Rent-A-Center, Inc. (NASDAQ:RCII) stock went on an upward path that rose over 2.29% on Thursday, amounting to a one-week price increase of more than 5.09%. Over the last 12 months, RCII stock rose by 82.02%. The one-year RCII stock forecast points to a potential downside of -0.07, with the average price target set at $28.67 per share. The average equity rating for RCII stock is currently 2.50, trading closer to a bullish pattern in the stock market.
The market cap for RCII stock reached $1.51 billion, with 56.12 million shares outstanding and 53.61 million shares in the current float. Compared to the average trading volume of 994.34K shares, RCII reached a trading volume of 549,985 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Rent-A-Center, Inc. (RCII):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RCII shares is $28.67 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RCII stock is a recommendation set at Hold. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Janney have made an estimate for Rent-A-Center, Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on Aug-08-19. The new note on the price target was released on Jun-24-19, representing the official price target for Rent-A-Center, Inc. stock.
The Average True Range (ATR) for Rent-A-Center, Inc. is set at 0.94, with the Price to Sales ratio for RCII stock in the period of the last 12 months amounting to 0.57. The Price to Book ratio for the last quarter was 3.71, with the Price to Cash per share for the same quarter was set at 6.29. Price to Free Cash Flow for RCII in the course of the last twelve months was 5.96.
RCII Stock Performance Analysis:
Rent-A-Center, Inc. (RCII) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.09. With this latest performance, RCII shares dropped by -0.74% in over the last four-week period, additionally plugging by 38.37% over the last 6 months – not to mention a rise of 82.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RCII stock in for the last two-week period is set at 55.31, with the RSI for the last a single of trading hit 60.78, and the three-weeks RSI is set at 54.85 for Rent-A-Center, Inc. (RCII). The present Moving Average for the last 50 days of trading for this stock 26.36, while it was recorded at 25.80 for the last single week of trading, and 21.25 for the last 200 days.
Insight into Rent-A-Center, Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Rent-A-Center, Inc. (RCII) shares currently have an operating margin of +4.34 and a Gross Margin at +60.86. Rent-A-Center, Inc.’s Net Margin is presently recorded at +0.32.
Return on Total Capital for RCII is now 13.03, given the latest momentum, and Return on Invested Capital for the company is 0.96. Return on Equity for this stock inclined to 3.04, with Return on Assets sitting at 0.60. When it comes to the capital structure of this company, Rent-A-Center, Inc. (RCII) has a Total Debt to Total Equity ratio set at 188.49. Additionally, RCII Total Debt to Total Capital is recorded at 65.34, with Total Debt to Total Assets ending up at 38.66. Long-Term Debt to Equity for the company is recorded at 188.49, with the Long-Term Debt to Total Capital now at 65.34.
Reflecting on the efficiency of the workforce at the company, Rent-A-Center, Inc. (RCII) managed to generate an average of $607 per employee. Receivables Turnover for the company is 38.15 with a Total Asset Turnover recorded at a value of 1.89.
RCII Stock EPS
With the latest financial reports released by the company, Rent-A-Center, Inc. posted $0.59/share EPS, while the average EPS was predicted by analysts to be reported at $0.32/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 85.07. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RCII. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rent-A-Center, Inc. go to 5.00%.
Rent-A-Center, Inc. (RCII) Insider Position Details
There are presently around $1,480,366,484 million, or 103.99% of RCII stock, in the hands of institutional investors. The top three institutional holders of RCII stocks are: VANGUARD GROUP INC with ownership of 7009175, which is approximately 9.63 of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 6783710 shares of the stock with an approximate value of $177.94 million in RCII stocks shares; and ENGAGED CAPITAL LLC, currently with $139.9 million in RCII stock with ownership of nearly 0.00 of the company’s market capitalization.
Positions in Rent-A-Center, Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 125 institutional holders increased their position in Rent-A-Center, Inc. (NASDAQ:RCII) by around 11,755,185 shares. Additionally, 89 investors decreased positions by around 6,702,027 shares, while 29 investors held positions by with 37,980,702 shares. The mentioned changes placed institutional holdings at 56,437,914 shares, according to the latest SEC report filing. RCII stock had 42 new institutional investments in for a total of 5,185,069 shares, while 28 institutional investors sold positions of 3,458,484 shares during the same period.