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After finishing at $42.69 in the prior trading day, PROG Holdings Inc (NYSE: PRG) closed at $30.58, down -28.37%. In other words, the price has decreased by -$28.37 from its previous closing price. On the day, 2.25 million shares were traded.
Ratios:
Our goal is to gain a better understanding of PRG 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 5.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.08. For the most recent quarter (mrq), Quick Ratio is recorded 4.31 and its Current Ratio is at 10.14. In the meantime, Its Debt-to-Equity ratio is 0.96 whereas as Long-Term Debt/Eq ratio is at 0.96.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Stephens on November 13, 2024, initiated with a Overweight rating and assigned the stock a target price of $60.
On October 24, 2024, Raymond James Upgraded its rating to Outperform which previously was Mkt Perform but kept the price unchanged to $48.
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 Nov 12 ’24 when Sewell George M sold 3,500 shares for $48.88 per share. The transaction valued at 171,080 led to the insider holds 12,639 shares of the business.
Sewell George M bought 3,500 shares of PRG for $171,092 on Nov 12 ’24. On Nov 12 ’24, another insider, Garner Brian, who serves as the Officer of the company, bought 15,484 shares for $48.50 each.
Valuation Measures:
As of this moment, PROG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.44, and their Forward P/E ratio for the next fiscal year is 7.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 2.01.
Stock Price History:
Over the past 52 weeks, PRG has reached a high of $50.28, while it has fallen to a 52-week low of $27.84. The 50-Day Moving Average of the stock is -28.70%, while the 200-Day Moving Average is calculated to be -27.51%.
Shares Statistics:
A total of 41.54M shares are outstanding, with a floating share count of 40.46M. Insiders hold about 2.61% of the company’s shares, while institutions hold 99.31% stake in the company.
Earnings Estimates
A comprehensive evaluation of PROG Holdings Inc (PRG) is underway, with the input of 3.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.93, with high estimates of $0.95 and low estimates of $0.91.
Analysts are recommending an EPS of between $3.85 and $3.33 for the fiscal current year, implying an average EPS of $3.59. EPS for the following year is $4.08, with 5.0 analysts recommending between $4.35 and $3.87.
Revenue Estimates
4 analysts predict $681.76M in revenue for the current quarter. It ranges from a high estimate of $689M to a low estimate of $676.6M. As of the current estimate, PROG Holdings Inc’s year-ago sales were $641.87MFor the next quarter, 4 analysts are estimating revenue of $617.13M. There is a high estimate of $629M for the next quarter, whereas the lowest estimate is $608.8M.
A total of 6 analysts have provided revenue estimates for PRG’s current fiscal year. The highest revenue estimate was $2.61B, while the lowest revenue estimate was $2.53B, resulting in an average revenue estimate of $2.57B. In the same quarter a year ago, actual revenue was $2.46BBased on 5 analysts’ estimates, the company’s revenue will be $2.73B in the next fiscal year. The high estimate is $2.81B and the low estimate is $2.65B.
