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454 employees have rated Conn's Chief Executive Officer Norm Miller on Glassdoor.com. Norm Miller has an approval rating of 85% among the company's employees. Sign-up to receive the latest news and ratings for Conn's and its competitors with MarketBeat's FREE daily newsletter. The P/E ratio of Conn's is -14.89, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. 8 people have added Conn's to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.
On average, they predict the company's share price to reach $16.50 in the next twelve months. This suggests a possible upside of 151.9% from the stock's current price. View analysts price targets for CONN or view top-rated stocks among Wall Street analysts.
Key Earnings Data
Conn's' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.77%), Dimensional Fund Advisors LP (6.50%), Vanguard Group Inc. (4.03%), State Street Corp (2.53%), Two Sigma Advisers LP (1.13%) and Bank of New York Mellon Corp (0.78%). Conn's updated its third quarter 2023 earnings guidance on Thursday, November, 3rd.
There is no current short interest data available for CONN. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 3 ETF and stocks to play the surge in retail sales in November. The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%.
Conn's (CONN) Reports Q3 Loss, Tops Revenue Estimates
Conn's doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report.
According to analysts' consensus price target of $16.50, Conn's has a forecasted upside of 151.9% from its current price of $6.55. Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.
Conn's, Inc. (CONN)
The consensus among Wall Street research analysts is that investors should "hold" CONN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CONN, but not buy additional shares or sell existing shares. 3 equities research analysts have issued 12 month target prices for Conn's' shares. Their CONN share price forecasts range from $9.00 to $24.00.
Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. Conn's, Inc. was founded in 1890 and is headquartered in The Woodlands, Texas. Conn's, Inc. is a holding company, which engages in the retail and provision of consumer goods and related services. The firm also offers proprietary credit solutions for its core credit-constrained consumers through retail stores and its website. The Retail segment sells home appliances to the retail market, and owns and operates retail stores that offer furniture, home appliances, consumer electronics, and home office accessories.
Looking Into Conn's's Return On Invested Capital
The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Moody’s Daily Credit Risk Score is a 1-10 score of a company’s credit risk, based on an analysis of the firm’s balance sheet and inputs from the stock market. The score provides a forward-looking, one-year measure of credit risk, allowing investors to make better decisions and streamline their work ow.
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Intraday data delayed at least 15 minutes or per exchange requirements. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. To receive marketing offer and advertisements via text/SMS message to your mobile device for products, services and financing offered by Conn's HomePlus.
The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings. KeyBanc downgraded the stock of furniture retailer Conn's Inc. to sector weight from overweight on Tuesday, after a mixed third-quarter that included a better performance from its credit portfolio and lower-than-expected ... Shares of Conn's Inc. plummeted 18.6% in premarket trading toward a more than two-year low, after the home goods retailer warned of a revenue shortfall and said its chief executive officer stepped down after just 14 month...
Updated daily, it takes into account day-to-day movements in market value compared to a company’s liability structure. Conn's Inc. shares soared 17% in premarket trade Thursday, after the furniture and home appliances retailer posted a surprise profit for its fiscal second quarter. The company said it had net income of $20.5 million, or 7... Furniture retailer Conn's Inc. shares soared 10% in premarket trade Thursday, after the company posted first-quarter earnings that crushed expectations. The Woodlands, Texas-based Conn's said it had net income of $45.4 mi... Real-time analyst ratings, insider transactions, earnings data, and more.
Conn's Estimates* in USD
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. "We believe customers here will appreciate our next-day delivery service, and their ability to choose the payment option that works best for them." Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. In the past three months, Conn's insiders have not sold or bought any company stock. Conn's has only been the subject of 1 research reports in the past 90 days.
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