Rent-A-Center Inc (NASDAQ:RCII) Technical and Valuation Says it All

Rent-A-Center Inc (NASDAQ:RCII) shares traded 0.92% up during most recent session to reach at the closing price of $10.94. The stock exchanged hands 1.71 Million shares versus average trading capacity of 1.98 Million shares, yielding a market cap of $581.97 Million. Wall Street analysts covering the stock are projecting that the stock will reach $12 within the next 52-weeks. The mean target projections are based on 8 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Rent-A-Center Inc (NASDAQ:RCII) high price target of $16 and with a conservative view have low price target of $8.

Raymond James “Upgrades” Rent-A-Center Inc (NASDAQ:RCII) in a research note issued to investors on 4/12/17 to Strong Buy with price target of $0.

Additionally on 12/13/16 Loop Capital “Initiates Coverage On” Rent-A-Center Inc (NASDAQ:RCII) to Hold setting price target at $0 and on 12/06/16 Raymond James “Downgrades” the stock to Market Perform at $0. Furthermore on 11/15/16 Sidoti & Co. “Downgrades” the stock to Neutral at $0.

On the other hand the company has Relative Strength Index (RSI 14) of 49.75 along with Average True Range (ATR 14) of 0.36, Consequently Rent-A-Center Inc (NASDAQ:RCII)’s weekly and monthly volatility is 2.48%, 3.33% respectively. The company’s beta value is at 0.64.

In terms of Buy, Sell or Hold recommendations, Rent-A-Center Inc (NASDAQ:RCII) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Rent-A-Center Inc (NASDAQ:RCII)’s minimum EPS for the current quarter is at $0.03 and can go high up to $0.18. The consensus mean EPS for the current quarter is at $0.09 derived from a total of 8 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.41 earnings per share for the same quarter during last year.

Previously Rent-A-Center Inc (NASDAQ:RCII) reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.03 by $0.07. The company posted an earnings surprise of 233.3%.

While considering growth estimates of the company, it has next quarter growth estimates of -18.2% whereas during current quarter it has -78% estimations over growth, comparing to the estimations of -54.5% during current year and 160% for next year. Past 5 years growth of Rent-A-Center Inc (NASDAQ:RCII) observed at -28.56%, looking forward for the next 5 years it has a strong prediction of 5% over growth.

Rent-A-Center Inc (NASDAQ:RCII)’s revenue estimates for the current quarter are $668.13 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $685.1 Million in contradiction of low revenue estimates of $620.94 Million. For the current year the company’s revenue estimates are $2.72 Billion compared to low analyst estimates of $2.61 Billion and high estimates of $2.78 Billion according to 9 number of analysts.

Currently Rent-A-Center Inc (NASDAQ:RCII)’s shares owned by insiders are 1.8%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 204.23%, as well as three-month change in the institutional ownership was recorded 15.71%.

Rent-A-Center Inc (NASDAQ:RCII) 52-week high price stands at $13.73 and low price stands at $7.76, its price distance from 52-week high is -20.32% while its distance from 52-week low price is 40.98%. The stock hit its 52-week high on 07/27/16, and 52-week low on 01/27/17.

Rent-A-Center Inc (NASDAQ:RCII)’s trailing twelve month revenues are $2.87 Billion, whereas its price to sales ratio for the same period is 0.2. Its book value per share for the most recent quarter is $4.86 while its price to book ratio for the same period is 2.25, as for as the company’s cash per share for the most recent quarter is $1.1, however its price to cash per share ratio for the same period is 9.99. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

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