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9000.0
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2019-04-04 00:00:00 UTC
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3 Retail Stocks to Buy Right Now for Value & Income
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AAN
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https://www.nasdaq.com/articles/3-retail-stocks-buy-right-now-value-income-2019-04-04-0
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nan
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nan
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The S&P 500 has climbed nearly 15% this year, driven by growth from tech giants. With that said, no matter how long the current rally lasts, it is always a good idea to search for stocks that provide great value and solid income.
Therefore, we have highlighted three retail stocks that present impressive value, pay a dividend, and earn a Zacks Rank #2 (Buy) or better at the moment.
1. Target TGT
Target's full-year 2018 comparable sales were their strongest since 2005, up 5%. Plus, Target's digital comps surged 36% to help extend a run of five straight years of at least 25% growth in the increasingly important retail category. Target, like rivals Walmart WMT , Costco, and Kroger KR , has ramped up its e-commerce business in order to better compete in a modern retail age. The Minneapolis-based retailer has introduced same-day delivery at many locations, redesigned stores, opened smaller locations in college towns and urban areas, and much more.
Looking ahead, our current Zacks Consensus Estimates call for Target's adjusted first-quarter 2019 earnings to pop 8.3% on the back of 4.5% revenue growth. For the full-year, the Minneapolis-based retailer is expected to see its EPS figure jump 7.4% on 3.4% revenue expansion. The company has also seen a ton of positive earnings estimate revision activity for 2019 and 2020 to help Target earn a Zacks Rank #2 (Buy).
Target is a dividend payer that recently announced a $0.64 a share payout, for an annualized dividend of $2.56 and an impressive 3.23% yield. TGT stock is also trading at 13.5X forward 12-month Zacks Consensus. This marks a discount to the S&P 500's 17X, its industry's 25.7X average, and its own five-year high of 20.1X and 14.3X median. Plus, Target sports a P/S ratio of 0.54, which comes in below its industry's 0.65 average. Target currently rocks "A" grades for Value and Growth in our Style Scores system and its stock price rests around 10% below its 52-week high, despite its 25% surge to start the year.
2. Best Buy BBY
Shares of Best Buy have soared over 40% in 2019 to double its industry's average climb and crush the S&P. Some of BBY's recent strength comes from a better-than-expected fourth quarter of its fiscal 2019, sparked by sales of headphones, accessories, and more. Meanwhile, the company's full-year comps, including its website, climbed 4.8%. Last year was the electronics retailer's fifth consecutive year of comps growth amid worries that e-commerce companies would undercut Best Buy.
The fellow Minnesota headquartered firm has rolled out more services, increased in-store pick for digital orders, introduced more price-matching, among other initiatives. The company's appliances and electronics sales have also benefitted from once-mighty competitors like Sears closing so many stores. Best Buy's fiscal 2020 earnings are projected to jump 5.8% to reach $5.63 per share. Peeking further ahead, the company's full-year 2021 EPS figure is expected to jump 6.4% above our current year estimate.
BBY stock closed regular trading Thursday up 2.80% to $74.57 per share, which still gives the stock room to run before hitting its 52-week high of $84.37 per share. Best Buy's price/sales ratio of 0.45 falls below its industry's 0.74 as well as it peer Aaron's, Inc. AAN 0.93. The company is also trading just under its five-year median forward P/E at 12.7, which comes in well below its 18.2X high over this stretch. Best Buy is currently a Zack Ranks #2 (Buy) that pays an annualized dividend of $2.00 per share, with a yield of 2.76%.
3. Costco COST
The big-box grocery giant is coming off a better-than-expected Q2 fiscal 2019. COST stock has also jumped 20% to start the year. Costco's e-commerce strength has helped drive growth. In fact, digital comps surged over 25% last quarter, boosted by Costco's free two-day delivery for non-perishable food and household supplies, along with expanded same-day through its Instacart partnership.
Costco also recently proved its e-commerce strength as rivals such as Walmart and Target all roll out more digital offerings and delivery. On top of that, COST overtook Amazon's AMZN spot as the number one internet retailer in terms of customer satisfaction in 2018, according to the American Customer Satisfaction Index. Looking ahead, Costco's quarterly revenue is projected to jump 7.3% to reach $34.69 billion to match last quarter's top-line expansion. Meanwhile, COST's full-year revenues are projected to jump 7.6%, with its adjusted fiscal 2019 earnings expected to surge 15.8%.
Costco's earnings estimate revision activity has also trended heavily in the right direction over the last 30 days, especially for 2019 and 2020. This positivity helps COST earn a Zacks Rank #2 (Buy). The company also pays an annualized dividend of $2.28, with a 0.94% yield. And Costco boasts "B" grades for Value, Growth, and Momentum and sports a 0.72 P/S ratio. Costco is also trading just a bit above its industry's average forward P/E at 29.6.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
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See their latest picks 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
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Target Corporation (TGT): Free Stock Analysis Report
Walmart Inc. (WMT): Free Stock Analysis Report
Costco Wholesale Corporation (COST): Free Stock Analysis Report
The Kroger Co. (KR): 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.
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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Best Buy's price/sales ratio of 0.45 falls below its industry's 0.74 as well as it peer Aaron's, Inc. AAN 0.93. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report The Kroger Co. (KR): Free Stock Analysis Report To read this article on Zacks.com click here. Target, like rivals Walmart WMT , Costco, and Kroger KR , has ramped up its e-commerce business in order to better compete in a modern retail age.
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Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report The Kroger Co. (KR): Free Stock Analysis Report To read this article on Zacks.com click here. Best Buy's price/sales ratio of 0.45 falls below its industry's 0.74 as well as it peer Aaron's, Inc. AAN 0.93. The company has also seen a ton of positive earnings estimate revision activity for 2019 and 2020 to help Target earn a Zacks Rank #2 (Buy).
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Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report The Kroger Co. (KR): Free Stock Analysis Report To read this article on Zacks.com click here. Best Buy's price/sales ratio of 0.45 falls below its industry's 0.74 as well as it peer Aaron's, Inc. AAN 0.93. The company has also seen a ton of positive earnings estimate revision activity for 2019 and 2020 to help Target earn a Zacks Rank #2 (Buy).
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Best Buy's price/sales ratio of 0.45 falls below its industry's 0.74 as well as it peer Aaron's, Inc. AAN 0.93. Click to get this free report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Target Corporation (TGT): Free Stock Analysis Report Walmart Inc. (WMT): Free Stock Analysis Report Costco Wholesale Corporation (COST): Free Stock Analysis Report The Kroger Co. (KR): Free Stock Analysis Report To read this article on Zacks.com click here. TGT stock is also trading at 13.5X forward 12-month Zacks Consensus.
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af2f993d-b8eb-4799-8deb-5c696718a720
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9001.0
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2019-03-20 00:00:00 UTC
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Can PVH Corp (PVH) Keep Earnings Beat Streak Alive in Q4?
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AAN
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https://www.nasdaq.com/articles/can-pvh-corp-pvh-keep-earnings-beat-streak-alive-in-q4-2019-03-20
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nan
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nan
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PVH CorporationPVH is slated to release fourth-quarter fiscal 2018 results on Mar 27.
The company boasts an impressive earnings surprise history, having outpaced the Zacks Consensus Estimate for the 18th consecutive quarter. It also delivered a sales beat in eight of the trailing nine quarters.
Currently, the Zacks Consensus Estimate for fourth-quarter earnings is pegged at $1.75, mirroring an improvement of roughly 10.8% from the prior-year quarter. Estimates remained stable over the past 30 days. Moreover, quarterly revenues are projected to be $2.41 billion, reflecting a 3.6% decline year over year.
PVH Corp. Price and EPS Surprise
PVH Corp. Price and EPS Surprise | PVH Corp. Quote
Let's see how things are shaping up prior to this announcement.
Factors at Play
PVH Corp has been benefiting from its diversified brand portfolio, particularly the Tommy Hilfiger brand. Also, impressive growth at Heritage Brands is aiding the company's results. Moreover, the company's approach toward brand management helps each of its brands to develop further through efficient marketing strategies, financial control and operating leverage.
In third-quarter fiscal 2018, PVH Corp witnessed softness across its Calvin Klein business, which negatively impacted its overall sales. Weakness across its 205 W39 NYC halo business along with issues related to Calvin Klein's Jeans business due to fashion miss affected the brand's results. Nevertheless, management recently announced plans to relaunch the CALVIN KLEIN 205W39NYC collection with a modern name and creative fashionable approach to connect directly to the CALVIN KLEIN brands' family. Calvin Klein's strategy unfolds three key initiatives that include the redesigning of the CALVIN KLEIN 205W39NYC business, adopting the digital-first model and streamlining its North America business.
Impressively, PVH Corp has been witnessing solid momentum across all its business units amid tough macroeconomic and volatile scenario. The company is enriching its digital experiences as well. As a result, it raised adjusted profit forecast for fourth-quarter and fiscal 2018. Management envisions adjusted earnings per share of minimum $1.75 for fourth-quarter fiscal 2018, which is 15 cents higher than the upper-end of its prior projection of $1.58-$1.60. This guidance comprises 5 cents per share gain from lower income tax expenses. For fiscal 2018, adjusted earnings per share are estimated to be at or above $9.50 compared with $9.33-$9.35 anticipated earlier.
Additionally, PVH Corp expects revenues for fourth-quarter and fiscal 2018 to be not less than $2.40 billion and $9.57 billion, respectively.
However, PVH Corp operates in a highly fragmented market and faces intense competition, which along with volatility in the global environment remain major concerns. This, in turn, might weigh on the company's growth and profitability. Also, management is striving hard to turnaround the Calvin Klein brand but this might take time and hurt results in the to-be-reported quarter.
What Does the Zacks Model Say?
Our proven model conclusively shows that PVH Corp is likely to bea t earnings estimates in the fiscal fourth quarter. This is because a stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen. You may uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
PVH Corp has a Zacks Rank #3 and an Earnings ESP of +1.14%, making us confident of an earnings beat.
Other Stocks Poised to Beat Earnings Estimates
Here are some other companies that you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:
NIKE, Inc. NKE has an Earnings ESP of +3.93% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Monarch Casino & Resort, Inc. MCRI has an Earnings ESP of +5.26% and a Zacks Rank #3.
Aaron's, Inc. AAN has an Earnings ESP of +0.18% and a Zacks Rank #3.
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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
Monarch Casino & Resort, Inc. (MCRI): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
NIKE, Inc. (NKE): Free Stock Analysis Report
PVH Corp. (PVH): 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.
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, Inc. AAN has an Earnings ESP of +0.18% and a Zacks Rank #3. Click to get this free report Monarch Casino & Resort, Inc. (MCRI): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report PVH Corp. (PVH): Free Stock Analysis Report To read this article on Zacks.com click here. Impressively, PVH Corp has been witnessing solid momentum across all its business units amid tough macroeconomic and volatile scenario.
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Click to get this free report Monarch Casino & Resort, Inc. (MCRI): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report PVH Corp. (PVH): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +0.18% and a Zacks Rank #3. PVH Corp. Price and EPS Surprise PVH Corp. Price and EPS Surprise | PVH Corp. Quote Let's see how things are shaping up prior to this announcement.
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Click to get this free report Monarch Casino & Resort, Inc. (MCRI): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report PVH Corp. (PVH): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +0.18% and a Zacks Rank #3. PVH Corp has a Zacks Rank #3 and an Earnings ESP of +1.14%, making us confident of an earnings beat.
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Aaron's, Inc. AAN has an Earnings ESP of +0.18% and a Zacks Rank #3. Click to get this free report Monarch Casino & Resort, Inc. (MCRI): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report PVH Corp. (PVH): Free Stock Analysis Report To read this article on Zacks.com click here. In third-quarter fiscal 2018, PVH Corp witnessed softness across its Calvin Klein business, which negatively impacted its overall sales.
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ee6e4b52-278a-4aa9-b5ce-29a5aeeb52f8
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9002.0
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2019-03-18 00:00:00 UTC
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Add Up The Pieces: EWMC Could Be Worth $72
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AAN
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https://www.nasdaq.com/articles/add-pieces-ewmc-could-be-worth-72-2019-03-18
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the Invesco S&P MidCap 400 Equal Weight ETF (Symbol: EWMC), we found that the implied analyst target price for the ETF based upon its underlying holdings is $71.69 per unit.
With EWMC trading at a recent price near $64.04 per unit, that means that analysts see 11.95% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of EWMC's underlying holdings with notable upside to their analyst target prices are Kennametal Inc. (Symbol: KMT), Aaron's Inc (Symbol: AAN), and Murphy Oil Corp (Symbol: MUR). Although KMT has traded at a recent price of $36.29/share, the average analyst target is 20.33% higher at $43.67/share. Similarly, AAN has 17.57% upside from the recent share price of $51.67 if the average analyst target price of $60.75/share is reached, and analysts on average are expecting MUR to reach a target price of $34.00/share, which is 14.29% above the recent price of $29.75. Below is a twelve month price history chart comparing the stock performance of KMT, AAN, and MUR:
Below is a summary table of the current analyst target prices discussed above:
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
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.
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Below is a twelve month price history chart comparing the stock performance of KMT, AAN, and MUR: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of EWMC's underlying holdings with notable upside to their analyst target prices are Kennametal Inc. (Symbol: KMT), Aaron's Inc (Symbol: AAN), and Murphy Oil Corp (Symbol: MUR). Similarly, AAN has 17.57% upside from the recent share price of $51.67 if the average analyst target price of $60.75/share is reached, and analysts on average are expecting MUR to reach a target price of $34.00/share, which is 14.29% above the recent price of $29.75.
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Three of EWMC's underlying holdings with notable upside to their analyst target prices are Kennametal Inc. (Symbol: KMT), Aaron's Inc (Symbol: AAN), and Murphy Oil Corp (Symbol: MUR). Similarly, AAN has 17.57% upside from the recent share price of $51.67 if the average analyst target price of $60.75/share is reached, and analysts on average are expecting MUR to reach a target price of $34.00/share, which is 14.29% above the recent price of $29.75. Below is a twelve month price history chart comparing the stock performance of KMT, AAN, and MUR: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Similarly, AAN has 17.57% upside from the recent share price of $51.67 if the average analyst target price of $60.75/share is reached, and analysts on average are expecting MUR to reach a target price of $34.00/share, which is 14.29% above the recent price of $29.75. Below is a twelve month price history chart comparing the stock performance of KMT, AAN, and MUR: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of EWMC's underlying holdings with notable upside to their analyst target prices are Kennametal Inc. (Symbol: KMT), Aaron's Inc (Symbol: AAN), and Murphy Oil Corp (Symbol: MUR).
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Below is a twelve month price history chart comparing the stock performance of KMT, AAN, and MUR: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of EWMC's underlying holdings with notable upside to their analyst target prices are Kennametal Inc. (Symbol: KMT), Aaron's Inc (Symbol: AAN), and Murphy Oil Corp (Symbol: MUR). Similarly, AAN has 17.57% upside from the recent share price of $51.67 if the average analyst target price of $60.75/share is reached, and analysts on average are expecting MUR to reach a target price of $34.00/share, which is 14.29% above the recent price of $29.75.
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5dc9a606-bd2e-4f61-a36f-fad14ae37310
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9003.0
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2019-03-16 00:00:00 UTC
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Aaron's (AAN) Down 4% Since Last Earnings Report: Can It Rebound?
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AAN
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https://www.nasdaq.com/articles/aarons-aan-down-4-since-last-earnings-report%3A-can-it-rebound-2019-03-16
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nan
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nan
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A month has gone by since the las t earnings report for Aaron's (AAN). Shares have lost about 4% 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 its most recen t earnings report in order to get a better handle on the important drivers.
Aaron's Q4 Earnings & Revenues Improve Y/Y
Aaron's, Inc. released fourth-quarter 2018 results, wherein both the top and the bottom lines lagged the Zacks Consensus Estimate. However, both the metrics increased year over year, thanks to improved sales in most segments and enhanced margins.
Q4 Highlights
Aaron's delivered adjusted earnings of $1.02 per share, which missed the Zacks Consensus Estimate by a penny but increased almost 57% from the prior-year quarter's figure. The year-over-year surge can be attributed to higher revenues and enhanced margins.
Including one-time items, the company reported GAAP earnings per share of 89 cents, down from $2.46 in the year-ago quarter. The decline stemmed from absence of the tax benefits realized last year.
Consolidated revenues totaled $993.2 million, which advanced 12.3% year over year but fell short of the Zacks Consensus Estimate of $996 million. Revenue growth was backed by increase in Progressive revenues and the inclusion of 152 franchised stores acquired by the Aaron's Business segment.
Aaron's franchisee revenues declined 27.8% to $117 million. Same-store sales for franchised stores increased 3.1%, while same-store customer counts decreased 2.2% in the reported quarter. In fact, the franchisees had a customer base of 277,000 at the end of the quarter.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) ascended 25.3% year over year to $112.7 million, thanks to robust Progressive segment growth. Moreover, the adjusted EBITDA margin expanded 110 basis points (bps) to about 11.3%, courtesy of higher gross margin and lower operating expenses.
Segment Details
Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business (Progressive Leasing); Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as Aaron's Business); and Dent-A-Med, Inc. or DAMI.
Progressive Leasing
Sales at this segment summed $524.4 million in the reported quarter, up 22.4% year over year. Invoice volumes rose 14.1%, owing to 2% improvement in active doors and 11.6% in invoice volumes per active door. As of Dec 31, 2018, this division had 876,000 customers, reflecting 18.4% growth year over year.
The segment's EBITDA was $65.5 million, up 31.2% from the year-ago quarter. Further, EBITDA margin expanded 80 bps to 12.5%.
Aaron's Business
Total sales at the Aaron's Business segment inched up 2.9% to $459.7 million on the back of the buyout of 152 franchised locations in 2018. Same store revenues fell 0.5%, owing to reduced front-up payments stemming from higher promotional activity. However, this is likely to serve as a tailwind to same-store revenue growth in 2019. Also, customer-count fell 5% on a same-store basis.
Non-retail sales tumbled 25.2% on a year-over-year basis. Nonetheless, lease revenues and fees for the three months ended Dec 31, 2018, grew 8.6% from the year-ago quarter. At quarter end, the company-operated Aaron's stores had 1,038,000 customers, reflecting 5.6% year-over-year increase.
Adjusted EBITDA at this division came in at $47.6 million, up 15.1% year over year. Also, adjusted EBITDA margin expanded 110 bps to 10.4%.
DAMI
Sales at the DAMI segment amounted to $9.1 million compared with $9.3 million in the year-ago period.
Financial Position
Aaron's ended the quarter with cash and cash equivalents of $15.3 million, debt of $424.8 million and shareholders' equity of $1,760.7 million.
During the fourth quarter, the company repurchased 1,448,946 shares for $68.7 million, which along with dividend payments led to total shareholder returns of $70.8 million. In 2018, the company bought back 3.75 million shares for $168.7 million. Currently, Aaron's has an authorization to repurchase shares worth another $331.3 million.
During 2018, the company generated cash from operations of $356.5 million. Capital expenditures for 2019 are expected to be $100-$120 million.
Store Update
In the quarter under review, Aaron's purchased 49 franchised stores and consolidated four company-operated stores. Further, it closed four franchised stores and sold two during the same time frame.
As of Dec 31, 2018, the Aaron's Business segment had 1,312 company-operated stores and 377 franchised stores.
Guidance
Management remained pleased with its 2018 show, and is on track with the company's transformation. The company projects total sales for 2019 to be between $3,905 million and $4,065 million. Adjusted EBITDA is anticipated to be $415-$442 million. Further, management expects adjusted earnings of $3.65-$3.85 per share, which lies below the Zacks Consensus Estimate of $3.91.
Total sales at the Aaron's Business segment are projected to be $1,775-$1,855 million. While sales at the Progressive segment are envisioned to be between $2,100 million and $2,175 million, the same at the DAMI segment are expected to be $30-$35 million.
Aaron's Business' adjusted EBITDA is anticipated to be $160-$170 million. EBITDA at the Progressive division is envisioned to be $260-$275 million. For the DAMI segment, adjusted EBITDA is projected to be negative $3-$5 million.
How Have Estimates Been Moving Since Then?
In the past month, investors have witnessed a downward trend in fresh estimates.
VGM Scores
Currently, Aaron's has a subpar Growth Score of D, a grade with the same score on the momentum front. However, the stock was allocated a grade of B on the value side, putting it in the top 40% 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 this revision 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.
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
Aaron's, 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.
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 las t earnings report for Aaron's (AAN). Click to get this free report Aaron's, 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 recen t earnings report in order to get a better handle on the important drivers.
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A month has gone by since the las t earnings report for Aaron's (AAN). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Consolidated revenues totaled $993.2 million, which advanced 12.3% year over year but fell short of the Zacks Consensus Estimate of $996 million.
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A month has gone by since the las t earnings report for Aaron's (AAN). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Segment Details Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business (Progressive Leasing); Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as Aaron's Business); and Dent-A-Med, Inc. or DAMI.
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A month has gone by since the las t earnings report for Aaron's (AAN). Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Revenue growth was backed by increase in Progressive revenues and the inclusion of 152 franchised stores acquired by the Aaron's Business segment.
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c6637ca2-295c-4d69-8e3b-15bae2cf5ad3
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9004.0
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2019-02-28 00:00:00 UTC
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Earnings Reaffirm Rent-A-Center Stock’s Lease on Life
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AAN
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https://www.nasdaq.com/articles/earnings-reaffirm-rent-center-stocks-lease-life-2019-02-28
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Rent-A-Center (NASDAQ: RCII ) surged higher following the release of fourth-quarter and full-year earnings. The Plano, Texas-based rent-to-own company reported higher profits and revenues than Wall Street had expected. This sent RCII stock price soaring higher in morning trading.
Source: Shutterstock
Now, with its takeover canceled and profits returning, RCII stock gets a second chance. Given the rising profit growth, Rent-A-Center stock should continue its move higher, at least for now.
RCII Beat Quarterly and Yearly Estimates
Rent-A-Center reported fourth-quarter earnings of 35 cents per share. This came in well ahead of the 20 cents per share Wall Street had predicted. Revenues of $661.8 million also beat the expected $656.78 million analysts had predicted. The company lost 41 cents per share in the same quarter last year on $638.95 million in revenue.
RCII reported full-year 2018 earnings of $1.06 per share, 14 cents per share ahead of the expected 92 cents per share. On the revenue side, the company brought in just over $2.66 billion, slightly beating the $2.65 billion predicted by Wall Street.
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For 2019, the company offered mixed guidance. Rent-A-Center expects to bring in between $2.59 billion and $2.63 billion in 2019. Wall Street had forecasted $2.62 billion. The company also expects earnings between $1.75 and $2.15 per share. Analysts had previously anticipated profits of $1.77 per share.
RCII Moves Higher Following Termination of Takeover
The RCII stock price saw little movement for much of the year. In June, an agreement among affiliates of Vintage Capital Management LLC to acquire the company for $15 per share left the stock with few catalysts. However, Rent-A-Center called off the deal in December. Both RCII and Vintage remain in litigation over the fallout from the termination. However, RCII trades higher than the $15 per share Vintage agreed to pay for the company.
The decision to remain independent and public continues amid long-time struggles. The stock has suffered through a multi-year decline since it peaked in 2013 at just over $40 per share. RCII stock fell behind its most direct peer, Aaron's (NYSE: AAN ), and its market cap tumbled below $1 billion. The company also found itself in competition with much larger retailers such as Walmart (NYSE: WMT ) and Best Buy (NYSE: BBY ), who also offer rent-to-own options.
Valuation Appears Cheap, but be careful
However, earning $1.06 per share for 2018 after a loss the previous year shows the company has turned a corner. This return to positive earnings indicates that the stock could rise over time. As a result, the forward price-to-earnings (P/E) ratio stands at about 10.6, and higher guidance could reduce the multiple further.
Still, the P/E ratio may look deceptively cheap. Over the next five years, Wall Street expects profit growth to fall to an average of 5% per year. Moreover, Vintage Capital's lawsuit against RCII remains unresolved. If the court rules against Rent-A-Center, prepare for a temporary disruption in the growth of RCII. I still see RCII stock growing in the near term. However, I remain unconvinced that the stock will return to the $40-plus-per-share record high anytime soon.
The Bottom Line on RCII Stock
Profit growth and the recent earnings beat positions RCII stock-at least for now. Rent-A-Center stock moved higher in morning trading as the firm beat earnings and revenue estimates for both the previous quarter and 2018. Further, forward guidance indicates profits could soar much higher than expected in 2019.
Terminating its takeover by Vintage Capital appears to have led to legal troubles. However, with the stock moving well ahead of the $15 per share merger price, Rent-A-Center appears positioned to again prosper as a standalone company. Moreover, a low P/E ratio combined with a near doubling of profits for 2019 could take RCII stock higher for now.
Still, investors should keep expectations in check. Analysts think profit growth will slow to single-digit levels in future years. Further, with a market cap around $1 billion, it still must compete with large and mega-cap retailers with their own rent-to-own segments. Also, investors should prepare for any fallout coming from Vintage Capital's lawsuit against RCII.
Nonetheless, RCII stock has returned to profitability. Although it may not return to its all-time high anytime soon, it should continue to move higher for the foreseeable future.
As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You canfollow Will on Twitterat @HealyWriting.
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The post Earnings Reaffirm Rent-A-Center Stock's Lease on Life appeared first on InvestorPlace .
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.
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RCII stock fell behind its most direct peer, Aaron's (NYSE: AAN ), and its market cap tumbled below $1 billion. In June, an agreement among affiliates of Vintage Capital Management LLC to acquire the company for $15 per share left the stock with few catalysts. Valuation Appears Cheap, but be careful However, earning $1.06 per share for 2018 after a loss the previous year shows the company has turned a corner.
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RCII stock fell behind its most direct peer, Aaron's (NYSE: AAN ), and its market cap tumbled below $1 billion. RCII Beat Quarterly and Yearly Estimates Rent-A-Center reported fourth-quarter earnings of 35 cents per share. RCII reported full-year 2018 earnings of $1.06 per share, 14 cents per share ahead of the expected 92 cents per share.
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RCII stock fell behind its most direct peer, Aaron's (NYSE: AAN ), and its market cap tumbled below $1 billion. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rent-A-Center (NASDAQ: RCII ) surged higher following the release of fourth-quarter and full-year earnings. RCII reported full-year 2018 earnings of $1.06 per share, 14 cents per share ahead of the expected 92 cents per share.
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RCII stock fell behind its most direct peer, Aaron's (NYSE: AAN ), and its market cap tumbled below $1 billion. Given the rising profit growth, Rent-A-Center stock should continue its move higher, at least for now. The company also expects earnings between $1.75 and $2.15 per share.
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a0d4e67a-2f20-48dd-a433-a12f31333759
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9005.0
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2019-02-26 00:00:00 UTC
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Rent-A-Center (RCII) Stock Up on Q4 Earnings & Revenue Beat
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AAN
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https://www.nasdaq.com/articles/rent-a-center-rcii-stock-up-on-q4-earnings-revenue-beat-2019-02-26
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nan
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nan
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Shares of Rent-A-Center, Inc.RCII rallied roughly 5% during after-market trading on Feb 25 following better-than-expected results for fourth-quarter 2018. Notably, the top and the bottom line improved year over year. Moreover, it marked the third straight quarter of positive sales and earnings surprise.
This rent-to-own operator delivered adjusted earnings of 35 cents a share that beat the Zacks Consensus Estimate of 19 cents and also compared favorably with a loss of 41 cents in the year-ago quarter. Total revenues of $661.8 million were ahead of the consensus mark of $654.5 million.
The top line grew 3.6% on account of solid comparable-store sales (comps) growth, partly offset by the closure of certain Core U.S. locations. Meanwhile, adjusted EBITDA during the quarter came in at $49 million, far better than a loss of $8.5 million a year ago.
Clearly, the company's initiatives are well on track. Management intends to focus on cost containment endeavors, improving traffic trends, targeted value proposition, refranchising program and augmenting cash flow. Further, the company is rationalizing store base and lowering debt load. The company informed that its cost-saving initiatives are likely to help lower costs by approximately $50 million in 2019.
Comparable-Store Sales Performance
Comps during the quarter grew 9.1%, reflecting an increase of 8.8%, 9.6% and 13.8% across the Core U.S., Acceptance Now and Mexico segments, respectively. This was the eighth straight quarter of comps improvement.
Notably, comps for the Core U.S., Mexico and Acceptance Now segments have improved 360, 100 and 290 basis points (bps), respectively, on a sequential basis.
Consolidated comps for this Zacks Rank #3 (Hold) company portray a sequential improvement of 340 bps. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Segment Performance
Revenues at the Core U.S. segment rose 4.9% to $466.6 million on improved comps, partly offset by continued store base rationalization.
Revenues at Acceptance Now fell 1.5% from the prior-year quarter to $173.1 million on account of closure of company's locations in 2017. This was partly mitigated by healthy comps.
Mexico segment's revenues came in at $12.5 million, up 7.2% from the year-ago period. On a constant currency basis, the metric improved 12.1%.
Finally, total Franchising revenues surged 41% to $9.5 million during the reported quarter. This can be attributed to change in the accounting standard for franchise advertising fees and higher merchandise sales due to increased store count.
Store Update
At the end of the quarter under review, there were 2,158 Core U.S. locations, 1,106 Acceptance Now Staffed stores, 96 Acceptance Now Direct stores, 122 stores in Mexico and 281 Franchise stores.
Other Financial Aspects
Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $155.4 million, net Senior notes of $540 million and stockholders' equity of $286.5 million. The company incurred capital expenditures of $5.5 million during the reported quarter.
During 2018, the company lowered its net debt by more than $220 million. Management anticipates net debt of $270-$235 million for 2019 with a leverage ratio of 1.25x to 0.90x. The company expects to generate free cash flow of $115-$145 million during 2019.
Outlook
Rent-A-Center now projects consolidated revenues between $2.585 billion and $2.630 billion for 2019 with expected Core U.S. revenues of $1.765-$1.790 billion and Acceptance NOW revenues of $725-$740 million. Management envisions consolidated comps growth in the low to mid-single digits.
The company foresees adjusted EBITDA in the band of $220-$250 million and adjusted earnings per share in the range of $1.75-$2.15 for 2019. The current Zacks Consensus Estimate earnings currently stands at $1.77.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Rent-A-Center, Inc. (RCII): Free Stock Analysis Report
AeroCentury Corp. (ACY): Free Stock Analysis Report
McGrath RentCorp (MGRC): 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.
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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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $155.4 million, net Senior notes of $540 million and stockholders' equity of $286.5 million. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. The top line grew 3.6% on account of solid comparable-store sales (comps) growth, partly offset by the closure of certain Core U.S. locations.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $155.4 million, net Senior notes of $540 million and stockholders' equity of $286.5 million. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. The top line grew 3.6% on account of solid comparable-store sales (comps) growth, partly offset by the closure of certain Core U.S. locations.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $155.4 million, net Senior notes of $540 million and stockholders' equity of $286.5 million. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Segment Performance Revenues at the Core U.S. segment rose 4.9% to $466.6 million on improved comps, partly offset by continued store base rationalization.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $155.4 million, net Senior notes of $540 million and stockholders' equity of $286.5 million. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, comps for the Core U.S., Mexico and Acceptance Now segments have improved 360, 100 and 290 basis points (bps), respectively, on a sequential basis.
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3094b937-a04e-4864-a561-e1a70b1643b3
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9006.0
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2019-02-19 00:00:00 UTC
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Is Aaron's, Inc. (AAN) a Great Stock for Value Investors?
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AAN
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https://www.nasdaq.com/articles/is-aarons-inc.-aan-a-great-stock-for-value-investors-2019-02-19
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nan
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nan
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Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar o f earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Aaron's, Inc. has a trailing twelve months PE ratio of 15.8, as you can see in the chart below:
This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 compares in at about 17.5. If we focus on the stock's long-term PE trend, the current level puts Aaron's, Inc.'s current PE ratio marginally below its midpoint (which is 15.9) over the past five years.
Nonetheless, we should also point out that Aaron's, Inc. has a forward PE ratio (price relative to this year's earnings) of just 13.8, so it is fair to say that a slightly more value-oriented path may be ahead for Aaron's, Inc.'s stock in the near term too.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Aaron's, Inc. has a P/S ratio of about 0.9. This is substantially lower than the S&P 500 average, which comes in at 3.3 right now. Also, as we can see in the chart below, this is somewhat below the highs for this stock in particular over the past few years.
If anything, this suggests some level of undervalued trading-at least compared to historical norms.
Broad Value Outlook
In aggregate, Aaron's, Inc. currently has a Value Style Score of B, putting it into the top 40% of all stocks we cover from this look. This makes AAN a solid choice for value investors, and some of its other key metrics make this pretty clear too.
For example, the P/CF ratio (another great indicator of value) comes in at 1.9, which is somewhat better than the industry average of 8.3. Clearly, AAN is a solid choice on the value front from multiple angles.
What About the Stock Overall?
Though Aaron's, Inc. might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of D and a Momentum score of C. This gives AAN a VGM score-or its overarching fundamental grade-of C. (You can read more about the Zacks Style Scores here >> )
Meanwhile, the company's recen t earnings estimates have been mixed at best. The current quarter has seen two estimates go higher in the past sixty days and two lower, while the full year estimate has seen one upward and four downward revisions in the same time period.
This has had a noticeable impact on the consensus estimate, as the current quarter consensus estimate has not witnessed any earnings momentum in the past two months, while the full year estimate has slipped 1.3%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
This somewhat bearish trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term.
Bottom Line
Aaron's, Inc. is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. However, with a sluggish industry rank (bottom 35% out of more than 250 industries) and a Zacks Rank #3, it is hard to get too excited about this company overall. In fact, over the past one year, the sector has clearly underperformed the broader market, as you can see below:
So, value investors might want to wait for estimates, analyst sentiment and broader factors to turn favorable in this name first, but once that happen, this stock could be a compelling pick.
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Aaron's, 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.
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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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes AAN a solid choice for value investors, and some of its other key metrics make this pretty clear too. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes AAN a solid choice for value investors, and some of its other key metrics make this pretty clear too. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes AAN a solid choice for value investors, and some of its other key metrics make this pretty clear too. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This makes AAN a solid choice for value investors, and some of its other key metrics make this pretty clear too. Clearly, AAN is a solid choice on the value front from multiple angles.
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ff63138a-ea8d-4890-86fc-96701a547dab
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9007.0
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2019-02-15 00:00:00 UTC
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Aaron's (AAN) Q4 Earnings & Revenues Improve Y/Y, Shares Rise
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AAN
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https://www.nasdaq.com/articles/aarons-aan-q4-earnings-revenues-improve-y-y-shares-rise-2019-02-15
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nan
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nan
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Aaron's, Inc.AAN released fourth-quarter 2018 results, wherein both the top and the bottom lines lagged the Zacks Consensus Estimate. However, both the metrics increased year over year, thanks to improved sales in most segments and enhanced margins.
Consequently, shares of the company gained 6.8% during yesterday's trading session. In the past six months, this Zacks Rank #2 (Buy) stock has rallied 11% against the industry 's decline of 19.4%.
Q4 Highlights
Aaron's delivered adjusted earnings of $1.02 per share, which missed the Zacks Consensus Estimate by a penny but increased almost 57% from the prior-year quarter's figure. The year-over-year surge can be attributed to higher revenues and enhanced margins.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
Including one-time items, the company reported GAAP earnings per share of 89 cents, down from $2.46 in the year-ago quarter. The decline stemmed from absence of the tax benefits realized last year.
Consolidated revenues totaled $993.2 million, which advanced 12.3% year over year but fell short of the Zacks Consensus Estimate of $996 million. Revenue growth was backed by increase in Progressive revenues and the inclusion of 152 franchised stores acquired by the Aaron's Business segment.
Aaron's franchisee revenues declined 27.8% to $117 million. Same-store sales for franchised stores increased 3.1%, while same-store customer counts decreased 2.2% in the reported quarter. In fact, the franchisees had a customer base of 277,000 at the end of the quarter.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) ascended 25.3% year over year to $112.7 million, thanks to robust Progressive segment growth. Moreover, the adjusted EBITDA margin expanded 110 basis points (bps) to about 11.3%, courtesy of higher gross margin and lower operating expenses.
Segment Details
Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business (Progressive Leasing); Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as Aaron's Business); and Dent-A-Med, Inc. or DAMI.
Progressive Leasing
Sales at this segment summed $524.4 million in the reported quarter, up 22.4% year over year. Invoice volumes rose 14.1%, owing to 2% improvement in active doors and 11.6% in invoice volumes per active door. As of Dec 31, 2018, this division had 876,000 customers, reflecting 18.4% growth year over year.
The segment's EBITDA was $65.5 million, up 31.2% from the year-ago quarter. Further, EBITDA margin expanded 80 bps to 12.5%.
Aaron's Business
Total sales at the Aaron's Business segment inched up 2.9% to $459.7 million on the back of the buyout of 152 franchised locations in 2018. Same store revenues fell 0.5%, owing to reduced front-up payments stemming from higher promotional activity. However, this is likely to serve as a tailwind to same-store revenue growth in 2019. Also, customer-count fell 5% on a same-store basis.
Non-retail sales tumbled 25.2% on a year-over-year basis. Nonetheless, lease revenues and fees for the three months ended Dec 31, 2018, grew 8.6% from the year-ago quarter. At quarter end, the company-operated Aaron's stores had 1,038,000 customers, reflecting 5.6% year-over-year increase.
Adjusted EBITDA at this division came in at $47.6 million, up 15.1% year over year. Also, adjusted EBITDA margin expanded 110 bps to 10.4%.
DAMI
Sales at the DAMI segment amounted to $9.1 million compared with $9.3 million in the year-ago period.
Financial Position
Aaron's ended the quarter with cash and cash equivalents of $15.3 million, debt of $424.8 million and shareholders' equity of $1,760.7 million.
During the fourth quarter, the company repurchased 1,448,946 shares for $68.7 million, which along with dividend payments led to total shareholder returns of $70.8 million. In 2018, the company bought back 3.75 million shares for $168.7 million. Currently, Aaron's has an authorization to repurchase shares worth another $331.3 million.
During 2018, the company generated cash from operations of $356.5 million. Capital expenditures for 2019 are expected to be $100-$120 million.
Store Update
In the quarter under review, Aaron's purchased 49 franchised stores and consolidated four company-operated stores. Further, it closed four franchised stores and sold two during the same time frame.
As of Dec 31, 2018, the Aaron's Business segment had 1,312 company-operated stores and 377 franchised stores.
Guidance
Management remained pleased with its 2018 show, and is on track with the company's transformation. The company projects total sales for 2019 to be between $3,905 million and $4,065 million. Adjusted EBITDA is anticipated to be $415-$442 million. Further, management expects adjusted earnings of $3.65-$3.85 per share, which lies below the Zacks Consensus Estimate of $3.91.
Total sales at the Aaron's Business segment are projected to be $1,775-$1,855 million. While sales at the Progressive segment are envisioned to be between $2,100 million and $2,175 million, the same at the DAMI segment are expected to be $30-$35 million.
Aaron's Business' adjusted EBITDA is anticipated to be $160-$170 million. EBITDA at the Progressive division is envisioned to be $260-$275 million. For the DAMI segment, adjusted EBITDA is projected to be negative $3-$5 million.
3 Retail Stocks to Bet on
Boot Barn Holdings BOOT , with long-term earnings per share growth rate of 20.7%, carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
DSW Inc. DSW , with long-term earnings per share growth rate of 9%, carries a Zacks Rank #1.
Zumiez ZUMZ , with a Zacks Rank #1, has long-term earnings per share growth rate of 12.5%.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Zumiez Inc. (ZUMZ): Free Stock Analysis Report
DSW Inc. (DSW): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): 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.
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, Inc.AAN released fourth-quarter 2018 results, wherein both the top and the bottom lines lagged the Zacks Consensus Estimate. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Q4 Highlights Aaron's delivered adjusted earnings of $1.02 per share, which missed the Zacks Consensus Estimate by a penny but increased almost 57% from the prior-year quarter's figure.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN released fourth-quarter 2018 results, wherein both the top and the bottom lines lagged the Zacks Consensus Estimate. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Including one-time items, the company reported GAAP earnings per share of 89 cents, down from $2.46 in the year-ago quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN released fourth-quarter 2018 results, wherein both the top and the bottom lines lagged the Zacks Consensus Estimate. Consolidated revenues totaled $993.2 million, which advanced 12.3% year over year but fell short of the Zacks Consensus Estimate of $996 million.
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Aaron's, Inc.AAN released fourth-quarter 2018 results, wherein both the top and the bottom lines lagged the Zacks Consensus Estimate. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report DSW Inc. (DSW): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Revenue growth was backed by increase in Progressive revenues and the inclusion of 152 franchised stores acquired by the Aaron's Business segment.
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2f46be15-ea09-4e0f-ab3a-56bdc8e3bf38
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9008.0
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2019-02-14 00:00:00 UTC
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Is Aaron's (AAN) a Suitable Stock for Value Investors Now?
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AAN
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https://www.nasdaq.com/articles/is-aarons-aan-a-suitable-stock-for-value-investors-now-2019-02-14
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nan
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nan
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Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar o f earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Aaron's has a trailing twelve months PE ratio of 16.9, as you can see in the chart below:
This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 stands at about 17.1. If we focus on the long-term PE trend, Aaron's current PE level puts it slightly above its midpoint over the past five years.
Further, the stock's PE also compares favorably with the sector's trailing twelve months PE ratio, which stands at 26.6. At the very least, this indicates that the stock is relatively undervalued right now, compared to its peers.
We should also point out that Aaron's has a forward PE ratio (price relative to this year's earnings) of just 13.0, so it is fair to say that a slightly more value-oriented path may be ahead for Aaron's stock in the near term too.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Aaron's has a P/S ratio of about 1.0. This is lower than the S&P 500 average, which comes in at 3.4 right now. As we can see in the chart below, this is slightly below the highs for this stock in particular over the past few years.
AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales.
Broad Value Outlook
In aggregate, Aaron's currently has a Zacks Value Style Score of A, putting it into the top 20% of all stocks we cover from this look. This makes Aaron's a solid choice for value investors, and some of its other key metrics make this pretty clear too.
For example, its P/CF ratio (another great indicator of value) comes in at 2.1, which is better than the industry average of 3.4. Clearly, AAN is a solid choice on the value front from multiple angles.
What About the Stock Overall?
Though Aaron's might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of C and a Momentum score of C. This gives AAN a Zacks VGM score-or its overarching fundamental grade-of A. (You can read more about the Zacks Style Scores here >> )
Meanwhile, the company's recen t earnings estimates have been mixed at best. The current quarter has not seen any estimate revisions in the past sixty days, while the full year estimate has seen one upward and zero downward revisions in the same time period.
As a result, the current quarter as well as the full year consensus estimate has remained stable over the past two months. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
Despite this somewhat mixed trend, the stock has a Zacks Rank #2 (Buy) on the back of its strong value metrics and this is why we are expecting outperformance from the company in the near-term.
Bottom Line
Aaron's is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. With a formidable industry rank (among the Top 25%) and strong Zacks Rank, Aaron's looks like a strong value contender. In fact, over the past two years, the industry has clearly outperformed the broader market, as you can see below:
However, given the mixed trend in earnings estimate revisions, value investors might want to wait for estimates and analyst sentiment to turn around in this name first, but once that happens, this stock could be a compelling pick.
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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See This Ticker Free >>
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Aaron's, 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.
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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AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. In particular, it is worth noting that the company has a Growth grade of C and a Momentum score of C. This gives AAN a Zacks VGM score-or its overarching fundamental grade-of A. Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. Clearly, AAN is a solid choice on the value front from multiple angles.
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bd2af95f-3b0b-44e6-8ba3-5e1a81de3014
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9009.0
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2019-02-14 00:00:00 UTC
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Aaron's (AAN) Q4 Earnings and Revenues Lag Estimates
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AAN
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https://www.nasdaq.com/articles/aarons-aan-q4-earnings-and-revenues-lag-estimates-2019-02-14
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nan
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nan
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Aaron's (AAN) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -0.97%. A quarter ago, it was expected that this rent-to-own company would pos t earnings of $0.75 per share when it actually produced earnings of $0.69, delivering a surprise of -8%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Aaron's, which belongs to the Zacks Retail - Consumer Electronics industry, posted revenues of $993.18 million for the quarter ended December 2018, missing the Zacks Consensus Estimate by 0.32%. This compares to year-ago revenues of $884.63 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 19.9% since the beginning of the year versus the S&P 500's gain of 9.8%.
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 o f earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Aaron's was 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 $0.91 on $1.03 billion in revenues for the coming quarter and $3.91 on $4.11 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, Retail - Consumer Electronics is currently in the top 27% 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.
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
Aaron's, 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.
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) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.03 per share. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. 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.
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Aaron's (AAN) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.03 per share. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, which belongs to the Zacks Retail - Consumer Electronics industry, posted revenues of $993.18 million for the quarter ended December 2018, missing the Zacks Consensus Estimate by 0.32%.
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Aaron's (AAN) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.03 per share. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, which belongs to the Zacks Retail - Consumer Electronics industry, posted revenues of $993.18 million for the quarter ended December 2018, missing the Zacks Consensus Estimate by 0.32%.
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Aaron's (AAN) came out with quarterly earnings of $1.02 per share, missing the Zacks Consensus Estimate of $1.03 per share. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. 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?
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d2c7ae6b-051c-4be2-ad94-3fd9ff921d48
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9010.0
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2019-02-14 00:00:00 UTC
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Is Aaron's (AAN) a Great Value Stock Right Now?
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AAN
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https://www.nasdaq.com/articles/is-aarons-aan-a-great-value-stock-right-now-2019-02-14
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nan
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nan
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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 use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
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 an A grade for Value.
We should also highlight that AAN has a P/B ratio of 1.98. The P/B is a method of comparing a stock's market value to its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.20. Within the past 52 weeks, AAN's P/B has been as high as 2.20 and as low as 1.54, with a median of 1.84.
Finally, investors should note that AAN has a P/CF ratio of 1.73. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. AAN's P/CF compares to its industry's average P/CF of 6.36. Within the past 12 months, AAN's P/CF has been as high as 1.99 and as low as 1.34, with a median of 1.67.
These are just a handful of the figures considered in Aaron's'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 is an impressive value stock 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
Aaron's, 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.
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 company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. We should also highlight that AAN has a P/B ratio of 1.98.
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Click to get this free report Aaron's, Inc. (AAN): 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 an A grade for Value.
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Click to get this free report Aaron's, Inc. (AAN): 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 an A grade for Value.
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One company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. We should also highlight that AAN has a P/B ratio of 1.98.
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5f9924dc-3936-4aac-bad1-29da520da5a2
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9011.0
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2019-02-14 00:00:00 UTC
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Aaron's (AAN) Q4 2018 Earnings Conference Call Transcript
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AAN
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https://www.nasdaq.com/articles/aarons-aan-q4-2018-earnings-conference-call-transcript-2019-02-14
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nan
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nan
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Aaron's (NYSE: AAN)
Q4 2018 Earnings Conference Call
Feb. 14, 2019 8:30 a.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Good morning. My name is Kerry, and I will be your conference coordinator. At this time, I would like to welcome everyone to Aaron's, Inc. fourth-quarter 2018 earnings conference call .
[Operator instructions]. After the speaker's remarks, there will be a question-and-answer session. Please note this event is being recorded. I would now like to turn the call over to Mr.
Michael Dickerson, vice president of investor relations for Aaron's Inc. You may begin your conference.
