The stock of Conns Inc (CONN) has gone up by 28.34% for the week, with a 17.49% rise in the past month and a -20.51% drop in the past quarter. The volatility ratio for the week is 13.61%, and the volatility levels for the past 30 days are 8.89% for CONN. The simple moving average for the last 20 days is 23.05% for CONN stock, with a simple moving average of 3.99% for the last 200 days.
Is It Worth Investing in Conns Inc (NASDAQ: CONN) Right Now?
The 36-month beta value for CONN is also noteworthy at 2.41. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for CONN is 12.51M, and at present, short sellers hold a 12.91% of that float. The average trading volume of CONN on April 12, 2024 was 128.47K shares.
CONN) stock’s latest price update
Conns Inc (NASDAQ: CONN)’s stock price has increased by 26.33 compared to its previous closing price of 3.19. However, the company has seen a 28.34% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-11 that Conn’s (CONN) came out with a quarterly loss of $1.25 per share versus the Zacks Consensus Estimate of a loss of $1.57. This compares to loss of $1.53 per share a year ago.
Analysts’ Opinion of CONN
Stephens, on the other hand, stated in their research note that they expect to see CONN reach a price target of $6, previously predicting the price at $20. The rating they have provided for CONN stocks is “Equal-Weight” according to the report published on March 23rd, 2020.
CONN Trading at 3.06% from the 50-Day Moving Average
After a stumble in the market that brought CONN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.83% of loss for the given period.
Volatility was left at 8.89%, however, over the last 30 days, the volatility rate increased by 13.61%, as shares surge +18.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -13.15% lower at present.
During the last 5 trading sessions, CONN rose by +28.34%, which changed the moving average for the period of 200-days by +1.26% in comparison to the 20-day moving average, which settled at $3.31. In addition, Conns Inc saw -9.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CONN starting from Stephens Group, LLC, who sale 12,777 shares at the price of $5.02 back on Jul 19 ’23. After this action, Stephens Group, LLC now owns 4,217,873 shares of Conns Inc, valued at $64,128 using the latest closing price.
Stock Fundamentals for CONN
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.64 for the gross margin
The net margin for Conns Inc stands at -0.06. The total capital return value is set at -0.08. Equity return is now at value -15.38, with -3.62 for asset returns.
Based on Conns Inc (CONN), the company’s capital structure generated 0.75 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 3.02. The interest coverage ratio of the stock is -2.04.
Currently, EBITDA for the company is -221.21 million with net debt to EBITDA at -9.7. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 2.71for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.58.
Conclusion
In summary, Conns Inc (CONN) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
