Conn’s Inc (NASDAQ: CONN) stock enjoyed a major increase of 10.5% on 5/31/24. The shares closed at $3.58. However, this advance was accompanied by exceptionally low trading volume at 40% of normal. The stock has performed in line with the market over the last nine months and has declined -4.3% during the last week.
Current PriceTarget Research Rating
CONN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Conn’s has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Conn’s has a very high Appreciation Score of 97 but a slightly negative Power Rating of 35, and the Positive Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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