Headlines about Rent-A-Center (NASDAQ:RCII) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rent-A-Center earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.3785756333821 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have impacted Accern’s scoring:
Rent-A-Center (NASDAQ:RCII) traded down $0.28 during mid-day trading on Friday, reaching $11.55. 1,720,000 shares of the company were exchanged, compared to its average volume of 2,100,000. Rent-A-Center has a twelve month low of $7.76 and a twelve month high of $13.89. The company has a quick ratio of 0.46, a current ratio of 2.55 and a debt-to-equity ratio of 2.69.
Rent-A-Center (NASDAQ:RCII) last released its quarterly earnings data on Monday, October 30th. The company reported ($0.15) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.07). The company had revenue of $643.97 million for the quarter, compared to analyst estimates of $649.09 million. Rent-A-Center had a negative return on equity of 0.66% and a negative net margin of 6.35%. Rent-A-Center’s revenue for the quarter was down 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.11 earnings per share. research analysts expect that Rent-A-Center will post -0.19 earnings per share for the current fiscal year.
Several brokerages have recently commented on RCII. Zacks Investment Research cut shares of Rent-A-Center from a “hold” rating to a “sell” rating in a research report on Wednesday. BidaskClub upgraded shares of Rent-A-Center from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 5th. Stifel Nicolaus restated a “hold” rating and issued a $10.50 target price on shares of Rent-A-Center in a research report on Wednesday, November 1st. Loop Capital set a $8.00 target price on shares of Rent-A-Center and gave the company a “sell” rating in a research report on Tuesday, October 31st. Finally, Raymond James Financial, Inc. restated a “market perform” rating on shares of Rent-A-Center in a research report on Wednesday, October 25th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $11.21.
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Rent-A-Center Company Profile
Rent-A-Center, Inc is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories), under rental purchase agreements. The Company operates in four segments: Core U.S., Acceptance Now, Mexico, and Franchising.
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