Alert: Negative Investment/Fundamental Signals (12/14/23)-Conn’s Inc (NASDAQ: CONN)


Extremely important negative changes in investment behavior have recently occurred for Conn’s Inc (NASDAQ: CONN): negative upside/downside volume developed, and the stock fell on very heavy volume.

Important negative changes in fundamentals have recently occurred for Conn’s Inc (NASDAQ: CONN): significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, CONN is expected to be Value Creation neutral.

Conn’s has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Conn’s has a very high Appreciation Score of 98 but a poor Power Rating of 16, producing the Neutral Value Trend Rating.

Recent Price Action

Conn’s Inc (NASDAQ: CONN) stock declined by -3.3% on 12/14/23. The shares closed at $2.64. Moreover, this decline was accompanied by exceptionally high trading volume at 204% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -12.0% during the last week.

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