Can Conn's, Inc. (CONN)’s Tomorrow Be Different? The Stock Increases Again

December 7, 2017 - By Kurt Siggers

Investors sentiment increased to 1.04 in Q2 2017. Its up 0.27, from 0.77 in 2017Q1. It is positive, as 13 investors sold Conn's, Inc. shares while 36 reduced holdings. 31 funds opened positions while 20 raised stakes. 20.72 million shares or 8.99% more from 19.01 million shares in 2017Q1 were reported.
Luxor Gp Lp invested in 0.07% or 54,077 shares. Nationwide Fund Advsr reported 0% of its portfolio in Conn's, Inc. (NASDAQ:CONN). Rhumbline Advisers reported 0% in Conn's, Inc. (NASDAQ:CONN). 38,422 were reported by Falcon Point Limited Liability Company. National Bank Of America De holds 0% or 820 shares. Acadian Asset Mgmt Limited Liability Company reported 0.02% of its portfolio in Conn's, Inc. (NASDAQ:CONN). Price T Rowe Assoc Md has invested 0% in Conn's, Inc. (NASDAQ:CONN). Jpmorgan Chase And Com invested in 439 shares or 0% of the stock. Clarivest Asset Mngmt Limited Liability invested in 5,996 shares or 0% of the stock. Employees Retirement Association Of Colorado holds 0% or 7,582 shares in its portfolio. Amer Group Inc has 0% invested in Conn's, Inc. (NASDAQ:CONN). American Assets Invest Mngmt Lc has 36,789 shares for 0.15% of their portfolio. New York State Common Retirement Fund reported 18,100 shares or 0% of all its holdings. Us Bancorporation De stated it has 0% of its portfolio in Conn's, Inc. (NASDAQ:CONN). Manufacturers Life Insurance Company The reported 15,295 shares.

Since June 12, 2017, it had 0 buys, and 2 selling transactions for $161,961 activity. The insider Renaud Todd sold 1,000 shares worth $19,000.

The stock of Conn's, Inc. (NASDAQ:CONN) is a huge mover today! The stock increased 6.19% or $1.95 during the last trading session, reaching $33.45. About 2.47M shares traded or 338.80% up from the average. Conn's, Inc. (NASDAQ:CONN) has risen 45.89% since December 7, 2016 and is uptrending. It has outperformed by 29.19% the S&P500.
The move comes after 5 months positive chart setup for the $1.04 billion company. It was reported on Dec, 7 by Barchart.com. We have $35.79 PT which if reached, will make NASDAQ:CONN worth $73.08 million more.

Conn's, Inc. (NASDAQ:CONN) Ratings Coverage

Among 6 analysts covering CONN’S (NASDAQ:CONN), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. CONN’S had 17 analyst reports since August 17, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Wednesday, December 9 with “Buy”. As per Thursday, September 7, the company rating was maintained by KeyBanc Capital Markets. The rating was downgraded by Stifel Nicolaus to “Hold” on Tuesday, September 15. Stifel Nicolaus upgraded the shares of CONN in report on Wednesday, September 21 to “Buy” rating. Stifel Nicolaus upgraded Conn's, Inc. (NASDAQ:CONN) on Tuesday, December 1 to “Buy” rating. Oppenheimer maintained the stock with “Hold” rating in Tuesday, June 6 report. Oppenheimer upgraded the stock to “Outperform” rating in Friday, September 29 report. The stock of Conn's, Inc. (NASDAQ:CONN) has “Buy” rating given on Monday, August 28 by Stifel Nicolaus. The company was maintained on Monday, August 17 by Piper Jaffray. KeyBanc Capital Markets maintained the stock with “Buy” rating in Wednesday, October 18 report.

More notable recent Conn's, Inc. (NASDAQ:CONN) news were published by: Nasdaq.com which released: “Conn’s, Inc. Reports Third Quarter Fiscal Year 2018 Financial Results” on December 07, 2017, also Fool.com with their article: “Shares of Conn’s Bounce 16% After 2nd Consecutive Profitable Quarter” published on December 07, 2017, Nasdaq.com published: “Earnings Reaction History: Conn’s, Inc., 58.3% Follow-Through Indicator, 9.7 …” on December 07, 2017. More interesting news about Conn's, Inc. (NASDAQ:CONN) were released by: Seekingalpha.com and their article: “Conn’s Woes Are Not Over” published on November 10, 2017 as well as Businesswire.com‘s news article titled: “KBRA Assigns Preliminary Ratings to Conn’s Receivables Funding 2017-B” with publication date: December 07, 2017.

Conn's, Inc. operates as a specialty retailer of durable consumer goods and related services in the United States. The company has market cap of $1.04 billion. It operates through two divisions, Retail and Credit. It currently has negative earnings. The companyÂ’s stores provide furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; home appliances comprising refrigerators, freezers, washers, dryers, dishwashers, and ranges; and home office products consisting of computers, printers, and accessories.

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