EPS for Rent-A-Center Inc (RCII) Expected At $0.11

July 18, 2017 - By Darrin Black

 EPS for Rent A Center Inc (RCII) Expected At $0.11
Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.20, from 1.03 in 2016Q3. It worsened, as 26 investors sold Rent-A-Center Inc shares while 62 reduced holdings. 19 funds opened positions while 54 raised stakes. 53.18 million shares or 5.37% more from 50.47 million shares in 2016Q3 were reported.
Manufacturers Life The stated it has 0% of its portfolio in Rent-A-Center Inc (NASDAQ:RCII). Hsbc Pcl holds 0% or 62,215 shares. The California-based Brandes Invest Lp has invested 0.32% in Rent-A-Center Inc (NASDAQ:RCII). Fincl Bank Of America De reported 0% in Rent-A-Center Inc (NASDAQ:RCII). Boothbay Fund Mngmt Limited Liability reported 0.11% in Rent-A-Center Inc (NASDAQ:RCII). Geode Cap Management Lc stated it has 779,930 shares or 0% of all its holdings. Deutsche Comml Bank Ag invested in 412,369 shares or 0% of the stock. First Advisors L P holds 50,640 shares. Teachers Retirement Systems Of The State Of Kentucky holds 0% or 14,300 shares. California State Teachers Retirement Sys reported 106,921 shares. State Common Retirement Fund has invested 0% in Rent-A-Center Inc (NASDAQ:RCII). Nuveen Asset Lc has 27,162 shares. Alliancebernstein Ltd Partnership, New York-based fund reported 76,919 shares. Allianz Asset Mngmt Ag reported 20,204 shares. D E Shaw Com has invested 0.01% of its portfolio in Rent-A-Center Inc (NASDAQ:RCII).

Analysts await Rent-A-Center Inc (NASDAQ:RCII) to report earnings on July, 26. They expect $0.11 EPS, down 73.17 % or $0.30 from last year’s $0.41 per share. RCII’s profit will be $5.83 million for 28.41 P/E if the $0.11 EPS becomes a reality. After $0.04 actual EPS reported by Rent-A-Center Inc for the previous quarter, Wall Street now forecasts 175.00 % EPS growth. The stock increased 0.40% or $0.05 during the last trading session, reaching $12.5. About 1.91 million shares traded or 22.44% up from the average. Rent-A-Center Inc (NASDAQ:RCII) has declined 10.49% since July 18, 2016 and is downtrending. It has underperformed by 27.19% the S&P500.

Rent-A-Center Inc (NASDAQ:RCII) Ratings Coverage

Among 11 analysts covering Rent-A-Center Inc (NASDAQ:RCII), 5 have Buy rating, 2 Sell and 4 Hold. Therefore 45% are positive. Rent-A-Center Inc had 16 analyst reports since July 29, 2015 according to SRatingsIntel. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Hold”. The firm has “Buy” rating given on Monday, October 19 by Sidoti. The firm has “Buy” rating given on Tuesday, May 24 by Topeka Capital Markets. The rating was upgraded by Raymond James to “Strong Buy” on Wednesday, April 12. The rating was downgraded by Raymond James on Tuesday, December 6 to “Mkt Perform”. The stock of Rent-A-Center Inc (NASDAQ:RCII) earned “Buy” rating by Cantor Fitzgerald on Wednesday, October 28. The stock of Rent-A-Center Inc (NASDAQ:RCII) earned “Hold” rating by Jefferies on Thursday, October 13. The stock of Rent-A-Center Inc (NASDAQ:RCII) has “Sell” rating given on Wednesday, June 7 by Loop Capital. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Thursday, October 29. The firm has “Hold” rating by Loop Capital given on Tuesday, December 13.

Rent-A-Center, Inc. is a rent-to-own operator in North America. The company has market cap of $662.83 million. The Firm provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers , smartphones and furniture (including accessories), under rental purchase agreements. It currently has negative earnings. The Firm operates in four divisions: Core U.S., Acceptance Now, Mexico, and Franchising.

More notable recent Rent-A-Center Inc (NASDAQ:RCII) news were published by: Benzinga.com which released: “Fast Money Traders Share Their Picks In Retail Sector” on July 14, 2017, also Washingtonpost.com with their article: “Rent-a-Center, JC Penney climb; Snap, Pearson fall” published on July 11, 2017, Reuters.com published: “Deals of the day-Total, Rent-A-Center, Halcon, Fosun” on July 11, 2017. More interesting news about Rent-A-Center Inc (NASDAQ:RCII) were released by: Reuters.com and their article: “Exclusive: Vintage Capital offers to buy Rent-A-Center for $800 million: letter” published on July 10, 2017 as well as Nasdaq.com‘s news article titled: “Rent-A-Center Inc. (RCII) Ex-Dividend Date Scheduled for June 29, 2017” with publication date: June 28, 2017.

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