TheStreet upgraded shares of Conn’s (NASDAQ:CONN) from a d rating to a c- rating in a report released on Monday morning, TheStreetRatingsTable reports.

Several other research analysts also recently commented on CONN. BidaskClub downgraded Conn’s from a strong-buy rating to a buy rating in a report on Thursday, January 7th. ValuEngine downgraded Conn’s from a buy rating to a hold rating in a report on Friday, December 25th. Oppenheimer reissued a hold rating on shares of Conn’s in a report on Wednesday, December 9th. Finally, Zacks Investment Research downgraded Conn’s from a buy rating to a hold rating in a report on Tuesday, December 1st. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Conn’s presently has a consensus rating of Hold and an average price target of $15.40.

CONN stock opened at $13.80 on Monday. Conn’s has a 1-year low of $2.83 and a 1-year high of $14.73. The firm has a market cap of $403.00 million, a P/E ratio of -16.63 and a beta of 2.59. The business’s 50 day moving average is $12.28 and its 200-day moving average is $11.15. The company has a current ratio of 4.47, a quick ratio of 3.47 and a debt-to-equity ratio of 1.51.

Conn’s (NASDAQ:CONN) last announced its earnings results on Monday, December 7th. The specialty retailer reported $0.25 EPS for the quarter, topping the consensus estimate of $0.23 by $0.02. The business had revenue of $334.20 million for the quarter, compared to the consensus estimate of $343.93 million. Conn’s had a negative return on equity of 3.61% and a negative net margin of 1.62%. Conn’s’s revenue was down 11.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 EPS. Sell-side analysts forecast that Conn’s will post -0.65 EPS for the current year.

In other news, insider Brian Daly sold 11,300 shares of the stock in a transaction on Monday, December 28th. The stock was sold at an average price of $13.40, for a total value of $151,420.00. Following the transaction, the insider now owns 53,529 shares of the company’s stock, valued at approximately $717,288.60. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Todd Renaud sold 4,000 shares of the stock in a transaction on Wednesday, January 6th. The shares were sold at an average price of $12.41, for a total value of $49,640.00. Following the completion of the transaction, the vice president now directly owns 42,963 shares in the company, valued at approximately $533,170.83. The disclosure for this sale can be found here. 5.14% of the stock is currently owned by corporate insiders.

Several hedge funds have recently bought and sold shares of the company. Public Employees Retirement System of Ohio lifted its stake in shares of Conn’s by 34.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 4,210 shares of the specialty retailer’s stock valued at $42,000 after purchasing an additional 1,076 shares during the period. Trexquant Investment LP lifted its stake in shares of Conn’s by 2.8% in the 3rd quarter. Trexquant Investment LP now owns 45,243 shares of the specialty retailer’s stock valued at $479,000 after purchasing an additional 1,248 shares during the period. UBS Group AG lifted its stake in shares of Conn’s by 42.7% in the 2nd quarter. UBS Group AG now owns 8,258 shares of the specialty retailer’s stock valued at $83,000 after purchasing an additional 2,471 shares during the period. California Public Employees Retirement System lifted its stake in shares of Conn’s by 8.6% in the 3rd quarter. California Public Employees Retirement System now owns 42,268 shares of the specialty retailer’s stock valued at $447,000 after purchasing an additional 3,337 shares during the period. Finally, BNP Paribas Arbitrage SA lifted its stake in shares of Conn’s by 296.1% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 4,638 shares of the specialty retailer’s stock valued at $49,000 after purchasing an additional 3,467 shares during the period. 53.42% of the stock is currently owned by institutional investors.

Conn’s Company Profile

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 traditional and specialty mattresses; and home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges.

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