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Rent-A-Center (NASDAQ:RCII) set a new 52-week low during trading on Tuesday, Analyst Ratings Network reports. The stock traded as low as $24.60 and last traded at $24.66, with a volume of 6,014,581 shares. The stock had previously closed at $31.22.

A number of analysts have recently weighed in on RCII shares. Analysts at Canaccord Genuity cut their price target on shares of Rent-A-Center from $31.00 to $23.00 in a research note to investors on Tuesday. They now have a “hold” rating on the stock. Finally, 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. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $35.50.

Rent-A-Center has a 52 week low of $30.74 and a 52 week high of $40.80. The stock has a 50-day moving average of $32.8 and a 200-day moving average of $35.89. The company has a market cap of $1.301 billion and a price-to-earnings ratio of 10.78.

Rent-A-Center (NASDAQ:RCII) last announced its earnings results on Tuesday, January 28th. The company reported $0.25 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.76 by $0.51. The company had revenue of $769.61 million for the quarter, compared to the consensus estimate of $792.12 million. During the same quarter in the prior year, the company posted $0.81 earnings per share. The company’s quarterly revenue was up 1.5% on a year-over-year basis. Analysts expect that Rent-A-Center will post $3.20 EPS for the current fiscal year.

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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