Aaron's (NYSE:PRG) Given "Hold (C)" Rating at Weiss Ratings

Key Points

• Aaron's stock has been given a "hold (C)" rating by Weiss Ratings, while BTIG Research downgraded it from "neutral" to "sell" with a price target of $24.00.
• The company reported $1.02 EPS for its most recent quarter, exceeding the consensus estimate of $0.79, and had a revenue of $604.66 million.
• Aaron's has a market capitalization of $1.20 billion and a current ratio of 5.71, indicating strong liquidity and financial stability.

Aaron's (NYSE:PRG - Get Free Report)'s stock had its "hold (c)" rating restated by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Several other analysts also recently issued reports on PRG. BTIG Research downgraded Aaron's from a "neutral" rating to a "sell" rating and set a $24.00 price target on the stock. in a research note on Monday, July 14th. Wall Street Zen raised Aaron's from a "hold" rating to a "buy" rating in a research note on Saturday, September 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Aaron's currently has an average rating of "Moderate Buy" and a consensus price target of $41.00.

Aaron's Stock Performance

Shares of Aaron's stock opened at $30.38 on Wednesday. The company has a market capitalization of $1.20 billion, a PE ratio of 6.00 and a beta of 1.79. Aaron's has a 12 month low of $23.50 and a 12 month high of $50.12. The company has a current ratio of 5.71, a quick ratio of 2.82 and a debt-to-equity ratio of 0.89. The stock's fifty day simple moving average is $33.69 and its 200 day simple moving average is $30.15.

Aaron's (NYSE:PRG - Get Free Report) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.79 by $0.23. The business had revenue of $604.66 million for the quarter, compared to the consensus estimate of $586.25 million. Aaron's had a return on equity of 22.54% and a net margin of 8.53%.The firm's revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business 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, research analysts predict that Aaron's will post 3.45 EPS for the current year.

Hedge Funds Weigh In On Aaron's

Hedge funds have recently modified their holdings of the stock. Ameritas Advisory Services LLC bought a new position in shares of Aaron's in the 2nd quarter valued at about $27,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Aaron's by 785.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,045 shares of the company's stock valued at $28,000 after acquiring an additional 927 shares in the last quarter. GAMMA Investing LLC grew its holdings in Aaron's by 66.2% during the second quarter. GAMMA Investing LLC now owns 1,122 shares of the company's stock worth $33,000 after purchasing an additional 447 shares during the period. Whittier Trust Co. grew its holdings in Aaron's by 157.6% during the second quarter. Whittier Trust Co. now owns 1,391 shares of the company's stock worth $41,000 after purchasing an additional 851 shares during the period. Finally, WealthCollab LLC grew its holdings in Aaron's by 61.9% during the second quarter. WealthCollab LLC now owns 2,092 shares of the company's stock worth $61,000 after purchasing an additional 800 shares during the period. 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.

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