Conn's, Inc. (NASDAQ:CONN)’s mean target price, which is on a consensus basis according to Wall Street sell-side analysts is $11.833. The number is arrived at through the use of the mean estimate obtained from the 3 research firms that have issued reports on the company in the recent past. Analysts say that Conn's, Inc. (NASDAQ:CONN) should give its report on the earnings per share for the current fiscal quarter of $-0.19. This is done through consent on the mean estimate, which more often than not is based on the individual covering sell-side analysts’ reported numbers.
The last time the company reported earnings, which were $-0.04 was within the period ending on 2016-07-31. Normally the average broker gives a recommendation. It is usually the arithmetical average of the individual ratings added together by sell-side analysts to produce a Consensus Analyst Rating for each stock. A scale of 1 to 5 is used whereby 1 represents a Strong Buy and 5 is a Strong Sell. The ranking of the stock is at 2, which is based on 3 sell-side broker recommendations. While the most bullish of 3 analyst estimates sees the stock reaching $16 within the next 12 months, the most bearish analyst are expectant of having the stock at $8.5 within the year.
Sell-side analysts have a consensus mean earnings per share estimate of $-0.1 which stands in for the current year. However, this is in long term growth prospects of the company. This time frame has a high end estimate of $0.06 but the low estimate is at $-0.28. The company’s projection for the long term earnings per share estimate growth rate for the next three to five years is 17.33%. This is however based on 3 analysts providing estimates.