Rent-A-Center Inc. s in-depth stock price analysis indicates that the stock price has dropped -26.54% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -31.03% . Looking at the past 52 week period, the stock price is down -26.03% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Rent-A-Center Inc. has a negative value of -29.02 compared to overall market performance. Rent-A-Center Inc. (NASDAQ:RCII) has tumbled 3.09% during the past week and has dropped 18.48% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.87%. Rent-A-Center Inc. (NASDAQ:RCII) has underperformed the index by 19.94% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Rent-A-Center Inc. (NASDAQ:RCII) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.13 points or 1.51% at $8.47 with 3,107,178 shares getting traded. Post opening the session at $8.61, the shares hit an intraday low of $8.395 and an intraday high of $8.75 and the price was in this range throughout the day. The company has a market cap of $450 million and the number of outstanding shares has been calculated to be 53,149,617 shares. The 52-week high of Rent-A-Center Inc. (NASDAQ:RCII) is $16.37 and the 52-week low is $7.76.
Rent-A-Center Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.09. The company had revenue of $693.90 million for the quarter, compared to analysts expectations of $701.27 million. The companys revenue was down -12.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.47 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Rent-A-Center Inc was Initiated by Loop Capital to Hold on Dec 13, 2016. Rent-A-Center Inc was Downgraded by Raymond James to Mkt Perform on Dec 6, 2016.
Company has reported several Insider transactions to the SEC, on Aug 1, 2016, Robert Dale Davis (CEO) purchased 10,000 shares at 10.87 per share price.On May 3, 2016, Jeffery M Jackson (director) purchased 1,400 shares at 14.87 per share price.On Nov 23, 2015, Mark E. Denman (EVP – Acceptance Now) purchased 1,270 shares at 16.84 per share price.
Rent-A-Center operates company owned rent-to-own stores which offer high-quality, durable goods such as consumer electronics, appliances, furniture and accessories to consumers under flexible rental purchase arrangements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. ColorTyme, Inc., a wholly-owned subsidiary of the Company, is a national franchisor of rent-to-own stores, which operate under the trade name of “ColorTyme, and under the “Rent-A-Center name. (Press Release)