Press coverage about Rent-A-Center (NASDAQ:RCII) has trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Rent-A-Center earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.5163936392465 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:
- As of May, 7 Rent-A-Center, Inc. (RCII) Analysts See $0.06 EPS (djzplanet.com)
- Rent-A-Center, Inc. (RCII) EPS Estimated At $0.06 as of May, 7 (beyondtheninetyminutes.com)
- Putnam Investments Trimmed By $1.96 Million Its Dillards (DDS) Stake; Rent A Center (RCII) Sentiment Is 0.84 (mtastar.com)
- Simple Moving Averages under Consideration – Rent-A-Center Inc (NASDAQ: RCII) (stockspen.com)
- Rent-A-Center’s (RCII) Hold Rating Reaffirmed at Stifel Nicolaus (americanbankingnews.com)
Several analysts have recently issued reports on the stock. BidaskClub raised shares of Rent-A-Center from a “hold” rating to a “buy” rating in a research note on Friday. Jefferies Group restated a “hold” rating and set a $10.00 target price on shares of Rent-A-Center in a report on Wednesday, April 11th. Loop Capital upgraded shares of Rent-A-Center from a “sell” rating to a “hold” rating and lifted their target price for the company from $6.00 to $9.00 in a report on Monday, April 9th. ValuEngine upgraded shares of Rent-A-Center from a “strong sell” rating to a “sell” rating in a report on Tuesday, April 3rd. Finally, Zacks Investment Research lowered shares of Rent-A-Center from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 20th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. Rent-A-Center presently has an average rating of “Hold” and an average price target of $9.20.
Rent-A-Center (NASDAQ:RCII) last issued its quarterly earnings data on Tuesday, February 20th. The company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.34). Rent-A-Center had a negative return on equity of 11.30% and a net margin of 0.25%. The firm had revenue of $638.95 million during the quarter, compared to analyst estimates of $654.55 million. During the same quarter in the prior year, the firm earned ($0.23) EPS. The business’s quarterly revenue was down 6.6% compared to the same quarter last year. sell-side analysts anticipate that Rent-A-Center will post 0.17 EPS for the current year.
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Rent-A-Center, Inc, together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis. The company operates through four segments: Core U.S., Acceptance Now, Mexico, and Franchising. It offers durable products, such as consumer electronics; appliances; computers, including tablets; smartphones; and furniture, including accessories under rental purchase agreements.
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