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8800.0
|
2010-09-07 00:00:00 UTC
|
6 Financial Penny Stocks to Buy
|
AAME
|
https://www.nasdaq.com/articles/6-financial-penny-stocks-buy-2010-09-07
|
nan
|
nan
|
Penny stocks can be difficult investments for many retail investors, with shares trading for only a few cents always listed on the pink sheets and frequently involving high fees and high risk. But the next best thing is to go for low-priced investments that barely qualify for the major exchanges, skirting the $1 share price limit.
Right now, a number of decent small-cap financial companies are right on the line with shares at around a buck apiece. My Portfolio Grader analysis tool tells me that several of these financial stocks are seeing strong quantitative buying pressure, what I call "quant." That means buyers are dramatically outpacing sellers even in this volatile market - a great sign for these stocks.
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now:
Atlantic American Corp. ( AAME )
Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. Atlantic American's largest subsidiaries are the American Safety Insurance Company, American Southern Insurance Company and Bankers Fidelity Life Insurance Company. Year-to-date, this penny stock has climbed +12.5% and has jumped an impressive +77.8% over the past 12 months. With a market cap of $32.1 million and a stock price of $1.44, Atlantic American Corp. could be a valuable penny stock to buy due to its strong gains in recent history.
Dearborn Bancorp Inc. ( DEAR )
Headquartered in Michigan, Dearborn Bancorp Inc (NASDAQ: DEAR ) is the holding company for Fidelity Bank. The bank offers a slew of financial services including checking accounts, savings accounts and money market accounts, just to name a few. Dearborn has seen extraordinary gains since January, as the stock has jumped +201% during that time. The penny stock has far outpaced the broader markets which have remained close to even during the same time frame.
Quest Capital Corp. (QCC)
Quest Capital Corp. (AMEX: QCC ) is a real estate mortgage financing company whose borrowers include owners of multi-unit residential buildings, commercial properties and land. Quest generates its revenue off of the interest it collects from its various loans. Since January, Quest's stock has risen an impressive +45.5% and a total of +68% since last September. Additionally, this penny stock posted a net profit margin of +10.8% in its last earnings report. The stock is currently trading at $1.65 per share.
MPG Office Trust Inc. ( MPG )
MPG Office Trust Inc. (NYSE: MPG ) is another financial penny stock that has found recent success. Over the last nine months, MPG's stock has shot up +60.3%, and it has risen an incredible +122% over the last 52 weeks. In its latest income statement, MPG reported quarterly revenue growth of +3.8% year-over-year. MPG is a full service real estate company with resources in property management, marketing, leasing, acquisitions, development and financing. The penny stock was formerly known as Maguire Properties Inc.
Newcastle Investment Corp. ( NCT )
Based in New York City, Newcastle Investment Corp. (NYSE: NCT ) is a real estate investment company. This penny stock invests in real estate securities and loans, while also managing a portfolio of real estate investments. Shareholders have been pleased so far in 2010, as Newcastle's stock has climbed +24.4% since January. Over the past 12 months, the stock has jumped +72.2% and it recently posted a second quarter net profit margin of +161%. Finally, the fact that it has outperformed earnings estimates for four consecutive quarters makes this penny stock a strong buying opportunity.
IMPAC Mortgage Holdings Inc. ( IMH )
IMPAC Mortgage Holdings Inc. (NYSE: IMH ) owns numerous subsidiaries whose primary operations include mortgage and real estate fee-based business activities. Year-to-date, IMPAC has dropped -12%. Despite the drop in stock price, the penny stock reported a net profit margin of +1% and a return on average equity of +42.5% in its last income statement. A profit margin of +27.2% also has company officials pleased.
As of this writing, Louis Navellier did not own a position in any of the stocks named here.
5 Small Caps with 10-Bagger Potential.Small, innovative companies are watching their earnings explode - and they are the next ten-baggers. Investing pro Louis Navellier reveals his secrets to identifying these small cap innovators, plus five of his favorite small cap stocks - download your FREE profit guide here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. My Portfolio Grader analysis tool tells me that several of these financial stocks are seeing strong quantitative buying pressure, what I call "quant." MPG is a full service real estate company with resources in property management, marketing, leasing, acquisitions, development and financing.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. MPG Office Trust Inc. ( MPG ) MPG Office Trust Inc. (NYSE: MPG ) is another financial penny stock that has found recent success. IMPAC Mortgage Holdings Inc. ( IMH ) IMPAC Mortgage Holdings Inc. (NYSE: IMH ) owns numerous subsidiaries whose primary operations include mortgage and real estate fee-based business activities.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. With a market cap of $32.1 million and a stock price of $1.44, Atlantic American Corp. could be a valuable penny stock to buy due to its strong gains in recent history. The penny stock was formerly known as Maguire Properties Inc. Newcastle Investment Corp. ( NCT ) Based in New York City, Newcastle Investment Corp. (NYSE: NCT ) is a real estate investment company.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. With a market cap of $32.1 million and a stock price of $1.44, Atlantic American Corp. could be a valuable penny stock to buy due to its strong gains in recent history. Dearborn has seen extraordinary gains since January, as the stock has jumped +201% during that time.
|
8801.0
|
2010-09-07 00:00:00 UTC
|
6 Financial Penny Stocks to Buy
|
AAME
|
https://www.nasdaq.com/articles/6-financial-penny-stocks-buy-2010-09-07-0
|
nan
|
nan
|
Penny stocks can be difficult investments for many retail investors, with shares trading for only a few cents always listed on the pink sheets and frequently involving high fees and high risk. But the next best thing is to go for low-priced investments that barely qualify for the major exchanges, skirting the $1 share price limit.
Right now, a number of decent small-cap financial companies are right on the line with shares at around a buck apiece. My Portfolio Grader analysis tool tells me that several of these financial stocks are seeing strong quantitative buying pressure, what I call "quant." That means buyers are dramatically outpacing sellers even in this volatile market - a great sign for these stocks.
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now:
Atlantic American Corp. ( AAME )
Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. Atlantic American's largest subsidiaries are the American Safety Insurance Company, American Southern Insurance Company and Bankers Fidelity Life Insurance Company. Year-to-date, this penny stock has climbed +12.5% and has jumped an impressive +77.8% over the past 12 months. With a market cap of $32.1 million and a stock price of $1.44, Atlantic American Corp. could be a valuable penny stock to buy due to its strong gains in recent history.
Dearborn Bancorp Inc. ( DEAR )
Headquartered in Michigan, Dearborn Bancorp Inc (NASDAQ: DEAR ) is the holding company for Fidelity Bank. The bank offers a slew of financial services including checking accounts, savings accounts and money market accounts, just to name a few. Dearborn has seen extraordinary gains since January, as the stock has jumped +201% during that time. The penny stock has far outpaced the broader markets which have remained close to even during the same time frame.
Quest Capital Corp. (QCC)
Quest Capital Corp. (AMEX: QCC ) is a real estate mortgage financing company whose borrowers include owners of multi-unit residential buildings, commercial properties and land. Quest generates its revenue off of the interest it collects from its various loans. Since January, Quest's stock has risen an impressive +45.5% and a total of +68% since last September. Additionally, this penny stock posted a net profit margin of +10.8% in its last earnings report. The stock is currently trading at $1.65 per share.
MPG Office Trust Inc. ( MPG )
MPG Office Trust Inc. (NYSE: MPG ) is another financial penny stock that has found recent success. Over the last nine months, MPG's stock has shot up +60.3%, and it has risen an incredible +122% over the last 52 weeks. In its latest income statement, MPG reported quarterly revenue growth of +3.8% year-over-year. MPG is a full service real estate company with resources in property management, marketing, leasing, acquisitions, development and financing. The penny stock was formerly known as Maguire Properties Inc.
Newcastle Investment Corp. ( NCT )
Based in New York City, Newcastle Investment Corp. (NYSE: NCT ) is a real estate investment company. This penny stock invests in real estate securities and loans, while also managing a portfolio of real estate investments. Shareholders have been pleased so far in 2010, as Newcastle's stock has climbed +24.4% since January. Over the past 12 months, the stock has jumped +72.2% and it recently posted a second quarter net profit margin of +161%. Finally, the fact that it has outperformed earnings estimates for four consecutive quarters makes this penny stock a strong buying opportunity.
IMPAC Mortgage Holdings Inc. ( IMH )
IMPAC Mortgage Holdings Inc. (NYSE: IMH ) owns numerous subsidiaries whose primary operations include mortgage and real estate fee-based business activities. Year-to-date, IMPAC has dropped -12%. Despite the drop in stock price, the penny stock reported a net profit margin of +1% and a return on average equity of +42.5% in its last income statement. A profit margin of +27.2% also has company officials pleased.
As of this writing, Louis Navellier did not own a position in any of the stocks named here.
5 Small Caps with 10-Bagger Potential.Small, innovative companies are watching their earnings explode - and they are the next ten-baggers. Investing pro Louis Navellier reveals his secrets to identifying these small cap innovators, plus five of his favorite small cap stocks - download your FREE profit guide here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. My Portfolio Grader analysis tool tells me that several of these financial stocks are seeing strong quantitative buying pressure, what I call "quant." MPG is a full service real estate company with resources in property management, marketing, leasing, acquisitions, development and financing.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. MPG Office Trust Inc. ( MPG ) MPG Office Trust Inc. (NYSE: MPG ) is another financial penny stock that has found recent success. IMPAC Mortgage Holdings Inc. ( IMH ) IMPAC Mortgage Holdings Inc. (NYSE: IMH ) owns numerous subsidiaries whose primary operations include mortgage and real estate fee-based business activities.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. With a market cap of $32.1 million and a stock price of $1.44, Atlantic American Corp. could be a valuable penny stock to buy due to its strong gains in recent history. The penny stock was formerly known as Maguire Properties Inc. Newcastle Investment Corp. ( NCT ) Based in New York City, Newcastle Investment Corp. (NYSE: NCT ) is a real estate investment company.
|
To help you get into these penny stock picks before they take off, here's my list of six cheap financial investments to buy now: Atlantic American Corp. ( AAME ) Holding company Atlantic American Corp (NASDAQ: AAME ) operates through its subsidiaries within life, health, property and casualty insurance industries. With a market cap of $32.1 million and a stock price of $1.44, Atlantic American Corp. could be a valuable penny stock to buy due to its strong gains in recent history. Dearborn has seen extraordinary gains since January, as the stock has jumped +201% during that time.
|
8802.0
|
2023-12-11 00:00:00 UTC
|
The Aaron's Company, Inc. (AAN) Is a Trending Stock: Facts to Know Before Betting on It
|
AAN
|
https://www.nasdaq.com/articles/the-aarons-company-inc.-aan-is-a-trending-stock%3A-facts-to-know-before-betting-on-it-1
|
nan
|
nan
|
Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this specialty retail have returned +23.6% over the past month versus the Zacks S&P 500 composite's +5.4% change. The Zacks Consumer Services - Miscellaneous industry, to which Aaron's belongs, has gained 5.4% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate Revisions
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Aaron's is expected to post earnings of $0.03 per share for the current quarter, representing a year-over-year change of -66.7%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
For the current fiscal year, the consensus earnings estimate of $1.09 points to a change of -47.3% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $0.99 indicates a change of -9.3% from what Aaron's is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Aaron's is rated Zacks Rank #5 (Strong Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth Forecast
Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
For Aaron's, the consensus sales estimate for the current quarter of $542.88 million indicates a year-over-year change of -7.9%. For the current and next fiscal years, $2.15 billion and $2.2 billion estimates indicate -4.3% and +2.1% changes, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $525.68 million in the last reported quarter, representing a year-over-year change of -11.4%. EPS of $0.01 for the same period compares with $0.31 a year ago.
Compared to the Zacks Consensus Estimate of $537.29 million, the reported revenues represent a surprise of -2.16%. The EPS surprise was -83.33%.
Over the last four quarters, Aaron's surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
Valuation
Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
The only question is “Will you get into the right stocks early when their growth potential is greatest?”
Zacks has released a Special Report to help you do just that, and today it’s free. Discover 5 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.
Download FREE: How To Profit From Trillions On Spending For Infrastructure >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account.
|
Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Last Reported Results and Surprise History Aaron's reported revenues of $525.68 million in the last reported quarter, representing a year-over-year change of -11.4%.
|
Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions.
|
Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. When earnings estimates for a company go up, the fair value for its stock goes up as well.
|
8803.0
|
2023-11-29 00:00:00 UTC
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Investors Heavily Search The Aaron's Company, Inc. (AAN): Here is What You Need to Know
|
AAN
|
https://www.nasdaq.com/articles/investors-heavily-search-the-aarons-company-inc.-aan%3A-here-is-what-you-need-to-know-1
|
nan
|
nan
|
Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this specialty retail have returned +21.3% over the past month versus the Zacks S&P 500 composite's +10.8% change. The Zacks Consumer Services - Miscellaneous industry, to which Aaron's belongs, has gained 9.1% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Aaron's is expected to post earnings of $0.03 per share for the current quarter, representing a year-over-year change of -66.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -32%.
For the current fiscal year, the consensus earnings estimate of $1.09 points to a change of -47.3% from the prior year. Over the last 30 days, this estimate has changed +1%.
For the next fiscal year, the consensus earnings estimate of $0.99 indicates a change of -9.3% from what Aaron's is expected to report a year ago. Over the past month, the estimate has changed -9.8%.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Aaron's is rated Zacks Rank #5 (Strong Sell).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth Forecast
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Aaron's, the consensus sales estimate for the current quarter of $542.88 million indicates a year-over-year change of -7.9%. For the current and next fiscal years, $2.15 billion and $2.2 billion estimates indicate -4.3% and +2.1% changes, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $525.68 million in the last reported quarter, representing a year-over-year change of -11.4%. EPS of $0.01 for the same period compares with $0.31 a year ago.
Compared to the Zacks Consensus Estimate of $537.29 million, the reported revenues represent a surprise of -2.16%. The EPS surprise was -83.33%.
Over the last four quarters, Aaron's surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
Valuation
No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Conclusion
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows.
It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account.
|
Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues.
|
Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions.
|
Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. When earnings estimates for a company go up, the fair value for its stock goes up as well.
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8804.0
|
2023-11-24 00:00:00 UTC
|
Why Is Cimpress (CMPR) Up 16.9% Since Last Earnings Report?
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AAN
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https://www.nasdaq.com/articles/why-is-cimpress-cmpr-up-16.9-since-last-earnings-report
|
nan
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nan
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It has been about a month since the last earnings report for Cimpress (CMPR). Shares have added about 16.9% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Cimpress due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Cimpress Q1 Earnings Beat Estimates, Revenues Rise Y/Y
Cimpress reported first-quarter fiscal 2024 (ended Sep 30, 2023) adjusted earnings of 17 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 34 cents per share. Cimpress incurred a loss of 97 cents per share in the year-ago quarter.
Top-Line Details
Total revenues in the fiscal first quarter were $757.3 million, reflecting an increase of 7.7% from $703.4 million in the year-ago quarter. The organic constant-currency revenue growth was also 4%, driven by growth across most of its businesses. The top line missed the Zack Consensus Estimate of $771 million.
Segmental Information
The National Pen segment generated revenues of $87.3 million, up from $81.7 million in the prior-year quarter. Our estimate for the quarter was $91.2 million. Vista — the largest revenue-generating segment — reported aggregate revenues of $396.6 million, in line with the year-ago quarter.
The Upload and Print segment’s revenues increased to $232.7 million from $209.5 million in the year-ago quarter. The segment consists of two subgroups, namely PrintBrothers and The Print Group. In the fiscal first quarter, PrintBrothers’ revenues increased to $152.2 million from $132.7 million reported in the year-ago period.
In the fiscal first quarter, the Print Group generated revenues of $80.5 million, up from $76.8 million reported in the year-ago quarter. Our estimate for the quarter was $86.9 million. Revenues from All Other Businesses increased to $51.8 million, in line with the year-ago quarter.
Margin Details
In the fiscal quarter, Cimpress' cost of revenues was $398.8 million, up 5.6% on a year-over-year basis. Marketing and selling expenses totaled $192.2 million, down 4.4% year over year. Total general & administrative expenses were $48.3 million, down from $54.1 million reported in the year-ago fiscal quarter.
Gross profit increased 10.1% year over year to $359 million. The margin was 47.3%, up 100 basis points. Net interest expenses rose 17.7% to $29.2 million.
Balance Sheet and Cash Flow
As of Sep 30, 2023, Cimpress had $125.2 million of cash and cash equivalents compared with $130.3 million at the end of the fourth quarter of fiscal 2023. Also, CMPR’s total debt (net of issuance costs) was $1,473 million in the first three months of the year.
In the same time period, net cash provided by operating activities was $42.3 million against $25.3 million cash spent in the year-ago period.
Outlook
For fiscal 2024, the company expects consolidated reported revenue growth (assuming recent currency rates) to be at least 8% and organic constant-currency revenue growth to be at least 6%.
CMPR predicts operating income to be at least $206.2 million for the fiscal year and adjusted EBITDA to be at least $425 million. The company also expects the conversion of adjusted EBITDA to adjusted free cash flow to be approximately 40% for fiscal 2024.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
The consensus estimate has shifted -10% due to these changes.
VGM Scores
Currently, Cimpress has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of B on the value side, putting it in the second quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Cimpress has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Cimpress belongs to the Zacks Consumer Services - Miscellaneous industry. Another stock from the same industry, Aaron's Company, Inc. (AAN), has gained 20.3% over the past month. More than a month has passed since the company reported results for the quarter ended September 2023.
Aaron's reported revenues of $525.68 million in the last reported quarter, representing a year-over-year change of -11.4%. EPS of $0.01 for the same period compares with $0.31 a year ago.
Aaron's is expected to post earnings of $0.03 per share for the current quarter, representing a year-over-year change of -66.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -58.5%.
Aaron's has a Zacks Rank #5 (Strong Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.
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Cimpress plc (CMPR) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Another stock from the same industry, Aaron's Company, Inc. (AAN), has gained 20.3% over the past month. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
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Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Another stock from the same industry, Aaron's Company, Inc. (AAN), has gained 20.3% over the past month. Cimpress Q1 Earnings Beat Estimates, Revenues Rise Y/Y Cimpress reported first-quarter fiscal 2024 (ended Sep 30, 2023) adjusted earnings of 17 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 34 cents per share.
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Another stock from the same industry, Aaron's Company, Inc. (AAN), has gained 20.3% over the past month. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Cimpress Q1 Earnings Beat Estimates, Revenues Rise Y/Y Cimpress reported first-quarter fiscal 2024 (ended Sep 30, 2023) adjusted earnings of 17 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 34 cents per share.
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Another stock from the same industry, Aaron's Company, Inc. (AAN), has gained 20.3% over the past month. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Cimpress Q1 Earnings Beat Estimates, Revenues Rise Y/Y Cimpress reported first-quarter fiscal 2024 (ended Sep 30, 2023) adjusted earnings of 17 cents per share, which surpassed the Zacks Consensus Estimate of a loss of 34 cents per share.
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8805.0
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2023-11-23 00:00:00 UTC
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Aaron's (AAN) On Track With GenNext Plan, Opens Two Stores
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https://www.nasdaq.com/articles/aarons-aan-on-track-with-gennext-plan-opens-two-stores
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The Aaron's Company, Inc. AAN announced the opening of two GenNext stores in Live Oak, FL and Rockford, IL. The new Aaron's stores mark the company’s latest expansion of its GenNext store initiative, which aims at transforming the in-store customer experience.
The GenNext program has been receiving positive feedback from customers. As part of this, the company has been remodeling existing stores into the updated format, as well as opening stores in new locations. Since its launch in 2018, Aaron's has converted or opened 38 GenNext stores, bringing the total to 249.
Notably, the new store at Live Oak will remain open from Monday to Friday from 11:00 a.m. to 6:00 p.m. and Saturday from 10:00 a.m. to 5:00 p.m. Meanwhile, the other store at Rockford is likely to open from Monday to Saturday from 10:00 a.m. to 8:00 p.m.
These stores come with features like larger showrooms, better store layouts, updated signage, expanded product assortment, and enhanced technology-enabled shopping and checkout.
However, the company has been reeling under continued sluggish demand for discretionary products that led to an 11.4% year-over-year revenue decline in third-quarter 2023. Also, weak lease revenues and fees, and drab retail sales at the Aaron's and BrandsMart businesses acted as deterrents.
AAN expects ongoing demand trends to persist in fourth-quarter 2023 and 2024. Consequently, management anticipates 2023 revenues of $2.12-$2.17 billion versus the $2.12-$2.22 billion stated earlier.
Image Source: Zacks Investment Research
We note that shares of this Zacks Rank #5 (Strong Sell) company have plunged 25.2% in the year-to-date period against the industry’s growth of 6.5%.
Stocks to Consider
Some better-ranked companies are MGM Resorts MGM, Guess GES and lululemon athletica LULU.
Guess currently sports a Zacks Rank of 1 (Strong Buy). GES has a trailing four-quarter earnings surprise of 43.4%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for GES’ fiscal 2023 sales and EPS implies improvements of 3.4% and 9.9%, respectively, from the year-ago period’s reported levels.
MGM Resorts currently has a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 81%, on average.
The Zacks Consensus Estimate for MGM’s 2024 sales and EPS indicates year-over-year increases of 2.2% and 31%, respectively.
lululemon athletica, a yoga-inspired athletic apparel company, carries a Zacks Rank of 2 at present. LULU has a trailing four-quarter earnings surprise of 9.9%, on average.
The Zacks Consensus Estimate for lululemon athletica’s current financial-year sales and EPS suggests growth of 17% and 18.4%, respectively, from the year-ago reported figures.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
MGM Resorts International (MGM) : Free Stock Analysis Report
Guess?, Inc. (GES) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN announced the opening of two GenNext stores in Live Oak, FL and Rockford, IL. AAN expects ongoing demand trends to persist in fourth-quarter 2023 and 2024. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report To read this article on Zacks.com click here.
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The Aaron's Company, Inc. AAN announced the opening of two GenNext stores in Live Oak, FL and Rockford, IL. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report To read this article on Zacks.com click here. AAN expects ongoing demand trends to persist in fourth-quarter 2023 and 2024.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN announced the opening of two GenNext stores in Live Oak, FL and Rockford, IL. AAN expects ongoing demand trends to persist in fourth-quarter 2023 and 2024.
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The Aaron's Company, Inc. AAN announced the opening of two GenNext stores in Live Oak, FL and Rockford, IL. AAN expects ongoing demand trends to persist in fourth-quarter 2023 and 2024. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8806.0
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2023-11-22 00:00:00 UTC
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Aaron's (AAN) Up 26.3% Since Last Earnings Report: Can It Continue?
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AAN
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https://www.nasdaq.com/articles/aarons-aan-up-26.3-since-last-earnings-report%3A-can-it-continue
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). Shares have added about 26.3% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Aaron's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers.
Aaron's Q3 Earnings & Sales Misses Estimates, Lowers View
Aaron's posted dismal third-quarter 2023 results, wherein the bottom and top lines missed the Zacks Consensus Estimate and declined on a year-over-year basis.
Aaron's delivered adjusted earnings of a penny per share, missing the Zacks Consensus Estimate of 6 cents. However, the bottom line plunged 97% year over year from the 31 cents per share reported in the prior-year quarter. On a GAAP basis,
AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter.
Quarter in Detail
Consolidated revenues declined 11.4% to $530.4 million, owing to weak lease revenues and fees, and drab retail sales at the Aaron's and BrandsMart businesses. The figure lagged the Zacks Consensus Estimate of $537 million.
Breaking up the components of consolidated revenues, we note that lease revenues and fees dropped 8.4% year over year to $340.8 million and retail sales decreased to $155.7 million from $188.7 million.
Non-retail sales, which mainly include merchandise sales to franchisees, declined 11.2% year over year to $23.6 million, while franchise royalties and other revenues in the quarter decreased 6.1% to $5.6 million from the year-ago quarter.
In the Aaron’s business segment, revenues declined 8.9% year over year to $376.2 million due to lower lease portfolio size, coupled with fewer exercises of early purchase options and weak retail sales. In the quarter, we had expected sales of $369.2 million from Aaron’s business segment. E-commerce revenues rose 1.3% year over year and represented 18.5% of lease revenues.
For the BrandsMart segment, revenues decreased 17% to $152.4 million in the third quarter of 2023. Our estimate for sales from the BrandsMart segment was $162.3 million in the quarter. Its e-commerce product sales were 8.9% of the total product sales.
Margins
Aaron’s gross profit declined 8.7% to $271.9 million and the gross margin expanded 520 basis points (bps) to 53.2%. The operating loss was $3.5 million compared with the prior-year quarter’s operating loss of $17.1 million.
Adjusted EBITDA declined 34% year over year to $25.3 million due to lower lease revenues and fees at the Aaron's business, and weak retail sales at BrandsMart, partly offset by reduced personnel costs and lower write-offs at the Aaron's business. The adjusted EBITDA margin contracted 160 bps to 4.8% compared with our estimate of 5.1%.
Financial Position
Aaron’s ended the quarter with cash and cash equivalents of $39.3 million, a debt of $187.5 million, and shareholders’ equity of $700.7 million. In the quarter, the company provided $34.7 million in cash from operating activities.
At the end of the third quarter, the company generated an adjusted free cash flow of $7.8 million. Capital expenditure was $27.4 million in the reported quarter.
For 2023, capital expenditure is expected to be $87.5-$90 compared with the $85-$100 million guided earlier. For 2023, AAN expects an adjusted free cash flow of $75-$80 million, lower than its earlier projection of $85-$95 million.
The company declared dividends worth $3.8 million in the quarter under review.
Outlook
For 2023, the company anticipates revenues of $2.12-$2.17 billion versus the $2.12-$2.22 billion predicted earlier. Adjusted EBITDA (excluding stock-based compensation) is projected to be $140-$150 million compared with the prior mentioned $140-$160. It envisions adjusted earnings per share (EPS) of $1.00-$1.20 for the full year, down from the $1.00-$1.40 communicated previously. Earnings per share are expected to be 35-50 cents compared with the earlier forecast of 55-80 cents.
For the Aaron’s business, revenues are expected to be $1.50-$1.54 billion compared with the prior stated $1.50-$1.57. Adjusted EBITDA is likely to be $170-$177.5 million compared with the earlier mentioned $170-$185 million.
For BrandsMart, revenues are anticipated to be $615-$630 million, lower than the $615-$645 million stated previously. Adjusted EBITDA is forecast at $12.5-$15 million compared with the $12.5-$17.5 million communicated previously.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in estimates revision.
The consensus estimate has shifted -76.39% due to these changes.
VGM Scores
At this time, Aaron's has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Aaron's has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.
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See This Stock Now for Free >>
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter. For 2023, AAN expects an adjusted free cash flow of $75-$80 million, lower than its earlier projection of $85-$95 million.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter. For 2023, AAN expects an adjusted free cash flow of $75-$80 million, lower than its earlier projection of $85-$95 million.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter. For 2023, AAN expects an adjusted free cash flow of $75-$80 million, lower than its earlier projection of $85-$95 million.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). For 2023, AAN expects an adjusted free cash flow of $75-$80 million, lower than its earlier projection of $85-$95 million. On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter.
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8807.0
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2023-11-17 00:00:00 UTC
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Vertiv and Aaron's have been highlighted as Zacks Bull and Bear of the Day
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https://www.nasdaq.com/articles/vertiv-and-aarons-have-been-highlighted-as-zacks-bull-and-bear-of-the-day
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For Immediate Release
Chicago, IL – November 17, 2023 – Zacks Equity Research shares Vertiv Holdings Co. VRT as the Bull of the Day and The Aaron's Company, Inc. AAN as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Urban Outfitters, Inc. URBN, Build-A-Bear Workshop BBW and Costco COST.
Here is a synopsis of all five stocks.
Bull of the Day:
Vertiv Holdings Co. is a digital infrastructure and continuity solutions provider that crushed our bottom-line estimates and boosted its guidance during the first three quarters of 2023, including a big beat-and-raise Q3 near the end of October.
Vertiv stock has skyrocketed to new highs over the last 12 months, topping Meta’s run and nearly matching Nvidia. Yet VRT trades at a solid discount to the wider Zacks Tech sector and its own highs. Wall Street also loves that Vertiv is benefitting from the broader AI investment cycle as companies big and small race to increase their computing capacity.
Behind-the-Scenes Tech Essentials
Vertiv’s various products, services, and solutions are designed to help keep its customers’ vital applications running "continuously, perform optimally, and grow with their business needs." The Ohio-based company’s portfolio of power, cooling, and IT infrastructure solutions and services operates across data centers, communication networks, commercial and industrial facilities, and beyond.
Vertiv’s product categories include critical power, thermal management, racks & enclosures, and monitoring & management, while its services range from DC power and electrical reliability to safety and compliance and much more. The company and its other solutions serve small and medium-sized businesses as well as enterprises across healthcare, retail, telecom, education, and various other parts of the economy.
Simply put, if investors think about data centers, communication networks, and other critical technology as highly complex systems, Vertiv's role is to provide the behind-the-scenes tech that keeps everything working properly and running smoothly.
Growth and Outlook
Vertiv went public via a SPAC in late 2019, posting 14% revenue growth during its first two full years as a public firm. VRT grew its Q3 FY23 revenue by 18% and it closed the period with a record-high $5 billion backlog.
The company’s adjusted operating margins climbed from 9.1% in the year-ago period to 17% in Q3, driven by "benefits from pricing, volume and productivity partially offset by net inflation and growth investments in R&D and capacity." Vertiv posted an impressive beat and raise period on October 25, boosting its guidance for all of its key financial metrics because its "end markets remain healthy and momentum continues."
Wall Street is gravitating to all things AI, and Vertiv is poised to benefit from the ongoing investment and a possible artificial intelligence supercycle. "We are still in the early stages, but the industry is gearing up to deploy the data center infrastructure needed to meet the compute capacity that AI is demanding," CEO Giordano Albertazzi said in prepared remarks.
Zacks estimates call for VRT’s revenue to climb 20% this year and 9% higher in 2024 to hit $7.47 billion. Better yet, its adjusted earnings are projected to soar by 225% and 28%, respectively, from $0.53 a share last year to $2.20 in FY24.
Vertiv’s FY23, FY24, and FY25 EPS estimates have surged to help it land a Zacks Rank #1 (Strong Buy) right now. VRT’s FY23 consensus has climbed 68% over the last year from $1.02 a share to the current consensus of $1.72, with its FY24 outlook 80% higher during this stretch.
Performance, Technical Levels & Valuation
Vertiv shares have skyrocketed a whopping 205% during the past 12 months to top Meta’s (META) 198% and nearly match Nvidia’s (NVDA) 213% climb. VRT has climbed by 131% over the last three years vs. the Zacks Tech sector’s 24% and its industry’s -1% decline.
VRT touched new all-time highs on November 15 and it still trades below its average Zacks price target. Vertiv currently trades solidly above its 50-day moving average and it has fallen from way above overbought RSI levels to closer to neutral over the last several months.
Despite its outperformance, Vertiv trades at a 36% discount to its industry and roughly 15% below the Zacks Tech sector at 20.4X forward 12-month earnings. This also represents 18% value vs. its own highs.
Bottom Line
Vertiv operates in a somewhat unglamorous area of tech that is of vital and constant importance, which turns out to be a striking combination. Wall Street is very high on the stock, with nine of the 10 brokerage recommendations Zacks has for Vertiv coming in at “Strong Buys.”
Bear of the Day:
The Aaron's Company, Inc. operates a rent-to-own business under multiple brands focused on furniture, appliances, electronics, and beyond.
Aaron’s earnings revisions started falling off a cliff during the summer of 2022 as higher rates and inflation began to eat into broader discretionary spending. On top of that, consumers simply pulled back from spending on big-ticket items after the massive Covid-era splurge on TVs and more.
AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
The Basics
Aaron's, in its own words, is a “technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods.” The Atlanta-based firm operates under its namesake brands, as well as BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven.
Aaron’s posted solid growth in 2021 and 22% top-line expansion in 2022. But Aaron’s earnings outlook started falling rather quickly in the middle of last year amid higher rates and inflation. Plus, many U.S. consumers already bought all of the TVs and furniture that they needed for the foreseeable future during the massive Covid-era shopping spree.
Aaron’s is suffering a similar fate as Target and other discretionary-focused retailers. In contrast, Walmart had thrived in 2023 due to the more essential nature of its offerings.
Aaron’s posted adjusted earnings of $0.01 per share in Q3 vs. our $0.06 Zacks Consensus estimate. The company’s fiscal 2023 earnings estimate is now down 37% over the last year from $1.59 a share to its current $1.09 a share. Worst still, AAN’s FY24 EPS consensus has fallen by 46% over the last 12 months.
Bottom Line
AAN stock has fallen by -66% during the last two years vs. Target’s -49% decline and Walmart’s 10% gain. This downturn includes a 30% tumble over the trailing three months, compared to Target and Walmart’s sideways movement.
Aaron’s overall downward earnings revisions help it land a Zacks Rank #5 (Strong Sell) right now. Current Zacks estimates call for its FY23 earnings to fall 47% YoY and then slip another 9% next year.
Investors might want to stay away from Aaron’s stock for the moment, especially as Wall Street grows a bit more worried about slowing consumer spending.
Additional content:
What to Expect from Urban Outfitters' (URBN) Earnings
Urban Outfitters, Inc. is likely to report top and bottom-line numbers when it releases third-quarter fiscal 2024 results on Nov 21, after market close. The top-line estimate for the quarter is currently $1,261 million, indicating a 7.3% rise from the prior-year period’s level.
The Zacks Consensus Estimate for earnings is pinned at 81 cents per share, indicating growth of more than 100% from earnings of 40 cents a share recorded in the prior-year period. The consensus mark has increased a penny over the past seven days.
The company delivered an average earnings surprise of 19.2% in the trailing four quarters.
Factors to Note
Urban Outfitters’ fiscal third-quarter performance is likely to have benefited from its strategic efforts, including technological advancements, store rationalization and merchandising initiatives. The company has been strengthening its direct-to-consumer business, enhancing productivity in the existing channels, expanding product assortment and optimizing inventory level. URBN has also been strengthening its presence with the rapid expansion of digital activities. Its FP Movement initiative to boost growth at the Free People brand is also promising. The company’s Nuuly, the subscription-based rental service, has also been contributing.
All these factors are expected to have favored Urban Outfitters’ to-be-reported quarterly results. On its lastearnings call management cited that it is impressed with the sturdy overall consumer demand at the start of the fiscal third quarter and projected total company sales to grow in the high-single digits. This growth will be backed by a mid-single-digit increase in the Retail segment comp sales and a high double-digit rise in the Nuuly segment’s sales. It anticipates the gross margin for the quarter to improve more than 400 basis points year over year backed by increased initial product margins from reduced inbound freight costs and merchandise markdowns. We foresee an increase of 410 basis points in the adjusted gross margin and an expansion of 280 basis points in the operating margin.
The company further highlighted that the Free People Group's Retail segment performance will be positive in the impending quarter. It expects the Anthropologie brand to deliver strong comps in the third quarter. Management has forecast the Free People brand’s Retail segment performance to be positive for the fiscal third quarter. Our model suggests a net sales increase of 10.1% and 18.8% in the Anthropologie Group and Free People brands, respectively, for the third quarter.
On the flip side, a tough operating backdrop, including inflationary pressures and currency headwinds, is likely to have acted as a deterrent. Urban Outfitters has also been grappling with higher selling, general & administrative (SG&A) expenses and lower sales across its wholesale unit for a while now. We note that the company’s overall sales in the fiscal third quarter are likely to be partly offset by a decline in sales at the Wholesale unit. We expect the wholesale segment to witness a fall of 2.5% year over year in the quarter under review. We anticipate SG&A costs to rise 12.9% and as a rate of sales, the metric will increase 140 basis points during the quarter under discussion.
What the Zacks Model Unveils
Our proven model doesn’t conclusively predict an earnings beat for Urban Outfitters this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here, as you can see below. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.
Urban Outfitters, Inc. price-eps-surprise | Urban Outfitters, Inc. Quote
Urban Outfitters currently has an Earnings ESP of -1.69% and a Zacks Rank of 3.
Stocks Poised to Beat Earnings Estimates
Here are a few companies, which according to our model, have the right combination of elements to come up with an earnings beat this reporting cycle:
Build-A-Bear Workshop currently has an Earnings ESP of +0.66% and a Zacks Rank of 2. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for third-quarter fiscal 2023 earnings per share is pegged at 51 cents, flat year over year.
Build-A-Bear Workshop’s top line is expected to increase year over year. The consensus estimate for quarterly revenues is pegged at $107.6 million, which indicates an increase of 3% from the figure reported in the prior-year quarter. BBW has a trailing four-quarter earnings surprise of 21.6%, on average.
Costco currently has an Earnings ESP of +4.26% and a Zacks Rank of 2. COST is likely to register a bottom-line increase when it reports first-quarter fiscal 2024 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $3.43 suggests an increase of 10.7% from the year-ago fiscal quarter’s reported number.
Costco’s top line is expected to improve from the prior-year fiscal quarter’s reported number. The consensus estimate for quarterly revenues is pegged at $57.7 billion, suggesting growth of 6% from the prior-year fiscal quarter’s reported figure. COST has a trailing four-quarter earnings surprise of 2.1%, on average.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index.Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Costco Wholesale Corporation (COST) : Free Stock Analysis Report
Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report
Build-A-Bear Workshop, Inc. (BBW) : Free Stock Analysis Report
Vertiv Holdings Co. (VRT) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For Immediate Release Chicago, IL – November 17, 2023 – Zacks Equity Research shares Vertiv Holdings Co. VRT as the Bull of the Day and The Aaron's Company, Inc. AAN as the Bear of the Day. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again. Worst still, AAN’s FY24 EPS consensus has fallen by 46% over the last 12 months.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Build-A-Bear Workshop, Inc. (BBW) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – November 17, 2023 – Zacks Equity Research shares Vertiv Holdings Co. VRT as the Bull of the Day and The Aaron's Company, Inc. AAN as the Bear of the Day. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report Build-A-Bear Workshop, Inc. (BBW) : Free Stock Analysis Report Vertiv Holdings Co. (VRT) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – November 17, 2023 – Zacks Equity Research shares Vertiv Holdings Co. VRT as the Bull of the Day and The Aaron's Company, Inc. AAN as the Bear of the Day. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
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Bottom Line AAN stock has fallen by -66% during the last two years vs. Target’s -49% decline and Walmart’s 10% gain. For Immediate Release Chicago, IL – November 17, 2023 – Zacks Equity Research shares Vertiv Holdings Co. VRT as the Bull of the Day and The Aaron's Company, Inc. AAN as the Bear of the Day. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
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2023-11-17 00:00:00 UTC
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Bear of the Day: The Aaron's Company, Inc. (AAN)
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https://www.nasdaq.com/articles/bear-of-the-day%3A-the-aarons-company-inc.-aan
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The Aaron's Company, Inc. (AAN) operates a rent-to-own business under multiple brands focused on furniture, appliances, electronics, and beyond.
Aaron’s earnings revisions started falling off a cliff during the summer of 2022 as higher rates and inflation began to eat into broader discretionary spending. On top of that, consumers simply pulled back from spending on big-ticket items after the massive Covid-era splurge on TVs and more.
AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
The Basics
Aaron's, in its own words, is a “technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods.” The Atlanta-based firm operates under its namesake brands, as well as BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven.
Image Source: Zacks Investment Research
Aaron’s posted solid growth in 2021 and 22% top-line expansion in 2022. But Aaron’s earnings outlook started falling rather quickly in the middle of last year amid higher rates and inflation. Plus, many U.S. consumers already bought all of the TVs and furniture that they needed for the foreseeable future during the massive Covid-era shopping spree.
Aaron’s is suffering a similar fate as Target (TGT) and other discretionary-focused retailers. In contrast, Walmart (WMT) had thrived in 2023 due to the more essential nature of its offerings.
Image Source: Zacks Investment Research
Aaron’s posted adjusted earnings of $0.01 per share in Q3 vs. our $0.06 Zacks Consensus estimate. The company’s fiscal 2023 earnings estimate is now down 37% over the last year from $1.59 a share to its current $1.09 a share. Worst still, AAN’s FY24 EPS consensus has fallen by 46% over the last 12 months.
Bottom Line
AAN stock has fallen by -66% during the last two years vs. Target’s -49% decline and Walmart’s 10% gain. This downturn includes a 30% tumble over the trailing three months, compared to Target and Walmart’s sideways movement.
Aaron’s overall downward earnings revisions help it land a Zacks Rank #5 (Strong Sell) right now. Current Zacks estimates call for its FY23 earnings to fall 47% YoY and then slip another 9% next year.
Investors might want to stay away from Aaron’s stock for the moment, especially as Wall Street grows a bit more worried about slowing consumer spending.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Target Corporation (TGT) : Free Stock Analysis Report
Walmart Inc. (WMT) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. (AAN) operates a rent-to-own business under multiple brands focused on furniture, appliances, electronics, and beyond. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again. Worst still, AAN’s FY24 EPS consensus has fallen by 46% over the last 12 months.
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Click to get this free report Target Corporation (TGT) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. (AAN) operates a rent-to-own business under multiple brands focused on furniture, appliances, electronics, and beyond. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
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Click to get this free report Target Corporation (TGT) : Free Stock Analysis Report Walmart Inc. (WMT) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. (AAN) operates a rent-to-own business under multiple brands focused on furniture, appliances, electronics, and beyond. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
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Bottom Line AAN stock has fallen by -66% during the last two years vs. Target’s -49% decline and Walmart’s 10% gain. The Aaron's Company, Inc. (AAN) operates a rent-to-own business under multiple brands focused on furniture, appliances, electronics, and beyond. AAN posted a huge Q3 bottom line miss on October 23, with analysts lowering their earnings outlooks once again.
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2023-11-02 00:00:00 UTC
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The Aaron's Company, Inc. (AAN) is Attracting Investor Attention: Here is What You Should Know
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https://www.nasdaq.com/articles/the-aarons-company-inc.-aan-is-attracting-investor-attention%3A-here-is-what-you-should-0
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Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this specialty retail have returned -27.3% over the past month versus the Zacks S&P 500 composite's -1.1% change. The Zacks Consumer Services - Miscellaneous industry, to which Aaron's belongs, has lost 5% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
For the current quarter, Aaron's is expected to post earnings of $0.04 per share, indicating a change of -55.6% from the year-ago quarter. The Zacks Consensus Estimate has changed -65.3% over the last 30 days.
For the current fiscal year, the consensus earnings estimate of $1.12 points to a change of -45.9% from the prior year. Over the last 30 days, this estimate has changed -11.3%.
For the next fiscal year, the consensus earnings estimate of $1.10 indicates a change of -2.3% from what Aaron's is expected to report a year ago. Over the past month, the estimate has changed -21.9%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #5 (Strong Sell) for Aaron's.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Aaron's, the consensus sales estimate of $547.23 million for the current quarter points to a year-over-year change of -7.2%. The $2.15 billion and $2.2 billion estimates for the current and next fiscal years indicate changes of -4.3% and +2.4%, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $525.68 million in the last reported quarter, representing a year-over-year change of -11.4%. EPS of $0.01 for the same period compares with $0.31 a year ago.
Compared to the Zacks Consensus Estimate of $537.29 million, the reported revenues represent a surprise of -2.16%. The EPS surprise was -83.33%.
Over the last four quarters, Aaron's surpassed consensus EPS estimates three times. The company topped consensus revenue estimates two times over this period.
Valuation
Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
The Zacks Value Style Score (part of the Zacks Style Scores system), which pays close attention to both traditional and unconventional valuation metrics to grade stocks from A to F (an An is better than a B; a B is better than a C; and so on), is pretty helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #5 does suggest that it may underperform the broader market in the near term.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account.
