Loading...Loading...There’s an old saying on Wall Street - "Gaps refill." It’s true, and it can be seen on the chart of Aaron’s Holdings Company, Inc. AAN. In this article, we will explain why it’s true and why it happens.An important dynamic in the financial markets is price levels that had previously been support converting into resistance. This occurs due to buyer’s remorse.People buy, and then regret doing so if the price falls below the price they paid. Some decide to get out if the price rises back to ...

The Aaron’s Company (NYSE:AAN) stock is jumping on Monday after the retail company announced a take-private deal with fintech organization IQVentures Holdings.This deal will have IQVentures acquiring AAN stock for $10.10 per share in cash. This is a 34% premium over their price closing price of $7.54 on Friday. It also brings the total enterprise value of the deal to $504 million.The Aaron’s Company’s Board of Directors has given its unanimous support for the take-private deal. This has it expecting the tra ...

MILWAUKEE, June 17, 2024 /PRNewswire/ -- Ademi LLP is investigating The Aaron's Company (NYSE: AAN) for possible breaches of fiduciary duty and other violations of law in its transaction with IQVentures.Click here to learn how to join the https://www.ademilaw.com/case/aarons-company-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.In the transaction, The Aaron's Company shareholders will receive only $10.10 per share in cash, or an enterprise value of approximately $50 ...

Transaction Represents 34.0% Premium to Aaron's Closing Share Price on June 14 and 35.6% Premium to the 90-Day Volume Weighted Average Share PriceATLANTA, June 17, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN) ("The Aaron's Company" or the "Company") today announced that it has entered into a definitive agreement to be acquired by IQVentures Holdings, LLC ("IQVentures"), a leading fintech organization, for $10.10 per share in cash, or an enterprise value of approximately $504 million. The price ...

ATLANTA, June 5, 2024 /PRNewswire/ -- The Aaron's Company, Inc. (NYSE: AAN), a leading, technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions, will participate in the TD Cowen Financial Services & Fintech Summit on Thursday, June 6, 2024, at 3:05 p.m Eastern Time. TD Cowen will host a fireside chat with Chief Financial Officer C. Kelly Wall and Vice President Finance & Investor Relations Marc Levee. A live webcast of the event may be accessed at https://wsw.com/webcast/cowen ...

A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN) . Shares have added about 11.4% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Aaron's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Aaron's Posts Wider Q1 Loss, Misses Sales Estim ...

The Aaron’s Company, Inc. (AAN) has been on track to expand its e-commerce business, driven by its omni-channel lease decisioning and customer acquisition program. This program has been resulting in improved lease portfolio size, which was evident in the first quarter of 2024. Despite a year-over-year decline, the company’s lease portfolio size marked a sequential improvement of 220 bps in the first quarter.Additionally, AAN is focused on the implementation of its GenNext strategy and its cost-reduction mea ...

The Aaron's Company, Inc. (AAN) reported a wider-than-expected loss per share in the first quarter of 2024. Also, its revenues missed the Zacks Consensus Estimate and declined year over year.Aaron's delivered an adjusted loss of 15 cents per share, wider than the Zacks Consensus Estimate of a loss of 8 cents. The company’s bottom line compared unfavorably with adjusted earnings of 66 cents per share in the year-ago quarter. The soft bottom-line performance can be attributed to the decline in revenues, and h ...

Aaron's Company, Inc. (AAN) reported $511.5 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 7.7%. EPS of -$0.15 for the same period compares to $0.66 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $517.36 million, representing a surprise of -1.13%. The company delivered an EPS surprise of -87.50%, with the consensus EPS estimate being -$0.08.While investors scrutinize revenue and earnings changes year-over-year and how they compare w ...

Aaron's Company, Inc. (AAN) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -87.50%. A quarter ago, it was expected that this specialty retail would post earnings of $0.03 per share when it actually produced a loss of $0.26, delivering a surprise of -966.67%.Over the last four quarters, t ...