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Why the Market Dipped But Aaron's Company, Inc. (AAN) Gained Today
Zacks Investment Research· 2024-02-20 23:51
Aaron's Company, Inc. (AAN) closed the latest trading day at $10.52, indicating a +0.1% change from the previous session's end. The stock's change was more than the S&P 500's daily loss of 0.6%. Elsewhere, the Dow lost 0.17%, while the tech-heavy Nasdaq lost 0.92%.Shares of the specialty retail witnessed a loss of 0.76% over the previous month, trailing the performance of the Consumer Discretionary sector with its gain of 3.27% and the S&P 500's gain of 3.56%.Market participants will be closely following th ...
The Aaron's Company, Inc. (AAN) Is a Trending Stock: Facts to Know Before Betting on It
Zacks Investment Research· 2024-02-13 15:00
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this specialty retail have returned +3.3%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Consumer Services - Miscellaneous industry, which Aaron's falls in, has gained 6.3%. The key question now is: What could be the sto ...
The Aaron's Company, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Call and Webcast
Prnewswire· 2024-02-06 21:45
Group 1 - The Aaron's Company, Inc. will host a conference call on February 27, 2024, at 8:30 a.m. Eastern Time to discuss its fourth quarter and full year 2023 financial results [1] - The earnings release will be issued after the market closes on February 26, 2024 [1] - The call will be hosted by CEO Douglas A. Lindsay, President Steve Olsen, and CFO C. Kelly Wall [1] Group 2 - The Aaron's Company is a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions for appliances, electronics, furniture, and other home goods [3] - The company operates approximately 1,250 stores across 47 states and Canada, along with an e-commerce platform [3] - BrandsMart U.S.A. is a leading appliance retailer with 11 retail stores in Florida and Georgia, also supported by an e-commerce platform [3]
Aaron's Company, Inc. (AAN) Ascends While Market Falls: Some Facts to Note
Zacks Investment Research· 2024-02-05 23:51
Company Performance - Aaron's Company, Inc. (AAN) closed at $10.23, reflecting a +1.19% change from the previous day's closing price, outperforming the S&P 500's 0.32% loss [1] - Over the past month, AAN shares have decreased by 10.69%, underperforming the Consumer Discretionary sector's gain of 2.23% and the S&P 500's gain of 4.59% [1] - The upcoming earnings report is anticipated, with projected EPS at $0.03, indicating a 66.67% decline year-over-year, and revenue estimated at $542.88 million, a 7.92% decrease compared to the same quarter last year [1] Analyst Forecasts - Investors should monitor recent revisions to analyst forecasts for AAN, as these revisions reflect near-term business trends [2] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates AAN at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [2] Valuation and Industry Context - AAN has a Forward P/E ratio of 10.2, which is below the industry average Forward P/E of 13.93 [3] - The Consumer Services - Miscellaneous industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 78, placing it in the top 31% of over 250 industries [3] - Research indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [3]
Investors Heavily Search The Aaron's Company, Inc. (AAN): Here is What You Need to Know
Zacks Investment Research· 2024-01-31 15:01
Core Viewpoint - Aaron's Company, Inc. (AAN) has experienced a decline in stock performance recently, with a return of -4.9% over the past month, contrasting with the Zacks S&P 500 composite's +3.3% change [1] Earnings Estimate Revisions - For the current quarter, Aaron's is expected to post earnings of $0.03 per share, reflecting a significant decrease of -66.7% from the same quarter last year, with the Zacks Consensus Estimate remaining unchanged over the last 30 days [2] - The consensus earnings estimate for the current fiscal year is $1.09, indicating a decline of -47.3% from the previous year, with no changes in the estimate over the last month [3] - For the next fiscal year, the consensus estimate is $0.99, showing a decrease of -9.3% compared to the expected report from the previous year, with the estimate also remaining unchanged [3] Revenue Growth Projections - The consensus sales estimate for the current quarter is $542.88 million, which represents a year-over-year decline of -7.9% [5] - For the current fiscal year, revenue estimates are $2.15 billion, indicating a decrease of -4.3%, while the next fiscal year's estimate of $2.2 billion suggests a slight increase of +2.1% [5] Last Reported Results and Surprise History - In the last reported quarter, Aaron's generated revenues of $525.68 million, a year-over-year decline of -11.4%, with an EPS of $0.01 compared to $0.31 a year ago [6] - The reported revenues were below the Zacks Consensus Estimate of $537.29 million, resulting in a revenue surprise of -2.16%, while the EPS surprise was -83.33% [6] - Over the last four quarters, Aaron's has surpassed consensus EPS estimates three times and revenue estimates two times [7] Valuation - Aaron's is graded A in the Zacks Value Style Score, indicating that it is trading at a discount compared to its peers [9] - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is fairly valued, overvalued, or undervalued [8] Bottom Line - The Zacks Rank 3 suggests that Aaron's may perform in line with the broader market in the near term, despite the current market buzz [10]
