The Barchart Chart of the Day belongs to the rent to own retailer Rent-A-Center (RCII). I found the stock by using Barchart to sort its Top 100 Stockslist first by the highest technical buy signals, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 6/11 the stock gained 5.19%.

A rent-to-own industry leader, Plano, Texas-based, Rent-A-Center, Inc., is focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable products such as consumer electronics, appliances, computers, furniture, and accessories, under flexible rental purchase agreements with no long-term obligation. Rent-A-Center Franchising International, Inc., a wholly owned subsidiary of the Company, is a national franchiser of the rent-to-own stores operating under the trade names of `Rent-A-Center,` `ColorTyme,` and `RimTyme.`

RCII

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.

Barchart technical indicators:

  • 100% technical buy signal
  • 116.08 Weighted Alpha
  • 108.32% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 5 new highs and up 7.77% in the last month
  • Relative Strength Index 66.41%
  • Technical support level at 24.71
  • Recently traded at 25.63 with a 50 day moving average of 23.50

Fundamental factors:

  • Market Cap $1.37 billion
  • P/E 14.24
  • Revenue expected to be down 1.70% this year but grow again by .60% next year
  • Earnings estimated to increase 96.30% this year, an additional 11.50% next year and continue to compound at an annual rate of 5.00% for the next 5 years
  • Wall Street analysts issued 3 strong buy, 5 hold and 2 under perform recommendations on the stock
  • The individual investors following the stock on Motley Fool voted 140 to 26 that the stock will beat the market
  • 3,739 investors are monitoring the stock on Seeking Alpha