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Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Projected Revenue Growth Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues.
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Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions.
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Aaron's Company, Inc. (AAN) has been one of the most searched-for stocks on Zacks.com lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else.
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2023-10-24 00:00:00 UTC
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Aaron's (AAN) Dips on Q3 Earnings & Sales Miss, Lowers View
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https://www.nasdaq.com/articles/aarons-aan-dips-on-q3-earnings-sales-miss-lowers-view
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Shares of The Aaron's Company, Inc. AAN fell nearly 9% after the trading session on Oct 23. This is mainly due to the dismal third-quarter 2023 results, wherein the bottom and top lines missed the Zacks Consensus Estimate and declined on a year-over-year basis.
Aaron's delivered adjusted earnings of a penny per share, missing the Zacks Consensus Estimate of 6 cents. However, the bottom line plunged 97% year over year from the 31 cents per share reported in the prior-year quarter. On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter.
Quarter in Detail
Consolidated revenues declined 11.4% to $530.4 million, owing to weak lease revenues and fees, and drab retail sales at the Aaron's and BrandsMart businesses. The figure lagged the Zacks Consensus Estimate of $537 million.
Breaking up the components of consolidated revenues, we note that lease revenues and fees dropped 8.4% year over year to $340.8 million and retail sales decreased to $155.7 million from $188.7 million. Non-retail sales, which mainly include merchandise sales to franchisees, declined 11.2% year over year to $23.6 million, while franchise royalties and other revenues in the quarter decreased 6.1% to $5.6 million from the year-ago quarter.
In the Aaron’s business segment, revenues declined 8.9% year over year to $376.2 million due to lower lease portfolio size, coupled with fewer exercises of early purchase options and weak retail sales. In the quarter, we had expected sales of $369.2 million from Aaron’s business segment. E-commerce revenues rose 1.3% year over year and represented 18.5% of lease revenues.
For the BrandsMart segment, revenues decreased 17% to $152.4 million in the third quarter of 2023. Our estimate for sales from the BrandsMart segment was $162.3 million in the quarter. Its e-commerce product sales were 8.9% of the total product sales.
The Aaron's Company, Inc. Price, Consensus and EPS Surprise
The Aaron's Company, Inc. price-consensus-eps-surprise-chart | The Aaron's Company, Inc. Quote
Margins
Aaron’s gross profit declined 8.7% to $271.9 million and the gross margin expanded 520 basis points (bps) to 53.2%. The operating loss was $3.5 million compared with the prior-year quarter’s operating loss of $17.1 million.
Adjusted EBITDA declined 34% year over year to $25.3 million due to lower lease revenues and fees at the Aaron's business, and weak retail sales at BrandsMart, partly offset by reduced personnel costs and lower write-offs at the Aaron's business. The adjusted EBITDA margin contracted 160 bps to 4.8% compared with our estimate of 5.1%.
Financial Position
Aaron’s ended the quarter with cash and cash equivalents of $39.3 million, a debt of $187.5 million, and shareholders’ equity of $700.7 million. In the quarter, the company provided $34.7 million in cash from operating activities.
At the end of the third quarter, the company generated an adjusted free cash flow of $7.8 million. Capital expenditure was $27.4 million in the reported quarter.
For 2023, capital expenditure is expected to be $87.5-$90 compared with the $85-$100 million guided earlier. For 2023, AAN expects an adjusted free cash flow of $75-$80 million, higher than its earlier projection of $85-$95 million.
This Zacks Rank #2 (Buy) company declared dividends worth $3.8 million in the quarter under review.
Outlook
For 2023, the company anticipates revenues of $2.12-$2.17 billion versus the $2.12-$2.22 billion predicted earlier. Adjusted EBITDA (excluding stock-based compensation) is projected to be $140-$150 million compared with the prior mentioned $140-$160. It envisions adjusted earnings per share (EPS) of $1.00-$1.20 for the full year, down from the $1.00-$1.40 communicated previously. Earnings per share are expected to be 35-50 cents compared with the earlier forecast of 55-80 cents.
For the Aaron’s business, revenues are expected to be $1.50-$1.54 billion compared with the prior stated $1.50-$1.57. Adjusted EBITDA is likely to be $170-$177.5 million compared with the earlier mentioned $170-$185 million.
For BrandsMart, revenues are anticipated to be $615-$630 million, lower than the $615-$645 million stated previously. Adjusted EBITDA is forecast at $12.5-$15 million compared with the $12.5-$17.5 million communicated previously.
Image Source: Zacks Investment Research
Consequently, shares of AAN have plunged 41.5% in the past three months against the industry’s 0.7% decline.
Stocks to Consider
Some better-ranked companies are MGM Resorts MGM, Guess GES and lululemon athletica LULU.
Guess currently sports a Zacks Rank of 1 (Strong Buy). GES has a trailing four-quarter earnings surprise of 43.4%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for GES’ fiscal 2023 sales and EPS implies improvements of 3.4% and 9.9%, respectively, from the year-ago period’s levels.
MGM Resorts currently sports a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 81%, on average.
The Zacks Consensus Estimate for MGM’s 2024 sales and EPS indicates year-over-year increases of 2.2% and 31%, respectively.
lululemon athletica, a yoga-inspired athletic apparel company, carries a Zacks Rank of 2, at present. LULU has a trailing four-quarter earnings surprise of 9.9%, on average.
The Zacks Consensus Estimate for lululemon athletica’s current financial-year sales and EPS suggests growth of 17% and 18.4%, respectively, from the year-ago corresponding figures.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows.
It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
MGM Resorts International (MGM) : Free Stock Analysis Report
Guess?, Inc. (GES) : Free Stock Analysis Report
lululemon athletica inc. (LULU) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of The Aaron's Company, Inc. AAN fell nearly 9% after the trading session on Oct 23. On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter. For 2023, AAN expects an adjusted free cash flow of $75-$80 million, higher than its earlier projection of $85-$95 million.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report To read this article on Zacks.com click here. Shares of The Aaron's Company, Inc. AAN fell nearly 9% after the trading session on Oct 23. On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report To read this article on Zacks.com click here. Shares of The Aaron's Company, Inc. AAN fell nearly 9% after the trading session on Oct 23. On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter.
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Shares of The Aaron's Company, Inc. AAN fell nearly 9% after the trading session on Oct 23. On a GAAP basis, AAN reported a loss of 13 cents per share versus a loss of 51 cents in the year-ago quarter. For 2023, AAN expects an adjusted free cash flow of $75-$80 million, higher than its earlier projection of $85-$95 million.
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2023-10-23 00:00:00 UTC
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Aaron's (AAN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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https://www.nasdaq.com/articles/aarons-aan-q3-earnings%3A-taking-a-look-at-key-metrics-versus-estimates
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For the quarter ended September 2023, Aaron's Company, Inc. (AAN) reported revenue of $525.68 million, down 11.4% over the same period last year. EPS came in at $0.01, compared to $0.31 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $537.29 million, representing a surprise of -2.16%. The company delivered an EPS surprise of -83.33%, with the consensus EPS estimate being $0.06.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Lease revenues and fees & retail sales: $340.81 million versus $350.09 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -39.2% change.
Revenues- Retail Sales: $155.68 million compared to the $157.70 million average estimate based on five analysts.
Revenues- Franchise royalties and other revenues: $5.62 million versus $5.86 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -6.1% change.
Revenues- Aaron's Business- Non-Retail Sales: $23.57 million versus the five-analyst average estimate of $23.66 million. The reported number represents a year-over-year change of -11.2%.
Revenues- Aaron's Business- Franchise royalties and fees: $5.44 million versus $5.55 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -6.2% change.
Revenues- Aaron's Business- Other: $0.17 million versus $0.19 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -2.3% change.
View all Key Company Metrics for Aaron's here>>>
Shares of Aaron's have returned -11.2% over the past month versus the Zacks S&P 500 composite's -4% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For the quarter ended September 2023, Aaron's Company, Inc. (AAN) reported revenue of $525.68 million, down 11.4% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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For the quarter ended September 2023, Aaron's Company, Inc. (AAN) reported revenue of $525.68 million, down 11.4% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Lease revenues and fees & retail sales: $340.81 million versus $350.09 million estimated by five analysts on average.
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For the quarter ended September 2023, Aaron's Company, Inc. (AAN) reported revenue of $525.68 million, down 11.4% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Lease revenues and fees & retail sales: $340.81 million versus $350.09 million estimated by five analysts on average.
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For the quarter ended September 2023, Aaron's Company, Inc. (AAN) reported revenue of $525.68 million, down 11.4% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The reported revenue compares to the Zacks Consensus Estimate of $537.29 million, representing a surprise of -2.16%.
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2023-10-23 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Q3 Earnings and Revenues Lag Estimates
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-q3-earnings-and-revenues-lag-estimates
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -83.33%. A quarter ago, it was expected that this specialty retail would post earnings of $0.18 per share when it actually produced earnings of $0.39, delivering a surprise of 116.67%.
Over the last four quarters, the company has surpassed consensus EPS estimates three times.
Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $525.68 million for the quarter ended September 2023, missing the Zacks Consensus Estimate by 2.16%. This compares to year-ago revenues of $593.38 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Aaron's shares have lost about 22.3% since the beginning of the year versus the S&P 500's gain of 10%.
What's Next for Aaron's?
While Aaron's has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Aaron's: favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.12 on $570.13 million in revenues for the coming quarter and $1.22 on $2.19 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Services - Miscellaneous is currently in the top 12% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Mister Car Wash (MCW), another stock in the same industry, has yet to report results for the quarter ended September 2023. The results are expected to be released on November 2.
This car wash operator is expected to post quarterly earnings of $0.07 per share in its upcoming report, which represents a year-over-year change of -22.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Mister Car Wash's revenues are expected to be $233.58 million, up 7.4% from the year-ago quarter.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $525.68 million for the quarter ended September 2023, missing the Zacks Consensus Estimate by 2.16%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $525.68 million for the quarter ended September 2023, missing the Zacks Consensus Estimate by 2.16%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.01 per share, missing the Zacks Consensus Estimate of $0.06 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
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2023-10-18 00:00:00 UTC
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Factors Likely to Decide Aaron's (AAN) Fate in Q3 Earnings
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https://www.nasdaq.com/articles/factors-likely-to-decide-aarons-aan-fate-in-q3-earnings-0
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The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2023 results on Oct 23. This lease-to-own provider is likely to witness declines in the top and the bottom lines when it reports third-quarter results.
The Zacks Consensus Estimate for third-quarter earnings is pegged at 6 cents per share, which indicates a sharp decline of 9.5% from the year-ago quarter’s reported figure. However, the consensus mark has been unchanged in the past 30 days. The consensus mark for revenues is pegged at $537.3 million, indicating a decline of 81% from the figure reported in the year-ago quarter.
We expect the company’s third-quarter total revenues to decrease 9.3% year over year to $538 million and the bottom line to decline 83% to 5 cents per share.
In the last reported quarter, the company posted a negative earnings surprise of 116.7%. It delivered an earnings beat of 224%, on average, in the trailing four quarters.
The Aaron's Company, Inc. Price and EPS Surprise
The Aaron's Company, Inc. price-eps-surprise | The Aaron's Company, Inc. Quote
Factors to Note
Aaron’s has been witnessing strength in its e-commerce platform, driven by increased website traffic and a higher conversion rate. Some other notable efforts are increased investments in digital marketing, improved shopping experience, same-day and next-day delivery facilities, personalization of products, and a broader assortment, including the latest product categories. Its express delivery program bodes well.
Moving on, the company’s latest acquisition of appliance and electronics retailer, BrandsMart, has strengthened Aaron’s market position and helped expand the customer base. The company remains on track with its GenNext strategy, driven by positive customer feedback since the launch of this initiative in 2018.
However, weak lease revenues and fees, and drab retail sales are likely to have dented the top-line performance in the quarter under review. The Aaron’s Business segment has been witnessing lesser lease portfolio size and lease renewal rate, coupled with fewer exercises of early purchase options and weak retail sales.
Also, high inflation and other challenging economic conditions continue to impact its customers. On its last reported quarter’searnings call management expected both segments to continue experiencing softness in customer demand in its core product categories, including appliances, furniture and electronics, in the second half of the year.
Zacks Model
Our proven model doesn’t conclusively predict an earnings beat for Aaron's this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Aaron's has a Zacks Rank #3 and an Earnings ESP of 0.00%.
Stocks Poised to Beat Earnings Estimates
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
Caesars Entertainment CZR currently has an Earnings ESP of +37.22% and a Zacks Rank #2. CZR is likely to register top and bottom-line growth when it reports third-quarter 2023. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.92 billion, suggesting 1% growth from the figure reported in the prior-year quarter.
You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Caesars Entertainment’s third-quarter earnings is pegged at 26 cents, suggesting 8.3% growth from the 24 cents reported in the year-ago quarter. The consensus mark has moved up by 2 cents in the past 30 days.
Marriott International MAR currently has an Earnings ESP of +1.59% and a Zacks Rank #3. MAR is likely to register top and bottom-line growth when it reports third-quarter 2023. The Zacks Consensus Estimate for its quarterly revenues is pegged at $5.91 billion, suggesting 11.2% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Marriott’s third-quarter earnings is pegged at $2.09, suggesting year-over-year growth of 23.8%. The consensus mark has moved up by a penny in the past 30 days.
Cinemark Holdings CNK currently has an Earnings ESP of +70.56% and a Zacks Rank #3. The company is likely to register top and bottom-line growth when it reports third-quarter 2023. The Zacks Consensus Estimate for its quarterly revenues is pegged at $798.6 million, suggesting 22.8% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Cinemark Holdings’ third-quarter earnings is pegged at 33 cents, suggesting 265% growth from that reported in the year-ago quarter. The consensus mark has moved up by a penny in the past 30 days.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Marriott International, Inc. (MAR) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report
Cinemark Holdings Inc (CNK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2023 results on Oct 23. Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report Cinemark Holdings Inc (CNK) : Free Stock Analysis Report To read this article on Zacks.com click here. Moving on, the company’s latest acquisition of appliance and electronics retailer, BrandsMart, has strengthened Aaron’s market position and helped expand the customer base.
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Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report Cinemark Holdings Inc (CNK) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2023 results on Oct 23. The Zacks Consensus Estimate for Caesars Entertainment’s third-quarter earnings is pegged at 26 cents, suggesting 8.3% growth from the 24 cents reported in the year-ago quarter.
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Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report Cinemark Holdings Inc (CNK) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2023 results on Oct 23. The Zacks Consensus Estimate for Caesars Entertainment’s third-quarter earnings is pegged at 26 cents, suggesting 8.3% growth from the 24 cents reported in the year-ago quarter.
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The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2023 results on Oct 23. Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Caesars Entertainment, Inc. (CZR) : Free Stock Analysis Report Cinemark Holdings Inc (CNK) : Free Stock Analysis Report To read this article on Zacks.com click here. The consensus mark for revenues is pegged at $537.3 million, indicating a decline of 81% from the figure reported in the year-ago quarter.
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8814.0
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2023-10-17 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Increases Despite Market Slip: Here's What You Need to Know
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-increases-despite-market-slip%3A-heres-what-you-need-to-know
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $10, marking a +1.11% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.01%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.25%.
Prior to today's trading, shares of the specialty retail had gained 2.81% over the past month. This has outpaced the Consumer Discretionary sector's loss of 4.88% and the S&P 500's loss of 1.6% in that time.
The investment community will be paying close attention to the earnings performance of Aaron's Company, Inc. in its upcoming release. The company is slated to reveal its earnings on October 23, 2023. The company is predicted to post an EPS of $0.06, indicating an 80.65% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $537.29 million, down 9.45% from the prior-year quarter.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.22 per share and revenue of $2.19 billion. These totals would mark changes of -41.06% and -2.55%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Aaron's Company, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Aaron's Company, Inc. presently features a Zacks Rank of #2 (Buy).
In terms of valuation, Aaron's Company, Inc. is currently trading at a Forward P/E ratio of 8.11. This represents a discount compared to its industry's average Forward P/E of 16.59.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 39, positioning it in the top 16% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $10, marking a +1.11% move from the previous day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.22 per share and revenue of $2.19 billion.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $10, marking a +1.11% move from the previous day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.22 per share and revenue of $2.19 billion.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. In the latest trading session, Aaron's Company, Inc. (AAN) closed at $10, marking a +1.11% move from the previous day. Currently, this industry holds a Zacks Industry Rank of 39, positioning it in the top 16% of all 250+ industries.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $10, marking a +1.11% move from the previous day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.22 per share and revenue of $2.19 billion.
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2023-10-11 00:00:00 UTC
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Jefferies Maintains Aarons Company Inc (AAN) Buy Recommendation
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https://www.nasdaq.com/articles/jefferies-maintains-aarons-company-inc-aan-buy-recommendation-0
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Fintel reports that on October 10, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation.
Analyst Price Forecast Suggests 48.71% Upside
As of October 5, 2023, the average one-year price target for Aarons Company Inc is 14.84. The forecasts range from a low of 9.39 to a high of $18.90. The average price target represents an increase of 48.71% from its latest reported closing price of 9.98.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aarons Company Inc is 2,386MM, an increase of 5.22%. The projected annual non-GAAP EPS is 1.70.
Aarons Company Inc Declares $0.12 Dividend
On August 16, 2023 the company declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Shareholders of record as of September 14, 2023 received the payment on October 4, 2023. Previously, the company paid $0.12 per share.
At the current share price of $9.98 / share, the stock's dividend yield is 5.01%.
Looking back five years and taking a sample every week, the average dividend yield has been 2.76%, the lowest has been 0.77%, and the highest has been 6.24%. The standard deviation of yields is 1.38 (n=139).
The current dividend yield is 1.62 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -8.59. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.17%.
What is the Fund Sentiment?
There are 419 funds or institutions reporting positions in Aarons Company Inc. This is a decrease of 11 owner(s) or 2.56% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 37.66%. Total shares owned by institutions increased in the last three months by 3.10% to 33,797K shares.
The put/call ratio of AAN is 1.05, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,179K shares representing 7.06% ownership of the company. In it's prior filing, the firm reported owning 2,312K shares, representing a decrease of 6.10%. The firm increased its portfolio allocation in AAN by 33.61% over the last quarter.
Palisade Capital Management holds 1,249K shares representing 4.05% ownership of the company. In it's prior filing, the firm reported owning 1,188K shares, representing an increase of 4.88%. The firm increased its portfolio allocation in AAN by 51.64% over the last quarter.
Lsv Asset Management holds 959K shares representing 3.11% ownership of the company. No change in the last quarter.
Charles Schwab Investment Management holds 862K shares representing 2.79% ownership of the company. In it's prior filing, the firm reported owning 786K shares, representing an increase of 8.82%. The firm increased its portfolio allocation in AAN by 56.08% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 853K shares representing 2.76% ownership of the company. No change in the last quarter.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
Click to Learn More
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on October 10, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 37.66%. The put/call ratio of AAN is 1.05, indicating a bearish outlook.
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Fintel reports that on October 10, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 37.66%. The put/call ratio of AAN is 1.05, indicating a bearish outlook.
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Fintel reports that on October 10, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 37.66%. The put/call ratio of AAN is 1.05, indicating a bearish outlook.
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Fintel reports that on October 10, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 37.66%. The put/call ratio of AAN is 1.05, indicating a bearish outlook.
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2023-10-05 00:00:00 UTC
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Will Aaron's (AAN) Gain From GenNext Stores, Digital Presence?
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https://www.nasdaq.com/articles/will-aarons-aan-gain-from-gennext-stores-digital-presence
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The Aaron’s Company, Inc. AAN has been focused on strengthening its digital presence and is on track with the GenNext strategy to bolster its performance. Acquisitions played important roles in aiding its growth. Moreover, the company maintained its commitment to strategic expansion and cost-efficiency efforts, mainly complemented by the generation of substantial free cash flow.
However, Aaron’s has been witnessing high inflation and other challenging economic conditions, which continue to impact its customers. Management expects to continue being affected by high inflation and other macroeconomic factors throughout 2023.
Given the mixed sentiments, shares of this Zacks Rank #3 (Hold) company have lost 2% in the past year compared with the industry’s decline of 4.1%.
Image Source: Zacks Investment Research
The GenNext Initiative
Aaron’s remains on track with its GenNext strategy, which focuses on a comprehensive overhaul of the traditional in-store experience. The GenNext program is multi-layered, involving the revitalization of existing stores and the strategic establishment of new retail havens.
The reimagined GenNext retail stores feature augmented showrooms and ingeniously re-engineered layouts, complemented by refreshed and vibrant signage. This transformative journey is further complemented by seamless technology-enabled shopping and checkout processes, designed to facilitate a shift in the shopping experience.
The GenNext initiative, which was originally launched in 2018, has received positive customer feedback since then. The initiative includes new and remodeled stores. To date, Aaron's has converted or opened 32 GenNext stores, bringing the total to 243 company-operated GenNext stores.
At the end of the second quarter, these stores accounted for approximately 29% of lease revenues in retail sales. That compares to just more than 17% in the prior-year quarter.
Notably, Aaron's has set a goal of reaching 50 GenNext stores by the end of the year, and it is currently making strides to stay on course to achieve this objective.
Digital Momentum
Aaron’s has been witnessing strength in its e-commerce platform, driven by increased website traffic and a higher conversion rate. Some notable efforts undertaken by the company to bolster digital performance are increased investments in digital marketing, improved shopping experience, same-day and next-day delivery facilities, personalization of products, and a broader assortment, including the latest product categories.
Moreover, the company’s express delivery program has contributed substantially to improving online performance. Driven by these actions, e-commerce lease revenues were up 5.5%, accounting for 17.9% of the total lease revenues, in second-quarter 2023.
BrandsMart Buyout
Aaron’s latest acquisition of the appliance and electronics retailer, BrandsMart, has enabled it to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers. In second-quarter 2022, Aaron’s included BrandsMart revenues for the first time since its buyout.
For the BrandsMart segment, revenues were $143.8 million in the second quarter of 2023, driven by strength in small appliances and housewares, and e-commerce. The company is optimistic about the segment’s performance in the near term. The buyout is likely to strengthen Aaron’s market position and help expand the customer base.
Hurdles on the Way
Weak lease revenues and fees, and drab retail sales have been hurting the company’s quarterly performance. This led to a consolidated revenue decline of 13.1% in the second quarter.
Also, continued inflationary and other economic pressures affecting customers' income have been deterrents. Both segments are expected to continue experiencing softness in customer demand in its core product categories, including appliances, furniture and electronics, in the second half of the year.
Consequently, management anticipates 2023 revenues to be $2.12-$2.22 billion compared with the earlier stated $2.15-$2.25 billion. The lowered revenue outlook is mainly due to a decrease in early purchased options and drab retail sales at the Aaron's business in the second quarter, which is likely to continue throughout the year.
Key Picks
We have highlighted three better-ranked stocks from the Consumer Staple sector, namely GIII Apparel Group GIII, Guess GES and SP Plus SP.
GIII Apparel currently sports a Zacks Rank #1 (Strong Buy). Shares of GIII have rallied 48.9% in the past year. You can see the complete list of today's Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for GIII Apparel’s current financial year’s sales and earnings per share suggests growth of 2.4% and 14.7%, respectively, from the year-ago period’s reported figures. GIII has a trailing four-quarter earnings surprise of 526.6%, on average.
Guess has a trailing four-quarter earnings surprise of 43.4%, on average. It sports a Zacks Rank of 1 at present. Shares of GES have risen 31.4% in the past year.
The Zacks Consensus Estimate for Guess’ current financial-year sales and earnings suggests growth of 3.4% and 9.9%, respectively, from the year-ago period's reported figures.
SP Plus has a trailing four-quarter earnings surprise of 2.82%, on average. It currently carries a Zacks Rank #2 (Buy). Shares of SP have rallied 55.2% in the past year.
The Zacks Consensus Estimate for SP’s current financial-year sales and earnings suggests growth of 12.3% and 6.5%, respectively, from the year-ago period's reported figures.
Zacks Names #1 Semiconductor Stock
It's only 1/9,000th the size of NVIDIA which skyrocketed more than +800% since we recommended it. NVIDIA is still strong, but our new top chip stock has much more room to boom.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028.
See This Stock Now for Free >>
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Guess?, Inc. (GES) : Free Stock Analysis Report
G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report
SP Plus Corporation (SP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron’s Company, Inc. AAN has been focused on strengthening its digital presence and is on track with the GenNext strategy to bolster its performance. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. Both segments are expected to continue experiencing softness in customer demand in its core product categories, including appliances, furniture and electronics, in the second half of the year.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron’s Company, Inc. AAN has been focused on strengthening its digital presence and is on track with the GenNext strategy to bolster its performance. Some notable efforts undertaken by the company to bolster digital performance are increased investments in digital marketing, improved shopping experience, same-day and next-day delivery facilities, personalization of products, and a broader assortment, including the latest product categories.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron’s Company, Inc. AAN has been focused on strengthening its digital presence and is on track with the GenNext strategy to bolster its performance. BrandsMart Buyout Aaron’s latest acquisition of the appliance and electronics retailer, BrandsMart, has enabled it to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers.
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The Aaron’s Company, Inc. AAN has been focused on strengthening its digital presence and is on track with the GenNext strategy to bolster its performance. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Guess?, Inc. (GES) : Free Stock Analysis Report G-III Apparel Group, LTD. (GIII) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. Given the mixed sentiments, shares of this Zacks Rank #3 (Hold) company have lost 2% in the past year compared with the industry’s decline of 4.1%.
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8817.0
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2023-10-03 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Dips More Than Broader Markets: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-dips-more-than-broader-markets%3A-what-you-should-know-2
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.83, marking a -1.4% move from the previous day. This change lagged the S&P 500's daily loss of 1.37%. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 1.87%.
Heading into today, shares of the specialty retail had lost 18.68% over the past month, lagging the Consumer Discretionary sector's loss of 5.83% and the S&P 500's loss of 4.93% in that time.
Investors will be hoping for strength from Aaron's Company, Inc. as it approaches its next earnings release. In that report, analysts expect Aaron's Company, Inc. to post earnings of $0.06 per share. This would mark a year-over-year decline of 80.65%. Meanwhile, our latest consensus estimate is calling for revenue of $539.95 million, down 9% from the prior-year quarter.
AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.22 per share and revenue of $2.19 billion. These results would represent year-over-year changes of -41.06% and -2.55%, respectively.
Investors should also note any recent changes to analyst estimates for Aaron's Company, Inc.Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Aaron's Company, Inc. is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Aaron's Company, Inc. is holding a Forward P/E ratio of 8.17. This represents a discount compared to its industry's average Forward P/E of 14.15.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 92, putting it in the top 37% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AAN in the coming trading sessions, be sure to utilize Zacks.com.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s credited with a “watershed medical breakthrough” and is developing a bustling pipeline of other projects that could make a world of difference for patients suffering from diseases involving the liver, lungs, and blood. This is a timely investment that you can catch while it emerges from its bear market lows.
It could rival or surpass other recent Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.83, marking a -1.4% move from the previous day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.22 per share and revenue of $2.19 billion. To follow AAN in the coming trading sessions, be sure to utilize Zacks.com.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.83, marking a -1.4% move from the previous day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.22 per share and revenue of $2.19 billion. To follow AAN in the coming trading sessions, be sure to utilize Zacks.com.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.83, marking a -1.4% move from the previous day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.22 per share and revenue of $2.19 billion.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.83, marking a -1.4% move from the previous day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.22 per share and revenue of $2.19 billion. To follow AAN in the coming trading sessions, be sure to utilize Zacks.com.
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8818.0
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2023-09-27 00:00:00 UTC
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Aaron's (AAN) Opens Store in Arkansas Under Its GenNext Plan
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AAN
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https://www.nasdaq.com/articles/aarons-aan-opens-store-in-arkansas-under-its-gennext-plan
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The Aaron's Company, Inc. AAN has opened its latest GenNext store in Fort Smith, AK. This move will help expand the company's GenNext store initiative and offer better in-store customer experience. Store timings are from 10:00 a.m. to 8:00 p.m. from Monday to Saturday.
The GenNext initiative was originally launched in 2018 and has received positive customer feedback since then. The initiative includes new and remodeled stores. To date, Aaron's has converted or opened 32 GenNext stores, bringing the total to 243.
These stores come with re-engineered store layouts, updated signage, expanded product assortment, enhanced technology-enabled checkout and an innovative operating model.
What’s More?
This Zacks Rank #3 (Hold) company has been gaining from cost-reduction initiatives and a solid online show. It continued to witness strength in its e-commerce platform. In second-quarter 2023, e-commerce lease revenues rose 5.5%, accounting for 17.9% of the total lease revenues. The uptick can be attributable to increased website traffic and a higher conversion rate.
Some other notable efforts include increased investments in digital marketing, improved shopping experience, same-day and next-day delivery services, the personalization of products, and a broader assortment, including the latest product categories. Its express delivery program also bodes well.
The company’s latest acquisition of appliance and electronics retailer, BrandsMart, enabled AAN to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers. In second-quarter 2022, Aaron’s included BrandsMart revenues for the first time since its buyout.
For the BrandsMart segment, revenues were $143.8 million in the second quarter of 2023, driven by strength in small appliances and housewares, and e-commerce. The company is optimistic about the segment’s performance in the near term. The buyout is likely to strengthen Aaron’s market position and help expand the customer base.
However, weak lease revenues and fees, and drab retail sales at both Aaron's and BrandsMart businesses are headwinds. This led to a consolidated revenue decline of 13.1% in the second quarter.
Also, continued inflationary and other economic pressures affecting customers' payment activity act as deterrents. Both segments are expected to continue experiencing softness in customer demand in its core product categories, including appliances, furniture and electronics, in the second half of the year.
Consequently, management anticipates 2023 revenues of $2.12-$2.22 billion compared with the earlier stated $2.15-$2.25 billion. The lowered revenue outlook is mainly due to lower early purchased options and drab retail sales at the Aaron's business in the second quarter, which is likely to continue throughout the year.
For 2023, adjusted EBITDA (excluding stock-based compensation) is likely to be $140-$160 million. The company expects earnings per share of 55-80 cents compared with the earlier stated 70-95 cents. For the BrandsMart business, revenues are anticipated to be $615-$645 million, lower than the $645-$675 million stated previously.
Image Source: Zacks Investment Research
As a result, AAN shares fell 25.9% in the past three months against the industry’s growth of 9%.
Stocks to Consider
Some better-ranked companies are Crocs CROX, Royal Caribbean RCL and MGM Resorts MGM.
MGM Resorts currently sports a Zacks Rank #1 (Strong Buy). The company has a trailing four-quarter earnings surprise of 81%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for MGM’s 2024 sales and EPS indicates year-over-year increases of 2.2% and 31%, respectively.
Royal Caribbean sports a Zacks Rank #1 at present. RCL has a trailing four-quarter earnings surprise of 26.4%, on average.
The Zacks Consensus Estimate for RCL’s 2023 sales and EPS indicates increases of 47.9% and 158.3%, respectively, from the year-ago period’s reported levels.
Crocs, which offers casual lifestyle footwear and accessories, presently carries a Zacks Rank #2 (Buy). The expected EPS growth rate for three to five years is 15%.
The Zacks Consensus Estimate for Crocs’ current financial-year sales and earnings suggests growth of 13.1% and 2.8% from the year-ago period’s reported figure. CROX has a trailing four-quarter earnings surprise of 21.8%, on average.
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In addition to the investment ideas discussed above, would you like to know about our 10 top picks for 2023?
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Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
MGM Resorts International (MGM) : Free Stock Analysis Report
Crocs, Inc. (CROX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Image Source: Zacks Investment Research As a result, AAN shares fell 25.9% in the past three months against the industry’s growth of 9%. The Aaron's Company, Inc. AAN has opened its latest GenNext store in Fort Smith, AK. The company’s latest acquisition of appliance and electronics retailer, BrandsMart, enabled AAN to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers.
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The company’s latest acquisition of appliance and electronics retailer, BrandsMart, enabled AAN to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers. Click to get this free report Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN has opened its latest GenNext store in Fort Smith, AK.
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The company’s latest acquisition of appliance and electronics retailer, BrandsMart, enabled AAN to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers. Click to get this free report Royal Caribbean Cruises Ltd. (RCL) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report MGM Resorts International (MGM) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN has opened its latest GenNext store in Fort Smith, AK.
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The Aaron's Company, Inc. AAN has opened its latest GenNext store in Fort Smith, AK. The company’s latest acquisition of appliance and electronics retailer, BrandsMart, enabled AAN to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers. Image Source: Zacks Investment Research As a result, AAN shares fell 25.9% in the past three months against the industry’s growth of 9%.
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8819.0
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2023-09-26 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Dips More Than Broader Markets: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-dips-more-than-broader-markets%3A-what-you-should-know-1
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Aaron's Company, Inc. (AAN) closed at $10.29 in the latest trading session, marking a -1.63% move from the prior day. This change lagged the S&P 500's 1.47% loss on the day. Meanwhile, the Dow lost 1.14%, and the Nasdaq, a tech-heavy index, lost 1.57%.
Heading into today, shares of the specialty retail had lost 10.9% over the past month, lagging the Consumer Discretionary sector's loss of 3.8% and the S&P 500's loss of 1.43% in that time.
Investors will be hoping for strength from Aaron's Company, Inc. as it approaches its next earnings release. In that report, analysts expect Aaron's Company, Inc. to post earnings of $0.06 per share. This would mark a year-over-year decline of 80.65%. Meanwhile, our latest consensus estimate is calling for revenue of $539.95 million, down 9% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.22 per share and revenue of $2.19 billion, which would represent changes of -41.06% and -2.55%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Aaron's Company, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.39% lower. Aaron's Company, Inc. currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Aaron's Company, Inc. has a Forward P/E ratio of 8.57 right now. This valuation marks a discount compared to its industry's average Forward P/E of 14.13.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 158, which puts it in the bottom 38% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) closed at $10.29 in the latest trading session, marking a -1.63% move from the prior day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) closed at $10.29 in the latest trading session, marking a -1.63% move from the prior day. For the full year, our Zacks Consensus Estimates are projecting earnings of $1.22 per share and revenue of $2.19 billion, which would represent changes of -41.06% and -2.55%, respectively, from the prior year.
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Aaron's Company, Inc. (AAN) closed at $10.29 in the latest trading session, marking a -1.63% move from the prior day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. This industry currently has a Zacks Industry Rank of 158, which puts it in the bottom 38% of all 250+ industries.
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Aaron's Company, Inc. (AAN) closed at $10.29 in the latest trading session, marking a -1.63% move from the prior day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Heading into today, shares of the specialty retail had lost 10.9% over the past month, lagging the Consumer Discretionary sector's loss of 3.8% and the S&P 500's loss of 1.43% in that time.
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8820.0
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2023-09-26 00:00:00 UTC
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The Aaron's Company, Inc. (AAN) Is a Trending Stock: Facts to Know Before Betting on It
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https://www.nasdaq.com/articles/the-aarons-company-inc.-aan-is-a-trending-stock%3A-facts-to-know-before-betting-on-it-0
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this specialty retail have returned -10.9% over the past month versus the Zacks S&P 500 composite's -1.4% change. The Zacks Consumer Services - Miscellaneous industry, to which Aaron's belongs, has gained 4.7% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Earnings Estimate Revisions
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Aaron's is expected to post earnings of $0.06 per share for the current quarter, representing a year-over-year change of -80.7%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
The consensus earnings estimate of $1.22 for the current fiscal year indicates a year-over-year change of -41.1%. This estimate has changed -1.4% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $1.41 indicates a change of +15.2% from what Aaron's is expected to report a year ago. Over the past month, the estimate has changed +1.2%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Aaron's.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Aaron's, the consensus sales estimate for the current quarter of $539.95 million indicates a year-over-year change of -9%. For the current and next fiscal years, $2.19 billion and $2.26 billion estimates indicate -2.6% and +3.1% changes, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $530.37 million in the last reported quarter, representing a year-over-year change of -13.1%. EPS of $0.39 for the same period compares with $0.79 a year ago.
Compared to the Zacks Consensus Estimate of $540.56 million, the reported revenues represent a surprise of -1.89%. The EPS surprise was +116.67%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
Valuation
No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Projected Revenue Growth While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. And if earnings estimates go up for a company, the fair value for its stock goes up.
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8821.0
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2023-09-19 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Gains As Market Dips: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-gains-as-market-dips%3A-what-you-should-know-0
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nan
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nan
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.77, marking a +1.56% move from the previous day. This change outpaced the S&P 500's 0.22% loss on the day. Meanwhile, the Dow lost 0.31%, and the Nasdaq, a tech-heavy index, lost 0.23%.
Heading into today, shares of the specialty retail had lost 23.04% over the past month, lagging the Consumer Discretionary sector's loss of 1.21% and the S&P 500's gain of 2.08% in that time.
Investors will be hoping for strength from Aaron's Company, Inc. as it approaches its next earnings release. The company is expected to report EPS of $0.06, down 80.65% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $539.95 million, down 9% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.24 per share and revenue of $2.19 billion. These totals would mark changes of -40.1% and -2.55%, respectively, from last year.
It is also important to note the recent changes to analyst estimates for Aaron's Company, Inc.These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Aaron's Company, Inc. is holding a Zacks Rank of #3 (Hold) right now.
Looking at its valuation, Aaron's Company, Inc. is holding a Forward P/E ratio of 7.78. For comparison, its industry has an average Forward P/E of 14.45, which means Aaron's Company, Inc. is trading at a discount to the group.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 161, which puts it in the bottom 37% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow AAN in the coming trading sessions, be sure to utilize Zacks.com.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.77, marking a +1.56% move from the previous day. To follow AAN in the coming trading sessions, be sure to utilize Zacks.com. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.77, marking a +1.56% move from the previous day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. To follow AAN in the coming trading sessions, be sure to utilize Zacks.com.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.77, marking a +1.56% move from the previous day. To follow AAN in the coming trading sessions, be sure to utilize Zacks.com. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $9.77, marking a +1.56% move from the previous day. To follow AAN in the coming trading sessions, be sure to utilize Zacks.com. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8822.0
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2023-09-12 00:00:00 UTC
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Investors Heavily Search The Aaron's Company, Inc. (AAN): Here is What You Need to Know
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AAN
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https://www.nasdaq.com/articles/investors-heavily-search-the-aarons-company-inc.-aan%3A-here-is-what-you-need-to-know-0
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nan
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nan
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Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this specialty retail have returned -18.3% over the past month versus the Zacks S&P 500 composite's +0.6% change. The Zacks Consumer Services - Miscellaneous industry, to which Aaron's belongs, has lost 2.2% over this period. Now the key question is: Where could the stock be headed in the near term?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings Estimates
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Aaron's is expected to post earnings of $0.06 per share for the current quarter, representing a year-over-year change of -80.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -27.7%.
The consensus earnings estimate of $1.24 for the current fiscal year indicates a year-over-year change of -40.1%. This estimate has changed +0.1% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $1.39 indicates a change of +12.2% from what Aaron's is expected to report a year ago. Over the past month, the estimate has changed +4.1%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Aaron's.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth Forecast
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
For Aaron's, the consensus sales estimate for the current quarter of $539.95 million indicates a year-over-year change of -9%. For the current and next fiscal years, $2.19 billion and $2.26 billion estimates indicate -2.6% and +3.1% changes, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $530.37 million in the last reported quarter, representing a year-over-year change of -13.1%. EPS of $0.39 for the same period compares with $0.79 a year ago.
Compared to the Zacks Consensus Estimate of $540.56 million, the reported revenues represent a surprise of -1.89%. The EPS surprise was +116.67%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
Valuation
Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
While comparing the current values of a company's valuation multiples, such as price-to-earnings (P/E), price-to-sales (P/S) and price-to-cash flow (P/CF), with its own historical values helps determine whether its stock is fairly valued, overvalued, or undervalued, comparing the company relative to its peers on these parameters gives a good sense of the reasonability of the stock's price.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
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Download free today.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. And if earnings estimates go up for a company, the fair value for its stock goes up.
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8823.0
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2023-09-06 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Dips More Than Broader Markets: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-dips-more-than-broader-markets%3A-what-you-should-know
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nan
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nan
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $10.55, moving -1.12% from the previous trading session. This move lagged the S&P 500's daily loss of 0.7%. Elsewhere, the Dow lost 0.57%, while the tech-heavy Nasdaq lost 1.06%.
Prior to today's trading, shares of the specialty retail had lost 22.63% over the past month. This has lagged the Consumer Discretionary sector's loss of 3.82% and the S&P 500's gain of 0.58% in that time.
Investors will be hoping for strength from Aaron's Company, Inc. as it approaches its next earnings release. The company is expected to report EPS of $0.06, down 80.65% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $539.95 million, down 9% from the year-ago period.
AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion. These results would represent year-over-year changes of -40.1% and -2.55%, respectively.
It is also important to note the recent changes to analyst estimates for Aaron's Company, Inc.Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.12% higher within the past month. Aaron's Company, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Investors should also note Aaron's Company, Inc.'s current valuation metrics, including its Forward P/E ratio of 8.62. For comparison, its industry has an average Forward P/E of 14.76, which means Aaron's Company, Inc. is trading at a discount to the group.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 154, which puts it in the bottom 39% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Download the brand-new FREE report revealing 5 EV battery stocks set to soar.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Aaron's Company, Inc. (AAN) closed the most recent trading day at $10.55, moving -1.12% from the previous trading session. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) closed the most recent trading day at $10.55, moving -1.12% from the previous trading session. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) closed the most recent trading day at $10.55, moving -1.12% from the previous trading session. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion.
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $10.55, moving -1.12% from the previous trading session. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8824.0
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2023-08-30 00:00:00 UTC
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Here is What to Know Beyond Why The Aaron's Company, Inc. (AAN) is a Trending Stock
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AAN
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https://www.nasdaq.com/articles/here-is-what-to-know-beyond-why-the-aarons-company-inc.-aan-is-a-trending-stock
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nan
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nan
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Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.
Shares of this specialty retail have returned -16.3% over the past month versus the Zacks S&P 500 composite's -1.7% change. The Zacks Consumer Services - Miscellaneous industry, to which Aaron's belongs, has gained 5.4% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Aaron's is expected to post earnings of $0.06 per share for the current quarter, representing a year-over-year change of -80.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -65.9%.
For the current fiscal year, the consensus earnings estimate of $1.24 points to a change of -40.1% from the prior year. Over the last 30 days, this estimate has changed +2%.
For the next fiscal year, the consensus earnings estimate of $1.39 indicates a change of +12.2% from what Aaron's is expected to report a year ago. Over the past month, the estimate has changed +1%.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Aaron's.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Revenue Growth Forecast
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Aaron's, the consensus sales estimate of $539.95 million for the current quarter points to a year-over-year change of -9%. The $2.19 billion and $2.26 billion estimates for the current and next fiscal years indicate changes of -2.6% and +3.1%, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $530.37 million in the last reported quarter, representing a year-over-year change of -13.1%. EPS of $0.39 for the same period compares with $0.79 a year ago.
Compared to the Zacks Consensus Estimate of $540.56 million, the reported revenues represent a surprise of -1.89%. The EPS surprise was +116.67%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
Valuation
No investment decision can be efficient without considering a stock's valuation. Whether a stock's current price rightly reflects the intrinsic value of the underlying business and the company's growth prospects is an essential determinant of its future price performance.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Conclusion
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Zacks Reveals ChatGPT "Sleeper" Stock
One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more.
Download Free ChatGPT Stock Report Right Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Revenue Growth Forecast While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions.
|
Aaron's Company, Inc. (AAN) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. When earnings estimates for a company go up, the fair value for its stock goes up as well.
