The firm maintained its "buy" rating on the stock.
Shares are advancing 0.76% to $27.70.
Analysts are bullish as the company's fiscal 2015 second quarter results were in line with analysts' estimates. For the latest quarter, the rent-to-own retailer on Monday reported earnings of 50 cents per share on revenue of $815.3 million.
In the same period the previous year, the company reported revenue of 38 cents per share on revenue of $773.2 million.
"The transition to a flexible labor model remains on track, and RCII expects to potentially generate even greater cost savings through its sourcing and distribution initiatives," analysts stated.
Separately, TheStreet Ratings team rates RENT-A-CENTER INC as a Buy with a ratings score of B-. TheStreet Ratings Team has this to say about their recommendation:
"We rate RENT-A-CENTER INC (RCII) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and attractive valuation levels. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."
You can view the full analysis from the report here: RCII Ratings Report