Aaron's Holdings Company, Inc. (NYSE:PRG) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Aaron's Holdings Company, Inc. has received a consensus rating of “Moderate Buy” from analysts, with a 12-month price target averaging $41.00.
• Despite a recent downgrade to "sell" from BTIG Research, other analysts have raised their ratings, indicating a divided outlook on the company's prospects.
• Aaron's reported $1.02 EPS and $604.66 million in quarterly revenue, surpassing analyst expectations and showing a 2.1% year-over-year revenue increase.

Aaron's Holdings Company, Inc. (NYSE:PRG - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the seven ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $41.00.

Several research firms recently commented on PRG. BTIG Research cut shares of Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price objective on the stock. in a research report on Monday, July 14th. Wall Street Zen raised shares of Aaron's from a "hold" rating to a "buy" rating in a research report on Saturday, September 6th.

Aaron's Trading Up 0.2%

Shares of NYSE PRG opened at $34.50 on Thursday. The company's fifty day moving average is $33.48 and its 200-day moving average is $29.79. The stock has a market cap of $1.36 billion, a price-to-earnings ratio of 6.82 and a beta of 1.77. Aaron's has a twelve month low of $23.50 and a twelve month high of $50.12. The company has a quick ratio of 2.82, a current ratio of 5.71 and a debt-to-equity ratio of 0.89.

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

Aaron's Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th were issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, August 19th. Aaron's's dividend payout ratio is presently 10.28%.

Institutional Investors Weigh In On Aaron's

Several hedge funds have recently bought and sold shares of PRG. Ameritas Advisory Services LLC bought a new stake in Aaron's in the 2nd quarter valued at $27,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Aaron's by 785.6% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,045 shares of the company's stock worth $28,000 after acquiring an additional 927 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Aaron's by 66.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock worth $33,000 after acquiring an additional 447 shares during the period. Whittier Trust Co. lifted its holdings in shares of Aaron's by 157.6% during the 2nd quarter. Whittier Trust Co. now owns 1,391 shares of the company's stock worth $41,000 after acquiring an additional 851 shares during the period. Finally, WealthCollab LLC lifted its stake in Aaron's by 61.9% in the 2nd quarter. WealthCollab LLC now owns 2,092 shares of the company's stock valued at $61,000 after purchasing an additional 800 shares during the last quarter. 97.92% of the stock is currently owned by institutional investors and hedge funds.

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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