Analyst Ratings for Rent-A-Center Inc. (RCII)Updated: 2017-07-27
Shares of Rent-A-Center Inc. (NASDAQ:RCII) have received a consensus rating of Hold from Wall Street analysts. Last month, RCII received an average rating of Hold.
3 analysts declared RCII a buy, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 2 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.
Many analysts weighed in on price targets for RCII. The highest price target was 16, which equates to a potential upside of 25.2 percent. The most pessimistic price target was 8, implying a possible loss of -37.4 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -6.25 percent. That number becomes -6.25 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -5.63 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 17.21 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 2 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, RCII hit 13.73 at the highest peak, while it's lowest trading point was 7.76. Currently the stock is 64.69 percent higher than its low, and 6.92 percent lower than its 52-week high. RCII has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The RCII value stock report compares RCII to some of its peers using value stock charts. The market cap of RCII is $0.67613 billion. RCII is estimated to release their earnings results for the quarter on 0000-00-00, days from today.