Aaron's Company, Inc. (AAN) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Zacks Investment Research· 2024-01-29 23:46
Group 1: Company Performance - Aaron's Company, Inc. (AAN) closed at $10.79, reflecting a +0.56% change from the previous day, underperforming the S&P 500 which gained 0.76% [1] - The company's shares experienced a 1.38% decline over the past month, lagging behind the Consumer Discretionary sector's gain of 1.72% and the S&P 500's gain of 2.5% [1] - The upcoming earnings report is anticipated, with expected EPS of $0.03, a decrease of 66.67% from the same quarter last year, and projected revenue of $542.88 million, down 7.92% year-over-year [1] Group 2: Analyst Estimates and Rankings - Recent changes to analyst estimates for Aaron's Company reflect evolving short-term business trends, with positive revisions indicating analyst optimism [2] - The Zacks Rank system, which evaluates estimated changes, currently ranks Aaron's Company at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [2] Group 3: Valuation and Industry Context - Aaron's Company is trading at a Forward P/E ratio of 10.82, which is lower than the industry average Forward P/E of 13.4, indicating a valuation discount [3] - The Consumer Services - Miscellaneous industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 96, placing it in the top 39% of over 250 industries [3] - The Zacks Industry Rank measures the strength of industry groups, with top-rated industries historically outperforming lower-rated ones by a factor of 2 to 1 [3]
Aaron's Company, Inc. (AAN) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-01-23 23:50
Core Viewpoint - Aaron's Company, Inc. is experiencing a decline in stock performance, with upcoming earnings expected to show significant drops in both EPS and revenue compared to the previous year [1][2]. Company Performance - The stock closed at $10.49, reflecting a -0.94% change from the previous day, underperforming the S&P 500's gain of 0.29% [1]. - Over the past month, the stock has decreased by 4.68%, contrasting with the Consumer Discretionary sector's loss of 0.69% and the S&P 500's gain of 2.08% [1]. Earnings Estimates - The upcoming EPS is projected at $0.03, indicating a 66.67% decrease from the same quarter last year [1]. - Revenue is expected to be $542.88 million, representing a 7.92% decline compared to the year-ago quarter [1]. Analyst Estimates - Recent changes in analyst estimates indicate a dynamic business environment, with the Zacks Consensus EPS estimate remaining unchanged over the last 30 days [2]. - Aaron's Company, Inc. currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [2]. Valuation Metrics - The Forward P/E ratio for Aaron's Company, Inc. is 10.68, which is lower than the industry average Forward P/E of 13.24 [3]. - The Consumer Services - Miscellaneous industry, part of the Consumer Discretionary sector, has a Zacks Industry Rank of 160, placing it in the bottom 37% of over 250 industries [3].
Why Aaron's Company, Inc. (AAN) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-01-17 23:51
In the latest trading session, Aaron's Company, Inc. (AAN) closed at $10.15, marking a -1.46% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.56%. On the other hand, the Dow registered a loss of 0.25%, and the technology-centric Nasdaq decreased by 0.59%.Shares of the specialty retail have depreciated by 7.95% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 2.54% and the S&P 500's gain of 1.2%.Investors will be eage ...
Here's How Aaron's (AAN) Plans to Navigate Soft Demand Trends
Zacks Investment Research· 2024-01-17 18:06
The Aaron's Co., Inc. (AAN) is advancing its business through the effective use of e-commerce platforms and the implementation of its GenNext strategy. Alongside these initiatives, the company is focusing on cost-reduction measures aimed at improving efficiency and strategic procurement.However, AAN faces several challenges. The company is impacted by changing market dynamics, which are expected to continue in the near term. It deals with soft retail sales and stiff competition.  Aaron's has been, particula ...
Here is What to Know Beyond Why The Aaron's Company, Inc. (AAN) is a Trending Stock
Zacks Investment Research· 2024-01-16 15:37
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this specialty retail have returned -4.7%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Consumer Services - Miscellaneous industry, which Aaron's falls in, has lost 1.2%. The key question now is: What could be the stock ...