Aaron’s (NYSE:PRG) Sets New 12-Month High on Earnings Beat

Aaron’s Holdings Company, Inc. (NYSE:PRG) reached a new 52-week high on Thursday following a better than expected earnings announcement. The company traded as high as $41.04 and last traded at $40.65, with a volume of 283530 shares. The stock had previously closed at $36.12.

The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The company had revenue of $525.36 million for the quarter, compared to the consensus estimate of $581.82 million. During the same quarter in the previous year, the business earned $0.80 earnings per share. The company’s revenue for the quarter was down 5.2% on a year-over-year basis. Aaron’s has set its Q1 2026 guidance at 0.700-0.900 EPS and its FY 2026 guidance at 4.000-4.450 EPS.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aaron’s in a research note on Thursday, January 22nd. TD Cowen decreased their price objective on shares of Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. BTIG Research upgraded shares of Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 target price for the company in a report on Friday, November 21st. Wall Street Zen lowered Aaron’s from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Finally, B. Riley Financial initiated coverage on Aaron’s in a research note on Tuesday, December 16th. They set a “buy” rating and a $50.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $38.83.

Institutional Trading of Aaron’s

A number of large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its stake in shares of Aaron’s by 436.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,824,091 shares of the company’s stock worth $53,792,000 after buying an additional 1,483,751 shares during the period. State Street Corp grew its holdings in Aaron’s by 5.6% during the 4th quarter. State Street Corp now owns 1,679,355 shares of the company’s stock worth $49,524,000 after acquiring an additional 89,035 shares in the last quarter. Allianz Asset Management GmbH increased its position in shares of Aaron’s by 18.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,187,509 shares of the company’s stock valued at $38,428,000 after purchasing an additional 188,835 shares during the last quarter. LSV Asset Management raised its holdings in shares of Aaron’s by 37.7% in the 4th quarter. LSV Asset Management now owns 1,159,874 shares of the company’s stock valued at $34,205,000 after purchasing an additional 317,600 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of Aaron’s by 102.4% in the 3rd quarter. UBS Group AG now owns 823,663 shares of the company’s stock valued at $26,654,000 after purchasing an additional 416,658 shares in the last quarter. Hedge funds and other institutional investors own 97.92% of the company’s stock.

Aaron’s Trading Up 0.4%

The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.65 and a current ratio of 4.71. The company’s 50-day moving average price is $32.31 and its 200-day moving average price is $31.89. The firm has a market capitalization of $1.60 billion, a PE ratio of 11.27 and a beta of 1.73.

About Aaron’s

PROG Holdings, Inc (NYSE: PRG), formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.