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Aaron's Company, Inc. (AAN) Stock Sinks As Market Gains: Here's Why
The Aaron’s panyThe Aaron’s pany(US:AAN) 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].