Aaron’s Inc. (AAN): Current Recommendation for AAN is 1.80

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Aaron’s Inc. (NYSE:AAN) changes shares on Wednesday trading session, with a change of 3.20% or $1.67 shares. The trading starts at $52.70 and closed at $52.21 throughout the day. The trading session low price was $51.50 and day high was $54.12 on Wednesday, August 05. After the session, the Industrials sector daily volume shifted to 0.92 million while its average volume is 879.13K. In other hand, the AAN market cap reached to $3.66B. While, its current target price is $65.11.

On February 24, 2020, BRIEF-Rent-A-Center Forecasts 2020 Consolidated Non-GAAP Diluted Earnings Per Share Of $2.45 To $2.85. According to the news reported on Reuters, * RENT-A-CENTER, INC. REPORTS STRONG FOURTH QUARTER 2019 RESULTS

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.94% and up 24.00% for month. Its quarterly performance was 87.08% above, while its half year performance is down -4.77%. AAN yearly performance stood at negative -15.20% and fall -5.66% for year-to-date. Current recommendation for Aaron’s Inc. is 1.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. AAN EPS (TTM) for 12-month is -4.73. EPS for this year is -83.50%, while for the next year its value is 4.28. Its EPS Q/Q reached 60.20%. It has an EPS of -15.70% down for past five years and for the next five years will be up 14.80%.

Let’s take a look on the analyst recommendations on AAN for the current month and previous month. For the current month, 8 of 10 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 2 as Hold. As compared with the previous month ratings, 11 analysts participate in stock recommendation. Out of 11, 0 rated it sell, 8 rated it as Buy and 3 as Hold Ratings. On the other hand, target price ranges from $45.00 – $80.00. Average target price for AAN was reached at $67.22.

The insider ownership moved to 1.30%.

The company posted an EPS (TTM) of -4.73. According to the most recent quarter report on (Sep 2020), 9 analysts estimated an average EPS of 0.83, while 0.73 EPS posted a year ago period. Analyst Estimated EPS for AAN published in the report was $0.73 – $0.87 during the same period. Comparing with last year, the average estimated EPS was 0.73 which is lower than 1.18 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for AAN rise 16.36% for period of 200 days. SMA for 50 days was 21.68% which is showing green signal, while SMA-20 was 16.66%. The moving average value for Aaron’s Inc. (AAN) is 2.77M and 3.94% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in AAN stock. On Aug 03, DAY CYNTHIA N, Director, sold 1,600 trading shares at the cost of $52.55, which valued at 84080.0. On Aug 03, Robinson John W, Chief Executive Officer, sold 136,630 shares at the cost of $51.90, with total shares of 183,126. On Jul 31, Kamerschen Robert W., EVP, Gen Counsel/Corp Sec, sold 44,990 shares at the cost of 51.62. After this transaction, Kamerschen Robert W. total shares reached to 36,478 which valued at 2.32 million.