CONN'S Given Consensus Rating of “Buy” by Analysts (NASDAQ:CONN)
CONN'S (NASDAQ:CONN) has earned an average recommendation of “Buy” from the ten brokerages that are currently covering the stock, American Banking and Market News reports. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $64.13.
CONN has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of CONN'S from a “neutral” rating to an “outperform” rating in a research note on Tuesday, July 1st. They now have a $52.90 price target on the stock. Separately, analysts at Stifel Nicolaus raised their price target on shares of CONN'S from $51.00 to $61.00 in a research note on Tuesday, June 3rd. They now have a “buy” rating on the stock. Finally, analysts at SunTrust raised their price target on shares of CONN'S from $55.00 to $65.00 in a research note on Tuesday, June 3rd.
CONN'S (NASDAQ:CONN) opened at 44.45 on Wednesday. CONN'S has a 1-year low of $31.17 and a 1-year high of $80.34. The stock’s 50-day moving average is $47.13 and its 200-day moving average is $48.60. The company has a market cap of $1.607 billion and a price-to-earnings ratio of 17.07.
CONN'S (NASDAQ:CONN) last issued its quarterly earnings data on Monday, June 2nd. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.07. The company had revenue of $335.40 million for the quarter, compared to the consensus estimate of $328.52 million. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 33.6% on a year-over-year basis. On average, analysts predict that CONN'S will post $3.59 earnings per share for the current fiscal year.
Conn’s, Inc is a holding company. The Company is a specialty retailer of durable consumer products, and it also provides consumer credit to support its customers’ purchases of the products that it offer.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.