Dallas, Texas 03/10/2014 (FINANCIALSTRENDS) – RadioShack Corporation (NYSE:RSH) has received a rating by the analysts, which recommends HOLD, for the company which is one of the leading electronic goods stores in the country. It has over ten analysts notes with the consensus recommendation by these analysts on the HOLD.
Separately, RadioShack Corporation(NYSE:RSH) received two research analysts who recommended Sell, while seven of these recommend hold. Besides, there is an average one-year contract on the target price, given the range of brokers and the issued ratings for the stock are at $2.14, as of 2013.
Recently, Goldman Sachs, moved the stock price target lower to $1.00 on the research note. Meanwhile, analysts at S&P Equity Research offer an upgrade moving it to HOLD.
RadioShack Operations
RadioShack Corporation(NYSE:RSH) operates from its offices located in Fort Worth, Texas. The company engages in the sale of electronic goods which are aimed at servicing a wide-range of clientele. Popular by the same name, this store has been a bench mark for a unique flavour of service features which are typical to the country. RadioShack operates its businesses through the US Radioshack Company-Operated Stores and Others. The company already operates 4,395 stores located in the US, operated by the brand RadioShack. Located at shopping malls and in storefronts, the company operates via a range of dealerships – with 1,008 Radioshack dealer outlets and over 32 stores across the continent of North America. The unique feature for this store is the broad range of name brand as well as private brand products and services the company offers.
Financial overview
RadioShack Corporation(NYSE:RSH) holds a stock price of $2.05 and $2.18 per share. The 52 week high for the stock has been $4.36 and low is $2.00 per share. The company already has a market cap of $215.75 million. The EPS it holds is negative at 2.62 and Beta is 1.47. The company also holds outstanding shares of 100.35 million.
