Aaron’s (NYSE:AAN) updated its FY18 earnings guidance on Thursday. The company provided earnings per share guidance of $3.20-3.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.20. The company issued revenue guidance of $3.68-$3.89 billion, compared to the consensus revenue estimate of $3.67 billion.
Several research analysts have recently commented on the company. ValuEngine upgraded Aaron’s from a hold rating to a buy rating in a report on Friday, February 2nd. Loop Capital downgraded Aaron’s from a buy rating to a hold rating and set a $42.00 price objective on the stock. in a report on Wednesday, January 24th. Sidoti upgraded Aaron’s from a neutral rating to a buy rating and set a $45.00 price objective on the stock in a report on Wednesday, November 29th. Janney Montgomery Scott assumed coverage on Aaron’s in a report on Wednesday, October 18th. They issued a neutral rating and a $42.00 price objective on the stock. Finally, Jefferies Group reissued a buy rating and issued a $54.00 target price on shares of Aaron’s in a research note on Tuesday, December 26th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, ten have given a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $46.10.
Shares of Aaron’s (NYSE:AAN) opened at $41.12 on Thursday. The company has a quick ratio of 0.74, a current ratio of 2.35 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $2,795.77, a PE ratio of 21.23 and a beta of 0.20. Aaron’s has a 12 month low of $26.12 and a 12 month high of $48.22.
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Aaron’s Company Profile
Aaron’s, Inc (Aaron’s) is an omnichannel provider of lease-purchase solutions. The Company engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com.
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