Michael Dickerson -- Vice President of Investor Relations
Thank you, and good morning, everyone. Welcome to the Aaron's, Inc. fourth-quarter 2018 earnings conference call. Joining me this morning are John Robinson, Aaron's, Inc.
president and chief executive officer; Ryan Woodley, chief executive officer of progressive leasing; Douglas Lindsay, president of the Aaron's Business; and Steve Michaels, Aaron's, Inc. chief financial officer and president of strategic operations. Many of you have already seen a copy of our Earnings Release issued this morning. For those of you who have not, it is available on the Investor Relations section of our website at aarons.com.
Please make sure you've selected a ticker.
During this call, certain statements we make will be forward-looking. I want to call your attention to our Safe Harbor provision for forward-looking statements that can be found at the end of our earnings release. The Safe Harbor provision identifies risks that may cause the actual results to differ materially from the content of our forward-looking statements. Also, please see our Form 10-K for the year ended December 31, 2018 and subsequent filings with the SEC for a description of the risks related to our business that may cause actual results to differ materially from our forward-looking statements.
Listeners are cautioned not to place undue emphasis on forward-looking statements, and we undertake no obligation to update any such statements. On today's call, we will be referring to certain non-GAAP financial measure including EBITDA and adjusted EBITDA, non-GAAP ne t earnings , and non-GAAP EPS, which have been adjusted for certain items which may affect the comparability of our performance with other companies. These non-GAAP measures are detailed in the reconciliation tables included with our earnings release. The company believes these non-GAAP financial measures provide meaningful insight into the company's operational performance and cash flows and provides these measures to help investors facilitate comparisons of operating results with prior periods, and to assist them in understanding the company's ongoing operational performance.
With that, I would like to turn the call over to John Robinson.
John Robinson -- President and Chief Executive Officer
Thanks, Mike. Thank you all for joining us today. Continued revenue and earnings growth in the fourth quarter capped off a strong year. Despite many challenges, our team delivered on the outlook we provided in early 2018.
I want to thank the associates across all of our businesses for the leadership, hard work, and resilience they demonstrated to help the company achieve that accomplishment. Ryan and Douglas will discuss the fourth-quarter results for each of their businesses in more detail. But before that, I want to share with you how we're thinking about the direction of the company, about where we've been, and where we are going. Over the last several years, Progressive has performed incredibly well.
Progressive's revenue has doubled from $1 billion in 2015 to $2 billion in 2018, while maintaining consistently strong profitability. Along the way, the team has broadened our retail partner network, invested in infrastructure, product and compliance, and developed an exciting pipeline of potential new retail partners. I'm incredibly proud of Ryan Woodley and the Progressive team, not only for their results, but also for how they deliver their results. The most exciting part for me is that there is still tremendous unserved market opportunity, and I believe Progressive is well-positioned to continue to profitably grow. The Aaron's business has also made significant progress over the past few years on transformational initiatives that we believe will help the business get back to sustainable growth.
We've invested in initiatives to improve the customer experience, streamline our operating model, and improve compliance. We now have an e-commerce platform that has grown meaningfully over the last few years and it's attracting new and younger customers to Aaron's. We invested in analytics to better inform us on merchandising and marketing decisions, which has resulted in higher average tickets and improved lease margins. We've been piloting new store concepts that thus far are generating substantial lift in store level traffic and revenue.
The results we have seen in our business transformation initiatives give us the confidence to continue making strategic investments in the Aaron's business. The investments we intend to make will be centered around improving our customer experience, operating efficiencies, compliance, and employee engagement. We expect these investments will put the Aaron's business on a path to sustainable long-term growth in revenue and earnings. I would like to think that Aaron's business team led by Douglas Lindsay, The balancing act between maintaining near-term profitability and transforming the business to a new more attractive omni channel operating model is complex and difficult. It takes strong leadership and a committed team to execute on both.
I'm very proud of the team, and I'm optimistic about the businesses prospects as we continue to innovate it. Our strong earnings and cash flow over the past few years have provided the resources and flexibility to make capital allocation decisions that benefit shareholders both in the short and long term. In 2018, we were able to make significant investments in all of our businesses, acquire franchised stores across a number of attractive markets, return $175 million to shareholders through dividends and buybacks, and maintain a leverage ratio of about one turn. Our strong balance sheet is a competitive advantage for us.
We expect it will provide Progressive the financial capacity to scale with potential pipeline partners, give us the flexibility to continue to innovate the Aaron's business, and explore strategic development opportunities. Overall, I'm very pleased with the company's performance in 2018 and excited about the opportunities that lie ahead in 2019 and beyond. I will now turn the call over to Ryan to discuss Progressive's Q4 results and 2019 outlook.
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
Thanks, John. I'm pleased with the results the Progressive team delivered in the quarter and for all of 2018. We're driving rapid growth while making significant investments in technology and infrastructure to position ourselves to convert and scale our large pipeline of retail partners. Total revenues rose 22.4% in the quarter as compared to the fourth quarter of 2017 to a record $524 million.
EBITDA increased by 31.2% as compared to the same period last year, driven primarily by gross margin improvement and operating expense leverage. The strong revenue performance was driven by a 14.1% increase in invoice volume in the quarter, resulting from an 11.6% increase in invoice for active door and a 2.2% increase in the number of active doors. In terms of notable changes to the door count from prior period, the number of active doors in our mattress vertical was down several hundred locations, due in part to store consolidations occurring in the industry. We expect some additional reductions to our matches door count the first quarter of 2019 due to the timing of closures during the fourth quarter. In spite of these reductions in door count, we experienced invoice growth and our matches vertical during the quarter and the year.
We are now comping strong new door additions from the second half of 2017 and are pleased with the increasing contribution from these new partner locations. We've worked diligently to continuously improve the playbook for optimizing performance across new and existing doors by, among other strategies, focusing on the alignment of partner teams with program goals and using advanced door level performance tools and analytics. In addition to optimizing performance among productive doors, we're continuously identifying and evaluating underperforming doors and we're moving locations from our platform more necessary. We believe the net effect of these optimization efforts is evidenced by the strong increase in productivity among our active locations.
EBITDA was 12.5% of revenues versus 11.7% in the year-ago period, an increase of 80 basis points. We generated leverage in operating expenses despite making plan investments ahead of expected future revenue growth. Write-offs were 5.1% of revenues in the fourth quarter of 2018, down from the 5.4% reported in the year-ago period. Bad debt expense was 12.8% of revenues in the fourth quarter of 2018, compared to 12.1% in the fourth quarter of last year. Our full-year bad debt expense for 2018 was 11.4%, well within the 10% to 12% target range we've previously communicated.
With the change in lease accounting, Progressive bad debt expense will no longer be reported in operating expenses, but will instead be reported as a contra revenue account. Given that the net effect of this accounting change is a reduction in reported revenues, we are revising slightly our write off target range to 6% to 8% of revenues from 5% to 7% of revenues on roughly the same expected lease group performance. As we look to our growth plan for 2019 and beyond, we expect to continue to benefit from a strong pipeline of potential new retail partners across a variety of industry verticals. Consistent with past practice, our outlook for 2019 includes anticipated growth from our existing book of retail partners, as well as the expected conversion of a portion of our retail partner pipeline where we have near-term visibility.
In keeping with that approach, this year, our outlook includes the rollout of one of the national partners with whom we have been piloting. Our modelling of the impact from this opportunity considers the fact that rollouts require time to mature, as new partners and their locations become increasingly familiar with the program and fully integrate it into their marketing and selling activities. Virtually all our large partners have exhibited this trend of increasing productivity over time, as is evident in the strong rates of growth we continue to see across many of our largest accounts, some of whom have been with us for several years. Again, I'm proud of the team's performance in the quarter and the highly productive relationships we forged with our retail partners. The majority of the $20 billion plus virtual lease to own market remains unserved.
And we believe our investments in people and technology position as well to continue to grow existing partnerships, as well as attract, convert, and profitably scale new retail partner opportunities. I will now turn the call over to Douglas to discuss the Aaron's business segments Q4 results and 2019 outlook
Douglas Lindsay -- President of Aaron's Business
Thanks, Ryan. I'm proud of our teams and encouraged by the momentum we're seeing in the Aaron's Business. We experienced the best holiday selling season in the last three years, both online and in our stores and finished the fourth quarter with a fourth consecutive quarterly increase in recurring revenue written into the portfolio and the eighth consecutive quarter with an improvement in lease margin. Our investments in people and technology are paying off.
And we believe they're enabling us to move faster on margin enhancing opportunities and also improved the customer experience. Same-store revenues in the quarter were negative 0.5%, an improvement of 490 basis points from the prior-year quarter but slightly below our previous guidance. In the fourth quarter, we employed more low first payment promotions, which we believe will benefit same-store revenue in future periods but resulted in lower than expected revenue in the fourth quarter. Total revenues in the Aaron's Business increased 2.9% as compared to the fourth quarter of 2017.
Lease revenues increased 8.6% as compared to the same quarter last year, primarily driven by the franchise stores acquired throughout 2018. Lease revenues also benefited from investments in our aarons.com platform, which grew 50% in revenue written into the portfolio in the fourth quarter as compared to the same quarter last year. Aarons.com is a key pillar of our omnichannel retail strategy and is attracting a younger, higher ticket customer, who prefers a mobile shopping experience. We expect that aarons.com will continue to grow in our existing infrastructure of fulfillment centers, stores and last mile delivery.
As a competitive advantage, this should enable us to continue to scale our e-commerce business profitably. Adjusted EBITDA increased 15.1% and was 10.4% of revenues versus 9.3% the year-ago quarter, an increase of 110 basis points. Adjusted EBITDA growth demonstrated from an increase in lease margin partially offset by higher write-offs and investments related to our business transformation initiatives, including investments in people and technology. Write-offs were 5.1% of revenue versus 4.2% in the same period last year.
Contributing to the increase in write-offs was an increase in the number and type of promotional offerings, higher ticket leases written into the portfolio and an increasing mix of e-commerce as a percent of revenue. While e-commerce leases charge off at a higher rate, we remain pleased with the profitability of the channel. Given the number of new customers generated in this channel, we believe profits generated by e-commerce are largely incremental. I remain encouraged by the underlying trends in our business in 2018 as well as our performance in the fourth quarter and our momentum going into 2019.
As we look to 2019, I also want to take a moment to provide you with visibility into the Aaron's Business transformation initiatives. These initiatives continue to be served around improving the customer experience, driving demand and lowering our cost to serve. Many of our test-and-learn pilots from 2018 have proven successful and are ready for further scaling and rollout in 2019. The first of these initiatives is a rapid customer onboarding and decisioning test, which has been very successful.
This new process allows us to digitally onboard our customer through a totally paperless experience that results in better data capture and a significantly faster sales process. The customers and associate feedback have been very positive. And we expect to immediately begin the rollout, which should be completed in all company-owned stores by the end of 2019. Next, the centralization of certain collection activities is moving forward as well.
Testing is being significantly expanded based on promising early results, both in collections productivity and in in-store sales lift. Pending the successful outcome of our expanded testing, we expect to begin rolling out this initiative to additional stores in the second half of 2019 and end of 2020. In addition, we've tested a couple of different versions of our next-generation store concept in the greater San Antonio market in 2018, and we're experiencing meaningful delivery in revenue lift. The new concept includes a more modern look and feel inside and out, a static retail showroom of new product with a separate pre-lease area, expanded store hours, digital customer onboarding and a new sales focus to operating model.
As you know, we operate stores across a variety of markets, from large metro areas to small rural markets. We don't think there's a one-size-fits-all solution, but we believe components of our new-store concept will be relevant in all of our markets. In 2019, we plan to expand the next-generation concept to 40 to 50 locations, which will be a combination of renovating existing stores and repositioning to new, more attractive store locations. We expect these stores will create a drag on earnings growth in the short term due to the initial investment costs and ramp-up periods, but we believe they'll have an attractive return on invested capital for the long run.
We will continue to evaluate results from our business transformation initiatives, and we're taking a measured approach to these investments. We've included incremental operating expenses of approximately $15 million in our 2019 outlook for these and other marketing and demand-generating initiatives. Before I hand it over to Steve, you may have also seen that during our 2018 holiday season, we expanded our store hours to include opening on Sunday from noon to 5 p.m. Early indications that greater numbers of new customers are transacting in our stores on Sunday.
And the revenue lift from these store sets where we have adopted Sunday hours have been meaningful. We expect nearly all of our company-owned stores to be open on Sunday in 2019 and both the expected lift in sales and the related costs are included in our outlook. I'm excited about our progress in 2018 and the prospects for advancing our business transformation in 2019. I'll now turn the call over to Steve.
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Thanks, Douglas. Now I'll turn to some financial highlights for the quarter. On a consolidated basis, revenues for the fourth quarter of 2018 were $993.2 million, an increase of 12.3% over the same period a year ago. Adjusted EBITDA for the company was $112.7 million for the fourth quarter of this year, compared to $89.9 million for the same period last year, an increase of $22.8 million or 25.3%.
Diluted EPS on a non-GAAP basis for the quarter increased 57% to $1.02 in 2018 versus $0.65 in 2017. As you have seen from the earnings release, operating expenses increased approximately 13% or $49 million versus the year-ago quarter. About 40% of the increase is due to the addition of acquired franchise locations throughout the year. Another one-third of the increase was driven by the year-over-year increase in bad debt expense and write-offs at Progressive, in line with expectations and with their significant revenue growth.
The balance of the increase is spread across investments in both our businesses, including marketing, personnel and intangible amortization expenses as well as legal fees resulting from our responses to the previously disclosed FTC CIDs. Cash generated from operating activities was $356 million for the full year of 2018, compared with $159 million for the full year of 2017. The improvement was driven primarily by a $162 million change in cash taxes paid between the two periods. On October 23, 2018, the company amended its revolving credit facility and term loan agreement to increase its term loan by $137.5 million to $225 million.
The company also amended its franchise loan facility to reduce the total commitment amount from $85 million to $55 million and extend the maturity to October 22, 2019. During the fourth quarter of 2018, we acquired 49 franchise stores for approximately $48.8 million. We used cash on hand and availability under our revolver to fund the acquisitions. During the fourth quarter, the company purchased approximately 1.45 million shares of common stock for $68.7 million.
For the full year, the company purchased approximately 3.75 million shares of common stock for $168.7 million at an average price of approximately $45 per share. As of the end of the fourth quarter, the company has approximately $331 million remaining under its share repurchase authorization. We remain conservatively capitalized following the acquisitions and share buybacks and ended the fourth quarter with available liquidity of $388 million and a net debt-to-adjusted EBITDA ratio of just over one turn. Lastly, you will see in the 10-K we expect to file later today that in January 2019 the company initiated a restructuring program to further align its company-operated Aaron's store-based portfolio with marketplace demand.
Because of management's strategic review of the existing store portfolio, the company is closing approximately 85 under-performing company-operated Aaron's stores during the first quarter. The company currently expects to incur between $12 million and $15 million of restructuring charges, which will all be incurred within the Aaron's Business segment. The restructuring charges will primarily consist of impairment charges associated with the closed stores. Now let's turn to our outlook for 2019.
On a consolidated basis, we expect revenues for 2019 to be between $3.9 billion and $4.06 billion, an increase of approximately 8% to 13% compared to 2018. For purposes of these growth rates, we have assumed that Progressive bad debt expense is reported as contra revenue rather than a component of operating expenses for all periods presented. Non-GAAP earnings per share is expected to grow between 9% and 15% to $3.65 to $3.85. This assumes an effective tax rate of approximately 23.5% and a diluted share count of 68.7 million shares.
For 2019, on a consolidated basis, we expect to invest approximately $100 million to $120 million in CAPEX. We expect that $50 million to $60 million will be for ongoing normal course capital expenditures for our business. So let's discuss the incremental spending from that baseline. The increase is primarily in three areas.
First, due to the change in lease accounting, we reevaluated our vehicle acquisition strategy and plan to purchase trucks in the Aaron's Business instead of leasing them going forward. The incremental capital expenditures for trucks should be approximately $15 million for 2019. Another $15 million relates to both hardware and software to complete the rollout of rapid customer onboarding, centralized decisioning and other IT-required support for our Aaron's Business. Finally, you heard Douglas talk about the success of the new store concept that we have tested over the last year.
The improvements we have seen include an increase in deliveries in excess of 30%. Given these results, we are quickly, but in a disciplined way, expanding our tests to some additional markets and increasing our sample set by 40 to 50 locations during 2019. We expect to spend approximately $30 million for these real estate-related improvements. We believe it is prudent to take this additional step to confirm our findings before we decide about a possible broader rollout.
As Douglas mentioned, we do not expect these new store concept and related capital expenditures to apply throughout our entire system. Offsetting these internally focused investments, we expect to scale back the pace of our franchise acquisitions compared to the last couple of years. We do not have any material franchise acquisitions planned at this time. However, we would certainly evaluate the right opportunity where it do present itself.
Let's talk about seasonality. We expect Progressive EBITDA to grow throughout the year, while we anticipate that Aaron's Business EBITDA will be front-end loaded due primarily to the impact of significant investments in business transformation initiatives and real estate costs associated with the further rollout of our new store concepts, both of which will ramp throughout the year and have the biggest impact in the second half of 2019. On a consolidated basis, we expect revenues, adjusted EBITDA and non-GAAP EPS to be slightly higher in the second half of 2019 versus the first half and expect the fourth quarter to be the peak revenue and earnings quarter of the year. With that, I will turn it over to John for his final comments.
John Robinson -- President and Chief Executive Officer
Thanks, Steve. We are pleased with the ongoing improvements in our business and look forward to another strong year in 2019. Progressive continues to generate outstanding results and the Aaron's Business is beginning to experience the fruit of its business transformation efforts. I would like to thank our associates, retail partners and franchisees for their dedication to our mission and providing high-quality products to credit-challenged and underserved customers.
Our success is a direct result of your commitment to providing the best experience for our customers every day. Thank you, very much. That concludes our prepared remarks. I'll now turn the call over to the operator for Q&A.
Questions and Answers:
Operator
[Operator instructions] The first question will come from Brad Thomas of KeyBanc Capital Markets.
Brad Thomas -- KeyBanc Capital Markets -- Analyst
I wanted to ask a question on Progressive and one on Aaron's, if I could. First, I guess, lying on the Progressive side, could you give us a little more color on the pipeline, the scheduled rollouts here for this year? What's baked into your guidance from -- in terms of new accounts versus existing partners? And at a high level, how you're thinking about that affecting the profitability of Progressive?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Sure. Happy to. Thanks, Brad. As you might have taken from the comments, we're excited about the pipeline.
It continues to be comprised of both regional and national accounts and I think the team is doing a great job of surfacing the opportunities and as well as working the existing opportunities through the pipe. We did mention in the prepared remarks about one of the rollouts is occurring. We're not commenting on the specifics of that program, but as I mentioned in the remarks, it's a partner who we've been piloting with for some time and have also obviously enjoyed a successful pilot and excited about the prospect of the program progressing to a rollout. There's obviously still a lot of work to do, but we're excited about the potential of program for us and our partner.
Generally, we remain very bullish about where the pipeline is today.
John Robinson -- President and Chief Executive Officer
Brad, this is John. I would add to that. I mean, in terms of our outlook, we're -- we do try to include pipeline in that and we've done that historically and we're doing that again. But we have to -- we kind of keep it to what we think there's a lot of near-term visibility on it and there's a lot of conservatives that we have to take into account in any of that because the schedule of rollout with the national partnering with regional accounts is uncertain.
And so there's always a portion of that in there. There's uncertainty in that as well. So we've been consistent in that approach from the prior years and in this year again.
Brad Thomas -- KeyBanc Capital Markets -- Analyst
Got you. And then in terms of how you're thinking about margins for Progressive as you scale up with some of these national accounts, are you still having to heavily invest ahead of that? Or do you think the flow-through can be pretty good this year?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
There is definitely investment ahead of that. I think we've been pretty vocal about our [Inaudible] store investing ahead of expected future revenue growth pretty consistently now for several quarters. And I think that remains how we think about the business certainly in the case with this opportunity and others that remain in the pipeline. And you can think about that in a number of ways.
But at the end of the day, there's a technology investment in preparing solutions that we think are best suited to that retailers' selling environment as well as sales and support investment in building out the team to support that account and help ensure the success of the rollout. And we've done both of those. We continue to do both of those and that kind of buttresses our belief and how we think these pilots and programs will rollout and expand over time.
Brad Thomas -- KeyBanc Capital Markets -- Analyst
OK. And Douglas, could you just talk a little bit about the same-store sales performance in the quarter. I mean, I think, the good news is that these last two quarters have been some of the best in years. But obviously, we did take a little bit of a step back in the trend here in 4Q, what is it that slowed down a little bit?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Sure. I mean, first of all, we're happy with the 490 basis point increase year over year. Sequentially, they did dip down a little bit and we're below where we're originally guiding. Biggest driver of that is we got into -- particularly late in the fourth quarter into our holiday season and decided to really double down on a lot of our promotional offerings as you've probably seen.
Many of our promotional offerings are low first dollar delivers, and we did more of those and so by nature of doing that we got lower first payments, which adversely impacts revenue in the quarter but helps us build our business long term. So we had a really successful fourth quarter in terms of revenue written into the portfolio, and we'll see the benefit of that in 2019 but it calls the quarter to be down below where we had initially estimated. The other thing that happened during the quarter is we had higher charge-offs as we talked about and those adversely impact the portfolio as well. So the combination of both of those things.
But we're really happy about our outlook for 2019, and we think that the deals that we drove in the fourth quarter were all of our positive comp outlook in '19, and we think that's net-net a real benefit to the business.
Brad Thomas -- KeyBanc Capital Markets -- Analyst
And Douglas, as you think about sort of 1Q, 2Q, it's been unusual backdrop with having a government shutdown, tax refunds potentially delayed a little bit out of the gate, but then hopefully a good refund season. How are you thinking about those puts and takes impacting trends?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Yes. I mean, generally, we've got a portfolio of business that's, as I said, healthy rolling in 2019, we'll continue to see the benefit of ticket -- higher ticket that we rolled into the portfolio last year. And we're working on the demand environment side of things. So -- and I'm not going to prognosticate on what's going to happen during tax season or anything else, but we continue sort of run with same pace we've been running and enjoying sort of the benefits of building the portfolio into '19.
Operator
The next question will come from Anthony Chukumba of Loop Capital markets. I'm sorry, our next question will now come from John Baugh of Stifel.
John Baugh -- Stifel Financial Corp. -- Analyst
I was curious on the core side that obviously the comps were a little disappointing and you had to promote, I guess, from a very high level, and it sounds like these tests are working and you're going to expand these store concepts to see how that flows. And obviously that has some kind of an earnings drag. So my question is simply, as we look at the core business and we look at '19 earnings, if we were able to extract the incremental investments in real estate or other areas, are we kind of budgeting flat performance there? Or how are you thinking about that, John or Douglas, strategically, going forward, given the difficulty to get traction in that side of the business?
John Robinson -- President and Chief Executive Officer
John, it's John Robinson. Thanks for the question. It's a good question. And I mentioned in my prepared remarks, it's definitely a balancing act that Douglas and the team are managing.
And that they've done a great job for the last few years really doing -- and managing between profitability in the short term and innovating the business for the long term. And that's just where we are with the business right now. We are very optimistic about the results we've seen from the tests that have been running and they've been really been running over the last couple of years. And it's kind of all culminated into some new store concepts that we're testing in Texas and it had very good results.
What we're going to do is take -- and what we have been doing and we'll continue to do is take a measured approach to that investment and the drag that it creates on earnings as we move forward. We're really optimistic about some of the results. We're going to expand the test of the -- we have been running. We've got kind of a four, five store tests that we've been running.
We're going to expand that to more stores this year. And our outlook takes into account that. Obviously without that, we'd had higher near-term profitability and it probably be materially higher in 2019, but we have a long-term perspective on the business. We really like the prospects of it longer term and are really encouraged by our ability to innovate into a really attractive model.
But it's a process and we're in that process right now. E-commerce is another great example of where we've had great results and we're going to continue expand, it's up 50% on a revenue-written basis during the year. So a lot of optimism but we're trying to be very measured and balanced about it. And have provided what we think is our best estimate of our combination of maintaining profitability and investment for 2019 in our current outlook.
John Baugh -- Stifel Financial Corp. -- Analyst
And John, obviously, to follow-up on that e-commerce, you -- clearly still growing. Is there a way to isolate what your charge-offs are on that business versus, say, the promotions you just ran, which if I'm not mistaken in your press release you alluded that, that was the driver of the increase? Are you able to limit broad basically on the e-commerce? And what has your charge-off experience been on that side of the growth for the quarter?
Douglas Lindsay -- President of Aaron's Business
Yes, John, it's Douglas. So e-commerce is now roughly 10% of the revenue we write-in to the portfolio and a bigger and growing piece of our overall revenue. So we incurred slightly higher losses on e-commerce. But we have great visibility into those pools and monitor those curves all the time.
So we're constantly taking action to try to reduce those, but also take the appropriate amount of risk. We incur a much larger percentage of new customers in e-com than we do in the storefront business. And so new customers typically charge-off at a much higher rate and all of the product that's on e-commerce is new products that has a higher book value. But even accounting for all of that, we're really happy with the margins we're seeing in e-com.
They're higher dollar margins and they're higher ticket deals. So -- and they're largely incremental. There's really low overlap between our e-com business and our store business. We expect that may evolve over time as we take a more omnichannel approach to our customers.
But right now, really happy with the result.
John Robinson -- President and Chief Executive Officer
And one thing I want to add to that on the e-commerce side, you mentioned fraud, John, which is definitely a consideration that anyone in the e-commerce business has. We do benefit substantially from the knowledge we have from Progressive. So that's one of the synergies of the combination for sure is the knowledge we have been able to port over from Progressive to Aaron's from a decisioning standpoint, which is a considerable advantage for us on the Aaron's side.
John Baugh -- Stifel Financial Corp. -- Analyst
Great. And I apologize I joined late, so if you addressed this, my apologies. Any update on sort of the virtual inventory available in four stores that didn't have the Internet or computer or whatever with Ashley, for example. Is that still something that's driving your business?
Douglas Lindsay -- President of Aaron's Business
John, it's Douglas. So typically, when we refer to an outcome that's expanded out generally, part of the replatforming of our e-com business was allowing us to upload and have direct technical and those sort of relationships or connectivity to our vendors. And so every day we're adding more product on to e-com. I think what you're referring to in-store is our digital showroom or product in our stores and we continue to put that in stores as we renovate them.
You will see in these 40 or 50 new stores we do this year will have expanded isle. I believe, over time, that our e-com side and that functionality in our stores will overlap and we'll just have a different user experience in our stores that will tie end with the same product that we offer online. But we continue to broaden the selection and are happy with progress there, particularly with this new e-com platform we have put in place.
Operator
The next question will come from Bill Chappell of SunTrust.
Bill Chappell -- SunTrust Robinson Humphrey -- Analyst
A little bit, Douglas, first on the stores. What's the expectation, I understand, the fourth-quarter impact on same-store sales, but do you expect them to bounce back with -- as the -- kind of the new promotion start to kick in, where you could see positive same-store sales in first quarter of this year?
Douglas Lindsay -- President of Aaron's Business
Yes, Bill. So we're guiding to full-year guidance on comps, which is zero to 2%. You can look at the trajectory where comps have been. We're not providing quarterly guidance.
I will tell you that we've got momentum coming out of the fourth quarter into the new year. I made comments about Sunday hours as well in my prepared remarks. And almost all of our stores were open on Sunday, the first week in January, and will continue to be. We're seeing good lift there even -- a really strong lift even after the investment in labor.
And so that will further help comps and it is baked into our guidance. So we -- I also mentioned that we -- ticket has been increasing. And we see that continuing into the first quarter -- first half of the year as well as sort of carrying the benefits of the portfolio from 2018, the work that we did on ticket there.
Bill Chappell -- SunTrust Robinson Humphrey -- Analyst
So I'd just not to put words in your mouth but sounds like you're comfortable that comps would still be up this year even without just opening on Sunday, is that fair?
Douglas Lindsay -- President of Aaron's Business
Let me put it this way. Sunday is helping comps. We are looking at the business holistically for all seven days of the week. So we haven't really taken out Sunday to see what the cannibalization is across the business.
We believe that we're still going to ride the wave of ticket but the underlying demand issue with customer traffic is one that we're solving over the course of the year through all these business transformation initiatives. So we're not going to parse out the Sunday versus non-Sunday comp piece.
Bill Chappell -- SunTrust Robinson Humphrey -- Analyst
Got it. And then, Ryan, I might have missed it but the bad debt improved a little bit sequentially or -- in the quarter? Anything to that as we look into 2019 or just kind of the way the mix worked?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
Yes. Write-offs were down in the quarter. End of the year, right in the middle of the range of 5% to 7% that we used under the old accounting. Yes, I'd say, the lease pools are performing in line with expectations, happy with what the portfolio looks like and how we head into '19.
Bill Chappell -- SunTrust Robinson Humphrey -- Analyst
And just -- like a big new rollout of a national vendor, does that help on the write-offs? Or does that usually actually have a negative impact to start with?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
We -- all invoice volume outdoors don't look the same. And part of the work that we've put into decisioning is to make sure that we can manage the portfolio to achieve the target returns that we've given specifically the EBITDA range of 11% to 13%. In spite of that variability and if that's the case with this opportunity to grow the pipeline and that's kind of what we're shooting for is to target those ranges.
Douglas Lindsay -- President of Aaron's Business
And Bill, I'll add to that. The rollouts that we expect in 2019 are in verticals that we have been in for a long time. So these verticals do have predictability around them. And so that gives us comfort in our forecasting and the national rollout that Ryan mentioned as he said is the continuation of a pilot that we have been working on for a while.
So that gives you comfort as well. Not that it's necessarily completely predictable in terms of how the scaled version will look relative to a pilot, but it does give you good insight into forecasting pool performance.
Operator
The next question will come from Anthony Chukumba of Loop Capital Markets.
Anthony Chukumba -- Loop Capital Markets -- Analyst
So just two -- real two quick questions. One just a clarification. So you talked about for 2019 guidance, just said, OK, so Progressive EBITDA you have year-over-year growth throughout the year. But then you said, Aaron's Business is front-end loaded, I wasn't really sure what you meant by that?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Yes, I think we just -- since we give -- this is Steve, since we give annual guidance, we were trying to get a little bit of kind of mapping for the year. The initiatives that we spoke to about the Aaron's Business were kind of ramped throughout the year and have -- and the OPEX that Douglas spoke about as well as the capital will have a more of an impact on the back half of the year. So we just meant to say that from an EBITDA standpoint, the first half will be bigger than the second half. And that's partially influenced by the tax season, which is a normal occurrence in this business.
Anthony Chukumba -- Loop Capital Markets -- Analyst
OK. So the Aaron's Business EBIT -- you have higher Aaron's Business EBITDA dollars in the first half than the second half?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Yes.
Anthony Chukumba -- Loop Capital Markets -- Analyst
Are you saying that the growth -- OK, but you're not saying dollars...
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
No, dollars.
Anthony Chukumba -- Loop Capital Markets -- Analyst
OK, dollars. OK. Got it. OK.
That's helpful. And then, just one question. You talked about the part of the reason that the Aaron's Business comps were a little disappointing was the lower upfront payments. If I recall in this industry generally, lower upfront payments down the line meet larger write-offs and, I guess, I was just wondering how you are sort of thinking about that?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Sure. What we're seeing in write-offs is these lower ticket offers do accelerate write-offs. So we see higher write-offs in the near term and I'd say the first 60 days, we see a spike in write-offs and those were typically higher net book value deals because depreciation hasn't occurred on them. But over time, we see those write-offs normalize and look -- and we believe just the acceleration of those write-offs plus the lifetime value of those deals are just as attractive as non-promotional periods.
But we drive more volume during those promotional periods. So we're happy with the results.
Operator
The next question will come from Kyle Joseph of Jefferies.
Kyle Joseph -- Jefferies -- Analyst
Steve, just a quick one for you. I think I get back into it but it would be helpful if you could give us sort of a -- what the 2018 Progressive revenues were pro forma ASC 842, if you have it off the cuff?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
I actually -- let me look for it, while you have another question, if you have another one.
Kyle Joseph -- Jefferies -- Analyst
Yes. Sure. And then Ryan, just on the write-offs outlook you gave, is that just because of the Progressive accounting that you talked about the write-offs being up 100 basis points?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
It is, Kyle, yes. We have mentioned that we expect roughly similar lease pool performance in 2019. So we're just adjusting the range to reflect the new accounting guidance that we're implementing this year.
Kyle Joseph -- Jefferies -- Analyst
Got it. OK. And then, just on a modeling question related to that going forward under ASC. Are we going to get both the gross and the net revenue numbers from Progressive going forward? Or should we just model for it on a net basis?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Yes. We expect this year there will be color because of the footnotes on the bad debt expense but moving forward, we would expect just to have the net revenue would be what we would be working off on -- in reporting.
Kyle Joseph -- Jefferies -- Analyst
Sure. And then one last one for me for Ryan, if you could talk about the rollout of overstock, how that's going? And kind of give us a sense for how that -- if there's any impact on the metrics that you guys provide there in terms of invoice volume per active door and what not?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
Sure. I recognize there was a press release there. So we'll acknowledge that we have a program there, we're excited about it. We have run a successful pilot and we're pleased to see that expand more fully on the site.
And it's going well. I think it's evolving in line with our expectations. We're continuing to see increasing productivity. I think they've done an excellent job of developing a very simple intuitive flow for customers on the site.
Part of the work that went into that by both ends both overstock team and product team and excited about how it's going. As with other accounts, it continues to be upside as we identified more ways to refine the process, make it easier and better for customers and that's what we're doing with overstock.
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Kyle, this is Steve, to answer your first question. For the year, it was $1.77 billion under the ASC 842 method for '18.
Kyle Joseph -- Jefferies -- Analyst
OK. Perfect. And then one last one for me. Ryan, if you -- you talked about your pipeline, can you give us a sense is that primarily brick and mortar or is it e-commerce? What is their balance?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
So if I was going to attack on to the overstock question, just to point that I expect that's a harbinger of things to come. E-com obviously is a very significant next way of growth for our business. And effectively virtually standing in general as more purchases shift online and that's the fastest growing segment. And I think that's true with us as well.
We've obviously -- not obviously, but we've invested more in our business development resources to target that opportunity. And I think it's beginning to bear fruit and we're excited about what it will contribute long term. Obviously, a big portion of the pipeline remains brick and mortar opportunity. We're a very effective tool in helping our retail partners generate positive comps year over year, both new and existing.
And I think that will continue to attract folks from the brick and mortar channel but the same customer wants to purchase online. New customers in our demographic want to purchase online and we're working hard to help online retailers capture that opportunity as well.
Douglas Lindsay -- President of Aaron's Business
The only thing I would add to that, which, Steve is exactly right, is the fact that through our bricks and mortar relationships, many of them are taking more omnichannel approach to their businesses and Progressive has done an excellent job of making that step with those partners and developing processes to help them do that. So it's not only e-com-only retailers but it's retailers out there who were bricks and mortar traditionally becoming more omnichannel. Progressive is migrating to that format with them.
Operator
The next question will come from Budd Bugatch of Raymond James.
Alessandra Jimenez -- Raymond James -- Analyst
This is Alessandra Jimenez on the line for Budd Bugatch. My first question is in the Aaron's Business. What was the year-over-year performance of the acquired stores that were not in the comp?
Douglas Lindsay -- President of Aaron's Business
Yes. Thanks for asking. Obviously, last year was a big year for acquisitions. We bought some of our biggest franchisees and we're really excited about those acquisitions.
We bought markets that we admire and want to be in long term with our omnichannel strategy. With the process of integrating those transactions, many of them happened in the second half of the year. So it's really hard to opine on performance yet. We're going through the integration process, switching out our teams, making sure we got the right level of staffing, making sure we're setting up the stores under our operating model and we're really optimistic about the markets.
We're not going to speak to any one transaction. All I could say is these -- each of these deals operate at different levels and we inherit them at different levels and we're in the process of integrating them into our system and will report out more on them in the future.
Alessandra Jimenez -- Raymond James -- Analyst
OK. That's helpful. And then you had mentioned that you promoted heavily in 4Q in core and that resulted in a lower first payment. On a comparable store basis, how much did the portfolio contracts and contract value change year over year?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
I'm sorry. I missed the last part of your question.
Alessandra Jimenez -- Raymond James -- Analyst
How much did the portfolio of contract and contract value change year over year?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
Are you talking about the value of the portfolio, how much did they go down?
Alessandra Jimenez -- Raymond James -- Analyst
Yes.
Douglas Lindsay -- President of Aaron's Business
So we reported year over year in the fourth quarter negative $0.25 for comps and that's a proxy for the size of the portfolio. So you want to think about at 0.5% of the degradation in the fourth quarter.
Alessandra Jimenez -- Raymond James -- Analyst
OK. And then for Progressive, on Best Buy's website, it says that leases with Progressive Leasing will not be eligible for my Best Buy or Pay with Points program. How widely available is leasing for Best Buy?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
No comment on any specific retailer. I appreciate the question, Alessandra. We just -- we tend to refrain from commenting on specific retailers.
Operator
The next question will come from Vincent Caintic of Stephens.
Vincent Caintic -- Stephens Inc. -- Analyst
First, on the Aaron's Business side of the aberrance. Just the slight decline in the same-store revenue. So I appreciate that you talked about it being the result of some of the promotional activity and the lower upfront payments. Is there a way to normalize for that so maybe another way to see how the business has performed in the sense of, maybe, if you could give us the number of contracts, maybe, that grew year over year in the fourth quarter of '18 versus '17? Or if you were to, say, normalize away from the lower payments, is there -- would there had been same-store revenue growth?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Yes. There is another way to think about sort of our projected balance of business year over year, which I just said was down 0.5% in the quarter, is to talk about it in its pieces. So our leading indicators are revenue that we write into the portfolio and what we churned out of the portfolio. I think I had mentioned in my initial comments on same-store comps that we did churn out -- we had higher write-offs so we churned more out of portfolio but we had a really strong selling season.
It was our best selling season in three quarters. -- sorry, three years. And so you can take from that, that as we move into 2019, we feel the portfolio is building and that revenue written in to the portfolio, which was very strong in the quarter, will carry into the first quarter of next year. We're not disclosing any specific numbers on both the churn and the revenue written in.
Vincent Caintic -- Stephens Inc. -- Analyst
Got it. OK. On the customer counts on the same-store sale basis just being down 5%. Any color on that? If there was any one-timers or if something's just driving those customer counts lower?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Yes, as you know, we've talked about this in the past. What's been driving our same-store improvement over the last year and 490 basis points over last year is largely ticket. Our underlying customer traffic has been down and we've seen quarters where it's like this. Fourth quarter, we've seen improvement on that.
We drove more customers into our store. But longer term, that is the issue that we're trying to solve for and is our biggest focus internally. I mentioned that we're spending a lot of money this year on business transformation and on demand generation, and we have multiple demand-generation projects as well as -- and those include marketing but also we're investing in the store of the future e-comm and merchandising piece of the business, all of which are addressing this demand part of the business that we're focused on. So demand will be the focus going into 2019 and we think we have a solid plan to address it.
Vincent Caintic -- Stephens Inc. -- Analyst
OK. Got it. Switching over to Progressive side. So appreciate the active doors grew but was impacted by some store closures and I think that Mattress bankruptcy was well-publicized.
But is there a way to normalize against that? So excluding that -- those Mattress closings, what the growth otherwise have been for the rest of your portfolio?
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
I think, we did provide the detail that it was several hundred locations in the prepared remarks on a base of about 20,000 locations. As we said in the past, unfortunately, doors isn't the perfect indicator of how the portfolio is growing and the business is performing with -- and this quarter is a good example of that. We had 14% growth in invoice, 22% growth in revenue, 18.5% growth in the customer base, which are all metrics we're very excited about even on that lower average store growth. But we're very happy with how those doors are continuing to be productive and increasingly productive and excited about where the pipeline sits in into '19.
Vincent Caintic -- Stephens Inc. -- Analyst
Got it. And then just last one from me. So I know there's been a focus on the bad debt expense increasing. Understand the focus on EBITDA margin and I think that's great.
But I think, the concern on bad debt expense is really -- we're kind of where we are in the cycle and if you're seeing anything. So there's a worry that if you're kind of opening up to a certain customer that maybe that exposes you a bit more if we enter the correction or a recession. But if you could give us comfort around that what you're seeing that would be really helpful.
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
Sure. Happy to. Just to recap on bad debt expense. So it was up in the quarter year over year, 12.8% versus 12.1% in the prior year.
But it ended the year 11.4%, which is right near the middle of the range that we provided in the past on the old accounting, it's under 12% of revenues. And I'd say that's reflective of the fact that the lease pools are performing in line with our expectations, kind of in line with the increases, in line with what we had in mind and we talked about the general level increase when we provided the 2018 outlook initially. And then how those pools perform over time, I'd just say a couple of things on that. We've obviously operated the business through previous recessions and have some history of seeing pools play out not only across economic cycles and seasons but also different verticals.
And also say that the unique aspect of the lease that tends to get overlooked in the context of consumer finance more broadly is just the short average lease life. These leases play out and seven months, we have a good bit of visibility into the performance of the leases relatively soon after origination. So you combine the visibility with a short-average lease life and it really puts the -- our ability to manage portfolio in a different place in typical consumer finance business.
Operator
The last question today will come from John Rowan of Janney.
John Rowan -- Janney Montgomery Scott LLC -- Analyst
Just quickly on the expense guidance. I heard three different numbers, just to make sure I understand it. Is it $15 million for transformation, $15 million for restructuring and then $30 million for demand initiatives incremental into 2019?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
John, I think, we're maybe complaining two different issues. We unpacked in my comments the -- some of the CAPEX guidance. So there is $15 million for fleet acquisition, $15 million for capitalized software and other -- and hardware related to some of the initiatives and then $30 million for the build-out -- real estate-related improvements for the 40 to 50 stores that we mentioned. I guess some of that is included in the $15 million of OPEX that Douglas mentioned in his section as well.
So there is certainly an investment burden on the outlook for the Aaron's Business for 2019. But part of it is in capital and part of it is in OPEX.
John Rowan -- Janney Montgomery Scott LLC -- Analyst
OK. And there was -- there's $15 million of restructuring expenses in 1Q, correct?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
$12 million to $15 million is -- yes.
John Rowan -- Janney Montgomery Scott LLC -- Analyst
OK. And just to be clear, you guys aren't seeing any change in early payments activity given the delayed tax refund yet?
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
We don't really have any indications of anything different at this point in either business.
Operator
And this concludes our question-and-answer session. I would now like to turn the conference back over to John Robinson for any closing remarks.
John Robinson -- President and Chief Executive Officer
Thank you for participating in our Q4 earnings call . We appreciate your interest in Aaron's. And we look forward to updating you on our first-quarter 2019 results at the end of April. Thank you.
Operator
[Operator signoff]
Duration: 63 minutes
Call Participants:
Michael Dickerson -- Vice President of Investor Relations
John Robinson -- President and Chief Executive Officer
Ryan Woodley -- Chief Executive Officer of Progressive Leasing
Douglas Lindsay -- President of Aaron's Business
Steve Michaels -- Chief Financial Officer and President of Strategic Operations
Brad Thomas -- KeyBanc Capital Markets -- Analyst
John Baugh -- Stifel Financial Corp. -- Analyst
Bill Chappell -- SunTrust Robinson Humphrey -- Analyst
Anthony Chukumba -- Loop Capital Markets -- Analyst
Kyle Joseph -- Jefferies -- Analyst
Alessandra Jimenez -- Raymond James -- Analyst
Vincent Caintic -- Stephens Inc. -- Analyst
John Rowan -- Janney Montgomery Scott LLC -- Analyst
More AAN analysis
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.
Please make sure you've selected a ticker.
Motley Fool Transcribing 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.
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 (NYSE: AAN) Q4 2018 Earnings Conference Call Feb. 14, 2019 8:30 a.m. Operator [Operator signoff] Duration: 63 minutes Call Participants: Michael Dickerson -- Vice President of Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer of Progressive Leasing Douglas Lindsay -- President of Aaron's Business Steve Michaels -- Chief Financial Officer and President of Strategic Operations Brad Thomas -- KeyBanc Capital Markets -- Analyst John Baugh -- Stifel Financial Corp. -- Analyst Bill Chappell -- SunTrust Robinson Humphrey -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst Alessandra Jimenez -- Raymond James -- Analyst Vincent Caintic -- Stephens Inc. -- Analyst John Rowan -- Janney Montgomery Scott LLC -- Analyst More AAN analysis This article is a transcript of this conference call produced for The Motley Fool. Our modelling of the impact from this opportunity considers the fact that rollouts require time to mature, as new partners and their locations become increasingly familiar with the program and fully integrate it into their marketing and selling activities.
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Operator [Operator signoff] Duration: 63 minutes Call Participants: Michael Dickerson -- Vice President of Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer of Progressive Leasing Douglas Lindsay -- President of Aaron's Business Steve Michaels -- Chief Financial Officer and President of Strategic Operations Brad Thomas -- KeyBanc Capital Markets -- Analyst John Baugh -- Stifel Financial Corp. -- Analyst Bill Chappell -- SunTrust Robinson Humphrey -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst Alessandra Jimenez -- Raymond James -- Analyst Vincent Caintic -- Stephens Inc. -- Analyst John Rowan -- Janney Montgomery Scott LLC -- Analyst More AAN analysis This article is a transcript of this conference call produced for The Motley Fool. Aaron's (NYSE: AAN) Q4 2018 Earnings Conference Call Feb. 14, 2019 8:30 a.m. Joining me this morning are John Robinson, Aaron's, Inc. president and chief executive officer; Ryan Woodley, chief executive officer of progressive leasing; Douglas Lindsay, president of the Aaron's Business; and Steve Michaels, Aaron's, Inc. chief financial officer and president of strategic operations.
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Operator [Operator signoff] Duration: 63 minutes Call Participants: Michael Dickerson -- Vice President of Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer of Progressive Leasing Douglas Lindsay -- President of Aaron's Business Steve Michaels -- Chief Financial Officer and President of Strategic Operations Brad Thomas -- KeyBanc Capital Markets -- Analyst John Baugh -- Stifel Financial Corp. -- Analyst Bill Chappell -- SunTrust Robinson Humphrey -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst Alessandra Jimenez -- Raymond James -- Analyst Vincent Caintic -- Stephens Inc. -- Analyst John Rowan -- Janney Montgomery Scott LLC -- Analyst More AAN analysis This article is a transcript of this conference call produced for The Motley Fool. Aaron's (NYSE: AAN) Q4 2018 Earnings Conference Call Feb. 14, 2019 8:30 a.m. Joining me this morning are John Robinson, Aaron's, Inc. president and chief executive officer; Ryan Woodley, chief executive officer of progressive leasing; Douglas Lindsay, president of the Aaron's Business; and Steve Michaels, Aaron's, Inc. chief financial officer and president of strategic operations.
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Operator [Operator signoff] Duration: 63 minutes Call Participants: Michael Dickerson -- Vice President of Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer of Progressive Leasing Douglas Lindsay -- President of Aaron's Business Steve Michaels -- Chief Financial Officer and President of Strategic Operations Brad Thomas -- KeyBanc Capital Markets -- Analyst John Baugh -- Stifel Financial Corp. -- Analyst Bill Chappell -- SunTrust Robinson Humphrey -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst Alessandra Jimenez -- Raymond James -- Analyst Vincent Caintic -- Stephens Inc. -- Analyst John Rowan -- Janney Montgomery Scott LLC -- Analyst More AAN analysis This article is a transcript of this conference call produced for The Motley Fool. Aaron's (NYSE: AAN) Q4 2018 Earnings Conference Call Feb. 14, 2019 8:30 a.m. The results we have seen in our business transformation initiatives give us the confidence to continue making strategic investments in the Aaron's business.
