U.S. Markets close in 3 hrs 42 mins

Weakness Seen in Rent-A-Center (RCII): Stock Tumbles 10.9%

Zacks Equity Research

Rent-A-Center, Inc. (RCII) saw a big move last session, as the company’s shares fell nearly 11% 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 around 9.5% in the past one-month time frame.  

The company has seen a flat track record when it comes to current year estimate revisions over the past few weeks. The consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.

RCII currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the services sector include AerCap Holdings N.V. (AER), AeroCentury Corp. (ACY) and Apollo Residential Mortgage, Inc. (AMTG). All these stocks carry a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

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

AERCAP HOLDINGS NV (AER): Free Stock Analysis Report

AEROCENTURY CP (ACY): Free Stock Analysis Report


Zacks Investment Research