NASDAQ:CONN

Conn's - CONN Stock Forecast, Price & News

$7.87

-1.23 (-13.52%)

(As of 12/7/2022 12:00 AM ET)

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Today's Range: $7.84
▼
$8.95
50-Day Range: $6.76
▼
$9.97
52-Week Range: $6.22
▼
$25.93

Volume: 375,559 shs
Average Volume: 469,699 shs
Market Capitalization: $188.12 million

P/E Ratio: 6.56
Dividend Yield: N/A
Price Target: $18.50

Conn's MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 109.7% Upside
$16.50 Price Target
Short Interest: Healthy
19.49% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.15
Based on 16 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.17) to $0.17 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Retail/Wholesale Sector

73rd out of 210 stocks

Radio, Television, & Electronic Stores Industry

2nd out of 2 stocks

3.2

Analyst's Opinion

Consensus Rating
Conn's has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $16.50, Conn's has a forecasted upside of 109.7% from its current price of $7.87.
Amount of Analyst Coverage
Conn's has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
19.49% of the float of Conn's has been sold short.
Short Interest Ratio / Days to Cover
Conn's has a short interest ratio ("days to cover") of 7.7.
Change versus previous month
Short interest in Conn's has recently decreased by 7.30%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Conn's does not currently pay a dividend.
Dividend Growth
Conn's does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CONN.

2.1

News and Social Media Coverage

News Sentiment
Conn's has a news sentiment score of -0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for Conn's this week, compared to 4 articles on an average week.
Search Interest
1 people have searched for CONN on MarketBeat in the last 30 days.
MarketBeat Follows
8 people have added Conn's to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Conn's insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 6.64% of the stock of Conn's is held by insiders.
Percentage Held by Institutions
81.04% of the stock of Conn's is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Conn's are expected to grow in the coming year, from ($1.17) to $0.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Conn's is 6.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of Conn's is 6.56, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 42.58.
Price to Book Value per Share Ratio
Conn's has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Conn's (NASDAQ:CONN) Stock

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. It operates through two segments, Retail and Credit. The company's stores offer furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as flat and other mattresses; and home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges. Its stores also provide consumer electronics comprising LED, OLED, QLED, 4K Ultra HD, 8K televisions, gaming products, video game consoles, and home theater and portable audio equipment; and home office products, including computers, tablets, monitors, and accessories. In addition, the company offers short- and medium-term financing to its retail customers; and product support services, which comprise next-day delivery and installation services, credit insurance products, product repair services, and repair service agreements. As of July 27, 2022, it operated approximately 160 retail locations in Alabama, Arizona, Colorado, Florida, Georgia, Louisiana, Mississippi, Nevada, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, and Virginia. Conn's, Inc. was founded in 1890 and is headquartered in The Woodlands, Texas.

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CONN Stock News Headlines

November 27, 2022 | marketbeat.com

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