For its fourth fiscal quarter (ending January 31), Conn’s Inc (NASDAQ: CONN) has reported E.P.S. of $1.77 compared to $-1.79 a year ago. This performance was $3.08 better than the consensus estimate of $-1.31. For the latest four quarters through January 31, E.P.S. were $-3.17 versus $-2.46 for the same period a year ago.
Recent Price Action
Conn’s Inc (NASDAQ: CONN) stock enjoyed a major increase of 26.3% on 4/11/24. The shares closed at $4.03. Moreover, trading volume in this advance was exceptionally high at 492% of normal. The stock has performed in line with the market over the last nine months and has risen 29.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, CONN is expected to be Value Creation neutral.
Conn’s has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Conn’s has a very high Appreciation Score of 98 but a neutral Power Rating of 46, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
Be the first to comment