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Conns (CONN) in Focus: Stock Tumbles 40.6% - Tale of the Tape

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Conns Inc. ( CONN ) saw a big move last session, as the company's shares fell by nearly 41% 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 nearly 42% since Nov 24.

The specialty retailer has seen a flat track record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and 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 0.00%.

Investors interested in the Retail Consumer Electronics sector may consider better-ranked stock like Best Buy Co., Inc. ( BBY ). Investors interested in the broader Retail/Wholesale sector can consider stocks like Bebe Stores, Inc. ( BEBE ) and Big 5 Sporting Goods Corp. ( BGFV ). While Bebe Stores and Big 5 Sporting Goods sport a Zacks Rank #1 (Strong Buy), Best Buy holds Zacks Rank #2 (Buy).

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CONNS INC (CONN): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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