Conn’s (NASDAQ:CONN – Get Rating) will be posting its quarterly earnings results before the market opens on Wednesday, June 1st. Analysts expect Conn’s to post earnings of $0.18 per share for the quarter.
Conn’s (NASDAQ:CONN – Get Rating) last posted its quarterly earnings results on Tuesday, March 29th. The specialty retailer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.15). The company had revenue of $402.50 million during the quarter, compared to analyst estimates of $412.44 million. Conn’s had a net margin of 6.81% and a return on equity of 17.62%. Conn’s’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.91 EPS. On average, analysts expect Conn’s to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NASDAQ CONN traded up $0.98 on Thursday, reaching $14.02. 5,635 shares of the company were exchanged, compared to its average volume of 559,260. The company has a current ratio of 3.18, a quick ratio of 2.22 and a debt-to-equity ratio of 0.85. Conn’s has a fifty-two week low of $11.27 and a fifty-two week high of $31.48. The business’s fifty day moving average price is $16.06 and its 200 day moving average price is $19.96. The stock has a market capitalization of $333.49 million, a P/E ratio of 3.91, a price-to-earnings-growth ratio of 0.34 and a beta of 2.30.
A number of large investors have recently added to or reduced their stakes in CONN. Captrust Financial Advisors lifted its stake in Conn’s by 53.5% in the first quarter. Captrust Financial Advisors now owns 4,856 shares of the specialty retailer’s stock worth $75,000 after acquiring an additional 1,693 shares during the last quarter. MetLife Investment Management LLC raised its holdings in shares of Conn’s by 58.5% in the 1st quarter. MetLife Investment Management LLC now owns 10,714 shares of the specialty retailer’s stock valued at $165,000 after purchasing an additional 3,954 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in shares of Conn’s during the 1st quarter worth $175,000. Citigroup Inc. lifted its position in shares of Conn’s by 16.6% during the 1st quarter. Citigroup Inc. now owns 16,330 shares of the specialty retailer’s stock worth $252,000 after purchasing an additional 2,322 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its position in shares of Conn’s by 14.2% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,540 shares of the specialty retailer’s stock worth $255,000 after acquiring an additional 2,056 shares in the last quarter. Hedge funds and other institutional investors own 93.44% of the company’s stock.
Conn’s Company Profile (Get Rating)
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 flat and other mattresses; and home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges.
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