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8825.0
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2023-08-30 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Stock Sinks As Market Gains: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-stock-sinks-as-market-gains%3A-what-you-should-know
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nan
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nan
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Aaron's Company, Inc. (AAN) closed at $11.95 in the latest trading session, marking a -0.67% move from the prior day. This change lagged the S&P 500's 0.38% gain on the day. Meanwhile, the Dow gained 0.11%, and the Nasdaq, a tech-heavy index, added 0.54%.
Heading into today, shares of the specialty retail had lost 16.34% over the past month, lagging the Consumer Discretionary sector's loss of 3.21% and the S&P 500's loss of 1.68% in that time.
Wall Street will be looking for positivity from Aaron's Company, Inc. as it approaches its next earnings report date. On that day, Aaron's Company, Inc. is projected to report earnings of $0.06 per share, which would represent a year-over-year decline of 80.65%. Meanwhile, our latest consensus estimate is calling for revenue of $539.95 million, down 9% from the prior-year quarter.
AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion. These results would represent year-over-year changes of -40.1% and -2.55%, respectively.
It is also important to note the recent changes to analyst estimates for Aaron's Company, Inc.These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.96% higher within the past month. Aaron's Company, Inc. is currently sporting a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Aaron's Company, Inc. has a Forward P/E ratio of 9.72 right now. This represents a discount compared to its industry's average Forward P/E of 15.05.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 105, putting it in the top 42% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
Zacks Reveals ChatGPT "Sleeper" Stock
One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more.
Download Free ChatGPT Stock Report Right Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) closed at $11.95 in the latest trading session, marking a -0.67% move from the prior day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) closed at $11.95 in the latest trading session, marking a -0.67% move from the prior day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) closed at $11.95 in the latest trading session, marking a -0.67% move from the prior day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion.
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Aaron's Company, Inc. (AAN) closed at $11.95 in the latest trading session, marking a -0.67% move from the prior day. AAN's full-year Zacks Consensus Estimates are calling for earnings of $1.24 per share and revenue of $2.19 billion. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8826.0
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2023-08-30 00:00:00 UTC
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Why Is Aaron's (AAN) Down 16.3% Since Last Earnings Report?
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https://www.nasdaq.com/articles/why-is-aarons-aan-down-16.3-since-last-earnings-report
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nan
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). Shares have lost about 16.3% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Aaron's due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
Aaron's Q2 Earnings Beat Estimates, Revenue View Lowered
Aaron's released second-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same. In the quarter, both the top and bottom lines declined on a year-over-year basis.
Aaron's delivered adjusted earnings of 39 cents per share, outpacing the Zacks Consensus Estimate of 18 cents. However, the bottom line declined 50.6% year over year from 79 cents per share reported in the prior-year quarter. On a GAAP basis, Aaron reported earnings of 21 cents per share versus a loss of 17 cents in the year-ago quarter.
Quarter in Detail
Consolidated revenues declined 13.1% to $530.4 million, owing to weak lease revenues & fees and drab retail sales at both Aaron's and BrandsMart businesses. The figure came below the Zacks Consensus Estimate of $541 million.
Breaking up the components of consolidated revenues, we note that lease revenues and fees dropped 8.5% year over year to $353.8 million and retail sales decreased to $148 million from $190.8 million. Non-retail sales, which mainly include merchandise sales to franchisees, declined 15.6% year over year to $22.8 million, while franchise royalties and other revenues in the quarter decreased 3.3% to $5.8 million from the year-ago quarter.
In Aaron’s business segment, revenues declined 9.6% year over year to $388.9 million due to lower lease portfolio size and lease renewal rate coupled with fewer exercises of early purchase options and weak retail sales. In the quarter, we had expected sales of $376.2 million from Aaron’s business segment. E-commerce revenues rose 5.5% year over year and represented 17.9% of lease revenues.
For the BrandsMart segment, revenues were $143.8 million in the second quarter of 2023. Our estimate for sales from the BrandsMart segment was $157.5 million in the quarter. Its e-commerce product sales were 8.1% of total product sales.
Margins
Aaron’s gross profit declined 3.7% to $282.3 million and the gross margin expanded 520 basis points (bps) to 53.2%. The operating profit came in at $11.3 million compared with the prior-year quarter’s operating loss of $9.5 million.
Adjusted EBITDA declined 17% year over year to $42.4 million, due to lower lease revenues & fees at the Aaron's business and weak retail sales at BrandsMart, partly offset by reduced personnel costs and lower write-offs at Aaron's business. The adjusted EBITDA margin also contracted 40 bps to 8% compared with our estimate of 6.8%.
Financial Position
Aaron ended the quarter with cash and cash equivalents of $38.4 million, debt of $186.1 million and shareholders’ equity of $710.6 million. In the quarter, the company provided $53.4 million in cash from operating activities.
At the end of the second quarter, the company generated an adjusted free cash flow of $36 million. Capital expenditure was $21.4 million in the reported quarter. For 2023, capital expenditures are expected in the band of $85-$100 compared with $90-$105 million guided earlier. For 2023, Aaron’s expects adjusted free cash flow in the range of $85-$95 million, higher than its earlier projection of $75-$85 million.
The company declared dividends worth $3.9 million in the quarter under review.
Outlook
For 2023, the company anticipates revenues of $2.12-$2.22 billion versus the $2.15-$2.25 billion stated earlier. Adjusted EBITDA (excluding stock-based compensation) is projected at $140-$160 million. It envisions adjusted earnings per share (EPS) of $1.00-$1.40 for the full year. Earnings per share are expected to be 55-80 cents compared with the earlier stated 70-95 cents.
For the Aaron’s business, revenues are expected to be $1.50-$1.57 billion. Adjusted EBITDA is likely to be $170-$185 million.
For BrandsMart, revenues are anticipated to be $615-$645 million, lower than the $645-$675 million stated previously. Adjusted EBITDA is forecast at $12.5-$17.5 million.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -65.86% due to these changes.
VGM Scores
At this time, Aaron's has an average Growth Score of C, a grade with the same score on the momentum front. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Aaron's has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Q2 Earnings Beat Estimates, Revenue View Lowered Aaron's released second-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Breaking up the components of consolidated revenues, we note that lease revenues and fees dropped 8.5% year over year to $353.8 million and retail sales decreased to $148 million from $190.8 million.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. In the quarter, we had expected sales of $376.2 million from Aaron’s business segment.
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2023-08-23 00:00:00 UTC
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Implied Volatility Surging for Aaron's Company (AAN) Stock Options
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https://www.nasdaq.com/articles/implied-volatility-surging-for-aarons-company-aan-stock-options
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 15, 2023 $5.00 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Aaron's Company shares, but what is the fundamental picture for the company? Currently, Aaron's Company is a Zacks Rank #3 (Hold) Consumer Services - Miscellaneous industry that ranks in the Top 38% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased the earnings estimates for the current quarter, while five have revised the estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 16 cents per share to 6 cents in that period.
Given the way analysts feel about Aaron's Company right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Clearly, options traders are pricing in a big move for Aaron's Company shares, but what is the fundamental picture for the company?
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8828.0
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2023-08-21 00:00:00 UTC
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Aaron's (AAN) Thrives With Strategic Shifts Amid Challenges
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https://www.nasdaq.com/articles/aarons-aan-thrives-with-strategic-shifts-amid-challenges
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The Aaron's Company, Inc. AAN maintained its commitment to strategic expansion and cost-efficiency efforts, mainly complemented by the generation of substantial free cash flow.
Notably, the company’s lease portfolio exceeded expectations, demonstrating resilience in second-quarter 2023. In the face of a persistently difficult demand landscape for high-value consumer durables, Aaron's adeptly navigated the market, showcasing the efficacy of its proactive approach and commitment to financial strength.
However, Aaron’s has been witnessing high inflation and other challenging economic conditions that continue to impact its customers. Shares of this Zacks Rank #3 (Hold) company have declined 1% in the past three months against the industry’s growth of 5.8%.
Image Source: Zacks Investment Research
Let’s Introspect
Amid the challenging economic landscape, Aaron's has achieved promising outcomes by observing changes in customer behavior and implementing strategic measures to cut costs. One of the key contributors to Aaron's success has been its impressive performance in the e-commerce channel.
Aaron's has made significant efforts in the e-commerce domain by investing more in digital marketing, enhancing the online shopping experience, offering expedited delivery options, personalizing product offerings and expanding the range of products available on its platform. The express delivery program has also contributed to this growth.
Another development for Aaron's is the acquisition of BrandsMart, a retailer specializing in appliances and electronics. This acquisition enabled Aaron's to provide its customers with access to high-quality furniture, electronics, home appliances, and other goods through both lease and retail purchase options.
The strategic move has not only strengthened Aaron's position in the market but has also contributed to an expansion of its customer base. The company's optimism about the performance of this segment is evident from its plans to open a BrandsMart store by the fourth quarter of 2023.
Aaron's has also been effectively executing its GenNext strategy, which focuses on next-generation store formats. The GenNext store strategy serves as a prominent illustration, consistently generating substantial financial benefits through the transformation of the customer experience within the physical stores and the redefinition of the operational model.
By the end of the second quarter of 2023, Aaron's established 230 GenNext locations. This strategy has proven successful in attracting a younger audience and expanding the company's overall reach.
Wrapping Up
The company cut its revenue outlook due to lower early purchased options and drab retail sales at the Aaron's business in second-quarter 2023, which is likely to continue throughout the year.
For 2023, the company anticipates revenues of $2.12-$2.22 billion versus $2.15-$2.25 billion predicted earlier. Adjusted EBITDA (excluding stock-based compensation) is projected to be $140-$160 million.
AAN envisions adjusted earnings per share (EPS) of $1.00-$1.40 for the year. Earnings per share are expected to be 55-80 cents compared with the earlier stated 70-95 cents.
Red-Hot Stocks to Consider
Here we have highlighted three better-ranked stocks, namely Skechers U.S.A., Inc. SKX, American Eagle Outfitters Inc. AEO and Crocs, Inc. CROX.
Skechers designs, develops, markets and distributes footwear. It currently sports a Zacks Rank #1 (Strong Buy). The expected EPS growth rate for three to five years is 28.3%.
You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Skechers’ current financial-year sales and earnings suggests growth of 8.5% and 41.2%, respectively, from the year-ago reported figures. SKX has a trailing four-quarter earnings surprise of 39.1%, on average.
American Eagle is a specialty retailer of casual apparel, accessories and footwear. The company currently has a Zacks Rank #2 (Buy). The expected EPS growth rate for three to five years is 9.6%.
The Zacks Consensus Estimate for American Eagle’s current fiscal-year earnings suggests growth of 8.3% from the year-ago reported number. AEO has a trailing four-quarter earnings surprise of 9.2%, on average.
Crocs is one of the leading footwear brands with a focus on comfort and style. It currently has a Zacks Rank #2. CROX delivered an earnings surprise of 20.5% in the last reported quarter.
The Zacks Consensus Estimate for Crocs’ current financial-year sales and earnings suggests growth of 12.9% and 11.2%, respectively, from the year-ago reported numbers. CROX has a trailing four-quarter earnings surprise of 19.9%, on average.
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American Eagle Outfitters, Inc. (AEO) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Crocs, Inc. (CROX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN maintained its commitment to strategic expansion and cost-efficiency efforts, mainly complemented by the generation of substantial free cash flow. AAN envisions adjusted earnings per share (EPS) of $1.00-$1.40 for the year. Click to get this free report American Eagle Outfitters, Inc. (AEO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report American Eagle Outfitters, Inc. (AEO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN maintained its commitment to strategic expansion and cost-efficiency efforts, mainly complemented by the generation of substantial free cash flow. AAN envisions adjusted earnings per share (EPS) of $1.00-$1.40 for the year.
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Click to get this free report American Eagle Outfitters, Inc. (AEO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN maintained its commitment to strategic expansion and cost-efficiency efforts, mainly complemented by the generation of substantial free cash flow. AAN envisions adjusted earnings per share (EPS) of $1.00-$1.40 for the year.
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Click to get this free report American Eagle Outfitters, Inc. (AEO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN maintained its commitment to strategic expansion and cost-efficiency efforts, mainly complemented by the generation of substantial free cash flow. AAN envisions adjusted earnings per share (EPS) of $1.00-$1.40 for the year.
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2023-08-08 00:00:00 UTC
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Aaron's (AAN) Solidifies GenNext Store Fleet With Latest Opening
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https://www.nasdaq.com/articles/aarons-aan-solidifies-gennext-store-fleet-with-latest-opening
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The Aaron's Company, Inc. AAN, a prominent leader in the realm of technology-enabled lease-to-own and retail purchase solutions, has been focused on undertaking growth via expansion. In a strategic move to solidify its market presence, the company has officially declared the opening of its latest inclusion to the range of Aaron's GenNext stores.
This latest venture has found its home in Grandview, MO, a vibrant southern suburb nested within the greater Kansas City area. The company is likely to penetrate deeper into the thriving Kansas City market by choosing Grandview as a pivotal location for the GenNext store.
At the core of the GenNext initiative lies a comprehensive overhaul of the traditional in-store experience. These reimagined retail spaces feature amplified showrooms and ingeniously re-engineered layouts, complemented by refreshed and vibrant signage. Patrons can explore an expanded array of products that cater to diverse preferences.
Image Source: Zacks Investment Research
This transformative journey is further elevated by seamless technology-enabled shopping and checkout processes, all meticulously designed to encapsulate a paradigm shift in the shopping experience.
The GenNext program is multifaceted, involving the revitalization of existing stores and the strategic establishment of new retail havens. Having set its wheels in motion in 2018, this forward-looking initiative has yielded remarkable results. Year 2023 has witnessed the successful conversion or establishment of 23 GenNext stores, culminating in a staggering number of 234 company-operated GenNext stores.
What’s More?
The GenNext store strategy serves as a prominent illustration, consistently generating substantial financial benefits through the transformation of the customer experience within the physical stores and the redefinition of the operational model. At the end of the second quarter, these stores accounted for approximately 29% of lease revenues in retail sales. That compares to just more than 17% in the prior-year quarter.
Lease originations within GenNext stores, which have been operational for less than a year, have maintained a growth trajectory, surpassing the legacy store average by more than 20 percentage points. This remarkable revenue performance underscores the distinct proficiency of the GenNext stores, positioning them advantageously in comparison to the traditional store setup.
Notably, Aaron's has set a goal of reaching 50 GenNext stores by the end of the year, and it is currently making strides to stay on course and achieve this objective.
Shares of this Zacks Rank #3 (Hold) company have rallied 8.8% in the past three months against the industry’s decline of 1.5%.
Three Solid Picks
Some better-ranked food stocks are SP Plus Corporation SP, Skechers U.S.A., Inc. SKX and Urban Outfitters Inc. URBN.
SP Plus, which provides professional parking and ground transportation, currently sports a Zacks Rank #1 (Strong Buy). SP has a trailing four-quarter earnings surprise of 2.8%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for SP Plus’s current financial-year sales and earnings suggests growth of 11.5% and 4.3%, respectively, from the year-ago reported figures.
Skechers designs, develops, markets and distributes footwear for men, women and children, currently carries a Zacks Rank #2 (Buy). It has a trailing four-quarter earnings surprise of 39.1%, on average. The expected EPS growth rate for three to five years is 28.3%.
The Zacks Consensus Estimate for SKX’s current financial-year sales and EPS suggests growth of 8.3% and 39.5%, respectively, from the year-ago reported numbers.
Urban Outfitters is a lifestyle specialty retailer that offers fashion apparel and accessories, footwear, home décor and gifts products, currently carries a Zacks Rank #2. URBN has a trailing four-quarter earnings surprise of 12.2%, on average. The expected EPS growth rate for three to five years is 18%.
The Zacks Consensus Estimate for Urban Outfitters’ current fiscal-year sales and earnings suggests growth of 5.3% and 60.6%, respectively, from the year-ago reported numbers.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report
SP Plus Corporation (SP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN, a prominent leader in the realm of technology-enabled lease-to-own and retail purchase solutions, has been focused on undertaking growth via expansion. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. In a strategic move to solidify its market presence, the company has officially declared the opening of its latest inclusion to the range of Aaron's GenNext stores.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN, a prominent leader in the realm of technology-enabled lease-to-own and retail purchase solutions, has been focused on undertaking growth via expansion. The Zacks Consensus Estimate for SKX’s current financial-year sales and EPS suggests growth of 8.3% and 39.5%, respectively, from the year-ago reported numbers.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN, a prominent leader in the realm of technology-enabled lease-to-own and retail purchase solutions, has been focused on undertaking growth via expansion. Year 2023 has witnessed the successful conversion or establishment of 23 GenNext stores, culminating in a staggering number of 234 company-operated GenNext stores.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Urban Outfitters, Inc. (URBN) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN, a prominent leader in the realm of technology-enabled lease-to-own and retail purchase solutions, has been focused on undertaking growth via expansion. Year 2023 has witnessed the successful conversion or establishment of 23 GenNext stores, culminating in a staggering number of 234 company-operated GenNext stores.
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2023-08-03 00:00:00 UTC
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Truist Securities Maintains Aarons Company Inc (AAN) Hold Recommendation
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https://www.nasdaq.com/articles/truist-securities-maintains-aarons-company-inc-aan-hold-recommendation
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Fintel reports that on August 2, 2023, Truist Securities maintained coverage of Aarons Company Inc (NYSE:AAN) with a Hold recommendation.
Analyst Price Forecast Suggests 0.71% Upside
As of August 2, 2023, the average one-year price target for Aarons Company Inc is 14.33. The forecasts range from a low of 9.39 to a high of $18.90. The average price target represents an increase of 0.71% from its latest reported closing price of 14.23.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aarons Company Inc is 2,386MM, an increase of 5.22%. The projected annual non-GAAP EPS is 1.70.
Aarons Company Inc Declares $0.12 Dividend
On May 3, 2023 the company declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Shareholders of record as of June 15, 2023 received the payment on July 6, 2023. Previously, the company paid $0.12 per share.
At the current share price of $14.23 / share, the stock's dividend yield is 3.51%.
Looking back five years and taking a sample every week, the average dividend yield has been 2.59%, the lowest has been 0.77%, and the highest has been 5.57%. The standard deviation of yields is 1.24 (n=130).
The current dividend yield is 0.74 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -8.43. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.15%.
What is the Fund Sentiment?
There are 431 funds or institutions reporting positions in Aarons Company Inc. This is a decrease of 9 owner(s) or 2.05% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 32.73%. Total shares owned by institutions increased in the last three months by 2.38% to 33,754K shares.
The put/call ratio of AAN is 1.06, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,312K shares representing 7.48% ownership of the company. In it's prior filing, the firm reported owning 2,320K shares, representing a decrease of 0.36%. The firm decreased its portfolio allocation in AAN by 21.73% over the last quarter.
Palisade Capital Management holds 1,188K shares representing 3.84% ownership of the company. In it's prior filing, the firm reported owning 1,132K shares, representing an increase of 4.68%. The firm decreased its portfolio allocation in AAN by 14.76% over the last quarter.
Lsv Asset Management holds 959K shares representing 3.10% ownership of the company. No change in the last quarter.
Solas Capital Management holds 931K shares representing 3.01% ownership of the company. In it's prior filing, the firm reported owning 884K shares, representing an increase of 5.05%. The firm decreased its portfolio allocation in AAN by 24.20% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 853K shares representing 2.76% ownership of the company. No change in the last quarter.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
Additional reading:
The Aaron’s Company, Inc. Reports Second Quarter 2023 Financial Results, Updates Full Year Outlook
0 Q2 2023 Earnings Results July 31, 2023 Exhibit 99.2 Special Note Regarding Forward-Looking Information Statements in this presentation regarding our business that are not historical facts are “forward-looking statements” that involve risks and unce
Aaron's Directors Declare Cash Dividend
The Aaron’s Company, Inc. Reports First Quarter 2023 Financial Results, Updates Full Year Outlook
The Aaron’s Company, Inc. Q1 2023 Earnings Results April 24, 2023 Exhibit 99.2 Special Note Regarding Forward-Looking Information Statements in this presentation regarding our business that are not historical facts are “forward-looking statements” th
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on August 2, 2023, Truist Securities maintained coverage of Aarons Company Inc (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 32.73%. The put/call ratio of AAN is 1.06, indicating a bearish outlook.
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Fintel reports that on August 2, 2023, Truist Securities maintained coverage of Aarons Company Inc (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 32.73%. The put/call ratio of AAN is 1.06, indicating a bearish outlook.
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Fintel reports that on August 2, 2023, Truist Securities maintained coverage of Aarons Company Inc (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 32.73%. The put/call ratio of AAN is 1.06, indicating a bearish outlook.
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Fintel reports that on August 2, 2023, Truist Securities maintained coverage of Aarons Company Inc (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 32.73%. The put/call ratio of AAN is 1.06, indicating a bearish outlook.
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8831.0
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2023-08-01 00:00:00 UTC
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Why Aaron's Stock Fell Today
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AAN
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https://www.nasdaq.com/articles/why-aarons-stock-fell-today
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nan
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nan
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What happened
Shares of Aaron's (NYSE: AAN) were down 9% as of 12:26 p.m. ET on Tuesday after the retailer issued its second-quarter earnings report.
Revenue fell 13% versus the year-ago period. While reported earnings, or profits, more than tripled, adjusted (non-GAAP) earnings declined 50% year over year.
So what
The lease-to-own seller of home goods delivered results that were ahead of management's internal estimates, but the persistent weak sales trends took the spotlight. While there were bright spots, the company is still dealing with a prolonged slump in the market for home goods, including appliances, electronics, and furniture.
Aaron's recurring revenue from its lease-to-own model led to positive cash flow generation in the quarter, which is helping the company pay down debt on its balance sheet. Management also noted that it ended Q2 with a larger lease portfolio than expected, and it is executing well on reducing costs to improve profitability. The negative was that the lease portfolio was still down 8.6% versus the year-ago quarter.
Still, anemic demand will likely persist in the near term. Management lowered its full-year outlook. It now expects revenue to be between $2.12 billion and $2.22 billion, down slightly from the previous range.
Now what
Aaron's stock is up 20% year to date but still trades at a low forward price-to-earnings ratio of 11.8. It could be a bargain looking ahead to long-term expansion in new markets and growing e-commerce sales.
Management also maintained its full-year outlook for pre-tax earnings and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). This indicates that cost-cutting measures are on track and should position the company to return to profitable growth as soon as the economy is on stronger footing.
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John Ballard has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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What happened Shares of Aaron's (NYSE: AAN) were down 9% as of 12:26 p.m. So what The lease-to-own seller of home goods delivered results that were ahead of management's internal estimates, but the persistent weak sales trends took the spotlight. While there were bright spots, the company is still dealing with a prolonged slump in the market for home goods, including appliances, electronics, and furniture.
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What happened Shares of Aaron's (NYSE: AAN) were down 9% as of 12:26 p.m. While reported earnings, or profits, more than tripled, adjusted (non-GAAP) earnings declined 50% year over year. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.
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What happened Shares of Aaron's (NYSE: AAN) were down 9% as of 12:26 p.m. Management also maintained its full-year outlook for pre-tax earnings and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA). 10 stocks we like better than Aaron's When our analyst team has a stock tip, it can pay to listen.
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What happened Shares of Aaron's (NYSE: AAN) were down 9% as of 12:26 p.m. So what The lease-to-own seller of home goods delivered results that were ahead of management's internal estimates, but the persistent weak sales trends took the spotlight. 10 stocks we like better than Aaron's When our analyst team has a stock tip, it can pay to listen.
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8832.0
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2023-08-01 00:00:00 UTC
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Aaron's (AAN) Q2 Earnings Beat Estimates, Revenue View Lowered
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AAN
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https://www.nasdaq.com/articles/aarons-aan-q2-earnings-beat-estimates-revenue-view-lowered
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nan
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The Aaron's Company, Inc. AAN released second-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same. In the quarter, both the top and bottom lines declined on a year-over-year basis.
Aaron's delivered adjusted earnings of 39 cents per share, outpacing the Zacks Consensus Estimate of 18 cents. However, the bottom line declined 50.6% year over year from 79 cents per share reported in the prior-year quarter. On a GAAP basis, AAN reported earnings of 21 cents per share versus a loss of 17 cents in the year-ago quarter.
Quarter in Detail
Consolidated revenues declined 13.1% to $530.4 million, owing to weak lease revenues & fees and drab retail sales at both Aaron's and BrandsMart businesses. The figure came below the Zacks Consensus Estimate of $541 million.
Breaking up the components of consolidated revenues, we note that lease revenues and fees dropped 8.5% year over year to $353.8 million and retail sales decreased to $148 million from $190.8 million. Non-retail sales, which mainly include merchandise sales to franchisees, declined 15.6% year over year to $22.8 million, while franchise royalties and other revenues in the quarter decreased 3.3% to $5.8 million from the year-ago quarter.
In Aaron’s business segment, revenues declined 9.6% year over year to $388.9 million due to lower lease portfolio size and lease renewal rate coupled with fewer exercises of early purchase options and weak retail sales. In the quarter, we had expected sales of $376.2 million from Aaron’s business segment. E-commerce revenues rose 5.5% year over year and represented 17.9% of lease revenues.
For the BrandsMart segment, revenues were $143.8 million in the second quarter of 2023. Our estimate for sales from the BrandsMart segment was $157.5 million in the quarter. Its e-commerce product sales were 8.1% of total product sales.
The Aaron's Company, Inc. Price, Consensus and EPS Surprise
The Aaron's Company, Inc. price-consensus-eps-surprise-chart | The Aaron's Company, Inc. Quote
Margins
Aaron’s gross profit declined 3.7% to $282.3 million and the gross margin expanded 520 basis points (bps) to 53.2%. The operating profit came in at $11.3 million compared with the prior-year quarter’s operating loss of $9.5 million.
Adjusted EBITDA declined 17% year over year to $42.4 million, due to lower lease revenues & fees at the Aaron's business and weak retail sales at BrandsMart, partly offset by reduced personnel costs and lower write-offs at Aaron's business. The adjusted EBITDA margin also contracted 40 bps to 8% compared with our estimate of 6.8%.
Financial Position
Aaron’s ended the quarter with cash and cash equivalents of $38.4 million, debt of $186.1 million and shareholders’ equity of $710.6 million. In the quarter, the company provided $53.4 million in cash from operating activities.
At the end of the second quarter, the company generated an adjusted free cash flow of $36 million. Capital expenditure was $21.4 million in the reported quarter. For 2023, capital expenditures are expected in the band of $85-$100 compared with $90-$105 million guided earlier. For 2023, AAN expects adjusted free cash flow in the range of $85-$95 million, higher than its earlier projection of $75-$85 million.
The company declared dividends worth $3.9 million in the quarter under review.
Outlook
For full-year 2023, the company anticipates revenues in the band of $2.12-$2.22 billion versus $2.15-$2.25 billion predicted earlier. Adjusted EBITDA (excluding stock-based compensation) is still projected in the range of $140-$160 million. It continues to envision adjusted earnings per share (EPS) of $1.00-$1.40 for the full year. Earnings per share are expected in the range of 55-80 cents compared with the earlier forecast of 70-95 cents.
For the Aaron’s business, revenues are still expected in the range of $1.50-$1.57 billion. Adjusted EBITDA is likely to be in the band of $170-$185 million.
For BrandsMart, revenues are now anticipated in the range of $615-$645 million, lower than $645-$675 million expected previously. Adjusted EBITDA is forecast in the range of $12.5-$17.5 million.
Shares of this Zacks Rank #4 (Sell) company have gained 29.2% in the past three months against the industry’s 0.1% decline.
Three Solid Picks
Here we have highlighted three top-ranked stocks, namely, Ralph Lauren Corporation RL, Skechers U.S.A., Inc. SKX and Deckers Outdoor Corporation DECK, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Ralph Lauren, a footwear and accessories dealer, has a trailing four-quarter earnings surprise of 17.4%, on average. The Zacks Consensus Estimate for Ralph Lauren’s current financial-year sales and EPS suggests growth of 2.8% and 13.1%, respectively, from the year-ago corresponding figures.
Skechers designs, develops, markets and distributes footwear for men, women and children. It has a trailing four-quarter earnings surprise of 39.1%, on average. The Zacks Consensus Estimate for SKX’s current financial-year sales and EPS suggests growth of 8.8% and 34.9%, respectively, from the year-ago reported numbers.
Deckers Outdoor, a footwear dealer, has a trailing four-quarter earnings surprise of 13.6%, on average. The Zacks Consensus Estimate for Deckers Outdoor’s current financial-year sales and EPS suggests growth of 9.1% and 14.2%, respectively, from the year-ago corresponding figures.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Ralph Lauren Corporation (RL) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN released second-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same. On a GAAP basis, AAN reported earnings of 21 cents per share versus a loss of 17 cents in the year-ago quarter. For 2023, AAN expects adjusted free cash flow in the range of $85-$95 million, higher than its earlier projection of $75-$85 million.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN released second-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same. On a GAAP basis, AAN reported earnings of 21 cents per share versus a loss of 17 cents in the year-ago quarter.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Ralph Lauren Corporation (RL) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN released second-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same. On a GAAP basis, AAN reported earnings of 21 cents per share versus a loss of 17 cents in the year-ago quarter.
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The Aaron's Company, Inc. AAN released second-quarter 2023 results, wherein the bottom line beat the Zacks Consensus Estimate while the top line missed the same. On a GAAP basis, AAN reported earnings of 21 cents per share versus a loss of 17 cents in the year-ago quarter. For 2023, AAN expects adjusted free cash flow in the range of $85-$95 million, higher than its earlier projection of $75-$85 million.
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8833.0
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2023-07-31 00:00:00 UTC
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Aaron's (AAN) Reports Q2 Earnings: What Key Metrics Have to Say
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https://www.nasdaq.com/articles/aarons-aan-reports-q2-earnings%3A-what-key-metrics-have-to-say
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For the quarter ended June 2023, Aaron's Company, Inc. (AAN) reported revenue of $530.37 million, down 13.1% over the same period last year. EPS came in at $0.39, compared to $0.79 in the year-ago quarter.
The reported revenue represents a surprise of -1.89% over the Zacks Consensus Estimate of $540.56 million. With the consensus EPS estimate being $0.18, the EPS surprise was +116.67%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Lease revenues and fees & retail sales: $353.75 million versus $348.09 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -38.7% change.
Revenues- Aaron's Business- Non-Retail Sales: $22.80 million versus $24.39 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -15.7% change.
Revenues- Retail Sales: $148.05 million versus $162.13 million estimated by five analysts on average.
Revenues- Franchise royalties and other revenues: $5.78 million versus the five-analyst average estimate of $5.95 million. The reported number represents a year-over-year change of -3.4%.
Revenues- Aaron's Business- Other: $0.19 million compared to the $0.20 million average estimate based on two analysts.
Revenues- Aaron's Business- Franchise royalties and fees: $5.59 million versus the two-analyst average estimate of $5.72 million.
View all Key Company Metrics for Aaron's here>>>
Shares of Aaron's have returned +9.1% over the past month versus the Zacks S&P 500 composite's +4.7% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For the quarter ended June 2023, Aaron's Company, Inc. (AAN) reported revenue of $530.37 million, down 13.1% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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For the quarter ended June 2023, Aaron's Company, Inc. (AAN) reported revenue of $530.37 million, down 13.1% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Lease revenues and fees & retail sales: $353.75 million versus $348.09 million estimated by five analysts on average.
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For the quarter ended June 2023, Aaron's Company, Inc. (AAN) reported revenue of $530.37 million, down 13.1% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Lease revenues and fees & retail sales: $353.75 million versus $348.09 million estimated by five analysts on average.
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For the quarter ended June 2023, Aaron's Company, Inc. (AAN) reported revenue of $530.37 million, down 13.1% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The reported revenue represents a surprise of -1.89% over the Zacks Consensus Estimate of $540.56 million.
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8834.0
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2023-07-31 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Q2 Earnings Beat Estimates
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-q2-earnings-beat-estimates
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.79 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 116.67%. A quarter ago, it was expected that this specialty retail would post earnings of $0.28 per share when it actually produced earnings of $0.66, delivering a surprise of 135.71%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $530.37 million for the quarter ended June 2023, missing the Zacks Consensus Estimate by 1.89%. This compares to year-ago revenues of $610.38 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Aaron's shares have added about 29.1% since the beginning of the year versus the S&P 500's gain of 19.3%.
What's Next for Aaron's?
While Aaron's has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Aaron's: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.17 on $543.38 million in revenues for the coming quarter and $1.21 on $2.21 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Services - Miscellaneous is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Mister Car Wash (MCW), is yet to report results for the quarter ended June 2023. The results are expected to be released on August 3.
This car wash operator is expected to post quarterly earnings of $0.09 per share in its upcoming report, which represents a year-over-year change of -18.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Mister Car Wash's revenues are expected to be $240.54 million, up 6.8% from the year-ago quarter.
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Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
Download Free ChatGPT Stock Report Right Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.18 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.18 per share. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $530.37 million for the quarter ended June 2023, missing the Zacks Consensus Estimate by 1.89%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.18 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $530.37 million for the quarter ended June 2023, missing the Zacks Consensus Estimate by 1.89%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.18 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Mister Car Wash, Inc. (MCW) : Free Stock Analysis Report To read this article on Zacks.com click here. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
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8835.0
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2023-07-26 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Gains As Market Dips: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-gains-as-market-dips%3A-what-you-should-know
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.69, moving +1.95% from the previous trading session. This change outpaced the S&P 500's 0.02% loss on the day. Elsewhere, the Dow gained 0.23%, while the tech-heavy Nasdaq lost 0.12%.
Prior to today's trading, shares of the specialty retail had gained 11.04% over the past month. This has outpaced the Consumer Discretionary sector's gain of 3.07% and the S&P 500's gain of 5.14% in that time.
Aaron's Company, Inc. will be looking to display strength as it nears its next earnings release, which is expected to be July 31, 2023. In that report, analysts expect Aaron's Company, Inc. to post earnings of $0.18 per share. This would mark a year-over-year decline of 77.22%. Our most recent consensus estimate is calling for quarterly revenue of $540.91 million, down 11.38% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.21 per share and revenue of $2.21 billion, which would represent changes of -41.55% and -1.73%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Aaron's Company, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.87% higher within the past month. Aaron's Company, Inc. is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Aaron's Company, Inc. has a Forward P/E ratio of 12.68 right now. For comparison, its industry has an average Forward P/E of 13.76, which means Aaron's Company, Inc. is trading at a discount to the group.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 121, which puts it in the top 49% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
Download Free ChatGPT Stock Report Right Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.69, moving +1.95% from the previous trading session. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988.
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.69, moving +1.95% from the previous trading session. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. It is also important to note the recent changes to analyst estimates for Aaron's Company, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends.
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.69, moving +1.95% from the previous trading session. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. This industry currently has a Zacks Industry Rank of 121, which puts it in the top 49% of all 250+ industries.
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.69, moving +1.95% from the previous trading session. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. In that report, analysts expect Aaron's Company, Inc. to post earnings of $0.18 per share.
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8836.0
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2023-07-26 00:00:00 UTC
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The Aaron's Company, Inc. (AAN) Is a Trending Stock: Facts to Know Before Betting on It
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AAN
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https://www.nasdaq.com/articles/the-aarons-company-inc.-aan-is-a-trending-stock%3A-facts-to-know-before-betting-on-it
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nan
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nan
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this specialty retail have returned +11% over the past month versus the Zacks S&P 500 composite's +5.1% change. The Zacks Consumer Services - Miscellaneous industry, to which Aaron's belongs, has gained 6.5% over this period. Now the key question is: Where could the stock be headed in the near term?
Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision.
Revisions to Earnings Estimates
Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.
Aaron's is expected to post earnings of $0.18 per share for the current quarter, representing a year-over-year change of -77.2%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
The consensus earnings estimate of $1.21 for the current fiscal year indicates a year-over-year change of -41.6%. This estimate has changed +0.9% over the last 30 days.
For the next fiscal year, the consensus earnings estimate of $1.38 indicates a change of +13.8% from what Aaron's is expected to report a year ago. Over the past month, the estimate has remained unchanged.
Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Aaron's is rated Zacks Rank #3 (Hold).
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial.
In the case of Aaron's, the consensus sales estimate of $540.91 million for the current quarter points to a year-over-year change of -11.4%. The $2.21 billion and $2.27 billion estimates for the current and next fiscal years indicate changes of -1.7% and +2.8%, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $554.36 million in the last reported quarter, representing a year-over-year change of +21.6%. EPS of $0.66 for the same period compares with $0.87 a year ago.
Compared to the Zacks Consensus Estimate of $552.83 million, the reported revenues represent a surprise of +0.28%. The EPS surprise was +135.71%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
Valuation
Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Bottom Line
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Top 5 ChatGPT Stocks Revealed
Zacks Senior Stock Strategist, Kevin Cook names 5 hand-picked stocks with sky-high growth potential in a brilliant sector of Artificial Intelligence. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion.
Today you can invest in the wave of the future, an automation that answers follow-up questions … admits mistakes … challenges incorrect premises … rejects inappropriate requests. As one of the selected companies puts it, “Automation frees people from the mundane so they can accomplish the miraculous.”
Download Free ChatGPT Stock Report Right Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. For the next fiscal year, the consensus earnings estimate of $1.38 indicates a change of +13.8% from what Aaron's is expected to report a year ago.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. And if earnings estimates go up for a company, the fair value for its stock goes up.
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8837.0
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2023-07-18 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Outpaces Stock Market Gains: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-outpaces-stock-market-gains%3A-what-you-should-know-0
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.31, moving +1.46% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.71%. Elsewhere, the Dow gained 1.06%, while the tech-heavy Nasdaq added 4.62%.
Coming into today, shares of the specialty retail had gained 13.29% in the past month. In that same time, the Consumer Discretionary sector lost 0.24%, while the S&P 500 gained 2.65%.
Aaron's Company, Inc. will be looking to display strength as it nears its next earnings release, which is expected to be July 31, 2023. The company is expected to report EPS of $0.18, down 77.22% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $540.91 million, down 11.38% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.21 per share and revenue of $2.21 billion, which would represent changes of -41.55% and -1.73%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Aaron's Company, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.87% higher. Aaron's Company, Inc. is currently sporting a Zacks Rank of #3 (Hold).
In terms of valuation, Aaron's Company, Inc. is currently trading at a Forward P/E ratio of 12.44. This represents a discount compared to its industry's average Forward P/E of 14.27.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 121, which puts it in the top 49% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.31, moving +1.46% from the previous trading session. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $540.91 million, down 11.38% from the year-ago period.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.31, moving +1.46% from the previous trading session. For the full year, our Zacks Consensus Estimates are projecting earnings of $1.21 per share and revenue of $2.21 billion, which would represent changes of -41.55% and -1.73%, respectively, from the prior year.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.31, moving +1.46% from the previous trading session. This industry currently has a Zacks Industry Rank of 121, which puts it in the top 49% of all 250+ industries.
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Aaron's Company, Inc. (AAN) closed the most recent trading day at $15.31, moving +1.46% from the previous trading session. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Within the past 30 days, our consensus EPS projection has moved 0.87% higher.
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8838.0
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2023-07-14 00:00:00 UTC
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Investors Heavily Search The Aaron's Company, Inc. (AAN): Here is What You Need to Know
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AAN
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https://www.nasdaq.com/articles/investors-heavily-search-the-aarons-company-inc.-aan%3A-here-is-what-you-need-to-know
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nan
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Over the past month, shares of this specialty retail have returned +10.2%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Consumer Services - Miscellaneous industry, which Aaron's falls in, has gained 3.3%. The key question now is: What could be the stock's future direction?
While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.
Revisions to Earnings Estimates
Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings.
Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account. When earnings estimates for a company go up, the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in its price moving upward. Because of this, empirical studies indicate a strong correlation between trends in earnings estimate revisions and short-term stock price movements.
Aaron's is expected to post earnings of $0.17 per share for the current quarter, representing a year-over-year change of -78.5%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
For the current fiscal year, the consensus earnings estimate of $1.20 points to a change of -42% from the prior year. Over the last 30 days, this estimate has remained unchanged.
For the next fiscal year, the consensus earnings estimate of $1.38 indicates a change of +14.8% from what Aaron's is expected to report a year ago. Over the past month, the estimate has remained unchanged.
With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Aaron's.
The chart below shows the evolution of the company's forward 12-month consensus EPS estimate:
12 Month EPS
Projected Revenue Growth
While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth.
In the case of Aaron's, the consensus sales estimate of $540.91 million for the current quarter points to a year-over-year change of -11.4%. The $2.21 billion and $2.27 billion estimates for the current and next fiscal years indicate changes of -1.7% and +2.8%, respectively.
Last Reported Results and Surprise History
Aaron's reported revenues of $554.36 million in the last reported quarter, representing a year-over-year change of +21.6%. EPS of $0.66 for the same period compares with $0.87 a year ago.
Compared to the Zacks Consensus Estimate of $552.83 million, the reported revenues represent a surprise of +0.28%. The EPS surprise was +135.71%.
The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period.
Valuation
Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects.
Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is.
As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued.
Aaron's is graded A on this front, indicating that it is trading at a discount to its peers. Click here to see the values of some of the valuation metrics that have driven this grade.
Conclusion
The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Aaron's. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into account.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Projected Revenue Growth While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions.
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Aaron's Company, Inc. (AAN) is one of the stocks most watched by Zacks.com visitors lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. When earnings estimates for a company go up, the fair value for its stock goes up as well.
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8839.0
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2023-07-12 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Outpaces Stock Market Gains: What You Should Know
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AAN
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-outpaces-stock-market-gains%3A-what-you-should-know
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nan
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $14.51, marking a +1.33% move from the previous day. This change outpaced the S&P 500's 0.74% gain on the day. Meanwhile, the Dow gained 0.25%, and the Nasdaq, a tech-heavy index, added 11.47%.
Coming into today, shares of the specialty retail had gained 0.42% in the past month. In that same time, the Consumer Discretionary sector gained 1.26%, while the S&P 500 gained 3.34%.
Wall Street will be looking for positivity from Aaron's Company, Inc. as it approaches its next earnings report date. This is expected to be July 31, 2023. On that day, Aaron's Company, Inc. is projected to report earnings of $0.17 per share, which would represent a year-over-year decline of 78.48%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $540.91 million, down 11.38% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.20 per share and revenue of $2.21 billion, which would represent changes of -42.03% and -1.73%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Aaron's Company, Inc.These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Aaron's Company, Inc. is currently a Zacks Rank #3 (Hold).
Investors should also note Aaron's Company, Inc.'s current valuation metrics, including its Forward P/E ratio of 11.9. This represents a discount compared to its industry's average Forward P/E of 13.38.
The Consumer Services - Miscellaneous industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 113, putting it in the top 45% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
This Little-Known Semiconductor Stock Could Be Your Portfolio’s Hedge Against Inflation
Everyone uses semiconductors. But only a small number of people know what they are and what they do. If you use a smartphone, computer, microwave, digital camera or refrigerator (and that’s just the tip of the iceberg), you have a need for semiconductors. That’s why their importance can’t be overstated and their disruption in the supply chain has such a global effect. But every cloud has a silver lining. Shockwaves to the international supply chain from the global pandemic have unearthed a tremendous opportunity for investors. And today, Zacks' leading stock strategist is revealing the one semiconductor stock that stands to gain the most in a new FREE report. It's yours at no cost and with no obligation.
