Rent-A-Center Inc (NASDAQ:RCII) shares traded -5.78% down during most recent session to reach at the closing price of $9.94. The stock exchanged hands 3.97 Million shares versus average trading capacity of 1.09 Million shares, yielding a market cap of $540.44 Million. Wall Street analysts covering the stock are projecting that the stock will reach $12.25 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 “Downgrades” Rent-A-Center Inc (NASDAQ:RCII) in a research note issued to investors on 10/25/17 to Market Perform with price target of $0.
Additionally on 6/07/17 Loop Capital “Downgrades” Rent-A-Center Inc (NASDAQ:RCII) to Sell setting price target at $8 and on 4/12/17 Raymond James “Upgrades” the stock to Strong Buy at $0. Furthermore on 12/13/16 Loop Capital “Initiates Coverage On” the stock to Hold at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 28.44 along with Average True Range (ATR 14) of 0.44, Consequently Rent-A-Center Inc (NASDAQ:RCII)’s weekly and monthly volatility is 4.40%, 3.48% respectively. The company’s beta value is at 0.67.
In terms of Buy, Sell or Hold recommendations, Rent-A-Center Inc (NASDAQ:RCII) has analysts’ mean recommendation of 2.6. 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 $-0.12 and can go high up to $0.08. The consensus mean EPS for the current quarter is at $-0.03 derived from a total of 9 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.11 earnings per share for the same quarter during last year.
Previously Rent-A-Center Inc (NASDAQ:RCII) reported $-0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $-0.09. The company posted an earnings surprise of -112.5%.
While considering growth estimates of the company, it has next quarter growth estimates of 130.4% whereas during current quarter it has -127.3% estimations over growth, comparing to the estimations of -88.3% during current year and 755.6% for next year. Past 5 years growth of Rent-A-Center Inc (NASDAQ:RCII) observed at -29.17%, 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 $644.5 Million according to 8 number of analysts, for the current quarter the company has high revenue estimates of $669.8 Million in contradiction of low revenue estimates of $606.4 Million. For the current year the company’s revenue estimates are $2.73 Billion compared to low analyst estimates of $2.63 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 1.6%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded 20%, as well as three-month change in the institutional ownership was recorded 0.92%.
Rent-A-Center Inc (NASDAQ:RCII) 52-week high price stands at $13.89 and low price stands at $7.76, its price distance from 52-week high is -28.44% while its distance from 52-week low price is 28.09%. The stock hit its 52-week high on 08/03/17, and 52-week low on 01/27/17.
Rent-A-Center Inc (NASDAQ:RCII)’s trailing twelve month revenues are $2.8 Billion, whereas its price to sales ratio for the same period is 0.19. Its book value per share for the most recent quarter is $4.67 while its price to book ratio for the same period is 2.13, as for as the company’s cash per share for the most recent quarter is $1.36, however its price to cash per share ratio for the same period is 7.32. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.