Aaron’s Holdings Company, Inc. (NYSE:PRG) Receives $41.50 Consensus Target Price from Analysts

Aaron’s Holdings Company, Inc. (NYSE:PRG) has been given an average recommendation of “Hold” by the seven analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $40.3333.

PRG has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Aaron’s from a “hold” rating to a “buy” rating in a report on Saturday. TD Cowen reduced their target price on shares of Aaron’s from $38.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday. BTIG Research raised their target price on shares of Aaron’s from $27.00 to $31.00 and gave the company a “sell” rating in a research note on Thursday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Aaron’s in a research note on Wednesday, October 8th.

Aaron’s Stock Down 0.4%

PRG opened at $31.03 on Monday. The firm’s 50-day simple moving average is $33.51 and its 200-day simple moving average is $30.55. The company has a debt-to-equity ratio of 0.85, a quick ratio of 2.82 and a current ratio of 4.74. Aaron’s has a twelve month low of $23.50 and a twelve month high of $49.90. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 7.87 and a beta of 1.79.

Aaron’s (NYSE:PRG) last issued its quarterly earnings data on Wednesday, October 22nd. The company reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.17. Aaron’s had a net margin of 6.54% and a return on equity of 22.36%. The firm had revenue of $595.11 million for the quarter, compared to analyst estimates of $586.11 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The company’s revenue was down 1.8% on a year-over-year basis. Aaron’s has set its FY 2025 guidance at 3.350-3.450 EPS. Q4 2025 guidance at 0.550-0.650 EPS. Equities research analysts anticipate that Aaron’s will post 3.45 EPS for the current fiscal year.

Aaron’s Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Tuesday, August 19th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, August 19th. Aaron’s’s dividend payout ratio (DPR) is 10.28%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of PRG. Ameritas Advisory Services LLC acquired a new stake in shares of Aaron’s in the 2nd quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd raised its position 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 during the period. GAMMA Investing LLC raised its position in shares of Aaron’s by 66.2% in the 2nd quarter. GAMMA Investing LLC now owns 1,122 shares of the company’s stock valued at $33,000 after acquiring an additional 447 shares during the period. Whittier Trust Co. raised its position in shares of Aaron’s by 157.6% in the 2nd quarter. Whittier Trust Co. now owns 1,391 shares of the company’s stock valued at $41,000 after acquiring an additional 851 shares during the period. Finally, WealthCollab LLC raised its position in shares of 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 acquiring an additional 800 shares during the period. Institutional investors own 97.92% of the company’s stock.

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.