Shares of Aaron’s Holdings Company, Inc. (NYSE:PRG – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the seven research firms that are currently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $38.8333.
Several research firms have issued reports on PRG. BTIG Research raised Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 price target on the stock in a report on Friday, November 21st. TD Cowen decreased their target price on Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd. Wall Street Zen raised Aaron’s from a “hold” rating to a “buy” rating in a report on Saturday. Finally, B. Riley Financial started coverage on Aaron’s in a research note on Tuesday, December 16th. They issued a “buy” rating and a $50.00 price target on the stock.
Read Our Latest Stock Analysis on Aaron’s
Aaron’s Price Performance
Aaron’s (NYSE:PRG – Get Free Report) last released its earnings results on Wednesday, February 18th. The company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.14. Aaron’s had a net margin of 5.97% and a return on equity of 20.99%. The business had revenue of $525.36 million for the quarter, compared to the consensus estimate of $581.82 million. During the same period in the previous year, the firm earned $0.80 EPS. The business’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. As a group, analysts expect that Aaron’s will post 3.45 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Goldman Sachs Group Inc. boosted its stake in Aaron’s by 436.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,824,091 shares of the company’s stock worth $53,792,000 after purchasing an additional 1,483,751 shares during the period. State Street Corp raised its stake in Aaron’s by 5.6% during the 4th quarter. State Street Corp now owns 1,679,355 shares of the company’s stock valued at $49,524,000 after purchasing an additional 89,035 shares during the period. Allianz Asset Management GmbH lifted its holdings in shares of Aaron’s by 18.9% in the third 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 in the last quarter. LSV Asset Management boosted its position in shares of Aaron’s by 37.7% in the fourth quarter. LSV Asset Management now owns 1,159,874 shares of the company’s stock worth $34,205,000 after buying an additional 317,600 shares during the period. Finally, UBS Group AG boosted its position in shares of Aaron’s by 102.4% in the third quarter. UBS Group AG now owns 823,663 shares of the company’s stock worth $26,654,000 after buying an additional 416,658 shares during the period. 97.92% of the stock is owned by hedge funds and other institutional investors.
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.
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