Aaron's' (PRG) Sell Rating Reiterated at BTIG Research

Key Points

• BTIG Research has reiterated a "sell" rating for Aaron's (NYSE: PRG) with a price target of $27.00, indicating a potential downside of 11.5% from the previous close.
• While BTIG maintains a negative outlook, other firms like Wall Street Zen have recently upgraded Aaron's stock from a "hold" to a "buy," reflecting mixed sentiments among analysts.
• Aaron's reported a Q2 earnings per share of $1.02, beating estimates and showing a year-over-year revenue increase of 2.1%, leading to a consensus expectation of 3.45 EPS for the current fiscal year.

Aaron's (NYSE:PRG - Get Free Report)'s stock had its "sell" rating reaffirmed by stock analysts at BTIG Research in a research note issued to investors on Friday,Benzinga reports. They currently have a $27.00 price target on the stock. BTIG Research's target price indicates a potential downside of 11.50% from the company's previous close.

Several other research firms have also commented on PRG. Wall Street Zen upgraded Aaron's from a "hold" rating to a "buy" rating in a research note on Saturday, September 6th. Weiss Ratings restated a "hold (c)" rating on shares of Aaron's in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $41.50.

Aaron's Price Performance

NYSE:PRG opened at $30.51 on Friday. Aaron's has a 12 month low of $23.50 and a 12 month high of $50.12. The stock has a 50 day moving average of $33.67 and a two-hundred day moving average of $30.17. 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 firm has a market cap of $1.21 billion, a P/E ratio of 6.03 and a beta of 1.79.

Aaron's (NYSE:PRG - Get Free Report) last posted 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. Aaron's had a return on equity of 22.54% and a net margin of 8.53%.The company had revenue of $604.66 million during the quarter, compared to analyst estimates of $586.25 million. During the same period in the previous year, the business earned $0.92 EPS. Aaron's's quarterly 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. On average, analysts expect that Aaron's will post 3.45 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Breach Inlet Capital Management LLC lifted its stake in Aaron's by 140.7% during 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 in the last quarter. Nuveen LLC acquired a new position in Aaron's during the first quarter worth $10,770,000. Vulcan Value Partners LLC lifted its stake in Aaron's by 84.3% during 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 in the last quarter. Millennium Management LLC lifted its stake in Aaron's by 62.7% during 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 in the last quarter. Finally, Assenagon Asset Management S.A. acquired a new position in Aaron's during the second quarter worth $6,191,000. 97.92% of the stock is currently owned by institutional investors and hedge funds.

About Aaron's

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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