Conns Inc’s (NASDAQ:CONN) Sentiment is 1.29

January 22, 2018 - By Louis Casey

 Conns Inc's (NASDAQ:CONN) Sentiment is 1.29

Sentiment for Conns Inc (NASDAQ:CONN)

Conns Inc (NASDAQ:CONN) institutional sentiment increased to 1.29 in Q3 2017. Its up 0.25, from 1.04 in 2017Q2. The ratio is positive, as 58 institutional investors opened new and increased positions, while 45 reduced and sold stock positions in Conns Inc. The institutional investors in our partner’s database reported: 20.50 million shares, down from 20.72 million shares in 2017Q2. Also, the number of institutional investors holding Conns Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 13 Reduced: 32 Increased: 32 New Position: 26.

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. The company has market cap of $1.15 billion. It operates through two divisions, Retail and Credit. It has a 369.19 P/E ratio. The companyÂ’s stores provide furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; home appliances comprising refrigerators, freezers, washers, dryers, dishwashers, and ranges; and home office products consisting of computers, printers, and accessories.

The stock increased 2.96% or $1.05 during the last trading session, reaching $36.55. About 188,690 shares traded. Conn's, Inc. (NASDAQ:CONN) has risen 45.89% since January 22, 2017 and is uptrending. It has outperformed by 29.19% the S&P500.

Analysts await Conn's, Inc. (NASDAQ:CONN) to report earnings on April, 3. They expect $0.49 earnings per share, up 880.00 % or $0.44 from last year’s $0.05 per share. CONN’s profit will be $15.38M for 18.65 P/E if the $0.49 EPS becomes a reality. After $0.18 actual earnings per share reported by Conn's, Inc. for the previous quarter, Wall Street now forecasts 172.22 % EPS growth.

Pacific Global Investment Management Co holds 2.82% of its portfolio in Conn's, Inc. for 443,080 shares. Falcon Point Capital Llc owns 494,716 shares or 2.21% of their US portfolio. Moreover, Anchorage Capital Group L.L.C. has 1.4% invested in the company for 4.55 million shares. The Massachusetts-based Par Capital Management Inc has invested 0.97% in the stock. Northpointe Capital Llc, a Michigan-based fund reported 266,251 shares.#img1#

Since January 1, 0001, it had 3 insider purchases, and 1 sale for $53.27 million activity.

Conn's, Inc. (NASDAQ:CONN) Ratings Coverage

Ratings analysis reveals 67% of CONN’S’s analysts are positive. Out of 6 Wall Street analysts rating CONN’S, 4 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $16 while the high is $45. The stock’s average target of $37.60 is 2.87% above today’s ($36.55) share price. CONN was included in 18 notes of analysts from August 17, 2015. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, January 13 report. The firm has “Buy” rating by SunTrust given on Tuesday, October 24. The stock of Conn's, Inc. (NASDAQ:CONN) has “Hold” rating given on Monday, October 9 by Stifel Nicolaus. The stock of Conn's, Inc. (NASDAQ:CONN) has “Buy” rating given on Wednesday, June 7 by Stifel Nicolaus. The firm has “Neutral” rating by Piper Jaffray given on Friday, June 3. As per Tuesday, June 6, the company rating was maintained by Oppenheimer. The company was upgraded on Wednesday, September 21 by Stifel Nicolaus. The stock of Conn's, Inc. (NASDAQ:CONN) earned “Outperform” rating by Oppenheimer on Friday, September 29. On Wednesday, October 18 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The firm has “Buy” rating by KeyBanc Capital Markets given on Thursday, September 7.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.