How Have the Numbers Shaped Up for Conn’s Stock Forecast, Price & News (NASDAQ:CONN)

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Earnings results for Conn’s Stock Forecast, Price & News (NASDAQ:CONN)

Conn’s, Inc. is expected* to report earnings on 09/03/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.16. The reported EPS for the same quarter last year was $0.62.

Conn’s last released its quarterly earnings results on June 9th, 2020. The specialty retailer reported ($1.89) EPS for the quarter, missing analysts’ consensus estimates of ($0.32) by $1.57. The business earned $317.20 million during the quarter, compared to analysts’ expectations of $309.86 million. Its revenue for the quarter was down 10.3% on a year-over-year basis. Conn’s has generated $1.92 earnings per share over the last year. Conn’s has confirmed that its next quarterly earnings report will be published on Thursday, September 3rd, 2020.

Analyst Opinion on Conn’s Stock Forecast, Price & News (NASDAQ:CONN)

6 Wall Street analysts have issued ratings and price targets for Conn’s in the last 12 months. Their average twelve-month price target is $21.75, predicting that the stock has a possible upside of 58.76%. The high price target for CONN is $41.00 and the low price target for CONN is $6.00. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Conn’s has received a consensus rating of Hold. The company’s average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $21.75, Conn’s has a forecasted upside of 58.8% from its current price of $13.70. Conn’s has only been the subject of 3 research reports in the past 90 days.

Dividend Strength: Conn’s Stock Forecast, Price & News (NASDAQ:CONN)

Conn’s does not currently pay a dividend. Conn’s does not have a long track record of dividend growth.

Insiders buying/selling: Conn’s Stock Forecast, Price & News (NASDAQ:CONN)

In the past three months, Conn’s insiders have not sold or bought any company stock. Only 5.14% of the stock of Conn’s is held by insiders. 59.45% of the stock of Conn’s is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Conn’s Stock Forecast, Price & News (NASDAQ:CONN

Earnings for Conn’s are expected to grow in the coming year, from ($2.13) to $1.07 per share. The P/E ratio of Conn’s is -21.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Conn’s is -21.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Conn’s has a P/B Ratio of 0.63. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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