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9012.0
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2019-02-11 00:00:00 UTC
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Will Solid Progressive Unit Drive Aaron's (AAN) Q4 Earnings?
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AAN
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https://www.nasdaq.com/articles/will-solid-progressive-unit-drive-aarons-aan-q4-earnings-2019-02-11
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Aaron's, Inc.AAN is scheduled to report fourth-quarter 2018 results on Feb 14, before the opening bell.
The company has a mixed record o f earnings surprise history in the last four quarters. Nevertheless, it posted a trailing four-quarter average beat of 2%. Further, the Zacks Consensus Estimate for fourth-quarter earnings is pegged at $1.03, mirroring 58.5% growth year over year. Estimates remained stable over the past 30 days.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
What You Should Know Prior to 4Q18 Release
Aaron's Progressive segment, which covers the virtual lease-to-own business, has been significantly boosting the company's overall results. Robust growth in number of active doors, invoice volume and a solid customer base has been the key strengths for the segment. Additionally, the company's Aaron's Business segment is witnessing notable improvement backed by higher lease revenues and fees. Also, the inclusion of 90 acquired franchised stores has been contributing to the segment's performance.
These factors are likely to continue driving the company's top- and bottom-line performance in the to-be-reported quarter. Notably, the consensus estimate for quarterly revenues is pegged at $966 million, up 9.2% from the year-ago quarter. For the Progressive and Aaron's Business segments, revenue estimates stand at $509 million and $457 million, respectively. These estimates portray a respective growth of 18.8% and 2.3% from the year-ago quarter.
The company anticipates total revenues for 2018 between $3.80 billion and $3.86 billion. Further, earnings per share are envisioned to be in the $3.30-$3.45 range. Notably, this guidance excludes the Progressive segment and franchise acquisition associated with intangible amortization along with future one-time or unusual items. EBITDA is expected to be $382-$395 million.
At the Progressive division, revenues are estimated to be $1.99-$2.02 billion for 2018, significantly up from $1.57 billion recorded last year. Meanwhile, EBITDA is estimated to be $217.5-$222.5 million, up from $187.8 million registered in 2017. While revenues for the Aaron's Business segment are expected between $1.77 billion and $1.80 billion, the DAMI segment revenues are projected to be $35-$40 million.
However, Aaron's has been witnessing lower comparable-store sales (comps) at the company-operated stores since last few quarters. Soft customer count on a same-store basis and waning store traffic are hurting comps. For 2018, management anticipates comps to be between negative 2% to negative 1%, which is also a concern for the company in the fourth quarter.
What the Zacks Model Unveils
Our proven model does not conclusively show that Aaron's is likely to beat estimates this quarter. This is because a stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen. 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 #2, which increases the predictive power of earnings beat. However, the company's Earnings ESP of 0.00% makes surprise prediction difficult.
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:
Chico's FAS, Inc. CHS has an Earnings ESP of +16.67% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Tilly's, Inc. TLYS has an Earnings ESP of +0.33% and a Zacks Rank #2.
PVH Corp. PVH has an Earnings ESP of +1.31% and a Zacks Rank #3.
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Aaron's, Inc. (AAN): Get Free Report
Tilly's, Inc. (TLYS): Free Stock Analysis Report
Chico's FAS, Inc. (CHS): Free Stock Analysis Report
PVH Corp. (PVH): Get Free 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.
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, Inc.AAN is scheduled to report fourth-quarter 2018 results on Feb 14, before the opening bell. Click to get this free report Aaron's, Inc. (AAN): Get Free Report Tilly's, Inc. (TLYS): Free Stock Analysis Report Chico's FAS, Inc. (CHS): Free Stock Analysis Report PVH Corp. (PVH): Get Free Report To read this article on Zacks.com click here. Robust growth in number of active doors, invoice volume and a solid customer base has been the key strengths for the segment.
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Click to get this free report Aaron's, Inc. (AAN): Get Free Report Tilly's, Inc. (TLYS): Free Stock Analysis Report Chico's FAS, Inc. (CHS): Free Stock Analysis Report PVH Corp. (PVH): Get Free Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to report fourth-quarter 2018 results on Feb 14, before the opening bell. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote What You Should Know Prior to 4Q18 Release Aaron's Progressive segment, which covers the virtual lease-to-own business, has been significantly boosting the company's overall results.
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Click to get this free report Aaron's, Inc. (AAN): Get Free Report Tilly's, Inc. (TLYS): Free Stock Analysis Report Chico's FAS, Inc. (CHS): Free Stock Analysis Report PVH Corp. (PVH): Get Free Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to report fourth-quarter 2018 results on Feb 14, before the opening bell. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote What You Should Know Prior to 4Q18 Release Aaron's Progressive segment, which covers the virtual lease-to-own business, has been significantly boosting the company's overall results.
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Click to get this free report Aaron's, Inc. (AAN): Get Free Report Tilly's, Inc. (TLYS): Free Stock Analysis Report Chico's FAS, Inc. (CHS): Free Stock Analysis Report PVH Corp. (PVH): Get Free Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to report fourth-quarter 2018 results on Feb 14, before the opening bell. Notably, the consensus estimate for quarterly revenues is pegged at $966 million, up 9.2% from the year-ago quarter.
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4a87261c-1dc4-4607-aaea-076e5dc6506e
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9013.0
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2019-02-07 00:00:00 UTC
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Aaron's (AAN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
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AAN
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https://www.nasdaq.com/articles/aarons-aan-earnings-expected-to-grow%3A-what-to-know-ahead-of-next-weeks-release-2019-02-07
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Wall Street expects a year-over-year increase in earnings on higher revenues when Aaron's (AAN) reports results for the quarter ended December 2018. 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 February 14. 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 the earnings call , it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus Estimate
This rent-to-own company is expected to pos t quarterly earnings of $1.03 per share in its upcoming report, which represents a year-over-year change of +58.5%.
Revenues are expected to be $965.67 million, up 9.2% from the year-ago quarter.
Estimate Revisions Trend
The consensus EPS estimate for the quarter has been revised 1.71% 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 an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
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 the same as the Zacks Consensus Estimate, suggesting that there are no recent analyst views which differ from what have been considered to derive the consensus estimate. This has resulted in an Earnings ESP of 0%.
On the other hand, the stock currently carries a Zacks Rank of #2.
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 las t report ed quarter, it was expected that Aaron's would pos t earnings of $0.75 per share when it actually produced earnings of $0.69, delivering a surprise of -8%.
Over the last four quarters, the company has beaten consensus EPS estimates two 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.
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
Aaron's, Inc. (AAN): Get Free 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.
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 increase in earnings on higher revenues when Aaron's (AAN) reports results for the quarter ended December 2018. Click to get this free report Aaron's, Inc. (AAN): Get Free 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 increase in earnings on higher revenues when Aaron's (AAN) reports results for the quarter ended December 2018. Click to get this free report Aaron's, Inc. (AAN): Get Free Report To read this article on Zacks.com click here. Price, Consensus and EPS Surprise 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.
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Wall Street expects a year-over-year increase in earnings on higher revenues when Aaron's (AAN) reports results for the quarter ended December 2018. Click to get this free report Aaron's, Inc. (AAN): Get Free Report To read this article on Zacks.com click here. Price, Consensus and EPS Surprise 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.
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Wall Street expects a year-over-year increase in earnings on higher revenues when Aaron's (AAN) reports results for the quarter ended December 2018. Click to get this free report Aaron's, Inc. (AAN): Get Free 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 February 14.
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6ec7a920-6744-468d-8406-0b846b10c56e
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9014.0
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2019-02-07 00:00:00 UTC
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Top Ranked Momentum Stocks to Buy for February 7th
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AAN
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https://www.nasdaq.com/articles/top-ranked-momentum-stocks-to-buy-for-february-7th-2019-02-07
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 7th:
Aaron's, Inc. (AAN): This lease-purchase solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.
Aaron's, Inc. Price and Consensus
Aaron's, Inc. price-consensus-chart | Aaron's, Inc. Quote
Aaron's shares gained 11% over the last one month more than S&P 500's gain of 6.1%. The company possesses a Momentum Score of B.
Aaron's, Inc. Price
Aaron's, Inc. price | Aaron's, Inc. Quote
China Eastern Airlines Corporation Limited (CEA): This air transportation services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
China Eastern Airlines Corporation Ltd. Price and Consensus
China Eastern Airlines Corporation Ltd. price-consensus-chart | China Eastern Airlines Corporation Ltd. Quote
China Eastern Airlines' shares gained 11.6% over the last one month. The company possesses a Momentum Score of A.
China Eastern Airlines Corporation Ltd. Price
China Eastern Airlines Corporation Ltd. price | China Eastern Airlines Corporation Ltd. Quote
Churchill Downs Incorporated (CHDN): This gaming, racing and online entertainment company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.
Churchill Downs, Incorporated Price and Consensus
Churchill Downs, Incorporated price-consensus-chart | Churchill Downs, Incorporated Quote
Churchill Downs' shares gained 9.9% over the last one month. The company possesses a Momentum Score of A.
Churchill Downs, Incorporated Price
Churchill Downs, Incorporated price | Churchill Downs, Incorporated Quote
See the full list of top ranked stocks here
Learn more about the Momentum score and how it is calculated here .
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?
From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 - 2017, they soared far above the market's +126.3%, reaching +181.9%.
This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.
See Stocks 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
Churchill Downs, Incorporated (CHDN): Get Free Report
China Eastern Airlines Corporation Ltd. (CEA): Get Free Report
Aaron's, Inc. (AAN): Get Free 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.
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 three stocks with buy rank and strong momentum characteristics for investors to consider today, February 7th: Aaron's, Inc. (AAN): This lease-purchase solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days. Click to get this free report Churchill Downs, Incorporated (CHDN): Get Free Report China Eastern Airlines Corporation Ltd. (CEA): Get Free Report Aaron's, Inc. (AAN): Get Free Report To read this article on Zacks.com click here. China Eastern Airlines Corporation Ltd. Price China Eastern Airlines Corporation Ltd. price | China Eastern Airlines Corporation Ltd. Quote Churchill Downs Incorporated (CHDN): This gaming, racing and online entertainment company has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days.
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 7th: Aaron's, Inc. (AAN): This lease-purchase solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days. Click to get this free report Churchill Downs, Incorporated (CHDN): Get Free Report China Eastern Airlines Corporation Ltd. (CEA): Get Free Report Aaron's, Inc. (AAN): Get Free Report To read this article on Zacks.com click here. China Eastern Airlines Corporation Ltd. Price and Consensus China Eastern Airlines Corporation Ltd. price-consensus-chart | China Eastern Airlines Corporation Ltd. Quote China Eastern Airlines' shares gained 11.6% over the last one month.
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 7th: Aaron's, Inc. (AAN): This lease-purchase solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days. Click to get this free report Churchill Downs, Incorporated (CHDN): Get Free Report China Eastern Airlines Corporation Ltd. (CEA): Get Free Report Aaron's, Inc. (AAN): Get Free Report To read this article on Zacks.com click here. The company possesses a Momentum Score of B. Aaron's, Inc. Price Aaron's, Inc. price | Aaron's, Inc. Quote China Eastern Airlines Corporation Limited (CEA): This air transportation services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
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Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 7th: Aaron's, Inc. (AAN): This lease-purchase solutions provider has a Zacks Rank #2 (Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing 0.3% over the last 60 days. Click to get this free report Churchill Downs, Incorporated (CHDN): Get Free Report China Eastern Airlines Corporation Ltd. (CEA): Get Free Report Aaron's, Inc. (AAN): Get Free Report To read this article on Zacks.com click here. The company possesses a Momentum Score of B. Aaron's, Inc. Price Aaron's, Inc. price | Aaron's, Inc. Quote China Eastern Airlines Corporation Limited (CEA): This air transportation services provider has a Zacks Rank #1 (Strong Buy) and witnessed the Zacks Consensus Estimate for its current year earnings increasing more than 100% over the last 60 days.
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756842fa-7b66-43d5-bd72-b4b4f88f2f9b
|
9015.0
|
2019-01-30 00:00:00 UTC
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GameStop (GME) Stock Crashes 27% on Divestiture Cancellation
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AAN
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https://www.nasdaq.com/articles/gamestop-gme-stock-crashes-27-on-divestiture-cancellation-2019-01-30
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nan
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nan
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GameStop Corp.GME saw its shares crash a major 27.2% on Jan 29, as management revealed that it is no longer pursuing the company's divestiture. In the past three months, the company has lost close to 23%, way worse than the industry 's decline of 12.6%.
Well, the company was exploring ways to improve shareholder returns as part of a strategic review that began in June 2018. The review also included GameStop considering plans to sell the business.
However, management stated that it has ceased efforts to undertake a divestiture, owing to scarcity of available funds, which would be required to satisfy any potential acquirer. Clearly, management's decision to abandon the sale came as a big blow to investors who were recently rejoicing on hearsays of a potential takeover deal.
Incidentally, earlier this month there were rumors that GameStop might announce a deal associated with its own takeover in February. Previously, there were rumors of private equity firms such as Sycamore Partners and Apollo Global Management being interested in the deal. In June 2018, Sycamore Partners emerged as the possible forerunner in this deal, per certain media reports. With so much brewing about GameStop's possible divestiture, yesterday's announcement was certainly a letdown for the company's investors.
This month, GameStop posted soft sales numbers for the holiday season. For the nine-week holiday period (ended Jan 5, 2019), the company generated total global sales of $2.63 billion, down 5% year over year. Nonetheless, comps for the holiday period grew 1.5%, reflecting 3.6% growth in the United States, offset by 3.1% decline internationally.
Apart from this, GameStop offloaded its Spring Mobile business this January for cash proceeds of nearly $735 million. Management is exploring options to efficiently utilize the sale proceeds, which include curtailing the company's debt load, sponsoring share buybacks or reinvesting in key video game and collectibles categories, among others.
Notably, GameStop's collectibles sales category has been profitable for the past few quarters. In the fiscal third quarter, sales of collectibles rose 11.7%, following an increase of 15.7% and 24.4% in the second and first quarters of fiscal 2018, respectively. The category was driven by continuous growth in domestic and international collectibles business. The company believes that it has a solid potential for sustained growth in this business. Moreover, GameStop seeks to strengthen this unit by widening its global footprint in video game stores, ThinkGeek and Zing stores along with e-commerce platforms.
We believe that concerted efforts to grow in this category along with GameStop's other initiatives are likely to aid this Zacks Rank #3 (Hold) stock to revive in the forthcoming periods.
Don't Miss These Solid Retail Stocks
Aaron's, Inc. AAN , with a Zacks Rank #2 (Buy), has long-term earnings per share growth rate of 15.7%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Abercrombie & Fitch ANF , also with a Zacks Rank #2, has long-term earnings per share growth rate of 15.3%.
Dillard's, Inc. DDS , with a Zacks Rank #2, has long-term earnings per share growth rate of 9.9%.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?
From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 - 2017, they soared far above the market's +126.3%, reaching +181.9%.
This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.
See Stocks 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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Get Free Report
GameStop Corp. (GME): Free Stock Analysis Report
Dillard's, Inc. (DDS): 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.
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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Don't Miss These Solid Retail Stocks Aaron's, Inc. AAN , with a Zacks Rank #2 (Buy), has long-term earnings per share growth rate of 15.7%. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Get Free Report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Management is exploring options to efficiently utilize the sale proceeds, which include curtailing the company's debt load, sponsoring share buybacks or reinvesting in key video game and collectibles categories, among others.
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Don't Miss These Solid Retail Stocks Aaron's, Inc. AAN , with a Zacks Rank #2 (Buy), has long-term earnings per share growth rate of 15.7%. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Get Free Report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Abercrombie & Fitch ANF , also with a Zacks Rank #2, has long-term earnings per share growth rate of 15.3%.
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Don't Miss These Solid Retail Stocks Aaron's, Inc. AAN , with a Zacks Rank #2 (Buy), has long-term earnings per share growth rate of 15.7%. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Get Free Report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Management is exploring options to efficiently utilize the sale proceeds, which include curtailing the company's debt load, sponsoring share buybacks or reinvesting in key video game and collectibles categories, among others.
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Don't Miss These Solid Retail Stocks Aaron's, Inc. AAN , with a Zacks Rank #2 (Buy), has long-term earnings per share growth rate of 15.7%. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Get Free Report GameStop Corp. (GME): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Incidentally, earlier this month there were rumors that GameStop might announce a deal associated with its own takeover in February.
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bc830df6-11a2-4562-8c0c-9dd8767dd6ff
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9016.0
|
2019-01-29 00:00:00 UTC
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Is Aaron's (AAN) Stock Undervalued Right Now?
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AAN
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https://www.nasdaq.com/articles/is-aarons-aan-stock-undervalued-right-now-2019-01-29
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nan
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nan
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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 fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.
In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.
One company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value.
Investors will also notice that AAN has a PEG ratio of 0.80. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. AAN's industry has an average PEG of 0.81 right now. AAN's PEG has been as high as 0.80 and as low as 0.75, with a median of 0.77, all within the past year.
Investors should also recognize that AAN has a P/B ratio of 1.92. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. AAN's current P/B looks attractive when compared to its industry's average P/B of 3.23. AAN's P/B has been as high as 2.20 and as low as 1.52, with a median of 1.82, over the past year.
Finally, we should also recognize that AAN has a P/CF ratio of 1.68. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 6.41. Over the past 52 weeks, AAN's P/CF has been as high as 1.99 and as low as 1.34, with a median of 1.66.
These figures are just a handful of the metrics value investors tend to look at, but they help show that Aaron's is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, AAN feels like a great value stock at the moment.
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
Aaron's, 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.
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 company to watch right now is Aaron's (AAN). AAN is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. Investors will also notice that AAN has a PEG ratio of 0.80.
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Click to get this free report Aaron's, Inc. (AAN): 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 #1 (Strong Buy) and an A for Value.
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Click to get this free report Aaron's, Inc. (AAN): 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 #1 (Strong Buy) and an A for Value.
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One company to watch right now is Aaron's (AAN). Investors will also notice that AAN has a PEG ratio of 0.80. AAN is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value.
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80af19f1-65be-4cb5-86e6-c9d4c1726967
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9017.0
|
2019-01-09 00:00:00 UTC
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Aaron's (AAN) Shares Cross Above 200 DMA
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AAN
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https://www.nasdaq.com/articles/aarons-aan-shares-cross-above-200-dma-2019-01-09
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nan
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nan
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In trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $46.18, changing hands as high as $46.37 per share. Aaron's Inc shares are currently trading up about 1.8% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:
Looking at the chart above, AAN's low point in its 52 week range is $36.20 per share, with $56 as the 52 week high point - that compares with a last trade of $46.12.
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »
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.
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In trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $46.18, changing hands as high as $46.37 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $36.20 per share, with $56 as the 52 week high point - that compares with a last trade of $46.12. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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 trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $46.18, changing hands as high as $46.37 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $36.20 per share, with $56 as the 52 week high point - that compares with a last trade of $46.12. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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 trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $46.18, changing hands as high as $46.37 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $36.20 per share, with $56 as the 52 week high point - that compares with a last trade of $46.12. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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 trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $46.18, changing hands as high as $46.37 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $36.20 per share, with $56 as the 52 week high point - that compares with a last trade of $46.12. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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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8c4a0e20-82f5-494b-8485-0c28cf79f23c
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9018.0
|
2018-12-18 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for December 19, 2018
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-december-19-2018-2018-12-18
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nan
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nan
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on December 19, 2018. A cash dividend payment of $0.035 per share is scheduled to be paid on January 07, 2019. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 16.67% increase over prior dividend payment. At the current stock price of $40.54, the dividend yield is .35%.
The previous trading day's last sale of AAN was $40.54, representing a -27.61% decrease from the 52 week high of $56 and a 11.99% increase over the 52 week low of $36.20.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and Rollins, Inc. ( ROL ). AAN's current earnings per share, an indicator of a company's profitability, is $4.35. Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 31.75%, compared to an industry average of 6%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and Rollins, Inc. ( ROL ). Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 31.75%, compared to an industry average of 6%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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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. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on December 19, 2018. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of AAN was $40.54, representing a -27.61% decrease from the 52 week high of $56 and a 11.99% increase over the 52 week low of $36.20. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. AAN's current earnings per share, an indicator of a company's profitability, is $4.35. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on December 19, 2018.
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d583a84d-59d6-4c01-9175-8371a22e4521
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9019.0
|
2018-12-05 00:00:00 UTC
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Aaron's Up 18% in a Year: Solid Progressive Unit Aids Growth
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AAN
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https://www.nasdaq.com/articles/aarons-up-18-in-a-year%3A-solid-progressive-unit-aids-growth-2018-12-05
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nan
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nan
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Aaron's, Inc.AAN has been performing well, thanks to its Progressive segment that continues to witness sturdy momentum for quite a long time. Notable improvement at Aaron's Business division is also bolstering the company's performance. As a result, the company reported earnings beat in seven of the trailing 10 quarters, with sales exceeding estimates for the seventh straight quarter.
In a year's time, shares of this leading lease-purchase solutions provider have advanced 18%, comfortably outperforming the industry 's 6.7% growth. Further, the company's VGM Score of A with a Zacks Rank #3 (Hold) increases investor's optimism on the stock.
Robust Progressive Segment
Aaron's Progressive segment, which contributed nearly 52.9% to total revenues in the third quarter of 2018, has been significantly driving the company's results. The division includes the virtual lease-to-own business. Impressive growth in the number of active doors, invoice volume and a solid customer base are the key catalysts behind the segment's quarterly performance.
In the last reported quarter, Progressive revenues surged 26.6% year over year. This uptick was backed by 26% rise in invoice volume owing to a 3.8% improvement in active doors and 21.4% growth in invoice volumes per active door. As of Sep 30, 2018, this division had 808,000 customers, up 19.7% year over year. The segment's adjusted EBITDA also registered 31.6% growth, with margin expansion of 40 basis points.
Aaron's impressive performance also led to an upbeat outlook for the segment. For 2018, revenues at the Progressive division are estimated to be $1.99-$2.02 billion, significantly up from $1.57 billion in 2017. EBITDA is estimated to be $217.5-$222.5 million, up from $187.8 million last year.
Solid momentum in the company's Progressive division is expected to boost Aaron's top- and bottom-line performance in 2018. Revenues are projected to come in between $3.80 billion and $3.86 billion, up from $3.38 billion recorded last year. Management envisions 2018 earnings of $3.30-$3.45 per share, reflecting a sharp increase from $2.56 earned in 2017.
Dividend Hike
Aaron's remains committed to boost shareholders' value through share repurchases and dividend payouts. Recently, management has approved a quarterly dividend hike of 16.7% to 3.5 cents per share. The raised dividend is payable Jan 7, 2019, to its shareholders of record as on Dec 20, 2018. Notably, this marks the company's sixteenth straight year of dividend hike.
Further, the company repurchased 675,552 shares for $31.6 million in the third quarter of 2018. With this, Aaron's had an authorization to repurchase $400 million.
Some Better-Ranked Retail Stocks
Boot Barn Holdings, Inc. BOOT has an expected long-term earnings growth rate of 23% and a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Abercrombie & Fitch Co. ANF outpaced the earnings estimates in each of the trailing four quarters, the average being 88.6%. Further, the company carries a Zacks Rank #2 (Buy).
Systemax Inc. SYX is also a Zacks Ranked #2 stock, which delivered a positive earnings surprise of 14.7%.
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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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
Systemax Inc. (SYX): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): 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.
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, Inc.AAN has been performing well, thanks to its Progressive segment that continues to witness sturdy momentum for quite a long time. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Systemax Inc. (SYX): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. In a year's time, shares of this leading lease-purchase solutions provider have advanced 18%, comfortably outperforming the industry 's 6.7% growth.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Systemax Inc. (SYX): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN has been performing well, thanks to its Progressive segment that continues to witness sturdy momentum for quite a long time. Robust Progressive Segment Aaron's Progressive segment, which contributed nearly 52.9% to total revenues in the third quarter of 2018, has been significantly driving the company's results.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Systemax Inc. (SYX): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN has been performing well, thanks to its Progressive segment that continues to witness sturdy momentum for quite a long time. Robust Progressive Segment Aaron's Progressive segment, which contributed nearly 52.9% to total revenues in the third quarter of 2018, has been significantly driving the company's results.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Systemax Inc. (SYX): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN has been performing well, thanks to its Progressive segment that continues to witness sturdy momentum for quite a long time. Further, the company's VGM Score of A with a Zacks Rank #3 (Hold) increases investor's optimism on the stock.
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195308c5-60bf-4265-bdfd-8b6076806c77
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9020.0
|
2018-11-28 00:00:00 UTC
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AAN Makes Notable Cross Below Critical Moving Average
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AAN
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https://www.nasdaq.com/articles/aan-makes-notable-cross-below-critical-moving-average-2018-11-28
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nan
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nan
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In trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $46.54, changing hands as low as $46.14 per share. Aaron's Inc shares are currently trading down about 2.1% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:
Looking at the chart above, AAN's low point in its 52 week range is $35.62 per share, with $56 as the 52 week high point - that compares with a last trade of $46.07.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
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.
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In trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $46.54, changing hands as low as $46.14 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $35.62 per share, with $56 as the 52 week high point - that compares with a last trade of $46.07. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $46.54, changing hands as low as $46.14 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $35.62 per share, with $56 as the 52 week high point - that compares with a last trade of $46.07. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $46.54, changing hands as low as $46.14 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $35.62 per share, with $56 as the 52 week high point - that compares with a last trade of $46.07. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Wednesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $46.54, changing hands as low as $46.14 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $35.62 per share, with $56 as the 52 week high point - that compares with a last trade of $46.07. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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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32338f91-2fc8-4ae6-a16c-e5263b0a823b
|
9021.0
|
2018-11-12 00:00:00 UTC
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Analysts Anticipate IYC To Hit $229
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AAN
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https://www.nasdaq.com/articles/analysts-anticipate-iyc-hit-229-2018-11-12
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares U.S. Consumer Services ETF (Symbol: IYC), we found that the implied analyst target price for the ETF based upon its underlying holdings is $228.79 per unit.
With IYC trading at a recent price near $203.10 per unit, that means that analysts see 12.65% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IYC's underlying holdings with notable upside to their analyst target prices are Yelp Inc (Symbol: YELP), Avis Budget Group Inc (Symbol: CAR), and Aaron's Inc (Symbol: AAN). Although YELP has traded at a recent price of $31.93/share, the average analyst target is 48.14% higher at $47.30/share. Similarly, CAR has 31.86% upside from the recent share price of $32.23 if the average analyst target price of $42.50/share is reached, and analysts on average are expecting AAN to reach a target price of $59.71/share, which is 20.44% above the recent price of $49.58. Below is a twelve month price history chart comparing the stock performance of YELP, CAR, and AAN:
Below is a summary table of the current analyst target prices discussed above:
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
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.
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Below is a twelve month price history chart comparing the stock performance of YELP, CAR, and AAN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYC's underlying holdings with notable upside to their analyst target prices are Yelp Inc (Symbol: YELP), Avis Budget Group Inc (Symbol: CAR), and Aaron's Inc (Symbol: AAN). Similarly, CAR has 31.86% upside from the recent share price of $32.23 if the average analyst target price of $42.50/share is reached, and analysts on average are expecting AAN to reach a target price of $59.71/share, which is 20.44% above the recent price of $49.58.
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Three of IYC's underlying holdings with notable upside to their analyst target prices are Yelp Inc (Symbol: YELP), Avis Budget Group Inc (Symbol: CAR), and Aaron's Inc (Symbol: AAN). Similarly, CAR has 31.86% upside from the recent share price of $32.23 if the average analyst target price of $42.50/share is reached, and analysts on average are expecting AAN to reach a target price of $59.71/share, which is 20.44% above the recent price of $49.58. Below is a twelve month price history chart comparing the stock performance of YELP, CAR, and AAN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Similarly, CAR has 31.86% upside from the recent share price of $32.23 if the average analyst target price of $42.50/share is reached, and analysts on average are expecting AAN to reach a target price of $59.71/share, which is 20.44% above the recent price of $49.58. Below is a twelve month price history chart comparing the stock performance of YELP, CAR, and AAN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYC's underlying holdings with notable upside to their analyst target prices are Yelp Inc (Symbol: YELP), Avis Budget Group Inc (Symbol: CAR), and Aaron's Inc (Symbol: AAN).
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Three of IYC's underlying holdings with notable upside to their analyst target prices are Yelp Inc (Symbol: YELP), Avis Budget Group Inc (Symbol: CAR), and Aaron's Inc (Symbol: AAN). Similarly, CAR has 31.86% upside from the recent share price of $32.23 if the average analyst target price of $42.50/share is reached, and analysts on average are expecting AAN to reach a target price of $59.71/share, which is 20.44% above the recent price of $49.58. Below is a twelve month price history chart comparing the stock performance of YELP, CAR, and AAN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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19d11ab0-8111-4840-aa68-57b5535b404c
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9022.0
|
2018-11-06 00:00:00 UTC
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Rent-A-Center (RCII) Q3 Earnings & Revenues Top Estimates
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AAN
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https://www.nasdaq.com/articles/rent-a-center-rcii-q3-earnings-revenues-top-estimates-2018-11-06
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nan
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nan
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Rent-A-Center, Inc.RCII delivered third-quarter 2018 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate. Analysts pointed that bottom line benefited from cost containment efforts.
Let's Delve Deep
The company delivered adjusted earnings of 32 cents a share that beat the Zacks Consensus Estimate of 29 cents and also compared favorably with a loss of 15 cents reported in the year-ago period. Total revenue of $644.9 million also came ahead of the consensus mark of $635 million.
The top line grew marginally by 0.2% on account of solid comparable-store sales (comps) growth, partly offset by closures of certain Core U.S. locations. Meanwhile, adjusted EBITDA came in at $49.3 million, up significantly from $17.1 million in the year-ago quarter. Moreover, adjusted EBITDA margin expanded 500 basis points to 7.6%.
Quite apparent, the company's strategic initiatives are well on track. Management intends to focus more on cost containment endeavors, improving traffic trends, targeted value proposition, refranchising program and augmenting cash flow. Further, the company is rationalizing store base and lowering debt load. Markedly, the company's cost-saving initiatives are way ahead of track, making it hopeful of generating annual run-rate savings of more than $100 million.
Notably, shares of Rent-A-Center, which accepted the buyout offer of Vintage Capital, have surged roughly 43% in the past six months, against the industry 's decline of 17%.
Rent-A-Center, Inc. Price, Consensus and EPS Surprise
Rent-A-Center, Inc. Price, Consensus and EPS Surprise | Rent-A-Center, Inc. Quote
Comparable-Store Sales Performance
Comps for the quarter grew 5.7%, reflecting growth of 5.2%, 6.7% and 12.8% across the Core U.S., Acceptance Now and Mexico segments, respectively.
Notably, comps for the Core U.S. and Mexico segments have improved 170 and 570 basis points sequentially, respectively, while for the Acceptance Now the same has increased 300 basis points on a sequential basis.
Consolidated comps for this Zacks Rank #1 (Strong Buy) company also portray a sequential improvement of 200 basis points. You can see the complete list of today's Zacks #1 Rank stocks here .
Segment Performance
Revenues from the Core U.S. segment rose 1.9% to $451.3 million due to improved comps performance partly offset by continued store base rationalization.
Revenues from the Acceptance Now segment fell 5.9% from the prior-year quarter to $173.4 million on account of closures of the company's Conn's and HHGregg locations. These were partly mitigated by healthy comps performance.
Mexico segment's revenues came in at $12.8 million, up marginally from $12.2 million reported in the year-ago period but improved 11.3% on a constant currency basis.
Finally, total Franchising revenues surged 58.4% to $7.4 million during the reported quarter. This can be attributed to recent change in the accounting standard for franchise advertising fees and higher merchandise sales due to increased store count.
Store Update
At the end of the quarter, there were 2,205 Core U.S. locations, 1,107 Acceptance Now Staffed stores, 119 Acceptance Now Direct stores, 122 stores in Mexico and 245 Franchise stores.
Other Financial Aspects
Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $111 million, net Senior notes of $539.7 million and stockholders' equity of $283.7 million. The company incurred capital expenditures of $6.8 million during the reported quarter.
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McGrath RentCorp (MGRC): Free Stock Analysis Report
AeroCentury Corp. (ACY): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Rent-A-Center, Inc. (RCII): 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.
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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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $111 million, net Senior notes of $539.7 million and stockholders' equity of $283.7 million. Click to get this free report McGrath RentCorp (MGRC): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report To read this article on Zacks.com click here. The top line grew marginally by 0.2% on account of solid comparable-store sales (comps) growth, partly offset by closures of certain Core U.S. locations.
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Click to get this free report McGrath RentCorp (MGRC): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report To read this article on Zacks.com click here. Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $111 million, net Senior notes of $539.7 million and stockholders' equity of $283.7 million. Rent-A-Center, Inc. Price, Consensus and EPS Surprise Rent-A-Center, Inc. Price, Consensus and EPS Surprise | Rent-A-Center, Inc. Quote Comparable-Store Sales Performance Comps for the quarter grew 5.7%, reflecting growth of 5.2%, 6.7% and 12.8% across the Core U.S., Acceptance Now and Mexico segments, respectively.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $111 million, net Senior notes of $539.7 million and stockholders' equity of $283.7 million. Click to get this free report McGrath RentCorp (MGRC): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center, Inc. Price, Consensus and EPS Surprise Rent-A-Center, Inc. Price, Consensus and EPS Surprise | Rent-A-Center, Inc. Quote Comparable-Store Sales Performance Comps for the quarter grew 5.7%, reflecting growth of 5.2%, 6.7% and 12.8% across the Core U.S., Acceptance Now and Mexico segments, respectively.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the reported quarter with cash and cash equivalents of $111 million, net Senior notes of $539.7 million and stockholders' equity of $283.7 million. Click to get this free report McGrath RentCorp (MGRC): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report To read this article on Zacks.com click here. Segment Performance Revenues from the Core U.S. segment rose 1.9% to $451.3 million due to improved comps performance partly offset by continued store base rationalization.
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a3cd5013-0211-4eb3-8c5c-859ecbefb3af
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9023.0
|
2018-10-26 00:00:00 UTC
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Aaron's (AAN) Stock Declines on Q3 Earnings Miss, Sales Beat
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AAN
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https://www.nasdaq.com/articles/aarons-aan-stock-declines-on-q3-earnings-miss-sales-beat-2018-10-26
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nan
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nan
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Shares of Aaron's, Inc . AAN fell roughly 9% during the trading session on Oct 25, following its third-quarter results, wherein earnings lagged estimates after reporting a beat in the preceding quarter. However, the company's top line surpassed estimates for the seventh straight quarter. Also, both earnings and sales improved on a year-over-year basis. Management reiterated its outlook for 2018.
Results were driven by significant growth at the Progressive segment and notable improvement in the Aaron's Business division. Solid growth in invoice volumes, consistent portfolio performance, and better managed costs also contributed to the company's impressive performance in the quarter under review.
In the past six months, shares of this Zacks Rank #4 (Sell) company have gained 5% against the industry 's 7.8% decline.
Q2 Highlights
Aaron's delivered adjusted earnings of 69 cents per share, which missed the Zacks Consensus Estimate of 75 cents but increased 60.5% from the prior-year quarter. Including one-time items, the company reported GAAP earnings per share of 62 cents, up from 35 cents in the year-ago quarter.
Revenues totaled $953.1 million, up 13.6% year over year and came ahead of the Zacks Consensus Estimate of $948 million. The upside was driven by 26.6% increase in progressive revenues and the inclusion of 90 franchise stores acquired by the Aaron's Business segment.
Comparable-store sales (comps) at company-operated stores remained flat during the quarter. Further, the customer count on a same-store basis declined 5.3%. At quarter end, the company-operated Aaron's stores had 989,000 customers, reflecting 0.3% year-over-year increase.
Aaron's franchisee revenues declined 27.6% to $129 million. Same-store sales for franchised stores and same-store customer counts decreased 3.1% and 3.5%, respectively, in the reported quarter. In fact, the franchisees had a customer base of 306,000, on Sep 30, 2018.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved 21.8% year over year to $82.5 million. However, the adjusted EBITDA margin expanded 160 basis points (bps) to about 8.7% in the quarter under review.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
Segment Details
Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business (Progressive Leasing); Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as Aaron's Business); and Dent-A-Med, Inc. - DAMI.
Progressive Leasing
Sales at this segment summed $504.4 million in the reported quarter, up 26.6% year over year. Additionally, invoice volume rose 26%, owing to a 3.8% improvement in active doors and 21.4% rise in invoice volumes per active door. As of Sep 30, 2018, this division had 808,000 customers, reflecting 19.7% growth year over year.
Moreover, the segment's adjusted EBITDA was $51.7 million, up 31.6% from the year-ago quarter. However, adjusted EBITDA margin expanded 40 bps to 10.3%.
Aaron's Business
Total sales at the Aaron's Business segment inched up 1.7% to $439.2 million. Non-retail sales fell 21.4% on a year-over-year basis. However, lease revenues and fees for the three months (ended Sep 30, 2018) grew 5.4% from the year-ago period.
Adjusted EBITDA at this division was $32.7 million, up 6.3% from the year-ago figure of $30.8 million. Also, adjusted EBITDA margin expanded 40 bps to 7.5%.
DAMI
Sales at the DAMI segment amounted to $9.5 million, up from $8.9 million in the year-ago period.
Financial Position
Aaron's ended the quarter with cash and cash equivalents of $35 million, debt of $297.3 million and shareholders' equity of $1,763.5 million.
Moreover, the company repurchased 675,552 shares for $31.6 million in the quarter. Currently, it has an authorization to repurchase $400 million.
During the first nine months of 2018, the company generated cash from operations of $363 million.
Store Update
In the quarter under review, Aaron's purchased 90 franchised stores and two consolidated company-operated stores. Further, it closed three franchised stores and sold three other.
As of Sep 30, 2018, the Aaron's Business segment had 1,267 company-operated stores and 432 franchised stores.
2018 Guidance
Following the quarterly results, the company slightly adjusted its guidance for 2018. It anticipates comparable-store sales from the Aaron's Business segment to come in at negative 2% to negative 1% as compared to the previous projection of negative 4% to negative 1%.
Aaron's projects total sales to be between $3.80 billion and $3.86 billion compared to prior view of $3.68-$3.89 billion. Management now anticipates earnings to be $3.30-$3.45 per share. Earlier, the company expected adjusted earnings to be $3.20-$3.50 per share. Notably, this guidance excludes the Progressive segment and franchisee acquisition associated with intangible amortization along with future one-time or unusual items. This apart, management projects GAAP earnings to be $2.75-$2.90 per share compared with $2.90-$3.20 per share guided earlier.
Total sales at the Aaron's Business segment are still projected to be $1.77-$1.80 billion compared with the previous guidance of $1.70-$1.80 billion. While sales at the Progressive segment are envisioned to be between $1.99 billion and $2.02 billion, the same at the DAMI segment are projected to be $35-$40 million. Previously, sales at progressive and DAMI segments were expected to be $1.95-$2.05 billion and $30-$40 million, respectively.
The company's EBITDA is expected to be $382-$395 million versus $380-$413 million predicted earlier. On a segmental basis, Aaron's Business' adjusted EBITDA is continued to be anticipated in the $170-$175 million band as compared to the prior guidance of $170-$185 million. EBITDA at the Progressive division is envisioned to be $217.5-$222.5 million compared with the former outlook of $215-$230 million. For the DAMI segment, its EBITDA is still projected to decline $2-$5 million.
Looking for Better-Ranked Retail Stocks? Check These
Conn's, Inc. CONN has a long-term earnings growth rate of 23% and a Zacks Rank of 1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Best Buy Co., Inc. BBY has a long-term earnings growth rate of 12.7% and a Zacks Rank #2 (Buy).
Five Below, Inc. FIVE , also a Zacks Rank #2 stock, has an impressive long-term earnings growth rate of 30%.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Five Below, Inc. (FIVE): 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.
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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AAN fell roughly 9% during the trading session on Oct 25, following its third-quarter results, wherein earnings lagged estimates after reporting a beat in the preceding quarter. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. The upside was driven by 26.6% increase in progressive revenues and the inclusion of 90 franchise stores acquired by the Aaron's Business segment.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. AAN fell roughly 9% during the trading session on Oct 25, following its third-quarter results, wherein earnings lagged estimates after reporting a beat in the preceding quarter. At quarter end, the company-operated Aaron's stores had 989,000 customers, reflecting 0.3% year-over-year increase.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. AAN fell roughly 9% during the trading session on Oct 25, following its third-quarter results, wherein earnings lagged estimates after reporting a beat in the preceding quarter. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Segment Details Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business (Progressive Leasing); Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as Aaron's Business); and Dent-A-Med, Inc. - DAMI.
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AAN fell roughly 9% during the trading session on Oct 25, following its third-quarter results, wherein earnings lagged estimates after reporting a beat in the preceding quarter. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the segment's adjusted EBITDA was $51.7 million, up 31.6% from the year-ago quarter.
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8a4a7792-085c-48be-8924-bd104089f1ad
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9024.0
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2018-10-25 00:00:00 UTC
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Aaron's Breaks Below 200-Day Moving Average - Notable for AAN
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AAN
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https://www.nasdaq.com/articles/aarons-breaks-below-200-day-moving-average-notable-aan-2018-10-25
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nan
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nan
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In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $45.65, changing hands as low as $43.16 per share. Aaron's Inc shares are currently trading off about 7.6% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:
Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $44.43.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
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.
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In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $45.65, changing hands as low as $43.16 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $44.43. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Thursday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $45.65, changing hands as low as $43.16 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $44.43. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Thursday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $45.65, changing hands as low as $43.16 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $44.43. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Thursday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $45.65, changing hands as low as $43.16 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $44.43. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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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628bd9c7-d06c-4886-a04a-a2abf37f3d81
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9025.0
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2018-10-25 00:00:00 UTC
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Aaron's Becomes Oversold (AAN)
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AAN
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https://www.nasdaq.com/articles/aarons-becomes-oversold-aan-2018-10-25
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 26.7, after changing hands as low as $43.16 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 35.8. A bullish investor could look at AAN's 26.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares:
Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $43.89.
Find out what 9 other oversold stocks you need to know about »
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.
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In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 26.7, after changing hands as low as $43.16 per share. A bullish investor could look at AAN's 26.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $43.89.
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The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $43.89. In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 26.7, after changing hands as low as $43.16 per share. A bullish investor could look at AAN's 26.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
|
In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 26.7, after changing hands as low as $43.16 per share. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $43.89. A bullish investor could look at AAN's 26.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
|
In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 26.7, after changing hands as low as $43.16 per share. A bullish investor could look at AAN's 26.7 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $56 as the 52 week high point - that compares with a last trade of $43.89.
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2018-10-25 00:00:00 UTC
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Aaron's Inc (AAN) Q3 2018 Earnings Conference Call Transcript
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-q3-2018-earnings-conference-call-transcript-2018-10-25
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Aaron's Inc (NYSE: AAN)
Q3 2018 Earnings Conference Call
Oct. 25, 2018 , 8:30 a.m. ET
Contents:
Prepared Remarks
Questions and Answers
Call Participants
Prepared Remarks:
Operator
Good morning. My name is Andrea and I will be your conference coordinator. At this time, I would like to welcome everyone to Aaron's, Inc. Third Quarter 2018 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session.
I would now like to turn the call over to Mr. Michael Dickerson. You may begin your conference.
Michael Dickerson -- Vice President, Investor Relations
Thank you and good morning, everyone. Welcome to the Aaron's, Inc. third quarter 2018 earnings conference call. I'm Mike Dickerson, Vice President of Investor Relations.
Joining me this morning are John Robinson, Aaron's, Inc.'s President and Chief Executive Officer; Ryan Woodley, Chief Executive Officer of Progressive Leasing; Douglas Lindsay, President of the Aaron's Business; and Steve Michaels, Aaron's, Inc.'s Chief Financial Officer and President of Strategic Operations.
Many of you have already seen a copy of our earnings release issued this morning. For those of you who have not, it is available on the Investor relations section of our website, at aarons.com.
During this call, certain statements we make will be forward looking. I want to call your attention to our Safe Harbor Provision for forward looking statements that can be found at the end of our earnings release. The Safe Harbor Provision identifies risks, that may cause the actual results to differ materially from the content of our forward looking statements. Also, please see our Form 10-K for the year ended December 31st, 2017, and subsequent filings with the SEC for a description of the risks related to our business that may cause the actual results to differ materially from our forward looking statements. Listeners are cautioned not to place undue emphasis on forward looking statements and we undertake no obligation to update any such statements.
On today's call, we will be referring to certain non-GAAP financial measures including EBITDA, adjusted EBITDA, non-GAAP net earnings and non-GAAP EPS, which have been adjusted for certain items which may affect the comparability of our performance with other companies. These non-GAAP measures are detailed in the reconciliation tables included with our earnings release. The company believes that these non-GAAP financial measures provide meaningful insight into the company's operational performance and cash flows, and provides these measures to investors to help facilitate comparisons of operating results with prior periods, and to assist them in understanding the company's ongoing operational performance.
With that, I would now like to turn the call over to John Robinson.
John Robinson -- President and Chief Executive Officer
Thanks, Mike and thank you all for joining us today. I'm pleased with our third quarter results. Adjusted EBITDA increased 22% on a 14% gain in revenues as compared to the third quarter of 2017, and we're making progress on our strategic initiatives. Progressive's strong momentum continued with quarterly revenues exceeding $500 million for the first time and the Aaron's business benefited from investments to improve our omni-channel offering. Non-GAAP EPS was $0.69, an increase of 60% over the third quarter of 2017 and we believe we are on-track to achieve the performance targets we previously outlined for you.
We achieved these record third quarter results despite Hurricane Florence late in the third quarter. The damage to our assets was minimal, and I'm very proud of our teams' planning and execution throughout the event and its aftermath. There are many examples of our associates going above and beyond to assist those affected by the storm. And I want to extend a heartfelt thank you to everyone involved in that outreach.
Progressive continues to execute at a high level. The team is optimizing EBITDA growth as progressive makes additional investments to innovate its products to serve more customers, across our partners' stores and e-commerce platforms. We believe Progressive has significant growth opportunities and we're excited about the pipeline of potential retail partners we're working on for 2019 and beyond.
The Aaron's business increased both revenues and adjusted EBITDA and continued to improve its platform to address the large market opportunity for omni-channel lease-to-own. Aaron's business transformation initiatives are driving stronger financial performance and we continue to expect that same store revenues will turn positive in the fourth quarter. We are investing capital and resources to drive customer engagement and lower our cost to serve. We believe success in these areas will improve the customer experience for existing and new shoppers, including millennials where we are seeing stronger traction.
We ended the third quarter with $35 million in cash and net debt to adjusted EBITDA of less than one times. Throughout 2018, we have bought back 2.3 million shares including 676,000 shares in the third quarter and paid a regular quarterly dividend. For the first nine months of 2018, we returned a total of $104 million to shareholders through a combination of share repurchases and dividends, which we have paid for 31 consecutive years.
Our goal as always is to operate a model that helps our customers gain access to a wide range of high quality products in a transparent, flexible and affordable way. We plan to continue investing in our existing businesses to drive that outcome, and to look for additional opportunities to innovate in existing and adjacent markets using our unique set of assets and competencies. These include ongoing customer and retailer relationships, analytics and decisioning, customer and partner servicing platforms, last mile delivery and return capabilities in furniture manufacturing. In the absence of any significant acquisitions, we expect to maintain a conservative capital structure, while returning capital to shareholders.
