Aaron’s Inc. Reaches New 12-Month High at $32.27 (AAN)
Aaron’s (NYSE:AAN)’s share price reached a new 52-week high during mid-day trading on Friday, StockRatingsNetwork.com reports. The stock traded as high as $32.27 and last traded at $28.35, with a volume of 12,091,496 shares traded. The stock had previously closed at $27.05.
AAN has been the subject of a number of recent research reports. Analysts at KeyCorp downgraded shares of Aaron’s from a “buy” rating to a “hold” rating in a research note to investors on Friday. Separately, analysts at Canaccord Genuity raised their price target on shares of Aaron’s from $25.00 to $27.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Finally, analysts at Zacks downgraded shares of Aaron’s from a “neutral” rating to an “underperform” rating in a research note to investors on Thursday, January 16th. They now have a $25.40 price target on the stock.
Aaron’s has a 1-year low of $24.61 and a 1-year high of $32.53. The stock’s 50-day moving average is $28.00 and its 200-day moving average is $28.23. The company has a market cap of $2.160 billion and a price-to-earnings ratio of 15.38.
Aaron’s (NYSE:AAN) last issued its quarterly earnings data on Friday, February 7th. The company reported $0.48 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.29 by $0.19. The company had revenue of $553.90 million for the quarter, compared to the consensus estimate of $557.44 million. During the same quarter last year, the company posted $0.48 earnings per share. Aaron’s's revenue was down 2.6% compared to the same quarter last year.
Aaron’s, Inc (NYSE:AAN) is a specialty retailer of consumer electronics, computers, residential furniture, household appliances and accessories.
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