Yes, I Want to Help Protect My Portfolio Against Inflation >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $14.51, marking a +1.33% move from the previous day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. In the latest trading session, Aaron's Company, Inc. (AAN) closed at $14.51, marking a +1.33% move from the previous day. For the full year, our Zacks Consensus Estimates are projecting earnings of $1.20 per share and revenue of $2.21 billion, which would represent changes of -42.03% and -1.73%, respectively, from the prior year.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. In the latest trading session, Aaron's Company, Inc. (AAN) closed at $14.51, marking a +1.33% move from the previous day. The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
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In the latest trading session, Aaron's Company, Inc. (AAN) closed at $14.51, marking a +1.33% move from the previous day. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. On that day, Aaron's Company, Inc. is projected to report earnings of $0.17 per share, which would represent a year-over-year decline of 78.48%.
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8840.0
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2023-07-11 00:00:00 UTC
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Jefferies Maintains Aarons Company Inc (AAN) Buy Recommendation
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https://www.nasdaq.com/articles/jefferies-maintains-aarons-company-inc-aan-buy-recommendation
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nan
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Fintel reports that on July 11, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation.
Analyst Price Forecast Suggests 1.53% Upside
As of July 6, 2023, the average one-year price target for Aarons Company Inc is 13.99. The forecasts range from a low of 9.39 to a high of $18.90. The average price target represents an increase of 1.53% from its latest reported closing price of 13.78.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aarons Company Inc is 2,386MM, an increase of 1.63%. The projected annual non-GAAP EPS is 1.70.
Aarons Company Inc Declares $0.12 Dividend
On May 3, 2023 the company declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Shareholders of record as of June 15, 2023 received the payment on July 6, 2023. Previously, the company paid $0.12 per share.
At the current share price of $13.78 / share, the stock's dividend yield is 3.63%.
Looking back five years and taking a sample every week, the average dividend yield has been 2.56%, the lowest has been 0.77%, and the highest has been 5.57%. The standard deviation of yields is 1.24 (n=127).
The current dividend yield is 0.86 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -1.30. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is -0.15%.
What is the Fund Sentiment?
There are 430 funds or institutions reporting positions in Aarons Company Inc. This is a decrease of 11 owner(s) or 2.49% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 35.11%. Total shares owned by institutions decreased in the last three months by 0.63% to 32,781K shares.
The put/call ratio of AAN is 1.09, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,312K shares representing 7.48% ownership of the company. In it's prior filing, the firm reported owning 2,320K shares, representing a decrease of 0.36%. The firm decreased its portfolio allocation in AAN by 21.73% over the last quarter.
Palisade Capital Management holds 1,188K shares representing 3.84% ownership of the company. In it's prior filing, the firm reported owning 1,132K shares, representing an increase of 4.68%. The firm decreased its portfolio allocation in AAN by 14.76% over the last quarter.
Lsv Asset Management holds 959K shares representing 3.10% ownership of the company. In it's prior filing, the firm reported owning 861K shares, representing an increase of 10.16%. The firm decreased its portfolio allocation in AAN by 8.49% over the last quarter.
Solas Capital Management holds 931K shares representing 3.01% ownership of the company. In it's prior filing, the firm reported owning 884K shares, representing an increase of 5.05%. The firm decreased its portfolio allocation in AAN by 24.20% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 853K shares representing 2.76% ownership of the company. No change in the last quarter.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
Additional reading:
Aaron's Directors Declare Cash Dividend
The Aaron’s Company, Inc. Reports First Quarter 2023 Financial Results, Updates Full Year Outlook
The Aaron’s Company, Inc. Q1 2023 Earnings Results April 24, 2023 Exhibit 99.2 Special Note Regarding Forward-Looking Information Statements in this presentation regarding our business that are not historical facts are “forward-looking statements” th
Amendment to the Loan Facility Agreement and Guaranty among Aaron's LLC, as the sponsor, The Aaron's Company, Inc., the participants from time to time party thereto and Truist Bank, as servicer, dated February 10, 2023.
First Amendment to Loan Facility Agreement and Guarantee among Aaron's, LLC, as the sponsor, The Aaron's Company, Inc., the participants from time to time party thereto and Truist Bank, as servicer, dated February 23, 2023.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on July 11, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 35.11%. The put/call ratio of AAN is 1.09, indicating a bearish outlook.
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Fintel reports that on July 11, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 35.11%. The put/call ratio of AAN is 1.09, indicating a bearish outlook.
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Fintel reports that on July 11, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 35.11%. The put/call ratio of AAN is 1.09, indicating a bearish outlook.
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Fintel reports that on July 11, 2023, Jefferies maintained coverage of Aarons Company Inc (NYSE:AAN) with a Buy recommendation. Average portfolio weight of all funds dedicated to AAN is 0.06%, a decrease of 35.11%. The put/call ratio of AAN is 1.09, indicating a bearish outlook.
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8841.0
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2023-07-03 00:00:00 UTC
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Validea Detailed Fundamental Analysis - AAN
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AAN
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https://www.nasdaq.com/articles/validea-detailed-fundamental-analysis-aan
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nan
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nan
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Below is Validea's guru fundamental report for AARON'S COMPANY INC (AAN). Of the 22 guru strategies we follow, AAN rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
AARON'S COMPANY INC (AAN) is a small-cap growth stock in the Rental & Leasing industry. The rating using this strategy is 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PRICE/SALES RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
PRICE/RESEARCH RATIO: PASS
PRICE/SALES RATIO: PASS
LONG-TERM EPS GROWTH RATE: FAIL
FREE CASH PER SHARE: PASS
THREE YEAR AVERAGE NET PROFIT MARGIN: FAIL
Detailed Analysis of AARON'S COMPANY INC
AAN Guru Analysis
AAN Fundamental Analysis
More Information on Kenneth Fisher
Kenneth Fisher Portfolio
About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink.
Additional Research Links
Top Large-Cap Growth Stocks
Factor-Based Stock Portfolios
Dividend Aristocrats 2023
High Insider Ownership Stocks
Top S&P 500 Stocks
Excess Returns Investing Podcast
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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AARON'S COMPANY INC (AAN) is a small-cap growth stock in the Rental & Leasing industry. Below is Validea's guru fundamental report for AARON'S COMPANY INC (AAN). Of the 22 guru strategies we follow, AAN rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.
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Below is Validea's guru fundamental report for AARON'S COMPANY INC (AAN). Detailed Analysis of AARON'S COMPANY INC AAN Guru Analysis AAN Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. Of the 22 guru strategies we follow, AAN rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.
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Of the 22 guru strategies we follow, AAN rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher. Detailed Analysis of AARON'S COMPANY INC AAN Guru Analysis AAN Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. Below is Validea's guru fundamental report for AARON'S COMPANY INC (AAN).
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Below is Validea's guru fundamental report for AARON'S COMPANY INC (AAN). Detailed Analysis of AARON'S COMPANY INC AAN Guru Analysis AAN Fundamental Analysis More Information on Kenneth Fisher Kenneth Fisher Portfolio About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. Of the 22 guru strategies we follow, AAN rates highest using our Price/Sales Investor model based on the published strategy of Kenneth Fisher.
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8842.0
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2023-07-03 00:00:00 UTC
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Overstock Looks Beyond Overbought After Bed Bath Re-Brand
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AAN
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https://www.nasdaq.com/articles/overstock-looks-beyond-overbought-after-bed-bath-re-brand
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nan
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nan
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What do online home furnisher Overstock.com, Inc. (NASDAQ:OSTK) and clothing retailer Burlington Stores have in common? Both are turning to the bankrupt Bed Bath & Beyond to generate inexpensive growth.
In the case of Burlington, it’s 50 shuttered Bed Bath & Beyond locations to drive brick-and-mortar expansion. For Overstock, it's about much more.
Last week, the struggling e-commerce challenger announced that it acquired the Bed Bath & Beyond website, customer database and other digital assets for $21.5 million in cash. Assets related to Bed Bath’s physical retail footprint were excluded from the deal.
The bold move will also see Overstock take on the well-known Bed Bath & Beyond name. The company plans to re-launch new websites, mobile apps and loyalty programs in the U.S. and Canada in the coming weeks.
The news helped Overstock.com finish the week in style on a 27.5% two-day run. After surging 61% in the second quarter, the stock is now a top 100 Russell 2000 performer in 2023.
The unlikely ascent comes after Overstock reported a seventh consecutive period of lower sales and a net loss in the first quarter. Tucked away in the Bed Bath & Beyond press release was a preview of the second quarter financials. Due to weak consumer sentiment and promotional activity, Q2 sales are estimated to have declined “in the low-20% range” compared to last year.
Blaming the tough macro backdrop has some merit. Consumers are simply spending less on big-ticket items. But there are two reasons for concern: 1) June consumer sentiment came in higher than expected and is up 28% year-over-year and 2) some home furnishing peers are growing. In Q1, fellow small caps Aarons and Arhaus each grew their sales more than 20%.
These suggest Overstock’s underperformance is about more than the economy. In the highly competitive furniture market, Overstock.com just isn’t a strong name in consumers’ minds — hence the re-branding. But switching to a Bed Bath & Beyond brand that former shoppers may associate with bankruptcy (a.k.a. failure) could fall short, if not backfire.
How Did Wall Street React to the Overstock News?
Wall Street research groups have thus far had mixed reviews of the digital Bed Bath & Beyond shift. Barclays stuck with its Hold rating and gave Overstock a $19 price target. Considering this represents more than 40% downside from Friday’s close, a Sell may be more fitting.
Jeffries also took a neutral stance but, in recognition of the new brand's value, raised its target to $32. This implies that the news is already fully baked into the share price. Wedbush struck a bullish tone in reiterating Buy, but its accompanying $34 target is far from bullish.
At the extreme other end, D.A. Davidson gave Overstock an outlandish $92 target that suggests the stock will nearly triple from here. It’s unclear to what extent traders used this information during the high volume run up, but chances are this had a significant impact. The D.A. Davidson analyst has a strong track record in e-commerce following well-timed calls on Shopify, Etsy and Fitbit.
Is Overstock.com Technically Overbought?
On the daily chart, Overstock’s relative strength indicator (RSI) reading of 79 is the highest it has been since November 2021. This marked the stock’s final days above $100 before dropping as low as $17. Not a great precedent.
Nor is the fact that Overstock outstretched its upper Bollinger band by 10% on Friday. Similar breaches in the post-pandemic era have been followed by steady downturns. Friday’s trading volume being half what it was on Thursday also suggests the rally may soon fizzle.
With this said Overstock is now dangerously close to its 250-day resistance level of $33.90. If it can break through that line with conviction, a move to the $40’s and ‘beyond’ is plausible. Volume will need to be heavy, however, to believe that can happen.
While the re-branding news sparked enthusiasm for Overstock shares, it will ultimately have to translate to stronger sales and profits. Until the fundamentals improve drastically, the news will amount to a PR gimmick.
Get the loofah ready. Investors that chase the stock here could take a bath.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Last week, the struggling e-commerce challenger announced that it acquired the Bed Bath & Beyond website, customer database and other digital assets for $21.5 million in cash. Due to weak consumer sentiment and promotional activity, Q2 sales are estimated to have declined “in the low-20% range” compared to last year. But there are two reasons for concern: 1) June consumer sentiment came in higher than expected and is up 28% year-over-year and 2) some home furnishing peers are growing.
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What do online home furnisher Overstock.com, Inc. (NASDAQ:OSTK) and clothing retailer Burlington Stores have in common? Barclays stuck with its Hold rating and gave Overstock a $19 price target. Davidson gave Overstock an outlandish $92 target that suggests the stock will nearly triple from here.
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The bold move will also see Overstock take on the well-known Bed Bath & Beyond name. Davidson gave Overstock an outlandish $92 target that suggests the stock will nearly triple from here. While the re-branding news sparked enthusiasm for Overstock shares, it will ultimately have to translate to stronger sales and profits.
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For Overstock, it's about much more. The bold move will also see Overstock take on the well-known Bed Bath & Beyond name. Davidson gave Overstock an outlandish $92 target that suggests the stock will nearly triple from here.
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8843.0
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2023-06-28 00:00:00 UTC
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Is Aaron's (AAN) Stock Outpacing Its Consumer Discretionary Peers This Year?
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AAN
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https://www.nasdaq.com/articles/is-aarons-aan-stock-outpacing-its-consumer-discretionary-peers-this-year
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nan
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nan
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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Aaron's Company, Inc. (AAN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Aaron's Company, Inc. is a member of our Consumer Discretionary group, which includes 276 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aaron's Company, Inc. is currently sporting a Zacks Rank of #1 (Strong Buy).
Over the past 90 days, the Zacks Consensus Estimate for AAN's full-year earnings has moved 31.2% higher. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, AAN has gained about 16% so far this year. At the same time, Consumer Discretionary stocks have gained an average of 10.7%. This means that Aaron's Company, Inc. is performing better than its sector in terms of year-to-date returns.
One other Consumer Discretionary stock that has outperformed the sector so far this year is Brunswick (BC). The stock is up 15.8% year-to-date.
In Brunswick's case, the consensus EPS estimate for the current year increased 0.5% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Breaking things down more, Aaron's Company, Inc. is a member of the Consumer Services - Miscellaneous industry, which includes 14 individual companies and currently sits at #62 in the Zacks Industry Rank. On average, this group has lost an average of 6.5% so far this year, meaning that AAN is performing better in terms of year-to-date returns.
On the other hand, Brunswick belongs to the Leisure and Recreation Products industry. This 21-stock industry is currently ranked #196. The industry has moved +20.6% year to date.
Investors with an interest in Consumer Discretionary stocks should continue to track Aaron's Company, Inc. and Brunswick. These stocks will be looking to continue their solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Brunswick Corporation (BC) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Has Aaron's Company, Inc. (AAN) been one of those stocks this year? Over the past 90 days, the Zacks Consensus Estimate for AAN's full-year earnings has moved 31.2% higher. Based on the latest available data, AAN has gained about 16% so far this year.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Brunswick Corporation (BC) : Free Stock Analysis Report To read this article on Zacks.com click here. Has Aaron's Company, Inc. (AAN) been one of those stocks this year? Over the past 90 days, the Zacks Consensus Estimate for AAN's full-year earnings has moved 31.2% higher.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Brunswick Corporation (BC) : Free Stock Analysis Report To read this article on Zacks.com click here. Has Aaron's Company, Inc. (AAN) been one of those stocks this year? Over the past 90 days, the Zacks Consensus Estimate for AAN's full-year earnings has moved 31.2% higher.
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Has Aaron's Company, Inc. (AAN) been one of those stocks this year? Over the past 90 days, the Zacks Consensus Estimate for AAN's full-year earnings has moved 31.2% higher. Based on the latest available data, AAN has gained about 16% so far this year.
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8844.0
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2023-06-27 00:00:00 UTC
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New Strong Buy Stocks for June 27th
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AAN
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https://www.nasdaq.com/articles/new-strong-buy-stocks-for-june-27th-0
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nan
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nan
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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:
The Aaron's Company, Inc. AAN: This company which is an omnichannel provider of lease-to-own (“LTO) and purchase solutions, mainly to underserved and credit-challenged customers, has seen the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days.
The Aaron's Company, Inc. Price and Consensus
The Aaron's Company, Inc. price-consensus-chart | The Aaron's Company, Inc. Quote
Panasonic Holdings Corporation PCRFY: This company which engages in development and manufacture of electronic products for a wide range of consumer, business, and industrial needs, has seen the Zacks Consensus Estimate for its current year earnings increasing 26% over the last 60 days.
Panasonic Corp. Price and Consensus
Panasonic Corp. price-consensus-chart | Panasonic Corp. Quote
Diversified Healthcare Trust DHC: This healthcare Real Estate Investment Trust which owns office buildings leased to medical providers, medical related businesses, clinics and biotech laboratory tenants and senior living communities as well as wellness centers, has seen the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.
Diversified Healthcare Trust Price and Consensus
Diversified Healthcare Trust price-consensus-chart | Diversified Healthcare Trust Quote
AptarGroup ATR:This company which is a global supplier of a broad range of innovative dispensing, sealing, and active packaging solutions, has seen the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.
AptarGroup, Inc. Price and Consensus
AptarGroup, Inc. price-consensus-chart | AptarGroup, Inc. Quote
Casey's General Stores, Inc. CASY: This company which operates convenience stores under the Casey's and Casey's General Store names in 16 Midwestern states, mainly Iowa, Missouri and Illinois, has seen the Zacks Consensus Estimate for its current year earnings increasing 5.4% over the last 60 days.
Casey's General Stores, Inc. Price and Consensus
Casey's General Stores, Inc. price-consensus-chart | Casey's General Stores, Inc. Quote
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
AptarGroup, Inc. (ATR) : Free Stock Analysis Report
Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report
Panasonic Corp. (PCRFY) : Free Stock Analysis Report
Diversified Healthcare Trust (DHC) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The Aaron's Company, Inc. AAN: This company which is an omnichannel provider of lease-to-own (“LTO) and purchase solutions, mainly to underserved and credit-challenged customers, has seen the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report AptarGroup, Inc. (ATR) : Free Stock Analysis Report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Diversified Healthcare Trust (DHC) : Free Stock Analysis Report To read this article on Zacks.com click here. Panasonic Corp. Price and Consensus Panasonic Corp. price-consensus-chart | Panasonic Corp. Quote Diversified Healthcare Trust DHC: This healthcare Real Estate Investment Trust which owns office buildings leased to medical providers, medical related businesses, clinics and biotech laboratory tenants and senior living communities as well as wellness centers, has seen the Zacks Consensus Estimate for its current year earnings increasing 11.8% over the last 60 days.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report AptarGroup, Inc. (ATR) : Free Stock Analysis Report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Diversified Healthcare Trust (DHC) : Free Stock Analysis Report To read this article on Zacks.com click here. Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The Aaron's Company, Inc. AAN: This company which is an omnichannel provider of lease-to-own (“LTO) and purchase solutions, mainly to underserved and credit-challenged customers, has seen the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. Diversified Healthcare Trust Price and Consensus Diversified Healthcare Trust price-consensus-chart | Diversified Healthcare Trust Quote AptarGroup ATR:This company which is a global supplier of a broad range of innovative dispensing, sealing, and active packaging solutions, has seen the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report AptarGroup, Inc. (ATR) : Free Stock Analysis Report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Diversified Healthcare Trust (DHC) : Free Stock Analysis Report To read this article on Zacks.com click here. Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The Aaron's Company, Inc. AAN: This company which is an omnichannel provider of lease-to-own (“LTO) and purchase solutions, mainly to underserved and credit-challenged customers, has seen the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. The Aaron's Company, Inc. Price and Consensus The Aaron's Company, Inc. price-consensus-chart | The Aaron's Company, Inc. Quote Panasonic Holdings Corporation PCRFY: This company which engages in development and manufacture of electronic products for a wide range of consumer, business, and industrial needs, has seen the Zacks Consensus Estimate for its current year earnings increasing 26% over the last 60 days.
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Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: The Aaron's Company, Inc. AAN: This company which is an omnichannel provider of lease-to-own (“LTO) and purchase solutions, mainly to underserved and credit-challenged customers, has seen the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report AptarGroup, Inc. (ATR) : Free Stock Analysis Report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Diversified Healthcare Trust (DHC) : Free Stock Analysis Report To read this article on Zacks.com click here. Diversified Healthcare Trust Price and Consensus Diversified Healthcare Trust price-consensus-chart | Diversified Healthcare Trust Quote AptarGroup ATR:This company which is a global supplier of a broad range of innovative dispensing, sealing, and active packaging solutions, has seen the Zacks Consensus Estimate for its current year earnings increasing 8% over the last 60 days.
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8845.0
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2023-06-27 00:00:00 UTC
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Best Income Stocks to Buy for June 27th
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AAN
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https://www.nasdaq.com/articles/best-income-stocks-to-buy-for-june-27th-0
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nan
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nan
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Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 27th:
Global Ship Lease, Inc. GSL: This container ship leasing company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.
Global Ship Lease, Inc. Price and Consensus
Global Ship Lease, Inc. price-consensus-chart | Global Ship Lease, Inc. Quote
This Zacks Rank #1 company has a dividend yield of nearly 8%, compared with the industry average of 3.2%.
Global Ship Lease, Inc. Dividend Yield (TTM)
Global Ship Lease, Inc. dividend-yield-ttm | Global Ship Lease, Inc. Quote
The Aaron's Company, Inc. AAN: This company which provides lease-to-own and retail purchase solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days.
The Aaron's Company, Inc. Price and Consensus
The Aaron's Company, Inc. price-consensus-chart | The Aaron's Company, Inc. Quote
This Zacks Rank #1 company has a dividend yield of nearly 4%, compared with the industry average of 0.0%
The Aaron's Company, Inc. Dividend Yield (TTM)
The Aaron's Company, Inc. dividend-yield-ttm | The Aaron's Company, Inc. Quote
Panasonic Holdings Corporation PCRFY: This electronic products company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.1% over the last 60 days.
Panasonic Corp. Price and Consensus
Panasonic Corp. price-consensus-chart | Panasonic Corp. Quote
This Zacks Rank #1 company has a dividend yield of 1.4%, compared with the industry average of 0.0%.
Panasonic Corp. Dividend Yield (TTM)
Panasonic Corp. dividend-yield-ttm | Panasonic Corp. Quote
See the full list of top ranked stocks here.
Find more top income stocks with some of our great premium screens.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Panasonic Corp. (PCRFY) : Free Stock Analysis Report
Global Ship Lease, Inc. (GSL) : Free Stock Analysis Report
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Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Global Ship Lease, Inc. Dividend Yield (TTM) Global Ship Lease, Inc. dividend-yield-ttm | Global Ship Lease, Inc. Quote The Aaron's Company, Inc. AAN: This company which provides lease-to-own and retail purchase solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Global Ship Lease, Inc. (GSL) : Free Stock Analysis Report To read this article on Zacks.com click here. Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 27th: Global Ship Lease, Inc. GSL: This container ship leasing company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.
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Global Ship Lease, Inc. Dividend Yield (TTM) Global Ship Lease, Inc. dividend-yield-ttm | Global Ship Lease, Inc. Quote The Aaron's Company, Inc. AAN: This company which provides lease-to-own and retail purchase solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Global Ship Lease, Inc. (GSL) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. Price and Consensus The Aaron's Company, Inc. price-consensus-chart | The Aaron's Company, Inc. Quote This Zacks Rank #1 company has a dividend yield of nearly 4%, compared with the industry average of 0.0% The Aaron's Company, Inc. Dividend Yield (TTM) The Aaron's Company, Inc. dividend-yield-ttm | The Aaron's Company, Inc. Quote Panasonic Holdings Corporation PCRFY: This electronic products company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.1% over the last 60 days.
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Global Ship Lease, Inc. Dividend Yield (TTM) Global Ship Lease, Inc. dividend-yield-ttm | Global Ship Lease, Inc. Quote The Aaron's Company, Inc. AAN: This company which provides lease-to-own and retail purchase solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Global Ship Lease, Inc. (GSL) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. Price and Consensus The Aaron's Company, Inc. price-consensus-chart | The Aaron's Company, Inc. Quote This Zacks Rank #1 company has a dividend yield of nearly 4%, compared with the industry average of 0.0% The Aaron's Company, Inc. Dividend Yield (TTM) The Aaron's Company, Inc. dividend-yield-ttm | The Aaron's Company, Inc. Quote Panasonic Holdings Corporation PCRFY: This electronic products company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 21.1% over the last 60 days.
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Global Ship Lease, Inc. Dividend Yield (TTM) Global Ship Lease, Inc. dividend-yield-ttm | Global Ship Lease, Inc. Quote The Aaron's Company, Inc. AAN: This company which provides lease-to-own and retail purchase solutions has witnessed the Zacks Consensus Estimate for its current year earnings increasing 31.9% over the last 60 days. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Panasonic Corp. (PCRFY) : Free Stock Analysis Report Global Ship Lease, Inc. (GSL) : Free Stock Analysis Report To read this article on Zacks.com click here. Here are three stocks with buy rank and strong income characteristics for investors to consider today, June 27th: Global Ship Lease, Inc. GSL: This container ship leasing company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.9% over the last 60 days.
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8846.0
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2023-06-22 00:00:00 UTC
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Should Value Investors Buy Aaron's (AAN) Stock?
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https://www.nasdaq.com/articles/should-value-investors-buy-aarons-aan-stock-0
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 10.40 right now. For comparison, its industry sports an average P/E of 11.16. Over the past 52 weeks, AAN's Forward P/E has been as high as 12.83 and as low as 4.30, with a median of 7.26.
Value investors also frequently use the P/S ratio. This metric is found by dividing a stock's price with the company's revenue. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. AAN has a P/S ratio of 0.18. This compares to its industry's average P/S of 0.47.
Another great Consumer Services - Miscellaneous stock you could consider is SP Plus (SP), which is a # 2 (Buy) stock with a Value Score of A.
SP Plus also has a P/B ratio of 3.31 compared to its industry's price-to-book ratio of 4.35. Over the past year, its P/B ratio has been as high as 3.58, as low as 2.82, with a median of 3.19.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Aaron's and SP Plus are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AAN and SP feels like a great value stock at the moment.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
SP Plus Corporation (SP) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Considering this, as well as the strength of its earnings outlook, AAN and SP feels like a great value stock at the moment. One company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. One company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report SP Plus Corporation (SP) : Free Stock Analysis Report To read this article on Zacks.com click here. One company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
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One company to watch right now is Aaron's (AAN). AAN has a P/S ratio of 0.18. AAN is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.
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8847.0
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2023-06-14 00:00:00 UTC
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Don't Overlook These Consumer-Centric Stocks it's Time to Buy
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AAN
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https://www.nasdaq.com/articles/dont-overlook-these-consumer-centric-stocks-its-time-to-buy
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nan
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Easing inflation is starting to make global economic headwinds subside and could lead to stronger consumers. Several consumer staples and consumer discretionary stocks are becoming more attractive and worthy of investors’ consideration.
Here are three consumer-focused stocks that investors may want to consider as they offer diversity to consumers in a variety of global markets.
Aaron’s (AAN)
Landing a Zacks Rank #2 (Buy) Aaron’s Company is worth a look as an Atlanta-based omnichannel provider of lease-to-own purchase solutions to underserved and credit-challenged customers. Aaron’s provides lease ownership and specialty retailing of furniture, home appliances, electronics, and computers among other products and accessories.
With inflation beginning to ease earnings estimates are noticeably higher and Aaron’s price to earnings valuation is starting to stand out. Trading at $13 a share, fiscal 2023 earnings estimates have soared 33% over the last two months to $1.20 per share compared to $0.90 a share 60 days ago.
Furthermore, Aaron’s stock trades at 11.8X forward earnings which is slightly beneath its industry average of 12.5X and well below the S&P 500’s 20.3X. More intriguing, Aaron’s appears to be in good financial health when looking at price to cash flow. Aaron’s P/CF of 0.67 is well below the optimum level of less than 20 and the industry average of 9.86.
Image Source: Zacks Investment Research
Ahold (ADRNY)
Based in the Netherlands, Ahold stock also sports a Zacks Rank #2 (Buy) with the company operating retail stores that offer food and non-food products in the United States and Europe.
Trading at $32 a share, Ahold’s top and bottom-line growth is steady with earnings estimates slightly up over the last two months. Ahold’s earnings are now forecasted to be up 4% this year and rise another 6% in FY24 at $2.95 per share.
At current levels, Ahold trades at 11.4X forward earnings which is nicely beneath the industry average of 17.2X and the benchmark. On the top line, sales are projected to jump 8% in FY23 and rise another 2% in FY24 to $100.82 billion.
Image Source: Zacks Investment Research
Embotelladora Andina (AKO.B)
Lastly, Embotelladora Andina stock currently sports a Zacks Rank #1 (Strong Buy) with the company distributing Coca-Cola products in Chile, Brazil, and Argentina. Through subsidiaries, Embotelladora also produces pet packaging and distributes juice and mineral water along with canned fruits and tomato products.
At $15 a share, Embotelladora’s EPS growth is very attractive at the moment with earnings forecasted to soar 58% this year at $1.39 per share compared to EPS of $0.88 in 2022. Fiscal 2024 earnings are expected to jump another 19% at $1.66 per share.
Even better, Embotelladora’s stock trades at just 10.7X forward earnings which is a considerable discount to its industry average of 23.5X and the benchmark’s 20.3X.
Image Source: Zacks Investment Research
Bottom Line
At the moment these stocks have an overall “A” VGM Zacks Style Scores grade for the combination of Value, Growth, and Momentum. With these consumer-centric stocks especially standing out in terms of value now appears to be a good time to buy as global economic conditions stabilize and inflation eases.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Embotelladora Andina S.A. (AKO.B) : Free Stock Analysis Report
Ahold NV (ADRNY) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron’s (AAN) Landing a Zacks Rank #2 (Buy) Aaron’s Company is worth a look as an Atlanta-based omnichannel provider of lease-to-own purchase solutions to underserved and credit-challenged customers. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Embotelladora Andina S.A. (AKO.B) : Free Stock Analysis Report Ahold NV (ADRNY) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron’s provides lease ownership and specialty retailing of furniture, home appliances, electronics, and computers among other products and accessories.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Embotelladora Andina S.A. (AKO.B) : Free Stock Analysis Report Ahold NV (ADRNY) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron’s (AAN) Landing a Zacks Rank #2 (Buy) Aaron’s Company is worth a look as an Atlanta-based omnichannel provider of lease-to-own purchase solutions to underserved and credit-challenged customers. Image Source: Zacks Investment Research Embotelladora Andina (AKO.B) Lastly, Embotelladora Andina stock currently sports a Zacks Rank #1 (Strong Buy) with the company distributing Coca-Cola products in Chile, Brazil, and Argentina.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Embotelladora Andina S.A. (AKO.B) : Free Stock Analysis Report Ahold NV (ADRNY) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron’s (AAN) Landing a Zacks Rank #2 (Buy) Aaron’s Company is worth a look as an Atlanta-based omnichannel provider of lease-to-own purchase solutions to underserved and credit-challenged customers. Image Source: Zacks Investment Research Ahold (ADRNY) Based in the Netherlands, Ahold stock also sports a Zacks Rank #2 (Buy) with the company operating retail stores that offer food and non-food products in the United States and Europe.
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Aaron’s (AAN) Landing a Zacks Rank #2 (Buy) Aaron’s Company is worth a look as an Atlanta-based omnichannel provider of lease-to-own purchase solutions to underserved and credit-challenged customers. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Embotelladora Andina S.A. (AKO.B) : Free Stock Analysis Report Ahold NV (ADRNY) : Free Stock Analysis Report To read this article on Zacks.com click here. Trading at $32 a share, Ahold’s top and bottom-line growth is steady with earnings estimates slightly up over the last two months.
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8848.0
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2023-06-08 00:00:00 UTC
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Is Aaron's (AAN) Outperforming Other Consumer Discretionary Stocks This Year?
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https://www.nasdaq.com/articles/is-aarons-aan-outperforming-other-consumer-discretionary-stocks-this-year
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The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Aaron's Company, Inc. (AAN) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.
Aaron's Company, Inc. is a member of our Consumer Discretionary group, which includes 276 different companies and currently sits at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Aaron's Company, Inc. is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for AAN's full-year earnings has moved 34.6% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
Based on the latest available data, AAN has gained about 22.4% so far this year. At the same time, Consumer Discretionary stocks have gained an average of 9.5%. This means that Aaron's Company, Inc. is performing better than its sector in terms of year-to-date returns.
Another stock in the Consumer Discretionary sector, B&M European Value Retail SA Unsponsored ADR (BMRRY), has outperformed the sector so far this year. The stock's year-to-date return is 34%.
For B&M European Value Retail SA Unsponsored ADR, the consensus EPS estimate for the current year has increased 2.7% over the past three months. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Aaron's Company, Inc. belongs to the Consumer Services - Miscellaneous industry, a group that includes 14 individual stocks and currently sits at #103 in the Zacks Industry Rank. On average, stocks in this group have lost 5.4% this year, meaning that AAN is performing better in terms of year-to-date returns.
In contrast, B&M European Value Retail SA Unsponsored ADR falls under the Consumer Products - Discretionary industry. Currently, this industry has 26 stocks and is ranked #204. Since the beginning of the year, the industry has moved -7.1%.
Aaron's Company, Inc. and B&M European Value Retail SA Unsponsored ADR could continue their solid performance, so investors interested in Consumer Discretionary stocks should continue to pay close attention to these stocks.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
B&M European Value Retail SA Unsponsored ADR (BMRRY) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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On average, stocks in this group have lost 5.4% this year, meaning that AAN is performing better in terms of year-to-date returns. Is Aaron's Company, Inc. (AAN) one of those stocks right now? The Zacks Consensus Estimate for AAN's full-year earnings has moved 34.6% higher within the past quarter.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report B&M European Value Retail SA Unsponsored ADR (BMRRY) : Free Stock Analysis Report To read this article on Zacks.com click here. Is Aaron's Company, Inc. (AAN) one of those stocks right now? The Zacks Consensus Estimate for AAN's full-year earnings has moved 34.6% higher within the past quarter.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report B&M European Value Retail SA Unsponsored ADR (BMRRY) : Free Stock Analysis Report To read this article on Zacks.com click here. Is Aaron's Company, Inc. (AAN) one of those stocks right now? The Zacks Consensus Estimate for AAN's full-year earnings has moved 34.6% higher within the past quarter.
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Is Aaron's Company, Inc. (AAN) one of those stocks right now? The Zacks Consensus Estimate for AAN's full-year earnings has moved 34.6% higher within the past quarter. Based on the latest available data, AAN has gained about 22.4% so far this year.
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8849.0
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2023-06-06 00:00:00 UTC
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Factors Setting the Tone for Vail Resorts' (MTN) Q3 Earnings
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https://www.nasdaq.com/articles/factors-setting-the-tone-for-vail-resorts-mtn-q3-earnings
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Vail Resorts, Inc. MTN is scheduled to report third-quarter fiscal 2023 results on Jun 8 after the closing bell. In the last reported quarter, the company recorded a negative earnings surprise of 16.6%.
How are Estimates Placed?
The Zacks Consensus Estimate for fiscal third-quarter earnings per share (EPS) is pegged at $8.88, indicating a decline of 3.1% from $9.16 reported in the year-ago quarter.
For revenues, the consensus mark is pegged at nearly $1,246 million. The metric suggests an increase of 5.9% from the year-ago quarter’s figure.
Vail Resorts, Inc. Price and EPS Surprise
Vail Resorts, Inc. price-eps-surprise | Vail Resorts, Inc. Quote
Let's take a look at how things have shaped up in the quarter.
Factors at Play
Vail Resorts’ first-quarter fiscal 2023 performance is likely to have reflected solid contributions from the 2022-2023 North American ski season. On Apr 21, 2023, the company provided a business update, thereby reporting strength in destination visitation and solid lift ticket sales at all North American destination mountain resorts and regional ski areas (including the results of Seven Springs, Hidden Valley and Laurel Mountain). Also, it reported growth in its ancillary businesses on account of improved staffing levels and the relaxation of COVID-19 induced operational restrictions.
Season-to-date (through Apr 16, 2023), total skier visits increased 6.1% compared with the prior-year season-to-date period’s (Apr 17, 2022) levels. Strong demand from local and destination guests and improved conditions at Northeastern U.S. resorts contributed to a rise in visitation compared with the prior-year period’s levels. Lift ticket revenues (including an allocated portion of season pass revenues for each applicable period) increased 4% compared with the prior year’s season-to-date period’s levels. Ski school and dining revenues rallied 26.4% and 35.3%, respectively, on a year-over-year basis. Retail/rental revenues for North American resort and ski area store locations increased 21.8% compared with the prior-year season-to-date period’s figure.
The emphasis on strategic investments (in expansion projects and network-wide scalable technology) and offerings (such as Epic Pass, Epic Local Pass, Epic Day Pass and Epic Coverage products) are likely to have aided the company’s performance in the fiscal third quarter.
However, abnormal weather variability across its resorts (in the East) and significant storm related disruptions at our Tahoe resorts are likely to have affected the company’s operations in the fiscal third quarter. Rise in operating expenses are likely to have dented margins in the to-be-reported quarter. For the fiscal third quarter, our model predicts total lodging operating expenses to rise 9% year over year to $84.3 million. We expect total mountain operating expense to rise 8.7% year over year to $531.3 million.
What Our Model Says
Our proven model does not conclusively predict an earnings beat for Vail Resorts this time. A stock needs to have a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) to beat earnings. However, that's not the case here.
Earnings ESP: Vail Resorts has an Earnings ESP of -2.54%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: The company has a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.
Stocks Poised to Beat Earnings Estimates
Here are some stocks from the Zacks Consumer Discretionary sector that investors may consider as our model shows that these have the right combination of elements to post an earnings beat.
The Aaron's Company, Inc. AAN has an Earnings ESP of +2.00% and a Zacks Rank #2.
Shares of Aaron’s have declined 32.4% in the past year. AAN’s earnings surpassed the consensus mark in all of the trailing four quarters, the average being 199.8%.
Deckers Outdoor Corporation DECK has an Earnings ESP of +1.24% and a Zacks Rank of 3.
Shares of Deckers have increased 78.3% in the past year. DECK’s earnings surpassed the consensus mark in all of the trailing four quarters, the average being 17.7%.
Hyatt Hotels Corporation H has an Earnings ESP of +1.15% and a Zacks Rank #3.
Shares of Hyatt have gained 21.6% in the past year. H’s earnings surpassed the consensus mark thrice in the trailing four quarters and missed once, the average surprise being 1,372.6%.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Hyatt Hotels Corporation (H) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report
Vail Resorts, Inc. (MTN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN has an Earnings ESP of +2.00% and a Zacks Rank #2. AAN’s earnings surpassed the consensus mark in all of the trailing four quarters, the average being 199.8%. Click to get this free report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Vail Resorts, Inc. (MTN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Vail Resorts, Inc. (MTN) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN has an Earnings ESP of +2.00% and a Zacks Rank #2. AAN’s earnings surpassed the consensus mark in all of the trailing four quarters, the average being 199.8%.
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Click to get this free report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Vail Resorts, Inc. (MTN) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN has an Earnings ESP of +2.00% and a Zacks Rank #2. AAN’s earnings surpassed the consensus mark in all of the trailing four quarters, the average being 199.8%.
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The Aaron's Company, Inc. AAN has an Earnings ESP of +2.00% and a Zacks Rank #2. AAN’s earnings surpassed the consensus mark in all of the trailing four quarters, the average being 199.8%. Click to get this free report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Deckers Outdoor Corporation (DECK) : Free Stock Analysis Report Vail Resorts, Inc. (MTN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8850.0
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2023-05-24 00:00:00 UTC
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Aaron's (AAN) Up 1.3% Since Last Earnings Report: Can It Continue?
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https://www.nasdaq.com/articles/aarons-aan-up-1.3-since-last-earnings-report%3A-can-it-continue
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). Shares have added about 1.3% in that time frame, underperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Aaron's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Aaron's Q1 Earnings Beat Estimates, Revenues Up Y/Y
Aaron's delivered first-quarter 2023 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. While the top line increased year over year, the bottom line declined.
Aaron's delivered adjusted earnings of 66 cents per share, outpacing the Zacks Consensus Estimate of 28 cents. However, the bottom line declined 24.1% year over year from 87 cents per share reported in the prior-year quarter. On a GAAP basis, AAN reported earnings of 41 cents per share versus earnings of 68 cents in the year-ago quarter.
Quarter in Detail
Consolidated revenues grew 21.5% to $554.4 million, driven by gains from the BrandsMart buyout, somewhat offset by weak lease revenues and fees, and drab retail sales at the Aaron's business. The figure came above the Zacks Consensus Estimate of $553 million.
Breaking up the components of consolidated revenues, we note that lease revenues and fees dropped 8.7% year over year to $373.8 million and retail sales increased to $150.5 million from $12.6 million. Non-retail sales, which mainly include merchandise sales to franchisees, declined 14% year over year to $23.9 million, while franchise royalties and other revenues in the quarter decreased 3.2% to $6.1 million from the year-ago quarter.
In the Aaron’s business, revenues declined 9.6% year over year to $412.1 million due to lower average lease portfolio size and lease renewal rate coupled with fewer exercises of early purchase options and weak retail sales. E-commerce revenues rose 12.3% year over year and represented 17.9% of the lease revenues.
For BrandsMart, revenues were $144.2 million in the first quarter of 2023. Further, e-commerce product sales were 9.2% of total product sales.
Margins
Aaron’s gross profit rose 3.8% to $295.7 million and the gross margin expanded 80 basis points (bps) to 63.3%. The operating profit came in at $12.7 million, down from the prior-year quarter’s earnings of $30.2 million.
Adjusted EBITDA declined 20.7% year over year to $45.9 million, due to lower lease revenues & fees at the Aaron's business, partly offset by reduced personnel costs. An incremental $2.8 million of the metric was delivered by the inclusion of BrandsMart in the company's consolidated results. The EBITDA margin also contracted 210 bps to 13.2%.
Financial Position
Aaron’s ended the quarter with cash and cash equivalents of $44.3 million, debt of $222.1 million and shareholders’ equity of $703.9 million. The company provided cash of $61 million from operating activities.
At the end of the first quarter, the company generated an adjusted free cash flow of $42.5 million. Capital expenditure was $20.2 million in the reported quarter. Capital expenditures are expected in the band of $90-$105 million for 2023. AAN expects adjusted free cash flow in the range of $75-$85 million for 2023.
Further, Aaron’s declared dividends worth $3.9 million in the quarter under review.
Outlook
For 2023, the company anticipates revenues of $2.15-$2.25 billion versus $2.20-$2.30 billion stated earlier. Adjusted EBITDA (excluding stock-based compensation) is projected in the range of $140-$160 million. It envisions adjusted earnings per share (EPS) of $1-$1.40 compared with the previously mentioned 70 cents to $1.10 for the full year. Earnings per share are expected to be 70-95 cents compared with the earlier stated 55-80 cents.
For the Aaron’s business, revenues are expected to be $1.50-$1.57 billion. Adjusted EBITDA is likely to be $170-$185
million.
For BrandsMart, revenues are anticipated to be $645-$675 million. Adjusted EBITDA is forecast to be $12.5-$17.5 million.
How Have Estimates Been Moving Since Then?
It turns out, estimates revision have trended downward during the past month.
The consensus estimate has shifted -23.55% due to these changes.
VGM Scores
At this time, Aaron's has a great Growth Score of A, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Aaron's has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). On a GAAP basis, AAN reported earnings of 41 cents per share versus earnings of 68 cents in the year-ago quarter. AAN expects adjusted free cash flow in the range of $75-$85 million for 2023.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). On a GAAP basis, AAN reported earnings of 41 cents per share versus earnings of 68 cents in the year-ago quarter. AAN expects adjusted free cash flow in the range of $75-$85 million for 2023.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). On a GAAP basis, AAN reported earnings of 41 cents per share versus earnings of 68 cents in the year-ago quarter. AAN expects adjusted free cash flow in the range of $75-$85 million for 2023.
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It has been about a month since the last earnings report for Aaron's Company, Inc. (AAN). AAN expects adjusted free cash flow in the range of $75-$85 million for 2023. On a GAAP basis, AAN reported earnings of 41 cents per share versus earnings of 68 cents in the year-ago quarter.
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8851.0
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2023-05-23 00:00:00 UTC
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Here's Why You Should Consider Investing in Skechers (SKX) Now
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AAN
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https://www.nasdaq.com/articles/heres-why-you-should-consider-investing-in-skechers-skx-now
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nan
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nan
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Skechers U.S.A., Inc. SKX is well poised for growth courtesy of its robust business strategies. The company remains committed to enhancing its omni-channel capabilities by expanding its direct-to-consumer (DTC) business and enhancing its foothold internationally. The company has been gaining from continued global demand for its Comfort Technology footwear.
