Aaron’s (NYSE:PRG) Given “Hold (C)” Rating at Weiss Ratings

Aaron’s (NYSE:PRG)‘s stock had its “hold (c)” rating reiterated by Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other equities research analysts also recently issued reports on PRG. Wall Street Zen upgraded shares of Aaron’s from a “hold” rating to a “buy” rating in a research report on Saturday, September 6th. BTIG Research downgraded shares of Aaron’s from a “neutral” rating to a “sell” rating and set a $24.00 price objective for the company. in a research report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Aaron’s has an average rating of “Moderate Buy” and a consensus target price of $41.00.

Aaron’s Trading Down 1.2%

Aaron’s stock opened at $30.38 on Wednesday. Aaron’s has a 52 week low of $23.50 and a 52 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 stock has a market capitalization of $1.20 billion, a P/E ratio of 6.00 and a beta of 1.79. The stock has a 50-day simple moving average of $33.69 and a 200 day simple moving average of $30.15.

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

Institutional Investors Weigh In On Aaron’s

Hedge funds and other institutional investors have recently made changes to their positions in the business. GAMMA Investing LLC raised its position in Aaron’s by 2,450.4% during the first quarter. GAMMA Investing LLC now owns 17,955 shares of the company’s stock valued at $478,000 after purchasing an additional 17,251 shares in the last quarter. Yousif Capital Management LLC raised its position in Aaron’s by 9.2% during the first quarter. Yousif Capital Management LLC now owns 17,284 shares of the company’s stock valued at $460,000 after purchasing an additional 1,461 shares in the last quarter. Exchange Traded Concepts LLC raised its position in Aaron’s by 586.9% during the first quarter. Exchange Traded Concepts LLC now owns 47,175 shares of the company’s stock valued at $1,255,000 after purchasing an additional 40,307 shares in the last quarter. Oppenheimer & Co. Inc. acquired a new position in Aaron’s during the first quarter valued at approximately $388,000. Finally, Moran Wealth Management LLC raised its position in Aaron’s by 13.4% during the first quarter. Moran Wealth Management LLC now owns 70,993 shares of the company’s stock valued at $1,888,000 after purchasing an additional 8,362 shares in the last quarter. 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.