Impact of Brokerage Rating on Aarons, Inc.(AAN)

Many Aarons, Inc.(AAN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Aaron's was Upgraded by SunTrust to Buy on Jan 20, 2017. Aaron's was Downgraded by Raymond James to Mkt Perform on Jan 19, 2017. Aaron's was Initiated by Loop Capital to Hold on Dec 13, 2016. Aaron's was Downgraded by Sidoti to Neutral on Dec 9, 2016.

Company has reported several Insider transactions to the SEC, on Aug 23, 2016, Robert H Yanker (director) purchased 40,000 shares at 25.29 per share price.On Mar 21, 2016, Curtis Linn Doman (CTO Progressive Leasing) purchased 3,000 shares at 23.75 per share price.On Mar 8, 2016, Ryan K Woodley (CEO) purchased 4,000 shares at 23.64 per share price.

Aaron's Last issued its quarterly earnings results on Oct 28, 2016. The company reported $0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.47. The company had revenue of $768.98 million for the quarter, compared to analysts expectations of $778.73 million. The companys revenue was up .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.

Aarons, Inc. (NYSE:AAN) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.75 by 8 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

Aarons, Inc. (NYSE:AAN): 6 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $34.67 in Aarons, Inc. (NYSE:AAN). However, the stock price could fluctuate by $ 2.73 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $37 price target with the lower price estimate is calculated at $30

Aarons, Inc. (NYSE:AAN) witnessed a decline in the market cap on Tuesday as its shares dropped 0.34% or 0.1 points. After the session commenced at $29.21, the stock reached the higher end at $29.8 while it hit a low of $29.21. With the volume soaring to 744,564 shares, the last trade was called at $29.41. The company has a 52-week high of $34.22. The company has a market cap of $2,100 million and there are 71,417,558 shares in outstanding. The 52-week low of the share price is $20.26.

Aarons, Inc. is engaged in the sales and lease ownership and specialty retailing of residential and office furniture, consumer electronics, home appliances and accessories. It is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and LCD televisions, computers, living room and bedroom furniture, and refrigerators The company offers products of various brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. Aarons, Inc. is based in Atlanta, Georgia.


Share this post

Leave a Reply