I'll now turn it over to Ryan to discuss Progressive.
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Thanks, John. Progressive continues to execute on our strategy to drive profitable growth as we pursue a large and underserved market. Total revenues rose 27% in the quarter as compared to the third quarter of 2017 to a record $504 million. EBITDA increased just under 32%, driven primarily by operating expense leverage.
The strong revenue performance was driven by a 26% increase in invoice volume in the quarter, resulting from a 21% increase in invoice per active door and a 4% increase in the number of active doors. Invoice volume was again led by robust growth in the number of transactions per door. We are cycling strong new door additions from a year ago and we continue to make progress in increasing productivity across new and existing doors.
Gross margin was modestly lower year-over-year driven by a 90 day buyout activity. EBITDA was 10.3% of revenues versus 9.9% in the year ago period. We generated leverage in SG&A expenses despite making planned investments ahead of expected future revenue growth. As I mentioned last quarter, we believe we are well positioned to convert a large pipeline of potential new retail partners and have shown evidence of that in a strong rate of sustained growth in the quarter. Writeoffs were 6.8% of revenues and bad debt expense was flat with a year ago period, at 12.7%. We expect these metrics to remain well within our annual ranges of 5% to 7% and 10% to 12% respectively for the full year. As we look to the balance of 2018, we're encouraged by the sustained momentum in invoice volume and we're excited about our ability to continue driving strong growth as we innovate our product to best serve our customers and retail partners.
I'll now turn it over to Douglas for comments on the Aaron's business.
Douglas Lindsay -- President, Aaron's Business
Thanks, Ryan. The Aaron's business continue to make solid progress in the quarter. Same store revenues were flat, continuing the improving trend we've experienced throughout 2018. I'm proud of our teams and encouraged by the momentum we're seeing in the business. In Q3, we achieved the third consecutive quarterly increase in recurring revenue written into the portfolio, and the seventh consecutive quarter with improvement in lease margin.
We achieved these results despite somewhat higher write offs and slower customer traffic, while at the same time, onboarding 90 acquired franchise stores and preparing for and operating through Hurricane Florence. Total revenues increased 1.7% as compared to the third quarter of 2017, with lease revenues up 5.4% in the quarter. As mentioned in the press release, lease revenues were driven in part by the addition of franchise stores acquired early in the third quarter. Same store revenues benefited from a number of our business transformation initiatives including our new Aarons.com platform which was relaunched earlier this year.
E-commerce recurring revenue written into the portfolio was up almost 50% compared to the third quarter of 2017, driven primarily by increases in traffic, online conversion, and ticket. We expect that as we grow our e-commerce revenue, we can leverage our existing infrastructure of fulfillment centers, stores and last mile delivery and reverse logistics, which is a competitive advantage that we believe will enable us to continue to scale our e-commerce business profitably.
Adjusted EBITDA increased 6.3% and with 7.5% of revenues versus 7.1% in the year ago quarter. Adjusted EBITDA growth benefited from an increase in lease margin, partially offset by elevated write offs and investments related to our business transformation initiatives. Write offs were 5.4% of revenues versus 5.2% in the same period last year. Planned increases in the number and type for promotional offerings and higher ticket are responsible for a portion of the increase in write offs, as our changes we made to reduce overall labor hours which we believe negatively impacted our collections performance in the quarter.
As we look forward, we're encouraged by the underlying trends in our business. Our leading indicators remain positive for the third sequential quarter and we expect our business transformation initiatives will continue to drive improving performance.
I'll now turn it over to Steve for an update on the financials.
Steven Michaels -- Chief Financial Officer
Thanks, Douglas. Now I'll turn to some financial highlights for the quarter. Revenue for the third quarter of 2018 was $953.1 million, an increase of 13.6% over the same period a year ago. Adjusted EBITDA for the company was $82.5 million for the third quarter of this year compared to $67.7 million for the same period last year, an increase of $14.8 million or 21.8%. Diluted EPS on a non-GAAP basis for the quarter increased 60% to $0.69 in 2018 versus $0.43 in 2017.
As you will have seen from the earnings release, operating expenses increased $46 million versus the year ago quarter, a bit more than half of the dollar increase was driven by the expected year-over-year increase in bad debt expense and write offs at Progressive. Approximately two thirds of the remaining increase was driven by the addition of personnel, occupancy, delivery and selling costs from the franchise stores acquired by the Aaron's business. In the last 15 months, we have added a net 205 stores from franchise acquisitions. The balance of the increase is spread across investments in both our businesses, as well as, intangible amortization expense and legal fees resulting from our response to the previously disclosed FTC CIDs.
As of September 30, 2018, the company had $35 million of cash on hand compared with $51 million of cash at the end of 2017. Cash generated from operating activities was $363 million through the first nine months of 2018 compared with $180 million for the same period in 2017. The improvement was driven primarily by a $161 million change in cash, taxes paid between the two periods. Through normally scheduled amortization payments, we reduced our total debt by $95 million since the end of 2017. The company has no further scheduled debt repayment through the balance of 2018 . On October 23 2018, the company amended its revolving credit facility and term loan agreement to provide for a $225 million term loan, a borrowing increase of $137.5 million, which the company intends to use for general corporate and working capital purposes.
The company also amended its franchise loan facility to reduce the total commitment amount from $85 million to $55 million and extend the maturity to October 22, 2019. As both John and Douglas discussed, we acquired 90 franchise stores in July 2018 for approximately $127 million. We used the cash on hand and availability under our revolver to fund the acquisitions. We remain conservatively capitalized following the acquisitions and ended the third quarter with available liquidity of $400 million and net debt to adjusted EBITDA of less than one time. During the third quarter, the company purchased approximately 676,000 shares of common stock for $31.6 million, at an average price of approximately $46.72 per share. As of the end of the third quarter, the company has $400 million remaining under its share repurchase authorization.
As noted in the earnings release, we are tightening our annual outlook for 2018. You will note that we have guided to upper half of the revenue range for the Aaron's business and maintains a midpoint of the expected revenue range for Progressive. For the Aaron's business, we continue to expect positive same store revenues in the fourth quarter. We expect consolidated non-GAAP EPS in the range of $3.30 to $3.45. This update does not assume any additional share repurchases during the balance of 2018.
I'll now turn the call back over to John for some closing remarks.
John Robinson -- President and Chief Executive Officer
Thank you, Steve. We are pleased with our third quarter results and excited about the momentum we are seeing in our business. Our success is a direct result of the tireless efforts of our associates, franchisees and retail partners, who are committed to providing the best experience for our customers every day. Thank you all very much for your efforts.
As we have discussed, we believe there is a large unserved market and we are well-positioned to capitalize on this opportunity. While we've made great progress over the past few years, the market continues to move fast. So, we're more focused than ever on continuing to innovate our business to better serve our customers.
With that, I will turn it over to the operator for Q&A.
Questions and Answers:
Operator
Thank you. We will now begin the question-and-answer session. (Operator Instructions) And our first question comes from Bill Chappell of SunTrust. Please go ahead.
William Chappell -- SunTrust Robinson Humphrey -- Analyst
Thanks. Good morning.
John Robinson -- President and Chief Executive Officer
Good morning, Bill.
William Chappell -- SunTrust Robinson Humphrey -- Analyst
Can you just, I guess, help me understand where just on the quarterly profit, kind of where we, I guess, as the street missed it, because I mean it certainly came in a little bit below. And then, also just trying to understand on Progressive and maybe, it wasn't clear, why on the EBITDA standpoint, on the profit standpoint, you couldn't hit the previous high-end? Why that's being reigned in? Just trying to understand, is that onboarding of new customers, is that just other planned investments? Is any of that a surprise or just trying to understand kind of how you're looking at these, the -- especially going into the fourth quarter?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Yes, I'm happy to hit Progressive, Bill. Ryan here. We're obviously, pleased with the quarter. The revenue and EBITDA growths are obviously very strong and consistent with the strong growth that we've seen in the last several quarters now. I think as it relates to the narrowed outlook on the year, the story is it'd kind of flow through the P&L. Gross margin is may be a little bit tighter than we expected because of that 90-day buyout activity, SG&A, maybe a little bit more leveraged, operating leverage than we expected there, just because of the continued rate of strong growth. And then bad debt and write-offs pretty much in line with where we expect them to be, but we're not far off to the midpoint of the range there, and feel pretty good about where we're going to end up.
John Robinson -- President and Chief Executive Officer
Yes, I mean -- Bill, this is John. And I appreciate understanding the question, I think if you look at the Aaron's business too, I think traffic was soft, write-offs were higher and we had a lot of moving parts in the quarter, I mean, we had the onboarding in -- on the Aaron's Business. Specifically, we had 90 stores that we onboarded that were franchise acquisitions. We had a lot of work going on here, around here, preparing for the Hurricane Florence, which was -- got quite a bit of press and it was a big storm in its own right. And so, that just coupled with just running the business day-to-day and a lot of the levers we've been pulling, I think that all kind of goes into the pot along with the things that Ryan mentioned about that, that have resulted.
Then having said that, if you look at the outlook we provided for the year, which as you know, we just provided annual guidance, we feel like it's going to be a really solid year. We've got good momentum in all our businesses. We have a big market opportunity in front of us. And overall, if you just look at the work we're doing in both businesses, we're really optimistic about 2018 to continue to be.
William Chappell -- SunTrust Robinson Humphrey -- Analyst
Got it. No, I appreciate the hurricane color. Ryan, just following up, there has been a fair amount of, I guess, commentary about new customers that possibly are coming online or tests that are going nationwide. Does that change or I guess, if you want to confirm anything, that would be helpful, but also, does that change any of the metrics or are these any lower margin or slower growth, or anything different we should be looking at as part of the guidance?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Yes, I'll say a couple of things on that. Obviously, pleased with the fact that, as you saw, we did onboard new partners in Q3. That tends, at this scale, at a base of 20,000 doors that tends to be the case every quarter, we pretty much end up launching, onboarding new partners in a quarter, adding new to the pipeline. And that was the case in Q3 as well, which is evidenced by the fact that we're able to grow those active doors even on such a large base. You saw the press release, we want to add about one relationship in particular, which we're very excited about. We're always bullish about what that pipeline would do for future growth.
We're pretty excited about what it looks like today. And we're investing ahead of that growth. So, we're generating leverage in spite of that in SG&A that we're essentially adding people and systems across almost every functional area in an effort to build the infrastructure required to scale effectively, and we continue to do that in Q3. And as we onboard new invoice volume, irrespective of where it comes from by channel, by partner vertical, we're attempting to maintain a threshold of profitability, and that has been the case and that'll be the case, going forward. But very pleased with how the year is shaping out.
William Chappell -- SunTrust Robinson Humphrey -- Analyst
Got it. Thanks so much.
John Robinson -- President and Chief Executive Officer
Thanks, Bill.
Operator
Our next question comes from John Baugh of Stifel. Please go ahead.
John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst
Thank you. Good morning. I guess, I'll ask a question on each side of the business. On the core store, if I'm right, the traffic is still negative year-over-year, the ticket is up nicely, and you've been making some investments to grow the business. And I don't want to get into 2019 guidance, but I'm just curious as to how we think about the margin structure of this business next year, if comps are flat-to-up next year, and the tickets up, that would imply the margin potential is better if the investments sort of flatten out or go down. Is there any color about how the profits of that business may trend over time?
Douglas Lindsay -- President, Aaron's Business
Okay, John, this is Douglas. Thanks for the question. Yes, I mean you're exactly right on the leading indicators and we're really positive about three consecutive quarters of revenue written to the portfolios. I mentioned in my comments, we also had some higher churn this quarter, which will carry forward and it's a portfolio business, so the leading indicators are important as is the churn that comes out of the portfolio.
Fortunately, we've seen margin expansion and good cost controls in the business. In this year, we expect that, that will continue for some time and that ticket will carry us into '19, however, as we work toward our planning. For next year, we'll be looking at our business transformation investments and assessing, which of those we want to accelerate and which of those we want to go deeper into the portfolio on in terms of testing and further validating. So, while we're happy with the underlying fundamentals, some of that investment is kind of on our radar and will be determined here over the next quarter.
John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst
Okay. And Douglas, staying on, you mentioned that I think, some -- a little bit of elevated write-offs and you mentioned some types of promotions and whatnot? Have you already altered that or I guess, I'm curious what if any competitive landscape has caused this or is that something you tried on your own and it just didn't work as planned or just any color there?
Douglas Lindsay -- President, Aaron's Business
Sure. Yeah and we mentioned this in part quarters, the -- most of it is self-inflicted. I would say, a good part of it is self-inflicted for the right reasons. We've mentioned before a promotional activity. So, as we're doing more of these low-dollar deliver promotions, we see an acceleration of charge-offs at a higher net book value in the portfolios sooner than our non-promotional periods. And we like that because it's driving higher lift through the overall promotion periods in terms of revenue. Although we're incurring a little bit more write-offs. We also are -- the merchandising strategy we've been employing is really driving a trade-up strategy, where ticket is increasing and actually when ticket increases, you have higher write-offs, the trade-off between those two has been a positive for us and we think we'll continue to make that trade off in term of an ROI going forward.
And the last thing is, I mentioned the labor costs as a reason. We are constantly tweaking our labor model. We've enjoyed some of the benefit of those savings. But in the quarter, I believe we may be cut a little too deep in labor and we're constantly assessing how we optimize labor, but still get the job done and collecting (ph) in our business. That's something we've created for and we've been staffing up in some of those tighter labor markets where we over created and we should see that creating itself in the fourth quarter. So that's something that's totally within our control and was somewhat self-inflicted.
John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst
Okay, thanks for that color. And then on the Progressive side right, is there any discernible impact from what's going on at that firm either in your results say, year-to-date or prospectively?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Thanks for the question, John. We tend to not comment on specific accounts, but I realize our relationship there is pretty well known and there's been a decent amount of press coverage on the business. They are a great long-standing partner and as you know, we have very close relationships with the team there and have for quite some time. I think we continue to see growth in the partnership and I think that's attributable in large part to the combined effort of all teams to execute the program, all they do a great job of that. The store closures that were announced have been incorporated in the revised outlook that we provided today. We don't expect other material impact on the business. They're very great partner and we're looking forward to being a big part of their future growth.
John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst
Okay. And then finally -- and I appreciate not wanting to get into the specific accounts and all these things, but to orders and all these specific metrics you brought on overstock, I believe that we'll add very few doors, but potentially, a meaningful amount of invoice volume. You brought on segment, I think cons was fully rolled out. I guess I'm trying to get some sense with what you know and don't necessarily need to share with us but how the very short term next couple of quarters, how the metrics of door count and invoice volume might look based on what you added a year ago and how all those things are ramping? Thank you.
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Yes, I appreciate the question. We're obviously very, very happy with those accounts, the invention that we've onboarded in the last year, they're all well run businesses that are executing very well on our program. You saw that we had a pretty high sustained rate of invoice per active door in the period, that's actually the highest level of productivity we've seen out of our existing doors in over a decade. Second, just the holiday season last year, which you'd expect obviously it being a holiday season and that's coming in spite of a pretty flat year-over-year approval rate and even slightly smaller ticket. So that's obviously what we're seeing drive strong rate of revenue growth. I expect that level of productivity to continue out of this mix of doors and that remains to be seen what new doors onboarded in future periods, will do on the platform but we're obviously pretty excited about what they can contribute. It's been a nice mix of doors and what we're pleased to see is that not only have they performed well but they've shown an ability to increase productivity over time, that's obviously a lot of hard work done by our partners and our team managing those relationships to produce that level of productivity, but we're happy with how that's playing out.
John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst
And lastly, the 90 day comment, was something to do with the mix of business or the types of retail accounts, I just can't get in the sense, is that a permanent change or something that surprised you or no, because of the mix that's to be expected and will continue?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
As you know, the offer the 90 day feature has been around since the beginning. So we've seen wider variations in 90 day take rate and there's just a lot of variables that influence it. As you mentioned, there's -- obviously there's seasonality around tax season, pricing customer behavior, invoice mix and because there are so many drivers that tend to vary a bit from quarter-to-quarter, what we're seeing now is slightly elevated than what we had planned, but that's reflected in the revised outlook that we provided today. And as I said here today, I don't expect to see significant movement in that number. Let's put us in place to deliver the results that we kind of guided to previously.
John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst
Great. Thank you and good luck.
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Thanks, John.
John Robinson -- President and Chief Executive Officer
Thanks, John.
Operator
Our next question comes from Brad Thomas of KeyBanc Capital Markets. Please go ahead.
Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst
Thanks. Good morning. Wanted to ask first on the Aaron's side of the business. Just talk a little bit more about the drivers of the same store sales and congratulations on moving into gross territory here, I mean I think it's been five years since we've seen a positive comp, added to the Aaron's business, so certainly very encouraging.
Douglas Lindsay -- President, Aaron's Business
Thank you.
Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst
But I guess as you look forward Douglas, I wanted to follow up on John's question, the customer counts going down, you've done a great job of improving the merchandise, getting the customer to spend more. How much further can you raise that ticket or how can you get customers to keep agreements out longer? I guess, if you could just try and put -- give us more context about the sustainability of this growth that you're seeing?
Douglas Lindsay -- President, Aaron's Business
Sure. So I mean, I think there's two things, one we really enjoyed the ticket that growth has continued. We believe a lot of that ticket growth is overcoming some of these negative traffic patterns and will carry us in terms of comps into 2019. However, we can't risk, take it forever as you mentioned, and there's other things that have to happen in the business. And when I refer to investments, I mean, those are really well we're making it our investments. We started out with merchandising. How do we get a more relevant product assortment, how do we make sure that we've got pricing tiers that they're appealing to our customer and products that's appealing to our customer relative to retail.
We see the competitive set as being the broader retail market, not just the players whom rent on and we feel like we need to be competitive in that market and that's what we're working on. When you hear generally about business transformation, it's all about how do we improve the customer experience, at the same time, lowering costs to serve and in our case, we think lowering cost of serve is also enhancing customer experience with the things we're doing.
So longer term we're between product assortment, expanding our hours of operation, new store concepts, rebuilding this e-commerce platform that we have going, in centralizing and kind of modernizing a lot of our processes. We think it makes Aaron's more relevant. We've tested some of these concepts in small, store groupings and tested learning environments and we're seeing considerable wealth and we're optimizing those tests and we're rolling them out further to validate them. And so while tickets are going to carry us so far in 2019, we're hoping that some of these investments we make in the business will begin to turn the tides on customer traffic and the customer count decreases that you've been seeing over the last year.
Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst
That's very helpful. Thank you, Douglas. And Ryan, if I can ask you on the aggressive side, the bad debts are up year-over-year -- well, not up year-over-year, this quarter, but on an annual basis, looks like they're tracking, to be up year-over-year in line with the way you target the business. I guess if we just step back, it feels like you guys had, had better success with your underwriting the last few years. You're now tracking more in line with the range. As we think ahead to next year, what direction if any do you think bad debt may move and does that mean that really the bad debt expense line starts to track more in line with sales and may be give you some better potential for margin expansion in 2019. I guess, if you could just help me connect some of the dots here, that'd be great?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Thanks, Brad. I appreciate the commentary. I know you have all heard me say those things before about kind of what's driving those increases, but that's really the same message we've shared since we provided the guidance on -- in Q4 '17 which is, it was that expected, it's healthy expected shift in mix that we've kind of reiterated every quarter since then. So the year is playing out pretty spot on with what our expectations were, which is again reflected in our outlook that we've provided today. Obviously, we don't have anything to share on 2019, but as you look through the remainder of 2018, very much in line with what we expected and the story is the same for both bad debt and write-offs.
Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst
Great, thank you all so much.
Operator
My next question comes from Budd Bugatch of Raymond James. Please go ahead.
Budd Bugatch -- Raymond James -- Analyst
Good morning and thank you for taking my questions.
John Robinson -- President and Chief Executive Officer
Good morning, Budd.
Budd Bugatch -- Raymond James -- Analyst
I guess, I'd like think -- hi, John -- I'd like to step back just for a second and talk a little bit about seasonality and what's changed. I think Bill, mentioned we pretty much didn't get it at least in the seasonality right, may be you can just talk at a high level of how we should think about seasonality since you do only provide annual guidance?
John Robinson -- President and Chief Executive Officer
Yeah, I mean, Budd if this is John, I don't know if this is going to -- may be others can add in, but from a seasonality perspective, I mean we certainly -- from the business perspective, first quarter is unique because of tax season and fourth quarter is unique because of the demand driven there. This is an unusual year from a compared perspective because of the hurricane impact last year that we had, but we've tried to give a pretty good picture of what we think the year is going to look like and we still -- we feel like we're on track for that in terms of the quarters, we're just not giving any more guidance on that. But I don't think there's any other seasonal factors other than weather seems to continue to be a factor for us in the third quarter and that's just unpredictable.
Budd Bugatch -- Raymond James -- Analyst
Got you. Okay. Ryan, on the performance of the pools and the more recent pools, there has been some concern about the credit quality as the economy is taking some turns. Can you talk a little bit about the performance of the more recent pools? Is there anything there that surprises you or might be notable?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
I would just reiterate what I said before, apologize for the redundancy. But they are performing in line with what we expected. You know, the thing we like to call out when we're talking about the performance of lease pools, that really are quickly turned pool. So on an average, lease contractual term of 12 months to life is about seven months. So we continue to have good visibility in the performance of those pools. I think we're always investing in new metrics and analytics to identify earlier on in the life of the lease, what its ultimate performance will be and those indicators are pretty much in line with our expectations which, what's ultimately driving that debt and write offs, to be in line with what we expected on here. So I'm pleased with what we're seeing and again, this is kind of in line with the view of the year that we laid out when we provided that, we initially provided that outlook on that Q4 '17 call.
Anthony Chukumba -- Loop Capital Markets -- Analyst
And you talked about planned investments ahead of revenue, or anything more sequentially come in the next quarter or so that we might not have been able to factor into what we're looking at?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Not really, that just continues to be the story generally, we're just -- we always seem to have a voracious appetite for talent in trying to onboard good people in every functional area where we can find them. So our sixth consecutive quarter of growing faster than 25%. So we are always, it feels investing as quickly as we can on people and systems to support that growth.
John Robinson -- President and Chief Executive Officer
Yeah, I'll go -- Budd this is John, one thing I'll add to that which just goes back a bit to Bill's question at the beginning about the year as, we have a lot of moving parts in the Aaron's business and the progress of the business I think we get a little spoiled by the growth these guys deliver. But business of that scale growing that fast despite these guys are managing expenses as well as they have is super impressive to me and the fact that they're able to predict the business as well as they are super impressive. So I just want to make that point and also praise our team for doing such an outstanding job at that, because to grow at that rate, at that scale is really, really challenging and they've just done it in a consistent basis for a long time now, so, it's hard to do.
Budd Bugatch -- Raymond James -- Analyst
Understood and well appreciated, I think I am able understand that. Just for Douglas, just a quick one. Any new issues on store platform or the store population as it -- that you took some actions in the last year to reduce store platform. Where are we on that? Is there anything more that you're looking at as you get to understand the population better?
Douglas Lindsay -- President, Aaron's Business
Yes, I mean we're constantly looking at it, Budd, I mean, as part of our normal real estate process, as we look at the lease expirations to assess are we in the right place, do we need to relocate, what term do we need to put on the lease or do we need to close merge. As you know over the last two years, we've really addressed a lot of our close mergers within a five mile radius. But there are always going to be further opportunities as we look at changing performance in the portfolio. But just rest assured, we're looking at that all the time.
The other thing I want to mention is, obviously we have onboarded 90 franchise stores this quarter and we're constantly looking at kind of the franchise landscape, which is a little over 400 stores now and looking at deals opportunistically there. We're excited about these most recent franchise acquisitions, many of them, like our Out West, but they expand from Out West to Texas, up the East Coast and the integration of that has been a distraction for the team. But they've been putting a lot of hard work and we think that benefits long term with our omnichannel strategy and acquiring those markets is going to be great. So we're really excited about.
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
And I'll add to that, Budd. There -- the team has done an awesome job on that and as Douglas said, the question we get asked and it's a great question. It's something we're trying to figure out is, we know our kind of direct-to-consumer Aaron's model has a great future and in a lot of these -- in these markets, we're in. The question is how many stores you're going to have, what are they going to look like, how do you go to market?
We know we need to have a very strong mobile platform, a very strong e-com platform generally and we believe we need to have a store presence in these markets and we're -- Douglas' team is doing a great work now in figuring out what does that need to look like in markets and we don't think it's one size fits all for all markets. We think metropolitan areas may be very different than more rural areas, but we think we'll have a model that will address all of them. And we're just in the process of figuring that out. And it's a multi-quarter, multi-year process and they are doing a great job of figuring that out while managing the business, very carefully as we go. So, that -- but that -- there's more to come on that is what I would say as we figured out.
Budd Bugatch -- Raymond James -- Analyst
Okay. Thank you very much. Good luck on the fourth quarter and the balance of the year.
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Thank you, Budd.
Douglas Lindsay -- President, Aaron's Business
Thank you.
Operator
Our next question comes from Kyle Joseph of Jefferies. Please go ahead.
Kyle Joseph -- Jefferies -- Analyst
Good morning guys and thanks for taking my questions. Apologies, I hopped on a little late, but if I missed this, but Ryan, if you wouldn't mind giving us sort of your quarterly update on the Progressive competitive environment?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
No, we haven't dealt with that question, yet. Yeah, I'm happy to answer it. Unfortunately, you won't find much new in my response and I apologize in advance for that. It remains a very competitive market as you know and as I mentioned on previous calls, there are literally dozens of competitors out there and it seems many continue to enter the market. The good thing is, it's a large market and I think that obviously is what continues to attract entrance to the market and we obviously benefit from having incomparable scale in the market and referenceable partner base and access to capital and all those other things. But that said, we don't know if it continues to be true that we don't win every opportunity. There's some aggressive pricing out there from folks who have less experience seeing these curves play out and 20 years of experience and knowing the leases puts us in a place we know when to play that game and when not to and we try to maintain that discipline with each new opportunity that we see. So broad strokes continues be very competitive and we continue to be price disciplined.
Kyle Joseph -- Jefferies -- Analyst
Got it and then just transitioning the credit, we've talked a lot about it both in -- in both segments, we're seeing -offs up a little bit and it sounds like a lot of that can be attributable to self-inflicted sort of things. That said, could you guys comment a little bit about the health of the underlying consumer, both in terms of demand as well as credit performance?
John Robinson -- President and Chief Executive Officer
Yes, Kyle this is John and I will say that we are seeing a very tight and strong job market out there. I think we see that on the hiring side. So I think it's as tight as I've ever seen it or as I can remember and wages are going up and you read about credit scores getting generally better. So if you just look at a macro level from a consumer health perspective, it certainly seems to be a strong environment for the consumer. We also have been through a period in my opinion of historic kind of liquidity, that's created tremendous options for customers and which is great and -- but it's also competitive for us. I think as you see rates rise or may be more some tightening there, which could be a tailwind for us. I don't think we've necessarily seen it yet, but hopefully, that will be something that could give us a little bit of a tailwind in the future.
But if -- as you mentioned, if you look at the performance in both of our businesses, we can attribute -- you never know exactly what causes change in write-offs, you don't know for sure. But we have very specific factors in both, that point us in the direction of understanding why we've seen increases and there were levers we pulled in the Aaron's Business and a lot of it on the Progressive side is retailer mix as we've discussed. So, I think that's the best we can give you.
Kyle Joseph -- Jefferies -- Analyst
No. That's helpful. Appreciate it. And then one last one from me, just Ryan, as we think about you guys rolling out on sort of a pure-play, e-commerce, retail partner, can you give us a sense of -- if there's any difference in how you roll out Progressive there? And sort of any different metrics you're looking at, in terms of that specific relationship?
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Yes, it is a bit of a different flow, as you can imagine, we're pretty excited about the early traction we have in that market, and obviously the long-term potential there, that's one solid proof case. The opportunity to expand the offering online. It will obviously look a little different, instead of a dialogue about taking Ups and POP and story, you are having a dialogue about pipe conversion and a bunch of digital metrics and our team is well-versed in those. And I think we'll be a great thought partner for these retail partners, as we grow their e-com businesses. I'm pretty excited about that market.
Kyle Joseph -- Jefferies -- Analyst
Got it. Thanks very much for answering my questions.
Douglas Lindsay -- President, Aaron's Business
Thanks, Kyle.
Operator
Our next question comes from Anthony Chukumba of Loop Capital Markets. Please go ahead.
Anthony Chukumba -- Loop Capital Markets -- Analyst
Good morning and thanks for taking my questions. So, last year --
John Robinson -- President and Chief Executive Officer
Good morning.
Anthony Chukumba -- Loop Capital Markets -- Analyst
You did the FDI franchisee acquisition and then you did this most recent one, this quarter, the 90 franchisees. So I guess, I'm just wondering, is it reasonable to expect that you will be doing additional franchisee acquisitions, going forward? And also, does this signal any kind of shift in terms of your thinking about company-owned stores versus franchisees?
John Robinson -- President and Chief Executive Officer
Yes, Anthony, it's John, thanks for the question. And yes, you're right, we've may -- I think we've acquired 200 plus stores over the last 15 months or so and our mix is about 75% company, 25% franchise. We're not opening any new franchise markets and we have been acquiring franchise stores. So you know, I would expect that percentage of company stores to go up. We've talked about the fact that we have a long term -- long time horizon. We're excited about the market opportunity. We do think there are some advantages for us to control the markets from an innovation perspective and a risk control perspective.
Having said that, I will tell you, we just recently had our franchise -- Annual Franchise Association Meeting and we have some great franchisees. It's a big part of our business still and it's 400 plus stores. They are great partners, they are some great entrepreneurs who give us great ideas, keep our feet to the fire on innovating and getting better and we're going to continue to support them and they're going to continue to be a big part of our business.
To the extent there's opportunities for us to acquire more in attractive markets, I expect we will and we intend to do that over time. But as we've discussed in the past the -- there's only nine or 10 franchisees out there left that have more than 10 stores, I think, something like that. And so the ability to acquire at scale, there is just one or two left really that we could do that. And that's we're talking one or two, one with 50 stores and then beyond that, they get into the 20s kind of and so, the ability to do deals at large scale, it goes down over time as we get into having players with fewer stores. So my expectation is, our strategy on that is the same. My expectation is, we will acquire more, but you probably won't see it in chunks that you've seen it in the last 15 months.
Anthony Chukumba -- Loop Capital Markets -- Analyst
Got it. That's very helpful. And then I just have one follow-up question. Steve, there was a question earlier about the competitive landscape in virtual and to owning, and you talked about there are lot of competitors out there. I guess my question is somewhat related, one of your largest competitors is probably going private and will be capital constrained and I was just wondering, is that an opportunity for Progressive?
John Robinson -- President and Chief Executive Officer
Yes. This is John. I'll take that. I mean the reality of it is, as Ryan said, we haven't seen any changes in the competitive market. I will say -- and so, it's super competitive and if you talk about the team of Progressive, I mean, it just feels very, very competitive. What I will say is, we've had the advantage and we continue to have the advantage of a great balance sheet, that's one of our assets that is real strategic for us on the Progressive side and we start talking to these larger retail partners, it's a real advantage for us to have the balance sheet that we have. And that's across the board.
I don't think there's any other competitor out there that has that. So, we believe that is an advantage for us and that will continue but in terms of any changes in the competitive landscape, we aren't anticipating any shift that would change our strategy. We're just going to keep trying to make our product better, keep providing great service to our customer and our retail partners and by doing that I mean, that's what these guys have been doing. We hope to continue to generate great results.
Anthony Chukumba -- Loop Capital Markets -- Analyst
Got it. Thank you so much, and good luck with the fourth quarter.
John Robinson -- President and Chief Executive Officer
Great. Thank you.
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Thank you.
Operator
This concludes our question-and-answer session. I would like to turn the conference back over to John Robinson for any closing remarks.
John Robinson -- President and Chief Executive Officer
Thank you very much for participating in our call. We look forward to updating you on our fourth quarter on our next call.
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Thank you.
Operator
The conference is now concluded. Thank you for attending today's presentation. You may now disconnect.
Duration: 51 minutes
Call participants:
Michael Dickerson -- Vice President, Investor Relations
John Robinson -- President and Chief Executive Officer
Ryan Woodley -- Chief Executive Officer, Progressive Leasing
Douglas Lindsay -- President, Aaron's Business
Steven Michaels -- Chief Financial Officer
William Chappell -- SunTrust Robinson Humphrey -- Analyst
John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst
Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst
Budd Bugatch -- Raymond James -- Analyst
Anthony Chukumba -- Loop Capital Markets -- Analyst
Kyle Joseph -- Jefferies -- Analyst
More AAN analysis
Transcript powered by AlphaStreet
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company's SEC filings. Please see ourTerms and Conditionsfor additional details, including our Obligatory Capitalized Disclaimers of Liability.
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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.
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 Inc (NYSE: AAN) Q3 2018 Earnings Conference Call Oct. 25, 2018 , 8:30 a.m. Duration: 51 minutes Call participants: Michael Dickerson -- Vice President, Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer, Progressive Leasing Douglas Lindsay -- President, Aaron's Business Steven Michaels -- Chief Financial Officer William Chappell -- SunTrust Robinson Humphrey -- Analyst John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst Budd Bugatch -- Raymond James -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst More AAN analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Also, please see our Form 10-K for the year ended December 31st, 2017, and subsequent filings with the SEC for a description of the risks related to our business that may cause the actual results to differ materially from our forward looking statements.
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Duration: 51 minutes Call participants: Michael Dickerson -- Vice President, Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer, Progressive Leasing Douglas Lindsay -- President, Aaron's Business Steven Michaels -- Chief Financial Officer William Chappell -- SunTrust Robinson Humphrey -- Analyst John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst Budd Bugatch -- Raymond James -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst More AAN analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Aaron's Inc (NYSE: AAN) Q3 2018 Earnings Conference Call Oct. 25, 2018 , 8:30 a.m. Joining me this morning are John Robinson, Aaron's, Inc.'s President and Chief Executive Officer; Ryan Woodley, Chief Executive Officer of Progressive Leasing; Douglas Lindsay, President of the Aaron's Business; and Steve Michaels, Aaron's, Inc.'s Chief Financial Officer and President of Strategic Operations.
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Duration: 51 minutes Call participants: Michael Dickerson -- Vice President, Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer, Progressive Leasing Douglas Lindsay -- President, Aaron's Business Steven Michaels -- Chief Financial Officer William Chappell -- SunTrust Robinson Humphrey -- Analyst John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst Budd Bugatch -- Raymond James -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst More AAN analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Aaron's Inc (NYSE: AAN) Q3 2018 Earnings Conference Call Oct. 25, 2018 , 8:30 a.m. Joining me this morning are John Robinson, Aaron's, Inc.'s President and Chief Executive Officer; Ryan Woodley, Chief Executive Officer of Progressive Leasing; Douglas Lindsay, President of the Aaron's Business; and Steve Michaels, Aaron's, Inc.'s Chief Financial Officer and President of Strategic Operations.
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Duration: 51 minutes Call participants: Michael Dickerson -- Vice President, Investor Relations John Robinson -- President and Chief Executive Officer Ryan Woodley -- Chief Executive Officer, Progressive Leasing Douglas Lindsay -- President, Aaron's Business Steven Michaels -- Chief Financial Officer William Chappell -- SunTrust Robinson Humphrey -- Analyst John Baugh -- Stifel, Nicolaus & Co., Inc. -- Analyst Bradley Thomas -- KeyBanc Capital Markets, Inc. -- Analyst Budd Bugatch -- Raymond James -- Analyst Anthony Chukumba -- Loop Capital Markets -- Analyst Kyle Joseph -- Jefferies -- Analyst More AAN analysis Transcript powered by AlphaStreet This article is a transcript of this conference call produced for The Motley Fool. Aaron's Inc (NYSE: AAN) Q3 2018 Earnings Conference Call Oct. 25, 2018 , 8:30 a.m. Aaron's business transformation initiatives are driving stronger financial performance and we continue to expect that same store revenues will turn positive in the fourth quarter.
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2974dfa4-74db-4a35-9c2b-a8573f079975
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9027.0
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2018-09-18 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for September 19, 2018
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-september-19-2018-2018-09-18
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on September 19, 2018. A cash dividend payment of $0.03 per share is scheduled to be paid on October 05, 2018. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AAN has paid the same dividend. At the current stock price of $51.43, the dividend yield is .23%.
The previous trading day's last sale of AAN was $51.43, representing a -2.41% decrease from the 52 week high of $52.70 and a 49.99% increase over the 52 week low of $34.29.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and Rollins, Inc. ( ROL ). AAN's current earnings per share, an indicator of a company's profitability, is $4.08. Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 33.2%, compared to an industry average of 8.5%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AAN through an Exchange Traded Fund [ETF]?
The following ETF(s) have AAN as a top-10 holding:
SPDR Series Trust SPDR Homebuilders ETF ( XHB )
Invesco S&P MidCap 400 Equal Weight ETF ( EWMC )
GS ActiveBeta U.S. Small Cap Equity ETF ( GSSC )
Invesco FTSE RAFI US 1500 Small-Mid ETF ( PRFZ )
ProShares Trust ( REGL ).
The top-performing ETF of this group is GSSC with an increase of 10.62% over the last 100 days. XHB has the highest percent weighting of AAN at 2.38%.
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.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and Rollins, Inc. ( ROL ). Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 33.2%, compared to an industry average of 8.5%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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The following ETF(s) have AAN as a top-10 holding: SPDR Series Trust SPDR Homebuilders ETF ( XHB ) Invesco S&P MidCap 400 Equal Weight ETF ( EWMC ) GS ActiveBeta U.S. Small Cap Equity ETF ( GSSC ) Invesco FTSE RAFI US 1500 Small-Mid ETF ( PRFZ ) ProShares Trust ( REGL ). 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, Inc. ( AAN ) will begin trading ex-dividend on September 19, 2018.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AAN Dividend History page. The following ETF(s) have AAN as a top-10 holding: SPDR Series Trust SPDR Homebuilders ETF ( XHB ) Invesco S&P MidCap 400 Equal Weight ETF ( EWMC ) GS ActiveBeta U.S. Small Cap Equity ETF ( GSSC ) Invesco FTSE RAFI US 1500 Small-Mid ETF ( PRFZ ) ProShares Trust ( REGL ).
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AAN's current earnings per share, an indicator of a company's profitability, is $4.08. The following ETF(s) have AAN as a top-10 holding: SPDR Series Trust SPDR Homebuilders ETF ( XHB ) Invesco S&P MidCap 400 Equal Weight ETF ( EWMC ) GS ActiveBeta U.S. Small Cap Equity ETF ( GSSC ) Invesco FTSE RAFI US 1500 Small-Mid ETF ( PRFZ ) ProShares Trust ( REGL ). Aaron's, Inc. ( AAN ) will begin trading ex-dividend on September 19, 2018.
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8b788525-9e80-4e8e-879f-45a9c500e2de
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9028.0
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2018-09-17 00:00:00 UTC
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Ex-Dividend Reminder: Tiffany, Aaron's and Ramco-Gershenson Properties Trust
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AAN
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https://www.nasdaq.com/articles/ex-dividend-reminder-tiffany-aarons-and-ramco-gershenson-properties-trust-2018-09-17
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Looking at the universe of stocks we cover at Dividend Channel , on 9/19/18, Tiffany & Co. (Symbol: TIF), Aaron's Inc (Symbol: AAN), and Ramco-Gershenson Properties Trust (Symbol: RPT) will all trade ex-dividend for their respective upcoming dividends. Tiffany & Co. will pay its quarterly dividend of $0.55 on 10/10/18, Aaron's Inc will pay its quarterly dividend of $0.03 on 10/5/18, and Ramco-Gershenson Properties Trust will pay its quarterly dividend of $0.22 on 10/1/18. As a percentage of TIF's recent stock price of $128.41, this dividend works out to approximately 0.43%, so look for shares of Tiffany & Co. to trade 0.43% lower - all else being equal - when TIF shares open for trading on 9/19/18. Similarly, investors should look for AAN to open 0.06% lower in price and for RPT to open 1.60% lower, all else being equal.
Below are dividend history charts for TIF, AAN, and RPT, showing historical dividends prior to the most recent ones declared.
Tiffany & Co. (Symbol: TIF) :
Aaron's Inc (Symbol: AAN) :
Ramco-Gershenson Properties Trust (Symbol: RPT) :
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.71% for Tiffany & Co., 0.23% for Aaron's Inc, and 6.40% for Ramco-Gershenson Properties Trust .
In Monday trading, Tiffany & Co. shares are currently down about 0.2%, Aaron's Inc shares are off about 0.3%, and Ramco-Gershenson Properties Trust shares are off about 0.1% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/19/18, Tiffany & Co. (Symbol: TIF), Aaron's Inc (Symbol: AAN), and Ramco-Gershenson Properties Trust (Symbol: RPT) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for AAN to open 0.06% lower in price and for RPT to open 1.60% lower, all else being equal. Below are dividend history charts for TIF, AAN, and RPT, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/19/18, Tiffany & Co. (Symbol: TIF), Aaron's Inc (Symbol: AAN), and Ramco-Gershenson Properties Trust (Symbol: RPT) will all trade ex-dividend for their respective upcoming dividends. Tiffany & Co. (Symbol: TIF) : Aaron's Inc (Symbol: AAN) : Ramco-Gershenson Properties Trust (Symbol: RPT) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for AAN to open 0.06% lower in price and for RPT to open 1.60% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/19/18, Tiffany & Co. (Symbol: TIF), Aaron's Inc (Symbol: AAN), and Ramco-Gershenson Properties Trust (Symbol: RPT) will all trade ex-dividend for their respective upcoming dividends. Tiffany & Co. (Symbol: TIF) : Aaron's Inc (Symbol: AAN) : Ramco-Gershenson Properties Trust (Symbol: RPT) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for AAN to open 0.06% lower in price and for RPT to open 1.60% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/19/18, Tiffany & Co. (Symbol: TIF), Aaron's Inc (Symbol: AAN), and Ramco-Gershenson Properties Trust (Symbol: RPT) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for AAN to open 0.06% lower in price and for RPT to open 1.60% lower, all else being equal. Below are dividend history charts for TIF, AAN, and RPT, showing historical dividends prior to the most recent ones declared.
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52c3f929-10a1-4db1-9e33-e43ff6c6ace7
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9029.0
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2018-09-11 00:00:00 UTC
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Aaron's Hits 52-Week High: Business Segments Aid Growth
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AAN
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https://www.nasdaq.com/articles/aarons-hits-52-week-high%3A-business-segments-aid-growth-2018-09-11
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Shares of Aaron's, Inc.AAN touched a 52-week high of $51.77, before closing the session a tad lower at $51.25 on Sep 10. Clearly, the company has been gaining from significant growth at the Progressive segment and notable improvement in the Aaron's Business division. Recently, the company bought 90 Aaron's-branded franchised stores, which are expected to strengthen its omnichannel capabilities.
Also, improvements in average ticket size, customer retention rates and collections drove the company's second-quarter 2018 results. Meanwhile, management reiterated its guidance for 2018. Markedly, the stock gained 5% since the announcement of its quarterly results on Jul 26. (Read: Aaron's Beats on Q2 Earnings & Sales, Retains '18 View )
In the past three months, this Zacks Rank #3 (Hold) stock has rallied approximately 21%, outperforming its industry 's and S&P 500 index's growth of 7.1% and 2.4%, respectively.
Further, Aaron's price to book ratio of 2 compared with that of industry's 4.1 indicate that the stock has enough upside potential. A more-or-less similar picture emerges when comparing EV/EBITDA ratios. Aaron's holds the edge here with an EV/EBITDA ratio of 2 lower than 5.1 for the industry.
Moreover, impressive estimate revision trend for the current and next year buoys optimism. Over the past 60 days, the Zacks Consensus Estimate has moved up by 7 cents and 9 cents to $3.41 and $3.94, respectively.
Factor's Anchoring Growth
Aaron's Progressive segment, which covers the virtual lease-to-own business, is performing exceedingly well since last several quarters. Notably, robust growth in number of active doors, invoice volume and a solid customer base led to the impressive performance. In second-quarter 2018, the segment's revenues surged 29.5% year over year backed by a 24.7% increase in invoice volume owing to a 6% improvement in active doors and 17.6% growth in invoice volume per active door. As of Jun 30, 2018, this division had 758,000 customers.
As a result, revenues at the Progressive division are estimated to be between $1.95 billion and $2.05 billion in 2018, significantly up from $1.57 billion last year. This, in turn, should drive top-line growth and boost profitability.
In the meantime, the company's Aaron's Business looks promising. In the second quarter, sales at the segment edged up 0.3%, marking an improvement from the trend of posting sales decline in the preceding quarters. Further, the segment's lease revenues and fees grew 5.1% from the year-ago period number. In July, the company bought Aaron's-branded franchised stores to strengthen the company's omni-channel capabilities. These efforts are likely to enhance the Aaron's Business segment's performance and raise confidence in the company.
Moving ahead, these factors are likely to continue favor the stock and help retain the momentum.
Let Your Portfolio See Growth: 3 Stocks to Buy
Boot Barn Holdings, Inc. BOOT pulled off an average positive earnings surprise of 31.8% in the trailing four quarters. The company sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Conn's, Inc. CONN has a long-term earnings growth rate of 23% and a Zacks Rank #2 (Buy).
Five Below, Inc. FIVE delivered an average positive earnings surprise of 14.8% in the trailing four quarters. It has a long-term earnings growth rate of 28% and a Zacks Rank of 2.
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Five Below, Inc. (FIVE): Free Stock Analysis Report
Boot Barn Holdings, Inc. (BOOT): 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.
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 Aaron's, Inc.AAN touched a 52-week high of $51.77, before closing the session a tad lower at $51.25 on Sep 10. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. (Read: Aaron's Beats on Q2 Earnings & Sales, Retains '18 View ) In the past three months, this Zacks Rank #3 (Hold) stock has rallied approximately 21%, outperforming its industry 's and S&P 500 index's growth of 7.1% and 2.4%, respectively.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Aaron's, Inc.AAN touched a 52-week high of $51.77, before closing the session a tad lower at $51.25 on Sep 10. Clearly, the company has been gaining from significant growth at the Progressive segment and notable improvement in the Aaron's Business division.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Aaron's, Inc.AAN touched a 52-week high of $51.77, before closing the session a tad lower at $51.25 on Sep 10. Clearly, the company has been gaining from significant growth at the Progressive segment and notable improvement in the Aaron's Business division.
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Shares of Aaron's, Inc.AAN touched a 52-week high of $51.77, before closing the session a tad lower at $51.25 on Sep 10. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report Boot Barn Holdings, Inc. (BOOT): Free Stock Analysis Report To read this article on Zacks.com click here. Clearly, the company has been gaining from significant growth at the Progressive segment and notable improvement in the Aaron's Business division.
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31870b78-d2b6-4cc3-b1ce-18d79a523812
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9030.0
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2018-08-27 00:00:00 UTC
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Is Aaron's (AAN) a Suitable Stock for Value Investors Now?
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AAN
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https://www.nasdaq.com/articles/is-aarons-aan-a-suitable-stock-for-value-investors-now-2018-08-27
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nan
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nan
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Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Aaron's has a trailing twelve months PE ratio of 18.5, as you can see in the chart below:
This level actually compares pretty favorably with the market at large, as the PE for the S&P 500 stands at about 19.9. If we focus on the long-term PE trend, Aaron's current PE level puts it above its midpoint over the past five years.
Further, the stock's PE also compares favorably with the sector's trailing twelve months PE ratio, which stands at 30.6. At the very least, this indicates that the stock is relatively undervalued right now, compared to its peers.