This Zacks Rank #1 (Strong Buy) stock has gained 27.7% in the past six months compared with the industry’s growth of 4.4%. The Zacks Consensus Estimate for Skechers’ 2023 sales and earnings per share (EPS) is currently pegged at $8 billion and $3.14, respectively, suggesting respective growth of 7.8% and 31.9% from the corresponding year-ago reported figures.
Image Source: Zacks Investment Research
For 2024, the Zacks Consensus Estimate for sales and EPS stands at $8.84 billion and $3.78, respectively, indicating corresponding increases of 10.1% and 20.3% from the prior-year reported numbers. This reflects the analysts’ optimism about the stock.
Let’s delve into the factors that make investing in Skechers a smart choice at the moment.
Skechers has been investing strategically to improve its infrastructure worldwide, primarily in e-commerce platforms and distribution centers. The company is focused on launching more innovative and comfortable technology products, building multi-platform marketing campaigns and launching more e-commerce sites globally.
Skechers has also been directing its resources to boost its digital capabilities, including augmenting website features, mobile applications and loyalty programs. Investments made to integrate store and digital ecosystems for developing a seamless omnichannel experience are likely to drive sales. Moreover, SKX has been enhancing its distribution facilities and supply-chain production capabilities. These investments highlight SKX’s progress as an omni-channel retailer.
During the first quarter of 2023, Skechers’ DTC sales grew 24.5% year over year to $707.3 million. This included a 25% increase in domestic DTC sales and a 24% increase in international DTC sales. DTC unit volume rose 27% on a year-over-year basis. DTC sales jumped on growth of 29% in the Americas, 18% in Asia Pacific and 30% in Europe, Middle East & Africa.
Further, the company’s international business remains a significant sales growth driver. In first-quarter 2023, international sales increased 21.1% year over year, accounting for 63% of the overall sales for the quarter. Region-wise, sales dipped 0.1% year over year to $945.9 million in the Americas, while the metric increased 21.1% to $534.5 million in EMEA and 20.9% year over year to $521.5 million in APAC.
Impressively, the company’s 2023 outlook reflects sales momentum across most of the company’s international markets throughout the year. For 2023, management projects sales between $7.9 billion and $8.1 billion and earnings per share between $3.00 and $3.20. These figures show an improvement from sales of $7.44 billion and EPS of $2.38 registered in 2022.
Key Picks
Some better-ranked stocks are The Aaron's Company, Inc. AAN, Alto Ingredients, Inc. ALTO and Adtalem Global Education, Inc. ATGE, each of which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Aaron's Company is a provider of lease-to-own and retail purchase solutions.
The Zacks Consensus Estimate for The Aaron's Company’s current financial-year sales and earnings per share suggests a decline of 1.7% and 42%, respectively, from the corresponding year-ago reported figures. AAN has a trailing four-quarter earnings surprise of 199.8%, on average.
Alto Ingredients is a producer of specialty alcohols and essential ingredients.
The Zacks Consensus Estimate for Alto Ingredients’ current financial-year sales suggests a decline of 6.6%, while earnings per share are expected to grow by 78.3% from the corresponding year-ago reported figures. ALTO has an earnings surprise of 10.5% in the last reported quarter.
Adtalem Global Education is a provider of workforce solutions. ATGE has a trailing four-quarter earnings surprise of 20.1%, on average.
The Zacks Consensus Estimate for Adtalem Global Education’s current financial year sales suggests a decline of 0.2%, while earnings per share are expected to grow by 27.2% from the corresponding year-ago reported figures.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report
Adtalem Global Education Inc. (ATGE) : Free Stock Analysis Report
Alto Ingredients, Inc. (ALTO) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Key Picks Some better-ranked stocks are The Aaron's Company, Inc. AAN, Alto Ingredients, Inc. ALTO and Adtalem Global Education, Inc. ATGE, each of which carries a Zacks Rank #2 (Buy). AAN has a trailing four-quarter earnings surprise of 199.8%, on average. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Adtalem Global Education Inc. (ATGE) : Free Stock Analysis Report Alto Ingredients, Inc. (ALTO) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Adtalem Global Education Inc. (ATGE) : Free Stock Analysis Report Alto Ingredients, Inc. (ALTO) : Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Some better-ranked stocks are The Aaron's Company, Inc. AAN, Alto Ingredients, Inc. ALTO and Adtalem Global Education, Inc. ATGE, each of which carries a Zacks Rank #2 (Buy). AAN has a trailing four-quarter earnings surprise of 199.8%, on average.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Adtalem Global Education Inc. (ATGE) : Free Stock Analysis Report Alto Ingredients, Inc. (ALTO) : Free Stock Analysis Report To read this article on Zacks.com click here. Key Picks Some better-ranked stocks are The Aaron's Company, Inc. AAN, Alto Ingredients, Inc. ALTO and Adtalem Global Education, Inc. ATGE, each of which carries a Zacks Rank #2 (Buy). AAN has a trailing four-quarter earnings surprise of 199.8%, on average.
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Key Picks Some better-ranked stocks are The Aaron's Company, Inc. AAN, Alto Ingredients, Inc. ALTO and Adtalem Global Education, Inc. ATGE, each of which carries a Zacks Rank #2 (Buy). AAN has a trailing four-quarter earnings surprise of 199.8%, on average. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Skechers U.S.A., Inc. (SKX) : Free Stock Analysis Report Adtalem Global Education Inc. (ATGE) : Free Stock Analysis Report Alto Ingredients, Inc. (ALTO) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8852.0
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2023-05-16 00:00:00 UTC
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Should Value Investors Buy Aaron's (AAN) Stock?
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AAN
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https://www.nasdaq.com/articles/should-value-investors-buy-aarons-aan-stock
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nan
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nan
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock is trading with a P/E ratio of 9.83, which compares to its industry's average of 12.04. AAN's Forward P/E has been as high as 12.83 and as low as 4.30, with a median of 6.62, all within the past year.
Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. AAN has a P/S ratio of 0.17. This compares to its industry's average P/S of 0.49.
If you're looking for another solid Consumer Services - Miscellaneous value stock, take a look at BrightView (BV). BV is a # 2 (Buy) stock with a Value score of A.
Additionally, BrightView has a P/B ratio of 0.50 while its industry's price-to-book ratio sits at 4.48. For BV, this valuation metric has been as high as 1.09, as low as 0.41, with a median of 0.62 over the past year.
These are just a handful of the figures considered in Aaron's and BrightView's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that AAN and BV is an impressive value stock right now.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
BrightView Holdings, Inc. (BV) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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One stock to keep an eye on is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. AAN's Forward P/E has been as high as 12.83 and as low as 4.30, with a median of 6.62, all within the past year.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report BrightView Holdings, Inc. (BV) : Free Stock Analysis Report To read this article on Zacks.com click here. One stock to keep an eye on is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report BrightView Holdings, Inc. (BV) : Free Stock Analysis Report To read this article on Zacks.com click here. One stock to keep an eye on is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value.
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One stock to keep an eye on is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. AAN's Forward P/E has been as high as 12.83 and as low as 4.30, with a median of 6.62, all within the past year.
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8853.0
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2023-05-09 00:00:00 UTC
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Online Strength, GenNext Plan to Aid Aaron's (AAN) Amid Inflation
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AAN
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https://www.nasdaq.com/articles/online-strength-gennext-plan-to-aid-aarons-aan-amid-inflation
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nan
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nan
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Aaron’s AAN has been gaining from reduced write-offs and fewer customers opting for early purchase options. Also, cost-reduction initiatives, a solid online show and strength in the GenNext program bode well.
This led to impressive first-quarter 2023 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Consolidated revenues grew 21.5% to $554.4 million, driven by gains from the BrandsMart buyout, somewhat offset by weak lease revenues and fees, and drab retail sales at the Aaron's Business.
The company has continued to witness strength in its e-commerce platform. In first-quarter 2023, e-commerce lease revenues were up 12.3%, accounting for 17.9% of the total revenues. The uptick can be attributable to increased website traffic and a higher conversion rate. Some other notable efforts include increased investments in digital marketing, improved shopping experience, same-day and next-day delivery services, the personalization of products, and a broader assortment, including the latest product categories. Its express delivery program also bodes well.
Aaron’s latest acquisition of appliance and electronics retailer, BrandsMart, is expected to strengthen AAN’s market position and help expand the customer base. The deal is also likely to generate significant cost synergies and aid Aaron’s top line. Notably, revenues were $144.2 million in the first quarter of 2023, driven by strength in small appliances and housewares, and e-commerce strength. The company has been optimistic about its performance in the near future. It announced the opening of its first BrandsMart store in 2023.
A sturdy performance in GenNext stores bodes well. Notably, the company had 222 GenNext locations at the end of the first quarter. This accounted for more than 27% of lease and retail revenues, up from 15% in the first quarter of 2022.
Hurdles to Overcome
However, Aaron's has been reeling under dismal margins, lower lease revenues and reduced lease portfolio size. This led adjusted EBITDA to decline 20.7% year over year to $45.9 million. Meanwhile, the EBITDA margin contracted 210 bps to 13.2%. Consequently, the bottom line declined 24.1% year over year from the 87 cents per share reported in the prior-year quarter. On a GAAP basis, AAN reported earnings of 41 cents per share versus 68 cents in the year-ago quarter.
The company continues to witness sluggishness in its Aaron’s Business segment. In first-quarter 2023, revenues declined 9.6% year over year to $412.1 million due to lower average lease portfolio size and lease renewal rate, coupled with fewer exercises of early purchase options and weak retail sales. Also, lower customer traffic led to delayed deliveries and lower lease revenues.
For the Aaron’s Business, revenues are expected to be $1.50-$1.57 billion, down from the prior stated $1.53-$1.60. Adjusted EBITDA is likely to be $170-$185 million, down from the earlier mentioned $165-$180 million. For 2023, the company anticipates revenues of $2.15-$2.25 billion compared with the earlier guided $2.20-$2.30 billion. The lowered revenue outlook is mainly due to lower early purchased options and drab retail sales at the Aaron's Business in the said quarter and the remainder of the year.
High inflation and other challenging economic conditions have been concerning. The company’s segments are expected to continue experiencing softness in customer demand in its core product categories, including appliances, furniture and electronics, in the first half of the year.
Image Source: Zacks Investment Research
As a result, AAN shares have lost 15.6% in the past three months compared with the industry’s decline of 8.3%.
Bottom Line
Although lower lease revenues, drab Aaron’s Business segment and inflation remain headwinds, solid online show, gains from the BrandsMart buyout and strength in the GenNext program are likely to aid Aaron’s performance in the near future. A VGM Score of A raises optimism in this Zacks Rank #3 (Hold) stock. Topping it, the company’s earnings estimates for 2023 have moved up 5.4% in the past seven days.
Stocks to Consider
Some better-ranked companies are Crocs CROX, PVH Corp PVH and H&R Block HRB.
Crocs, which offers casual lifestyle footwear and accessories, carries a Zacks Rank #2 (Buy). The expected EPS growth rate for three to five years is 15%.
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for Crocs’ current financial-year sales and earnings suggests growth of 13.1% and 2.8% from the year-ago period’s actuals. CROX has a trailing four-quarter earnings surprise of 21.8%, on average.
PVH Corp currently carries a Zacks Rank #2. PVH has a trailing four-quarter earnings surprise of 23.4%, on average. PVH has a long-term earnings growth rate of 16.1%.
The Zacks Consensus Estimate for PVH Corp’s current financial year’s sales and EPS indicates declines of 3.8% and 9.8%, respectively, from the year-ago period’s reported levels.
H&R Block provides assisted income tax return preparation and do-it-yourself tax return preparation services. HRB currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for H&R Block’s current financial year’s EPS suggests growth of 9.4% from the year-ago reported figure. H&R Block has a trailing four-quarter earnings surprise of 10.7%, on average.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
H&R Block, Inc. (HRB) : Free Stock Analysis Report
PVH Corp. (PVH) : Free Stock Analysis Report
Crocs, Inc. (CROX) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron’s latest acquisition of appliance and electronics retailer, BrandsMart, is expected to strengthen AAN’s market position and help expand the customer base. Aaron’s AAN has been gaining from reduced write-offs and fewer customers opting for early purchase options. On a GAAP basis, AAN reported earnings of 41 cents per share versus 68 cents in the year-ago quarter.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report PVH Corp. (PVH) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron’s AAN has been gaining from reduced write-offs and fewer customers opting for early purchase options. Aaron’s latest acquisition of appliance and electronics retailer, BrandsMart, is expected to strengthen AAN’s market position and help expand the customer base.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report PVH Corp. (PVH) : Free Stock Analysis Report Crocs, Inc. (CROX) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron’s AAN has been gaining from reduced write-offs and fewer customers opting for early purchase options. Aaron’s latest acquisition of appliance and electronics retailer, BrandsMart, is expected to strengthen AAN’s market position and help expand the customer base.
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Aaron’s AAN has been gaining from reduced write-offs and fewer customers opting for early purchase options. Aaron’s latest acquisition of appliance and electronics retailer, BrandsMart, is expected to strengthen AAN’s market position and help expand the customer base. On a GAAP basis, AAN reported earnings of 41 cents per share versus 68 cents in the year-ago quarter.
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8854.0
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2023-05-04 00:00:00 UTC
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Aaron's (AAN) Declares $0.12 Dividend
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AAN
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https://www.nasdaq.com/articles/aarons-aan-declares-%240.12-dividend-0
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nan
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nan
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Aaron's said on May 3, 2023 that its board of directors declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Previously, the company paid $0.12 per share.
Shares must be purchased before the ex-div date of June 14, 2023 to qualify for the dividend. Shareholders of record as of June 15, 2023 will receive the payment on July 6, 2023.
At the current share price of $12.12 / share, the stock's dividend yield is 4.13%.
Looking back five years and taking a sample every week, the average dividend yield has been 2.46%, the lowest has been 0.77%, and the highest has been 5.57%. The standard deviation of yields is 1.22 (n=119).
The current dividend yield is 1.36 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -1.10. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
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What is the Fund Sentiment?
There are 440 funds or institutions reporting positions in Aaron's. This is a decrease of 15 owner(s) or 3.30% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 59.26%. Total shares owned by institutions increased in the last three months by 4.09% to 32,970K shares.
The put/call ratio of AAN is 0.97, indicating a bullish outlook.
Analyst Price Forecast Suggests 10.53% Upside
As of April 24, 2023, the average one-year price target for Aaron's is 13.40. The forecasts range from a low of 7.88 to a high of $18.90. The average price target represents an increase of 10.53% from its latest reported closing price of 12.12.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aaron's is 2,386MM, an increase of 1.63%. The projected annual non-GAAP EPS is 1.70.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,320K shares representing 7.51% ownership of the company. In it's prior filing, the firm reported owning 2,252K shares, representing an increase of 2.94%. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
Palisade Capital Management holds 1,132K shares representing 3.66% ownership of the company. In it's prior filing, the firm reported owning 968K shares, representing an increase of 14.52%. The firm increased its portfolio allocation in AAN by 36.32% over the last quarter.
Philadelphia Financial Management of San Francisco holds 1,056K shares representing 3.42% ownership of the company.
Lsv Asset Management holds 959K shares representing 3.10% ownership of the company. In it's prior filing, the firm reported owning 861K shares, representing an increase of 10.16%. The firm decreased its portfolio allocation in AAN by 8.49% over the last quarter.
Solas Capital Management holds 884K shares representing 2.86% ownership of the company. In it's prior filing, the firm reported owning 934K shares, representing a decrease of 5.66%. The firm increased its portfolio allocation in AAN by 14.47% over the last quarter.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 59.26%. The put/call ratio of AAN is 0.97, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 59.26%. The put/call ratio of AAN is 0.97, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 59.26%. The put/call ratio of AAN is 0.97, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 59.26%. The put/call ratio of AAN is 0.97, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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8855.0
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2023-04-26 00:00:00 UTC
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Truist Securities Maintains Aaron's (AAN) Hold Recommendation
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https://www.nasdaq.com/articles/truist-securities-maintains-aarons-aan-hold-recommendation
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Fintel reports that on April 26, 2023, Truist Securities maintained coverage of Aaron's (NYSE:AAN) with a Hold recommendation.
Analyst Price Forecast Suggests 6.15% Upside
As of April 24, 2023, the average one-year price target for Aaron's is 13.40. The forecasts range from a low of 7.88 to a high of $18.90. The average price target represents an increase of 6.15% from its latest reported closing price of 12.62.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aaron's is 2,386MM, an increase of 1.63%. The projected annual non-GAAP EPS is 1.70.
Aaron's Declares $0.12 Dividend
On March 1, 2023 the company declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Shareholders of record as of March 16, 2023 received the payment on April 4, 2023. Previously, the company paid $0.11 per share.
At the current share price of $12.62 / share, the stock's dividend yield is 3.96%.
Looking back five years and taking a sample every week, the average dividend yield has been 2.45%, the lowest has been 0.77%, and the highest has been 5.57%. The standard deviation of yields is 1.22 (n=118).
The current dividend yield is 1.24 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -1.14. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 441 funds or institutions reporting positions in Aaron's. This is a decrease of 21 owner(s) or 4.55% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.81%. Total shares owned by institutions increased in the last three months by 4.33% to 32,897K shares.
The put/call ratio of AAN is 0.76, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,320K shares representing 7.29% ownership of the company. In it's prior filing, the firm reported owning 2,252K shares, representing an increase of 2.94%. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
Palisade Capital Management holds 1,132K shares representing 3.56% ownership of the company. In it's prior filing, the firm reported owning 968K shares, representing an increase of 14.52%. The firm increased its portfolio allocation in AAN by 36.32% over the last quarter.
Philadelphia Financial Management of San Francisco holds 1,056K shares representing 3.32% ownership of the company.
Solas Capital Management holds 884K shares representing 2.78% ownership of the company. In it's prior filing, the firm reported owning 934K shares, representing a decrease of 5.66%. The firm increased its portfolio allocation in AAN by 14.47% over the last quarter.
Lsv Asset Management holds 861K shares representing 2.71% ownership of the company. In it's prior filing, the firm reported owning 862K shares, representing a decrease of 0.09%. The firm increased its portfolio allocation in AAN by 15.30% over the last quarter.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
See all Aaron's regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on April 26, 2023, Truist Securities maintained coverage of Aaron's (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.81%. The put/call ratio of AAN is 0.76, indicating a bullish outlook.
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Fintel reports that on April 26, 2023, Truist Securities maintained coverage of Aaron's (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.81%. The put/call ratio of AAN is 0.76, indicating a bullish outlook.
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Fintel reports that on April 26, 2023, Truist Securities maintained coverage of Aaron's (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.81%. The put/call ratio of AAN is 0.76, indicating a bullish outlook.
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Fintel reports that on April 26, 2023, Truist Securities maintained coverage of Aaron's (NYSE:AAN) with a Hold recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.81%. The put/call ratio of AAN is 0.76, indicating a bullish outlook.
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8856.0
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2023-04-25 00:00:00 UTC
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Stephens & Co. Reiterates Aaron's (AAN) Equal-Weight Recommendation
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https://www.nasdaq.com/articles/stephens-co.-reiterates-aarons-aan-equal-weight-recommendation
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Fintel reports that on April 25, 2023, Stephens & Co. reiterated coverage of Aaron's (NYSE:AAN) with a Equal-Weight recommendation.
Analyst Price Forecast Suggests 31.08% Upside
As of April 24, 2023, the average one-year price target for Aaron's is 13.40. The forecasts range from a low of 7.88 to a high of $18.90. The average price target represents an increase of 31.08% from its latest reported closing price of 10.22.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aaron's is 2,386MM, an increase of 1.63%. The projected annual non-GAAP EPS is 1.70.
Aaron's Declares $0.12 Dividend
On March 1, 2023 the company declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Shareholders of record as of March 16, 2023 received the payment on April 4, 2023. Previously, the company paid $0.11 per share.
At the current share price of $10.22 / share, the stock's dividend yield is 4.89%.
Looking back five years and taking a sample every week, the average dividend yield has been 2.45%, the lowest has been 0.77%, and the highest has been 5.57%. The standard deviation of yields is 1.22 (n=118).
The current dividend yield is 2.00 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -1.14. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What is the Fund Sentiment?
There are 441 funds or institutions reporting positions in Aaron's. This is a decrease of 22 owner(s) or 4.75% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.87%. Total shares owned by institutions increased in the last three months by 4.57% to 32,974K shares.
The put/call ratio of AAN is 0.94, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,320K shares representing 7.29% ownership of the company. In it's prior filing, the firm reported owning 2,252K shares, representing an increase of 2.94%. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
Palisade Capital Management holds 1,132K shares representing 3.56% ownership of the company. In it's prior filing, the firm reported owning 968K shares, representing an increase of 14.52%. The firm increased its portfolio allocation in AAN by 36.32% over the last quarter.
Philadelphia Financial Management of San Francisco holds 1,056K shares representing 3.32% ownership of the company.
Solas Capital Management holds 884K shares representing 2.78% ownership of the company. In it's prior filing, the firm reported owning 934K shares, representing a decrease of 5.66%. The firm increased its portfolio allocation in AAN by 14.47% over the last quarter.
Lsv Asset Management holds 861K shares representing 2.71% ownership of the company. In it's prior filing, the firm reported owning 862K shares, representing a decrease of 0.09%. The firm increased its portfolio allocation in AAN by 15.30% over the last quarter.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
See all Aaron's regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on April 25, 2023, Stephens & Co. reiterated coverage of Aaron's (NYSE:AAN) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.87%. The put/call ratio of AAN is 0.94, indicating a bullish outlook.
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Fintel reports that on April 25, 2023, Stephens & Co. reiterated coverage of Aaron's (NYSE:AAN) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.87%. The put/call ratio of AAN is 0.94, indicating a bullish outlook.
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Fintel reports that on April 25, 2023, Stephens & Co. reiterated coverage of Aaron's (NYSE:AAN) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.87%. The put/call ratio of AAN is 0.94, indicating a bullish outlook.
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Fintel reports that on April 25, 2023, Stephens & Co. reiterated coverage of Aaron's (NYSE:AAN) with a Equal-Weight recommendation. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.87%. The put/call ratio of AAN is 0.94, indicating a bullish outlook.
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8857.0
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2023-04-24 00:00:00 UTC
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Aaron's (AAN) Reports Q1 Earnings: What Key Metrics Have to Say
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https://www.nasdaq.com/articles/aarons-aan-reports-q1-earnings%3A-what-key-metrics-have-to-say
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For the quarter ended March 2023, Aaron's Company, Inc. (AAN) reported revenue of $554.36 million, up 21.6% over the same period last year. EPS came in at $0.66, compared to $0.87 in the year-ago quarter.
The reported revenue represents a surprise of +0.28% over the Zacks Consensus Estimate of $552.83 million. With the consensus EPS estimate being $0.28, the EPS surprise was +135.71%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenues- Lease revenues and fees & retail sales: $373.80 million versus the five-analyst average estimate of $365.66 million.
View all Key Company Metrics for Aaron's here>>>
Shares of Aaron's have returned +10.2% over the past month versus the Zacks S&P 500 composite's +3.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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For the quarter ended March 2023, Aaron's Company, Inc. (AAN) reported revenue of $554.36 million, up 21.6% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. For the quarter ended March 2023, Aaron's Company, Inc. (AAN) reported revenue of $554.36 million, up 21.6% over the same period last year. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. For the quarter ended March 2023, Aaron's Company, Inc. (AAN) reported revenue of $554.36 million, up 21.6% over the same period last year. Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Lease revenues and fees & retail sales: $373.80 million versus the five-analyst average estimate of $365.66 million.
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For the quarter ended March 2023, Aaron's Company, Inc. (AAN) reported revenue of $554.36 million, up 21.6% over the same period last year. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Here is how Aaron's performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Lease revenues and fees & retail sales: $373.80 million versus the five-analyst average estimate of $365.66 million.
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8858.0
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2023-04-24 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Surpasses Q1 Earnings and Revenue Estimates
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-surpasses-q1-earnings-and-revenue-estimates
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.87 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 135.71%. A quarter ago, it was expected that this specialty retail would post a loss of $0.02 per share when it actually produced earnings of $0.09, delivering a surprise of 550%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $554.36 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 0.28%. This compares to year-ago revenues of $456.08 million. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Aaron's shares have lost about 15.1% since the beginning of the year versus the S&P 500's gain of 7.7%.
What's Next for Aaron's?
While Aaron's has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Aaron's: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #5 (Strong Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.22 on $548.41 million in revenues for the coming quarter and $0.91 on $2.25 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Services - Miscellaneous is currently in the bottom 12% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Monro Muffler Brake (MNRO), has yet to report results for the quarter ended March 2023.
This automotive repair chain is expected to post quarterly earnings of $0.33 per share in its upcoming report, which represents a year-over-year change of +65%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Monro Muffler Brake's revenues are expected to be $323.56 million, down 1.4% from the year-ago quarter.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Monro Muffler Brake, Inc. (MNRO) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.28 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Monro Muffler Brake, Inc. (MNRO) : Free Stock Analysis Report To read this article on Zacks.com click here. A quarter ago, it was expected that this specialty retail would post a loss of $0.02 per share when it actually produced earnings of $0.09, delivering a surprise of 550%.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Monro Muffler Brake, Inc. (MNRO) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.28 per share. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $554.36 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 0.28%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.28 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Monro Muffler Brake, Inc. (MNRO) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $554.36 million for the quarter ended March 2023, surpassing the Zacks Consensus Estimate by 0.28%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.28 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Monro Muffler Brake, Inc. (MNRO) : Free Stock Analysis Report To read this article on Zacks.com click here. The company has topped consensus revenue estimates three times over the last four quarters.
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2023-04-19 00:00:00 UTC
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Cimpress (CMPR) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
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https://www.nasdaq.com/articles/cimpress-cmpr-expected-to-beat-earnings-estimates%3A-can-the-stock-move-higher
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The market expects Cimpress (CMPR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 26. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus Estimate
This marketing materials maker is expected to post quarterly loss of $1.17 per share in its upcoming report, which represents a year-over-year change of +57.5%.
Revenues are expected to be $701.89 million, up 6.8% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 47.11% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Cimpress?
For Cimpress, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +3.69%.
On the other hand, the stock currently carries a Zacks Rank of #2.
So, this combination indicates that Cimpress will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Cimpress would post earnings of $1.32 per share when it actually produced a loss of $0.46, delivering a surprise of -134.85%.
Over the last four quarters, the company has beaten consensus EPS estimates just once.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Cimpress appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
An Industry Player's Expected Results
Aaron's Company, Inc. (AAN), another stock in the Zacks Consumer Services - Miscellaneous industry, is expected to report earnings per share of $0.28 for the quarter ended March 2023. This estimate points to a year-over-year change of -67.8%. Revenues for the quarter are expected to be $552.83 million, up 21.2% from the year-ago quarter.
The consensus EPS estimate for Aaron's has been revised 11.2% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -7.69%.
This Earnings ESP, combined with its Zacks Rank #5 (Strong Sell), makes it difficult to conclusively predict that Aaron's will beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Cimpress plc (CMPR) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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An Industry Player's Expected Results Aaron's Company, Inc. (AAN), another stock in the Zacks Consumer Services - Miscellaneous industry, is expected to report earnings per share of $0.28 for the quarter ended March 2023. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
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Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. An Industry Player's Expected Results Aaron's Company, Inc. (AAN), another stock in the Zacks Consumer Services - Miscellaneous industry, is expected to report earnings per share of $0.28 for the quarter ended March 2023. The market expects Cimpress (CMPR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2023.
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An Industry Player's Expected Results Aaron's Company, Inc. (AAN), another stock in the Zacks Consumer Services - Miscellaneous industry, is expected to report earnings per share of $0.28 for the quarter ended March 2023. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate.
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An Industry Player's Expected Results Aaron's Company, Inc. (AAN), another stock in the Zacks Consumer Services - Miscellaneous industry, is expected to report earnings per share of $0.28 for the quarter ended March 2023. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 26.
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8860.0
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2023-04-19 00:00:00 UTC
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Factors Likely to Decide Aaron's (AAN) Fate in Q1 Earnings
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https://www.nasdaq.com/articles/factors-likely-to-decide-aarons-aan-fate-in-q1-earnings
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The Aaron's Company, Inc. AAN is scheduled to report first-quarter 2023 results on Apr 24.
The Zacks Consensus Estimate for first-quarter earnings is pegged at 28 cents per share, which indicates a sharp decline of 67.8% from the year-ago quarter’s reported figure. However, the consensus mark has moved up by a penny in the past seven days. The consensus mark for revenues is pegged at $552.8 million, indicating growth of 21.2% from the figure reported in the year-ago quarter.
We expect the company’s first-quarter total revenues to increase 18.7% year over year to $541.5 million and the bottom line to decline 69.7% to 26 cents per share.
In the last reported quarter, the company delivered a negative earnings surprise of 7.7%. It delivered an earnings beat of 83.1%, on average, in the trailing four quarters.
The Aaron's Company, Inc. Price and EPS Surprise
The Aaron's Company, Inc. price-eps-surprise | The Aaron's Company, Inc. Quote
Factors to Note
Aaron’s has been reeling under lower lease revenues and reduced lease portfolio size. Also, increased provision for lease merchandise write-offs at Aaron's Business is likely to have dented the margins in the to-be-reported quarter.
The company has been witnessing sluggishness in the Aaron’s Business segment due to a reduced lease renewal rate, the lower exercise of early purchase options, a smaller same-store lease portfolio size and drab retail sales. High inflation and other challenging economic conditions have been concerning. Both its segments should have been impacted by continued softness in customer demand, particularly in its core product categories, including appliances, furniture and electronics, in the first half of the year.
However, AAN has been gaining from strategic investments in centralized lease decisioning, as well as digital payment and servicing platforms, the solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout.
Its e-commerce platform has long been serving as a key growth driver on the back of increased website traffic and a higher conversion rate. Some other notable efforts are increased investments in digital marketing, improved shopping experience, same-day and next-day delivery services, personalization of products, and a broader assortment, including the latest product categories. Its express delivery program also bodes well.
The sturdy performance in GenNext stores is expected to have aided the company’s top line in the first quarter. Aaron’s newly acquired appliance and electronics retailer, BrandsMart, is likely to have strengthened its market position and expanded its customer base. The deal is expected to have aided Aaron’s top line in the first quarter.
Zacks Model
Our proven model doesn’t conclusively predict an earnings beat for Aaron's this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Aaron's has a Zacks Rank #5 (Strong Sell) and an Earnings ESP of -7.69%.
Stocks Poised to Beat Earnings Estimates
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
Boyd Gaming BYD currently has an Earnings ESP of +0.30% and a Zacks Rank #2. BYD is likely to register bottom and top-line growth when it reports first-quarter fiscal 2023. The Zacks Consensus Estimate for its quarterly revenues is pegged at $878.7 billion, suggesting 2.1% growth from the figure reported in the prior-year quarter.
You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Boyd Gaming’s fiscal first-quarter earnings is pegged at $1.47, suggesting 5% growth from the $1.40 reported in the year-ago quarter. The consensus mark has been unchanged in the past 30 days.
Marriott International MAR currently has an Earnings ESP of +3.04% and a Zacks Rank #2. MAR is likely to register top-line growth when it reports first-quarter 2023. The Zacks Consensus Estimate for its quarterly revenues is pegged at $5.3 billion, suggesting 25.6% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Marriott International’s fiscal first-quarter earnings is pegged at $1.85, suggesting 48% growth from the $1.25 reported in the year-ago quarter. The consensus mark has been unchanged in the past 30 days.
Hyatt Hotels H currently has an Earnings ESP of +56.57% and a Zacks Rank #3. LVS is likely to register bottom and top-line growth when it reports first-quarter 2023. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.6 billion, suggesting 24.8% growth from the figure reported in the prior-year quarter.
The Zacks Consensus Estimate for Hyatt Hotels’ fiscal first-quarter earnings is pegged at 47 cents, suggesting a 242.4% improvement from a loss of 33 cents reported in the year-ago quarter. The consensus mark has been unchanged in the past 30 days.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Marriott International, Inc. (MAR) : Free Stock Analysis Report
Hyatt Hotels Corporation (H) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Boyd Gaming Corporation (BYD) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN is scheduled to report first-quarter 2023 results on Apr 24. However, AAN has been gaining from strategic investments in centralized lease decisioning, as well as digital payment and servicing platforms, the solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout. Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN is scheduled to report first-quarter 2023 results on Apr 24. However, AAN has been gaining from strategic investments in centralized lease decisioning, as well as digital payment and servicing platforms, the solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout.
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Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN is scheduled to report first-quarter 2023 results on Apr 24. However, AAN has been gaining from strategic investments in centralized lease decisioning, as well as digital payment and servicing platforms, the solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout.
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The Aaron's Company, Inc. AAN is scheduled to report first-quarter 2023 results on Apr 24. However, AAN has been gaining from strategic investments in centralized lease decisioning, as well as digital payment and servicing platforms, the solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout. Click to get this free report Marriott International, Inc. (MAR) : Free Stock Analysis Report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Boyd Gaming Corporation (BYD) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8861.0
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2023-04-17 00:00:00 UTC
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Earnings Preview: Aaron's Company, Inc. (AAN) Q1 Earnings Expected to Decline
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https://www.nasdaq.com/articles/earnings-preview%3A-aarons-company-inc.-aan-q1-earnings-expected-to-decline
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Wall Street expects a year-over-year decline in earnings on higher revenues when Aaron's Company, Inc. (AAN) reports results for the quarter ended March 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 24. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus Estimate
This specialty retail is expected to post quarterly earnings of $0.28 per share in its upcoming report, which represents a year-over-year change of -67.8%.
Revenues are expected to be $552.83 million, up 21.2% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 11.22% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Aaron's?
For Aaron's, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -7.69%.
On the other hand, the stock currently carries a Zacks Rank of #5.
So, this combination makes it difficult to conclusively predict that Aaron's will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Aaron's would post a loss of $0.02 per share when it actually produced earnings of $0.09, delivering a surprise of +550%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Aaron's doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Wall Street expects a year-over-year decline in earnings on higher revenues when Aaron's Company, Inc. (AAN) reports results for the quarter ended March 2023. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.
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Wall Street expects a year-over-year decline in earnings on higher revenues when Aaron's Company, Inc. (AAN) reports results for the quarter ended March 2023. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
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Wall Street expects a year-over-year decline in earnings on higher revenues when Aaron's Company, Inc. (AAN) reports results for the quarter ended March 2023. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate.
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Wall Street expects a year-over-year decline in earnings on higher revenues when Aaron's Company, Inc. (AAN) reports results for the quarter ended March 2023. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 24.
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8862.0
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2023-04-13 00:00:00 UTC
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B of A Securities Maintains Aaron's (AAN) Underperform Recommendation
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https://www.nasdaq.com/articles/b-of-a-securities-maintains-aarons-aan-underperform-recommendation
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Fintel reports that on April 13, 2023, B of A Securities maintained coverage of Aaron's (NYSE:AAN) with a Underperform recommendation.
Analyst Price Forecast Suggests 29.08% Upside
As of April 6, 2023, the average one-year price target for Aaron's is $13.52. The forecasts range from a low of $6.56 to a high of $18.90. The average price target represents an increase of 29.08% from its latest reported closing price of $10.47.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Aaron's is $2,386MM, an increase of 6.07%. The projected annual non-GAAP EPS is $1.70.
Aaron's Declares $0.12 Dividend
On March 1, 2023 the company declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Shareholders of record as of March 16, 2023 received the payment on April 4, 2023. Previously, the company paid $0.11 per share.
At the current share price of $10.47 / share, the stock's dividend yield is 4.78%. Looking back five years and taking a sample every week, the average dividend yield has been 2.41%, the lowest has been 0.77%, and the highest has been 5.57%. The standard deviation of yields is 1.19 (n=116).
The current dividend yield is 1.98 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -3.01. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company has not increased its dividend in the last three years.
What are Other Shareholders Doing?
NATIONWIDE VARIABLE INSURANCE TRUST - NVIT GS Small Cap Equity Insights Fund Class Y holds 4K shares representing 0.01% ownership of the company. No change in the last quarter.
Bridgeway Capital Management holds 225K shares representing 0.71% ownership of the company. No change in the last quarter.
EQ ADVISORS TRUST - EQ holds 14K shares representing 0.04% ownership of the company. No change in the last quarter.
Amalgamated Bank holds 13K shares representing 0.04% ownership of the company. In it's prior filing, the firm reported owning 14K shares, representing a decrease of 7.69%. The firm increased its portfolio allocation in AAN by 5.48% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 853K shares representing 2.68% ownership of the company. No change in the last quarter.
What is the Fund Sentiment?
There are 440 funds or institutions reporting positions in Aaron's. This is a decrease of 24 owner(s) or 5.17% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.02%. Total shares owned by institutions decreased in the last three months by 1.62% to 32,991K shares.
The put/call ratio of AAN is 0.82, indicating a bullish outlook.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
See all Aaron's regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Fintel reports that on April 13, 2023, B of A Securities maintained coverage of Aaron's (NYSE:AAN) with a Underperform recommendation. The firm increased its portfolio allocation in AAN by 5.48% over the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.02%.
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Fintel reports that on April 13, 2023, B of A Securities maintained coverage of Aaron's (NYSE:AAN) with a Underperform recommendation. The firm increased its portfolio allocation in AAN by 5.48% over the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.02%.
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Fintel reports that on April 13, 2023, B of A Securities maintained coverage of Aaron's (NYSE:AAN) with a Underperform recommendation. The firm increased its portfolio allocation in AAN by 5.48% over the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.02%.
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Fintel reports that on April 13, 2023, B of A Securities maintained coverage of Aaron's (NYSE:AAN) with a Underperform recommendation. The firm increased its portfolio allocation in AAN by 5.48% over the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.09%, an increase of 55.02%.
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8863.0
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2023-04-06 00:00:00 UTC
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Are Options Traders Betting on a Big Move in Aaron's (AAN) Stock?
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https://www.nasdaq.com/articles/are-options-traders-betting-on-a-big-move-in-aarons-aan-stock-1
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Investors in The Aaron's Company, Inc. (AAN) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 16, 2023 $2.50 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Aaron's shares, but what is the fundamental picture for the company? Currently, Aaron's is a Zacks Rank #5 (Strong Sell) in the Consumer Services - Miscellaneous industry that ranks in the Bottom 12% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while five have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from 41 cents per share to 27 cents in that period.
Given the way analysts feel about Aaron's right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in The Aaron's Company, Inc. (AAN) need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Investors in The Aaron's Company, Inc. (AAN) need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. (AAN) need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. (AAN) need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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8864.0
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2023-03-03 00:00:00 UTC
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Aaron's (AAN) Q4 Earnings Beat Estimates, Revenues Up Y/Y
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https://www.nasdaq.com/articles/aarons-aan-q4-earnings-beat-estimates-revenues-up-y-y
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The Aaron's Company, Inc. AAN delivered fourth-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and the former increased year over year. However, the bottom line declined due to the reduced gross profit and increased provision for lease merchandise write-offs at the Aaron's Business.
Management’s guidance for 2023 considers the ongoing macroeconomic pressure on consumer demand and a smaller lease portfolio size to begin the year with. Management expects the second half of 2023 to be stronger as it anticipates better consumer demand, payment activity and cost reductions.
The company updated its multi-year strategic plan. It is aimed at fueling revenues, transforming the company’s cost structure and enhancing operating margins.
Quarter in Detail
Aaron's delivered adjusted earnings of 9 cents per share compared with the Zacks Consensus Estimate of a loss of 2 cents and our estimate of a loss of 5 cents. However, the bottom line declined 85% year over year from the 60 cents per share reported in the prior-year quarter. On a GAAP basis, AAN reported a loss of 19 cents per share against earnings of 50 cents in the year-ago quarter.
The Aaron's Company, Inc. Price, Consensus and EPS Surprise
The Aaron's Company, Inc. price-consensus-eps-surprise-chart | The Aaron's Company, Inc. Quote
Consolidated revenues grew 32.5% to $589.6 million, driven by gains from the BrandsMart buyout, somewhat offset by weak lease revenues and fees and drab retail sales at the Aaron's Business. The figure beat the Zacks Consensus Estimate of $585 million and our estimate of $582.1 million.
Breaking up the components of consolidated revenues, we note that lease and retail revenues increased 37% in the reported quarter to $554.6 million and beat our estimate of $545.1 million. Non-retail sales, which mainly include merchandise sales to franchisees, declined 13.7% year over year to $29.1 million and lagged our estimate of $30.8 million. Franchise royalties and fees in the quarter decreased 6.4% to $5.8 million from the year-ago quarter compared with our estimate of $6 million.
In the Aaron’s Business, revenues declined 9.1% year over year to $404.3 million due to lower same-store revenues. Further, same-store revenues fell 8.4% year over year in the quarter due to a reduced lease renewal rate, the lower exercise of early purchase options, a smaller same-store lease portfolio size and drab retail sales. E-commerce revenues were up 7.3%, accounting for 16.7% of lease revenues.
For BrandsMart, revenues were $187.7 million in the fourth quarter of 2022, driven by strength in small appliances and housewares and e-commerce strength. These were somewhat offset by weak product sales stemming from lower store traffic and deflation in certain major appliances and electronics categories.
Margins
Aaron’s gross profit rose 3.2% to $285.9 million, while the gross margin contracted 1,380 bps to 48.5%. The operating loss came was $6.2 million against the prior-year quarter’s earnings of $19.9 million.
Adjusted EBITDA declined 33% year over year to $27.7 million due to the lower gross profit and a higher provision for lease merchandise write-offs at the Aaron's Business, partly offset by gains from the BrandsMart buyout and reduced personnel costs at the Aaron's Business. The adjusted EBITDA margin contracted 460 bps to 4.7% in the reported quarter.
Financial Position
Aaron’s ended the quarter with cash and cash equivalents of $27.7 million, debt of $242.4 million and shareholders’ equity of $695.4 million. In the fourth quarter, the company generated operating cash flow of $46.6 million.
Capital expenditure was $24.3 million in the reported quarter. Adjusted free cash flow amounted to $24.7 million in the quarter. Capital expenditures are expected in the band of $95-$115 million for 2023. AAN expects adjusted free cash flow in the range of $50-$60 million for 2023.
Further, Aaron’s declared dividends worth $3.4 million and made share repurchases of $2.3 million in the quarter under review.
Outlook
For the full-year 2023, the company anticipates revenues in the band of $2.2-$2.3 billion. Adjusted EBITDA (excluding stock-based compensation) is likely to be in the range of $140-$160 million. It envisions adjusted earnings per share (EPS) of 70 cents to $1.10 for the full year. Diluted EPS is expected in the band of 55-80 cents.
In the Aaron’s business, revenues are expected in the range of $1.53-$1.60 billion. Adjusted EBITDA is likely to be in the band of $165-$180 million.
In BrandsMart, revenues are anticipated in the range of $665-$695 million. Adjusted EBITDA is forecast in the band of $17.5-$22.5 million.
Shares of this Zacks Rank #4 (Sell) company have dipped 0.2% in the past three months compared with the industry’s 4.5% decline.
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Here we have highlighted three better-ranked stocks.
BJ's Wholesale Club BJ operates warehouse clubs. BJ currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Zacks Consensus Estimate for BJ's Wholesale’s current financial-year EPS suggests a rise of 16.6% from the year-ago reported figure. BJ's Wholesale has a trailing four-quarter earnings surprise of 18.2%, on average.
H&R Block HRB provides assisted income tax return preparation and do-it-yourself tax return preparation services. HRB currently carries a Zacks Rank #2.
The Zacks Consensus Estimate for H&R Block’s current financial-year EPS suggests growth of 9.4% from the year-ago reported figure. H&R Block has a trailing four-quarter earnings surprise of 10.7%, on average.
