Conn’s, Inc. (NASDAQ:CONN) has been assigned a consensus rating of “Hold” from the six analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $21.00.

A number of research firms have commented on CONN. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Conn’s in a research report on Tuesday, June 6th. KeyCorp raised shares of Conn’s from a “sector weight” rating to an “overweight” rating and set a $22.00 target price for the company in a research report on Tuesday, April 25th. Zacks Investment Research raised shares of Conn’s from a “hold” rating to a “strong-buy” rating and set a $20.00 target price for the company in a research report on Wednesday, June 7th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $20.00 target price (up previously from $19.00) on shares of Conn’s in a research report on Wednesday, June 7th. Finally, ValuEngine raised shares of Conn’s from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd.

Conn’s (NASDAQ CONN) traded up 1.38% during trading on Tuesday, reaching $18.35. The company had a trading volume of 229,116 shares. The firm’s market capitalization is $569.09 million. Conn’s has a 12-month low of $6.54 and a 12-month high of $19.95. The firm’s 50 day moving average price is $17.47 and its 200 day moving average price is $13.12.

Conn’s (NASDAQ:CONN) last posted its earnings results on Tuesday, June 6th. The specialty retailer reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.22) by $0.17. Conn’s had a negative net margin of 1.18% and a negative return on equity of 0.72%. The business had revenue of $355.80 million during the quarter, compared to the consensus estimate of $357.53 million. During the same quarter in the previous year, the firm posted ($0.31) EPS. The firm’s revenue was down 8.6% on a year-over-year basis. Equities research analysts forecast that Conn’s will post $0.48 EPS for the current year.

In related news, Director Douglas H. Martin bought 10,000 shares of the business’s stock in a transaction on Wednesday, June 7th. The stock was acquired at an average price of $17.83 per share, with a total value of $178,300.00. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director James H. Haworth sold 7,392 shares of Conn’s stock in a transaction that occurred on Monday, June 12th. The stock was sold at an average price of $19.34, for a total transaction of $142,961.28. Following the completion of the sale, the director now directly owns 4,425 shares of the company’s stock, valued at approximately $85,579.50. The disclosure for this sale can be found here. Insiders own 3.60% of the company’s stock.

A number of large investors have recently bought and sold shares of the company. American International Group Inc. increased its stake in shares of Conn’s by 7.1% in the first quarter. American International Group Inc. now owns 12,501 shares of the specialty retailer’s stock worth $109,000 after buying an additional 830 shares during the last quarter. UBS Group AG increased its stake in shares of Conn’s by 1.8% in the first quarter. UBS Group AG now owns 82,122 shares of the specialty retailer’s stock worth $719,000 after buying an additional 1,431 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of Conn’s by 2.5% in the first quarter. Geode Capital Management LLC now owns 191,076 shares of the specialty retailer’s stock worth $1,671,000 after buying an additional 4,672 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Conn’s by 10.2% in the first quarter. SG Americas Securities LLC now owns 75,778 shares of the specialty retailer’s stock worth $663,000 after buying an additional 7,040 shares during the last quarter. Finally, Parametric Portfolio Associates LLC increased its stake in shares of Conn’s by 9.2% in the first quarter. Parametric Portfolio Associates LLC now owns 101,198 shares of the specialty retailer’s stock worth $885,000 after buying an additional 8,529 shares during the last quarter. 61.58% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: This piece was originally reported by American Banking News and is the property of of American Banking News. If you are reading this piece on another publication, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2017/07/11/conns-inc-conn-given-average-rating-of-hold-by-analysts.html.

About Conn’s

Conn’s, Inc is a specialty retailer that offers a selection of consumer goods and related services in addition to a credit solution for its core credit constrained consumers. The Company operates through two segments: retail and credit. The Retail segment includes product categories, such as furniture and mattress, including furniture and related accessories for the living room, dining room and bedroom; home appliance, including refrigerators, freezers, washers, dryers, dishwashers and ranges; Consumer electronics, including liquid-crystal-display (LED), organic LED (OLED), Ultra high definition (HD) and Internet-ready televisions, and home office, including computers, printers and accessories.

Receive News & Ratings for Conn's Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Conn's Inc. and related companies with MarketBeat.com's FREE daily email newsletter.