Share on StockTwits

CONN'S (NASDAQ:CONN) was downgraded by equities research analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, reports.

CONN has been the subject of a number of other recent research reports. Analysts at SunTrust cut their price target on shares of CONN'S from $65.00 to $45.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Piper Jaffray downgraded shares of CONN'S from an “overweight” rating to a “neutral” rating in a research note on Tuesday. Finally, 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. Seven 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 $57.40.

CONN'S (NASDAQ:CONN) opened at 31.00 on Wednesday. CONN'S has a 52-week low of $30.85 and a 52-week high of $80.34. The stock has a 50-day moving average of $42.04 and a 200-day moving average of $42.09. The company has a market cap of $1.121 billion and a price-to-earnings ratio of 16.61.

CONN'S (NASDAQ:CONN) last issued its quarterly earnings data on Tuesday, September 2nd. The company reported $0.50 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.75 by $0.25. The company had revenue of $353.00 million for the quarter. During the same quarter last year, the company posted $0.52 earnings per share. CONN'S’s revenue was up 30.4% compared to the same quarter last year. On average, analysts predict that CONN'S will post $3.54 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.

The Fly On The Wall

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.