Jefferies Stick to Their Buy Rating for PROG Holdings By Investing.com

Jefferies (NYSE:) analyst Kyle Joseph maintained a Buy rating on PROG Holdings on Wednesday, setting a price target of $67, which is approximately 48.00% above the present share price of $45.27.

Joseph expects PROG Holdings to post earnings per share (EPS) of $0.87 for the fourth quarter of 2021.

The current consensus among 5 TipRanks analysts is for a Strong Buy rating of shares in PROG Holdings, with an average price target of $59.8.
The analysts price targets range from a high of $67 to a low of $55.

In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $650.41 million and a net profit of $78.32 million. The company’s market cap is $2.96 billion.

According to TipRanks.com, Jefferies analyst Kyle Joseph is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.5% and a 69.05% success rate.

Aaron’s (NYSE:), Inc. retails consumer electronics, computers, residential furniture, household appliances, and accessories. It engages in the lease ownership, lease and retail sale of products such as widescreen and liquid crystal display televisions, computers, living room, dining room and bedroom furniture, washers, dryers, and refrigerators. The company operates through the following business segments: Progressive Leasing, Aaron’s Business and Vive. The Progressive Leasing segment provides lease-purchase solutions on a variety of products, including furniture and appliance, jewelry, mobile phones and accessories, mattress, and automobile electronics and accessories. The Aaron’s Business segment offers furniture, home appliances, consumer electronics and accessories to consumers with a lease-to-own agreement. The Vive segment offers a variety of second-look financing programs originated through third-party federally insured banks to customers of participating merchants and, together with Progressive Leasing, allows the Company to provide retail partners. The company was founded by R. Charles Loudermilk, Sr. in 1955 and is headquartered in Atlanta, GA.

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