Rent-A-Center (RCII) Plunges: Stock Tanks by 22.2%

Zacks

Rent-A-Center, Inc. (RCII) saw a big move last session, as the company’s shares fell by over 22% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for RCII, as the stock is now down about 28% in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as this lender of household durable goods company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the
earnings picture definitely suggests that this might be the case.

RCII currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the broader retail sector include Advance Auto Parts Inc. (AAP), Autobytel Inc. (ABTL) and Conns Inc. (CONN). All these stocks sport a Zacks Rank #1 (Strong Buy).  

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RENT A CENTER INC (RCII): Free Stock Analysis Report

ADVANCE AUTO PARTS INC (AAP): Free Stock Analysis Report

AUTOBYTEL INC (ABTL): Free Stock Analysis Report

CONN'S INC (CONN): Free Stock Analysis Report


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