Rent-A-Center (RCII) Set to Announce Earnings on Tuesday
Rent-A-Center (NASDAQ:RCII) will post its Q413 quarterly earnings results on Tuesday, January 28th. Analysts expect Rent-A-Center to post earnings of $0.76 per share and revenue of $792.12 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Rent-A-Center (NASDAQ:RCII) opened at 31.03 on Monday. Rent-A-Center has a 1-year low of $30.74 and a 1-year high of $40.80. The stock has a 50-day moving average of $32.93 and a 200-day moving average of $36.01. The company has a market cap of $1.661 billion and a price-to-earnings ratio of 10.84.
RCII has been the subject of a number of recent research reports. Analysts at Canaccord Genuity cut their price target on shares of Rent-A-Center from $38.00 to $31.00 in a research note to investors on Friday, January 17th. They now have a “hold” rating on the stock. On a related note, analysts at Thomson Reuters/Verus upgraded shares of Rent-A-Center from a “sell” rating to a “hold” rating in a research note to investors on Tuesday, December 24th. Finally, analysts at Zacks reiterated an “underperform” rating on shares of Rent-A-Center in a research note to investors on Tuesday, December 17th. They now have a $30.00 price target on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $36.83.
Rent-A-Center, Inc is a rent-to-own operator in North America. It provides the customers the ownership of durable products, such as consumer electronics, appliances, computers, furniture and accessories, under rental purchase agreements with no long-term obligation.
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