We should also point out that Aaron's has a forward PE ratio (price relative to this year's earnings) of just 14.8, so it is fair to say that a slightly more value-oriented path may be ahead for Aaron's stock in the near term too.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Aaron's has a P/S ratio of about 1.0. This is lower than the S&P 500 average, which comes in at 3.5 right now. As we can see in the chart below, this is just slightly below the highs for this stock in particular over the past few years.
AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales.
Broad Value Outlook
In aggregate, Aaron's currently has a Zacks Value Style Score of A, putting it into the top 20% of all stocks we cover from this look. This makes Aaron's a solid choice for value investors, and some of its other key metrics make this pretty clear too.
For example, its P/CF ratio (another great indicator of value) comes in at 2.1, which is far better than the industry average of 14.1. Clearly, AAN is a solid choice on the value front from multiple angles.
What About the Stock Overall?
Though Aaron's might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth grade of F and a Momentum score of B. This gives AAN a Zacks VGM score-or its overarching fundamental grade-of C. (You can read more about the Zacks Style Scores here >> )
Meanwhile, the company's recent earnings estimates have been mixed at best. The current quarter has seen three estimates go higher in the past sixty days compared to four lower, while the full year estimate has seen seven upward and no downward revisions in the same time period.
As a result, the current quarter consensus estimate has fallen by 1.3% in the past two months, while the full year estimate has increased 1.8%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
This somewhat mixed trend is why the stock has just a Zacks Rank #3 (Hold) and why we are looking for in-line performance from the company in the near term.
Bottom Line
Aaron's is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Moreover, a strong industry rank (Top 46% out of more than 250 industries) further supports the growth potential of the stock. In fact, over the past two years, the industry has outperformed the broader market, as you can see below:
However, with a Zacks Rank #3, it is hard to get too excited about this company overall. So, value investors might want to wait for estimates and analyst sentiment to turn around in this name first, but once that happens, this stock could be a compelling pick.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
Aaron's, 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.
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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AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. Clearly, AAN is a solid choice on the value front from multiple angles.
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Let's put Aaron's, Inc.AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. AAN is actually in the higher zone of its trading range in the time period per the P/S metric, which suggests that the company's stock price has already appreciated to some degree, relative to its sales. Clearly, AAN is a solid choice on the value front from multiple angles.
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52a60335-a2a4-446f-8021-f292d401de07
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9031.0
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2018-08-27 00:00:00 UTC
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5 Financial Stocks to Buy With the Market at All-Time Highs
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AAN
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https://www.nasdaq.com/articles/5-financial-stocks-to-buy-with-the-market-at-all-time-highs-2018-08-27
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Back in the late 1990s, I took a job at a small brokerage house in Manhattan. Tech stocks were all the rage. But my training broker was pushing financial stocks.
His thesis was simple. Bank deregulation - spurred by the repeal of Glass-Steagall in 1999 - was inevitable. And so the trade was to buy smaller regional banks, collect a healthy dividend, and wait for the buyout.
In 1999, of course, this strategy seemed foolish, and the other brokers at the firm let him know it. So did many of his customers, upset at missing the huge gains in tech seen in the second half of that decade. Within a year, the bubble had burst, the firm was on its way to insolvency, and the broker's customers had escaped the carnage. Over coming years, the thesis would play out perfectly, and he and his customers would be rewarded for their patience.
It's not hard to wonder if we might be at a similar point in the market right now. Tech valuations across the board - whether it's Amazon.com (NASDAQ: AMZN ), Netflix (NASDAQ: NFLX ), or the myriad software stocks trading at over 10x revenue - seem stretched, to say the least. Financials have on the whole underperformed, even with a strong rally since the U.S. presidential election. Particularly outside of areas like payments, which are seeing huge valuations, financials look something close to out of favor again.
15 Services Stocks to Buy for a Piece of U.S. Economic Growth
There's a case then that it might be time, again, to rotate into financials and away from tech. For investors who believe that case, here are 5 financial stocks that look like solid plays in (and sometimes around) the financial space.
5 Financial Stocks to Buy: Bank of America (BAC)
Source: Shutterstock
On the big bank side of the financial sector, I see two clear buys. The first is Bank of America (NYSE: BAC ).
I've been recommending BAC stock for some time now, and most recently last week . And around $30, the bull case here still holds. BofA is performing well, with costs under control and credit quality excellent. Sub-11x forward P/E and a 1.3x price to book multiples leave the stock still cheap. The economy is strong, and Fed rate hikes should help earnings into 2019.
Admittedly, there has been a bit of a "sell the news" reaction to the bull case for BAC of late. The catalysts here are widely known - yet the stock is up barely 4% so far this year. From here, though the pause in the stock's post-election run simply gives investors a buying opportunity to own a well-run big bank with a nearly 2% yield and solid potential upside.
5 Financial Stocks to Buy: JPMorgan Chase (JPM)
Source: Shutterstock
The other choice among big banks is JPMorgan Chase (NYSE: JPM ). Like BAC, JPM is essentially well run. And there are a number of growth opportunities. The consumer business remains well-positioned, with the Chase Sapphire Reserve taking market share from American Express (NYSE: AXP ) and other rivals. JPMorgan now is extending that brand to checking accounts. The company is becoming a legitimate player in ETFs .
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Investment banking performance remains strong as well, with revenue up 18% in an impressive second quarter . This is a bank running on all cylinders and - along with BofA - one notably lacking the problems at rivals. Wells Fargo (NYSE: WFC ) continues to struggle with regulatory issues. The turnaround at Citigroup (NYSE: C ) isn't quite good enough . JPM (up 7% YTD) and BAC haven't exactly set the market on fire in 2018, but both WFC and C are down this year. I'd expect the outperformance of both BAC and JPM to continue going forward.
5 Financial Stocks to Buy: Aaron's (AAN)
Source: Dwight Burdette via WikiMedia Commons
Aaron's (NYSE: AAN ) might seem an odd choice for a list of financial stocks. The rent-to-own giant generally is grouped more with retailers like Best Buy (NYSE: BBY ) and La-Z-Boy (NYSE: LZB ), given its heavy reliance on furniture and electronics sales and rentals.
However, the namesake business still finances the majority of its sales, which adds another layer to the traditional retail business model. And ore importantly, the Aaron's business no longer is the driver behind AAN stock. That distinction goes to the company's fast-growing Progressive unit . Progressive offers rent-to-own financing for customers of traditional retailers, with clients including electronics retailer Conn's (NASDAQ: CONN ) and Signet Jewelers (NYSE: SIG ). The unit is guided to generate more than half of the company's consolidated profit this year. And at this point, it probably accounts for two-thirds of AAN's valuation, if not more.
And Progressive continues to impress. A disappointing Q1 report raised some concerns, but Progressive roared back in Q2. Revenue rose almost 30% year-over-year in the quarter, with doors (the number of retail stores using the service) up 6% and invoices per door up nearly 18%. Margins did come down, and bad debt rose, but the figures on both fronts remain well within the company's target range. Meanwhile, the legacy business is undergoing a turnaround, with management looking for comps to turn positive by the fourth quarter.
AAN has run rather sharply of late, reaching an all-time high after an initially mixed response to Q2 numbers. Investors might want to hope for a pullback. The move to Progressive also increases credit risk. Still, the stock is trading at a reasonable 15x EPS. And if Progressive continues its growth trend, that multiple will prove to be far too low.
5 Financial Stocks to Buy: HDFC Bank (HDB)
Source: Sanyam Bahga via Flickr
China seems to get much of the investor attention towards emerging market stocks , but India provides another growing market with a population over 1 billion and an expanding middle class. HDFC Bank (NYSE: HDB ) is the largest private bank in the country - and an interesting play on India's growth.
The story here isn't perfect. HDB trades at a substantial premium to US and European banks. The forward P/E multiple is over 22x and price to book is a bit over 5x. India's economic growth remains solid - but like all emerging markets, it also remains high risk. HDB's exposure to lending in that economy only adds to the risk.
7 Stocks to Buy Amid Trade War Fears
Still, there's an interesting story here. HDB has been a star performer, more than tripling since the beginning of 2014. And the stock has pulled back about 11% just since last month. The growth potential here is self-evident and should last for years - if not decades - to come. The CEO of rival ICICI Bank (NYSE: IBN ) is on leave amid a investigation into that bank's practices - perhaps creating an opening for HDFC to take more share. There may be some ups and downs, as often is the case with emerging market stocks, but HDB should be worth the volatility.
5 Financial Stocks to Buy: MetLife (MET)
Source: Shutterstock
MetLife (NYSE: MET ) is in an interesting spot at the moment. Investors generally buy insurance stocks like MET for safety income. And MET does provide income, with a 3.6% dividend yield at the moment. But safety - at the moment - is a bit harder to find.
MET shares plunged back in January as the company delayed its Q4 report and disclosed material weakness in internal controls. When those Q4 earnings finally were released, they missed consensus estimates badly. Unsurprisingly, regulators have been eyeing the company since - always a risk in such a tightly controlled industry as insurance.
Even with the bad news, though, there's some hope for MET. I wrote after that Q4 report that MetLife had at least calmed the market's nerves . And the stock has stabilized in the last six months. And there's a base here for more upside. MET trades at less than 10x earnings and 0.87x book value. Investor confidence alone could expand those multiples. Something like 12x P/E and ~1x book would suggest 15-20% upside - in addition to the 3.6% dividend.
There are risks here, notably the old saw that "there's never just one cockroach". But given time, MetLife should be able to fix its problems. And that should be enough to allow MET to re-rate higher.
As of this writing, Vince Martin has no positions in any securities mentioned.
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The post 5 Financial Stocks to Buy With the Market at All-Time Highs appeared first on InvestorPlace .
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.
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5 Financial Stocks to Buy: Aaron's (AAN) Source: Dwight Burdette via WikiMedia Commons Aaron's (NYSE: AAN ) might seem an odd choice for a list of financial stocks. And ore importantly, the Aaron's business no longer is the driver behind AAN stock. And at this point, it probably accounts for two-thirds of AAN's valuation, if not more.
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5 Financial Stocks to Buy: Aaron's (AAN) Source: Dwight Burdette via WikiMedia Commons Aaron's (NYSE: AAN ) might seem an odd choice for a list of financial stocks. And ore importantly, the Aaron's business no longer is the driver behind AAN stock. And at this point, it probably accounts for two-thirds of AAN's valuation, if not more.
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5 Financial Stocks to Buy: Aaron's (AAN) Source: Dwight Burdette via WikiMedia Commons Aaron's (NYSE: AAN ) might seem an odd choice for a list of financial stocks. And ore importantly, the Aaron's business no longer is the driver behind AAN stock. And at this point, it probably accounts for two-thirds of AAN's valuation, if not more.
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5 Financial Stocks to Buy: Aaron's (AAN) Source: Dwight Burdette via WikiMedia Commons Aaron's (NYSE: AAN ) might seem an odd choice for a list of financial stocks. And ore importantly, the Aaron's business no longer is the driver behind AAN stock. And at this point, it probably accounts for two-thirds of AAN's valuation, if not more.
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4cabd2c8-3987-4c84-8784-5b70827fa43d
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9032.0
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2018-07-30 00:00:00 UTC
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AAN Makes Notable Cross Below Critical Moving Average
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AAN
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https://www.nasdaq.com/articles/aan-makes-notable-cross-below-critical-moving-average-2018-07-30
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nan
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nan
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $42.06, changing hands as low as $41.73 per share. Aaron's Inc shares are currently trading down about 3.5% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:
Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $50.80 as the 52 week high point - that compares with a last trade of $41.99.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
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.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $42.06, changing hands as low as $41.73 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $50.80 as the 52 week high point - that compares with a last trade of $41.99. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $42.06, changing hands as low as $41.73 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $50.80 as the 52 week high point - that compares with a last trade of $41.99. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $42.06, changing hands as low as $41.73 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $50.80 as the 52 week high point - that compares with a last trade of $41.99. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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 trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $42.06, changing hands as low as $41.73 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $50.80 as the 52 week high point - that compares with a last trade of $41.99. Click here to find out which 9 other stocks recently crossed below their 200 day moving average » 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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44326c1f-b3af-4435-ba9d-fd02d0d8cf67
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9033.0
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2018-07-27 00:00:00 UTC
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Aaron's (AAN) Beats on Q2 Earnings & Sales, Retains '18 View
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AAN
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https://www.nasdaq.com/articles/aarons-aan-beats-on-q2-earnings-sales-retains-18-view-2018-07-27
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nan
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nan
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After reporting a negative earnings surprise in first-quarter 2018, Aaron's, Inc.AAN delivered a positive surprise in the second quarter. Also, the company's top line surpassed estimates for the sixth straight quarter. In fact, both earnings and sales improved on a year-over-year basis. Management reiterated its outlook for 2018 as well.
Results were driven by significant growth at the Progressive segment and notable improvement in the Aaron's Business division. Improvements in average ticket size, customer retention rates and collections also contributed to the company's impressive performance in the quarter under review.
In the past month, shares of this Zacks Rank #3 (Hold) company have gained 11.6%, outperforming the industry 's 1.9% rise.
Q2 Highlights
Aaron's delivered adjusted earnings of 84 cents per share, which surpassed the Zacks Consensus Estimate of 76 cents and increased 23.5% from the prior-year quarter.
Including one-time items, the company reported GAAP earnings per share of 54 cents, up from 51 cents in the year-ago quarter. The metric gained from higher sales and lower U.S. corporate tax rate.
Revenues totaled $927.9 million, up 13.8% year over year and marginally came ahead of the Zacks Consensus Estimate of $926 million. The upside was driven by substantial increase in progressive leasing revenues.
Comparable-store sales (comps) at company-operated stores dropped 1.8%. Further, the customer count on a same-store basis dipped 4.3%. At quarter end, the company-operated Aaron's stores had 956,000 customers, reflecting a 2.6% year-over-year increase.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
Aaron's franchisee revenues declined 23.6% to $158.1 million in the first six months of 2018. Same-store sales for franchised stores and same-store customer counts decreased 2.7% and 4.5%, respectively, in the reported quarter. In fact, the franchisees had a customer base of 386,000, at the end of Jun 30, 2018.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved 1.4% year over year to $97 million. However, the adjusted EBITDA margin contracted 120 basis points (bps) to about 10.5% in the quarter under review.
Segment Details
Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business (Progressive Leasing), Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as Aaron's Business), and Dent-A-Med, Inc. - DAMI.
Progressive Leasing
Sales at this segment summed $483.7 million in the reported quarter, up 29.5% year over year. Additionally, invoice volume rose 24.7% owing to a 6% improvement in active doors and 17.6% growth in invoice volume per active door. As of Jun 30, 2018, this division had 758,000 customers, mirroring 17.3% growth year over year.
Moreover, the segment's adjusted EBITDA was $55.8 million, up 11.6% from the year-ago quarter. However, adjusted EBITDA margin contracted 190 bps to 11.5%.
Aaron's Business
Total sales at the Aaron's Business segment inched up 0.3% to $435 million. Non-retail sales fell 22.9% on a year-over-year basis. However, lease revenues and fees for the three months (ended Jun 30, 2018) grew 5.1% from the year-ago period.
Adjusted EBITDA at this division was $42.4 million, down 9.2% from the year-ago figure of $46.7 million. Also, adjusted EBITDA margin contracted 110 bps to 9.7%.
DAMI
Sales at the DAMI segment amounted to $9.2 million, up from $8.5 million in the year-ago period.
Financial Position
Aaron's ended the quarter with cash and cash equivalents of $94.3 million, debt of $272.9 million and shareholders' equity of $1,744.8 million.
Moreover, the company repurchased 1,233,670 shares for $50 million in the quarter. Currently, it has an authorization to repurchase $431.6 million.
During the first six months of 2018, the company generated cash from operations of $266.8 million.
Store Update
In the quarter under review, Aaron's had purchased three franchised stores and six consolidated company-operated stores. Further, in July 2018, it bought 90 Aaron's-branded franchised stores worth $126.8 million.
As of Jun 30, 2018, the Aaron's Business segment had 1,179 company-operated stores and 530 franchised stores.
2018 Guidance
Management remains impressed with Aaron's solid second-quarter performance, wherein it witnessed higher profits and sales. Notably, the buyout of Aaron's-branded franchised stores is expected to strengthen the company's omnichannel capabilities.
Following the quarterly results, the company reiterated its guidance for 2018. It anticipates comparable store sales from the Aaron's Business segment to come in at the favorable end of the previous guided range of negative 4% to negative 1%.
Aaron's continues to expect total sales to be between $3.68 billion and $3.89 billion. Adjusted earnings are still anticipated in the band of $3.20-3.50 per share. Notably, this guidance excludes the Progressive segment and franchisee acquisition associated with intangible amortization along with the future one-time or unusual items. This apart, projections for GAAP earnings continue to be in the band of $2.90-$3.20 per share.
Total sales at the Aaron's Business segment are still projected to be in the band of $1.70-$1.80 billion, which comprises lease revenues of $1.40-$1.50 billion. While sales at the Progressive segment are envisioned to be between $1.95 billion and $2.05 billion, the same at the DAMI segment are projected to be in the $30-$40 million band.
The company's EBITDA is still expected to be in $380-$413 million range. On a segmental basis, Aaron's Business' adjusted EBITDA is continued to be anticipated in the $170-$185 million band. EBITDA at the Progressive division is envisioned in the range of $215-$230 million. For the DAMI segment, its EBITDA is still projected to decline $2-$5 million.
Looking for Better-Ranked Retail Stocks? Check These
Best Buy Co., Inc. BBY delivered an average positive earnings surprise of 8.9% in the trailing four quarters. The company carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Conn's, Inc. CONN has a long-term earnings growth rate of 23% and a Zacks Rank of 2.
Five Below, Inc. FIVE , also a Zacks Rank #2 stock, has an impressive long-term earnings growth rate of 27.7%.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Five Below, Inc. (FIVE): 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.
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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After reporting a negative earnings surprise in first-quarter 2018, Aaron's, Inc.AAN delivered a positive surprise in the second quarter. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Improvements in average ticket size, customer retention rates and collections also contributed to the company's impressive performance in the quarter under review.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. After reporting a negative earnings surprise in first-quarter 2018, Aaron's, Inc.AAN delivered a positive surprise in the second quarter. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Aaron's franchisee revenues declined 23.6% to $158.1 million in the first six months of 2018.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. After reporting a negative earnings surprise in first-quarter 2018, Aaron's, Inc.AAN delivered a positive surprise in the second quarter. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Aaron's franchisee revenues declined 23.6% to $158.1 million in the first six months of 2018.
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After reporting a negative earnings surprise in first-quarter 2018, Aaron's, Inc.AAN delivered a positive surprise in the second quarter. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the company repurchased 1,233,670 shares for $50 million in the quarter.
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14b4e7ce-8e85-4783-8155-2a9a85574ece
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9034.0
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2018-07-19 00:00:00 UTC
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Will Aaron's (AAN) Progressive Business Unit Aid Q2 Earnings?
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AAN
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https://www.nasdaq.com/articles/will-aarons-aan-progressive-business-unit-aid-q2-earnings-2018-07-19
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nan
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nan
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Aaron's, Inc.AAN is scheduled to report second-quarter 2018 results on Jul 26. The company boasts an impressive earnings surprise history, having surpassed estimates in six of the trailing eight quarters.
The Zacks Consensus Estimate for the second quarter is pegged at 77 cents, reflecting 13.2% growth from the year-ago quarter. Notably, estimates have moved south by a penny over the past 30 days.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
Notably, analysts polled by Zacks expect revenues of $925.4 million, up 13.5% from the year-ago quarter. Apart from robust earnings history, Aaron's has an impressive top-line trend. It has delivered sales beat for five straight quarters now. Also, revenues in first-quarter 2018 were up 13% year over year, mainly driven by progressive leasing revenues.
How Things Are Shaping Up Before Earnings Release
Aaron's Progressive division has been performing exceedingly well since last few quarters, courtesy of solid growth in number of active doors and a strong customer base. In first-quarter 2018, revenues at this segment's surged 32.9% driven by a 10% rise in the number of active doors and 20% growth in invoice volume per active door. Robust performance at this segment is likely to continue in the second quarter as well backed by management's upbeat guidance for 2018. This, in turn, will boost the company's top-line growth and profitability.
However, Aaron's is witnessing sluggishness across its Aaron's Business segment for the past few quarters due to lower non-retail sales, weak comparable-store sales (comps) and lower franchisee revenues. Also, soft customer counts and waning store traffic are denting the company's comps for quite a while now. Evidently, comps dropped 4.4%, 5.4%, 5.6%, 8.1% and 9.3% in the first quarter of 2018, fourth, third, second and first quarters of 2017, respectively. In first-quarter 2018, non-retail sales declined 23.2% year over year.
Although management is making investments in its Aaron's Business segment to enhance direct-to-consumer platform and boost growth, it remains to be seen whether it can deliver improved sales and revive the segment's performance. Meanwhile, we believe the Progressive segment will continue helping the company to sail through tough times.
Zacks Model
Our proven model does not conclusively show that Aaron's is likely to beat earnings estimates this quarter. This is because a stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Though Aaron's Earnings ESP of +3.32% increases the predictive power of an earnings beat, the company's Zacks Rank #4 (Sell) makes surprise prediction difficult.
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 beat estimates:
Urban Outfitters, Inc. URBN has an Earnings ESP of +1.46% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
The Home Depot, Inc. HD has an Earnings ESP of +2.22% and a Zacks Rank of 3.
GameStop Corp. GME has an Earnings ESP of +2.13% and a Zacks Rank #3.
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The Home Depot, Inc. (HD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Urban Outfitters, Inc. (URBN): Free Stock Analysis Report
GameStop Corp. (GME): 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.
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, Inc.AAN is scheduled to report second-quarter 2018 results on Jul 26. Click to get this free report The Home Depot, Inc. (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report To read this article on Zacks.com click here. The company boasts an impressive earnings surprise history, having surpassed estimates in six of the trailing eight quarters.
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Click to get this free report The Home Depot, Inc. (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to report second-quarter 2018 results on Jul 26. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Notably, analysts polled by Zacks expect revenues of $925.4 million, up 13.5% from the year-ago quarter.
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Click to get this free report The Home Depot, Inc. (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to report second-quarter 2018 results on Jul 26. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Notably, analysts polled by Zacks expect revenues of $925.4 million, up 13.5% from the year-ago quarter.
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Aaron's, Inc.AAN is scheduled to report second-quarter 2018 results on Jul 26. Click to get this free report The Home Depot, Inc. (HD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Urban Outfitters, Inc. (URBN): Free Stock Analysis Report GameStop Corp. (GME): Free Stock Analysis Report To read this article on Zacks.com click here. Evidently, comps dropped 4.4%, 5.4%, 5.6%, 8.1% and 9.3% in the first quarter of 2018, fourth, third, second and first quarters of 2017, respectively.
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ad856cb5-2d05-46e0-a363-2a0158fef8d0
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9035.0
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2018-07-10 00:00:00 UTC
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Can Aaron's (AAN) Bank on Progressive Unit for a Turnaround?
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AAN
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https://www.nasdaq.com/articles/can-aarons-aan-bank-on-progressive-unit-for-a-turnaround-2018-07-10
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nan
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nan
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Shares of Aaron's, Inc.AAN have declined 3.9% in the past three months due to lower-than-expected earnings in first-quarter 2018. Moreover, softness across its Aaron's Business segment remains a major concern. In contrast, the industry reflected a growth of 4.4% in the same period.
Additionally, analysts' concerns for the company's performance in the future are reflected in the downward revisions in its forward earnings estimates. The Zacks Consensus Estimate of 77 cents for the second quarter and $3.34 for 2018 has moved south by a penny each in the last seven days. Management envisions adjusted earnings per share in the band of $3.20-3.50 for 2018.
Given this backdrop, let's delve deep to find out the factors that are affecting this Zacks Rank #4 (Sell) company's performance and its strategies to offset the hurdles. The stock's dismal run on bourses is also evident from its Momentum Score of F.
Reasons Behind Dismal Price Performance
Aaron's is witnessing sluggishness across its Aaron's Business segment for the past few quarters due to lower non-retail sales, weak comparable-store sales (comps) and lower franchisee revenues. In first-quarter 2018, non-retail sales declined 23.2% year over year, though it was slightly offset by lease revenues and fees.
Adjusted EBITDA for the segment was down 21.6% and EBITDA margin contracted 250 basis points (bps). This has been denting the company's overall EBITDA that decreased 14% year over year, with EBITDA margin contraction of 310 bps in the first quarter.
Comps at company-operated stores dropped 4.4% with franchisee revenues declining 23.2%. In fact, lower comps due to soft customer counts and waning store traffic has also been a major headwind in recent quarters. Notably, comps declined 5.4%, 5.6% and 8.1% in the fourth, third and second quarters of 2017, respectively.
Unfortunately, the trend is likely to continue in 2018 as well. Though comps for the Aaron's business are anticipated to come in at the favorable end of its previous guidance of negative 4% to negative 1%, it still reflects a decline.
Stiff competition from well-established providers of lease-to-own stores, virtual lease-to-own operators, traditional and e-commerce players remains an additional concern.
Can Aaron's Progressive Unit Aid a Turnaround?
Aaron's Progressive segment, which deals in the virtual lease-to-own business, has been performing exceedingly well since last few quarters. Notably, robust growth in number of active doors, invoice volume per active door and a solid customer base has been aiding the segment's impressive performance. In first-quarter 2018, the segment's revenues surged 32.9% driven by a 10% rise in the number of active doors and 20% growth in invoice volume per active door.
Solid performance at this segment is likely to continue in the future backed by management's upbeat guidance for 2018. Revenues at the Progressive division are envisioned between $1.95 billion and $2.05 billion, significantly up from $1.57 billion in 2017. This, in turn, should drive top-line growth and boost profitability.
Further, the company's surprise history gives a warming picture. Although Aaron's missed earnings estimates in first-quarter 2018, it has delivered positive earnings surprise in six of the trailing eight quarters. Moreover, sales have outpaced estimates in the trailing five quarters.
This apart, Aaron's ability to generate optimum operating cash flow helped management to execute its strategies such as enhancement of product and brand offerings and building operational infrastructure. The company's commitment to return value to shareholders through share repurchases is also commendable. These moves underscore Aaron's cash flow generation capacity, confidence in its prospects and focus on boosting shareholders value.
With so many positives in the pipeline, we believe there is surely hope for the company's revival. However, it remains to be seen how fast the company can reverse the aforementioned headwinds.
Looking for Better-Ranked Retail Stocks? Check These
Conn's, Inc. CONN has a long-term earnings growth rate of 23% and a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Five Below, Inc. FIVE has an impressive long-term earnings growth rate of 27.7% and a Zacks Rank #2 (Buy).
Burlington Stores, Inc. BURL is a Zacks #2 Ranked stock and has pulled off an average positive earnings surprise of 17.8% in the trailing four quarters.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Burlington Stores, Inc. (BURL): Free Stock Analysis Report
Five Below, Inc. (FIVE): 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.
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 Aaron's, Inc.AAN have declined 3.9% in the past three months due to lower-than-expected earnings in first-quarter 2018. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Given this backdrop, let's delve deep to find out the factors that are affecting this Zacks Rank #4 (Sell) company's performance and its strategies to offset the hurdles.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Aaron's, Inc.AAN have declined 3.9% in the past three months due to lower-than-expected earnings in first-quarter 2018. The stock's dismal run on bourses is also evident from its Momentum Score of F. Reasons Behind Dismal Price Performance Aaron's is witnessing sluggishness across its Aaron's Business segment for the past few quarters due to lower non-retail sales, weak comparable-store sales (comps) and lower franchisee revenues.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Shares of Aaron's, Inc.AAN have declined 3.9% in the past three months due to lower-than-expected earnings in first-quarter 2018. The stock's dismal run on bourses is also evident from its Momentum Score of F. Reasons Behind Dismal Price Performance Aaron's is witnessing sluggishness across its Aaron's Business segment for the past few quarters due to lower non-retail sales, weak comparable-store sales (comps) and lower franchisee revenues.
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Shares of Aaron's, Inc.AAN have declined 3.9% in the past three months due to lower-than-expected earnings in first-quarter 2018. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Burlington Stores, Inc. (BURL): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Although Aaron's missed earnings estimates in first-quarter 2018, it has delivered positive earnings surprise in six of the trailing eight quarters.
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aeedf78c-0789-4993-a2c5-dbf9cb123a7d
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9036.0
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2018-06-21 00:00:00 UTC
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Revival of North America Sales to Aid NIKE (NKE) Q4 Earnings
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AAN
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https://www.nasdaq.com/articles/revival-of-north-america-sales-to-aid-nike-nke-q4-earnings-2018-06-21
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nan
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nan
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NIKE Inc.NKE is slated to release fourth-quarter fiscal 2018 results on Jun 28. The question lingering in investors' minds is whether this leading sports apparel retailer will be able to post positive earnings surprise in the quarter to be reported.
In the last reported quarter, the company delivered a positive earnings surprise of nearly 30.8%. Moreover, it has maintained a spectacular record for more than three years, delivering positive earnings surprises for 23 straight quarters. In the trailing four quarters, the company recorded an average positive earnings surprise of 22.5%. Let's see how things are shaping up prior to this announcement.
What to Expect?
The Zacks Consensus Estimate for the quarter under review is 64 cents, reflecting a year-over-year increase of 6.8%. We note that the Zacks Consensus Estimate for the fiscal fourth quarter has been stable in the last 30 days. Moreover, analysts polled by Zacks expect revenues of $9.4 billion, reflecting an increase of 8.2% from the year-ago quarter.
NIKE, Inc. Price and EPS Surprise
NIKE, Inc. Price and EPS Surprise | NIKE, Inc. Quote
Moreover, NIKE outperformed the industry in the past month, indicating a positive sentiment ahead of the earnings release. Its shares increased 6.1% compared with 4.2% growth recorded by the industry . Additionally, the company's shares have witnessed growth of 17.4% in the last three months.
Factors at Play
Gains from NIKE's robust growth and innovation efforts, alongside its strategy of acquiring sponsorships for various sporting events across the globe, are well reflected in its robust sales and earnings surprise trend. The company's performance graph is influenced by strength in international business and the global NIKE Direct business. It has also made significant progress on its Consumer Direct Offense strategy, positioning it for robust growth in the future.
Further, the company closed third-quarter fiscal 2018 with expectations of a trend reversal in its North America business in the fiscal fourth quarter, backed by the introduction of innovation platforms and differentiated customer experiences in the marketplace. Consequently, it provided robust guidance for fourth-quarter fiscal 2018 along with initial view for fiscal 2019.
In the to-be-reported quarter, the company expects revenue growth of high-single digit, backed by persistent strength in international regions and the reversal of the trend in North America. Revenue growth in North America is now anticipated to be nearly flat compared with the prior-year quarter, with expectations to return to growth in the first half of fiscal 2019.
The Zacks Consensus Estimate for revenues in North America is $3,764 million, reflecting 0.3% gain from the year-ago quarter.
However, the company's higher SG&A expenses, along with a soft margin trend, are likely to continue hurting results in the fiscal fourth quarter. It expects gross margin to be flat to up slightly in the to-be-reported quarter. Further, the company expects SG&A expenses to increase in the low-teens range, driven by continued investments in digital and NIKE+ membership.
While soft margins and higher S&A expenses pose concerns for the short term, the above-mentioned strategies clearly profess that NIKE has significant growth potential in the days ahead.
What the Zacks Model Unveils
Our proven model does not show that NIKE is likely to beat earnings estimates this quarter. This is because a stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
NIKE has an Earnings ESP of -0.26% and a Zacks Rank #3. Although the stock's Zacks Rank increases the predictive power of ESP, its negative ESP makes earnings prediction difficult.
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:
Helen of Troy Limited HELE currently has an Earnings ESP of +3.57% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +10.66% and a Zacks Rank #3.
The Coca-Cola Company KO has an Earnings ESP of +0.16% and a Zacks Rank #3.
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Coca-Cola Company (The) (KO): Free Stock Analysis Report
Helen of Troy Limited (HELE): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
NIKE, Inc. (NKE): 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.
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 Inc. AAN has an Earnings ESP of +10.66% and a Zacks Rank #3. Click to get this free report Coca-Cola Company (The) (KO): Free Stock Analysis Report Helen of Troy Limited (HELE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report To read this article on Zacks.com click here. The question lingering in investors' minds is whether this leading sports apparel retailer will be able to post positive earnings surprise in the quarter to be reported.
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Click to get this free report Coca-Cola Company (The) (KO): Free Stock Analysis Report Helen of Troy Limited (HELE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +10.66% and a Zacks Rank #3. NIKE, Inc. Price and EPS Surprise NIKE, Inc. Price and EPS Surprise | NIKE, Inc. Quote Moreover, NIKE outperformed the industry in the past month, indicating a positive sentiment ahead of the earnings release.
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Click to get this free report Coca-Cola Company (The) (KO): Free Stock Analysis Report Helen of Troy Limited (HELE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +10.66% and a Zacks Rank #3. NIKE, Inc. Price and EPS Surprise NIKE, Inc. Price and EPS Surprise | NIKE, Inc. Quote Moreover, NIKE outperformed the industry in the past month, indicating a positive sentiment ahead of the earnings release.
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Aaron's Inc. AAN has an Earnings ESP of +10.66% and a Zacks Rank #3. Click to get this free report Coca-Cola Company (The) (KO): Free Stock Analysis Report Helen of Troy Limited (HELE): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report NIKE, Inc. (NKE): Free Stock Analysis Report To read this article on Zacks.com click here. Consequently, it provided robust guidance for fourth-quarter fiscal 2018 along with initial view for fiscal 2019.
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389c407f-912b-4c11-89b4-e761e290d1ff
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9037.0
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2018-06-20 00:00:00 UTC
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The Rent-A-Center Buyout Is Good News for Everyone Involved
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AAN
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https://www.nasdaq.com/articles/rent-center-buyout-good-news-everyone-involved-2018-06-20
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Rent-A-Center Inc (NASDAQ: RCII ) surged on news of a buyout deal. The Plano, Texas-based rent-to-own company increased when Vintage Capital Management, LLC agreed to take the company private. Now, as RCII stock is removed from trading, the company embarks on a new era as a private company. Many will wonder if this serves as the best move for investors. Although the direction in which Vintage will take Rent-A-Center remains unknown, the deal creates a chance to recover and move the company in a new direction outside of the public eye.
Terms of the Deal
RCII stock increased by more than 22% when the buyout was announced . Under terms of the deal, Florida-based Vintage Rodeo Parent, LLC , a subsidiary of Vintage Capital, will acquire RCII stock at $15 per share. This amounts to a purchase price of $1.365 billion, including debt. The company expects the deal to close at the end of 2018.
7 Small-Cap Stocks to Consider for the Second Half of 2018
RCII stock has been struggling recently as a public company. The stock peaked at just above $40 per share in July 2013 and has seen a general downtrend ever since, going as low as $7.22 per share earlier this year. This stands in contrast to the long-term uptrend the stock had seen since its IPO in 1995. Moreover, revenues were on track for a third consecutive decline. RCII stock saw revenues of $3.28 billion as late as 2015. For 2018, analyst forecast revenue levels of $2.6 billion.
As mentioned earlier, Vintage will assume the company's debts, which stood at $597 million as of the last quarterly report. Although this represents a huge reduction in debt from the $1.043 billion the company saw at the end of 2014, it still stands as a substantial burden for a company for a company with a market cap of around $785 million.
RCII Stock Faced Years of Decline
RCII has also struggled to compete against its peers, especially its most direct competitor, Aaron's (NYSE: AAN ).
Aaron's continues to grow both its revenue and its stock price. Aaron's and Rent-A-Center have a history of bringing in comparable amounts of revenue. As late as 2014, RCII stock was outperforming AAN concerning both revenue and profits. However, in 2015, Aaron's profits greatly exceeded that of Rent-A-Center. Even if one takes out the $1.17 billion impairment charge to goodwill that RCII saw in 2015, Aaron's outperformed Rent-A-Center on net income, earning nearly double the amount of before-tax income.
Today, RCII continues to fall behind. Aaron's brought in about 25% more revenue than did Rent-A-Center in 2017. However, AAN supports a market cap of about $3.15 billion, over four times higher than the market cap for RCII stock. Other larger competitors, such as Best Buy (NYSE: BBY ) and Walmart (NYSE: WMT ), offer but do not specialize in rent-to-own options.
Given its recent performance, going private under new management looks to be the right move for RCII stock. Vintage also owns the controlling interest in Buddy's Home Furnishings, another rent-to-own company. Whether Vintage will combine Rent-A-Center and Buddy's remains unclear. However, Vintage's experience in the industry should serve them well. Also, holders of RCII stock will receive a premium over the stock prices seen in recent months. Hence this deal could bring benefits to all involved.
Final Thoughts for RCII Stock
The purchase by Vintage Rodeo allows Rent-A-Center investors the opportunity to profit in the short term and possibly recover from what had previously become a declining investment.
Vintage will purchase RCII and its debt for $15 per share. In addition to taking on company debt, it also brings a wealth of experience in the rent-to-own industry. This could bring Rent-A-Center new life, perhaps someday returning to public trading as a stronger company. Depending on when investors purchased RCII stock, they can also see a significant short-term return or recover some of the losses that long-term investors have suffered.
10 Consumer Stocks on the Clearance Rack
What happens to Rent-A-Center going forward remains in question. However, this move should serve as a positive move for all involved.
As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You canfollow Will on Twitterat @HealyWriting.
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The post The Rent-A-Center Buyout Is Good News for Everyone Involved appeared first on InvestorPlace .
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.
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RCII Stock Faced Years of Decline RCII has also struggled to compete against its peers, especially its most direct competitor, Aaron's (NYSE: AAN ). As late as 2014, RCII stock was outperforming AAN concerning both revenue and profits. However, AAN supports a market cap of about $3.15 billion, over four times higher than the market cap for RCII stock.
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RCII Stock Faced Years of Decline RCII has also struggled to compete against its peers, especially its most direct competitor, Aaron's (NYSE: AAN ). As late as 2014, RCII stock was outperforming AAN concerning both revenue and profits. However, AAN supports a market cap of about $3.15 billion, over four times higher than the market cap for RCII stock.
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RCII Stock Faced Years of Decline RCII has also struggled to compete against its peers, especially its most direct competitor, Aaron's (NYSE: AAN ). As late as 2014, RCII stock was outperforming AAN concerning both revenue and profits. However, AAN supports a market cap of about $3.15 billion, over four times higher than the market cap for RCII stock.
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RCII Stock Faced Years of Decline RCII has also struggled to compete against its peers, especially its most direct competitor, Aaron's (NYSE: AAN ). As late as 2014, RCII stock was outperforming AAN concerning both revenue and profits. However, AAN supports a market cap of about $3.15 billion, over four times higher than the market cap for RCII stock.
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b500fe32-2210-4acb-a55e-0ea56e3fdf18
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9038.0
|
2018-06-15 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for June 18, 2018
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-june-18-2018-2018-06-15
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nan
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nan
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on June 18, 2018. A cash dividend payment of $0.03 per share is scheduled to be paid on July 06, 2018. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that AAN has paid the same dividend. At the current stock price of $44, the dividend yield is .27%.
The previous trading day's last sale of AAN was $44, representing a -11.59% decrease from the 52 week high of $49.77 and a 28.32% increase over the 52 week low of $34.29.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). AAN's current earnings per share, an indicator of a company's profitability, is $4.05. Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 30.86%, compared to an industry average of 12.2%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AAN through an Exchange Traded Fund [ETF]?
The following ETF(s) have AAN as a top-10 holding:
WBI BullBear Rising Income 2000 ETF ( WBIA )
WBI BullBear Value 2000 ETF ( WBIB )
WBI BullBear Yield 2000 ETF ( WBIC )
WBI BullBear Quality 2000 ETF ( WBID )
WBI BullBear Rising Income 1000 ETF ( WBIE ).
The top-performing ETF of this group is WBIC with an decrease of -1.05% over the last 100 days. WBIA has the highest percent weighting of AAN at 3.17%.
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.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 30.86%, compared to an industry average of 12.2%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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The following ETF(s) have AAN as a top-10 holding: WBI BullBear Rising Income 2000 ETF ( WBIA ) WBI BullBear Value 2000 ETF ( WBIB ) WBI BullBear Yield 2000 ETF ( WBIC ) WBI BullBear Quality 2000 ETF ( WBID ) WBI BullBear Rising Income 1000 ETF ( WBIE ). 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, Inc. ( AAN ) will begin trading ex-dividend on June 18, 2018.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AAN Dividend History page. The following ETF(s) have AAN as a top-10 holding: WBI BullBear Rising Income 2000 ETF ( WBIA ) WBI BullBear Value 2000 ETF ( WBIB ) WBI BullBear Yield 2000 ETF ( WBIC ) WBI BullBear Quality 2000 ETF ( WBID ) WBI BullBear Rising Income 1000 ETF ( WBIE ).
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AAN's current earnings per share, an indicator of a company's profitability, is $4.05. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on June 18, 2018. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment.
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6d24a5ee-e461-4142-b56b-ad503d228170
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9039.0
|
2018-06-11 00:00:00 UTC
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AAN Makes Bullish Cross Above Critical Moving Average
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AAN
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https://www.nasdaq.com/articles/aan-makes-bullish-cross-above-critical-moving-average-2018-06-11
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nan
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nan
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $41.73, changing hands as high as $41.81 per share. Aaron's Inc shares are currently trading up about 1.1% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:
Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $49.77 as the 52 week high point - that compares with a last trade of $41.83.
Click here to find out which 9 other stocks recently crossed above their 200 day moving average »
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.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $41.73, changing hands as high as $41.81 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $49.77 as the 52 week high point - that compares with a last trade of $41.83. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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 trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $41.73, changing hands as high as $41.81 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $49.77 as the 52 week high point - that compares with a last trade of $41.83. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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 trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $41.73, changing hands as high as $41.81 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $49.77 as the 52 week high point - that compares with a last trade of $41.83. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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 trading on Monday, shares of Aaron's Inc (Symbol: AAN) crossed above their 200 day moving average of $41.73, changing hands as high as $41.81 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $34.29 per share, with $49.77 as the 52 week high point - that compares with a last trade of $41.83. Click here to find out which 9 other stocks recently crossed above their 200 day moving average » 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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a7073d0f-c64d-4a77-a21c-e6be73dc49bf
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9040.0
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2018-05-01 00:00:00 UTC
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Rent-A-Center (RCII) Incurs Q1 Loss, Banks on Strategic Plan
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AAN
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https://www.nasdaq.com/articles/rent-a-center-rcii-incurs-q1-loss-banks-on-strategic-plan-2018-05-01
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nan
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nan
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Rent-A-Center, Inc.RCII continued with its dismal performance in 2018 as well. Both the top and bottom lines fell short of analysts' expectations during the first quarter. This rent-to-own company reported loss per share for the fourth straight quarter. Certainly, the company is going through a rough phase and has announced strategic measures to bring itself back on growth trajectory.
Let's Delve Deeper
The company reported adjusted loss of 8 cents a share that fared unfavorably with the Zacks Consensus Estimate of earnings of 8 cents. The company had also delivered earnings of 4 cents a share in the year-ago period. Total revenue of $698 million also fell short of the consensus mark of $701 million, consequently marking the third consecutive quarter of revenue miss.
Total revenue tumbled 5.9% on account of closures of certain Core U.S. and Acceptance NOW locations. This was partially offset by comparable-store sales (comps) growth of 0.8%. Meanwhile, adjusted EBITDA plummeted 24.8% to $25.1 million, and EBITDA margin contracted 90 basis points.
We note that investors remain concerned about the company's waning top and bottom-line. The reflection of the same is visible from the stock's dismal run in the bourses. In a year, shares of this Plano, TX-based company have declined 14.7%, underperforming the industry 's advance of 31.7%.
Nevertheless, management now intends to focus more on cost containment endeavors, improving traffic trends, targeted value proposition, refranchising program and augmenting cash flow. Further, the company is rationalizing store base and lowering debt load.
The company has located annualized cost savings opportunities of $75-$95 million - up from $65-$85 million guided earlier - of which roughly two-third is anticipated to be realized this year. It also identified working capital benefits of $40-$45 million - up from $20-$25 million projected earlier - which is expected to be realized fully this year.
The company's cost savings efforts, working capital initiatives and improving portfolio performance prompted management to raise full year free cash flow guidance to at least $170 million from the previous guidance of at least $130 million.
Meanwhile, the company received bids from different parties for a possible sale. We expect Rent-A-Center to come out with a decision in the second quarter of 2018.
Rent-A-Center, Inc. Price, Consensus and EPS Surprise
Rent-A-Center, Inc. Price, Consensus and EPS Surprise | Rent-A-Center, Inc. Quote
Comparable-Store Sales Performance
Comps for the quarter inched up 0.8%, reflecting growth of 0.3%, 3.3% and 0.7% across the Core U.S., Acceptance Now and Mexico segments, respectively.
However, it is to be noted that comps for the Core U.S. and Mexico segments have improved 390 and 300 basis points, respectively, while for the Acceptance Now the same has decreased 340 basis points on a sequential basis. Consolidated comps for this Zacks Rank #3 (Hold) company also portray a sequential improvement of 280 basis points. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Segment Performance
Revenues from the Core U.S. segment fell 1.8% to $482 million due to continued store base rationalization, offset by improved comps performance.
Revenues from the Acceptance Now segment slumped 16% from the prior-year quarter to $197 million on account of closures of Conn's and HHGregg locations. These were partly mitigated by healthy comps performance.
Mexico segment's revenues came in at $12 million, up 8.4% but flat on a constant currency basis. Finally, total Franchising revenues surged 28.4% to $7 million during the quarter.
Store Update
At the end of the quarter, there were 2,287 Core U.S. locations, 1,114 Acceptance Now Staffed stores, 129 Acceptance Now Direct stores, 123 stores in Mexico and 252 Franchise stores.
Other Financial Aspects
Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $81.4 million, net Senior debt of $57.4 million, net Senior notes of $539.1 million and stockholders' equity of $255 million.
The company incurred capital expenditures of $8.6 million and generated free cash flow of $84.9 million during the quarter.
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Rent-A-Center, Inc. (RCII): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
AeroCentury Corp. (ACY): Free Stock Analysis Report
McGrath RentCorp (MGRC): 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.
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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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $81.4 million, net Senior debt of $57.4 million, net Senior notes of $539.1 million and stockholders' equity of $255 million. Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Nevertheless, management now intends to focus more on cost containment endeavors, improving traffic trends, targeted value proposition, refranchising program and augmenting cash flow.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $81.4 million, net Senior debt of $57.4 million, net Senior notes of $539.1 million and stockholders' equity of $255 million. Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center, Inc. Price, Consensus and EPS Surprise Rent-A-Center, Inc. Price, Consensus and EPS Surprise | Rent-A-Center, Inc. Quote Comparable-Store Sales Performance Comps for the quarter inched up 0.8%, reflecting growth of 0.3%, 3.3% and 0.7% across the Core U.S., Acceptance Now and Mexico segments, respectively.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $81.4 million, net Senior debt of $57.4 million, net Senior notes of $539.1 million and stockholders' equity of $255 million. Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center, Inc. Price, Consensus and EPS Surprise Rent-A-Center, Inc. Price, Consensus and EPS Surprise | Rent-A-Center, Inc. Quote Comparable-Store Sales Performance Comps for the quarter inched up 0.8%, reflecting growth of 0.3%, 3.3% and 0.7% across the Core U.S., Acceptance Now and Mexico segments, respectively.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $81.4 million, net Senior debt of $57.4 million, net Senior notes of $539.1 million and stockholders' equity of $255 million. Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. This was partially offset by comparable-store sales (comps) growth of 0.8%.
