Aaron's Holdings Company, Inc. (NYSE:PRG) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• Aaron's Holdings Company, Inc. has received a consensus rating of "Moderate Buy" from analysts, with the average price target set at $41.50.
• Institutional investors hold a significant majority of the stock, with 97.92% ownership, indicating strong support from these entities.
• The company recently reported earnings of $1.02 per share, exceeding estimates, along with a quarterly dividend of $0.13 per share reflecting a 1.7% yield.

Aaron's Holdings Company, Inc. (NYSE:PRG - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eight ratings firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $41.50.

Several brokerages recently issued reports on PRG. BTIG Research reiterated a "sell" rating and issued a $27.00 target price on shares of Aaron's in a research note on Friday, October 10th. Weiss Ratings restated a "hold (c)" rating on shares of Aaron's in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded shares of Aaron's from a "buy" rating to a "hold" rating in a research report on Saturday, October 11th.

Institutional Investors Weigh In On Aaron's

Hedge funds have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. acquired a new stake in Aaron's during the first quarter worth approximately $388,000. Allianz Asset Management GmbH increased its holdings in shares of Aaron's by 16.3% during the first quarter. Allianz Asset Management GmbH now owns 907,100 shares of the company's stock worth $24,129,000 after purchasing an additional 127,384 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Aaron's during the first quarter worth approximately $215,000. Y Intercept Hong Kong Ltd bought a new position in shares of Aaron's during the first quarter worth approximately $483,000. Finally, Invesco Ltd. increased its holdings in shares of Aaron's by 3.5% during the first quarter. Invesco Ltd. now owns 438,379 shares of the company's stock worth $11,661,000 after purchasing an additional 14,874 shares during the period. 97.92% of the stock is currently owned by institutional investors and hedge funds.

Aaron's Trading Up 0.6%

Shares of NYSE:PRG opened at $31.37 on Monday. Aaron's has a 52-week low of $23.50 and a 52-week high of $49.90. The company has a market capitalization of $1.24 billion, a P/E ratio of 6.20 and a beta of 1.79. The company has a 50-day simple moving average of $33.67 and a 200 day simple moving average of $30.38. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.82 and a current ratio of 5.71.

Aaron's (NYSE:PRG - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.23. Aaron's had a net margin of 8.53% and a return on equity of 22.54%. The business had revenue of $604.66 million during the quarter, compared to the consensus estimate of $586.25 million. During the same period last year, the business posted $0.92 EPS. Aaron's's revenue was up 2.1% on a year-over-year basis. Aaron's has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. Sell-side analysts forecast that Aaron's will post 3.45 earnings per share for the current year.

Aaron's Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Tuesday, August 19th were given a dividend of $0.13 per share. The ex-dividend date was Tuesday, August 19th. This represents a $0.52 annualized dividend and a yield of 1.7%. Aaron's's dividend payout ratio (DPR) is 10.28%.

Aaron's Company Profile

PROG Holdings, Inc NYSE: PRG is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.

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