After finishing at $10.46 in the prior trading day, Aarons Company Inc (NYSE: AAN) closed at $8.52, down -18.55%. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 961519 shares were traded.
Ratios:
Our goal is to gain a better understanding of AAN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.00. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.
On July 10, 2023, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $15 to $14.
BofA Securities Downgraded its Neutral to Underperform on October 24, 2022, while the target price for the stock was maintained at $6.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 08 when George Rachel G bought 500 shares for $9.25 per share. The transaction valued at 4,625 led to the insider holds 46,549 shares of the business.
Olsen Stephen W sold 10,000 shares of AAN for $110,800 on Dec 13. The President now owns 94,885 shares after completing the transaction at $11.08 per share. On Nov 14, another insider, JOHNSON TIMOTHY A, who serves as the Director of the company, bought 20,000 shares for $8.33 each. As a result, the insider paid 166,592 and bolstered with 44,255 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AAN now has a Market Capitalization of 258.68M and an Enterprise Value of 896.30M. As of this moment, Aarons’s Price-to-Earnings (P/E) ratio for their current fiscal year is 115.29, and their Forward P/E ratio for the next fiscal year is 7.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.38. Its current Enterprise Value per Revenue stands at 0.42 whereas that against EBITDA is 1.59.
Stock Price History:
Over the past 52 weeks, AAN has reached a high of $16.16, while it has fallen to a 52-week low of $6.72. The 50-Day Moving Average of the stock is 10.73, while the 200-Day Moving Average is calculated to be 11.32.
Shares Statistics:
The stock has traded on average 316.55K shares per day over the past 3-months and 203.6k shares per day over the last 10 days, according to various share statistics. A total of 30.36M shares are outstanding, with a floating share count of 29.08M. Insiders hold about 4.12% of the company’s shares, while institutions hold 92.59% stake in the company. Shares short for AAN as of Jan 31, 2024 were 694.89k with a Short Ratio of 2.20, compared to 706.34k on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.29% and a Short% of Float of 3.00%.
Dividends & Splits
In the trailing 12 months, AAN’s forward annual dividend rate was 0.00, compared to 0.50 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 4.78%. The current Payout Ratio is 555.56% for AAN, which recently paid a dividend on Jan 04, 2024 with an ex-dividend date of Dec 13, 2023. Stock splits for the company last occurred on Apr 16, 2010 when the company split stock in a 3:2 ratio.
Earnings Estimates
Its stock is currently analyzed by 6 different market analysts. On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.53 and a low estimate of $0.25, while EPS last year was $0.66. The consensus estimate for the next quarter is $0.33, with high estimates of $0.49 and low estimates of $0.14.
Analysts are recommending an EPS of between $1.62 and $0.39 for the fiscal current year, implying an average EPS of $1.09. EPS for the following year is $1.73, with 3 analysts recommending between $1.95 and $1.5.
Revenue Estimates
6 analysts predict $547.94M in revenue for the current quarter. It ranges from a high estimate of $569.44M to a low estimate of $521.72M. As of the current estimate, Aarons Company Inc’s year-ago sales were $554.36M, an estimated decrease of -1.20% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $539.08M, a decrease of -0.80% over than the figure of -$1.20% in the same quarter last year. There is a high estimate of $570.5M for the next quarter, whereas the lowest estimate is $518.96M.
A total of 6 analysts have provided revenue estimates for AAN’s current fiscal year. The highest revenue estimate was $2.27B, while the lowest revenue estimate was $2.15B, resulting in an average revenue estimate of $2.2B. In the same quarter a year ago, actual revenue was $2.14B, up 3.00% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $2.29B in the next fiscal year. The high estimate is $2.38B and the low estimate is $2.23B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
