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Weakness Seen in Conns (CONN): Stock Tanks 42.9%

Zacks Equity Research

Conns Inc. (CONN) saw a big move last session, as the company’s shares fell nearly 43% 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 CONN, as the stock is now down more than 52% 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.

CONN currently has a Zacks Rank #3 (Hold) while its Earnings ESP is zero.

Some better-ranked stocks in the Retail Whole sale industry include The Wendy's Company (WEN), priceline.com Incorporated (PCLN) and Macy's, Inc. (M). All these stocks carry a Zacks Rank #2 (Buy).

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

WENDY'S CO (WEN): Free Stock Analysis Report

PRICELINE.COM INC (PCLN): Free Stock Analysis Report

MACYS INC (M): Free Stock Analysis Report


Zacks Investment Research