28-Mar-2024
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Conn's, Inc. Schedules Conference Call to Discuss Fourth Quarter Fiscal Year 2024 Results
Globe Newswire (Tue, 26-Mar 8:00 AM ET)
SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates KRTX, DSKE, CONN
Globe Newswire (Sat, 27-Jan 12:15 PM ET)
PRNewswire (Fri, 26-Jan 11:24 PM ET)
SHAREHOLDER RIGHTS INVESTIGATION: Halper Sadeh LLC Investigates DSKE, THRX, CONN
PRNewswire (Thu, 11-Jan 12:00 AM ET)
Conn's Inc is a United-States-based specialty retailer engaged in the sale of durable consumer goods and related services. The company operates through two segments. The retail segment sells a broad range of merchandise, including furniture and mattress products, home appliances, consumer electronics, and home office products. The credit segment provides credit solutions for credit-constrained consumers based on customer risk and income level. A material portion of the company's customers finances purchases through its credit segment. The company focuses its business on the U.S. and generates its revenue from the retail segment.
Conn's trades on the NASDAQ stock market under the symbol CONN.
As of March 28, 2024, CONN stock price declined to $3.35 with 57,115 million shares trading.
CONN has a beta of 1.19, meaning it tends to be more sensitive to market movements. CONN has a correlation of 0.05 to the broad based SPY ETF.
CONN has a market cap of $82.24 million. This is considered a Micro Cap stock.
Last quarter Conn's reported $280 million in Revenue and -$2.03 earnings per share. This fell short of revenue expectation by $-20 million and missed earnings estimates by -$.57.
In the last 3 years, CONN stock traded as high as $31.48 and as low as $2.55.
The top ETF exchange traded funds that CONN belongs to (by Net Assets): VTI, VXF, DFAT, PRFZ, DFAS.
CONN has underperformed the market in the last year with a price return of -41.8% while the SPY ETF gained +33.6%. CONN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -23.0% and -1.5%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
CONN support price is $3.22 and resistance is $3.62 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CONN stock will trade within this expected range on the day.