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66c460cb-885a-4c4e-8b11-84dc14a93a84
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9041.0
|
2018-04-26 00:00:00 UTC
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Aaron's Enters Oversold Territory (AAN)
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AAN
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https://www.nasdaq.com/articles/aarons-enters-oversold-territory-aan-2018-04-26
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 22.4, after changing hands as low as $39.52 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 45.1. A bullish investor could look at AAN's 22.4 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares:
Looking at the chart above, AAN's low point in its 52 week range is $31.545 per share, with $49.77 as the 52 week high point - that compares with a last trade of $39.63.
According to the ETF Finder at ETF Channel, AAN makes up 2.56% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading higher by about 2.3% on the day Thursday.
Find out what 9 other oversold stocks you need to know about »
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.
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In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 22.4, after changing hands as low as $39.52 per share. A bullish investor could look at AAN's 22.4 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $31.545 per share, with $49.77 as the 52 week high point - that compares with a last trade of $39.63.
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The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $31.545 per share, with $49.77 as the 52 week high point - that compares with a last trade of $39.63. In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 22.4, after changing hands as low as $39.52 per share. A bullish investor could look at AAN's 22.4 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 22.4, after changing hands as low as $39.52 per share. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $31.545 per share, with $49.77 as the 52 week high point - that compares with a last trade of $39.63. A bullish investor could look at AAN's 22.4 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Thursday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 22.4, after changing hands as low as $39.52 per share. According to the ETF Finder at ETF Channel, AAN makes up 2.56% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading higher by about 2.3% on the day Thursday. A bullish investor could look at AAN's 22.4 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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fa31573a-826e-4b59-854e-e7f504f9d225
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9042.0
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2018-04-24 00:00:00 UTC
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How The Pieces Add Up: IYY Targets $151
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AAN
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https://www.nasdaq.com/articles/how-pieces-add-iyy-targets-151-2018-04-24
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nan
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nan
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Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel , we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the iShares Dow Jones U.S. ETF (Symbol: IYY), we found that the implied analyst target price for the ETF based upon its underlying holdings is $151.48 per unit.
With IYY trading at a recent price near $133.69 per unit, that means that analysts see 13.31% upside for this ETF looking through to the average analyst targets of the underlying holdings. Three of IYY's underlying holdings with notable upside to their analyst target prices are EXACT Sciences Corp. (Symbol: EXAS), Aaron's Inc (Symbol: AAN), and First Horizon National Corp (Symbol: FHN). Although EXAS has traded at a recent price of $48.70/share, the average analyst target is 20.24% higher at $58.55/share. Similarly, AAN has 20.13% upside from the recent share price of $45.21 if the average analyst target price of $54.31/share is reached, and analysts on average are expecting FHN to reach a target price of $22.36/share, which is 18.98% above the recent price of $18.79. Below is a twelve month price history chart comparing the stock performance of EXAS, AAN, and FHN:
Below is a summary table of the current analyst target prices discussed above:
Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Do the analysts have a valid justification for their targets, or are they behind the curve on recent company and industry developments? A high price target relative to a stock's trading price can reflect optimism about the future, but can also be a precursor to target price downgrades if the targets were a relic of the past. These are questions that require further investor research.
10 ETFs With Most Upside To Analyst Targets »
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.
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Below is a twelve month price history chart comparing the stock performance of EXAS, AAN, and FHN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYY's underlying holdings with notable upside to their analyst target prices are EXACT Sciences Corp. (Symbol: EXAS), Aaron's Inc (Symbol: AAN), and First Horizon National Corp (Symbol: FHN). Similarly, AAN has 20.13% upside from the recent share price of $45.21 if the average analyst target price of $54.31/share is reached, and analysts on average are expecting FHN to reach a target price of $22.36/share, which is 18.98% above the recent price of $18.79.
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Three of IYY's underlying holdings with notable upside to their analyst target prices are EXACT Sciences Corp. (Symbol: EXAS), Aaron's Inc (Symbol: AAN), and First Horizon National Corp (Symbol: FHN). Similarly, AAN has 20.13% upside from the recent share price of $45.21 if the average analyst target price of $54.31/share is reached, and analysts on average are expecting FHN to reach a target price of $22.36/share, which is 18.98% above the recent price of $18.79. Below is a twelve month price history chart comparing the stock performance of EXAS, AAN, and FHN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now?
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Similarly, AAN has 20.13% upside from the recent share price of $45.21 if the average analyst target price of $54.31/share is reached, and analysts on average are expecting FHN to reach a target price of $22.36/share, which is 18.98% above the recent price of $18.79. Below is a twelve month price history chart comparing the stock performance of EXAS, AAN, and FHN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYY's underlying holdings with notable upside to their analyst target prices are EXACT Sciences Corp. (Symbol: EXAS), Aaron's Inc (Symbol: AAN), and First Horizon National Corp (Symbol: FHN).
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Below is a twelve month price history chart comparing the stock performance of EXAS, AAN, and FHN: Below is a summary table of the current analyst target prices discussed above: Are analysts justified in these targets, or overly optimistic about where these stocks will be trading 12 months from now? Three of IYY's underlying holdings with notable upside to their analyst target prices are EXACT Sciences Corp. (Symbol: EXAS), Aaron's Inc (Symbol: AAN), and First Horizon National Corp (Symbol: FHN). Similarly, AAN has 20.13% upside from the recent share price of $45.21 if the average analyst target price of $54.31/share is reached, and analysts on average are expecting FHN to reach a target price of $22.36/share, which is 18.98% above the recent price of $18.79.
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780cc475-25b8-451b-9488-5c2dc39a514a
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9043.0
|
2018-04-23 00:00:00 UTC
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What You Should Know About Aaron's (AAN) Before Q1 Earnings
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AAN
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https://www.nasdaq.com/articles/what-you-should-know-about-aarons-aan-before-q1-earnings-2018-04-23
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nan
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nan
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Aaron's, Inc.AAN is slated to report first-quarter 2018 results on Apr 26. The company has delivered a positive earnings surprise in three of the trailing four quarters with an average beat of 9.6%.
The Zacks Consensus Estimate of 95 cents for the quarter to be reported remained stable in the last 30 days, reflecting year-over-year growth of 18.8% from 80 cents earned in the year-ago quarter.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
Let's see, how things are shaping up prior to this announcement.
Factors at Play
Aaron's has been performing quite well at its Progressive Leasing business, witnessing sturdy revenue growth and aiding the company's top line. It has also been making investments in its Aaron's Business to enhance direct-to-consumer platform as well as boost overall growth.
Further, management remains encouraged about the SEI acquisition, Aaron's largest franchisee, which is likely to benefit the company in the first quarter. The transaction is expected to widen Aaron's footprint in the markets with high-growth opportunities besides boosting its revenues and supply-chain synergies between the Aaron's Business and Progressive Leasing.
Notably, analysts polled by Zacks expect revenues of $941.3 million, up 11.5% from the year-ago quarter.
However, Aaron's has been witnessing declining comparable store sales (comps) at the company-operated stores for quite some time, which is a key concern. Evidently, comps dropped 5.4%, 5.6%, 8.1% and 9.3% in the fourth, third, second and first quarters of 2017, respectively. Also, the company's Aaron's Business segment is persistently sluggish and is reporting soft revenues for a while now.
Given the mixed factors, let's wait and see what lies ahead of Aaron's when it reports first-quarter 2018 results.
Zacks Model
Our proven model does not conclusively show that Aaron's is likely to beat on earnings this quarter. This is because a stock needs to have both a positive Earnings ESP and a solid Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. But that is not the case here as highlighted below. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
The company carries a Zacks Rank #3, which increases the predictive power of ESP. However, Aaron's Earnings ESP of -0.30% leaves surprise prediction inconclusive as the company needs to have a positive ESP to be confident about an earnings surprise.
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 beat estimates this time around:
Ruth's Hospitality Group, Inc. RUTH has an Earnings ESP of +1.70% and a Zacks Rank of 1. You can see the complete list of today's Zacks #1 Rank stocks here .
Abercrombie & Fitch Co. ANF has an Earnings ESP of +6.01% and a Zacks Rank of 3.
Dollar Tree, Inc. DLTR has an Earnings ESP of +1.66% and is a Zacks #3 Ranked player.
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
Dollar Tree, Inc. (DLTR): Free Stock Analysis Report
Ruth's Hospitality Group, Inc. (RUTH): 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.
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, Inc.AAN is slated to report first-quarter 2018 results on Apr 26. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ruth's Hospitality Group, Inc. (RUTH): Free Stock Analysis Report To read this article on Zacks.com click here. Factors at Play Aaron's has been performing quite well at its Progressive Leasing business, witnessing sturdy revenue growth and aiding the company's top line.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ruth's Hospitality Group, Inc. (RUTH): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is slated to report first-quarter 2018 results on Apr 26. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Let's see, how things are shaping up prior to this announcement.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ruth's Hospitality Group, Inc. (RUTH): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is slated to report first-quarter 2018 results on Apr 26. However, Aaron's Earnings ESP of -0.30% leaves surprise prediction inconclusive as the company needs to have a positive ESP to be confident about an earnings surprise.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Dollar Tree, Inc. (DLTR): Free Stock Analysis Report Ruth's Hospitality Group, Inc. (RUTH): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is slated to report first-quarter 2018 results on Apr 26. The company has delivered a positive earnings surprise in three of the trailing four quarters with an average beat of 9.6%.
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8f2f5044-991a-4747-88c2-fac4a3e01cac
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9044.0
|
2018-04-10 00:00:00 UTC
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Rent-A-Center's (RCII) Core U.S. Business Gains Ground
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AAN
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https://www.nasdaq.com/articles/rent-a-centers-rcii-core-u.s.-business-gains-ground-2018-04-10
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nan
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nan
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Rent-A-Center, Inc.RCII , which has been exploring strategic and financial alternatives, posted preliminary results for the first quarter of 2018. It seems that initiatives undertaken by management to strengthen the performance of Core U.S. segment is bearing results. Meanwhile, the company is optimizing product mix, increasing the average ticket price and focusing on lowering delinquency rates.
This rent-to-own operator stated that preliminary same-store sales growth in the Core U.S. segment inched up 0.3% in the quarter under review. Management was quick to intimate that same-store sales rose 1.6% in March 2018. We note that Core U.S. same-store sales had declined 3.6% in the final quarter of 2017. Notably, the same at the Acceptance Now segment improved 3.3% during the first quarter of 2018.
Earlier this year, Rent-A-Center realized cost-saving opportunities through the collaboration with AlixPartners. Also, the company is rationalizing store base and lowering debt load. The company hinted that sturdy top line and strategic endeavors have lowered debt load by $75 million since the end of 2017.
The company's cost-containment efforts, working capital initiatives and improving portfolio performance prompted management to raise full year free cash flow guidance to at least $170 million from the previous guidance of at least $130 million.
Meanwhile, the company received bids from different parties for a possible sale. We expect Rent-A-Center to come out with a decision in the second quarter of 2018.
The stock has plunged 14.3% in the past three months, compared with the industry 's decline of 1.5%. Notably, investors are concerned about Rent-A-Center's waning top and bottom lines. Since the past eight quarters, the company has been witnessing year-over-year decline in earnings and revenues. This Zacks Rank #5 (Strong Sell) company shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN .
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Rent-A-Center, Inc. (RCII): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
AeroCentury Corp. (ACY): Free Stock Analysis Report
McGrath RentCorp (MGRC): 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.
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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This Zacks Rank #5 (Strong Sell) company shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN . Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Meanwhile, the company is optimizing product mix, increasing the average ticket price and focusing on lowering delinquency rates.
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This Zacks Rank #5 (Strong Sell) company shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN . Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): 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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Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. This Zacks Rank #5 (Strong Sell) company shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN . The company's cost-containment efforts, working capital initiatives and improving portfolio performance prompted management to raise full year free cash flow guidance to at least $170 million from the previous guidance of at least $130 million.
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Click to get this free report Rent-A-Center, Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. This Zacks Rank #5 (Strong Sell) company shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN . We note that Core U.S. same-store sales had declined 3.6% in the final quarter of 2017.
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42a2bca6-7c52-4f27-923c-587b7a67f70f
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9045.0
|
2018-03-21 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for March 22, 2018
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-march-22-2018-2018-03-21
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nan
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nan
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on March 22, 2018. A cash dividend payment of $0.03 per share is scheduled to be paid on April 02, 2018. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over prior dividend payment.
The previous trading day's last sale of AAN was $47.54, representing a -4.48% decrease from the 52 week high of $49.77 and a 69.06% increase over the 52 week low of $28.12.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). AAN's current earnings per share, an indicator of a company's profitability, is $4.06. Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 33.31%, compared to an industry average of 10.9%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AAN through an Exchange Traded Fund [ETF]?
The following ETF(s) have AAN as a top-10 holding:
Cambria ETF Trust ( VAMO )
GS ActiveBeta U.S. Small Cap Equity ETF ( GSSC )
PowerShares FTSE RAFI US 1500 Small-Mid Portfolio ( PRFZ ).
The top-performing ETF of this group is GSSC with an increase of 4.11% over the last 100 days. VAMO has the highest percent weighting of AAN at 0.8%.
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.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). Zacks Investment Research reports AAN's forecasted earnings growth in 2018 as 33.31%, compared to an industry average of 10.9%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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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. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on March 22, 2018. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of AAN was $47.54, representing a -4.48% decrease from the 52 week high of $49.77 and a 69.06% increase over the 52 week low of $28.12. The following ETF(s) have AAN as a top-10 holding: Cambria ETF Trust ( VAMO ) GS ActiveBeta U.S. Small Cap Equity ETF ( GSSC ) PowerShares FTSE RAFI US 1500 Small-Mid Portfolio ( PRFZ ).
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on March 22, 2018. The previous trading day's last sale of AAN was $47.54, representing a -4.48% decrease from the 52 week high of $49.77 and a 69.06% increase over the 52 week low of $28.12.
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e151d6a1-7545-49bf-816b-56c9fbd2c888
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9046.0
|
2018-03-01 00:00:00 UTC
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L Brands (LB) Beats on Q4 Earnings, Issues FY18 Guidance
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AAN
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https://www.nasdaq.com/articles/l-brands-lb-beats-on-q4-earnings-issues-fy18-guidance-2018-03-01
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nan
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nan
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L Brands, Inc.LB reported solid financial numbers in fourth-quarter fiscal 2017, wherein earnings of $2.11 per share outpaced the Zacks Consensus Estimate of $2.04, after reporting in-line earnings last quarter. The bottom line also improved 3.9% year over year. Moreover, revenues surpassed the consensus mark for the second straight time.
This specialty retailer of women's intimate and other apparels reported net sales of $4,823.1 million, up 7.4% from the prior-year quarter. Also, the figure marginally came above the Zacks Consensus Estimate of $4,795 million. Furthermore, L Brands' comparable sales (including direct sales) were up 2% in the quarter. However, store only comps decreased 2% year over year.
L Brands, Inc. Price and Consensus
L Brands, Inc. Price and Consensus | L Brands, Inc. Quote
Sales at Victoria's Secret Stores declined 1.2% to $2,038.3 million, while Victoria's Secret direct sales were up 19.9% to $630.6 million. Total Victoria's Secret sales rose 3.1% to $2,668.9 million, while comparable sales fell 1%.
Bath & Body Works' total sales were up 10.7% to $1,793.7 million, with a 6% rise in comparable sales. Strong performances by the company's home fragrance assortment along with improvement in the body care assortments fragrances drove the segment sales. Victoria's Secret and Bath & Body Works International sales surged 37.2% to $170.3 million. Other revenues increased 21.4% to $190.2 million.
Gross profit grew 5% to $2,040.3 million, while gross margin reduced 100 basis points (bps) to 42.3% primarily due to a fall in merchandise margin rate. Adjusted operating income dipped 0.1% to $986.6 million, with the operating margin contracting 150 bps to 20.5%.
We note that shares of L Brands have declined 13.7% in the past three months against the industry 's gain of 0.7%.
Store Update
In the quarter under review, L Brands opened five Victoria's Secret stores and shuttered 19 outlets, taking the total count to 1,170 stores. In the same period, 32 Bath & Body Works stores were inaugurated and 31 were closed, which totalled to 1,694 stores. As a result, the company had 19 Victoria's Secret U.K/Ireland and 27 Henri Bendel stores at the end of the fourth quarter. As of Feb 3, 2018, L Brands operated 3,075 stores.
Total franchised stores as of Feb 3, 2018 were 813, comprising 241 Victoria's Secret Beauty & Accessories, 32 Victoria's Secret, five Pink, 176 Bath & Body Works and 194 La Senza stores.
Other Financial Details
L Brands exited fourth quarter with cash and cash equivalents of $1,514.9 million, down from the prior-year quarter's tally of $1,933.8 million. Long-term debt increased marginally to $5,707 million from $5,699.6 million a year ago. Also, shareholders' deficit came in at $751 million.
Management incurred capital expenditures of $107.4 million in the quarter under review and $706.7 million in fiscal 2017. For fiscal 2018, the company projects the same to be roughly $750 million. Meanwhile, L Brands continues to anticipate free cash flow of $900 million in the fiscal year.
In fiscal 2017, the company repurchased 9.4 million shares for $444.9 million. At the year-end, it had $48 million remaining under the current share buyback program of $250 million.
Guidance
Management issued guidance for first-quarter and fiscal 2018. Additionally, the company is likely to follow a new revenue recognition accounting standard in the first quarter.
Comps in February are expected to rise in low- to mid-single digits, including a low-single digit growth at Victoria's Secret along with mid-single digits rise at Bath & Body Works. However, merchandise margin rate is expected to decline for the month.
This Zacks Rank #3 (Hold) company anticipates first-quarter comps in low-single digits. In fact, sales are estimated to be nearly 5 points higher than comps. Further, gross margin is expected to decline marginally due to a fall in merchandise margin rate, somewhat offset by lower buying and occupancy expenses. Earnings per share are envisioned in the range of 15-20 cents versus 33 cents in the year-ago quarter.
For fiscal 2018, the company envisions comps to increase in the 2-4% range while sales are anticipated to be 2 points higher than comps. Gross margin rate is anticipated to remain flat compared with the prior-year tally. Management projects earnings in the band of $2.95-$3.25 per share compared with $3.20 last year.
Analysts polled by Zacks anticipate earnings per share of 32 cents and $3.36 for first-quarter and fiscal 2018, respectively. These estimates are likely to witness downward revisions.
Interested in the Retail Space? Check These
Some better-ranked stocks from the retail space are Conn's, Inc. CONN , Aaron's, Inc. AAN and American Eagle Outfitters, Inc. AEO . While Conn's sports a Zacks Rank #1 (Strong Buy), Aaron's and American Eagle carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Conn's has surged 68.2% in the past six months. Moreover, the stock has a long-term earnings growth rate of 23%.
Aaron's shares have surged 22.7% in the last three months. Also, the company posted an average earnings beat of 9.6% in the trailing four quarters.
American Eagle Outfitters delivered an average earnings beat of 2.6% in the last four quarters. It has a long-term earnings growth rate of 5.5%.
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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
Aaron's, Inc. (AAN): Free Stock Analysis Report
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
L Brands, Inc. (LB): Free Stock Analysis Report
Conn's, Inc. (CONN): 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.
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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Check These Some better-ranked stocks from the retail space are Conn's, Inc. CONN , Aaron's, Inc. AAN and American Eagle Outfitters, Inc. AEO . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. This specialty retailer of women's intimate and other apparels reported net sales of $4,823.1 million, up 7.4% from the prior-year quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Check These Some better-ranked stocks from the retail space are Conn's, Inc. CONN , Aaron's, Inc. AAN and American Eagle Outfitters, Inc. AEO . L Brands, Inc. Price and Consensus L Brands, Inc. Price and Consensus | L Brands, Inc. Quote Sales at Victoria's Secret Stores declined 1.2% to $2,038.3 million, while Victoria's Secret direct sales were up 19.9% to $630.6 million.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Check These Some better-ranked stocks from the retail space are Conn's, Inc. CONN , Aaron's, Inc. AAN and American Eagle Outfitters, Inc. AEO . L Brands, Inc.LB reported solid financial numbers in fourth-quarter fiscal 2017, wherein earnings of $2.11 per share outpaced the Zacks Consensus Estimate of $2.04, after reporting in-line earnings last quarter.
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Check These Some better-ranked stocks from the retail space are Conn's, Inc. CONN , Aaron's, Inc. AAN and American Eagle Outfitters, Inc. AEO . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report L Brands, Inc. (LB): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Bath & Body Works' total sales were up 10.7% to $1,793.7 million, with a 6% rise in comparable sales.
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23d7aa31-b354-457d-8375-9e266b85683f
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9047.0
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2018-02-27 00:00:00 UTC
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Should Value Investors Pick Aaron's (AAN) Stock?
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AAN
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https://www.nasdaq.com/articles/should-value-investors-pick-aarons-aan-stock-2018-02-27
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nan
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nan
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Value investing is easily one of the most popular ways to find great stocks in any market environment. After all, who wouldn't want to find stocks that are either flying under the radar and are compelling buys, or offer up tantalizing discounts when compared to fair value?
One way to find these companies is by looking at several key metrics and financial ratios, many of which are crucial in the value stock selection process. Let's put Aaron's, Inc. AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks:
PE Ratio
A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. This shows us how much investors are willing to pay for each dollar of earnings in a given stock, and is easily one of the most popular financial ratios in the world. The best use of the PE ratio is to compare the stock's current PE ratio with: a) where this ratio has been in the past; b) how it compares to the average for the industry/sector; and c) how it compares to the market as a whole.
On this front, Aaron's has a trailing twelve months PE ratio of 17.8, as you can see in the chart below:
However the stock's PE also compares unfavorably with the Zacks Retail - Consumer Electronics industry 's trailing twelve months PE ratio, which stands at 15.6. At the very least, this indicates that the stock is relatively overvalued right now, compared to its peers.
P/S Ratio
Another key metric to note is the Price/Sales ratio. This approach compares a given stock's price to its total sales, where a lower reading is generally considered better. Some people like this metric more than other value-focused ones because it looks at sales, something that is far harder to manipulate with accounting tricks than earnings.
Right now, Aaron's has a P/S ratio of about 1.0. This is lower than the S&P 500 average, which comes in at 3.5x right now. Also, as we can see in the chart below, this is well below the highs for this stock in particular over the past few years, suggesting some level of undervalued trading-at least compared to historical norms.
Broad Value Outlook
In aggregate, Aaron's currently has a Value Score of A, putting it into the top 20% of all stocks we cover from this look. This makes Aaron's a solid choice for value investors, and some of its other key metrics make this pretty clear too.
For example, its P/CF ratio (another great indicator of value) comes in at 1.9, which is far better than the industry average of 12.7. Clearly, AAN is a solid choice on the value front from multiple angles.
What About the Stock Overall?
Though Aaron's might be a good choice for value investors, there are plenty of other factors to consider before investing in this name. In particular, it is worth noting that the company has a Growth Score of D and a Momentum Score of F. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of C. (You can read more about the Zacks Style Scores here >> )
Meanwhile, the company's recent earnings estimates have been encouraging. The current quarter has seen four estimates go higher in the past sixty days compared to none lower, while the full year estimate has seen eight up and no down in the same time period.
This has had a significant impact on the consensus estimate though as the current quarter consensus estimate has risen by 5.5% in the past two months, while the full year estimate has gone up by 14%. You can see the consensus estimate trend and recent price action for the stock in the chart below:
Aaron's, Inc. Price and Consensus
Aaron's, Inc. Price and Consensus | Aaron's, Inc. Quote
This bullish trend is why the stock has just a Zacks Rank #2 (Buy) and why we are looking for better performance from the company in the near term.
Bottom Line
Aaron's is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front. Moreover, a strong industry rank (Top 2% out of more than 250 industries) further strengthens its growth potential. In fact, over the past two years, the industry has clearly outperformed the broader market, as you can see below:
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2018 today >>
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Aaron's, 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.
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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Let's put Aaron's, Inc. AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. Clearly, AAN is a solid choice on the value front from multiple angles. In particular, it is worth noting that the company has a Growth Score of D and a Momentum Score of F. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of C. (You can read more about the Zacks Style Scores here >> ) Meanwhile, the company's recent earnings estimates have been encouraging.
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Let's put Aaron's, Inc. AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. Clearly, AAN is a solid choice on the value front from multiple angles. In particular, it is worth noting that the company has a Growth Score of D and a Momentum Score of F. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of C. (You can read more about the Zacks Style Scores here >> ) Meanwhile, the company's recent earnings estimates have been encouraging.
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Let's put Aaron's, Inc. AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. Clearly, AAN is a solid choice on the value front from multiple angles. In particular, it is worth noting that the company has a Growth Score of D and a Momentum Score of F. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of C. (You can read more about the Zacks Style Scores here >> ) Meanwhile, the company's recent earnings estimates have been encouraging.
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Let's put Aaron's, Inc. AAN stock into this equation and find out if it is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks: PE Ratio A key metric that value investors always look at is the Price to Earnings Ratio, or PE for short. Clearly, AAN is a solid choice on the value front from multiple angles. In particular, it is worth noting that the company has a Growth Score of D and a Momentum Score of F. This gives AAN a Zacks VGM score - or its overarching fundamental grade - of C. (You can read more about the Zacks Style Scores here >> ) Meanwhile, the company's recent earnings estimates have been encouraging.
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d190881d-be0e-47c1-8afd-6dfeae030e72
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9048.0
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2018-02-21 00:00:00 UTC
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Rent-A-Center (RCII) Incurs Wider-Than-Expected Q4 Loss
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AAN
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https://www.nasdaq.com/articles/rent-a-center-rcii-incurs-wider-than-expected-q4-loss-2018-02-21
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nan
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nan
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Rent-A-Center, Inc.RCII continued with its dismal performance in the final quarter of 2017 as well, wherein both the top and bottom line fell short of analysts' expectations. Management hinted that the company is going through a rough phase and announced strategic measures to counter the same.
This rent-to-own company posted loss per share for the third straight quarter. The adjusted loss of 41 cents a share was wider than the Zacks Consensus Estimate of a loss of 7 cents and a loss of 23 cents incurred in the year-ago period. Total revenue of $639 million also fell short of the consensus mark of $659 million, consequently marking the second consecutive quarter of revenue miss.
Total revenue tumbled 6.6% due to decline witnessed across the Core U.S. and Acceptance Now segments. Management hinted that hurricane related disruptions as well as soft comparable-store sales (comps) performance also hurt the results.
We note that investors remain concerned about the company's waning top and bottom-lines. The reflection of the same is visible from the stock's dismal run in the bourses. In the past six months, shares of this Plano, TX-based company have declined 27.4%, underperforming the industry 's advance of 7.7%.
Nevertheless, management now intends to focus more on cost containment endeavors, improving traffic trends, refranchising program and augmenting cash flow to bring itself back on growth trajectory.
The company in collaboration with AlixPartners has located annualized cost savings opportunities of $65-$85 million, of which roughly two-third is anticipated to be realized this year. It also identified working capital benefits of $20- $25 million, which is expected to be realized fully this year. Management also stated that the new tax legislation is likely to result in cash tax benefit of about $200 million over the next three years, which it intends to utilize in lowering debt load.
Comparable-Store Sales Performance
Comps for the quarter dropped 2%, reflecting declines of 3.6% and 2.3% in the Core U.S. and Mexico segments, respectively, partly mitigated by 6.7% increase noted at the Acceptance Now segment.
However, it is to be noted that comps for the Core U.S. and Mexico segments have improved 150 and 390 basis points, respectively, while for the Acceptance Now the same has decreased 120 basis points on a sequential basis. Consolidated comps for this Zacks Rank #3 (Hold) stock also portray a sequential improvement of 110 basis points. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Rent-A-Center Inc. Price, Consensus and EPS Surprise
Rent-A-Center Inc. Price, Consensus and EPS Surprise | Rent-A-Center Inc. Quote
Segment Performance
Revenues from the Core U.S. segment slumped 6% to $444.7 million due to continued store base rationalization, unprecedented hurricanes and dismal comps performance.
Revenues from the Acceptance Now segment declined 9.1% from the prior-year quarter to $175.8 million on account of closures of Conn's and HHGregg locations and disruptions caused by hurricanes. These were partly mitigated by healthy comps performance.
Mexico segment's revenues came in at $11.7 million, up 2.1% but down 2.4% on a constant currency basis attributable to lower comps. Finally, total Franchising revenues grew 7.9% to $6.7 million during the quarter.
Store Update
At the end of the quarter, there were 2,381 Core U.S. locations, 1,106 Acceptance Now Staffed stores, 125 Acceptance Now Direct stores, 131 stores in Mexico and 225 Franchise stores.
Other Financial Aspects
Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $73 million, net Senior debt of $134.1 million, net Senior notes of $538.8 million and stockholders' equity of $272.4 million. The company expects to generate free cash flow of at least $130 million in 2018.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them 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
Rent-A-Center Inc. (RCII): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
AeroCentury Corp. (ACY): Free Stock Analysis Report
McGrath RentCorp (MGRC): 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.
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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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $73 million, net Senior debt of $134.1 million, net Senior notes of $538.8 million and stockholders' equity of $272.4 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Nevertheless, management now intends to focus more on cost containment endeavors, improving traffic trends, refranchising program and augmenting cash flow to bring itself back on growth trajectory.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $73 million, net Senior debt of $134.1 million, net Senior notes of $538.8 million and stockholders' equity of $272.4 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center Inc. Price, Consensus and EPS Surprise Rent-A-Center Inc. Price, Consensus and EPS Surprise | Rent-A-Center Inc. Quote Segment Performance Revenues from the Core U.S. segment slumped 6% to $444.7 million due to continued store base rationalization, unprecedented hurricanes and dismal comps performance.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $73 million, net Senior debt of $134.1 million, net Senior notes of $538.8 million and stockholders' equity of $272.4 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center Inc. Price, Consensus and EPS Surprise Rent-A-Center Inc. Price, Consensus and EPS Surprise | Rent-A-Center Inc. Quote Segment Performance Revenues from the Core U.S. segment slumped 6% to $444.7 million due to continued store base rationalization, unprecedented hurricanes and dismal comps performance.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $73 million, net Senior debt of $134.1 million, net Senior notes of $538.8 million and stockholders' equity of $272.4 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Comparable-Store Sales Performance Comps for the quarter dropped 2%, reflecting declines of 3.6% and 2.3% in the Core U.S. and Mexico segments, respectively, partly mitigated by 6.7% increase noted at the Acceptance Now segment.
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d811d8b2-a3ef-40d5-b2e2-d0d848ecc285
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9049.0
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2018-02-21 00:00:00 UTC
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Zacks.com featured highlights include: Allegheny, MEDNAX, Broadridge, AllianceBernstein and Aaron???s
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include%3A-allegheny-mednax-broadridge-alliancebernstein-and
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nan
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nan
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For Immediate Release
Chicago, IL - February 21, 2018 - Stocks in this week's article Allegheny Technologies Inc. ATI , MEDNAX, Inc. MD , Broadridge Financial Solutions, Inc. BR , AllianceBernstein Holding L.P. AB and Aaron's, Inc. AAN .
5 Relative Price Strength Stocks to Fetch Higher Returns
Whether a stock has the potential to offer considerable returns is determined primarily by its earnings and valuation ratios. Simultaneously, it is important to check whether its price performance exceeds its peers or the industry average.
On such comparison, if we find that a stock is unable to match up to wider sectoral growth despite having impressive earnings momentum or valuation multiples, it may be better to avoid it.
However, those outperforming their respective industries or benchmarks should be included in your portfolio, since they have a higher chance of securing significant returns. Picking a stock that outperforms its peers ensures that you have a winning option on your hands.
Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 over a period of 1 to 3 months at the least and having solid fundamentals indicate room for growth, and are the best ways to go about this strategy.
Finally, it is important to find out whether analysts are optimistic about the upcoming earnings results of these companies. In order to do this, we have added positive estimate revisions for the current quarter's (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/292919/5-relative-price-strength-stocks-to-fetch-higher-returns
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.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
Visit: www.Zacks.com
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Mednax, Inc (MD): Free Stock Analysis Report
Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report
Broadridge Financial Solutions, Inc. (BR): 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.
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 - February 21, 2018 - Stocks in this week's article Allegheny Technologies Inc. ATI , MEDNAX, Inc. MD , Broadridge Financial Solutions, Inc. BR , AllianceBernstein Holding L.P. AB and Aaron's, Inc. AAN . Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. On such comparison, if we find that a stock is unable to match up to wider sectoral growth despite having impressive earnings momentum or valuation multiples, it may be better to avoid it.
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For Immediate Release Chicago, IL - February 21, 2018 - Stocks in this week's article Allegheny Technologies Inc. ATI , MEDNAX, Inc. MD , Broadridge Financial Solutions, Inc. BR , AllianceBernstein Holding L.P. AB and Aaron's, Inc. AAN . Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/292919/5-relative-price-strength-stocks-to-fetch-higher-returns 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.
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Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - February 21, 2018 - Stocks in this week's article Allegheny Technologies Inc. ATI , MEDNAX, Inc. MD , Broadridge Financial Solutions, Inc. BR , AllianceBernstein Holding L.P. AB and Aaron's, Inc. AAN . 5 Relative Price Strength Stocks to Fetch Higher Returns Whether a stock has the potential to offer considerable returns is determined primarily by its earnings and valuation ratios.
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For Immediate Release Chicago, IL - February 21, 2018 - Stocks in this week's article Allegheny Technologies Inc. ATI , MEDNAX, Inc. MD , Broadridge Financial Solutions, Inc. BR , AllianceBernstein Holding L.P. AB and Aaron's, Inc. AAN . Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. 5 Relative Price Strength Stocks to Fetch Higher Returns Whether a stock has the potential to offer considerable returns is determined primarily by its earnings and valuation ratios.
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92d9fbcb-7511-4ef7-9066-44eadfd840db
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9050.0
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2018-02-21 00:00:00 UTC
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3 Retail Stocks That Crushed Earnings Estimates This Season
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AAN
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https://www.nasdaq.com/articles/3-retail-stocks-crushed-earnings-estimates-season-2018-02-21
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nan
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nan
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Fourth-quarter earnings season is finally starting to wrap up, and despite the sudden return of volatility to global stock markets, investors have plenty of strong new reports to consider in the coming weeks and days.
One thing investors are always looking for during reporting season is a plethora of earnings beats. Strong growth and positive consumer trends are always great, but investors want to see companies exceed expectations and post surprises.
Another thing to consider during Q4 report season is the importance of holiday shopping results within the retail sector. Much has been made about the death of brick-and-mortar retail, but in truth, many traditional companies are adapting to the times, while a number of specialty retailers have carved out their own pockets of success.
Regardless, the holiday season has the potential to make or break of retailer's fiscal year. Now that we are on the other side of the bulk of Q4's earnings announcements, we can see that several notable companies performed particularly well.
Today, we have decided to highlight a few of these great retail earnings reports. Check out these five retail stocks that recently crushed earnings estimates!
1. Aaron's, Inc. (AAN)
Aaron's is engaged sales and lease ownership of residential and office furniture, consumer electronics, home appliances and accessories. The company just reported its Q4 results last week, posting adjusted earnings that surpassed our Zacks Consensus Estimate by more than 20%. Management also reported stronger-than-expected revenues and guided for fiscal 2018 earnings in the high end of our previous range. AAN's earnings beat was its fifth in the last six quarters, and the stock is now sporting a Zacks Rank #2 (Buy).
2. Advance Auto Parts, Inc. (AAP)
Advance Auto Parts is a leading automotive aftermarket parts provider, serving both the professional installer and do-it-yourself customers. The company filed its Q4 report on Wednesday morning, reporting earnings that topped the Zacks Consensus Estimate by nearly 18.5%. Advance Auto Parts also reported revenues of $2.04 billion, beating the Zacks Consensus Estimate of $2.02 billion. Management has now notched two-consecutive positive earnings surprises, and AAP is currently holding a Zacks Rank #2 (Buy).
3. PetMed Express, Inc. (PETS)
PetMed Express operates through 1-800-PetMeds, an online retailer that sells drugs for pets in its digital pharmacy. PETS reported its latest quarterly results last month, posting adjusted earnings of 44 cents per share and crushing our Zacks Consensus Estimate by more than 33%. The company also reported total revenues of $60 million, surpassing our consensus estimate of $58 million and expanding from the $53 million witnessed in the prior-year period. PETS is currently holding a Zacks Rank #1 (Strong Buy).
Want more market analysis from this author? Make sure to follow @ Ryan_McQueeneyon Twitter!
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them 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
PetMed Express, Inc. (PETS): Free Stock Analysis Report
Advance Auto Parts, Inc. (AAP): Free Stock Analysis Report
Aaron's, 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.
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, Inc. (AAN) Aaron's is engaged sales and lease ownership of residential and office furniture, consumer electronics, home appliances and accessories. AAN's earnings beat was its fifth in the last six quarters, and the stock is now sporting a Zacks Rank #2 (Buy). Click to get this free report PetMed Express, Inc. (PETS): Free Stock Analysis Report Advance Auto Parts, Inc. (AAP): Free Stock Analysis Report Aaron's, 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 PetMed Express, Inc. (PETS): Free Stock Analysis Report Advance Auto Parts, Inc. (AAP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. (AAN) Aaron's is engaged sales and lease ownership of residential and office furniture, consumer electronics, home appliances and accessories. AAN's earnings beat was its fifth in the last six quarters, and the stock is now sporting a Zacks Rank #2 (Buy).
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Click to get this free report PetMed Express, Inc. (PETS): Free Stock Analysis Report Advance Auto Parts, Inc. (AAP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. (AAN) Aaron's is engaged sales and lease ownership of residential and office furniture, consumer electronics, home appliances and accessories. AAN's earnings beat was its fifth in the last six quarters, and the stock is now sporting a Zacks Rank #2 (Buy).
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Aaron's, Inc. (AAN) Aaron's is engaged sales and lease ownership of residential and office furniture, consumer electronics, home appliances and accessories. AAN's earnings beat was its fifth in the last six quarters, and the stock is now sporting a Zacks Rank #2 (Buy). Click to get this free report PetMed Express, Inc. (PETS): Free Stock Analysis Report Advance Auto Parts, Inc. (AAP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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5412b937-5648-4237-83d8-8d2a34bb0770
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9051.0
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2018-02-20 00:00:00 UTC
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Zacks.com featured highlights include: Aaron's, Shutterfly, TD Ameritrade, Houlihan and Louisiana-Pacific
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include%3A-aarons-shutterfly-td-ameritrade-houlihan-and
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nan
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nan
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For Immediate Release
Chicago, IL - February 20, 2018 - Stocks in this week's article Aaron's, Inc. AAN , Shutterfly, Inc. SFLY , TD Ameritrade Holding Corporation AMTD , Houlihan Lokey, Inc. HLI and Louisiana-Pacific Corporation LPX .
5 Top Momentum Stocks Supported by Driehaus Strategy
Driehaus strategy, which is based on the "buy high and sell higher" principle, is used to invest in momentum stocks. This investment approach is ideal for those who have a high-risk appetite. The success of this particular investment strategy helped Richard Driehaus earn a place in Barron's All-Century Team.
Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500. Thus, investors with a high risk appetite may opt for this strategy.
A Look at Driehaus' Strategy
After a detailed study of the Driehaus' strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was made to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
"I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.
For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/292705/5-top-momentum-stocks-supported-by-driehaus-strategy
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.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use.
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
Email: pr@zacks.com
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Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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 http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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
Shutterfly, Inc. (SFLY): Free Stock Analysis Report
Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report
TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Houlihan Lokey, Inc. (HLI): 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.
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 - February 20, 2018 - Stocks in this week's article Aaron's, Inc. AAN , Shutterfly, Inc. SFLY , TD Ameritrade Holding Corporation AMTD , Houlihan Lokey, Inc. HLI and Louisiana-Pacific Corporation LPX . Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns.
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For Immediate Release Chicago, IL - February 20, 2018 - Stocks in this week's article Aaron's, Inc. AAN , Shutterfly, Inc. SFLY , TD Ameritrade Holding Corporation AMTD , Houlihan Lokey, Inc. HLI and Louisiana-Pacific Corporation LPX . Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. For the rest of this Screen of the Week article please visit Zacks.com at: https://www.zacks.com/stock/news/292705/5-top-momentum-stocks-supported-by-driehaus-strategy 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.
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Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL - February 20, 2018 - Stocks in this week's article Aaron's, Inc. AAN , Shutterfly, Inc. SFLY , TD Ameritrade Holding Corporation AMTD , Houlihan Lokey, Inc. HLI and Louisiana-Pacific Corporation LPX . 5 Top Momentum Stocks Supported by Driehaus Strategy Driehaus strategy, which is based on the "buy high and sell higher" principle, is used to invest in momentum stocks.
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For Immediate Release Chicago, IL - February 20, 2018 - Stocks in this week's article Aaron's, Inc. AAN , Shutterfly, Inc. SFLY , TD Ameritrade Holding Corporation AMTD , Houlihan Lokey, Inc. HLI and Louisiana-Pacific Corporation LPX . Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500.
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71f86ea2-2d0d-4445-a070-558ca2998dec
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9052.0
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2018-02-20 00:00:00 UTC
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5 Relative Price Strength Stocks to Fetch Higher Returns
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AAN
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https://www.nasdaq.com/articles/5-relative-price-strength-stocks-fetch-higher-returns-2018-02-20
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nan
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nan
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Whether a stock has the potential to offer considerable returns is determined primarily by its earnings and valuation ratios. Simultaneously, it is important to check whether its price performance exceeds its peers or the industry average.
On such comparison, if we find that a stock is unable to match up to wider sectoral growth despite having impressive earnings momentum or valuation multiples, it may be better to avoid it.
However, those outperforming their respective industries or benchmarks should be included in your portfolio, since they have a higher chance of securing significant returns. Picking a stock that outperforms its peers ensures that you have a winning option on your hands.
Then again, it is imperative that you determine whether or not an investment has relevant upside potential when considering stocks with significant relative price strength. Stocks delivering better than the S&P 500 over a period of 1 to 3 months at the least and having solid fundamentals indicate room for growth, and are the best ways to go about this strategy.
Finally, it is important to find out whether analysts are optimistic about the upcoming earnings results of these companies. In order to do this, we have added positive estimate revisions for the current quarter's (Q1) earnings to our screen. When a stock undergoes an upward revision, it leads to additional price gains.
Screening Parameters
Relative % Price change - 12 weeks greater than 0
Relative % Price change - 4 weeks greater than 0
Relative % Price change - 1 week greater than 0
(We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)
% Change (Q1) Est. over 4 Weeks greater than 0: Positive current quarter estimate revisions over the last four weeks.
Zacks Rank equal to 1: Only Zacks Rank #1 (Strong Buy) stocks - that have returned more than 26% annually over the last 26 years and surpassed the S&P 500 in 23 of the last 26 years - can get through. You can see the complete list of today's Zacks #1 Rank stocks here .
Current Price greater than or equal to $5 and Average 20-day Volume greater than or equal to 50,000: A minimum price of $5 is a good standard to screen low-priced stocks, while a high trading volume would imply adequate liquidity.
VGM Scoreless than or equal to B: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or #2 (Buy) offer the best upside potential.
Here are five of the nine stocks that made it through the screen:
Allegheny Technologies IncorporatedATI : Headquartered in Pittsburgh, PA, Allegheny Technologies is a diversified specialty materials producer of titanium, nickel-super alloys, and zirconium. The firm has a VGM Score of B and a good earnings surprise history. It has a 75% track of outperforming estimates over the last four quarters at an average rate of 41.7%.
MEDNAX, Inc.MD : MEDNAX is the nation's largest provider of neonatal, anesthesia, radiology, maternal-fetal, and pediatric physician services. Sporting a VGM Score of B, this Sunrise, FL-headquartered company's expected EPS growth rate for three to five years currently stands at 10%, comparing favorably with the industry's growth rate of 8.3%.
Broadridge Financial Solutions, Inc.BR : A provider of technology-based outsourcing solutions to the financial services industry, Broadridge Financial Solutions has a VGM Score of B. Over 30 days, the Lake Success, NY-based company has seen the Zacks Consensus Estimate for FY 2018 and FY 2019 increase 8.6% and 9.2%, to $4.04 and $4.41 per share, respectively.
AllianceBernstein Holding L.P.AB : Founded in 2000 and headquartered in New York, NY, AllianceBernstein is a global provider of investment management and research services. The partnership, which serves various institutional and high-end market participants, has a VGM Score of A and an enviable earnings surprise history. It surpassed estimates in three of the last four quarters.
Aaron's, Inc.AAN : Headquartered in Atlanta, GA, Aaron's is a leading provider of sales and lease ownership, or rent-to-own (RTO), stores for retailing of furniture, consumer electronics, computers and home appliances and accessories throughout the U.S. and Canada. The 2018 Zacks Consensus Estimate for this company is $3.30, representing some 28.9% earnings per share growth over 2017. Next year's average forecast is $3.66, pointing to another 11% growth. Aaron's has a VGM Score of B.
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 Research Wizard trial 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.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it 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
AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Mednax, Inc (MD): Free Stock Analysis Report
Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report
Broadridge Financial Solutions, Inc. (BR): 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.
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, Inc.AAN : Headquartered in Atlanta, GA, Aaron's is a leading provider of sales and lease ownership, or rent-to-own (RTO), stores for retailing of furniture, consumer electronics, computers and home appliances and accessories throughout the U.S. and Canada. Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. On such comparison, if we find that a stock is unable to match up to wider sectoral growth despite having impressive earnings momentum or valuation multiples, it may be better to avoid it.
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Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN : Headquartered in Atlanta, GA, Aaron's is a leading provider of sales and lease ownership, or rent-to-own (RTO), stores for retailing of furniture, consumer electronics, computers and home appliances and accessories throughout the U.S. and Canada. Screening Parameters Relative % Price change - 12 weeks greater than 0 Relative % Price change - 4 weeks greater than 0 Relative % Price change - 1 week greater than 0 (We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)
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Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN : Headquartered in Atlanta, GA, Aaron's is a leading provider of sales and lease ownership, or rent-to-own (RTO), stores for retailing of furniture, consumer electronics, computers and home appliances and accessories throughout the U.S. and Canada. Screening Parameters Relative % Price change - 12 weeks greater than 0 Relative % Price change - 4 weeks greater than 0 Relative % Price change - 1 week greater than 0 (We have considered those stocks that have been outperforming the S&P 500 over the last 12 weeks, four weeks and one week.)
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Aaron's, Inc.AAN : Headquartered in Atlanta, GA, Aaron's is a leading provider of sales and lease ownership, or rent-to-own (RTO), stores for retailing of furniture, consumer electronics, computers and home appliances and accessories throughout the U.S. and Canada. Click to get this free report AllianceBernstein Holding L.P. (AB): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Mednax, Inc (MD): Free Stock Analysis Report Allegheny Technologies Incorporated (ATI): Free Stock Analysis Report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report To read this article on Zacks.com click here. VGM Scoreless than or equal to B: Our research shows that stocks with a VGM Score of A or B when combined with a Zacks Rank #1 or #2 (Buy) offer the best upside potential.
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4bd23c68-1aa1-4c6c-b31c-ba29d96d52e6
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9053.0
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2018-02-16 00:00:00 UTC
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5 Top Momentum Stocks Supported by Driehaus Strategy
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AAN
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https://www.nasdaq.com/articles/5-top-momentum-stocks-supported-by-driehaus-strategy-2018-02-16
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nan
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nan
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Driehaus strategy, which is based on the "buy high and sell higher" principle, is used to invest in momentum stocks. This investment approach is ideal for those who have a high-risk appetite. The success of this particular investment strategy helped Richard Driehaus earn a place in Barron's All-Century Team.
Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500. Thus, investors with a high risk appetite may opt for this strategy.
A Look at Driehaus' Strategy
After a detailed study of the Driehaus' strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was made to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
"I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.
Screening Parameters
The percentage 50-day moving average is one of the key criteria in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included in this strategy.
In order to make the strategy more profitable, we have only considered those stocks that have a Zacks Rank #1 (Strong Buy) as well as a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential.
• Zacks Rank equal to #1
(Only Strong Buy rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .)
• Last 5-year average EPS growth rates above 2%
(Strong EPS growth history ensures improving business.)
• Trailing 12 month EPS growth higher than 0 and industry median
(Higher EPS growth compared to the industry average indicates superior stocks.)
• Last four-quarter average EPS surprise greater than 5%
(Positive EPS surprise indicates potential.)
• Positive % 50-day moving average and relative strength over 4 weeks
(High % 50-day moving average and relative strength signal uptrend.)
• Momentum Score equal to or less than B
(A favorable Momentum Score indicates that it is ideal to take advantage of the momentum with the highest probability of success.)
These few parameters narrowed down the universe of over 7,902 stocks to only 18.
Here are five of the 18 stocks:
Aaron's, Inc. AAN is an omnichannel provider of lease-purchase solutions. The company has a Momentum Score of B and an average four-quarter positive earnings surprise of 7.3%.
Shutterfly, Inc. SFLY is a manufacturer of personalized products and services. The company has a Momentum Score of B and an average four-quarter positive earnings surprise of 13%.
TD Ameritrade Holding Corporation AMTD is a provider of securities brokerage and related technology-based financial services. The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 17.1%.
Houlihan Lokey, Inc. HLI is an investment banking company. The company has a Momentum Score of B and the four-quarter positive earnings surprise averages 25.6%.
Louisiana-Pacific Corporation LPX is a manufacturer of building products primarily for new home construction and outdoor structures. The company has a Momentum Score of B and an average four-quarter positive earnings surprise of 5.2%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
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 Research Wizard trial 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.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it 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
Shutterfly, Inc. (SFLY): Free Stock Analysis Report
Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report
TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Houlihan Lokey, Inc. (HLI): 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.
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 of the 18 stocks: Aaron's, Inc. AAN is an omnichannel provider of lease-purchase solutions. Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns.
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Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are five of the 18 stocks: Aaron's, Inc. AAN is an omnichannel provider of lease-purchase solutions. • Trailing 12 month EPS growth higher than 0 and industry median (Higher EPS growth compared to the industry average indicates superior stocks.)
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Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. Here are five of the 18 stocks: Aaron's, Inc. AAN is an omnichannel provider of lease-purchase solutions. "I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.
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Here are five of the 18 stocks: Aaron's, Inc. AAN is an omnichannel provider of lease-purchase solutions. Click to get this free report Shutterfly, Inc. (SFLY): Free Stock Analysis Report Louisiana-Pacific Corporation (LPX): Free Stock Analysis Report TD Ameritrade Holding Corporation (AMTD): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Houlihan Lokey, Inc. (HLI): Free Stock Analysis Report To read this article on Zacks.com click here. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend.
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3af2dfa2-c296-46c6-bb2d-583077bf5356
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9054.0
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2018-02-16 00:00:00 UTC
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New Strong Buy Stocks for February 16th
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AAN
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https://www.nasdaq.com/articles/new-strong-buy-stocks-february-16th-2018-02-16
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nan
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Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
Aaron's, Inc. (AAN): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days.
Aaron's, Inc. Price and Consensus
Aaron's, Inc. price-consensus-chart | Aaron's, Inc. Quote
Arch Coal, Inc . (ARCH): This producer and seller of thermal and metallurgical coal from surface and underground mines has seen the Zacks Consensus Estimate for its current year earnings increasing 39.6% over the last 60 days.
Arch Coal Inc. Price and Consensus
Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote
Fiat Chrysler Automobiles N.V. (FCAU): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.
Fiat Chrysler Automobiles N.V. Price and Consensus
Fiat Chrysler Automobiles N.V. price-consensus-chart | Fiat Chrysler Automobiles N.V. Quote
Sleep Number Corporation (SNBR): This company that provides sleep solutions and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.
Select Comfort Corporation Price and Consensus
Select Comfort Corporation price-consensus-chart | Select Comfort Corporation Quote
United Rentals, Inc. (URI): This equipment rental company has seen the Zacks Consensus Estimate for its current year earnings increasing 23.5% over the last 60 days.
United Rentals, Inc. Price and Consensus
United Rentals, Inc. price-consensus-chart | United Rentals, Inc. Quote
You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here
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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
United Rentals, Inc. (URI): Free Stock Analysis Report
Select Comfort Corporation (SNBR): Free Stock Analysis Report
Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report
Arch Coal Inc. (ARCH): Free Stock Analysis Report
Aaron's, 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.
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 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (AAN): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. Click to get this free report United Rentals, Inc. (URI): Free Stock Analysis Report Select Comfort Corporation (SNBR): Free Stock Analysis Report Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report Arch Coal Inc. (ARCH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. (ARCH): This producer and seller of thermal and metallurgical coal from surface and underground mines has seen the Zacks Consensus Estimate for its current year earnings increasing 39.6% over the last 60 days.
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Click to get this free report United Rentals, Inc. (URI): Free Stock Analysis Report Select Comfort Corporation (SNBR): Free Stock Analysis Report Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report Arch Coal Inc. (ARCH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (AAN): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. Fiat Chrysler Automobiles N.V. Price and Consensus Fiat Chrysler Automobiles N.V. price-consensus-chart | Fiat Chrysler Automobiles N.V. Quote Sleep Number Corporation (SNBR): This company that provides sleep solutions and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.
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Click to get this free report United Rentals, Inc. (URI): Free Stock Analysis Report Select Comfort Corporation (SNBR): Free Stock Analysis Report Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report Arch Coal Inc. (ARCH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (AAN): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. Arch Coal Inc. Price and Consensus Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote Fiat Chrysler Automobiles N.V. (FCAU): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.
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Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (AAN): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. Click to get this free report United Rentals, Inc. (URI): Free Stock Analysis Report Select Comfort Corporation (SNBR): Free Stock Analysis Report Fiat Chrysler Automobiles N.V. (FCAU): Free Stock Analysis Report Arch Coal Inc. (ARCH): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Arch Coal Inc. Price and Consensus Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote Fiat Chrysler Automobiles N.V. (FCAU): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.
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c0da0f8b-7202-4d69-a45b-8c59deff6263
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9055.0
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2018-02-16 00:00:00 UTC
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Aaron's Meets 80-Plus Relative Strength Rating Benchmark
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AAN
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https://www.nasdaq.com/articles/aarons-meets-80-plus-relative-strength-rating-benchmark-2018-02-16
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nan
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nan
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The Relative Strength ( RS ) Rating for Aaron's ( AAN ) climbed into a new percentile Friday, with a rise from 74 to 85.
[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 in the early stages of their moves.
See How IBD Helps You Make More Money In Stocks
Aaron's is working on a consolidation with a 48.32 buy point . See if the stock can clear the breakout price in heavy trading.
Aaron's saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -14% to 30%. Revenue rose from 9% to 11%.
Aaron's earns the No. 2 rank among its peers in the Retail-Consumer Electronics industry group. Best Buy ( BBY ) is the No. 1-ranked stock within the group.
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Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
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.
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The Relative Strength ( RS ) Rating for Aaron's ( AAN ) climbed into a new percentile Friday, with a rise from 74 to 85. Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 in the early stages of their moves. See How IBD Helps You Make More Money In Stocks Aaron's is working on a consolidation with a 48.32 buy point .
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The Relative Strength ( RS ) Rating for Aaron's ( AAN ) climbed into a new percentile Friday, with a rise from 74 to 85. Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock 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 Relative Strength ( RS ) Rating for Aaron's ( AAN ) climbed into a new percentile Friday, with a rise from 74 to 85. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database. See How IBD Helps You Make More Money In Stocks Aaron's is working on a consolidation with a 48.32 buy point .
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The Relative Strength ( RS ) Rating for Aaron's ( AAN ) climbed into a new percentile Friday, with a rise from 74 to 85. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database. See How IBD Helps You Make More Money In Stocks Aaron's is working on a consolidation with a 48.32 buy point .
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128d9e0c-6c4b-4730-a9a5-2a550bb8842f
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9056.0
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2018-02-16 00:00:00 UTC
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Aaron's (AAN) Beats on Q4 Earnings & Sales, Guides for 2018
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AAN
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https://www.nasdaq.com/articles/aarons-aan-beats-on-q4-earnings-sales-guides-for-2018-2018-02-16
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After reporting a negative earnings surprise in the third quarter, Aaron's, Inc . AAN returned to positive surprise in fourth-quarter 2017 with earnings topping estimates and improving year over year. With this, the company has delivered earnings beat in six of the trailing seven quarters. Additionally, the company's top-line surpassed estimates for the fourth straight quarter.
Driven by robust past performances and recent momentum, this Zacks Rank #1 (Strong Buy) stock has gained 8.4% in the past month against the industry 's decline of 0.9%.
The solid fourth-quarter results came on the back of significant growth at the Progressive segment and notable improvement in profit margin for the Aaron's business. Improvements in average ticket size, customer retention rates and collections also contributed to strong results. At quarter end, the company's lease margin touched its highest level in three years.
Q4 Highlights
Aaron's delivered adjusted earnings of 65 cents per share, which surpassed the Zacks Consensus Estimate of 54 cents and also increased 30% from the prior-year quarter.
Including one-time items, the company reported GAAP earnings per share of $2.46 compared with 30 cents in the prior-year quarter. Earnings for fourth-quarter 2017 included a net gain of $137 million from the recent Tax Cuts and Jobs Act.
The company's top line came in at $884.6 million, up 11.2% year over year and ahead of the Zacks Consensus Estimate of $874.3 million driven by sharp increase in progressive leasing revenues.
Comparable-store sales (comps) at company-operated stores dropped 5.4%. Further, the customer count on a same-store basis dipped 4%. At quarter end, the company-operated Aaron's stores had 983,000 customers, reflecting a 1% year-over-year increase.
Aaron's franchisee revenues also declined 24.3% to $162.1 million in the reported quarter. Same store revenues for franchise stores and same-store customer counts declined decreased 5.2% and 3.9%, respectively. In fact, the franchisees had a customer base of 416,000, at the end of 2017, representing a decline of 23.5% year over year.
The company's adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) improved 21.7% year over year to $89.9 million. Moreover, the adjusted EBITDA margin expanded 230 basis points (bps) to about 9.3% in the quarter.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
Segment Details
Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business, Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as the Aaron's Business), and Dent-A-Med, Inc. - DAMI.
Progressive Leasing
Progressive Leasing's revenues came in at $428.5 million in the reported quarter, up 32.3% year-over-year. This was driven by a 10% rise in the number of active doors and 24% growth in invoice volume per active door. As of Dec 31, 2017, the segment had 740,000 customers representing 24% growth year over year.
The segment's adjusted EBITDA was $50 million compared with $41.7 million in the year-ago quarter. However, adjusted EBITDA margin expanded 40 bps to 5.6%.
Aaron's Business
Aaron's Business' total revenues declined 3.6% to $446.9 million in the fourth quarter. However, lease revenues and fees for the three months ended Dec 31, 2017 increased 0.6% year over year. However, non-retail sales decreased 17.0% compared with the year-ago quarter.
Adjusted EBITDA for the Aaron's Business segment was $41.4 million, up 27.8% from the year-ago figure of $32.3 million. However, EBITDA margin contracted 60 bps to 4.7%.
DAMI
Revenues at the DAMI segment were $9.3 million up from $7.5 million in the year-ago period.
Financial Position
Aaron's ended the quarter with cash and cash equivalents of $51 million, debt of $368.8 million and shareholders' equity of $1,728 million.
During 12 months of 2017, the company generated cash from operations of $158.1 million. Further, Aaron's repurchased 753,000 shares in fourth-quarter 2017 for $28.2 million.
Moreover, the company has replaced its existing buyback program with a fresh authorization to repurchase up to 500 million.
2018 Guidance
Management remains impressed with quarterly performance and looks forward to its Progressive business' growth and progress on transformation of its Aaron's Business. Further, it aims at maximizing revenue and EBITDA growth in 2018.
The company provided outlook for 2018. Aaron's now expects total revenues in the range of $3.68-$3.89 billion. Meanwhile, management is anticipating 2018 adjusted earnings in the band of $3.20-3.50 per share. The Zacks Consensus Estimate for current year is pegged at $3.27 per share. Notably, this guidance excludes the Progressive and franchisee acquisition associated with intangible amortization, along with the future one-time or unusual items. GAAP earnings projection is raised in the range of $2.90-$3.20 per share.
Total revenues for Aaron's Business segment are projected in the band of $1.70-$1.80 billion, which comprises of lease revenue of $1.40-$1.50 billion. Moreover, for the Aaron's business, annual same stores revenue is estimated to decline in the range of 1-4%.
While revenues at Progressive are estimated in the band of $1.95-$2.05 billion, the same at the DAMI segment are projected to be between $30 million and $40 million.
The company's adjusted EBITDA is now expected to be in $380-$413 million band. On a segmental basis, Aaron's Business adjusted EBITDA is continued to be anticipated in the range of $170-$185 million. EBITDA for the Progressive division is guided in the band of $215-$230 million. For the DAMI segment, its EBITDA is projected to decline in the range of $2-$5 million.
Looking for Solid Stocks, Check These
Investors interested may consider Beacon Roofing Supply Inc. BECN , American Eagle Outfitters Inc. AEO and Big Lots Inc. BIG , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Beacon Roofing delivered an average positive earnings surprise of 12.3%, in the trailing four quarters. It has a long-term earnings growth rate of 18.8%.
American Eagle pulled off an average positive earnings surprise of 2.6%, in the trailing four quarters. Additionally, it has a long-term earnings growth rate of 5.5%.
Big Lots delivered an average positive earnings surprise of 11.1% in the trailing four quarters. Further, it has a long-term earnings growth rate of 13.5%.
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Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Big Lots, Inc. (BIG): 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.
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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AAN returned to positive surprise in fourth-quarter 2017 with earnings topping estimates and improving year over year. Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. The solid fourth-quarter results came on the back of significant growth at the Progressive segment and notable improvement in profit margin for the Aaron's business.
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Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. AAN returned to positive surprise in fourth-quarter 2017 with earnings topping estimates and improving year over year. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote Segment Details Aaron's operates through three primary businesses - the Progressive Leasing's virtual lease-to-own business, Aaron's branded company-owned and franchised lease-to-own stores, Aarons.com and Woodhaven (collectively known as the Aaron's Business), and Dent-A-Med, Inc. - DAMI.
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Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. AAN returned to positive surprise in fourth-quarter 2017 with earnings topping estimates and improving year over year. The company's top line came in at $884.6 million, up 11.2% year over year and ahead of the Zacks Consensus Estimate of $874.3 million driven by sharp increase in progressive leasing revenues.
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AAN returned to positive surprise in fourth-quarter 2017 with earnings topping estimates and improving year over year. Click to get this free report Beacon Roofing Supply, Inc. (BECN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's franchisee revenues also declined 24.3% to $162.1 million in the reported quarter.
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c1702490-9325-4703-959b-5df060ee5bdb
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9057.0
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2018-02-16 00:00:00 UTC
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5 New Strong Buy Stocks for February 16th
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AAN
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https://www.nasdaq.com/articles/5-new-strong-buy-stocks-february-16th-2018-02-16
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today:
Aaron's, Inc. (NYSE: AAN ): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days.
5 Dividend Growth Stocks Powered by Unstoppable Megatrends
Aaron's, Inc. Price and Consensus
Aaron's, Inc. price-consensus-chart | Aaron's, Inc. Quote
New Strong Buy Stocks for February 16th: Arch Coal, Inc. (ARCH)
Arch Coal, Inc . (NYSE: ARCH ): This producer and seller of thermal and metallurgical coal from surface and underground mines has seen the Zacks Consensus Estimate for its current year earnings increasing 39.6% over the last 60 days.
5 Top Stocks With a Handsome Net Profit Margin
Arch Coal Inc. Price and Consensus
Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote
New Strong Buy Stocks for February 16th: Fiat Chrysler Automobiles NV (FCAU)
Fiat Chrysler Automobiles NV (NYSE: FCAU ): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.
4 Top Stocks to Buy Amid the Selloff
Fiat Chrysler Automobiles N.V. Price and Consensus
Fiat Chrysler Automobiles N.V. price-consensus-chart | Fiat Chrysler Automobiles N.V. Quote
New Strong Buy Stocks for February 16th: Sleep Number Corp (SNBR)
Sleep Number Corp (NASDAQ: SNBR ): This company that provides sleep solutions and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.
5 Mid-Cap Growth ETFs for a Roller-Coaster Market
Select Comfort Corporation Price and Consensus
Select Comfort Corporation price-consensus-chart | Select Comfort Corporation Quote
New Strong Buy Stocks for February 16th: United Rentals, Inc. (URI)
United Rentals, Inc. (NYSE: URI ): This equipment rental company has seen the Zacks Consensus Estimate for its current year earnings increasing 23.5% over the last 60 days.
5 Small Cap Value Stocks That are on Sale
United Rentals, Inc. Price and Consensus
United Rentals, Inc. price-consensus-chart | United Rentals, Inc. Quote
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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The post 5 New Strong Buy Stocks for February 16th appeared first on InvestorPlace .
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.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (NYSE: AAN ): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. (NYSE: ARCH ): This producer and seller of thermal and metallurgical coal from surface and underground mines has seen the Zacks Consensus Estimate for its current year earnings increasing 39.6% over the last 60 days. 5 Top Stocks With a Handsome Net Profit Margin Arch Coal Inc. Price and Consensus Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote New Strong Buy Stocks for February 16th: Fiat Chrysler Automobiles NV (FCAU) Fiat Chrysler Automobiles NV (NYSE: FCAU ): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (NYSE: AAN ): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. 5 Top Stocks With a Handsome Net Profit Margin Arch Coal Inc. Price and Consensus Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote New Strong Buy Stocks for February 16th: Fiat Chrysler Automobiles NV (FCAU) Fiat Chrysler Automobiles NV (NYSE: FCAU ): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days. 4 Top Stocks to Buy Amid the Selloff Fiat Chrysler Automobiles N.V. Price and Consensus Fiat Chrysler Automobiles N.V. price-consensus-chart | Fiat Chrysler Automobiles N.V. Quote New Strong Buy Stocks for February 16th: Sleep Number Corp (SNBR) Sleep Number Corp (NASDAQ: SNBR ): This company that provides sleep solutions and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (NYSE: AAN ): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. 5 Top Stocks With a Handsome Net Profit Margin Arch Coal Inc. Price and Consensus Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote New Strong Buy Stocks for February 16th: Fiat Chrysler Automobiles NV (FCAU) Fiat Chrysler Automobiles NV (NYSE: FCAU ): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days. 4 Top Stocks to Buy Amid the Selloff Fiat Chrysler Automobiles N.V. Price and Consensus Fiat Chrysler Automobiles N.V. price-consensus-chart | Fiat Chrysler Automobiles N.V. Quote New Strong Buy Stocks for February 16th: Sleep Number Corp (SNBR) Sleep Number Corp (NASDAQ: SNBR ): This company that provides sleep solutions and services has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List today: Aaron's, Inc. (NYSE: AAN ): This company that operates an omnichannel provider of lease-purchase solutions has seen the Zacks Consensus Estimate for its current year earnings increasing 11.9% over the last 60 days. 5 Dividend Growth Stocks Powered by Unstoppable Megatrends Aaron's, Inc. Price and Consensus Aaron's, Inc. price-consensus-chart | Aaron's, Inc. Quote New Strong Buy Stocks for February 16th: Arch Coal, Inc. (ARCH) Arch Coal, Inc . 5 Top Stocks With a Handsome Net Profit Margin Arch Coal Inc. Price and Consensus Arch Coal Inc. price-consensus-chart | Arch Coal Inc. Quote New Strong Buy Stocks for February 16th: Fiat Chrysler Automobiles NV (FCAU) Fiat Chrysler Automobiles NV (NYSE: FCAU ): This manufacturer and seller of vehicles, components, and production systems has seen the Zacks Consensus Estimate for its current year earnings increasing 20% over the last 60 days.
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9058.0
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2018-02-15 00:00:00 UTC
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Mid-Day Market Update: SolarEdge Technologies Gains Following Q4 Earnings Beat; Avid Bioservices Shares Slide
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AAN
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https://www.nasdaq.com/articles/mid-day-market-update-solaredge-technologies-gains-following-q4-earnings-beat-avid
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Midway through trading Thursday, the Dow traded up 0.27 percent to 24,960.45 while the NASDAQ climbed 0.67 percent to 7,191.27. The S&P also rose, gaining 0.36 percent to 2,708.41.
Leading and Lagging Sectors
On Thursday, the non-cyclical consumer goods & services shares climbed 0.95 percent. meanwhile, top gainers in the sector included Aaron's, Inc. (NYSE: AAN ), up 15 percent, and Avon Products, Inc. (NYSE: AVP ), up 8 percent.
In trading on Thursday, energy shares tumbled 0.72 percent. Meanwhile, top losers in the sector included SunPower Corporation (NASDAQ: SPWR ), down 9 percent, and Marathon Oil Corporation (NYSE: MRO ) down 7 percent.
Top Headline
Cisco Systems, Inc. (NASDAQ: CSCO ) reported stronger-than-expected results for its second quarter on Wednesday.
Cisco said it earned 63 cents per share in the second quarter on revenue of $11.9 billion versus expectations of 59 cents per share and $11.81 billion.
Cisco boosted its quarterly dividend from 29 cents per share to 33 cents per share and guided its fiscal third quarter EPS above the Street's estimates.
Equities Trading UP
Solaredge Technologies Inc (NASDAQ: SEDG ) shares shot up 20 percent to $44.45 after the company posted better-than-expected Q4 earnings and issued a strong guidance. A 13F filing from George Soros also showed an increased stake in the company.
Shares of AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG ) got a boost, shooting up 32 percent to $18.40 after the pharmaceutical company that focuses on maternal health, announced an update for its therapy to reduce the risk of preterm birth in certain at-risk women called Makena. The company said that the U.S. Food and Drug Administration approved Makena for pregnant women with one baby and who spontaneously delivered one preterm baby in the past.
Build-A-Bear Workshop, Inc (NYSE: BBW ) shares were also up, gaining 20 percent to $9.40 as the company posted better-than-expected Q4 earnings.
Equities Trading DOWN
Avid Bioservices Inc (NASDAQ: CDMO ) shares dropped 27 percent to $2.35. Avid Bioservices priced its 9 million share public offering of common stock at $2.25 per share.
Shares of Inpixon (NASDAQ: INPX ) were down 24 percent to $2.40 after announcing launch of public offering of Class A and B units.
CAI International Inc (NYSE: CAI ) was down, falling around 20 percent to $21.40. CAI International reported upbeat Q4 earnings, while sales missed estimates.
Commodities
In commodity news, oil traded up 0.02 percent to $60.61 while gold traded down 0.25 percent to $1,354.60.
Silver traded down 1.05 percent Thursday to $16.70, while copper rose 0.09 percent to $3.239.
Eurozone
European shares were higher today. The eurozone's STOXX 600 climbed 0.53 percent, the Spanish Ibex Index rose 0.30 percent, while Italy's FTSE MIB Index jumped 0.28 percent. Meanwhile the German DAX gained 0.06 percent, and the French CAC 40 rose 1.11 percent while U.K. shares rose 0.29 percent.
Economics
Initial jobless claims gained 7,000 to 230,000 in the latest week. Economists projected claims to reach 230,000 last week.
The Producer Price Index rose 0.4 percent for January, versus economists' expectations for a 0.4 percent gain.
The Philadelphia Fed manufacturing index climbed to 25.8 in February, versus a reading of 22.2 in January. However, economists were expecting a reading of 21.1.
The Empire State manufacturing index declined to 13.1 in February, compared to 17.7 in January. Economists projected a reading of 17.5.
U.S. industrial production declined 0.1 percent for January, versus economists' expectations for a 0.2 percent growth.
The NAHB housing market index remained flat at 72 for February. However, economists projected a reading of 72.
© 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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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.
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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meanwhile, top gainers in the sector included Aaron's, Inc. (NYSE: AAN ), up 15 percent, and Avon Products, Inc. (NYSE: AVP ), up 8 percent. Equities Trading UP Solaredge Technologies Inc (NASDAQ: SEDG ) shares shot up 20 percent to $44.45 after the company posted better-than-expected Q4 earnings and issued a strong guidance. Build-A-Bear Workshop, Inc (NYSE: BBW ) shares were also up, gaining 20 percent to $9.40 as the company posted better-than-expected Q4 earnings.
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meanwhile, top gainers in the sector included Aaron's, Inc. (NYSE: AAN ), up 15 percent, and Avon Products, Inc. (NYSE: AVP ), up 8 percent. Cisco said it earned 63 cents per share in the second quarter on revenue of $11.9 billion versus expectations of 59 cents per share and $11.81 billion. The Producer Price Index rose 0.4 percent for January, versus economists' expectations for a 0.4 percent gain.
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meanwhile, top gainers in the sector included Aaron's, Inc. (NYSE: AAN ), up 15 percent, and Avon Products, Inc. (NYSE: AVP ), up 8 percent. The eurozone's STOXX 600 climbed 0.53 percent, the Spanish Ibex Index rose 0.30 percent, while Italy's FTSE MIB Index jumped 0.28 percent. Meanwhile the German DAX gained 0.06 percent, and the French CAC 40 rose 1.11 percent while U.K. shares rose 0.29 percent.
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meanwhile, top gainers in the sector included Aaron's, Inc. (NYSE: AAN ), up 15 percent, and Avon Products, Inc. (NYSE: AVP ), up 8 percent. Silver traded down 1.05 percent Thursday to $16.70, while copper rose 0.09 percent to $3.239. The eurozone's STOXX 600 climbed 0.53 percent, the Spanish Ibex Index rose 0.30 percent, while Italy's FTSE MIB Index jumped 0.28 percent.
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9059.0
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2018-02-15 00:00:00 UTC
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Why Aaron's Inc. Stock Surged 19% This Morning
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AAN
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https://www.nasdaq.com/articles/why-aarons-inc-stock-surged-19-morning-2018-02-15
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nan
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What happened
Rent-to-own home furnishings specialist Aaron's, Inc. (NYSE: AAN) saw its stock soar 19% in early Thursday trading, after reporting Q4 and full-year 2017 earnings. The stock is up 13.7% as of 10:55 a.m. EST, buoyed by news that Aaron's beat Wall Street forecasts for both sales and earnings.
Q4 sales came in at $884.6 million, ahead of Wall Street's forecast $874.3 million. Pro forma profits were $0.65 per share, more than a dime better than the $0.54 that analysts had been looking for.
So what
"A strong fourth quarter capped a year of significant achievement for Aaron's," said Aaron's CEO John Robinson. "We delivered record revenues, EBITDA, and non-GAAP diluted EPS for the full year... ."
Aaron's earned $4.06 per share for full fiscal-year 2017, more than twice the $1.91 per share net profit earned in 2016. This was despite the fact that sales grew only 5% year over year to $3.4 billion.
Management credited "meaningful improvement in average ticket and lease margin in the fourth quarter" for its gains, though it's worth pointing out that the company also enjoyed a big $137 million tax benefit from the effects of tax reform in the fourth quarter, which significantly boosted results.
Now what
Looking to 2018, in which the U.S. tax code presumably will not undergo any more wholesale overhauls, Aaron's predicted that it will book between $3.68 billion and $3.89 billion in sales this year, and earn per-share GAAP profits between $2.90 and $3.20 on those sales.
At today's share price of just under $46, this appears to price Aaron's stock at about 15 times what it expects to earn this year. That is just about exactly what a stock, that analysts presume will grow earnings at 15% over the next five years, is expected to cost.
Long story short: Aaron's stock price surge on Thursday is justified, but the easy money has already been made.
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Rich Smith 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.
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 Rent-to-own home furnishings specialist Aaron's, Inc. (NYSE: AAN) saw its stock soar 19% in early Thursday trading, after reporting Q4 and full-year 2017 earnings. Management credited "meaningful improvement in average ticket and lease margin in the fourth quarter" for its gains, though it's worth pointing out that the company also enjoyed a big $137 million tax benefit from the effects of tax reform in the fourth quarter, which significantly boosted results. Long story short: Aaron's stock price surge on Thursday is justified, but the easy money has already been made.
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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. What happened Rent-to-own home furnishings specialist Aaron's, Inc. (NYSE: AAN) saw its stock soar 19% in early Thursday trading, after reporting Q4 and full-year 2017 earnings. 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 Rent-to-own home furnishings specialist Aaron's, Inc. (NYSE: AAN) saw its stock soar 19% in early Thursday trading, after reporting Q4 and full-year 2017 earnings. Now what Looking to 2018, in which the U.S. tax code presumably will not undergo any more wholesale overhauls, Aaron's predicted that it will book between $3.68 billion and $3.89 billion in sales this year, and earn per-share GAAP profits between $2.90 and $3.20 on those sales. At today's share price of just under $46, this appears to price Aaron's stock at about 15 times what it expects to earn this year.
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What happened Rent-to-own home furnishings specialist Aaron's, Inc. (NYSE: AAN) saw its stock soar 19% in early Thursday trading, after reporting Q4 and full-year 2017 earnings. Management credited "meaningful improvement in average ticket and lease margin in the fourth quarter" for its gains, though it's worth pointing out that the company also enjoyed a big $137 million tax benefit from the effects of tax reform in the fourth quarter, which significantly boosted results. At today's share price of just under $46, this appears to price Aaron's stock at about 15 times what it expects to earn this year.
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0addeef7-315f-4213-8478-65c56b31f420
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9060.0
|
2018-02-15 00:00:00 UTC
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Consumer Sector Update for 02/15/2018: POOL,AAN,USFD,THS
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AAN
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https://www.nasdaq.com/articles/consumer-sector-update-02152018-poolaanusfdths-2018-02-15
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nan
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nan
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Top Consumer Stocks
WMT +1.71%
MCD +0.38%
DIS +0.34%
CVS +0.59%
KO +1.24%
Consumer stocks continued to increase their previous gains during Thursday trading, with shares of consumer staples companies in the S&P 500 rising over 1.4% this afternoon while shares of consumer discretionary firms in the S&P 500 were climbing almost 0.7%.
Among consumer stocks moving on news:
+ Pool Corp ( POOL ) rallied to a new all-time high on Thursday, reaching a best-ever $149.88 a share, after reporting Q4 financial results topping analyst expectations and also guiding its FY18 earnings above the Street consensus. Excluding one-time items, the swimming pool supplies company earned $0.21 per share during the three months ended Dec. 31, beating the Capital IQ consensus by $0.04 per share. Revenue rose to $510.2 million from $445.2 million during the same quarter last year and also exceeding the $479.3 million Street view. For FY18, Pool is projecting adjusted net income in a range of $5.36 to $5 61 per share, representing an increase of between 27% to 33% over prior-year levels and topping the analyst mean by at least $0.63 per share.
In other sector news:
+ Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. Excluding one-time items, the company earned $0.65 per share, building on an adjusted profit of $0.50 per share during the same quarter last year and beating the Capital IQ consensus call by $0.09 per share. Revenue increased to $884.6 million from $795 million last year, also exceeding the $871.1 million analyst consensus. Looking forward, Aaron's is projecting FY18 adjusted net income in a range of $3.20 to $3.50 per share on between $3.68 billion to $3.89 billion in revenue. That compares with the Street view looking for $3.20 per share and $3.67 billion in revenue.
+ US Foods ( USFD ) rose Thursday after reporting adjusted Q4 net income and revenue exceeding analsyt estimates. Excluding one-time items, it earned $0.44 per share on $6.0 billion in revenue. Analysts, on average, were modelling for an adjusted Q4 profit of $0.43 per share on $5.92 billion in revenue. The company is expecting revenue to grow between 3% to 4% to an implied revenue range of $24.87 billion to $25.12 bilion, straddling the $25.06 billion Street view.
- Treehouse Foods ( THS ) tumbled Thurday, sinking to its lowest price since November 2009 at $36.35 a share, after the food and beverage company issued Q1 and FY18 projections for adjusted net income lagging analyst expectations. Excluding one-time items, the company is expecting adjusted Q1 net income in a range of $0.10 to $0.20 per share, missing the Capital IQ consensus by at least $0.33 per share. It also sees FY18 adjusted net income of between $2.00 to $2.40 per share, trailing the Street view by at least $0.36 per share. For its Q4 ended Dec. 31, Treehouse earned $1.02 per share, excluding one-time items, on $1.70 billion in net sales. Analysts, on average, were expecting the company posting adjusted net income of $0.93 per share on $1.70 billion in sales.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
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 other sector news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. + US Foods ( USFD ) rose Thursday after reporting adjusted Q4 net income and revenue exceeding analsyt estimates. Analysts, on average, were expecting the company posting adjusted net income of $0.93 per share on $1.70 billion in sales.
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In other sector news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. Excluding one-time items, the company earned $0.65 per share, building on an adjusted profit of $0.50 per share during the same quarter last year and beating the Capital IQ consensus call by $0.09 per share. Excluding one-time items, the company is expecting adjusted Q1 net income in a range of $0.10 to $0.20 per share, missing the Capital IQ consensus by at least $0.33 per share.
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In other sector news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. For FY18, Pool is projecting adjusted net income in a range of $5.36 to $5 61 per share, representing an increase of between 27% to 33% over prior-year levels and topping the analyst mean by at least $0.63 per share. Excluding one-time items, the company earned $0.65 per share, building on an adjusted profit of $0.50 per share during the same quarter last year and beating the Capital IQ consensus call by $0.09 per share.
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In other sector news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. Among consumer stocks moving on news: + Pool Corp ( POOL ) rallied to a new all-time high on Thursday, reaching a best-ever $149.88 a share, after reporting Q4 financial results topping analyst expectations and also guiding its FY18 earnings above the Street consensus. Looking forward, Aaron's is projecting FY18 adjusted net income in a range of $3.20 to $3.50 per share on between $3.68 billion to $3.89 billion in revenue.
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561ed2d0-a4a6-4449-9d54-f757a3ac089a
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9061.0
|
2018-02-15 00:00:00 UTC
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Consumer Sector Update for 02/15/2018: AAN,USFD,THS
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AAN
|
https://www.nasdaq.com/articles/consumer-sector-update-02152018-aanusfdths-2018-02-15
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nan
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nan
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Top Consumer Stocks
WMT +1.41%
MCD flat
DIS +0.33%
CVS +0.56%
KO +1.16%
Consumer stocks were broadly higher in Thursday trading, with shares of consumer staples companies in the S&P 500 rising over 1.0% while shares of consumer discretionary firms in the S&P 500 were climbing more than 0.4%.
Among consumer stocks moving on news:
+ Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. Excluding one-time items, the company earned $0.65 per share, building on an adjusted profit of $0.50 per share during the same quarter last year and beating the Capital IQ consensus call by $0.09 per share. Revenue increased to $884.6 million from $795 million last year, also exceeding the $871.1 million analyst consensus. Looking forward, Aaron's is projecting FY18 adjusted net income in a range of $3.20 to $3.50 per share on between $3.68 billion to $3.89 billion in revenue. That compares with the Street view looking for $3.20 per share and $3.67 billion in revenue.
In other sector news:
+ US Foods ( USFD ) rose Thursday after reporting adjusted Q4 net income and revenue exceeding analsyt estimates. Excluding one-time items, it earned $0.44 per share on $6.0 billion in revenue. Analysts, on average, were modelling for an adjusted Q4 profit of $0.43 per share on $5.92 billion in revenue. The company is expecting revenue to grow between 3% to 4% to an implied revenue range of $24.87 billion to $25.12 bilion, straddling the $25.06 billion Street view.
- Treehouse Foods ( THS ) tumbled Thurday, sinking to its lowest price since November 2009 at $36.35 a share, after the food and beverage company issued Q1 and FY18 projections for adjusted net income lagging analyst expectations. Excluding one-time items, the company is expecting adjusted Q1 net income in a range of $0.10 to $0.20 per share, missing the Capital IQ consensus by at least $0.33 per share. It also sees FY18 adjusted net income of between $2.00 to $2.40 per share, trailing the Street view by at least $0.36 per share. For its Q4 ended Dec. 31, Treehouse earned $1.02 per share, excluding one-time items, on $1.70 billion in net sales. Analysts, on average, were expecting the company to post adjusted net income of $0.93 per share on $1.70 billion in sales.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
|
Among consumer stocks moving on news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. In other sector news: + US Foods ( USFD ) rose Thursday after reporting adjusted Q4 net income and revenue exceeding analsyt estimates. Analysts, on average, were expecting the company to post adjusted net income of $0.93 per share on $1.70 billion in sales.
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Among consumer stocks moving on news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. - Treehouse Foods ( THS ) tumbled Thurday, sinking to its lowest price since November 2009 at $36.35 a share, after the food and beverage company issued Q1 and FY18 projections for adjusted net income lagging analyst expectations. Excluding one-time items, the company is expecting adjusted Q1 net income in a range of $0.10 to $0.20 per share, missing the Capital IQ consensus by at least $0.33 per share.
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Among consumer stocks moving on news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. Excluding one-time items, the company earned $0.65 per share, building on an adjusted profit of $0.50 per share during the same quarter last year and beating the Capital IQ consensus call by $0.09 per share. Looking forward, Aaron's is projecting FY18 adjusted net income in a range of $3.20 to $3.50 per share on between $3.68 billion to $3.89 billion in revenue.
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Among consumer stocks moving on news: + Aaron's ( AAN ) climbed to within 23 cents of its all-time high on Thursday, rising 19% to an intra-day high of $47.99 a share, after the appliance and furniture leasing company topped analyst projections with its Q4 financial results and issued an above-consensus forecast for FY18 revenue. Looking forward, Aaron's is projecting FY18 adjusted net income in a range of $3.20 to $3.50 per share on between $3.68 billion to $3.89 billion in revenue. That compares with the Street view looking for $3.20 per share and $3.67 billion in revenue.
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e172e277-71db-4ede-8efc-a516346e6956
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9062.0
|
2018-02-14 00:00:00 UTC
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What's in the Cards for Home Depot (HD) in Q4 Earnings?
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AAN
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https://www.nasdaq.com/articles/whats-in-the-cards-for-home-depot-hd-in-q4-earnings-2018-02-14
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nan
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nan
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The Home Depot, Inc.HD is slated to report fourth-quarter fiscal 2017 results on Feb 20, before the opening bell. In the last quarter, the company delivered a positive earnings surprise of 1.7%.
Moreover, the company has a spectacular positive earnings surprise record for five years now. For the trailing four quarters, the company has delivered an average positive earnings surprise of 3.9%. Let's see how things are shaping up prior to this announcement.
What to Expect?
The question lingering in investors' minds now is whether Home Depot will be able to post positive earnings surprise in the quarter to be reported. The Zacks Consensus Estimate for the quarter under review is $1.62 per share, up 12.5% from the year-ago quarter. We note that the Zacks Consensus Estimate for the quarter has moved down in the last 30 days. Analysts polled by Zacks anticipate revenues of $23.7 billion, reflecting a year-over-year increase of 6.5%.
Home Depot, Inc. (The) Price and EPS Surprise
Home Depot, Inc. (The) Price and EPS Surprise | Home Depot, Inc. (The) Quote
Moreover, we note that the stock has outperformed the Retail-Wholesale sector in the last six months. The company's shares have increased 22.3%, while the sector grew 16.9%. This solid growth comes on the back of a spectacular surprise history and growth strategies, including an interconnected strategy and a focus on Pro customers.
Factors at Play
Improving job scenario, housing market recovery, merchandising initiatives and post-hurricane activities, along with efforts to enhance omnichannel capabilities, have played an instrumental role in boosting Home Depot's stock performance. Further, the company's strong earnings trends and robust outlook bode well.
Home Depot has been reporting strong financial figures since 2008, with steady improvement in revenues and earnings per share. Notably, third-quarter fiscal 2017 marked the company's fifth consecutive sales beat with earnings maintaining its five-year trend of positive surprises. Consequently, management raised its fiscal 2017 guidance. The company anticipates earnings per share to be up nearly 14% to $7.36 in fiscal 2017, reflecting an increase from the previous guidance of 13% growth to $7.29.
Moreover, the company's comparable store sales (comps) trend has been encouraging as it has surpassed the Zacks comps estimate for over two years now. In the most recent quarter, the company's comps improved 7.9%, surpassing the Zacks estimate of 5.6%. Comps growth was aided by robust average ticket, which also topped the Zacks Consensus mark. For the fourth-quarter, the Zacks Consensus Estimate for an average ticket is pegged at 62.
Additionally, the company has been displaying solid growth across all regions, both in stores and online. Further, Pro category sales continue to outperform, driven by constant efforts to enrich customers' experiences. Also, the company has been revamping itself by concentrating on square-footage growth and maximizing productivity from its existing store base. These iterations indicate that the company is poised for another solid quarter ahead.
What the Zacks Model Unveils?
Our proven model does not conclusively show that Home Depot is likely to beat earnings estimates this quarter. This is because, a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Home Depot currently has an Earnings ESP of -2.36%. However, it carries a Zacks Rank #2. Though the company's Zacks Rank #2 increases the predictive power of EPS, a negative Earnings ESP makes surprise prediction difficult.
Other Stocks With Favorable Combination
Here are some companies that you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:
Lowe's Companies Inc. LOW has an Earnings ESP of +3.25% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Macy's Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
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Home Depot, Inc. (The) (HD): Free Stock Analysis Report
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Macy's Inc (M): 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.
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 Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, third-quarter fiscal 2017 marked the company's fifth consecutive sales beat with earnings maintaining its five-year trend of positive surprises.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Home Depot, Inc. (The) Price and EPS Surprise Home Depot, Inc. (The) Price and EPS Surprise | Home Depot, Inc. (The) Quote Moreover, we note that the stock has outperformed the Retail-Wholesale sector in the last six months.
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Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Home Depot, Inc. (The) Price and EPS Surprise Home Depot, Inc. (The) Price and EPS Surprise | Home Depot, Inc. (The) Quote Moreover, we note that the stock has outperformed the Retail-Wholesale sector in the last six months.
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Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Home Depot, Inc. (The) (HD): Free Stock Analysis Report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. Home Depot has been reporting strong financial figures since 2008, with steady improvement in revenues and earnings per share.
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07f6174e-b183-49a1-834c-6b97bf39ecfd
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9063.0
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2018-02-13 00:00:00 UTC
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Newell's (NWL) Preliminary Results Indicate Soft Q4 Earnings
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AAN
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https://www.nasdaq.com/articles/newells-nwl-preliminary-results-indicate-soft-q4-earnings-2018-02-13
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nan
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nan
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Newell Brands Inc.NWL is slated to report fourth-quarter 2017 results on Feb 16, before the opening bell. In the previous quarter, the company reported negative earnings surprise of 6.5%. However, the company's earnings have surpassed the Zacks Consensus Estimate with an average of nearly 3%.
What to Expect?
The big question facing investors is whether this global manufacturer and marketer of consumer and commercial products will be able to deliver a positive earnings surprise in the quarter to be reported. The current Zacks Consensus Estimate for the quarter under review is 69 cents, reflecting a year-over-year decline of 13.8%.
Newell Brands Inc. Price and EPS Surprise
Newell Brands Inc. Price and EPS Surprise | Newell Brands Inc. Quote
We note that the Zacks Consensus Estimate for the quarter has witnessed downward revisions in the past 30 days. Analysts polled by Zacks expect revenues of $3.72 billion, reflecting a 10.2% decline from the prior-year quarter.
However, we note that the stock has underperformed the industry in the past six months. The company's shares have declined 45.5%, while the industry has dropped 14.3%.
Factors at Play
Newell's solid earnings history reflects the splendid performance of its brand as well as Growth Game Plan, ongoing Project Renewal Program and solid acquisitions. The company has also made significant progress on its Growth Game Plan that targets accelerating growth by simplifying and strengthening the portfolio.
Moreover, the company has been keen on the execution of its transformation plan through market share gains, point-of-sale growth, innovation, e-commerce improvement and cost-savings plans. In a move to accelerate the pace of transformation, the company is looking to exit non-strategic assets, reduce complexity and focus on key consumer-focused brands. This will help improve operational performance and enhance shareholder value, amid a rapidly changing retail backdrop.
Under the transformation plan, the company is accelerating the pace by restricting Newell's portfolio on nine core consumer segments that can garner nearly $11 billion of sales and $2 billion of EBITDA. Further, the company is looking for strategic alternatives for assets in its industrial and commercial product as well as smaller consumer businesses.
These strategic alternatives will significantly lower the company's operational complexity by reducing 50% of its global factory and warehouse presence. Additionally, it will reduce the company's customer base by 50% and result in consolidation of 80% of global sales on two ERP platforms by the end of 2019.
Moreover, the company's recently reported soft-core sales and margins for 2017 indicate that there are more troubles ahead for the stock. Sales were hurt by the continuation of retailer inventory rebalancing in the United States, while margins suffered due to the negative mix of lower Writing sales and lower fixed cost absorption due to shorter cycle runs on self-manufactured products. Based on the preliminary results, the company lowered projections for 2017 and provided an initial view for 2018.
The company now expects core sales growth of nearly 0.8% in 2017, compared with 1.5-2% growth predicted earlier. Normalized earnings per share for 2017 are estimated to be $2.72-$2.76, compared with the previous forecast of $2.80-$2.85.
Given the soft 2017 performance and lowered view, we remain skeptical of the outcome in the to-be-reported quarter.
What Does the Zacks Model Unveil?
Our proven model does not conclusively show that Newell Brands is likely to beat on earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Newell Brands has an Earnings ESP of -2.22% and a Zacks Rank #5 (Strong Sell). This makes any surprise prediction impossible. Note that we caution against Sell-rated stocks Rank #4 or #5 going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks Poised to Beat Earnings Estimates
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:
Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Macy's Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
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Newell Brands Inc. (NWL): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): 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.
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 Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The big question facing investors is whether this global manufacturer and marketer of consumer and commercial products will be able to deliver a positive earnings surprise in the quarter to be reported.
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Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Newell Brands Inc. Price and EPS Surprise Newell Brands Inc. Price and EPS Surprise | Newell Brands Inc. Quote We note that the Zacks Consensus Estimate for the quarter has witnessed downward revisions in the past 30 days.
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Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Newell Brands Inc. Price and EPS Surprise Newell Brands Inc. Price and EPS Surprise | Newell Brands Inc. Quote We note that the Zacks Consensus Estimate for the quarter has witnessed downward revisions in the past 30 days.
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Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Newell Brands Inc. (NWL): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. In the previous quarter, the company reported negative earnings surprise of 6.5%.
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9a59afc7-43ce-4870-b535-f90c78ed4080
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9064.0
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2018-02-13 00:00:00 UTC
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Waste Management (WM) Q4 Earnings: What's in the Cards?
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AAN
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https://www.nasdaq.com/articles/waste-management-wm-q4-earnings%3A-whats-in-the-cards-2018-02-13
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nan
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nan
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Waste Management, Inc.WM is scheduled to report fourth-quarter 2017 results before the opening bell on Feb 15. Last quarter, adjusted earnings beat the Zacks Consensus Estimate by 2 cents.
Let's see how things are shaping up prior to this announcement.
Factors at Play
Waste Management is executing well its initiatives to refocus on the core business activities and instill price and cost discipline to achieve better margins. The company aims to focus on improving customer retention by providing better service and higher value solutions.