Costco Wholesale Corporation COST operates membership warehouses. The stock currently carries a Zacks Rank #2. COST has an expected EPS growth rate of 9.6% for three to five years.
The Zacks Consensus Estimate for Costco’s current financial-year EPS suggests a rise of 8.6% from the year-ago reported figure. Costco has a trailing four-quarter earnings surprise of 3.7%, on average.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report
Costco Wholesale Corporation (COST) : Free Stock Analysis Report
H&R Block, Inc. (HRB) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN delivered fourth-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and the former increased year over year. On a GAAP basis, AAN reported a loss of 19 cents per share against earnings of 50 cents in the year-ago quarter. AAN expects adjusted free cash flow in the range of $50-$60 million for 2023.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN delivered fourth-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and the former increased year over year. On a GAAP basis, AAN reported a loss of 19 cents per share against earnings of 50 cents in the year-ago quarter.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report BJ's Wholesale Club Holdings, Inc. (BJ) : Free Stock Analysis Report Costco Wholesale Corporation (COST) : Free Stock Analysis Report H&R Block, Inc. (HRB) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN delivered fourth-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and the former increased year over year. On a GAAP basis, AAN reported a loss of 19 cents per share against earnings of 50 cents in the year-ago quarter.
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The Aaron's Company, Inc. AAN delivered fourth-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and the former increased year over year. On a GAAP basis, AAN reported a loss of 19 cents per share against earnings of 50 cents in the year-ago quarter. AAN expects adjusted free cash flow in the range of $50-$60 million for 2023.
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8865.0
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2023-03-03 00:00:00 UTC
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Aaron's (AAN) Declares $0.12 Dividend
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https://www.nasdaq.com/articles/aarons-aan-declares-%240.12-dividend
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Aaron's said on March 1, 2023 that its board of directors declared a regular quarterly dividend of $0.12 per share ($0.50 annualized). Previously, the company paid $0.11 per share.
Shares must be purchased before the ex-div date of March 15, 2023 to qualify for the dividend. Shareholders of record as of March 16, 2023 will receive the payment on April 4, 2023.
At the current share price of $12.37 / share, the stock's dividend yield is 4.04%. Looking back five years and taking a sample every week, the average dividend yield has been 2.27%, the lowest has been 0.77%, and the highest has been 5.57%. The standard deviation of yields is 1.05 (n=110).
The current dividend yield is 1.68 standard deviations above the historical average.
Additionally, the company's dividend payout ratio is -2.91. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is 0.11%, demonstrating that it has increased its dividend over time.
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Analyst Price Forecast Suggests 6.51% Upside
As of March 3, 2023, the average one-year price target for Aaron's is $13.18. The forecasts range from a low of $6.56 to a high of $21.00. The average price target represents an increase of 6.51% from its latest reported closing price of $12.37.
The projected annual revenue for Aaron's is $2,386MM, an increase of 6.07%. The projected annual non-GAAP EPS is $1.70.
What is the Fund Sentiment?
There are 449 funds or institutions reporting positions in Aaron's. This is a decrease of 16 owner(s) or 3.44% in the last quarter. Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 31.73%. Total shares owned by institutions decreased in the last three months by 1.76% to 33,210K shares. The put/call ratio of AAN is 0.89, indicating a bullish outlook.
What are large shareholders doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,320K shares representing 7.54% ownership of the company. In it's prior filing, the firm reported owning 2,252K shares, representing an increase of 2.94%. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
Palisade Capital Management holds 1,132K shares representing 3.68% ownership of the company. In it's prior filing, the firm reported owning 968K shares, representing an increase of 14.52%. The firm increased its portfolio allocation in AAN by 36.29% over the last quarter.
Philadelphia Financial Management of San Francisco holds 1,056K shares representing 3.43% ownership of the company.
Solas Capital Management holds 884K shares representing 2.87% ownership of the company. In it's prior filing, the firm reported owning 934K shares, representing a decrease of 5.66%. The firm increased its portfolio allocation in AAN by 14.47% over the last quarter.
Lsv Asset Management holds 861K shares representing 2.80% ownership of the company. In it's prior filing, the firm reported owning 862K shares, representing a decrease of 0.09%. The firm increased its portfolio allocation in AAN by 15.30% over the last quarter.
Aarons Company Inc Background Information
(This description is provided by the company.)
Headquartered in Atlanta, The Aaron's Company, Inc. is a leading technology-enabled omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, appliances and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 31.73%. The put/call ratio of AAN is 0.89, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 31.73%. The put/call ratio of AAN is 0.89, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 31.73%. The put/call ratio of AAN is 0.89, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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Average portfolio weight of all funds dedicated to AAN is 0.08%, an increase of 31.73%. The put/call ratio of AAN is 0.89, indicating a bullish outlook. The firm increased its portfolio allocation in AAN by 15.23% over the last quarter.
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8866.0
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2023-03-01 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Q4 Earnings and Revenues Beat Estimates
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-q4-earnings-and-revenues-beat-estimates
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 550%. A quarter ago, it was expected that this specialty retail would post earnings of $0.16 per share when it actually produced earnings of $0.31, delivering a surprise of 93.75%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $589.58 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 0.86%. This compares to year-ago revenues of $444.8 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Aaron's shares have added about 20.1% since the beginning of the year versus the S&P 500's gain of 3.4%.
What's Next for Aaron's?
While Aaron's has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Aaron's: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.41 on $577.06 million in revenues for the coming quarter and $1.56 on $2.33 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Services - Miscellaneous is currently in the bottom 23% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Pactiv Evergreen Inc. (PTVE), another stock in the same industry, has yet to report results for the quarter ended December 2022. The results are expected to be released on March 6.
This company is expected to post quarterly earnings of $0.05 per share in its upcoming report, which represents a year-over-year change of -93.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Pactiv Evergreen Inc.'s revenues are expected to be $1.56 billion, up 1.9% from the year-ago quarter.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
Pactiv Evergreen Inc. (PTVE) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Pactiv Evergreen Inc. (PTVE) : Free Stock Analysis Report To read this article on Zacks.com click here. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Pactiv Evergreen Inc. (PTVE) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $589.58 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 0.86%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Pactiv Evergreen Inc. (PTVE) : Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $589.58 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 0.86%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.09 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report Pactiv Evergreen Inc. (PTVE) : Free Stock Analysis Report To read this article on Zacks.com click here. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
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8867.0
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2023-02-28 00:00:00 UTC
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Things You Need to Know Ahead of Aaron's (AAN) Q4 Earnings
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https://www.nasdaq.com/articles/things-you-need-to-know-ahead-of-aarons-aan-q4-earnings
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The Aaron's Company, Inc. AAN is scheduled to report fourth-quarter 2022 results on Mar 1.
The Zacks Consensus Estimate for fourth-quarter earnings is pegged at a loss of 2 cents per share, which indicates a sharp decline of 103.3% from the year-ago quarter’s reported figure. However, the consensus mark has been unchanged in the past 30 days. The consensus mark for revenues is pegged at $584.5 million, indicating growth of 31.4% from the figure reported in the year-ago quarter.
For 2022, the Zacks Consensus Estimate is pegged at $2.2 billion, suggesting 21.6% growth from the prior-year quarter’s reported figure. The Zacks Consensus Estimate for 2022 earnings indicates a 47.2% year-over-year plunge to $1.98. We expect the company’s 2022 total revenues to increase 21.5% year over year to $2,242 million and the bottom line to decline 48.7% to $1.92 per share.
In the last reported quarter, the company delivered an earnings surprise of 93.8%. It delivered an earnings surprise of 50.9%, on average, in the trailing four quarters.
The Aaron's Company, Inc. Price and EPS Surprise
The Aaron's Company, Inc. price-eps-surprise | The Aaron's Company, Inc. Quote
Factors to Note
Aaron’s has been gaining from solid customer demand, strategic investments in centralized lease decisioning, robust e-commerce business, strength in the GenNext store program and the BrandsMart buyout. The company has been on track with its efforts to enhance customers' in-store and digital experiences.
It has been witnessing strength in its e-commerce platform, driven by enhanced digital payment and servicing platforms. Also, the rising website traffic and a higher conversion rate are likely to have acted as upsides. Some other notable efforts include increased investments in digital marketing, improved shopping experience, same-day and next-day delivery facilities, personalization of products, and a broader assortment, including the latest product categories. Its express delivery program also bodes well.
The sturdy performance in GenNext stores is expected to have been a key growth driver. Aaron’s newly acquired appliance and electronics retailer, BrandsMart, is likely to have strengthened its market position and expanded the customer base. The deal is expected to have aided Aaron’s top line in the fourth quarter.
Consequently, management, in its last earnings report, raised its 2022 guidance. The company anticipated revenues of $2.23-$2.27 billion, up from the earlier mentioned $2.19-$2.27 billion. Adjusted EBITDA was predicted to be $160-$170 million compared with the prior stated $150-$170 million. It also envisioned adjusted earnings of $1.90-$2.05 compared with the prior stated $1.75-$2.15.
In the Aaron’s Business, revenues were expected to be $1.68-$1.71 billion, up from the previously stated $1.65-$1.71 billion. Adjusted EBITDA was forecast to be $190-$195 million compared with the prior mentioned $180-$195 million. Same-store revenues were predicted to decline 7-6%, up from the earlier stated 8-6% decline. In BrandsMart, revenues were anticipated to be $550-$565 million, up from the prior mentioned $545-$565 million. Adjusted EBITDA was expected to be $20-$25 million.
However, the company has been witnessing dismal margins and a higher provision for lease merchandise write-offs at the Aaron's Business. Also, lower lease revenues and reduced lease portfolio size, the lower exercise of early purchase options, smaller same-store lease portfolio size and drab retail sales are likely to have acted as deterrents.
Zacks Model
Our proven model doesn’t conclusively predict an earnings beat for Aaron's this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Aaron's has a Zacks Rank #3 and an Earnings ESP of 0.00%.
Stocks Poised to Beat Earnings Estimates
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
NIKE NKE currently has an Earnings ESP of +7.19% and a Zacks Rank of 3. NKE is likely to register top-line growth when it reports third-quarter fiscal 2023 earnings. The Zacks Consensus Estimate for quarterly revenues is pegged at $11.4 billion, suggesting 4.6% growth from the figure reported in the prior-year quarter.
You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for NIKE’s earnings for the fiscal third quarter is pegged at 50 cents, suggesting a 42.5% decline from 87 cents reported in the year-ago quarter. The consensus mark has moved down by a penny in the past seven days. NKE delivered an earnings beat of 15.8%, on average, in the trailing four quarters.
PVH Corp PVH currently has an Earnings ESP of +0.71% and a Zacks Rank of 3. PVH is expected to register top and bottom-line declines when it reports fourth-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for PVH’s quarterly revenues is pegged at $2.34 billion, suggesting a decline of 3.8% from the prior-year quarter’s reported figure.
The Zacks Consensus Estimate for PVH’s quarterly earnings has moved up by a penny in the past 30 days. The consensus estimate for earnings suggests a decline of 42.3% from the year-ago quarter’s reported number. PVH delivered an earnings beat of 22.9%, on average, in the trailing four quarters.
Splunk SPLK has an Earnings ESP of +0.39% and carries a Zacks Rank #2. SPLK is expected to register top and bottom-line growth when it reports fourth-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for Splunk quarterly revenues is pegged at $1.1 billion, suggesting a decline of 19% from the prior-year quarter’s reported figure.
The Zacks Consensus Estimate for Splunk quarterly earnings has moved up by a penny in the past 30 days. The consensus estimate for earnings suggests a decline of 68.2% from the year-ago quarter’s reported number. SPLK delivered an earnings beat of 222.03%, on average, in the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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NIKE, Inc. (NKE) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
PVH Corp. (PVH) : Free Stock Analysis Report
Splunk Inc. (SPLK) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN is scheduled to report fourth-quarter 2022 results on Mar 1. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report PVH Corp. (PVH) : Free Stock Analysis Report Splunk Inc. (SPLK) : Free Stock Analysis Report To read this article on Zacks.com click here. The Zacks Consensus Estimate for fourth-quarter earnings is pegged at a loss of 2 cents per share, which indicates a sharp decline of 103.3% from the year-ago quarter’s reported figure.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report PVH Corp. (PVH) : Free Stock Analysis Report Splunk Inc. (SPLK) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN is scheduled to report fourth-quarter 2022 results on Mar 1. The Zacks Consensus Estimate for NIKE’s earnings for the fiscal third quarter is pegged at 50 cents, suggesting a 42.5% decline from 87 cents reported in the year-ago quarter.
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Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report PVH Corp. (PVH) : Free Stock Analysis Report Splunk Inc. (SPLK) : Free Stock Analysis Report To read this article on Zacks.com click here. The Aaron's Company, Inc. AAN is scheduled to report fourth-quarter 2022 results on Mar 1. The Zacks Consensus Estimate for NIKE’s earnings for the fiscal third quarter is pegged at 50 cents, suggesting a 42.5% decline from 87 cents reported in the year-ago quarter.
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The Aaron's Company, Inc. AAN is scheduled to report fourth-quarter 2022 results on Mar 1. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report PVH Corp. (PVH) : Free Stock Analysis Report Splunk Inc. (SPLK) : Free Stock Analysis Report To read this article on Zacks.com click here. The consensus mark for revenues is pegged at $584.5 million, indicating growth of 31.4% from the figure reported in the year-ago quarter.
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8868.0
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2023-02-23 00:00:00 UTC
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Cable One (CABO) Q4 Earnings Miss Estimates
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https://www.nasdaq.com/articles/cable-one-cabo-q4-earnings-miss-estimates-0
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Cable One (CABO) came out with quarterly earnings of $8.94 per share, missing the Zacks Consensus Estimate of $12.56 per share. This compares to earnings of $10.54 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -28.82%. A quarter ago, it was expected that this telecommunications company would post earnings of $12.61 per share when it actually produced earnings of $11.53, delivering a surprise of -8.56%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Cable One, which belongs to the Zacks Cable Television industry, posted revenues of $425.52 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 0.63%. This compares to year-ago revenues of $432.59 million. The company has topped consensus revenue estimates just once over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Cable One shares have added about 2.9% since the beginning of the year versus the S&P 500's gain of 4%.
What's Next for Cable One?
While Cable One has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Cable One: mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $13.16 on $426.51 million in revenues for the coming quarter and $54.76 on $1.71 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Cable Television is currently in the bottom 37% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the broader Zacks Consumer Discretionary sector, Aaron's Company, Inc. (AAN), has yet to report results for the quarter ended December 2022. The results are expected to be released on March 1.
This specialty retail is expected to post quarterly loss of $0.02 per share in its upcoming report, which represents a year-over-year change of -103.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Aaron's Company, Inc.'s revenues are expected to be $584.54 million, up 31.4% from the year-ago quarter.
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Cable One, Inc. (CABO) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Another stock from the broader Zacks Consumer Discretionary sector, Aaron's Company, Inc. (AAN), has yet to report results for the quarter ended December 2022. Click to get this free report Cable One, Inc. (CABO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock.
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Click to get this free report Cable One, Inc. (CABO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Another stock from the broader Zacks Consumer Discretionary sector, Aaron's Company, Inc. (AAN), has yet to report results for the quarter ended December 2022. Cable One, which belongs to the Zacks Cable Television industry, posted revenues of $425.52 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 0.63%.
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Click to get this free report Cable One, Inc. (CABO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Another stock from the broader Zacks Consumer Discretionary sector, Aaron's Company, Inc. (AAN), has yet to report results for the quarter ended December 2022. Cable One (CABO) came out with quarterly earnings of $8.94 per share, missing the Zacks Consensus Estimate of $12.56 per share.
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Another stock from the broader Zacks Consumer Discretionary sector, Aaron's Company, Inc. (AAN), has yet to report results for the quarter ended December 2022. Click to get this free report Cable One, Inc. (CABO) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Cable One (CABO) came out with quarterly earnings of $8.94 per share, missing the Zacks Consensus Estimate of $12.56 per share.
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8869.0
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2022-12-30 00:00:00 UTC
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High Demand, Online Strength Aid Aaron's (AAN) Amid Inflation
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AAN
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https://www.nasdaq.com/articles/high-demand-online-strength-aid-aarons-aan-amid-inflation
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nan
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The Aaron’s Company, Inc. AAN has been gaining from investments in centralized lease decisioning, as well as digital payment and servicing platforms, a solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout. The company also witnessed better-than-expected customer demand.
This led to the impressive third-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Consolidated revenues grew 31.2% to $593.4 million, driven by gains from the BrandsMart buyout.
Consequently, management raised its 2022 guidance. The company anticipates revenues of $2.23-$2.27 billion, up from the earlier mentioned $2.19-$2.27 billion. Adjusted EBITDA is likely to be $160-$170 million, which compares favorably with the prior stated $150-$170 million. It also envisions adjusted earnings of $1.90-$2.05 compared with the prior stated $1.75-$2.15.
In the Aaron’s Business, revenues are expected to be $1.68-$1.71 billion, up from the previously stated $1.65-$1.71 billion. Adjusted EBITDA is likely to be $190-$195 million compared with the prior mentioned $180-$195 million. Same-store revenues are predicted to decline 7-6%, up from the earlier stated 8-6% decline. In BrandsMart, revenues are anticipated to be $550-$565 million, up from the prior mentioned $545-$565 million. Adjusted EBITDA is forecast to be $20-$25 million.
Driven by these factors, this Zacks Rank #3 (Hold) stock has gained 22.5% in the past three months against the industry’s decline of 3%.
Image Source: Zacks Investment Research
That said, let’s delve deeper into the factors aiding AAN.
Factors Narrating Aaron’s Growth Story
Aaron’s continued strength in its e-commerce platform bodes well. In third-quarter 2022, e-commerce lease revenues were up 11.1%, accounting for 16% of the total revenues. The uptick can be attributable to increased website traffic and a higher conversion rate.
Some other notable efforts are increased investments in digital marketing, improved shopping experience, same-day and next-day delivery services, the personalization of products, and a broader assortment, including the latest product categories. Its express delivery program has also been performing well.
The company’s latest acquisition of appliance and electronics retailer, BrandsMart, enabled it to strengthen its market position and expand the customer base. Notably, revenues were $183.3 million in the third quarter of 2022, driven by strength in appliances and e-commerce, which offset weak product sales from the deflation in certain consumer electronics categories.
The company is optimistic about its performance in the near future. It announced the opening of its first BrandsMart store in 2023. BrandsMart revenues are anticipated to be $550-$565 million for 2022, up from the prior mentioned $545-$565 million.
Aaron’s GenNext stores remain major growth drivers. These stores accounted for more than 22% of the total revenues in third-quarter 2022. Management remains on track to open 100 GenNext locations in 2022.
Hurdles on the Way
Despite these upsides, Aaron's has been reeling under dismal margins, lower lease revenues and reduced lease portfolio size. Also, high inflation is concerning.
Notably, the third-quarter gross margin contracted 1280 bps to 50.2%. The operating loss was $17.1 million against the prior-year quarter’s earnings of $33.2 million. Adjusted EBITDA declined 34.3% year over year to $35.2 million due to a dismal gross margin and a higher provision for lease merchandise write-offs at the Aaron's Business. The adjusted EBITDA margin contracted 600 basis points (bps) to 5.9%. Owing to these factors, adjusted earnings of 31 cents per share declined 62.7% year over year from 83 cents per share in the prior-year quarter.
Conclusion
We believe that a solid online show, the BrandsMart buyout and continued strength in the GenNext strategy will aid Aaron’s and help offset inflationary pressures. Also, a VGM Score A raises optimism in the stock. Topping it, AAN’s earnings estimates for 2022 have moved up 2.1% in the past 60 days.
Stocks to Consider
Some better-ranked stocks in the Zacks Consumer Discretionary sector are Hilton Grand Vacations HGV, RCI Hospitality Holdings RICK and Hyatt Hotels H.
Hilton Grand Vacations currently sports a Zacks Rank #1 (Strong Buy). HGV has a trailing four-quarter earnings surprise of 3.7%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for HGV’s 2023 sales and earnings per share (EPS) indicates rises of 4.7% and 24.6%, respectively, from the year-ago period’s reported levels.
RCI Hospitality currently has a Zacks Rank #2 (Buy). RICK has a trailing four-quarter earnings surprise of 6.1%, on average.
The Zacks Consensus Estimate for RICK’s 2023 sales and EPS indicates growth of 12.7% and 10.6%, respectively, from the year-ago period’s reported levels.
Hyatt currently has a Zacks Rank #2. H has a trailing four-quarter earnings surprise of 652.3%, on average.
The Zacks Consensus Estimate for H’s 2023 sales and EPS indicates increases of 7.4% and 136.6%, respectively, from the year-ago period’s reported levels.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Hyatt Hotels Corporation (H) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
RCI Hospitality Holdings, Inc. (RICK) : Free Stock Analysis Report
Hilton Grand Vacations Inc. (HGV) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron’s Company, Inc. AAN has been gaining from investments in centralized lease decisioning, as well as digital payment and servicing platforms, a solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout. Image Source: Zacks Investment Research That said, let’s delve deeper into the factors aiding AAN. Topping it, AAN’s earnings estimates for 2022 have moved up 2.1% in the past 60 days.
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The Aaron’s Company, Inc. AAN has been gaining from investments in centralized lease decisioning, as well as digital payment and servicing platforms, a solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout. Click to get this free report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report RCI Hospitality Holdings, Inc. (RICK) : Free Stock Analysis Report Hilton Grand Vacations Inc. (HGV) : Free Stock Analysis Report To read this article on Zacks.com click here. Image Source: Zacks Investment Research That said, let’s delve deeper into the factors aiding AAN.
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The Aaron’s Company, Inc. AAN has been gaining from investments in centralized lease decisioning, as well as digital payment and servicing platforms, a solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout. Click to get this free report Hyatt Hotels Corporation (H) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report RCI Hospitality Holdings, Inc. (RICK) : Free Stock Analysis Report Hilton Grand Vacations Inc. (HGV) : Free Stock Analysis Report To read this article on Zacks.com click here. Image Source: Zacks Investment Research That said, let’s delve deeper into the factors aiding AAN.
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The Aaron’s Company, Inc. AAN has been gaining from investments in centralized lease decisioning, as well as digital payment and servicing platforms, a solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout. Image Source: Zacks Investment Research That said, let’s delve deeper into the factors aiding AAN. Topping it, AAN’s earnings estimates for 2022 have moved up 2.1% in the past 60 days.
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8870.0
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2022-12-08 00:00:00 UTC
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Are Options Traders Betting on a Big Move in Aaron's (AAN) Stock?
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AAN
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https://www.nasdaq.com/articles/are-options-traders-betting-on-a-big-move-in-aarons-aan-stock-0
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nan
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nan
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Investors in The Aaron's Company AAN need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 16, 2022 $5.00 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Aaron's shares, but what is the fundamental picture for the company? Currently, Aaron's is a Zacks Rank #3 (Hold) in the Consumer Services - Miscellaneous industry that ranks in the Top 39% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimates for the current quarter, while four have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from an earnings of 8 cents per share to a loss of a penny in that period.
Given the way analysts feel about Aaron's right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.
Click to see the trades now >>
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For several months now, electric vehicles have been disrupting the $82 billion automotive industry. And that disruption is only getting bigger thanks to sky-high gas prices. Even titans in the financial industry including George Soros, Jeff Bezos, and Ray Dalio have invested in this unstoppable wave. You don't want to be sitting on your hands while EV stocks break out and climb to new highs. In a new free report, Zacks is revealing the top 5 EV stocks for investors. Next year, don't look back on today wishing you had taken advantage of this opportunity.
>>Send me my free report revealing the top 5 EV stocks
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in The Aaron's Company AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Investors in The Aaron's Company AAN need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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8871.0
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2022-12-01 00:00:00 UTC
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Are Options Traders Betting on a Big Move in Aaron's (AAN) Stock?
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AAN
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https://www.nasdaq.com/articles/are-options-traders-betting-on-a-big-move-in-aarons-aan-stock
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nan
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nan
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 17, 2022 $30.00 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Aaron's shares, but what is the fundamental picture for the company? Currently, Aaron's is a Zacks Rank #3 (Hold) in the Consumer Services - Miscellaneous industry that ranks in the Top 36% of our Zacks Industry Rank. Over the last 60 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from earnings of 0.1 cents per share to loss of 0.1 cents in that period.
Given the way analysts feel about Aaron's right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.
Click to see the trades now >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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8872.0
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2022-11-25 00:00:00 UTC
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Cimpress (CMPR) Up 44.2% Since Last Earnings Report: Can It Continue?
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AAN
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https://www.nasdaq.com/articles/cimpress-cmpr-up-44.2-since-last-earnings-report%3A-can-it-continue
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nan
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nan
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A month has gone by since the last earnings report for Cimpress (CMPR). Shares have added about 44.2% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Cimpress due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
Cimpress (CMPR) Shares Decline 8% Since Q1 Earnings Release
Cimpress reported lackluster first-quarter fiscal 2022 results, wherein earnings missed the Zacks Consensus Estimate by 9% and sales missed the same by 1.9%.
CMPR incurred an adjusted loss of 97 cents per share, wider than the Zacks Consensus Estimate of a loss of 89 cents. Cimpress reported EPS of 9 cents per share in the year-ago quarter.
Top-Line Details
Total revenues in the fiscal first quarter were $703.4 million, reflecting an increase of 7% from $657.6 million in the year-ago quarter. The organic constant-currency revenue growth was 14%, driven by growth across all businesses and markets through increased pricing and customer demand. However, the top line missed the consensus estimate of $717 million.
Segmental Information
The National Pen segment generated revenues of $81.7 million, up from $69.3 million in the prior-year quarter. Vistaprint — the largest revenue-generating segment — reported aggregate revenues of $369.4 million, up from $349.5 million in the year-ago quarter.
The Upload and Print segment’s revenues increased to $209.4 million from $198 million in the year-ago quarter. The segment consists of two subgroups, namely PrintBrothers and The Print Group. PrintBrothers’ revenues increased to $132.7 million from $125.4 million. The Print Group generated revenues of $76.8 million, up from $72.8 million. Revenues from All Other Businesses increased to $51.8 million from $47.9 million.
Margin Details
In the quarter, Cimpress' cost of revenues was $377.7 million, up 11.4% on a year-over-year basis. The metric represented 53.7% of total revenues. Total selling, general & administrative expenses were $255 million, up 15.3%. The same represented 36.3% of total revenues in the quarter.
Gross profit increased 2.2% year over year to $326 million. The margin was 46.3%, down 220 basis points due to inflationary pressure on input costs and product mix shifts in Vista. Net interest expenses fell 3.5% to $24.8 million.
Balance Sheet and Cash Flow
As of Sep 30, 2022, Cimpress had $132.1 million of cash and cash equivalents compared with $277.1 million at the end of the fourth quarter of fiscal 2022. Also, CMPR’s total debt (net of issuance costs) was $1,664.4 million. In the fiscal first quarter, Cimpress refrained from buying back shares.
In fiscal 2022, net cash used in operating activities was $25.3 million against $36.6 million cash provided a year ago.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in fresh estimates.
The consensus estimate has shifted -16.46% due to these changes.
VGM Scores
At this time, Cimpress has an average Growth Score of C, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Cimpress has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Cimpress is part of the Zacks Consumer Services - Miscellaneous industry. Over the past month, Aaron's Company, Inc. (AAN), a stock from the same industry, has gained 12.9%. The company reported its results for the quarter ended September 2022 more than a month ago.
Aaron's reported revenues of $593.38 million in the last reported quarter, representing a year-over-year change of +31.2%. EPS of $0.31 for the same period compares with $0.83 a year ago.
For the current quarter, Aaron's is expected to post a loss of $0.01 per share, indicating a change of -101.7% from the year-ago quarter. The Zacks Consensus Estimate has changed -200% over the last 30 days.
Aaron's has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Cimpress plc (CMPR) : Free Stock Analysis Report
The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Over the past month, Aaron's Company, Inc. (AAN), a stock from the same industry, has gained 12.9%. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
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Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Over the past month, Aaron's Company, Inc. (AAN), a stock from the same industry, has gained 12.9%. Cimpress (CMPR) Shares Decline 8% Since Q1 Earnings Release Cimpress reported lackluster first-quarter fiscal 2022 results, wherein earnings missed the Zacks Consensus Estimate by 9% and sales missed the same by 1.9%.
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Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. Over the past month, Aaron's Company, Inc. (AAN), a stock from the same industry, has gained 12.9%. Cimpress (CMPR) Shares Decline 8% Since Q1 Earnings Release Cimpress reported lackluster first-quarter fiscal 2022 results, wherein earnings missed the Zacks Consensus Estimate by 9% and sales missed the same by 1.9%.
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Over the past month, Aaron's Company, Inc. (AAN), a stock from the same industry, has gained 12.9%. Click to get this free report Cimpress plc (CMPR) : Free Stock Analysis Report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here. A month has gone by since the last earnings report for Cimpress (CMPR).
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8873.0
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2022-11-23 00:00:00 UTC
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Why Is Aaron's (AAN) Up 13.6% Since Last Earnings Report?
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AAN
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https://www.nasdaq.com/articles/why-is-aarons-aan-up-13.6-since-last-earnings-report
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nan
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). Shares have added about 13.6% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Aaron's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
Aaron's Beats Q3 Earnings & Sales Estimates, View Hike
Aaron’s posted impressive third-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Despite the tough economic environment, results gained from strategic investments in centralized lease decisioning, the solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout.
The company remains on track with its efforts to enhance customers' in-store and digital experiences. Consequently, management raised its 2022 guidance. It also launched an operational efficiency and optimization restructuring program.
Q3 in Detail
Aaron's delivered adjusted earnings of 31 cents per share, which surpassed the Zacks Consensus Estimate of 16 cents and our estimate of 20 cents. However, the bottom line declined 62.7% year over year from 83 cents per share reported in the prior-year quarter due to dismal margins and a higher provision for lease merchandise write-offs at the Aaron's Business. On a GAAP basis, the company reported a loss of 51 cents per share against earnings of 73 cents in the year-ago quarter.
Consolidated revenues grew 31.2% to $593.4 million driven by gains from the BrandsMart buyout, somewhat offset by weak lease revenues and fees, as well as drab retail sales at the Aaron's Business. The figure beat the Zacks Consensus Estimate of $571 million and our estimate of $578.2 million.
Breaking up the components of consolidated revenues, we note that lease and retail revenues fell 7.3% in the reported quarter to $372.1 million. Non-retail sales, which mainly include merchandise sales to franchisees, declined 17.5% year over year to $26.5 million. Franchise royalties and fees in the quarter slumped 5.5% to $6 million from the year-ago quarter.
In the Aaron’s Business, revenues declined 8.7% year over year to $412.9 million due to lower lease revenues and reduced lease portfolio size. Same-store revenues fell 7.7% year over year in the third quarter due to a reduced lease renewal rate, the lower exercise of early purchase options, smaller same-store lease portfolio size and drab retail sales, which somewhat offset the larger lease portfolio. E-commerce lease revenues were up 11.1%, accounting for 16% of the total revenues.
Notably, the company had 195 GenNext locations in the said quarter. Management announced the opening of the 200th GenNext location this October.
For BrandsMart, revenues were $183.3 million in the third quarter of 2022, driven by strength in appliances and e-commerce, which offset weak product sales stemming from the deflation in certain consumer electronics categories. The company remains optimistic about its performance in the near future.
Margins
Aaron’s gross profit rose 4.6% to $298 million while, the gross margin contracted 1280 bps to 50.2%. The operating loss came was $17.1 million against the prior-year quarter’s earnings of $33.2 million.
Adjusted EBITDA declined 34.3% year over year to $35.2 million due to dismal gross margin and a higher provision for lease merchandise write-offs at the Aaron's Business, partly offset by gains from the BrandsMart buyout and reduced personnel costs at the Aaron's Business. The adjusted EBITDA margin contracted 600 basis points (bps) to 5.9% in the reported quarter.
Financial Position
The company ended the quarter with cash and cash equivalents of $37.8 million, a debt of $274 million, and shareholders’ equity of $703.7 million. In the first nine months ending Sep 30, 2022, it generated cash from operations of $123.9 million.
Capital expenditure was $26 million in the reported quarter. The metric is expected to be $105-$115 million for 2022 compared with the prior stated $100-$120 million. AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million.
Outlook
Driven by the solid quarterly results, management raised the 2022 view. The company anticipates revenues of $2.23-$2.27 billion, up from the earlier mentioned $2.19-$2.27 billion. Adjusted EBITDA is likely to be $160-$170 million, which compares favorably with the prior stated $150-$170 million. It also envisions adjusted earnings of $1.90-$2.05 compared with the prior stated $1.75-$2.15.
In the Aaron’s Business, revenues are expected to be $1.68-$1.71 billion, up from the previously stated $1.65-$1.71 billion. Adjusted EBITDA is likely to be $190-$195 million compared with the prior mentioned $180-$195 million. Same-store revenues are predicted to decline 7-6%, up from the earlier stated 8-6% decline. In BrandsMart, revenues are anticipated to be $550-$565 million, up from the prior mentioned $545-$565 million. Adjusted EBITDA is forecast to be $20-$25 million.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in estimates revision.
The consensus estimate has shifted -107.32% due to these changes.
VGM Scores
Currently, Aaron's has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Aaron's has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
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The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report
To read this article on Zacks.com click here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. Click to get this free report The Aaron's Company, Inc. (AAN) : Free Stock Analysis Report To read this article on Zacks.com click here.
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8874.0
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2022-10-26 00:00:00 UTC
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The Aaron's Company, Inc. (NYSE:AAN) insiders are still down US$104k after purchasing last year, recent gain helped regain some losses
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https://www.nasdaq.com/articles/the-aarons-company-inc.-nyse%3Aaan-insiders-are-still-down-us%24104k-after-purchasing-last
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Insiders who bought US$175k worth of The Aaron's Company, Inc. (NYSE:AAN) stock in the last year recovered part of their losses as the stock rose by 16% last week. The purchase, however, has proven to be a pricey bet, with losses currently totalling US$104k.
While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
Aaron's Company Insider Transactions Over The Last Year
Over the last year, we can see that the biggest insider purchase was by Independent Director Kelly Barrett for US$103k worth of shares, at about US$25.63 per share. That means that an insider was happy to buy shares at above the current price of US$10.29. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. In our view, the price an insider pays for shares is very important. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.
While Aaron's Company insiders bought shares during the last year, they didn't sell. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
NYSE:AAN Insider Trading Volume October 26th 2022
There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of growing companies that insiders are buying.
Does Aaron's Company Boast High Insider Ownership?
Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. From our data, it seems that Aaron's Company insiders own 1.6% of the company, worth about US$5.2m. Whilst better than nothing, we're not overly impressed by these holdings.
So What Does This Data Suggest About Aaron's Company Insiders?
It doesn't really mean much that no insider has traded Aaron's Company shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. We'd like to see bigger individual holdings. However, we don't see anything to make us think Aaron's Company insiders are doubting the company. In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Aaron's Company. Every company has risks, and we've spotted 3 warning signs for Aaron's Company you should know about.
If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Insiders who bought US$175k worth of The Aaron's Company, Inc. (NYSE:AAN) stock in the last year recovered part of their losses as the stock rose by 16% last week. NYSE:AAN Insider Trading Volume October 26th 2022 There are plenty of other companies that have insiders buying up shares. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares.
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Insiders who bought US$175k worth of The Aaron's Company, Inc. (NYSE:AAN) stock in the last year recovered part of their losses as the stock rose by 16% last week. NYSE:AAN Insider Trading Volume October 26th 2022 There are plenty of other companies that have insiders buying up shares. While Aaron's Company insiders bought shares during the last year, they didn't sell.
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Insiders who bought US$175k worth of The Aaron's Company, Inc. (NYSE:AAN) stock in the last year recovered part of their losses as the stock rose by 16% last week. NYSE:AAN Insider Trading Volume October 26th 2022 There are plenty of other companies that have insiders buying up shares. Aaron's Company Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider purchase was by Independent Director Kelly Barrett for US$103k worth of shares, at about US$25.63 per share.
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Insiders who bought US$175k worth of The Aaron's Company, Inc. (NYSE:AAN) stock in the last year recovered part of their losses as the stock rose by 16% last week. NYSE:AAN Insider Trading Volume October 26th 2022 There are plenty of other companies that have insiders buying up shares. From our data, it seems that Aaron's Company insiders own 1.6% of the company, worth about US$5.2m.
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8875.0
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2022-10-25 00:00:00 UTC
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Consumer Sector Update for 10/25/2022: LAUR,WEBR,AAN,CCK
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https://www.nasdaq.com/articles/consumer-sector-update-for-10-25-2022%3A-laurwebraancck
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Consumer stocks were ending broadly higher in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 1.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) pushing out to a 2.6% advance.
The Conference Board Tuesday said consumer confidence fell to a 102.5 final reading for October, down 4.9% from the prior month and trailing the market forecast looking for a 105.3 October reading.
In company news, Laureate Education (LAUR) added 12% after the for-profit educator overnight declared a special cash dividend of $0.68 per common share, equal to a total cash outlay of about $112 million.
Weber (WEBR) streaked almost 30% higher after saying it received a non-binding buyout proposal from BDT Capital Partners to buy the 11.1% of the outdoor cooking equipment company's class A common shares it doesn't already own for $6.25 each in cash, or 24.3% above Monday's closing price. The company formed a special board committee to review the BDT Capital offer and to consider other potential strategic alternatives, it said.
The Aaron's Company (AAN) surged 28% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean.
Among decliners, Crown Holdings (CCK) tumbled over 17% after reporting non-GAAP Q3 net income of $1.46 per share, down from $2.03 per share during the same quarter last year and missing the Capital IQ expecting a $1.76 per share adjusted profit. The packaging products company also cut its FY22 earning forecast to a new range of $6.60 to $6.70 per share, down from $8.00 to $8.20 per share previously and trailing the $7.63 per share Street view.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company (AAN) surged 28% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. Weber (WEBR) streaked almost 30% higher after saying it received a non-binding buyout proposal from BDT Capital Partners to buy the 11.1% of the outdoor cooking equipment company's class A common shares it doesn't already own for $6.25 each in cash, or 24.3% above Monday's closing price. The company formed a special board committee to review the BDT Capital offer and to consider other potential strategic alternatives, it said.
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The Aaron's Company (AAN) surged 28% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. Consumer stocks were ending broadly higher in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 1.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) pushing out to a 2.6% advance. Among decliners, Crown Holdings (CCK) tumbled over 17% after reporting non-GAAP Q3 net income of $1.46 per share, down from $2.03 per share during the same quarter last year and missing the Capital IQ expecting a $1.76 per share adjusted profit.
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The Aaron's Company (AAN) surged 28% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. Among decliners, Crown Holdings (CCK) tumbled over 17% after reporting non-GAAP Q3 net income of $1.46 per share, down from $2.03 per share during the same quarter last year and missing the Capital IQ expecting a $1.76 per share adjusted profit. The packaging products company also cut its FY22 earning forecast to a new range of $6.60 to $6.70 per share, down from $8.00 to $8.20 per share previously and trailing the $7.63 per share Street view.
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The Aaron's Company (AAN) surged 28% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. Consumer stocks were ending broadly higher in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 1.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) pushing out to a 2.6% advance. The Conference Board Tuesday said consumer confidence fell to a 102.5 final reading for October, down 4.9% from the prior month and trailing the market forecast looking for a 105.3 October reading.
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8876.0
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2022-10-25 00:00:00 UTC
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Consumer Sector Update for 10/25/2022: WEBR, AAN, CCK
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https://www.nasdaq.com/articles/consumer-sector-update-for-10-25-2022%3A-webr-aan-cck
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Consumer stocks were broadly higher in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.8% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 2.1%.
In company news, Weber (WEBR) streaked more than 30% higher after saying it received a non-binding buyout proposal from BDT Capital Partners to buy the 11.1% of the outdoor cooking equipment company's class A common shares it doesn't already own for $6.25 each in cash, or 24.3% above Monday's closing price. The company formed a special board committee to review the BDT Capital offer and to consider other potential strategic alternatives, it said.
The Aaron's Company (AAN) surged over 25% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean.
Crown Holdings (CCK) tumbled almost 18% after reporting non-GAAP Q3 net income of $1.46 per share, down from $2.03 per share during the same quarter last year and missing the Capital IQ expecting a $1.76 per share adjusted profit. The packaging products company also cut its FY22 earning forecast to a new range of $6.60 to $6.70 per share, down from $8.00 to $8.20 per share previously and trailing the $7.63 per share Street view.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company (AAN) surged over 25% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. In company news, Weber (WEBR) streaked more than 30% higher after saying it received a non-binding buyout proposal from BDT Capital Partners to buy the 11.1% of the outdoor cooking equipment company's class A common shares it doesn't already own for $6.25 each in cash, or 24.3% above Monday's closing price. The company formed a special board committee to review the BDT Capital offer and to consider other potential strategic alternatives, it said.
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The Aaron's Company (AAN) surged over 25% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. Consumer stocks were broadly higher in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.8% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 2.1%. Crown Holdings (CCK) tumbled almost 18% after reporting non-GAAP Q3 net income of $1.46 per share, down from $2.03 per share during the same quarter last year and missing the Capital IQ expecting a $1.76 per share adjusted profit.
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The Aaron's Company (AAN) surged over 25% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. Crown Holdings (CCK) tumbled almost 18% after reporting non-GAAP Q3 net income of $1.46 per share, down from $2.03 per share during the same quarter last year and missing the Capital IQ expecting a $1.76 per share adjusted profit. The packaging products company also cut its FY22 earning forecast to a new range of $6.60 to $6.70 per share, down from $8.00 to $8.20 per share previously and trailing the $7.63 per share Street view.
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The Aaron's Company (AAN) surged over 25% after the appliance company overnight reported non-GAAP Q3 net income of $0.31 per share, breezing past the Capital IQ consensus expecting an adjusted profit of $0.11 per share, while net sales increased 31% year-over-year to $593.4 million, also exceeding the $558.5 million analyst mean. Consumer stocks were broadly higher in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.8% and the SPDR Consumer Discretionary Select Sector ETF (XLY) rising 2.1%. In company news, Weber (WEBR) streaked more than 30% higher after saying it received a non-binding buyout proposal from BDT Capital Partners to buy the 11.1% of the outdoor cooking equipment company's class A common shares it doesn't already own for $6.25 each in cash, or 24.3% above Monday's closing price.
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8877.0
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2022-10-25 00:00:00 UTC
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Validea Kenneth Fisher Strategy Daily Upgrade Report - 10/25/2022
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https://www.nasdaq.com/articles/validea-kenneth-fisher-strategy-daily-upgrade-report-10-25-2022
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The following are today's upgrades for Validea's Price/Sales Investor model based on the published strategy of Kenneth Fisher. This value strategy rewards stocks with low P/S ratios, long-term profit growth, strong free cash flow and consistent profit margins.
