Rent-A-Center closed at $25.14 in the latest trading session, marking a -0.08% move from the prior day. This move lagged the S&P 500's daily gain of 0.95%. Elsewhere, the Dow gained 0.94%, while the tech-heavy Nasdaq added 0.8%.
Prior to today's trading, shares of the company that leases furniture and appliances with an option to buy had gained 7.38% over the past month. This has outpaced the Consumer Discretionary sector's gain of 1.89% and the S&P 500's gain of 2.47% in that time.
RCII will be looking to display strength as it nears its next earnings release. In that report, analysts expect RCII to post earnings of $0.56 per share. This would mark year-over-year growth of 19.15%. Meanwhile, our latest consensus estimate is calling for revenue of $641.66 million, down 2.15% from the prior-year quarter.
RCII's full-year Zacks Consensus Estimates are calling for earnings of $2.12 per share and revenue of $2.61 billion. These results would represent year-over-year changes of +100% and -1.94%, respectively.
Investors should also note any recent changes to analyst estimates for RCII. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. RCII is currently sporting a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that RCII has a Forward P/E ratio of 11.85 right now. Its industry sports an average Forward P/E of 14.36, so we one might conclude that RCII is trading at a discount comparatively.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 68, putting it in the top 27% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Image: Bigstock
Rent-A-Center (RCII) Stock Sinks As Market Gains: What You Should Know
Rent-A-Center closed at $25.14 in the latest trading session, marking a -0.08% move from the prior day. This move lagged the S&P 500's daily gain of 0.95%. Elsewhere, the Dow gained 0.94%, while the tech-heavy Nasdaq added 0.8%.
Prior to today's trading, shares of the company that leases furniture and appliances with an option to buy had gained 7.38% over the past month. This has outpaced the Consumer Discretionary sector's gain of 1.89% and the S&P 500's gain of 2.47% in that time.
RCII will be looking to display strength as it nears its next earnings release. In that report, analysts expect RCII to post earnings of $0.56 per share. This would mark year-over-year growth of 19.15%. Meanwhile, our latest consensus estimate is calling for revenue of $641.66 million, down 2.15% from the prior-year quarter.
RCII's full-year Zacks Consensus Estimates are calling for earnings of $2.12 per share and revenue of $2.61 billion. These results would represent year-over-year changes of +100% and -1.94%, respectively.
Investors should also note any recent changes to analyst estimates for RCII. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. RCII is currently sporting a Zacks Rank of #1 (Strong Buy).
Valuation is also important, so investors should note that RCII has a Forward P/E ratio of 11.85 right now. Its industry sports an average Forward P/E of 14.36, so we one might conclude that RCII is trading at a discount comparatively.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 68, putting it in the top 27% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.