Shares of Aaron’s Holdings Company, Inc. (NYSE:PRG – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $38.8333.
PRG has been the topic of several recent research reports. BTIG Research upgraded shares of Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 price objective on the stock in a research report on Friday, November 21st. TD Cowen cut their price target on Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Thursday, January 8th. Wall Street Zen upgraded Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday. B. Riley Financial initiated coverage on Aaron’s in a research report on Tuesday, December 16th. They issued a “buy” rating and a $50.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Aaron’s in a research report on Thursday, January 22nd.
Get Our Latest Analysis on PRG
Aaron’s Price Performance
Aaron’s (NYSE:PRG – Get Free Report) last issued its earnings results on Wednesday, February 18th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.14. Aaron’s had a return on equity of 20.99% and a net margin of 5.97%.The firm had revenue of $525.36 million for the quarter, compared to analyst estimates of $581.82 million. During the same period last year, the company earned $0.80 earnings per share. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. 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. As a group, sell-side analysts expect that Aaron’s will post 3.45 EPS for the current year.
Hedge Funds Weigh In On Aaron’s
A number of institutional investors and hedge funds have recently bought and sold shares of PRG. Quarry LP lifted its stake in shares of Aaron’s by 82.8% in the 4th quarter. Quarry LP now owns 1,117 shares of the company’s stock worth $33,000 after acquiring an additional 506 shares during the period. Whittier Trust Co. raised 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 in the last quarter. Federation des caisses Desjardins du Quebec acquired a new stake in Aaron’s in the fourth quarter worth approximately $44,000. GAMMA Investing LLC boosted its stake in Aaron’s by 45.3% during the 4th quarter. GAMMA Investing LLC now owns 1,806 shares of the company’s stock valued at $53,000 after purchasing an additional 563 shares in the last quarter. Finally, WealthCollab LLC increased its position in shares of Aaron’s by 61.9% during the 2nd quarter. WealthCollab LLC now owns 2,092 shares of the company’s stock valued at $61,000 after purchasing 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), 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.
Featured Stories
- Five stocks we like better than Aaron’s
- Elon Musk already made me a “wealthy man”
- America’s 1776 happening again
- [How To] Invest Pre-IPO In SpaceX With $100!
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Elon Musk: This Could Turn $100 into $100,000
Receive News & Ratings for Aaron's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aaron's and related companies with MarketBeat.com's FREE daily email newsletter.
