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 potential capital gains of 25.2 percent. The most pessimistic analyst gave a price target of 8, implying potential capital losses of -37.4 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -5.63 percent, as compared to a month ago. 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. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.
In the trailing 52-weeks, RCII hit 13.73 at the highest peak, while it's lowest trading point was 7.76. Today's price is 64.69 percent above the 52-week low, 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.