The Insider Activity Report For Rent-A-Center Inc. (RCII): Who’s Buying?


Rent-A-Center Inc. (NASDAQ:RCII) finished Friday with an addition of $0.04 to close at $22.55, an upside of 0.18 percent. An average of 561,440 shares of common stock have been traded in the last five days. There was a fall of -$0.18 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 734,490 shares traded, while the 50-day average volume stands at 651,896.

RCII stock has decreased by -6.39% in the last month. The company shares reached their 1-month lowest point of $21.68 on 12/20/22. With the stock rallying to its 52-week high on 01/05/22, shares of the company touched a low of $16.82 and a high of $50.39 in 52 weeks. It has reached a new high 2 times so far this year and lost -53.06% or -$25.49 in price. In spite of this, the price is down -55.25% from the 52-week high.

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Valuation Metrics

Rent-A-Center Inc. (RCII) has a trailing price-to-earnings (P/E) ratio of 75.67. The stock’s beta is 1.77. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.28, the price-to-book (PB) ratio at 2.28, and the price-to-cash flow ratio at 3.78.

The company has a payout ratio of 370.20%. The company’s most recent quarterly dividend payment was $0.34 a share, without any change from last year. Its latest increase dividend $0.03 reported on Monday December 6 2021.

Financial Health

Further, the company has a long term debt to equity ratio of 2.50 and a total debt to equity ratio of 2.50 for the quarter ending September 29. Its gross profit as reported stood at $2.24 billion compared to revenue of $4.58 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Rent-A-Center Inc.’s return on assets was 0.70%.

Earnings Surprise

In the quarter under review, the net income was down than the previous quarter. The company posted a net income of -$5.78 million in the quarter, while revenues of $19.73 million were grew 1160.73%. The analyst consensus anticipated Rent-A-Center Inc.’s latest quarter earnings to come in at $0.89 per share, but it turned out to be $0.94, a 5.60% surprise. For the quarter, EBITDA amounted to $369.6 million. Shareholders own equity worth $55.67 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Rent-A-Center Inc. (RCII) price momentum. RSI 9-day as of the close on 30 December was 46.22%, suggesting the stock is Neutral, with historical volatility in this time frame at 37.35%.

As of today, RCII’s price is $22.47 -0.79% or -$0.18 from its 5-day moving average. RCII is currently trading -4.04% lower than its 20-day SMA and -21.70% lower than its 100-day SMA. However, the stock’s current price level is +29.67% above the SMA50 and -17.07% below the SMA200.

The stochastic %K and %D were 14.78% and 15.13%, respectively, and the average true range (ATR) was 0.97. With the 14-day stochastic at 18.28% and the average true range at 1.02, the RSI (14) stands at 48.42%. The stock has reached -0.08 on the 9-day MACD Oscillator while the 14-day reading was at -0.65.

Analyst Ratings

Craig Hallum launched coverage on Rent-A-Center Inc. (NASDAQ: RCII) in its analyst report released on December 05, 2022. The firm assigned the stock a Buy rating.


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