CONN'S (CONN) Announces Quarterly Earnings Results, Misses Expectations By $0.25 EPS
CONN'S (NASDAQ:CONN) issued its quarterly earnings data on Tuesday. The company reported $0.50 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.75 by $0.25, Stock Ratings Network reports.
CONN'S (NASDAQ:CONN) opened at 44.83 on Tuesday. CONN'S has a 52-week low of $31.17 and a 52-week high of $80.34. The stock’s 50-day moving average is $42.48 and its 200-day moving average is $42.58. The company has a market cap of $1.621 billion and a P/E ratio of 16.57.
On the ratings front, 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. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus 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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