suggests a possible upside of 151.9% from the stock's current price. View analysts price targets for CONN or view top-rated stocks among Wall Street analysts.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. The Zacks Industry Rank assigns a rating to each of the 265 X Industries based on their average Zacks Rank. © 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed.
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.
Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. Conn's, Inc. was founded in 1890 and is headquartered in The Woodlands, Texas. Conn's, Inc. is a holding company, which engages in the retail and provision of consumer goods and related services. The firm also offers proprietary credit solutions for its core credit-constrained consumers through retail stores and its website. The Retail segment sells home appliances to the retail market, and owns and operates retail stores that offer furniture, home appliances, consumer electronics, and home office accessories.
Conn's Analyst Opinions
There is no current short interest data available for CONN. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 3 ETF and stocks to play the surge in retail sales in November. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%.
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