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.
Several price targets were given for RCII by the analysts covering the stock. The maximum price target given was 16, implying a possible profit of 25.2 percent. The minimum price target given was 8, implying a possible loss of -37.4 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -6.25 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.25 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -5.63 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 17.21 percent in FY estimates.
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, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.
RCII has traded between a high of 13.73 and a low of 7.76 over the past year. The current market price is above the trailing year's low by 64.69 percent, and 6.92 percent lower than its 52-week high. RCII has a P/E 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's next earnings release will be on 0000-00-00, which is days away.