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Aaron's Company, Inc. (AAN) Stock Slides as Market Rises: Facts to Know Before You Trade
AANThe Aaron’s pany(AAN) Zacks Investment Research·2024-03-12 22:51

Company Performance - Aaron's Company, Inc. (AAN) closed at $6.98, down 1.13% from the previous trading day, underperforming the S&P 500 which gained 1.12% [1] - Over the past month, shares of Aaron's Company have declined by 34.63%, contrasting with the Consumer Discretionary sector's gain of 1.03% and the S&P 500's gain of 2.06% [1] - The upcoming earnings report is anticipated to show an EPS of $0, indicating a 100% decline compared to the same quarter last year, with revenue expected to be $521.62 million, reflecting a 5.91% decline year-over-year [1] Analyst Estimates - For the full year, analysts expect earnings of $0.23 per share and revenue of $2.11 billion, representing declines of 71.6% and 1.33% respectively from the previous year [2] - Recent modifications to analyst estimates indicate shifting business dynamics, with positive revisions suggesting optimism regarding the company's profitability [2] - The Zacks Rank system, which incorporates estimate changes, currently ranks Aaron's Company at 4 (Sell), reflecting a significant 93.42% decrease in the consensus EPS estimate over the past month [3] Valuation and Industry Context - Aaron's Company has a Forward P/E ratio of 30.7, which is a premium compared to the industry average Forward P/E of 17.01 [3] - The Consumer Services - Miscellaneous industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 157, placing it in the bottom 38% of over 250 industries [3]