KONINKLIJKE PHILIPS NV (ADR) (PHG) is a large-cap value stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Kenneth Fisher changed from 50% to 90% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Koninklijke Philips NV is the Netherlands-based health technology company. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease. The Diagnosis & Treatment businesses segment delivers precision medicine and treatment, and therapy. The Connected Care & Health Informatics businesses segment provides consumers, care givers and clinicians with digital solutions that facilitate care by enabling precision medicine and population health management. The HealthTech Other segment comprises such items, as innovation, emerging businesses, royalties, among others. The Legacy Items segment consists mainly of separation costs, legacy legal items, legacy pension costs, among others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PRICE/SALES RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
PRICE/RESEARCH RATIO: PASS
PRICE/SALES RATIO: PASS
LONG-TERM EPS GROWTH RATE: FAIL
FREE CASH PER SHARE: PASS
THREE YEAR AVERAGE NET PROFIT MARGIN: PASS
Detailed Analysis of KONINKLIJKE PHILIPS NV (ADR)
Full Guru Analysis for PHG
Full Factor Report for PHG
ALIBABA GROUP HOLDING LTD - ADR (BABA) is a large-cap growth stock in the Retail (Specialty) industry. The rating according to our strategy based on Kenneth Fisher changed from 58% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Alibaba Group Holding Ltd provides technology infrastructure and marketing platforms. The Company operates through seven segments. China Commerce segment includes China retail commerce businesses such as Taobao, Tmall and Freshippo, among others, and wholesale business. International Commerce segment includes international retail and wholesale commerce businesses such as Lazada and AliExpress. Local Consumer Services segment includes location-based businesses such as Ele.me, Amap, Fliggy and others. Cainiao segment includes domestic and international one-stop-shop logistics services and supply chain management solutions. Cloud segment provides public and hybrid cloud services like Alibaba Cloud and DingTalk for domestic and foreign enterprises. Digital Media and Entertainment segment includes Youku, Quark and Alibaba Pictures, other content and distribution platforms and online games business. Innovation Initiatives and Others segment include Damo Academy, Tmall Genie and others.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PRICE/SALES RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
PRICE/RESEARCH RATIO: PASS
PRICE/SALES RATIO: FAIL
LONG-TERM EPS GROWTH RATE: FAIL
FREE CASH PER SHARE: PASS
THREE YEAR AVERAGE NET PROFIT MARGIN: PASS
Detailed Analysis of ALIBABA GROUP HOLDING LTD - ADR
Full Guru Analysis for BABA
Full Factor Report for BABA
KE HOLDINGS INC - ADR (BEKE) is a large-cap growth stock in the Real Estate Operations industry. The rating according to our strategy based on Kenneth Fisher changed from 48% to 60% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: KE Holdings Inc is a China-based holding company engaged in housing transactions and related services. The Company operates in three segments. Existing Home Transaction Services segment mainly provides sales and leasing services of existing housing through the online platform Beike as the brokerage. New Home Transaction Services segment mainly provides new housing agency sales for real estate developers. Emerging and Other services segment is engaged in financial services and other newly developed businesses. The Company mainly conducts its business in the domestic market.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PRICE/SALES RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
PRICE/RESEARCH RATIO: PASS
PRICE/SALES RATIO: FAIL
LONG-TERM EPS GROWTH RATE: FAIL
FREE CASH PER SHARE: FAIL
THREE YEAR AVERAGE NET PROFIT MARGIN: FAIL
Detailed Analysis of KE HOLDINGS INC - ADR
Full Guru Analysis for BEKE
Full Factor Report for BEKE
AARON'S COMPANY INC (AAN) is a small-cap growth stock in the Rental & Leasing industry. The rating according to our strategy based on Kenneth Fisher changed from 50% to 80% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: The Aaron's Company, Inc. is an omnichannel provider of lease-to-own (LTO) solutions. The Company through its Aarons.com electronic commerce platform provides direct-to-consumer sales and lease ownership of furniture, appliances, consumer electronics and accessories. The Company's operations also include Woodhaven Furniture Industries (Woodhaven), which manufactures and supplies the majority of the bedding and a portion of the upholstered furniture leased and sold in Company-operated and franchised stores. Its electronic commerce platform, Aarons.com, allows customers to browse for merchandise, qualify for a lease, and complete the lease transaction. The Company holds approximately 1,300 Company-operated and franchised stores in 47 states and Canada, which are owned and operated by independent franchisees on a licensed basis.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
PRICE/SALES RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
PRICE/RESEARCH RATIO: PASS
PRICE/SALES RATIO: PASS
LONG-TERM EPS GROWTH RATE: FAIL
FREE CASH PER SHARE: PASS
THREE YEAR AVERAGE NET PROFIT MARGIN: FAIL
Detailed Analysis of AARON'S COMPANY INC
Full Guru Analysis for AAN
Full Factor Report for AAN
More details on Validea's Kenneth Fisher strategy
About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The younger Fisher wowed Wall Street in the mid-1980s when his book Super Stocks first popularized the idea of using the price/sales ratio (PSR) as a means of identifying attractive stocks. According to his alma mater, Humboldt State University, Fisher is also one of the world's foremost experts on 19th century logging. Appropriately, Fisher's firm, Fisher Investments, is located in a lush forest preserve in Woodside, California, where the contrarian-minded Fisher says he and his employees can get away from Wall Street groupthink.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of KE HOLDINGS INC - ADR Full Guru Analysis for BEKE Full Factor Report for BEKE AARON'S COMPANY INC (AAN) is a small-cap growth stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN More details on Validea's Kenneth Fisher strategy About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. Digital Media and Entertainment segment includes Youku, Quark and Alibaba Pictures, other content and distribution platforms and online games business.
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Detailed Analysis of KE HOLDINGS INC - ADR Full Guru Analysis for BEKE Full Factor Report for BEKE AARON'S COMPANY INC (AAN) is a small-cap growth stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN More details on Validea's Kenneth Fisher strategy About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items.
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Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN More details on Validea's Kenneth Fisher strategy About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. Detailed Analysis of KE HOLDINGS INC - ADR Full Guru Analysis for BEKE Full Factor Report for BEKE AARON'S COMPANY INC (AAN) is a small-cap growth stock in the Rental & Leasing industry. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items.
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Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN More details on Validea's Kenneth Fisher strategy About Kenneth Fisher: The son of Philip Fisher, who is considered the "Father of Growth Investing", Kenneth Fisher is a money manager, bestselling author, and longtime Forbes columnist. Detailed Analysis of KE HOLDINGS INC - ADR Full Guru Analysis for BEKE Full Factor Report for BEKE AARON'S COMPANY INC (AAN) is a small-cap growth stock in the Rental & Leasing industry. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care & Health Informatics businesses, HealthTech Other and Legacy Items.
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8878.0
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2022-10-25 00:00:00 UTC
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Aaron's (AAN) Stock Up on Q3 Earnings & Sales Beat, View Hike
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https://www.nasdaq.com/articles/aarons-aan-stock-up-on-q3-earnings-sales-beat-view-hike
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Shares of The Aaron's Company, Inc. AAN jumped nearly 16%, following the impressive third-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. Despite the tough economic environment, results gained from strategic investments in centralized lease decisioning, the solid e-commerce business, strength in the GenNext store program, and gains from the BrandsMart buyout.
The company remains on track with its efforts to enhance customers' in-store and digital experiences. Consequently, management raised its 2022 guidance. It also launched an operational efficiency and optimization restructuring program.
However, shares of this Zacks Rank #4 (Sell) company have plunged 47.3% in the past three months compared with the industry’s 7.2% decline.
Image Source: Zacks Investment Research
Q3 in Detail
Aaron's delivered adjusted earnings of 31 cents per share, which surpassed the Zacks Consensus Estimate of 16 cents and our estimate of 20 cents. However, the bottom line declined 62.7% year over year from 83 cents per share reported in the prior-year quarter due to dismal margins and a higher provision for lease merchandise write-offs at the Aaron's Business. On a GAAP basis, the company reported a loss of 51 cents per share against earnings of 73 cents in the year-ago quarter.
Consolidated revenues grew 31.2% to $593.4 million driven by gains from the BrandsMart buyout, somewhat offset by weak lease revenues and fees, as well as drab retail sales at the Aaron's business. The figure beat the Zacks Consensus Estimate of $571 million and our estimate of $578.2 million.
Breaking up the components of consolidated revenues, we note that lease and retail revenues fell 7.3% in the reported quarter to $372.1 million and missed our estimate of $537.2 million. Non-retail sales, which mainly include merchandise sales to franchisees, declined 17.5% year over year to $26.5 million and lagged our estimate of $34.7 million. Franchise royalties and fees in the quarter slumped 5.5% to $6 million from the year-ago quarter and missed our estimate of $6.3 million.
In the Aaron’s business, revenues declined 8.7% year over year to $412.9 million due to lower lease revenues and reduced lease portfolio size. Same-store revenues fell 7.7% year over year in the third quarter due to a reduced lease renewal rate, the lower exercise of early purchase options, smaller same-store lease portfolio size and drab retail sales, which somewhat offset the larger lease portfolio. E-commerce lease revenues were up 11.1%, accounting for 16% of the total revenues.
Notably, the company had 195 GenNext locations in the said quarter. Management announced the opening of the 200th GenNext location this October.
For BrandsMart, revenues were $183.3 million in the third quarter of 2022, driven by strength in appliances and e-commerce, which offset weak product sales stemming from the deflation in certain consumer electronics categories. The company remains optimistic about its performance in the near future.
Margins
Aaron’s gross profit rose 4.6% to $298 million while, the gross margin contracted 1280 bps to 50.2%. The operating loss came was $17.1 million against the prior-year quarter’s earnings of $33.2 million.
Adjusted EBITDA declined 34.3% year over year to $35.2 million due to dismal gross margin and a higher provision for lease merchandise write-offs at the Aaron's Business, partly offset by gains from the BrandsMart buyout and reduced personnel costs at the Aaron's Business. The adjusted EBITDA margin contracted 600 basis points (bps) to 5.9% in the reported quarter.
Financial Position
The company ended the quarter with cash and cash equivalents of $37.8 million, a debt of $274 million, and shareholders’ equity of $703.7 million. In the first nine months ending Sep 30, 2022, it generated cash from operations of $123.9 million.
Capital expenditure was $26 million in the reported quarter. The metric is expected to be $105-$115 million for 2022 compared with the prior stated $100-$120 million. AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million.
The Aaron's Company, Inc. Price, Consensus and EPS Surprise
The Aaron's Company, Inc. price-consensus-eps-surprise-chart | The Aaron's Company, Inc. Quote
Outlook
Driven by the solid quarterly results, management raised the 2022 view.
The company anticipates revenues of $2.23-$2.27 billion, up from the earlier mentioned $2.19-$2.27 billion. Adjusted EBITDA is likely to be $160-$170 million, which compares favorably with the prior stated $150-$170 million. It also envisions adjusted earnings of $1.90-$2.05 compared with the prior stated $1.75-$2.15.
In the Aaron’s business, revenues are expected to be $1.68-$1.71 billion, up from the previously stated $1.65-$1.71 billion. Adjusted EBITDA is likely to be $190-$195 million compared with the prior mentioned $180-$195 million. Same-store revenues are predicted to decline 7-6%, up from the earlier stated 8-6% decline.
In BrandsMart, revenues are anticipated to be $550-$565 million, up from the prior mentioned $545-$565 million. Adjusted EBITDA is still forecasted to be $20-$25 million.
Stocks to Consider
Some better-ranked companies from the Consumer Discretionary sector are Toro TTC, lululemon athletica LULU and Crocs Inc. CROX.
Toro currently sports a Zacks Rank #1 (Strong Buy). TTC has a trailing four-quarter earnings surprise of 1.4%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Toro’s current financial year’s sales and earnings suggests growth of 14.4% and 16%, respectively, from the year-ago period's reported numbers.
Crocs currently carries a Zacks Rank #2 (Buy). The company has a trailing four-quarter earnings surprise of 21.9% on average. CROX has an expected long-term earnings growth rate of 15%.
The Zacks Consensus Estimate for Crocs’ current financial year’s sales and earnings per share suggests growth of 49.7% and 20.7%, respectively, from the year-ago period's reported numbers.
lululemon presently has a Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 10.4%, on average. LULU has an expected long-term earnings growth rate of 20%.
The Zacks Consensus Estimate for lululemon’s current financial-year sales and earnings suggests growth of 26.7% and 26.8% from the year-ago period’s reported numbers, respectively.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
lululemon athletica inc. (LULU): Free Stock Analysis Report
Crocs, Inc. (CROX): Free Stock Analysis Report
Toro Company The (TTC): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Shares of The Aaron's Company, Inc. AAN jumped nearly 16%, following the impressive third-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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Shares of The Aaron's Company, Inc. AAN jumped nearly 16%, following the impressive third-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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Shares of The Aaron's Company, Inc. AAN jumped nearly 16%, following the impressive third-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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Shares of The Aaron's Company, Inc. AAN jumped nearly 16%, following the impressive third-quarter 2022 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate. AAN expects a free cash flow of $70-$75 million for 2022 compared with the earlier mentioned $50-$60 million. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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8879.0
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2022-10-25 00:00:00 UTC
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Pre-market Movers: TSHA, LMST, MEDP, WEBR, AAN…
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AAN
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https://www.nasdaq.com/articles/pre-market-movers%3A-tsha-lmst-medp-webr-aan...
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(RTTNews) - The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 08.30 A.M. ET).
In the Green
Taysha Gene Therapies, Inc. (TSHA) is up over 41% at $2.13 Limestone Bancorp, Inc. (LMST) is up over 29% at $25.31 Medpace Holdings, Inc. (MEDP) is up over 28% at $203.66 Weber Inc. (WEBR) is up over 26% at $6.36 The Aaron's Company, Inc. (AAN) is up over 12% at $9.15
In the Red
Crown Holdings, Inc. (CCK) is down over 10% at $76.48 Xerox Holdings Corporation (XRX) is down over 10% at $14.26 PepGen Inc. (PEPG) is down over 10% at $8.49 SHF Holdings, Inc. (SHFS) is down over 10% at $2.56 Franklin Street Properties Corp. (FSP) is down over 9% at $2.20
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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In the Green Taysha Gene Therapies, Inc. (TSHA) is up over 41% at $2.13 Limestone Bancorp, Inc. (LMST) is up over 29% at $25.31 Medpace Holdings, Inc. (MEDP) is up over 28% at $203.66 Weber Inc. (WEBR) is up over 26% at $6.36 The Aaron's Company, Inc. (AAN) is up over 12% at $9.15 In the Red Crown Holdings, Inc. (CCK) is down over 10% at $76.48 Xerox Holdings Corporation (XRX) is down over 10% at $14.26 PepGen Inc. (PEPG) is down over 10% at $8.49 SHF Holdings, Inc. (SHFS) is down over 10% at $2.56 Franklin Street Properties Corp. (FSP) is down over 9% at $2.20 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. (RTTNews) - The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 08.30 A.M. ET).
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In the Green Taysha Gene Therapies, Inc. (TSHA) is up over 41% at $2.13 Limestone Bancorp, Inc. (LMST) is up over 29% at $25.31 Medpace Holdings, Inc. (MEDP) is up over 28% at $203.66 Weber Inc. (WEBR) is up over 26% at $6.36 The Aaron's Company, Inc. (AAN) is up over 12% at $9.15 In the Red Crown Holdings, Inc. (CCK) is down over 10% at $76.48 Xerox Holdings Corporation (XRX) is down over 10% at $14.26 PepGen Inc. (PEPG) is down over 10% at $8.49 SHF Holdings, Inc. (SHFS) is down over 10% at $2.56 Franklin Street Properties Corp. (FSP) is down over 9% at $2.20 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. (RTTNews) - The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 08.30 A.M. ET).
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In the Green Taysha Gene Therapies, Inc. (TSHA) is up over 41% at $2.13 Limestone Bancorp, Inc. (LMST) is up over 29% at $25.31 Medpace Holdings, Inc. (MEDP) is up over 28% at $203.66 Weber Inc. (WEBR) is up over 26% at $6.36 The Aaron's Company, Inc. (AAN) is up over 12% at $9.15 In the Red Crown Holdings, Inc. (CCK) is down over 10% at $76.48 Xerox Holdings Corporation (XRX) is down over 10% at $14.26 PepGen Inc. (PEPG) is down over 10% at $8.49 SHF Holdings, Inc. (SHFS) is down over 10% at $2.56 Franklin Street Properties Corp. (FSP) is down over 9% at $2.20 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. (RTTNews) - The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 08.30 A.M. ET).
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In the Green Taysha Gene Therapies, Inc. (TSHA) is up over 41% at $2.13 Limestone Bancorp, Inc. (LMST) is up over 29% at $25.31 Medpace Holdings, Inc. (MEDP) is up over 28% at $203.66 Weber Inc. (WEBR) is up over 26% at $6.36 The Aaron's Company, Inc. (AAN) is up over 12% at $9.15 In the Red Crown Holdings, Inc. (CCK) is down over 10% at $76.48 Xerox Holdings Corporation (XRX) is down over 10% at $14.26 PepGen Inc. (PEPG) is down over 10% at $8.49 SHF Holdings, Inc. (SHFS) is down over 10% at $2.56 Franklin Street Properties Corp. (FSP) is down over 9% at $2.20 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. (RTTNews) - The following are some of the stocks making big moves in Tuesday's pre-market trading (as of 08.30 A.M. ET).
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8880.0
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2022-10-24 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Surpasses Q3 Earnings and Revenue Estimates
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-surpasses-q3-earnings-and-revenue-estimates
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 93.75%. A quarter ago, it was expected that this specialty retail would post earnings of $0.66 per share when it actually produced earnings of $0.79, delivering a surprise of 19.70%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $593.38 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 3.85%. This compares to year-ago revenues of $452.15 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Aaron's shares have lost about 64.7% since the beginning of the year versus the S&P 500's decline of -21.3%.
What's Next for Aaron's?
While Aaron's has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Aaron's: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.08 on $592.45 million in revenues for the coming quarter and $1.85 on $2.23 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Services - Miscellaneous is currently in the bottom 43% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, F45 Training Holdings Inc. (FXLV), is yet to report results for the quarter ended September 2022.
This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of +84.2%. The consensus EPS estimate for the quarter has been revised 50% lower over the last 30 days to the current level.
F45 Training Holdings Inc.'s revenues are expected to be $24.41 million, down 10.2% from the year-ago quarter.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock And 4 Runners Up
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
F45 Training Holdings Inc. (FXLV): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.16 per share. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.16 per share. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $593.38 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 3.85%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.16 per share. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $593.38 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 3.85%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.16 per share. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The company has topped consensus revenue estimates two times over the last four quarters.
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8881.0
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2022-10-18 00:00:00 UTC
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Factors Likely to Decide Aaron's (AAN) Fate in Q3 Earnings
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https://www.nasdaq.com/articles/factors-likely-to-decide-aarons-aan-fate-in-q3-earnings
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The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2022 results on Oct 24.
The Zacks Consensus Estimate for third-quarter earnings is pegged at 16 cents per share, which indicates a sharp decline of 80.7% from the year-ago quarter’s reported figure. However, the consensus mark has been unchanged in the past 30 days. The consensus mark for revenues is pegged at $571.4 million, indicating growth of 26.4% from the figure reported in the year-ago quarter.
We expect the company’s third-quarter total revenues to increase 28% year over year to $578.2 million and the bottom line to decline 76.1% to 20 cents per share.
In the last reported quarter, the company delivered an earnings surprise of 19.7%. It delivered an earnings surprise of 41.6%, on average, in the trailing four quarters.
The Aaron's Company, Inc. Price and EPS Surprise
The Aaron's Company, Inc. price-eps-surprise | The Aaron's Company, Inc. Quote
Factors to Note
Aaron’s has been reeling under continued inflation and other macroeconomic factors, including adverse customer demand, lease portfolio size, lease renewal rates and a potential decline in lease merchandise write-offs. Also, lower-than-expected lease renewal rates are likely to have acted as deterrents.
The company has been witnessing weak customer demand and lower payment activity in the Aaron’s business, stemming from rising inflation. This, along with reduced lease, drab retail sales and a decline in early purchase options, is likely to have been concerning.
However, the company has been witnessing strength in its e-commerce platform, driven by increased investments in digital marketing, improved shopping experience, same-day and next-day delivery services, the personalization of products, and a broader assortment, including the latest product categories. AAN’s express delivery program also bodes well.
The sturdy performance in GenNext stores is expected to have been a key growth driver. Aaron’s newly acquired appliance and electronics retailer, BrandsMart, is likely to have strengthened its market position and expanded the customer base. The deal is expected to have aided Aaron’s top line in the third quarter.
Zacks Model
Our proven model doesn’t conclusively predict an earnings beat for Aaron's this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Aaron's has a Zacks Rank #5 (Strong Sell) and an Earnings ESP of +7.37%.
Stocks Poised to Beat Earnings Estimates
Here are some companies that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:
BJ's Wholesale BJ has an Earnings ESP of +0.79% and currently sports a Zacks Rank #1. BJ is likely to register top-line growth when it reports third-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for its quarterly revenues is pegged at $4.64 billion, suggesting 8.8% growth from the figure reported in the prior-year quarter. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for BJ's Wholesale’s fiscal third-quarter earnings is pegged at 79 cents, suggesting a 13.2% decline from 91 cents reported in the year-ago quarter. The consensus mark has moved down by a penny in the past 30 days.
Charter Communications CHTR currently has an Earnings ESP of +0.63% and a Zacks Rank of 3. The company is expected to register top and bottom-line growth when it reports third-quarter 2022 numbers. The Zacks Consensus Estimate for CHTR’s quarterly revenues is pegged at $13.89 billion, which suggests growth of 5.6% from the prior-year quarter’s reported figure.
The Zacks Consensus Estimate for Charter Communications' quarterly earnings per share has moved up 0.4% in the past 30 days. However, the consensus estimate for earnings suggests 23.1% growth from the year-ago reported number. CHTR has delivered an earnings beat of 19.4%, on average, in the trailing four quarters.
Ralph Lauren RL currently has an Earnings ESP of +0.08% and a Zacks Rank #3. RL is anticipated to register top-line growth when it reports second-quarter fiscal 2023 results. The Zacks Consensus Estimate for its quarterly revenues is pegged at $1.6 billion, indicating an improvement of 3.7% from the figure reported in the prior-year quarter.
However, the Zacks Consensus Estimate for Ralph Lauren’s earnings of $2.07 per share has moved down 1.4% in the past 30 days. The consensus estimate suggests a decline of 21% from 99 cents reported in the year-ago quarter. RL has delivered an earnings beat of 34.9%, on average, in the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
BJ's Wholesale Club Holdings, Inc. (BJ): Free Stock Analysis Report
Ralph Lauren Corporation (RL): Free Stock Analysis Report
Charter Communications, Inc. (CHTR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2022 results on Oct 24. AAN’s express delivery program also bodes well. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2022 results on Oct 24. AAN’s express delivery program also bodes well. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2022 results on Oct 24. AAN’s express delivery program also bodes well. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Aaron's Company, Inc. AAN is scheduled to report third-quarter 2022 results on Oct 24. AAN’s express delivery program also bodes well.
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8882.0
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2022-10-17 00:00:00 UTC
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Earnings Preview: Aaron's Company, Inc. (AAN) Q3 Earnings Expected to Decline
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https://www.nasdaq.com/articles/earnings-preview%3A-aarons-company-inc.-aan-q3-earnings-expected-to-decline
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The market expects Aaron's Company, Inc. (AAN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 24. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on theearnings call it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus Estimate
This specialty retail is expected to post quarterly earnings of $0.16 per share in its upcoming report, which represents a year-over-year change of -80.7%.
Revenues are expected to be $571.36 million, up 26.4% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 2.38% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Aaron's?
For Aaron's, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +7.37%.
On the other hand, the stock currently carries a Zacks Rank of #5.
So, this combination makes it difficult to conclusively predict that Aaron's will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Aaron's would post earnings of $0.66 per share when it actually produced earnings of $0.79, delivering a surprise of +19.70%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Aaron's doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The market expects Aaron's Company, Inc. (AAN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
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The market expects Aaron's Company, Inc. (AAN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
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The market expects Aaron's Company, Inc. (AAN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate.
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The market expects Aaron's Company, Inc. (AAN) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 24.
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8883.0
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2022-09-06 00:00:00 UTC
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Do Options Traders Know Something About Aaron's (AAN) Stock We Don't?
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AAN
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https://www.nasdaq.com/articles/do-options-traders-know-something-about-aarons-aan-stock-we-dont-0
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nan
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nan
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. That is because the Sep 16, 2022 $7.50 Call had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Aaron's shares, but what is the fundamental picture for the company? Currently, Aaron's is a Zacks Rank #5 (Strong Sell) in the Consumer Services - Miscellaneous industry that ranks in the Top 25% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while one analyst has revised the estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 23 cents per share to 16 cents in that period.
Given the way analysts feel about Aaron's right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
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8884.0
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2022-08-24 00:00:00 UTC
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Aaron's (AAN) Up 6.3% Since Last Earnings Report: Can It Continue?
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AAN
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https://www.nasdaq.com/articles/aarons-aan-up-6.3-since-last-earnings-report%3A-can-it-continue
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nan
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nan
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). Shares have added about 6.3% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Aaron's due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.
Aaron's Q2 Earnings Beat Estimates, Sales Lag
Aaron’s has been gaining from strength in its e-commerce business and a sturdy performance in GenNext stores. This, along with accretive gains from the acquisition of BrandsMart, contributed to its second-quarter 2022 results. However, the company witnessed weak customer demand and lower payment activity in the Aaron’s business stemming from rising inflation. Also, lower-than-expected lease renewal rates acted as a deterrent.
In response to this, AAN has been leveraging its centralized lease decisioning and digital servicing platforms to mitigate cost inflation. It has also lowered operating expenses as well as reduced staff in its Aaron stores and store support center. AAN announced the closure of one of its corporate office locations. It revealed plans to close additional Aaron stores by the year end. The company also reduced inventory purchases to remain in sync with ongoing demand trends.
Let’s Delve Deeper
Aaron's delivered adjusted earnings of 79 cents per share, which surpassed the Zacks Consensus Estimate of 66 cents. However, the bottom line declined 24.8% year over year from $1.05 per share reported in the prior-year quarter. On a GAAP basis, the company reported a loss of 17 cents per share against earnings of 95 cents reported in the year-ago quarter.
Consolidated revenues grew 30.6% to $610.4 million but missed the Zacks Consensus Estimate of $615 million. Breaking up the components of consolidated revenues, we note that lease and retail revenues jumped 35% in the reported quarter to $577.4 million. Non-retail sales, which mainly include merchandise sales to franchisees, fell 16.7% year over year to $27 million. Franchise royalties and fees in the quarter slumped 8.6% to $6 million from the year-ago quarter.
In the Aaron’s business, revenues declined 8% year over year to $430.2 million due to due to lower lease revenues and retail sales. This is mainly due to reduced lease, drab retail sales and a decline in early purchase options. On the flip side, a larger average same-store lease portfolio size remained an upside.
Same-store revenues fell 6.7% year over year in the second quarter due to reduced lease renewal rate, lower exercise of early purchase options and drab retail sales, which somewhat offset the larger lease portfolio. E-commerce lease revenues were up 4%, accounting for 15.4% of the total revenues.
Notably, the company opened 36 GenNext locations in the said quarter, bringing the total store count to 171. This accounted for 17.4% of total revenues. Management also revealed plans to add approximately 45 more GenNext locations this year.
For BrandsMart, revenues came in at $181.4 million in the second quarter of 2022, driven by a rise in average ticket, strength in appliances and double-digit growth in the e-commerce channel. This is the first time that BrandsMart was included in the company’s results since its buyout. Management noted that this new business segment started on a solid note. The company remains optimistic about its performance in the near future.
Aaron’s adjusted EBITDA declined 26.4% year over year to $48.1 million. Adjusted EBITDA margin contracted 610 basis points (bps) to 7.9% in the reported quarter due to an expected reduction in lease renewal rates, potential growth in write-offs and elevated operating expenses, which was partly offset by lower personnel. Adjusted EBITDA margin contracted 710 bps year over year to 7.9%.
Financial Position
The company ended the quarter with cash and cash equivalents of $28.2 million, debt of $310.3 million and shareholders’ equity of $720.5 million. As of Jun 30, it had total liquidity of $273.4 million under its revolving credit facility. In the reported quarter, it generated cash from operations of $57.1 million.
Capital expenditure is expected to be $100-$120 million for 2022 compared to prior view of $100-$125 million. AAN expects a free cash flow of $50-$60 million as compared to earlier mentioned view of $45-$55 million for 2022.
In the reported quarter, it bought back 254,216 shares of Aaron's common stock worth $5.3 million. AAN’s board raised the share repurchase authorization. As of Jun 30, 2022, the company has shares worth $135.8 million remaining under its share repurchase program. The board paid out a quarterly dividend of 11.25 cents per share on Jul 5.
Outlook
Going ahead, management expects continued inflation and other macroeconomic factors, including adverse customer demand, lease portfolio size, lease renewal rates and potential decline in lease merchandise write-offs. As a result, it slashed the 2022 view.
The company anticipates revenues of $2.19-$2.27 billion, down from the earlier mentioned $2.32-$2.39 billion. Adjusted EBITDA is likely to be $150-$170 million, which compares unfavorably with the prior stated $200-$215 million. It also envisions adjusted earnings of $1.75-$2.15, down from the prior stated $2.65-$2.90.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in estimates review.
The consensus estimate has shifted -72.41% due to these changes.
VGM Scores
At this time, Aaron's has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Aaron's has a Zacks Rank #5 (Strong Sell). We expect a below average return from the stock in the next few months.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). In response to this, AAN has been leveraging its centralized lease decisioning and digital servicing platforms to mitigate cost inflation. AAN announced the closure of one of its corporate office locations.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). In response to this, AAN has been leveraging its centralized lease decisioning and digital servicing platforms to mitigate cost inflation. AAN announced the closure of one of its corporate office locations.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). In response to this, AAN has been leveraging its centralized lease decisioning and digital servicing platforms to mitigate cost inflation. AAN announced the closure of one of its corporate office locations.
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A month has gone by since the last earnings report for Aaron's Company, Inc. (AAN). AAN expects a free cash flow of $50-$60 million as compared to earlier mentioned view of $45-$55 million for 2022. In response to this, AAN has been leveraging its centralized lease decisioning and digital servicing platforms to mitigate cost inflation.
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8885.0
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2022-08-18 00:00:00 UTC
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Do Options Traders Know Something About Aaron's (AAN) Stock We Don't?
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AAN
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https://www.nasdaq.com/articles/do-options-traders-know-something-about-aarons-aan-stock-we-dont
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nan
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nan
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. That is because the Aug 19, 2022 $22.50 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?
Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?
Clearly, options traders are pricing in a big move for Aaron's shares, but what is the fundamental picture for the company? Currently, Aaron's is a Zacks Rank #5 (Strong Sell) in the Consumer Services - Miscellaneous industry that ranks in the Top 34% of our Zacks Industry Rank. Over the last 30 days, no analysts have increased their earnings estimates for the current quarter, while four analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from 59 cents per share to 23 cents in that period.
Given the way analysts feel about Aaron's right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
Looking to Trade Options?
Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.
Click to see the trades now >>
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
|
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
|
Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
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Investors in The Aaron's Company, Inc. AAN need to pay close attention to the stock based on moves in the options market lately. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
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8886.0
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2022-08-07 00:00:00 UTC
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Investors in Aaron's Company (NYSE:AAN) have unfortunately lost 51% over the last year
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AAN
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https://www.nasdaq.com/articles/investors-in-aarons-company-nyse%3Aaan-have-unfortunately-lost-51-over-the-last-year
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nan
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nan
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Investing in stocks comes with the risk that the share price will fall. And unfortunately for The Aaron's Company, Inc. (NYSE:AAN) shareholders, the stock is a lot lower today than it was a year ago. To wit the share price is down 52% in that time. We wouldn't rush to judgement on Aaron's Company because we don't have a long term history to look at. Furthermore, it's down 34% in about a quarter. That's not much fun for holders. We note that the company has reported results fairly recently; and the market is hardly delighted. You can check out the latest numbers in our company report.
It's worthwhile assessing if the company's economics have been moving in lockstep with these underwhelming shareholder returns, or if there is some disparity between the two. So let's do just that.
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
Unfortunately Aaron's Company reported an EPS drop of 41% for the last year. This reduction in EPS is not as bad as the 52% share price fall. Unsurprisingly, given the lack of EPS growth, the market seems to be more cautious about the stock. The P/E ratio of 7.21 also points to the negative market sentiment.
You can see below how EPS has changed over time (discover the exact values by clicking on the image).
NYSE:AAN Earnings Per Share Growth August 7th 2022
We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. Dive deeper into the earnings by checking this interactive graph of Aaron's Company's earnings, revenue and cash flow.
A Different Perspective
We doubt Aaron's Company shareholders are happy with the loss of 51% over twelve months (even including dividends). That falls short of the market, which lost 12%. There's no doubt that's a disappointment, but the stock may well have fared better in a stronger market. The share price decline has continued throughout the most recent three months, down 34%, suggesting an absence of enthusiasm from investors. Basically, most investors should be wary of buying into a poor-performing stock, unless the business itself has clearly improved. While it is well worth considering the different impacts that market conditions can have on the share price, there are other factors that are even more important. Even so, be aware that Aaron's Company is showing 3 warning signs in our investment analysis , you should know about...
If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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And unfortunately for The Aaron's Company, Inc. (NYSE:AAN) shareholders, the stock is a lot lower today than it was a year ago. NYSE:AAN Earnings Per Share Growth August 7th 2022 We like that insiders have been buying shares in the last twelve months. A Different Perspective We doubt Aaron's Company shareholders are happy with the loss of 51% over twelve months (even including dividends).
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And unfortunately for The Aaron's Company, Inc. (NYSE:AAN) shareholders, the stock is a lot lower today than it was a year ago. NYSE:AAN Earnings Per Share Growth August 7th 2022 We like that insiders have been buying shares in the last twelve months. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.
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NYSE:AAN Earnings Per Share Growth August 7th 2022 We like that insiders have been buying shares in the last twelve months. And unfortunately for The Aaron's Company, Inc. (NYSE:AAN) shareholders, the stock is a lot lower today than it was a year ago. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
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NYSE:AAN Earnings Per Share Growth August 7th 2022 We like that insiders have been buying shares in the last twelve months. And unfortunately for The Aaron's Company, Inc. (NYSE:AAN) shareholders, the stock is a lot lower today than it was a year ago. This reduction in EPS is not as bad as the 52% share price fall.
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8887.0
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2022-07-27 00:00:00 UTC
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Validea Peter Lynch Strategy Daily Upgrade Report - 7/27/2022
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AAN
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https://www.nasdaq.com/articles/validea-peter-lynch-strategy-daily-upgrade-report-7-27-2022
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nan
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nan
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The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
CHEMUNG FINANCIAL CORP. (CHMG) is a small-cap value stock in the Regional Banks industry. The rating according to our strategy based on Peter Lynch changed from 74% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Chemung Financial Corporation is a financial services holding company. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc. (CFS), provides a range of financial services, including demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services. It manages its operations through two segments: core banking and Wealth Management Group (WMG). The core banking segment receives deposits from the general public and uses, such funds to originate consumer, commercial, commercial real estate and residential mortgage loans, mainly in its local markets and to invest in securities. The WMG services segment provides trust and investment advisory services to clients. The Bank operates approximately 31 branch offices located in 13 counties in New York and Bradford County in Pennsylvania.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: NEUTRAL
EQUITY/ASSETS RATIO: PASS
RETURN ON ASSETS: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of CHEMUNG FINANCIAL CORP.
Full Guru Analysis for CHMG
Full Factor Report for CHMG
AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. The rating according to our strategy based on Peter Lynch changed from 74% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: The Aaron's Company, Inc. is an omnichannel provider of lease-to-own (LTO) solutions. The Company through its Aarons.com electronic commerce platform provides direct-to-consumer sales and lease ownership of furniture, appliances, consumer electronics and accessories. The Company's operations also include Woodhaven Furniture Industries (Woodhaven), which manufactures and supplies the majority of the bedding and a portion of the upholstered furniture leased and sold in Company-operated and franchised stores. Its electronic commerce platform, Aarons.com, allows customers to browse for merchandise, qualify for a lease, and complete the lease transaction. The Company holds approximately 1,300 Company-operated and franchised stores in 47 states and Canada, which are owned and operated by independent franchisees on a licensed basis.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of AARON'S COMPANY INC
Full Guru Analysis for AAN
Full Factor Report for AAN
LVMH MOET HENNESSY LOUIS VUITTON SE(ADR) (LVMUY) is a large-cap growth stock in the Apparel/Accessories industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: LVMH Moet Hennessy Louis Vuitton SE is a France-based luxury group active in six sectors: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other Activities. Wines and Spirits owns brands, such as Moet & Chandon, Krug, Veuve Clicquot, Hennessy and Chteau d'Yquem, among others. Fashion and Leather Goods owns brands, such as Luis Vuitton, Christian Dior and Givenchy, among others. Perfumes and Cosmetics owns brands, such as Parfums Christian Dior, Parfums Givenchy Guerlain, Benefit Cosmetics, Fresh and Make Up For Ever, among others. Watches and Jewelry owns brands, including TAG Heuer, Hublo, Zenith, Bulgari, Chaumet and Fred, among others. Selective Retailing owns the brands DFS, Miami Cruiseline, Sephora and Le Bon Marche Rive Gauche, among others. Other Activities includes lifestyle, culture and the arts brands, such as Les Echos, Royal Van Lent, and Cheval Blanc. The Company is active worldwide.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of LVMH MOET HENNESSY LOUIS VUITTON SE(ADR)
Full Guru Analysis for LVMUY
Full Factor Report for LVMUY
More details on Validea's Peter Lynch strategy
Peter Lynch Stock Ideas
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of CHEMUNG FINANCIAL CORP. Full Guru Analysis for CHMG Full Factor Report for CHMG AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN LVMH MOET HENNESSY LOUIS VUITTON SE(ADR) (LVMUY) is a large-cap growth stock in the Apparel/Accessories industry. The Company holds approximately 1,300 Company-operated and franchised stores in 47 states and Canada, which are owned and operated by independent franchisees on a licensed basis.
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Detailed Analysis of CHEMUNG FINANCIAL CORP. Full Guru Analysis for CHMG Full Factor Report for CHMG AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN LVMH MOET HENNESSY LOUIS VUITTON SE(ADR) (LVMUY) is a large-cap growth stock in the Apparel/Accessories industry. Detailed Analysis of LVMH MOET HENNESSY LOUIS VUITTON SE(ADR) Full Guru Analysis for LVMUY Full Factor Report for LVMUY More details on Validea's Peter Lynch strategy Peter Lynch Stock Ideas About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time.
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Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN LVMH MOET HENNESSY LOUIS VUITTON SE(ADR) (LVMUY) is a large-cap growth stock in the Apparel/Accessories industry. Detailed Analysis of CHEMUNG FINANCIAL CORP. Full Guru Analysis for CHMG Full Factor Report for CHMG AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. The Company, through its subsidiaries, Chemung Canal Trust Company (the Bank) and CFS Group, Inc. (CFS), provides a range of financial services, including demand, savings and time deposits, commercial, residential and consumer loans, interest rate swaps, letters of credit, wealth management services, employee benefit plans, insurance products, mutual funds and brokerage services.
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Detailed Analysis of CHEMUNG FINANCIAL CORP. Full Guru Analysis for CHMG Full Factor Report for CHMG AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN LVMH MOET HENNESSY LOUIS VUITTON SE(ADR) (LVMUY) is a large-cap growth stock in the Apparel/Accessories industry. The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch.
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8888.0
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2022-07-26 00:00:00 UTC
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Consumer Sector Update for 07/26/2022: BABA,SHOP,SHOP.TO,AAN,WMT
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https://www.nasdaq.com/articles/consumer-sector-update-for-07-26-2022%3A-babashopshop.toaanwmt
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Consumer stocks were ending broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping just 0.2% while the SPDR Consumer Discretionary Select Sector ETF (XLY) was retreating 3.2%.
Consumer confidence, as measured by the Conference Board, fell to a 95.7 index reading during July from a revised 98.4 June score and missing market forecasts looking for a 97 reading this month.
In company news, Alibaba (BABA) was hanging on for a 0.3% advance after the online retailer said it will pursue a dual primary listing in Hong Kong, signaling Chinese regulators may be easing their recent crackdown on technology company's and also opening up a more direct path for mainland investors to own its stock.
Among decliners, Walmart (WMT) dropped 7.5% after the retailer late Monday lowered its Q2 and FY23 profit forecasts, blaming inflationary pressure and its impact on consumer spending habits. Excluding one-time items, Q2 net income is now expected to fall 8% to 9% from year-ago levels compared with its prior outlook expecting Q2 earnings to be flat to slightly higher while sales during the current quarter ending July 31 likely will face a $1 billion currency impact, it said.
Shopify (SHOP) slumped over 14%, after The Wall Street Journal, citing a memo to employees from CEO Tobi Lutke, said the ecommerce company plans to cut its workforce by roughly 10%.
The Aaron's Company (AAN) declined more than 15% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. The Street is at $2.65 per share and $2.3 billion, respectively, according to a Capital IQ analyst poll.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company (AAN) declined more than 15% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. In company news, Alibaba (BABA) was hanging on for a 0.3% advance after the online retailer said it will pursue a dual primary listing in Hong Kong, signaling Chinese regulators may be easing their recent crackdown on technology company's and also opening up a more direct path for mainland investors to own its stock. Among decliners, Walmart (WMT) dropped 7.5% after the retailer late Monday lowered its Q2 and FY23 profit forecasts, blaming inflationary pressure and its impact on consumer spending habits.
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The Aaron's Company (AAN) declined more than 15% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. Consumer stocks were ending broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping just 0.2% while the SPDR Consumer Discretionary Select Sector ETF (XLY) was retreating 3.2%. Among decliners, Walmart (WMT) dropped 7.5% after the retailer late Monday lowered its Q2 and FY23 profit forecasts, blaming inflationary pressure and its impact on consumer spending habits.
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The Aaron's Company (AAN) declined more than 15% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. Consumer stocks were ending broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping just 0.2% while the SPDR Consumer Discretionary Select Sector ETF (XLY) was retreating 3.2%. Excluding one-time items, Q2 net income is now expected to fall 8% to 9% from year-ago levels compared with its prior outlook expecting Q2 earnings to be flat to slightly higher while sales during the current quarter ending July 31 likely will face a $1 billion currency impact, it said.
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The Aaron's Company (AAN) declined more than 15% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. Consumer stocks were ending broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping just 0.2% while the SPDR Consumer Discretionary Select Sector ETF (XLY) was retreating 3.2%. Consumer confidence, as measured by the Conference Board, fell to a 95.7 index reading during July from a revised 98.4 June score and missing market forecasts looking for a 97 reading this month.
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8889.0
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2022-07-26 00:00:00 UTC
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Consumer Sector Update for 07/26/2022: SHOP, SHOP.TO, AAN, WMT
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AAN
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https://www.nasdaq.com/articles/consumer-sector-update-for-07-26-2022%3A-shop-shop.to-aan-wmt
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nan
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Consumer stocks were broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 0.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) retreating 3.0%.
Consumer confidence, as measured by the Conference Board, fell to a 95.7 index reading during July from a revised 98.4 for June and missing market forecasts looking for a 97 reading this month.
In company news, Shopify (SHOP) slumped 15% after the company said it will be reducing its workforce by about 10%.
The Aaron's Company (AAN) declined nearly 13% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. The Street is at $2.65 per share and $2.3 billion, respectively, according to a Capital IQ analyst poll.
Walmart (WMT) dropped 7.5% after the retailer late Monday lowered its Q2 and FY23 profit forecasts, with adjusted net income for the quarter now seen falling 8% to 9% from year-ago levels compared with its prior outlook expecting Q2 earnings to be flat to slightly higher. Q2 sales likely will face a $1 billion currency impact, the company said, adding it expects $1.8 billion of currency headwinds during the second half of the year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company (AAN) declined nearly 13% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. Consumer confidence, as measured by the Conference Board, fell to a 95.7 index reading during July from a revised 98.4 for June and missing market forecasts looking for a 97 reading this month. The Street is at $2.65 per share and $2.3 billion, respectively, according to a Capital IQ analyst poll.
