Analysts Set Aaron’s Holdings Company, Inc. (NYSE:PRG) PT at $38.83

Aaron’s Holdings Company, Inc. (NYSE:PRG) has received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $38.8333.

PRG has been the topic of several recent analyst reports. BTIG Research raised Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 target price on the stock in a research report on Friday, November 21st. TD Cowen dropped their price target on Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Wall Street Zen raised shares of Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday. B. Riley Financial assumed coverage on shares of Aaron’s in a research note on Tuesday, December 16th. They issued a “buy” rating and a $50.00 target price for the company. Finally, Zacks Research raised shares of Aaron’s from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th.

Hedge Funds Weigh In On Aaron’s

Hedge funds have recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. raised its stake in Aaron’s by 2.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 13,199 shares of the company’s stock worth $389,000 after acquiring an additional 344 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of Aaron’s by 4.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 10,360 shares of the company’s stock valued at $304,000 after purchasing an additional 418 shares during the period. Quarry LP lifted its holdings in shares of Aaron’s by 82.8% during the fourth quarter. Quarry LP now owns 1,117 shares of the company’s stock worth $33,000 after purchasing an additional 506 shares during the period. Horizon Investments LLC boosted its position in Aaron’s by 2.6% in the fourth quarter. Horizon Investments LLC now owns 20,948 shares of the company’s stock valued at $618,000 after buying an additional 537 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Aaron’s by 45.3% in the fourth quarter. GAMMA Investing LLC now owns 1,806 shares of the company’s stock valued at $53,000 after buying an additional 563 shares during the last quarter. 97.92% of the stock is owned by institutional investors and hedge funds.

Aaron’s Trading Down 2.9%

NYSE PRG opened at $37.08 on Friday. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 10.30 and a beta of 1.73. The company’s 50-day simple moving average is $32.61 and its two-hundred day simple moving average is $31.99. The company has a debt-to-equity ratio of 0.80, a quick ratio of 2.32 and a current ratio of 4.71. Aaron’s has a one year low of $23.50 and a one year high of $41.14.

Aaron’s (NYSE:PRG) last posted its earnings results on Wednesday, February 18th. The company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.14. The company had revenue of $525.36 million for the quarter, compared to analyst estimates of $581.82 million. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.80 earnings per share. Aaron’s has set its Q1 2026 guidance at 0.700-0.900 EPS and its FY 2026 guidance at 4.000-4.450 EPS. Equities analysts forecast that Aaron’s will post 3.45 EPS for the current fiscal year.

Aaron’s Company Profile

PROG Holdings, Inc (NYSE: PRG), formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.