Analysts Set Aaron's Holdings Company, Inc. (NYSE:PRG) Price Target at $41.00

Key Points

• Aaron's Holdings Company, Inc. (NYSE:PRG) has received a consensus rating of “Moderate Buy” from seven analysts, with a current average 12-month price target of $41.00.
• The company posted $1.02 earnings per share in its last quarterly results, exceeding analyst expectations of $0.79, and reported a revenue of $604.66 million.
• Aaron's declared a quarterly dividend of $0.13, leading to an annualized dividend yield of 1.5%, with a payout ratio of 10.28%.

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

A number of research analysts have commented on PRG shares. BTIG Research lowered Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price target for the company. in a research report on Monday, July 14th. Wall Street Zen upgraded Aaron's from a "hold" rating to a "buy" rating in a report on Friday, August 22nd.

Aaron's Trading Down 0.4%

PRG traded down $0.15 during midday trading on Friday, reaching $35.09. 61,938 shares of the company's stock traded hands, compared to its average volume of 484,113. The firm has a fifty day moving average of $31.68 and a two-hundred day moving average of $29.23. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 6.93 and a beta of 1.77. The company has a debt-to-equity ratio of 0.89, a current ratio of 5.71 and a quick ratio of 2.82. Aaron's has a 52 week low of $23.50 and a 52 week high of $50.28.

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

Aaron's Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th will be given a dividend of $0.13 per share. The ex-dividend date is Tuesday, August 19th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.5%. Aaron's's dividend payout ratio (DPR) is presently 10.28%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Breach Inlet Capital Management LLC lifted its stake in Aaron's by 140.7% in the first quarter. Breach Inlet Capital Management LLC now owns 703,849 shares of the company's stock worth $18,722,000 after purchasing an additional 411,459 shares during the last quarter. Nuveen LLC bought a new stake in Aaron's in the first quarter worth about $10,770,000. Vulcan Value Partners LLC lifted its stake in Aaron's by 84.3% in the first quarter. Vulcan Value Partners LLC now owns 681,746 shares of the company's stock worth $18,134,000 after purchasing an additional 311,917 shares during the last quarter. Millennium Management LLC lifted its stake in Aaron's by 62.7% in the first quarter. Millennium Management LLC now owns 673,405 shares of the company's stock worth $17,913,000 after purchasing an additional 259,630 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in Aaron's in the second quarter worth about $6,191,000. Hedge funds and other institutional investors own 97.92% of the company's stock.

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.