Aaron’s (NYSE:PRG) Sets New 12-Month High Following Earnings Beat

Aaron’s Holdings Company, Inc. (NYSE:PRG)’s stock price reached a new 52-week high during trading on Thursday following a stronger than expected earnings report. The company traded as high as $41.04 and last traded at $40.65, with a volume of 283530 shares traded. The stock had previously closed at $36.12.

The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.14. The firm had revenue of $525.36 million during the quarter, compared to the consensus estimate of $581.82 million. Aaron’s had a return on equity of 22.36% and a net margin of 6.54%.The company’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.80 EPS. Aaron’s has set its Q1 2026 guidance at 0.700-0.900 EPS and its FY 2026 guidance at 4.000-4.450 EPS.

Aaron’s News Summary

Here are the key news stories impacting Aaron’s this week:

• Positive Sentiment: Material guidance upgrade: FY 2026 EPS was raised to $4.00–$4.45 (vs. consensus ~$3.55) and revenue guidance was raised to $3.0B–$3.1B (vs. consensus ~$2.7B), signaling management’s confidence in coming quarters. PROG Holdings Reports Fourth Quarter 2025 Results
• Positive Sentiment: Q4 EPS beat: Reported $0.74 vs. consensus ~$0.60 — an EPS beat that helped validate profitability despite a tougher top-line environment. PROG Holdings (PRG) Q4 Earnings Top Estimates
• Neutral Sentiment: Full earnings materials and management commentary are available (earnings slide deck and call transcript) — review slides/call for detail on assumptions behind the guidance and product-level trends. PROG Holdings, Inc. (PRG) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Presentation deck posted with quarter and guidance detail — useful for modeling revenue mix, margin drivers, and assumptions behind higher revenue/earnings outlook. PROG Holdings, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Negative Sentiment: Revenue miss and year-over-year decline: Q4 revenue of $525.36M missed the ~$581.8M consensus and was down ~5.2% YoY, and EPS declined from $0.80 a year ago — showing the business still faces top-line pressure even as profitability holds. PROG Holdings Q4 Results and Materials

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on PRG shares. Weiss Ratings reissued a “hold (c)” rating on shares of Aaron’s in a research note on Thursday, January 22nd. Wall Street Zen downgraded Aaron’s from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. BTIG Research upgraded Aaron’s from a “sell” rating to a “neutral” rating and set a $31.00 price target on the stock in a report on Friday, November 21st. TD Cowen cut their price objective on shares of Aaron’s from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Finally, B. Riley Financial started coverage on shares of Aaron’s in a research note on Tuesday, December 16th. They issued a “buy” rating and a $50.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Aaron’s has an average rating of “Moderate Buy” and a consensus target price of $38.83.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vident Advisory LLC grew its stake in Aaron’s by 17.2% in the 4th quarter. Vident Advisory LLC now owns 22,133 shares of the company’s stock worth $653,000 after acquiring an additional 3,253 shares in the last quarter. State of Tennessee Department of Treasury boosted its holdings in shares of Aaron’s by 6.7% in the fourth quarter. State of Tennessee Department of Treasury now owns 26,887 shares of the company’s stock valued at $872,000 after purchasing an additional 1,680 shares during the period. Mackenzie Financial Corp grew its stake in Aaron’s by 18.8% in the fourth quarter. Mackenzie Financial Corp now owns 72,343 shares of the company’s stock worth $2,186,000 after purchasing an additional 11,435 shares in the last quarter. Empowered Funds LLC increased its holdings in Aaron’s by 9.8% during the 4th quarter. Empowered Funds LLC now owns 133,730 shares of the company’s stock worth $3,944,000 after purchasing an additional 11,912 shares during the period. Finally, XTX Topco Ltd purchased a new position in Aaron’s during the 4th quarter worth $395,000. Hedge funds and other institutional investors own 97.92% of the company’s stock.

Aaron’s Trading Up 12.6%

The firm has a market capitalization of $1.61 billion, a P/E ratio of 10.36 and a beta of 1.73. The stock has a 50-day simple moving average of $31.91 and a two-hundred day simple moving average of $31.76. The company has a current ratio of 4.74, a quick ratio of 2.65 and a debt-to-equity ratio of 0.85.

About Aaron’s

PROG Holdings, Inc (NYSE: PRG), formerly known as Aaron’s, is a North American provider of lease-to-own and consumer finance solutions. The company operates through two primary segments: Aaron’s Business Solutions and Progressive Financial Services. Through Aaron’s Business Solutions, PROG offers customers access to furniture, electronics, home appliances and technology products via lease ownership arrangements, serving both individual consumers and small businesses.

The Progressive Financial Services segment provides lease-purchase and retail point-of-sale financing programs to customers with limited credit histories.