CONN'S (CONN) Set to Announce Quarterly Earnings on Tuesday
CONN'S (NASDAQ:CONN) will announce its Q215 earnings results on Tuesday, September 2nd. Analysts expect the company to announce earnings of $0.75 per share and revenue of $353.65 million for the quarter.
CONN'S (NASDAQ:CONN) opened at 44.83 on Monday. CONN'S has a 52 week low of $31.17 and a 52 week high of $80.34. The stock has a 50-day moving average of $42.48 and a 200-day moving average of $42.58. The company has a market cap of $1.621 billion and a P/E ratio of 16.57. CONN'S also was the recipient of unusually large options trading on Friday. Traders purchased 9,028 put options on the company. This represents an increase of 839% compared to the average volume of 961 put options.
A number of research firms have recently commented on CONN. Analysts at Zacks downgraded shares of CONN'S from an “outperform” rating to a “neutral” rating in a research note on Monday, August 4th. They now have a $49.00 price target on the stock. On a related note, 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. Finally, 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. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. CONN'S presently has an average rating of “Hold” and an average price target of $61.33.
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.
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