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The Aaron's Company (AAN) declined nearly 13% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. Consumer stocks were broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 0.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) retreating 3.0%. Q2 sales likely will face a $1 billion currency impact, the company said, adding it expects $1.8 billion of currency headwinds during the second half of the year.
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The Aaron's Company (AAN) declined nearly 13% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. Consumer stocks were broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 0.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) retreating 3.0%. Q2 sales likely will face a $1 billion currency impact, the company said, adding it expects $1.8 billion of currency headwinds during the second half of the year.
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The Aaron's Company (AAN) declined nearly 13% after the rent-to-own retailer cut its FY22 guidance, now projecting adjusted earnings for the 12 months ending Dec. 31 in a range of $1.75 to $2.15 per share on $2.19 billion to $2.27 billion in sales compared with its previous forecast expecting a $2.65 to $2.90 per share profit on $2.32 billion to $2.39 billion in sales. Consumer stocks were broadly lower in Tuesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) dropping 0.3% and the SPDR Consumer Discretionary Select Sector ETF (XLY) retreating 3.0%. Consumer confidence, as measured by the Conference Board, fell to a 95.7 index reading during July from a revised 98.4 for June and missing market forecasts looking for a 97 reading this month.
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8890.0
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2022-07-25 00:00:00 UTC
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Aaron's Company, Inc. (AAN) Q2 Earnings Top Estimates
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https://www.nasdaq.com/articles/aarons-company-inc.-aan-q2-earnings-top-estimates
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $1.05 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 19.70%. A quarter ago, it was expected that this specialty retail would post earnings of $0.68 per share when it actually produced earnings of $0.87, delivering a surprise of 27.94%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $610.38 million for the quarter ended June 2022, missing the Zacks Consensus Estimate by 0.72%. This compares to year-ago revenues of $467.5 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Aaron's shares have lost about 35.1% since the beginning of the year versus the S&P 500's decline of -16.9%.
What's Next for Aaron's?
While Aaron's has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Aaron's: unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.59 on $614.17 million in revenues for the coming quarter and $2.67 on $2.34 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Consumer Services - Miscellaneous is currently in the bottom 45% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
BrightView Holdings (BV), another stock in the same industry, has yet to report results for the quarter ended June 2022. The results are expected to be released on August 4.
This investment company is expected to post quarterly earnings of $0.49 per share in its upcoming report, which represents a year-over-year change of +11.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
BrightView Holdings' revenues are expected to be $727.92 million, up 8.1% from the year-ago quarter.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
BrightView Holdings, Inc. (BV): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.66 per share. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.66 per share. Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $610.38 million for the quarter ended June 2022, missing the Zacks Consensus Estimate by 0.72%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.66 per share. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Aaron's, which belongs to the Zacks Consumer Services - Miscellaneous industry, posted revenues of $610.38 million for the quarter ended June 2022, missing the Zacks Consensus Estimate by 0.72%.
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Aaron's Company, Inc. (AAN) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.66 per share. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
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8891.0
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2022-07-22 00:00:00 UTC
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Here's How Aaron's (AAN) Looks Just Ahead of Q2 Earnings
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https://www.nasdaq.com/articles/heres-how-aarons-aan-looks-just-ahead-of-q2-earnings
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The Aaron's Company, Inc. AAN is scheduled to report second-quarter 2022 results on Jul 26.
The Zacks Consensus Estimate for second-quarter earnings is pegged at 66 cents per share, which indicates a decline of 37.1% from the year-ago quarter’s reported figure. However, the consensus mark has moved up by a penny in the past seven days. The consensus mark for revenues is pegged at $614.8 million, indicating growth of 31.5% from the figure reported in the year-ago quarter.
In the last reported quarter, the company delivered an earnings surprise of 27.9%. It delivered an earnings surprise of 52.7%, on average, in the trailing four quarters.
Factors to Note
Aaron’s has been reeling under ongoing inflationary pressures, uncertainty related to geopolitical conflict and supply-chain challenges. Expected normalization in the lease renewal rate and a decline in early purchase options are likely to have been concerning.
However, the company has been witnessing strength in its e-commerce platform, driven by increased investments in digital marketing, improved shopping experience, same-day and next-day delivery services, the personalization of products, and a broader assortment, including the latest product categories. Its express delivery program also bodes well.
The sturdy performance in GenNext stores remains a key growth driver. Aaron’s newly acquired appliance and electronics retailer, BrandsMart, is also likely to have strengthened its market position and expanded the customer base. The deal is also expected to have aided Aaron’s top line in the second quarter.
The Aaron's Company, Inc. Price and EPS Surprise
The Aaron's Company, Inc. price-eps-surprise | The Aaron's Company, Inc. Quote
Zacks Model
Our proven model doesn’t conclusively predict an earnings beat for Aaron's this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Aaron's has a Zacks Rank #4 (Sell) and an Earnings ESP of -3.82%.
Stocks With Favorable Combination
Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season:
MGM Resorts International MGM has an Earnings ESP of +60.20% and it sports a Zacks Rank of 1 at present. The company is likely to register an increase in the bottom line when it reports second-quarter 2022 results. The Zacks Consensus Estimate for quarterly earnings moved 21% north to 29 cents per share, suggesting a surge of 323.1% from the year-ago quarter’s reported number. You can see the complete list of today’s Zacks #1 Rank stocks here.
MGM Resorts International’s top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.05 billion, suggesting a rise of 34.3% from the figure reported in the prior-year quarter. MGM has delivered an earnings beat of 212.5%, on average, in the trailing four quarters.
Wyndham Hotels & Resorts WH currently has an Earnings ESP of +1.55% and a Zacks Rank of 3. The company is likely to register an increase in the bottom line when it reports second-quarter 2022 results. The Zacks Consensus Estimate for quarterly earnings is pegged at 97 cents, which indicates a year-over-year improvement of 2.1%. The consensus mark has been increased by a penny in the past 30 days.
The Zacks Consensus Estimate for Wyndham Hotels & Resorts’ quarterly revenues is pegged at $359.2 million, suggesting a decline of 11.5% from the year-ago quarter’s reported number. WH delivered an earnings beat of 36.1%, on average, in the trailing four quarters.
BJ’s Wholesale BJ currently has an Earnings ESP of +3.61% and a Zacks Rank of 3. The company is likely to register a decrease in the bottom line when it reports second-quarter fiscal 2022 results. The Zacks Consensus Estimate for quarterly earnings has been unchanged at 80 cents per share in the past 30 days, indicating a decline of 2.4% from 82 cents a share registered in the year-ago quarter.
However, BJ’s Wholesale’s top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $4.7 billion, which suggests growth of 12% from the figure reported in the prior-year quarter. BJ has delivered an earnings beat of 16.1% in the trailing four quarters, on average.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
MGM Resorts International (MGM): Free Stock Analysis Report
BJ's Wholesale Club Holdings, Inc. (BJ): Free Stock Analysis Report
Wyndham Hotels & Resorts (WH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN is scheduled to report second-quarter 2022 results on Jul 26. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Zacks Consensus Estimate for second-quarter earnings is pegged at 66 cents per share, which indicates a decline of 37.1% from the year-ago quarter’s reported figure.
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The Aaron's Company, Inc. AAN is scheduled to report second-quarter 2022 results on Jul 26. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Zacks Consensus Estimate for second-quarter earnings is pegged at 66 cents per share, which indicates a decline of 37.1% from the year-ago quarter’s reported figure.
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The Aaron's Company, Inc. AAN is scheduled to report second-quarter 2022 results on Jul 26. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Aaron's Company, Inc. Price and EPS Surprise The Aaron's Company, Inc. price-eps-surprise | The Aaron's Company, Inc. Quote Zacks Model Our proven model doesn’t conclusively predict an earnings beat for Aaron's this season.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Aaron's Company, Inc. AAN is scheduled to report second-quarter 2022 results on Jul 26. In the last reported quarter, the company delivered an earnings surprise of 27.9%.
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8892.0
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2022-07-19 00:00:00 UTC
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Earnings Preview: Aaron's Company, Inc. (AAN) Q2 Earnings Expected to Decline
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https://www.nasdaq.com/articles/earnings-preview%3A-aarons-company-inc.-aan-q2-earnings-expected-to-decline
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Aaron's Company, Inc. (AAN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2022. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
The earnings report, which is expected to be released on July 26, 2022, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on theearnings callwill mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus Estimate
This specialty retail is expected to post quarterly earnings of $0.65 per share in its upcoming report, which represents a year-over-year change of -38.1%.
Revenues are expected to be $613.98 million, up 31.3% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 4.44% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Earnings Whisper
Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Aaron's?
For Aaron's, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -12.04%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Aaron's will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?
While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Aaron's would post earnings of $0.68 per share when it actually produced earnings of $0.87, delivering a surprise of +27.94%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom Line
An earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Aaron's doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Aaron's Company, Inc. (AAN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
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Aaron's Company, Inc. (AAN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
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Aaron's Company, Inc. (AAN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate.
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Aaron's Company, Inc. (AAN) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2022. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The earnings report, which is expected to be released on July 26, 2022, might help the stock move higher if these key numbers are better than expectations.
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8893.0
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2022-07-13 00:00:00 UTC
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Validea Peter Lynch Strategy Daily Upgrade Report - 7/13/2022
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AAN
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https://www.nasdaq.com/articles/validea-peter-lynch-strategy-daily-upgrade-report-7-13-2022
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The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. The rating according to our strategy based on Peter Lynch changed from 74% to 93% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: The Aaron's Company, Inc. is an omnichannel provider of lease-to-own (LTO) solutions. The Company through its Aarons.com electronic commerce platform provides direct-to-consumer sales and lease ownership of furniture, appliances, consumer electronics and accessories. The Company's operations also include Woodhaven Furniture Industries (Woodhaven), which manufactures and supplies the majority of the bedding and a portion of the upholstered furniture leased and sold in Company-operated and franchised stores. Its electronic commerce platform, Aarons.com, allows customers to browse for merchandise, qualify for a lease, and complete the lease transaction. The Company holds approximately 1,300 Company-operated and franchised stores in 47 states and Canada, which are owned and operated by independent franchisees on a licensed basis.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of AARON'S COMPANY INC
Full Guru Analysis for AAN
Full Factor Report for AAN
HF SINCLAIR CORP (DINO) is a large-cap value stock in the Oil & Gas Operations industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: HF Sinclair Corporation (HF Sinclair) is an independent petroleum refiner. HF Sinclair produces and markets high value light products such as gasoline, diesel fuel, jet fuel, renewable diesel, and other specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah and markets its refined products principally in the Southwest United States, the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. HF Sinclair produces and markets base oils and other specialized lubricants in the United States, Canada and the Netherlands, and export products to more than 80 countries. The Company, through its subsidiary, HollyFrontier Corporation produces renewable diesel at two of its facilities in Wyoming. The Company supplies fuels to more than 1,300 Sinclair branded stations and licenses the use of the Sinclair brand at more than 300 additional locations throughout the country.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
INVENTORY TO SALES: PASS
YIELD COMPARED TO THE S&P 500: PASS
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of HF SINCLAIR CORP
Full Guru Analysis for DINO
Full Factor Report for DINO
FIRST SOLAR, INC. (FSLR) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: First Solar, Inc. is a solar technology company and global provider of photovoltaic cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicone PV solar modules. The Company operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of modules business segment include developers and operators of PV solar power systems. Its Other segment is engaged in residual business operations, which includes project development activities, and operations and maintenance (O&M) services. Its residual business is primarily concentrated in Japan, as well as the results of operations from PV solar power systems it owns and operates in certain international regions.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of FIRST SOLAR, INC.
Full Guru Analysis for FSLR
Full Factor Report for FSLR
More details on Validea's Peter Lynch strategy
Peter Lynch Stock Ideas
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN HF SINCLAIR CORP (DINO) is a large-cap value stock in the Oil & Gas Operations industry. The Company holds approximately 1,300 Company-operated and franchised stores in 47 states and Canada, which are owned and operated by independent franchisees on a licensed basis.
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Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN HF SINCLAIR CORP (DINO) is a large-cap value stock in the Oil & Gas Operations industry. AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of HF SINCLAIR CORP Full Guru Analysis for DINO Full Factor Report for DINO FIRST SOLAR, INC. (FSLR) is a mid-cap growth stock in the Semiconductors industry.
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Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN HF SINCLAIR CORP (DINO) is a large-cap value stock in the Oil & Gas Operations industry. AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of HF SINCLAIR CORP Full Guru Analysis for DINO Full Factor Report for DINO FIRST SOLAR, INC. (FSLR) is a mid-cap growth stock in the Semiconductors industry.
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AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN HF SINCLAIR CORP (DINO) is a large-cap value stock in the Oil & Gas Operations industry. The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch.
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8894.0
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2022-07-04 00:00:00 UTC
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Can Aaron's (AAN) Get Back on Track Via Solid Growth Efforts?
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AAN
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https://www.nasdaq.com/articles/can-aarons-aan-get-back-on-track-via-solid-growth-efforts
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The Aaron's Company, Inc. AAN is currently reeling under ongoing inflationary pressures, uncertainty related to geopolitical conflict and supply-chain challenges. This dented the year-over-year comparison in first-quarter 2022.
Notably, consolidated revenues fell 5.2% to $456.1 million due to reduced lease revenues stemming from the expected normalization in the lease renewal rate and a decline in early purchase options. Same-store revenues fell 4.3% year over year in the first quarter due to the same factors. Also, adjusted earnings of 87 cents per share declined 29.8% year over year. On a GAAP basis, the company recorded earnings of 68 cents per share, indicating a decrease from the $1.04 reported in the year-ago quarter.
As a result, shares of AAN have plunged 28.8% in the past three months compared with the industry’s decline of 6.6%.
Image Source: Zacks Investment Research
However, management is looking into every nook and cranny for growth prospects. In this regard, Aaron’s has been witnessing a sturdy performance in the GenNext stores. The company opened 19 GenNext locations in first-quarter 2022. This, along with the 116 existing stores at the beginning of the quarter, accounted for 13.2% of lease and retail revenues in the first quarter. As part of its GenNext strategy, AAN expects to open more than 80 GenNext stores in 2022.
The company’s latest acquisition of appliance and electronics retailer, BrandsMart, bodes well. With the buyout, Aaron’s will be able to offer high-quality furniture, appliances, electronics, and other home goods on affordable lease and retail purchase options to its customers. The move is expected to strengthen AAN’s market position and help expand the customer base.
The deal is expected to generate significant cost synergies and aid Aaron’s top line in the near term. Management anticipates more than $3 billion in total annual revenues and above $300 million in adjusted EBITDA from this transaction by 2026.
The company has been witnessing strength in its e-commerce platform, even after stores reopened. In first-quarter 2022, e-commerce lease revenues were up 3.9%, accounting for 15.4% of the total revenues.
The uptick can be attributable to increased investments in digital marketing, improved shopping experience, same-day and next-day delivery facilities, the personalization of products, and a broader assortment, including the latest product categories. AAN’s express delivery program also acts as a key growth driver.
Driven by the above-mentioned factors, management raised its 2022 view. The company expects revenues of $2.32-$2.39 billion, up from the earlier mentioned $1.775-$1.825 billion. Adjusted EBITDA is likely to be $200-$215 million, comparing favorably with the prior stated $180-$190 million. It also issued the bottom-line view, wherein adjusted earnings are envisioned to be $2.65-$2.90.
Conclusion
We believe that a solid online show, the BrandsMart buyout and continued strength in GenNext strategy will aid this Zacks Rank #3 (Hold) company, and help offset inflationary pressures and supply-chain challenges. Also, a VGM Score of A raises optimism in the stock.
Stocks to Consider
Some better-ranked stocks from the same industry are Delta Apparel DLA, Oxford Industries OXM and GIII Apparel Group GIII.
Oxford Industries is an apparel company that designs, sources, markets and distributes products bearing the trademarks of its owned and licensed brands. It currently flaunts a Zacks Rank #1 (Strong Buy). OXM has a trailing four-quarter earnings surprise of 99.7%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Oxford Industries’ current financial year’s sales and earnings suggests growth of 10.9% and 7.1%, respectively, from the year-ago period's reported numbers.
Delta Apparel, a manufacturer of knitwear products, currently sports a Zacks Rank #1. DLA has a trailing four-quarter earnings surprise of 95.5%, on average.
The Zacks Consensus Estimate for Delta Apparel's current financial year’s sales and earnings per share suggests growth of 11.9% and 10.1%, respectively, from the year-ago period's reported numbers.
GIII Apparel, a manufacturer, designer and distributor of apparel and accessories, presently has a Zacks Rank #2 (Buy). GII has a trailing four-quarter earnings surprise of 160.6%, on average.
The Zacks Consensus Estimate for GIII Apparel’s current financial-year sales and earnings suggests growth of 8.7% and 5.2% from the year-ago period’s reported numbers, respectively.
Zacks Names "Single Best Pick to Double"
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
GIII Apparel Group, LTD. (GIII): Free Stock Analysis Report
Oxford Industries, Inc. (OXM): Free Stock Analysis Report
Delta Apparel, Inc. (DLA): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company, Inc. AAN is currently reeling under ongoing inflationary pressures, uncertainty related to geopolitical conflict and supply-chain challenges. As a result, shares of AAN have plunged 28.8% in the past three months compared with the industry’s decline of 6.6%. As part of its GenNext strategy, AAN expects to open more than 80 GenNext stores in 2022.
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The Aaron's Company, Inc. AAN is currently reeling under ongoing inflationary pressures, uncertainty related to geopolitical conflict and supply-chain challenges. As a result, shares of AAN have plunged 28.8% in the past three months compared with the industry’s decline of 6.6%. As part of its GenNext strategy, AAN expects to open more than 80 GenNext stores in 2022.
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The Aaron's Company, Inc. AAN is currently reeling under ongoing inflationary pressures, uncertainty related to geopolitical conflict and supply-chain challenges. As a result, shares of AAN have plunged 28.8% in the past three months compared with the industry’s decline of 6.6%. As part of its GenNext strategy, AAN expects to open more than 80 GenNext stores in 2022.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The Aaron's Company, Inc. AAN is currently reeling under ongoing inflationary pressures, uncertainty related to geopolitical conflict and supply-chain challenges. As a result, shares of AAN have plunged 28.8% in the past three months compared with the industry’s decline of 6.6%.
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8895.0
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2022-06-27 00:00:00 UTC
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Strength Seen in Rent-A-Center (RCII): Can Its 7.9% Jump Turn into More Strength?
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AAN
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https://www.nasdaq.com/articles/strength-seen-in-rent-a-center-rcii%3A-can-its-7.9-jump-turn-into-more-strength
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nan
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Rent-A-Center RCII shares rallied 7.9% in the last trading session to close at $22.99. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 23.1% loss over the past four weeks.
Virtual lease-to-own space offers incredible growth opportunities, and Rent-A-Center remains well positioned to tap the same. Growth potential at Acima coupled with strength in Rent-A-Center Business segment, support the company’s ability to attain 2022 target. Management estimates consolidated revenues in the bracket of $4.450-$4.600 billion for the current fiscal year.
This company that leases furniture and appliances with an option to buy is expected to post quarterly earnings of $1.02 per share in its upcoming report, which represents a year-over-year change of -37.4%. Revenues are expected to be $1.06 billion, down 10.9% from the year-ago quarter.
Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.
For Rent-A-Center, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on RCII going forward to see if this recent jump can turn into more strength down the road.
The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Rent-A-Center belongs to the Zacks Consumer Services - Miscellaneous industry. Another stock from the same industry, Aaron's Company, Inc. AAN, closed the last trading session 2.7% higher at $16.18. Over the past month, AAN has returned -15.5%.
For Aaron's, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0.64. This represents a change of -39.1% from what the company reported a year ago. Aaron's currently has a Zacks Rank of #2 (Buy).
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RentACenter, Inc. (RCII): Free Stock Analysis Report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Another stock from the same industry, Aaron's Company, Inc. AAN, closed the last trading session 2.7% higher at $16.18. Over the past month, AAN has returned -15.5%. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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Another stock from the same industry, Aaron's Company, Inc. AAN, closed the last trading session 2.7% higher at $16.18. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Over the past month, AAN has returned -15.5%.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Another stock from the same industry, Aaron's Company, Inc. AAN, closed the last trading session 2.7% higher at $16.18. Over the past month, AAN has returned -15.5%.
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Another stock from the same industry, Aaron's Company, Inc. AAN, closed the last trading session 2.7% higher at $16.18. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Over the past month, AAN has returned -15.5%.
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8896.0
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2022-06-22 00:00:00 UTC
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5 Low Price-to-Sales Stocks to Scoop for Brimming Returns
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https://www.nasdaq.com/articles/5-low-price-to-sales-stocks-to-scoop-for-brimming-returns
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nan
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Investment in stocks made after an analysis of valuation metrics is usually considered one of the best practices. When considering valuation metrics, the price-to-earnings ratio has always been the obvious choice. This is because calculations based on earnings are easy and come in handy. However, price-to-sales has emerged as a convenient tool to determine the value of stocks incurring losses or are in an early cycle of development, generating meager or no profits.
What’s Price-to-Sales Ratio?
While a loss-making company with a negative price-to-earnings ratio falls out of investor favor, its price-to-sales could indicate the hidden strength of the business. This underrated ratio is also used to identify a recovery situation or ensure that a company's growth is not overvalued.
A stock’s price-to-sales ratio reflects how much investors pay for each dollar of revenue generated by a company.
If the price-to-sales ratio is 1, investors are paying $1 for every $1 of revenues generated by the company. So, a stock with a price-to-sales below 1 is a good bargain as investors need to pay less than a dollar for a dollar’s worth.
Thus, a stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.
The price-to-sales ratio is often preferred over price-to-earnings as companies can manipulate their earnings using various accounting measures. However, sales are harder to manipulate and are relatively reliable.
However, one should keep in mind that a company with high debt and a low price-to-sales ratio is not an ideal choice. The high debt level will have to be paid off at some point, leading to further share issuance, a rise in market cap, and ultimately a higher price-to-sales ratio.
In any case, the price-to-sales ratio used in isolation cannot do the trick. One should also analyze other ratios like Price/Earnings, Price/Book, and Debt/Equity before arriving at any investment decision.
The Aaron's Company Inc. AAN, Signet Jewelers SIG, Avnet AVT, Vishay Intertechnology VSH and TravelCenters of America Inc. TA are some stocks that have a low price-to-sales ratio and the potential to offer higher returns.
Screening Parameters
Price to Sales less than Median Price to Sales for its Industry: The lower the price-to-sales ratio, the better.
Price to Earnings using F(1) estimate less than Median Price to Earnings for its Industry: The lower, the better.
Price to Book (common Equity) less than Median Price to Book for its Industry: This is another parameter to ensure the value feature of a stock.
Debt to Equity (Most Recent) less than Median Debt to Equity for its Industry: A company with less debt should have a stable price-to-sales ratio.
Current Price greater than or equal to $5: The stocks must be trading at a minimum of $5 or higher.
Zacks Rank less than or equal to #2: Zacks Rank #1 (Strong Buy) or 2 (Buy) stocks are known to outperform irrespective of the market environment.
Value Score less than or equal to B: Our research shows that stocks with a Value Score of A or B, when combined with a Zacks Rank #1 or 2, offer the best opportunities in the value investing space.
Here are five of the 37 stocks that qualified the screening:
Aaron's is a major omnichannel provider of lease-to-own (“LTO”) and purchase solutions mainly to underserved and credit-challenged customers. Through its various business segments, the company primarily deals in sales and lease ownership, apart from specialty retailing of furniture, home appliances, electronics, computers, and various other products and accessories.
The Atlanta, GA-based company’s business also includes Woodhaven Furniture Industries. Woodhaven is the manufacturer and supplier of most bedding and a large portion of the upholstered furniture leased and sold at Aaron's company-operated and franchised stores. The stock currently has a Value Score of A and sports a Zacks Rank #1.
Signet Jewelers is a retailer of diamond jewelry, watches and other products. The company operates in the United States, Canada, the U.K., the Republic of Ireland, and the Channel Islands. Signet is often considered the leading retailer of diamond jewelry.
Signet’s Inspiring Brilliance strategy focuses on expanding big banners, boosting service revenues, broadening the Accessible Luxury and Value segments, and accelerating digital commerce. SIG currently has a Value Score of A and it sports a Zacks Rank #1. It has a long-term earnings growth rate of 8%.
Phoenix, AZ-based Avnet is one of the world’s largest distributors of electronic components and computer products. The company’s customer base includes original equipment manufacturers, electronic manufacturing services providers, original design manufacturers and value-added resellers.
Avnet maintains an extensive inventory, including electronic products from more than 300 component and system manufacturers, which it distributes to customers worldwide. It distributes products for companies like International Business Machines Corp. and Hewlett-Packard Co. AVT currently has a Value Score of B and sports a Zacks Rank #1. It has a long-term earnings growth rate of 37.2%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Vishay is a global manufacturer and supplier of semiconductors and passive components. Its semiconductor products include metal oxide semiconductor field-effect transistors, Diodes and Optoelectronic Components. These are typically used to perform functions such as switching, amplifying, rectifying, routing or transmitting electrical signals, power conversion, and power management.
Vishay is benefiting from strong automotive and industrial end-market demand. Automotive continues to remain the key driver, owing to the growing proliferation of electronic content in vehicles and the rising adoption of driver-assistance systems across the world. Further, solid demand for IoT censoring, infrastructure programs and alternative energy is driving VSH’s performance in the industrial market. The stock currently has a Value Score of A and a Zacks Rank #2. It has a long-term earnings growth rate of 22.7%.
TravelCenters of America operates travel centers and stand-alone restaurants in the United States and Canada. Its travel centers offer a range of products and services, including diesel fuel and gasoline, diesel exhaust fluid, truck repair and maintenance, and roadside services.
TravelCenters of America also operates full-service and quick-service restaurants, and various customer amenities. It operates restaurants under the franchise agreement. TA currently has a Value Score of A and sports a Zacks Rank #1.
You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your trial to the Research Wizard today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Click here to sign up for a free trial to the Research Wizard today.
Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
Today, See These 5 Potential Home Runs >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Avnet, Inc. (AVT): Free Stock Analysis Report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
Signet Jewelers Limited (SIG): Free Stock Analysis Report
TravelCenters of America LLC (TA): Free Stock Analysis Report
Vishay Intertechnology, Inc. (VSH): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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The Aaron's Company Inc. AAN, Signet Jewelers SIG, Avnet AVT, Vishay Intertechnology VSH and TravelCenters of America Inc. TA are some stocks that have a low price-to-sales ratio and the potential to offer higher returns. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Through its various business segments, the company primarily deals in sales and lease ownership, apart from specialty retailing of furniture, home appliances, electronics, computers, and various other products and accessories.
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The Aaron's Company Inc. AAN, Signet Jewelers SIG, Avnet AVT, Vishay Intertechnology VSH and TravelCenters of America Inc. TA are some stocks that have a low price-to-sales ratio and the potential to offer higher returns. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report The company’s customer base includes original equipment manufacturers, electronic manufacturing services providers, original design manufacturers and value-added resellers.
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The Aaron's Company Inc. AAN, Signet Jewelers SIG, Avnet AVT, Vishay Intertechnology VSH and TravelCenters of America Inc. TA are some stocks that have a low price-to-sales ratio and the potential to offer higher returns. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report Thus, a stock with a lower price-to-sales ratio is a more suitable investment than a stock with a high price-to-sales ratio.
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The Aaron's Company Inc. AAN, Signet Jewelers SIG, Avnet AVT, Vishay Intertechnology VSH and TravelCenters of America Inc. TA are some stocks that have a low price-to-sales ratio and the potential to offer higher returns. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report What’s Price-to-Sales Ratio?
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8897.0
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2022-06-15 00:00:00 UTC
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Validea Peter Lynch Strategy Daily Upgrade Report - 6/15/2022
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AAN
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https://www.nasdaq.com/articles/validea-peter-lynch-strategy-daily-upgrade-report-6-15-2022
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nan
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nan
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The following are today's upgrades for Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to earnings growth that also possess strong balance sheets.
KINDER MORGAN INC (KMI) is a large-cap growth stock in the Natural Gas Utilities industry. The rating according to our strategy based on Peter Lynch changed from 56% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Kinder Morgan, Inc. is an energy infrastructure company. The Company operates through four segments, such as Natural Gas Pipelines, Natural Gas Pipelines, Terminals and CO2 segment. The Natural Gas Pipelines business segment consist of natural gas transportation, storage, sales, gathering, processing and treating, and various liquefied natural gas (LNG) services. The Products Pipelines business segment consists of its refined petroleum products, crude oil and condensate pipelines, and associated terminals. The Terminals business segment includes the operations of refined petroleum product, chemical, renewable fuel and other liquid terminal facilities (other than those included in the Products Pipelines business segment) and all of its petroleum coke, metal and ores facilities. CO2 business segment produces, transports and markets carbon dioxide (CO2) for use in enhanced oil recovery projects as a flooding medium for recovering crude oil from mature oil fields.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: FAIL
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of KINDER MORGAN INC
Full Guru Analysis for KMI
Full Factor Report for KMI
INTEGER HOLDINGS CORP (ITGR) is a mid-cap growth stock in the Medical Equipment & Supplies industry. The rating according to our strategy based on Peter Lynch changed from 87% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Integer Holdings Corporation is a medical device outsource (MDO) manufacturer, which serves the cardiac, neuromodulation, vascular, orthopedics, advanced surgical and portable medical markets. The Company's segments include Medical and Non-Medical. The Medical segment includes the Cardio and Vascular, Cardiac and Neuromodulation and Advanced Surgical, Orthopedics and Portable Medical product lines. The Non-Medical segment comprises the Electrochem product line. The Company provides medical technologies and develops batteries for various applications in the non-medical energy, military, and environmental markets. Its brands include Greatbatch Medical, Lake Region Medical and Electrochem. Its primary customers include large, multi-national original equipment manufacturers and their affiliated subsidiaries. It operates approximately 18 facilities in the United States, five in Europe, three in Mexico, two in Asia, one in the Dominican Republic, one in South America, and one in Israel.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of INTEGER HOLDINGS CORP
Full Guru Analysis for ITGR
Full Factor Report for ITGR
FIRST SOLAR, INC. (FSLR) is a mid-cap growth stock in the Semiconductors industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: First Solar, Inc. is a solar technology company and global provider of photovoltaic cells (PV) solar energy solutions. The Company manufactures and sells PV solar modules with a semiconductor technology, which provides an alternative to conventional crystalline silicone PV solar modules. The Company operates through two segments: Modules Business and Other. Its Modules Business segment is involved in the designing, manufacturing, and selling of CdTe solar modules, which convert sunlight into electricity. Third-party customers of modules business segment include developers and operators of PV solar power systems. Its Other segment is engaged in residual business operations, which includes project development activities, and operations and maintenance (O&M) services. Its residual business is primarily concentrated in Japan, as well as the results of operations from PV solar power systems it owns and operates in certain international regions.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: PASS
INVENTORY TO SALES: PASS
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of FIRST SOLAR, INC.
Full Guru Analysis for FSLR
Full Factor Report for FSLR
CGI INC (GIB) is a large-cap growth stock in the Computer Services industry. The rating according to our strategy based on Peter Lynch changed from 0% to 91% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: CGI Inc. is a Canada-based information technology (IT) and business consulting services company. The Company's segments include Western and Southern Europe (primarily France and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; United Kingdom (U.K.) and Australia; Central and Eastern Europe (primarily Germany and the Netherlands); Scandinavia; Finland, Poland and Baltics; and Asia Pacific Global Delivery Centers of Excellence (India and Philippines). The Company delivers a range of services, including business consulting, strategic IT and systems integration, managed IT and business process services, and intellectual property. It delivers end-to-end services that covers the full spectrum of technology delivery, from digital strategy and architecture to solution design, development, integration, implementation, and operations. The Company's subsidiaries include CGI Deutschland B.V. & Co KG, CGI Federal Inc., CGI France SAS, and CGI IT UK Limited.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
INVENTORY TO SALES: PASS
YIELD ADJUSTED P/E TO GROWTH (PEG) RATIO: PASS
EARNINGS PER SHARE: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of CGI INC
Full Guru Analysis for GIB
Full Factor Report for GIB
AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: The Aaron's Company, Inc. is an omnichannel provider of lease-to-own (LTO) solutions. The Company through its Aarons.com electronic commerce platform provides direct-to-consumer sales and lease ownership of furniture, appliances, consumer electronics and accessories. The Company's operations also include Woodhaven Furniture Industries (Woodhaven), which manufactures and supplies the majority of the bedding and a portion of the upholstered furniture leased and sold in Company-operated and franchised stores. Its electronic commerce platform, Aarons.com, allows customers to browse for merchandise, qualify for a lease, and complete the lease transaction. The Company holds approximately 1,300 Company-operated and franchised stores in 47 states and Canada, which are owned and operated by independent franchisees on a licensed basis.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
SALES: PASS
YIELD COMPARED TO THE S&P 500: FAIL
YIELD ADJUSTED P/E/GROWTH (PEG) RATIO: PASS
TOTAL DEBT/EQUITY RATIO: PASS
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of AARON'S COMPANY INC
Full Guru Analysis for AAN
Full Factor Report for AAN
NATHAN'S FAMOUS, INC. (NATH) is a small-cap growth stock in the Restaurants industry. The rating according to our strategy based on Peter Lynch changed from 72% to 74% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
Company Description: Nathan's Famous, Inc. is a licensor, wholesaler and retailer of products marketed under its Nathans brand, including its Nathans Beef Hot Dogs. The Company's segments include Branded Product Program, Product licensing, and Restaurant operations. The Branded Product Program segment is engaged in the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. The Product licensing segment includes royalties, from licensing a range of its branded products, including its hot dogs, sausage and corned beef products, frozen French fries and additional products, through retail grocery channels and club stores throughout the United States. The Restaurant operations segment is engaged in the sale of its products at Company-owned restaurants and earns fees and royalties from its franchised restaurants, including its virtual kitchens. Its products are marketed for sale in approximately 79,000 locations.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
P/E/GROWTH RATIO: PASS
SALES AND P/E RATIO: NEUTRAL
EPS GROWTH RATE: PASS
TOTAL DEBT/EQUITY RATIO: FAIL
FREE CASH FLOW: NEUTRAL
NET CASH POSITION: NEUTRAL
Detailed Analysis of NATHAN'S FAMOUS, INC.
Full Guru Analysis for NATH
Full Factor Report for NATH
More details on Validea's Peter Lynch strategy
Peter Lynch Stock Ideas
About Peter Lynch: Perhaps the greatest mutual fund manager of all-time, Lynch guided Fidelity Investment's Magellan Fund to a 29.2 percent average annual return from 1977 until his retirement in 1990, almost doubling the S&P 500's 15.8 percent yearly return over that time. Lynch's common sense approach and quick wit made him one of the most quoted investors on Wall Street. ("Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it," is one of his many pearls of wisdom.) Lynch's bestseller One Up on Wall Street is something of a "stocks for the everyman/everywoman", breaking his approach down into easy-to-understand concepts.
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Detailed Analysis of CGI INC Full Guru Analysis for GIB Full Factor Report for GIB AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN NATHAN'S FAMOUS, INC. (NATH) is a small-cap growth stock in the Restaurants industry. The Company's segments include Western and Southern Europe (primarily France and Portugal); United States (U.S.) Commercial and State Government; Canada; U.S. Federal; United Kingdom (U.K.) and Australia; Central and Eastern Europe (primarily Germany and the Netherlands); Scandinavia; Finland, Poland and Baltics; and Asia Pacific Global Delivery Centers of Excellence (India and Philippines).
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Detailed Analysis of CGI INC Full Guru Analysis for GIB Full Factor Report for GIB AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN NATHAN'S FAMOUS, INC. (NATH) is a small-cap growth stock in the Restaurants industry. Detailed Analysis of KINDER MORGAN INC Full Guru Analysis for KMI Full Factor Report for KMI INTEGER HOLDINGS CORP (ITGR) is a mid-cap growth stock in the Medical Equipment & Supplies industry.
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Detailed Analysis of CGI INC Full Guru Analysis for GIB Full Factor Report for GIB AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN NATHAN'S FAMOUS, INC. (NATH) is a small-cap growth stock in the Restaurants industry. The Terminals business segment includes the operations of refined petroleum product, chemical, renewable fuel and other liquid terminal facilities (other than those included in the Products Pipelines business segment) and all of its petroleum coke, metal and ores facilities.
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Detailed Analysis of CGI INC Full Guru Analysis for GIB Full Factor Report for GIB AARON'S COMPANY INC (AAN) is a small-cap value stock in the Rental & Leasing industry. Detailed Analysis of AARON'S COMPANY INC Full Guru Analysis for AAN Full Factor Report for AAN NATHAN'S FAMOUS, INC. (NATH) is a small-cap growth stock in the Restaurants industry. The Company operates through two segments: Modules Business and Other.
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8898.0
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2022-06-15 00:00:00 UTC
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Are Investors Undervaluing Aaron's (AAN) Right Now?
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AAN
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https://www.nasdaq.com/articles/are-investors-undervaluing-aarons-aan-right-now
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nan
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nan
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One stock to keep an eye on is Aaron's (AAN). AAN is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock is trading with a P/E ratio of 5.87, which compares to its industry's average of 10.78. AAN's Forward P/E has been as high as 12.99 and as low as 5.87, with a median of 8.75, all within the past year.
Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. AAN has a P/S ratio of 0.28. This compares to its industry's average P/S of 0.53.
If you're looking for another solid Consumer Services - Miscellaneous value stock, take a look at SP Plus (SP). SP is a # 2 (Buy) stock with a Value score of A.
Additionally, SP Plus has a P/B ratio of 2.94 while its industry's price-to-book ratio sits at 5.51. For SP, this valuation metric has been as high as 4.16, as low as 2.77, with a median of 3.21 over the past year.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Aaron's and SP Plus are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AAN and SP feels like a great value stock at the moment.
Zacks' Top Picks to Cash in on Electric Vehicles
Big money has already been made in the Electric Vehicle (EV) industry. But, the EV revolution has not hit full throttle yet. There is a lot of money to be made as the next push for future technologies ramps up. Zacks’ Special Report reveals 5 picks investors
See 5 EV Stocks With Extreme Upside Potential >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
SP Plus Corporation (SP): Free Stock Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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One stock to keep an eye on is Aaron's (AAN). AAN is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. AAN's Forward P/E has been as high as 12.99 and as low as 5.87, with a median of 8.75, all within the past year.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report One stock to keep an eye on is Aaron's (AAN). AAN is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A.
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One stock to keep an eye on is Aaron's (AAN). AAN is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. AAN's Forward P/E has been as high as 12.99 and as low as 5.87, with a median of 8.75, all within the past year.
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The Aaron's Company, Inc. (AAN): Free Stock Analysis Report One stock to keep an eye on is Aaron's (AAN). AAN is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A.
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8899.0
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2022-06-13 00:00:00 UTC
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BJ's Wholesale Club (BJ) Unveils Growth Plans to Open 4 Clubs
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AAN
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https://www.nasdaq.com/articles/bjs-wholesale-club-bj-unveils-growth-plans-to-open-4-clubs
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nan
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nan
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BJ's Wholesale Club Holdings, Inc.’s BJ focus on simplifying assortments, boosting marketing and merchandising capabilities, expanding into high-demand categories as well as building its own brands portfolio bodes well. Recently, management unveiled its expansion plans with the announcement of opening four clubs in the near future as part of its 2022 development plans.
Via these openings, BJ's Wholesale Club looks to offer the latest approach to the wholesale club experience, boosting members’ value. The latest clubs will locate in Noblesville, IN, New Albany, OH, Wayne, N.J and Midlothian, VA.
We note that this renowned warehouse club operator is entering the 18th state, as the Noblesville club will be the first BJ’s Wholesale Club in Indiana. The New Albany marks the seventh location in Ohio, while the Midlothian and Wayne clubs seem to fortify BJ’s footprint in Virginia (13 clubs) and New Jersey (23 clubs), respectively. Currently, BJ operates 229 clubs and 160 BJ's Gas locations across 17 states.
The aforesaid clubs look to offer a seamless experience to the members, featuring an extensive range of fresh foods, a full-service deli and household essentials, including paper products, cleaning products, pet supplies and a lot more. Members can also get various assortments, including apparel, seasonal items, toys, hot tech and local products, all in a one-stop shop.
Excitingly, members have the opportunity to save higher as the clubs will feature a BJ’s Gas station. Members can save up to 25% on grocery store prices daily or can stack savings using BJ’s coupons on top of the manufacturers’ coupons. Shoppers can also try BJ’s risk-free with its 100% money-back guaranteed membership. Members can conveniently shop through multiple options like BJs.com, the BJ’s mobile app, digital coupons, buy online, pick up in-club, curbside pickup, same-day delivery, Same-Day Select and ExpressPay.
What’s More?
BJ's Wholesale Club continues channelizing its resources toward expanding digital capabilities to better engage with members and provide them with shopping convenience. BJ has been sparing no effort to bolster omni-channel operations and ramp up delivery services. Digitally-enabled sales rose 26% in the first quarter of fiscal 2022 and more than 400% on a three-year stacked basis. Clubs fulfill approximately 80% of digitally enabled sales.
To make shopping comfortable, BJ’s Wholesale Club through Citizens Pay offers a buy now, pay later payment option to its members for purchases made above $99 through its website for delivery and with buy online, pick up in-club and curbside pick-up options.
Additionally, BJ's ExpressPay allows members to scan items as they shop and pay for their purchases in the BJ’s mobile app. BJ's Wholesale Club also teamed up with DoorDash to provide on-demand grocery delivery from its stores.
Shares of this presently Zacks Rank #3 (Hold) player have increased 19.8% in the past six months against the industry’s 12.1% decline.
Stocks to Consider
Some better-ranked stocks are Aaron’s AAN, Costco COST and Kroger KR.
Aaron’s, a manufacturer, marketer and distributor of spices, seasoning mixes and condiments, currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Aaron’s current financial-year sales suggests growth of 27.9% from the year-ago reported figure. AAN has a trailing four-quarter earnings surprise of 52.7%, on average.
Costco, a leading warehouse club operator, carries a Zacks Rank of 2 (Buy), currently. COST has a trailing four-quarter earnings surprise of 9.7%, on average.
The Zacks Consensus Estimate for Costco’s fiscal 2022 sales and earnings per share (EPS) suggests growth of 14.5% and 16.9%, respectively, from the corresponding last fiscal year’s tallies. COST has an expected EPS growth rate of 9.2% for three-five years.
Kroger, the renowned grocery retailer, is Zacks #2 Ranked at present. KR has an expected EPS growth rate of 11.4% for three-five years.
The Zacks Consensus Estimate for Kroger’s current financial-year sales and EPS suggests growth of 4.6% and 4.1%, respectively, from the corresponding year-ago reported numbers. KR has a trailing four-quarter earnings surprise of 22.1%, on average.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
The Kroger Co. (KR): Free Stock Analysis Report
BJ's Wholesale Club Holdings, Inc. (BJ): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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Stocks to Consider Some better-ranked stocks are Aaron’s AAN, Costco COST and Kroger KR. AAN has a trailing four-quarter earnings surprise of 52.7%, on average. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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Stocks to Consider Some better-ranked stocks are Aaron’s AAN, Costco COST and Kroger KR. AAN has a trailing four-quarter earnings surprise of 52.7%, on average. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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Stocks to Consider Some better-ranked stocks are Aaron’s AAN, Costco COST and Kroger KR. AAN has a trailing four-quarter earnings surprise of 52.7%, on average. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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Stocks to Consider Some better-ranked stocks are Aaron’s AAN, Costco COST and Kroger KR. AAN has a trailing four-quarter earnings surprise of 52.7%, on average. The Aaron's Company, Inc. (AAN): Free Stock Analysis Report
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