Brokerages Set Aaron’s Holdings Company, Inc. (NYSE:PRG) PT at $41.00

Shares of Aaron’s Holdings Company, Inc. (NYSE:PRG) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $41.00.

PRG has been the subject of a number of recent research reports. BTIG Research lowered shares of Aaron’s from a “neutral” rating to a “sell” rating and set a $24.00 target price for the company. in a report on Monday, July 14th. Wall Street Zen upgraded Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday, September 6th.

Institutional Trading of Aaron’s

Institutional investors have recently bought and sold shares of the stock. Oppenheimer & Co. Inc. bought a new stake in Aaron’s in the first quarter worth $388,000. Wedge Capital Management L L P NC lifted its position in shares of Aaron’s by 41.9% during the first quarter. Wedge Capital Management L L P NC now owns 105,148 shares of the company’s stock worth $2,797,000 after purchasing an additional 31,073 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Aaron’s by 2,450.4% during the first quarter. GAMMA Investing LLC now owns 17,955 shares of the company’s stock worth $478,000 after purchasing an additional 17,251 shares during the last quarter. Allianz Asset Management GmbH lifted its position in shares of Aaron’s by 16.3% during the first quarter. Allianz Asset Management GmbH now owns 907,100 shares of the company’s stock worth $24,129,000 after purchasing an additional 127,384 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Aaron’s during the fourth quarter worth $1,845,000. 97.92% of the stock is currently owned by institutional investors.

Aaron’s Trading Down 1.7%

PRG stock opened at $32.83 on Thursday. The firm has a fifty day moving average price of $33.77 and a 200 day moving average price of $29.97. Aaron’s has a fifty-two week low of $23.50 and a fifty-two week high of $50.12. The company has a debt-to-equity ratio of 0.89, a quick ratio of 2.82 and a current ratio of 5.71. The firm has a market cap of $1.30 billion, a PE ratio of 6.49 and a beta of 1.77.

Aaron’s (NYSE:PRG) last posted its earnings results on Wednesday, July 23rd. The company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.23. Aaron’s had a net margin of 8.53% and a return on equity of 22.54%. The firm had revenue of $604.66 million during the quarter, compared to analyst estimates of $586.25 million. During the same period last year, the firm posted $0.92 earnings per share. Aaron’s’s revenue for the quarter was up 2.1% compared to the same quarter last year. Aaron’s has set its Q3 2025 guidance at 0.700-0.750 EPS. FY 2025 guidance at 3.200-3.350 EPS. Sell-side analysts anticipate that Aaron’s will post 3.45 earnings per share for the current fiscal year.

Aaron’s Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Tuesday, August 19th were given a $0.13 dividend. The ex-dividend date was Tuesday, August 19th. This represents a $0.52 dividend on an annualized basis and a yield of 1.6%. Aaron’s’s dividend payout ratio (DPR) is currently 10.28%.

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.