Since its acquisition of Deffenbaugh Disposal in 2015, the company has extended its geographical footprint and emerged with a stronger financial profile. Waste Management has also acquired Keep It Clean, a local disposal firm, during the quarter. The company's steady stream of accretive acquisitions is likely to drive earnings. It has also reported better-than-expected revenues in the trailing six quarters. The Zacks Consensus Estimate for Waste Management's fourth-quarter revenues is pegged at $3,565 million, slightly higher than reported revenues of $3,460 million in the prior-year quarter.
Moreover, the company's successful cost-reduction initiatives have helped it in accomplishing remarkable gross margin expansion and EBITDA growth over the quarters. It is undertaking several steps to further boost its margins, which are likely to be reflected in the to-be-reported quarter.
However, the company expects volumes to be down due to lower national counts as it strives for improved margin growth and pricing. The pricing environment also remains challenging and highly competitive due to aggressive bidding by smaller competitors. Waste Management needs to improve margins on the recycling side through adjustment of rebates to reflect lower pricing and also needs to improve the quality of inbound material to increase profitability. Decline in average recycling commodity prices and recycling volumes also remain headwinds.
Earnings Whispers
Our proven model does not conclusively show that Waste Management is likely to beat earnings this quarter as it does not possess the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here as you will see below:
Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is 0.00% with both pegged at 83 cents. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Waste Management, Inc. Price and EPS Surprise
Waste Management, Inc. Price and EPS Surprise | Waste Management, Inc. Quote
Zacks Rank: Waste Management has a Zacks Rank #2. While this increases the predictive power of ESP, we need to have a positive ESP to be confident about an earnings surprise.
Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum.
Stocks to Consider
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 this quarter:
Agilent Technologies, Inc. A has an Earnings ESP of +1.21% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Atlas Air Worldwide Holdings, Inc. AAWW has an Earnings ESP of +0.48% and a Zacks Rank #2.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report
Agilent Technologies, Inc. (A): Free Stock Analysis Report
Waste Management, Inc. (WM): 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.
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, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Management, Inc. (WM): Free Stock Analysis Report To read this article on Zacks.com click here. Factors at Play Waste Management is executing well its initiatives to refocus on the core business activities and instill price and cost discipline to achieve better margins.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Management, Inc. (WM): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. The Zacks Consensus Estimate for Waste Management's fourth-quarter revenues is pegged at $3,565 million, slightly higher than reported revenues of $3,460 million in the prior-year quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Management, Inc. (WM): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Waste Management, Inc. Price and EPS Surprise Waste Management, Inc. Price and EPS Surprise | Waste Management, Inc. Quote Zacks Rank: Waste Management has a Zacks Rank #2.
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Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Management, Inc. (WM): Free Stock Analysis Report To read this article on Zacks.com click here. Waste Management needs to improve margins on the recycling side through adjustment of rebates to reflect lower pricing and also needs to improve the quality of inbound material to increase profitability.
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1a1bb242-523e-436e-a43f-a69a124f0aa9
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9065.0
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2018-02-13 00:00:00 UTC
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VF Corp (VFC) Likely to Retain Positive Earnings Trend in Q4
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AAN
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https://www.nasdaq.com/articles/vf-corp-vfc-likely-to-retain-positive-earnings-trend-in-q4-2018-02-13
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nan
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nan
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We expect VF CorporationVFC to beat expectations, when it reports fourth-quarter 2017 results on Feb 16. Last quarter, the designer, manufacturer and marketer of branded apparel and related products, delivered a positive earnings surprise of 9.8%. In fact, the company recorded an average positive surprise of 3.4% in the last four quarters.
What to Expect?
The question lingering in investors' minds now is, whether VF Corp. will be able to deliver positive earnings surprise in the quarter to be reported. The Zacks Consensus Estimate for the quarter under review is $1.02 per share, reflecting a year-over-year decline of 5.2%. We note that the Zacks Consensus Estimate has been trending up ahead of the earnings release. Analysts polled by Zacks anticipate revenues of $3.7 billion, up 10.3% from the year-ago quarter.
V.F. Corporation Price, Consensus and EPS Surprise
V.F. Corporation Price, Consensus and EPS Surprise | V.F. Corporation Quote
Moreover, we note that the stock has outperformed the industry in the last six months. The company's shares have increased 27.1%, while the industry grew 10.7%.
Factors at Play
VF Corp. is gaining from its progress on the 2021 growth strategy. The strategy focuses on responding to the changing marketplace while targeting shareholder returns. The company's focus on this plan is evident from its recently raised dividend and stellar third-quarter 2017 performance.
Both the top and bottom line topped the Zacks Consensus Estimate and grew year over year in the quarter, which marked VF Corp.'s second straight quarter of earnings and sales beat. Results were backed by strength in international and direct-to-customer platforms, the Outdoor & Action Sports unit and the workwear business.
The splendid quarter encouraged management to raise its view for 2017, wherein results are likely to gain from the recently concluded Williamson-Dickie buyout. Further, the company's continued investments in core growth areas are likely to aid performance. For 2017, management now anticipates revenues to grow 6% to nearly $12.1 billion. Currency neutral revenues are expected to rise 5.5%. The Williamson-Dickie buyout is estimated to contribute nearly $200 million to revenues. Moreover, the company envisions earnings per share to be $3.01, reflecting a 1% rise (6% on a currency neutral basis) from the year-ago period figure of $2.98.
However, the company has been troubled by a difficult global economic environment and currency headwinds for over a year now. The company's significant global presence exposes it to adverse foreign currency movements. Currency woes will continue to be a hurdle and are expected to hurt margins in 2017.
What the Zacks Model Unveils
Our proven model shows that VF Corp. is likely to beat earnings estimates this quarter. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. Earnings ESP of +2.05% and the company's Zacks Rank #2 makes us reasonably confident of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Other Stocks Poised to Beat Earnings Estimates
Here are some other companies you may want to consider as our model shows that these, too, have the right combination of elements to post an earnings beat:
Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Macy's Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): Free Stock Analysis Report
V.F. Corporation (VFC): 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.
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 Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. Results were backed by strength in international and direct-to-customer platforms, the Outdoor & Action Sports unit and the workwear business.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Both the top and bottom line topped the Zacks Consensus Estimate and grew year over year in the quarter, which marked VF Corp.'s second straight quarter of earnings and sales beat.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Both the top and bottom line topped the Zacks Consensus Estimate and grew year over year in the quarter, which marked VF Corp.'s second straight quarter of earnings and sales beat.
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Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report V.F. The question lingering in investors' minds now is, whether VF Corp. will be able to deliver positive earnings surprise in the quarter to be reported.
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11443ac9-e772-45d7-866e-c6df7e60ec7a
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9066.0
|
2018-02-12 00:00:00 UTC
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Waste Connections' (WCN) Q4 Earnings: What's in the Offing?
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AAN
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https://www.nasdaq.com/articles/waste-connections-wcn-q4-earnings%3A-whats-in-the-offing-2018-02-12
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nan
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nan
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Waste Connections, Inc.WCN is scheduled to report fourth-quarter 2017 results after the market closes on Feb 14. Adjusted earnings of the company beat the Zacks Consensus Estimate by 2 cents last quarter. Waste Connections delivered a healthy average positive surprise of 4.8% in the trailing four quarters, beating earnings estimates in each.
Let's see what's in store in the company's upcoming results.
Key Factors to Consider
Since the completion of its merger with Progressive Waste Solutions Ltd at the end of second-quarter 2016, Waste Connections has emerged as an industry leader with enhanced scale and a stronger financial profile. With complementary footprint, the combined company has pro forma revenues of approximately $4.1 billion and operates an integrated network of solid waste operations across North America. In fact, post-merger, the company has reported better-than-expected revenues in each quarter, to date. The Zacks Consensus Estimate for Waste Connections' fourth-quarter revenues is pegged at $1,125 million, slightly higher than reported revenues of $1,049 million in the prior-year quarter. The combined company has benefited from a diverse revenue base and has strategic assets uniquely positioned for growth.
Waste Connections typically targets secondary and rural markets to garner a higher local market share, which would be difficult to attain in more competitive urban markets. With prime location of disposal sites within competitive markets, Waste Connections has optimal asset positioning to generate higher profitability. Given the importance of and costs associated with the transportation of waste to treatment and disposal sites, having disposal capacity proximate to the waste stream offer a competitive advantage and serve as a barrier to entry.
However, Waste Connections' revenues are highly seasonal due to lower volume of solid waste generated during winter and early spring owing to comparatively lesser construction and demolition activities and reduced E&P activity. Severe cold weather conditions further reduce waste collection activities, resulting in higher labor and operational costs. The seasonality is also attributable to lower drilling programs and lower volumes of E&P waste during mild winter conditions. All these seasonal factors lower predictably in revenue generation and increase operating risks.
Earnings Whispers
Our proven model does not conclusively show that Waste Connections is likely to beat earnings this quarter as it does not possess the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is not the case here as you will see below:
Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is -0.68%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Waste Connections, Inc. Price and EPS Surprise
Waste Connections, Inc. Price and EPS Surprise | Waste Connections, Inc. Quote
Zacks Rank: Waste Connections has a Zacks Rank #3. While this increases the predictive power of ESP, we need to have a positive ESP to be confident about an earnings surprise.
Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum.
Stocks to Consider
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 this quarter:
Agilent Technologies, Inc. A has an Earnings ESP of +1.21% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Atlas Air Worldwide Holdings, Inc. AAWW has an Earnings ESP of +0.48% and a Zacks Rank #2.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report
Agilent Technologies, Inc. (A): Free Stock Analysis Report
Waste Connections, Inc. (WCN): 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.
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, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Connections, Inc. (WCN): Free Stock Analysis Report To read this article on Zacks.com click here. With prime location of disposal sites within competitive markets, Waste Connections has optimal asset positioning to generate higher profitability.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Connections, Inc. (WCN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. The Zacks Consensus Estimate for Waste Connections' fourth-quarter revenues is pegged at $1,125 million, slightly higher than reported revenues of $1,049 million in the prior-year quarter.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Connections, Inc. (WCN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Waste Connections, Inc. Price and EPS Surprise Waste Connections, Inc. Price and EPS Surprise | Waste Connections, Inc. Quote Zacks Rank: Waste Connections has a Zacks Rank #3.
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Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report Waste Connections, Inc. (WCN): Free Stock Analysis Report To read this article on Zacks.com click here. Waste Connections, Inc.WCN is scheduled to report fourth-quarter 2017 results after the market closes on Feb 14.
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d3db4be4-79f4-4ed5-922c-e3d22b8db447
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9067.0
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2018-02-12 00:00:00 UTC
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Can Avon (AVP) Turn Around its Dismal Earnings Trend in Q4?
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AAN
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https://www.nasdaq.com/articles/can-avon-avp-turn-around-its-dismal-earnings-trend-in-q4-2018-02-12
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nan
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nan
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Avon Products, Inc.AVP is slated to release fourth-quarter 2017 results on Feb 15, before the market opens. The question lingering in investors' minds is whether this leading beauty and cosmetics retailer will be able to reverse its negative earnings surprise trend in the quarter to be reported.
Notably, the company has been exhibiting a dismal earnings trend for the past five quarters. Consequently, it has delivered a negative earnings surprise of 98.7% in the trailing four quarters. Though sales outpaced estimates in third-quarter 2017, it had lagged in the preceding four quarters. Let's find out how things are shaping up for this announcement.
Which Way are Estimates Treading?
In order to get a clear picture of what analysts are thinking about the company prior to earnings release, let's have a look at the earnings estimate revisions. The Zacks Consensus Estimate for the quarter under review has been stable over the past 30 days and is currently pegged at 6 cents. This marks a significant upside from 1 cent reported in the year-ago quarter. Analysts polled by Zacks expect revenues of $1.6 billion, up 1.5% from the prior-year quarter.
Avon Products, Inc. Price, Consensus and EPS Surprise
Avon Products, Inc. Price, Consensus and EPS Surprise | Avon Products, Inc. Quote
Factors at Play
Avon's troubles are not very new though. Dismal earnings trend and fall in Active Representatives have been major concerns for Avon for quite sometime. We note that Active Representatives have been consistently recording a decline of 3% for the trailing four quarters. The fall in Active Representatives is due to decline in all segments. Further, the company's strained margins and high bad debt expenses indicate that the troubles for this beauty products company are far from over.
Avon has been witnessing strained margins over the past few quarters. Notably, the company's operating margin contracted 70 basis points (bps), 230 bps and 130 bps in the third, second and first quarters of 2017, respectively. The decline in operating margin mainly stemmed from higher bad debt expenses, particularly in Brazil. Additionally, increased Representative, sales leader and field expenses have been hurting margin growth in the last two quarters.
While Avon expects modest growth in fourth-quarter 2017 backed by favorable trends in various markets, it projects results to fall short of expectations in 2017. The company now anticipates both constant-dollar revenues and adjusted operating margin in the band of flat to slightly up compared with the prior-year period.
Nevertheless, Avon's progress on Transformation Plan is on track to deliver cost savings goals of $230 million for 2017. Further, the company expects to drive growth through innovations, solid team execution, improving Representative experience. However, the company will take time to realize the benefits from these strategies.
Despite all odds, the company's shares have improved 14.9% in the last three months, outperforming the industry 's growth of 8.3%. This indicates that there still remains hope for revival.
What the Zacks Model Unveils?
Our proven model does not conclusively show that Avon is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Avon currently has a positive Earnings ESP of +12.90%. However, it carries a Zacks Rank #4 (Sell). The combination of Avon's Zacks Rank #4 and Earnings ESP of 12.90% makes surprise prediction difficult.
Stocks With Favorable Combination
Here are some other companies you may want to consider as our model shows that these too have the right combination of elements to post an earnings beat:
Dillard's Inc. DDS has an Earnings ESP of +4.25% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2.
Macy's Inc. M has an Earnings ESP of +0.92% and a Zacks Rank #2.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
Avon Products, Inc. (AVP): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Macy's Inc (M): Free Stock Analysis Report
Dillard's, Inc. (DDS): 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.
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 Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. The question lingering in investors' minds is whether this leading beauty and cosmetics retailer will be able to reverse its negative earnings surprise trend in the quarter to be reported.
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Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Avon Products, Inc. Price, Consensus and EPS Surprise Avon Products, Inc. Price, Consensus and EPS Surprise | Avon Products, Inc. Quote Factors at Play Avon's troubles are not very new though.
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Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Avon Products, Inc. Price, Consensus and EPS Surprise Avon Products, Inc. Price, Consensus and EPS Surprise | Avon Products, Inc. Quote Factors at Play Avon's troubles are not very new though.
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Aaron's Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Avon Products, Inc. (AVP): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report Dillard's, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here. Notably, the company has been exhibiting a dismal earnings trend for the past five quarters.
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8297b53d-799f-45a4-ae02-f53526851ec8
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9068.0
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2018-02-12 00:00:00 UTC
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Omnicom's (OMC) Q4 Earnings: Will the Stock Beat Again?
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AAN
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https://www.nasdaq.com/articles/omnicoms-omc-q4-earnings%3A-will-the-stock-beat-again-2018-02-12
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nan
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nan
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Global marketing and corporate communications firm Omnicom Group Inc.OMC is scheduled to report fourth-quarter 2017 results before the opening bell on Feb 15. Last quarter, the company's earnings beat the Zacks Consensus Estimate by 3 cents. Over the trailing four quarters, it delivered a positive average earnings surprise of 1.5%, beating estimates on each occasion.
Let's see how things are shaping up prior to this announcement.
Key Factors in the Quarter
Marketing and media budgets usually have a positive correlation with the economy. Consequently, media spending is currently trending up buoyed by reduced corporate taxes that have led to higher client spends and advertising budgets. Moreover, there has been a marked shift in the recent years as media consumption patterns have evolved from traditional to digital media.
Omnicom is likely to witness healthy performance in developed markets like the United States and developing markets like Asia. The company is expanding its global footprint and is moving into new service areas. It is also building upon its digital and analytical capabilities by investing in agencies and partnering with innovative technology companies in key markets. Omnicom's operations are diversified across technology platforms, thus lowering its dependence on any one product in these dynamic technological markets. The measures undertaken by the company to reduce costs are likely to boost earnings.
However, a significant portion of Omnicom's revenues comes from Europe. In the present scenario, when the economy in the region is highly unpredictable particularly after the Brexit referendum, it becomes difficult for the company to increase revenues and reduce costs. Brexit could further result in higher tariff and non-tariff barriers to trade between the U.K. and the European Union, lowering the productivity of the company. In addition, the company is susceptible to market risks of losing contracts related to media purchases and production costs, which thereby could affect its bottom line.
Moreover, as the company expands its international operations, it highly exposes itself to risks from foreign exchange barriers and uncertainty from monetary devaluation. The company also faces huge concentration risk as it relies on a few big clients for its businesses. Amid this backdrop, the Zacks Consensus Estimate for revenues in the to-be-reported quarter is currently pegged at $4,206 million compared with revenues of $4,242 million recorded in the year-ago quarter.
Earnings Whispers
Our proven model conclusively shows that Omnicom is likely to beat earnings this quarter as it possesses the key components. A stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. This is perfectly the case here as you will see below:
Zacks ESP: Earnings ESP, which represents the difference between the Most Accurate estimate and the Zacks Consensus Estimate, is pegged at +0.05%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Omnicom Group Inc. Price and EPS Surprise
Omnicom Group Inc. Price and EPS Surprise | Omnicom Group Inc. Quote
Zacks Rank: Omnicom has a Zacks Rank #3. This increases the predictive power of ESP and makes us reasonably confident about an earnings surprise.
Note that we caution against stocks with a Zacks Rank #4 or 5 (Sell-rated) going into the earnings announcement, especially when the company is seeing a negative estimate revisions momentum.
Other Stocks to Consider
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 this quarter:
Agilent Technologies, Inc. A has an Earnings ESP of +1.21% and a Zacks Rank #3.
Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Atlas Air Worldwide Holdings, Inc. AAWW has an Earnings ESP of +0.48% and a Zacks Rank #2.
Wall Street's Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It's a once-in-a-generation opportunity to invest in pure genius.
Click for details >>
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
Omnicom Group Inc. (OMC): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report
Agilent Technologies, Inc. (A): 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.
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, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Omnicom Group Inc. (OMC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Global marketing and corporate communications firm Omnicom Group Inc.OMC is scheduled to report fourth-quarter 2017 results before the opening bell on Feb 15.
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Click to get this free report Omnicom Group Inc. (OMC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Omnicom Group Inc. Price and EPS Surprise Omnicom Group Inc. Price and EPS Surprise | Omnicom Group Inc. Quote Zacks Rank: Omnicom has a Zacks Rank #3.
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Click to get this free report Omnicom Group Inc. (OMC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Omnicom Group Inc. Price and EPS Surprise Omnicom Group Inc. Price and EPS Surprise | Omnicom Group Inc. Quote Zacks Rank: Omnicom has a Zacks Rank #3.
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Aaron's, Inc. AAN has an Earnings ESP of +3.81% and a Zacks Rank #2. Click to get this free report Omnicom Group Inc. (OMC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Atlas Air Worldwide Holdings (AAWW): Free Stock Analysis Report Agilent Technologies, Inc. (A): Free Stock Analysis Report To read this article on Zacks.com click here. Key Factors in the Quarter Marketing and media budgets usually have a positive correlation with the economy.
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ddc00c71-4075-4b82-9e65-80bdd7c65d15
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9069.0
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2018-02-02 00:00:00 UTC
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Notable Two Hundred Day Moving Average Cross - AAN
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AAN
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https://www.nasdaq.com/articles/notable-two-hundred-day-moving-average-cross-aan-2018-02-02
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nan
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nan
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In trading on Friday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $39.58, changing hands as low as $39.22 per share. Aaron's Inc shares are currently trading down about 3.4% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:
Looking at the chart above, AAN's low point in its 52 week range is $26.435 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $39.28.
According to the ETF Finder at ETF Channel, AAN makes up 2.75% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading lower by about 2.6% on the day Friday.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
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.
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In trading on Friday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $39.58, changing hands as low as $39.22 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $26.435 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $39.28. According to the ETF Finder at ETF Channel, AAN makes up 2.75% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading lower by about 2.6% on the day Friday.
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In trading on Friday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $39.58, changing hands as low as $39.22 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $26.435 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $39.28. According to the ETF Finder at ETF Channel, AAN makes up 2.75% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading lower by about 2.6% on the day Friday.
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In trading on Friday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $39.58, changing hands as low as $39.22 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $26.435 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $39.28. According to the ETF Finder at ETF Channel, AAN makes up 2.75% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading lower by about 2.6% on the day Friday.
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In trading on Friday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $39.58, changing hands as low as $39.22 per share. According to the ETF Finder at ETF Channel, AAN makes up 2.75% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading lower by about 2.6% on the day Friday. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $26.435 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $39.28.
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6496ebe3-0e66-4bd0-b599-e1bbdca79483
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9070.0
|
2018-01-31 00:00:00 UTC
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Consumer Confidence Soars: 5 Retail Stocks Poised to Benefit
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AAN
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https://www.nasdaq.com/articles/consumer-confidence-soars%3A-5-retail-stocks-poised-to-benefit-2018-01-31
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nan
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nan
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Consumers, who are at the forefront of all economic activity, have been in the spotlight lately due to a positive economic backdrop with the stock markets surging, wages improving gradually, unemployment rate at a 17-year low, home prices rising and inflation remains modest. These were the main driving factors that led retailers to enjoy a heartening holiday season in a long time.
In fact, people continued to shop without hesitation this holiday season due to less fears about the future. This is well reflected in the 0.4% or $54.2 billion increase in consumer spending recorded in December, following a gain of 0.8% in November. Further, recent reports indicate that the optimism that built during the final months of 2017 has carried into January as consumers are no longer wary of shopping and the economy is taking the road uphill.
These positives further led to a rebound in consumer confidence, which gauges the consumers' optimism on the economy expressed through savings and spending patterns. Per the Conference Board, Consumer Confidence Index showed a marked improvement in January, after witnessing a setback in December. Consumer Confidence rose 2.3 points to 125.4 in January, following a decline to 122.1 in December. Notably, the index rose to 129.5 in November, which was the highest mark since the increase to 132.6 recorded in November 2000.
The primary reason for the surge in the index is consumers' belief that the pace of growth witnessed in the latter half of 2017 will continue in 2018. This has led consumers to use their savings to make purchases. This surely is a welcome sign for retailers, who are end-beneficiaries of the rising consumer spending and confidence.
How the Retail Sector Stands to Gain from Consumers' Prosperity?
The link between consumers and the Retail-Wholesale sector becomes more relevant as retail sales attract approximately 30% of total consumer spending in the United States. This clears the air to a large extent, explaining that the prosperity of the retail segment is greatly dependent on consumers and their propensity to spend.
A clear example of this is the strong holiday season witnessed in 2017. As stated earlier, the success of the holiday season was mostly due to the rise in consumer spending in the final months of 2017. This directly reflected in the rise in retail sales during the months of November and December, which marks the holiday sale period for retailers.
Per National Retail Federation ("NRF") retail sales during November/December increased 5.5% to $691.9 billion. Additionally, on a stand-alone basis, U.S. retail and food services sales in December rose 0.4% from November and 5.4% from Dec 2016 to $495.4 billion, as per the Commerce Department. This followed growth of 0.9% recorded in November 2017.
This has lifted the overall outlook of the retail sector. Further, the growing consumer confidence supported by a stable economy suggests that the sector is well poised to witness a strong 2018. Evidently, the sector, which currently occupies the top 13% (2 out of 16) position in the list of 16 Zacks categorized sectors, has advanced 43% in the past year and significantly outperforming the S&P 500's growth of 25.9%.
5 Enticing Retail Picks
We used the Zacks methodology to narrow down upon retail stocks that not only boast solid fundamentals but are also poised to beat earnings estimates this earnings season. Our research shows that for stocks with the combination of a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) and a positive Earnings ESP , the chance of a positive earnings surprise is as high as 70%. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
First on the list is American Eagle Outfitters Inc.AEO , a specialty retailer of casual apparel, accessories and footwear for men and women. The company has delivered an average earnings surprise of 2.6% in the trailing four quarters. Moreover, the company's long-term expected earnings growth rate of 5.5% and VGM Score of A, show potential. The Zacks Consensus Estimate for the quarter is pegged at 44 cents per share. The company has an Earnings ESP of +0.07% and a Zacks Rank #2. You can see the complete list of today's Zacks #1 Rank stocks here .
Investors may also consider Hibbett Sports Inc.HIBB , a sporting goods retailer in small to mid-sized markets in the South, Southwest, Mid-Atlantic and lower Midwest regions of the United States. The company has delivered positive earnings surprises in the trailing four quarters, with an average beat of 25.6%. Moreover, we expect it to beat earnings in the current quarter as it has an Earnings ESP of 3.01% and a Zacks Rank #1. The Zacks Consensus Estimate for the quarter is 29 cents per share. It also has a VGM Score of A.
Aaron's Inc.AAN , an omni-channel provider of lease-purchase solutions, is also a solid bet. The company has delivered an average positive earnings surprise of 7.3% in the trailing four quarters. The Zacks Consensus Estimate for the current quarter is pegged at 54 cents per share. The company has an Earnings ESP of +1.05% and a Zacks Rank #2, which raises hopes of a beat in the current quarter. Further, its VGM Score of A drives optimism.
Another lucrative option is Cincinnati, OH-based Macy's Inc.M with a Zacks Rank #2 and an Earnings ESP of +1.29%. This leading department store retailer has a long-term earnings growth rate of 8.5%. The company has delivered positive earnings surprises in the last two quarters. The Zacks Consensus Estimate for the current quarter of $2.66 per share has witnessed uptrend in the last 30 days.
Last but not the least, investors may consider Lowe's Companies Inc.LOW , a leading home improvement retailer with operations primarily in the United States, Canada and Mexico. It currently carries a VGM Score of B and a long-term earnings growth rate of 16.2%. The company has delivered positive earnings surprises with an average beat of 1.2% in the trailing four quarters. The Zacks Consensus Estimate for the current quarter is pegged at 88 cents per share. The company has an Earnings ESP of +2.15% and a Zacks Rank #3.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report
Macy's Inc (M): 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.
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 also has a VGM Score of A. Aaron's Inc.AAN , an omni-channel provider of lease-purchase solutions, is also a solid bet. Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. Further, recent reports indicate that the optimism that built during the final months of 2017 has carried into January as consumers are no longer wary of shopping and the economy is taking the road uphill.
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Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. It also has a VGM Score of A. Aaron's Inc.AAN , an omni-channel provider of lease-purchase solutions, is also a solid bet. Moreover, the company's long-term expected earnings growth rate of 5.5% and VGM Score of A, show potential.
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Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. It also has a VGM Score of A. Aaron's Inc.AAN , an omni-channel provider of lease-purchase solutions, is also a solid bet. 5 Enticing Retail Picks We used the Zacks methodology to narrow down upon retail stocks that not only boast solid fundamentals but are also poised to beat earnings estimates this earnings season.
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It also has a VGM Score of A. Aaron's Inc.AAN , an omni-channel provider of lease-purchase solutions, is also a solid bet. Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report Macy's Inc (M): Free Stock Analysis Report To read this article on Zacks.com click here. This is well reflected in the 0.4% or $54.2 billion increase in consumer spending recorded in December, following a gain of 0.8% in November.
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e8d72b47-89e3-41bb-bd10-e92537a7adea
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9071.0
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2018-01-24 00:00:00 UTC
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Tractor Supply's (TSCO) Strategies to Drive Earnings in Q4
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AAN
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https://www.nasdaq.com/articles/tractor-supplys-tsco-strategies-to-drive-earnings-in-q4-2018-01-24
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nan
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nan
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We expect Tractor Supply CompanyTSCO to beat expectations when it reports fourth-quarter 2017 results on Jan 31. The company delivered positive earnings surprise of 5.9% in the last reported quarter.
Further, the company has posted positive surprise in two of the trailing four quarters, with an average beat of 1.6%. Let's see how things are shaping up prior to this announcement.
What to Expect?
The questions popping up in the investors minds' is that whether Tractor Supply will be able to deliver a positive earnings surprise in the quarter to be reported.
The Zacks Consensus Estimate for the fourth quarter is pegged at 87 cents, reflecting a decline of 7.5% year over year. Moreover, earnings estimate for the current quarter has climbed in the last 30 days. Also, analysts polled by Zacks expect revenues of $1.95 billion, up about 1.6% from the year-ago quarter.
Tractor Supply has outperformed the industry in the past month, reflecting increased optimism on the stock ahead of the earnings release. The company's shares improved 8.8% in the past month compared with the industry growth of 6%. Moreover, the stock has displayed a solid growth of 39.9% in the last three months mainly driven by its focus on store growth initiatives.
Tractor Supply Company Price and Consensus
Tractor Supply Company Price and Consensus | Tractor Supply Company Quote
Factors at Play
Tractor Supply is well on track with its growth initiatives, which include expansion of store base and incorporation of technological advancements to induce traffic and drive the top line. It leverages an extensive network of stores to penetrate into target markets, which in turn, enables the company to generate healthy sales and gain market share. Meanwhile, the company remains on track with its target of opening about 100 Tractor Supply stores and 25 Petsense stores in 2017. It is also likely to reach its long-term domestic store growth target of 2,500 stores.
Additionally, the company's efforts to integrate physical and digital operations through its Tractor One initiative, is reaping returns for stockholders. The company is poised to gain particularly from its Buy Online Pick Up in Store program while it continues to expand the Neighbor's Club customer rewards program.
Furthermore, its expansion into the flourishing pet specialty business with the acquisition of Petsense is a welcome move. This buyout opens up doors to tap the roughly $60 billion pet market.
Markedly, these efforts have been driving the company's top- and bottom-line growth for more than two years and are likely to aid future results as well.
What the Zacks Model Unveils?
Our proven model shows that Tractor Supply is likely to beat earnings estimates because it has the right combination of two key components. A stock needs to have both - a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) - for this to happen.
Tractor Supply has an Earnings ESP of +0.92% as the Most Accurate Estimate of 88 cents is pegged above the Zacks Consensus Estimate of 87 cents. This along with the company's Zacks Rank #2 makes us reasonably confident of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Other Stocks With Favorable Combination
Here are some other companies you may want to consider as our model shows that these also have the right combination of elements to post an earnings beat:
Hibbett Sports Inc. HIBB has an Earnings ESP of +3.01% and a Zacks Rank #1. You can see t he complete list of today's Zacks #1 Rank stocks here .
Aaron's Inc. AAN has an Earnings ESP of +1.66% and a Zacks Rank #2.
American Eagle Outfitters Inc. AEO has an Earnings ESP of +0.07% and a Zacks Rank #2.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
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
Aaron's, Inc. (AAN): Free Stock Analysis Report
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Tractor Supply Company (TSCO): Free Stock Analysis Report
Hibbett Sports, Inc. (HIBB): 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.
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 Inc. AAN has an Earnings ESP of +1.66% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Tractor Supply Company (TSCO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report To read this article on Zacks.com click here. The questions popping up in the investors minds' is that whether Tractor Supply will be able to deliver a positive earnings surprise in the quarter to be reported.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Tractor Supply Company (TSCO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +1.66% and a Zacks Rank #2. Tractor Supply Company Price and Consensus Tractor Supply Company Price and Consensus | Tractor Supply Company Quote Factors at Play Tractor Supply is well on track with its growth initiatives, which include expansion of store base and incorporation of technological advancements to induce traffic and drive the top line.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Tractor Supply Company (TSCO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's Inc. AAN has an Earnings ESP of +1.66% and a Zacks Rank #2. Tractor Supply Company Price and Consensus Tractor Supply Company Price and Consensus | Tractor Supply Company Quote Factors at Play Tractor Supply is well on track with its growth initiatives, which include expansion of store base and incorporation of technological advancements to induce traffic and drive the top line.
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Aaron's Inc. AAN has an Earnings ESP of +1.66% and a Zacks Rank #2. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Tractor Supply Company (TSCO): Free Stock Analysis Report Hibbett Sports, Inc. (HIBB): Free Stock Analysis Report To read this article on Zacks.com click here. Moreover, the stock has displayed a solid growth of 39.9% in the last three months mainly driven by its focus on store growth initiatives.
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35e029ce-2b36-4457-8d2d-2698217faf06
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9072.0
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2018-01-22 00:00:00 UTC
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Stocks Showing Improved Relative Strength: Aaron's
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AAN
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https://www.nasdaq.com/articles/stocks-showing-improved-relative-strength-aarons-2018-01-22
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nan
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nan
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In a welcome move, Aaron's ( AAN ) saw its Relative Strength Rating rise from 65 to 71 on Monday.
[ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves. See if Aaron's can continue to rebound and clear that threshold.
Looking For The Best Stocks To Buy And Watch? Start Here
Aaron's is building a consolidation with a 48.32 entry . See if the stock can break out in heavy trading.
While EPS growth decreased in the company's most recent performance report from 15% to -14%, sales grew 9%, up from 3% in the prior report. The next quarterly results are expected on or around Feb. 17.
Aaron's holds the No. 3 rank among its peers in the Retail-Consumer Electronics industry group. Best Buy ( BBY ) is the No. 1-ranked stock within the group.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
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.
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In a welcome move, Aaron's ( AAN ) saw its Relative Strength Rating rise from 65 to 71 on Monday. [ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database. History reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.
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In a welcome move, Aaron's ( AAN ) saw its Relative Strength Rating rise from 65 to 71 on Monday. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock 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 a welcome move, Aaron's ( AAN ) saw its Relative Strength Rating rise from 65 to 71 on Monday. [ibd-display-video id=2102289 width=50 float=left autostart=true] IBD's unique RS Rating identifies technical performance by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating?
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In a welcome move, Aaron's ( AAN ) saw its Relative Strength Rating rise from 65 to 71 on Monday. Aaron's holds the No. How Relative Strength Line Can Help You Judge A Stock 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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e46827b5-6820-4f6e-9e07-ba577090ad82
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9073.0
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2018-01-18 00:00:00 UTC
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Can Best Buy (BBY) Rally Even Higher Post a 52-Week High?
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AAN
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https://www.nasdaq.com/articles/can-best-buy-bby-rally-even-higher-post-a-52-week-high-2018-01-18
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nan
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nan
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Best Buy Co., Inc.BBY has been progressing well with its solid strategic endeavors, store-in-a-store concept and Building the New Blue Strategy. Also, it has an impressive earnings surprise history.
Shares of the company scaled a 52-week high of $74.63 yesterday, before closing a tad lower at $74.26. Also, this Richfield, MN-based company's shares rallied 8.5% year to date.
In a year's time, the stock has surged a whopping 74.5%, substantially outperforming both the Retail/Wholesale sector's gain of 37.4% and the S&P 500's growth of 26.9%. We believe that the stock still has upside potential as apparent from a VGM Score of A and long-term earnings growth rate of 13.3%.
Growth Catalysts
Best Buy's extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors have been encouraging. Moreover, the company seems to be smoothly progressing with the Best Buy 2020: Building the New Blue strategy, which is aimed at exploring and pursuing growth opportunities, better execution in key areas, cost optimization and investing in people as well as systems to drive growth, implementation and efficiencies.
Management is focused on expansion of multi-channel retail business, offering services and solutions that solve customer need, alongside accelerating growth in Canada and Mexico. We believe that the store-in-a-store concept has been working well for Best Buy with respect to attracting consumers and attaining incremental revenues.
Impressive Surprise History & Estimates
Best Buy's earnings have outpaced the Zacks Consensus Estimate for 19 straight quarters except in third-quarter fiscal 2018. Also, the company has delivered an average positive earnings surprise of 18.9% in the trailing four quarters. It has surpassed sales estimates in five of the last seven quarters as well.
Furthermore, analysts are steadily growing bullish on the stock. This is apparent from rise in earnings estimates. The Zacks Consensus Estimate of $4.01 for fiscal 2018 and $4.26 for fiscal 2019 has moved north by a penny and 25 cents, respectively, in the last 30 days. The estimate of $2.00 for the fourth quarter of fiscal 2018 has also inched up by a penny in the same time frame. Management projects fourth-quarter adjusted earnings in the band of $1.89-$1.99 per share.
Best Buy expects adjusted earnings per share in the range of $4.75-$5.00 by 2021, which demonstrates a compounded annual growth rate of 8-9% from fiscal 2017. It anticipates enterprise revenues of $43 billion for fiscal 2021 compared with the fiscal 2017 revenues of $39.4 billion.
Best Buy Vs Industry
Bottom Line
Though Best Buy remains well on track with its robust growth strategies, analysts believe that higher investments might strain its margins in the quarters ahead. Management intends to spend approximately $750-$800 million in fiscal 2018, up from the previous estimate of $700 million.
Best Buy carries a Zacks Rank #3 (Hold).
Looking For Solid Retail Stocks, Check These
Some better-ranked stocks in the broader Retail space include Zumiez Inc. ZUMZ , American Eagle Outfitters, Inc. AEO and Aaron's, Inc. AAN . While Zumiez and American Eagle sport a Zacks Rank #1 (Strong Buy), Aaron's carry a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here .
Zumiez with a long-term earnings growth rate of 18% has pulled off an average positive earnings surprise of 22.2% in the last four quarters.
American Eagle with a long-term earnings growth rate of 7.5% has delivered an average positive earnings surprise of 22.2% in the trailing four quarters.
Aaron's has delivered an average positive earnings surprise of 7.3% in the trailing four quarters.
Zacks Top 10 Stocks for 2018
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?
Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don't miss your chance to get in on these long-term buys.
Access Zacks Top 10 Stocks for 2018 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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Zumiez Inc. (ZUMZ): Free Stock Analysis Report
American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): 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.
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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Looking For Solid Retail Stocks, Check These Some better-ranked stocks in the broader Retail space include Zumiez Inc. ZUMZ , American Eagle Outfitters, Inc. AEO and Aaron's, Inc. AAN . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Growth Catalysts Best Buy's extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors have been encouraging.
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Looking For Solid Retail Stocks, Check These Some better-ranked stocks in the broader Retail space include Zumiez Inc. ZUMZ , American Eagle Outfitters, Inc. AEO and Aaron's, Inc. AAN . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. American Eagle with a long-term earnings growth rate of 7.5% has delivered an average positive earnings surprise of 22.2% in the trailing four quarters.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Looking For Solid Retail Stocks, Check These Some better-ranked stocks in the broader Retail space include Zumiez Inc. ZUMZ , American Eagle Outfitters, Inc. AEO and Aaron's, Inc. AAN . Impressive Surprise History & Estimates Best Buy's earnings have outpaced the Zacks Consensus Estimate for 19 straight quarters except in third-quarter fiscal 2018.
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Looking For Solid Retail Stocks, Check These Some better-ranked stocks in the broader Retail space include Zumiez Inc. ZUMZ , American Eagle Outfitters, Inc. AEO and Aaron's, Inc. AAN . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report To read this article on Zacks.com click here. Impressive Surprise History & Estimates Best Buy's earnings have outpaced the Zacks Consensus Estimate for 19 straight quarters except in third-quarter fiscal 2018.
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18304192-eaad-49de-8fc7-632d74209c8e
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9074.0
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2017-12-11 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for December 12, 2017
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-december-12-2017-2017-12-11
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on December 12, 2017. A cash dividend payment of $0.03 per share is scheduled to be paid on January 02, 2018. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 11.11% increase over prior dividend payment. At the current stock price of $38.98, the dividend yield is .31%.
The previous trading day's last sale of AAN was $38.98, representing a -19.16% decrease from the 52 week high of $48.22 and a 49.23% increase over the 52 week low of $26.12.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). AAN's current earnings per share, an indicator of a company's profitability, is $1.9. Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as 7.25%, compared to an industry average of 2.5%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
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.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as 7.25%, compared to an industry average of 2.5%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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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. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on December 12, 2017. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. The previous trading day's last sale of AAN was $38.98, representing a -19.16% decrease from the 52 week high of $48.22 and a 49.23% increase over the 52 week low of $26.12. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. AAN's current earnings per share, an indicator of a company's profitability, is $1.9. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on December 12, 2017.
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ac9e6661-1414-4c2d-b9c4-9a122552a53b
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9075.0
|
2017-12-11 00:00:00 UTC
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Best Buy Hits 80-Plus Relative Strength Rating Benchmark
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AAN
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https://www.nasdaq.com/articles/best-buy-hits-80-plus-relative-strength-rating-benchmark-2017-12-11
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nan
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nan
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When putting together your watch list, look for stocks with an 80 or higher RS Rating . Best Buy ( BBY ) just cleared that benchmark with an upgrade from 80 to 85.
[ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves.
Looking For The Best Stocks To Buy And Watch? Start Here
Best Buy broke out earlier, but has fallen back below the prior 63.42 entry from a consolidation . In the scenario where a stock breaks out then falls 7% or more below the entry price, it's considered a failed breakout. If that happens, it's best to wait for a new base to form. Also keep in mind that the most recent consolidation is a later-stage base, and those involve more risk.
Earnings growth increased in the company's most recent report from 21% to 30%, but revenue fell from 5% to 4%.
The company earns the No. 1 rank among its peers in the Retail-Consumer Electronics industry group. Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
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.
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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. [ibd-display-video id=2385970 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies price action with a 1 (worst) to 99 (best) score. Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves.
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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock 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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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. The grade shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating?
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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. Decades of market research shows that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves. Looking For The Best Stocks To Buy And Watch?
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06b38556-ee51-4d5f-864f-2c4d0d5ea046
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9076.0
|
2017-12-08 00:00:00 UTC
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Ex-Dividend Reminder: Leucadia National, J&J Snack Foods and Aaron's
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AAN
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https://www.nasdaq.com/articles/ex-dividend-reminder-leucadia-national-jj-snack-foods-and-aarons-2017-12-08
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel , on 12/12/17, Leucadia National Corp. (Symbol: LUK), J&J Snack Foods Corp. (Symbol: JJSF), and Aaron's Inc (Symbol: AAN) will all trade ex-dividend for their respective upcoming dividends. Leucadia National Corp. will pay its quarterly dividend of $0.10 on 12/27/17, J&J Snack Foods Corp. will pay its quarterly dividend of $0.45 on 1/4/18, and Aaron's Inc will pay its quarterly dividend of $0.03 on 1/2/18. As a percentage of LUK's recent stock price of $25.98, this dividend works out to approximately 0.38%, so look for shares of Leucadia National Corp. to trade 0.38% lower - all else being equal - when LUK shares open for trading on 12/12/17. Similarly, investors should look for JJSF to open 0.30% lower in price and for AAN to open 0.08% lower, all else being equal.
Below are dividend history charts for LUK, JJSF, and AAN, showing historical dividends prior to the most recent ones declared.
Leucadia National Corp. (Symbol: LUK) :
J&J Snack Foods Corp. (Symbol: JJSF) :
Aaron's Inc (Symbol: AAN) :
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 1.54% for Leucadia National Corp., 1.21% for J&J Snack Foods Corp., and 0.31% for Aaron's Inc.
In Friday trading, Leucadia National Corp. shares are currently down about 0.1%, J&J Snack Foods Corp. shares are trading flat, and Aaron's Inc shares are up about 0.9% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/12/17, Leucadia National Corp. (Symbol: LUK), J&J Snack Foods Corp. (Symbol: JJSF), and Aaron's Inc (Symbol: AAN) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for JJSF to open 0.30% lower in price and for AAN to open 0.08% lower, all else being equal. Below are dividend history charts for LUK, JJSF, and AAN, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/12/17, Leucadia National Corp. (Symbol: LUK), J&J Snack Foods Corp. (Symbol: JJSF), and Aaron's Inc (Symbol: AAN) will all trade ex-dividend for their respective upcoming dividends. Leucadia National Corp. (Symbol: LUK) : J&J Snack Foods Corp. (Symbol: JJSF) : Aaron's Inc (Symbol: AAN) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for JJSF to open 0.30% lower in price and for AAN to open 0.08% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/12/17, Leucadia National Corp. (Symbol: LUK), J&J Snack Foods Corp. (Symbol: JJSF), and Aaron's Inc (Symbol: AAN) will all trade ex-dividend for their respective upcoming dividends. Leucadia National Corp. (Symbol: LUK) : J&J Snack Foods Corp. (Symbol: JJSF) : Aaron's Inc (Symbol: AAN) : In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for JJSF to open 0.30% lower in price and for AAN to open 0.08% lower, all else being equal.
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Looking at the universe of stocks we cover at Dividend Channel , on 12/12/17, Leucadia National Corp. (Symbol: LUK), J&J Snack Foods Corp. (Symbol: JJSF), and Aaron's Inc (Symbol: AAN) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for JJSF to open 0.30% lower in price and for AAN to open 0.08% lower, all else being equal. Below are dividend history charts for LUK, JJSF, and AAN, showing historical dividends prior to the most recent ones declared.
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6ba4ad7b-0ec7-45cb-b3ef-fe609e52702c
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9077.0
|
2017-12-05 00:00:00 UTC
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Stocks With Rising Relative Price Strength: Best Buy
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AAN
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https://www.nasdaq.com/articles/stocks-rising-relative-price-strength-best-buy-2017-12-05
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nan
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When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating . Best Buy ( BBY ) is one stock that just reached the mark, now earning a score of 84.
[ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves.
Looking For The Best Stocks To Buy And Watch? Start Here
Best Buy is trying to complete a consolidation with a 63.42 buy point . See if the stock can break out in heavy trading.
Earnings growth increased in the company's latest report from 21% to 30%, but revenue fell from 5% to 4%.
The company holds the No. 1 rank among its peers in the Retail-Consumer Electronics industry group. Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
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.
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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating . [ibd-display-video id=2368044 width=50 float=left autostart=true] IBD's proprietary rating tracks market leadership with a 1 (worst) to 99 (best) score.
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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock 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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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. The score shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database. IBD Stock Rating Upgrades: Rising Relative Strength Why Should You Use IBD's Relative Strength Rating?
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Conns ( CONN ) and Aaron's ( AAN ) are also among the group's highest-rated stocks. Best Buy ( BBY ) is one stock that just reached the mark, now earning a score of 84. Looking For The Best Stocks To Buy And Watch?
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2a0ad2cf-11f1-48f0-b0b3-bc7382422be5
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9078.0
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2017-10-31 00:00:00 UTC
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AAN Crosses Below Key Moving Average Level
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AAN
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https://www.nasdaq.com/articles/aan-crosses-below-key-moving-average-level-2017-10-31
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nan
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nan
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In trading on Tuesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $36.62, changing hands as low as $35.55 per share. Aaron's Inc shares are currently trading down about 4% on the day. The chart below shows the one year performance of AAN shares, versus its 200 day moving average:
Looking at the chart above, AAN's low point in its 52 week range is $24.64 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $35.56.
According to the ETF Finder at ETF Channel, AAN makes up 2.23% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading relatively unchanged on the day Tuesday.
Click here to find out which 9 other stocks recently crossed below their 200 day moving average »
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.
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In trading on Tuesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $36.62, changing hands as low as $35.55 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $24.64 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $35.56. According to the ETF Finder at ETF Channel, AAN makes up 2.23% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading relatively unchanged on the day Tuesday.
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In trading on Tuesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $36.62, changing hands as low as $35.55 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $24.64 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $35.56. According to the ETF Finder at ETF Channel, AAN makes up 2.23% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading relatively unchanged on the day Tuesday.
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In trading on Tuesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $36.62, changing hands as low as $35.55 per share. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $24.64 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $35.56. According to the ETF Finder at ETF Channel, AAN makes up 2.23% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading relatively unchanged on the day Tuesday.
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In trading on Tuesday, shares of Aaron's Inc (Symbol: AAN) crossed below their 200 day moving average of $36.62, changing hands as low as $35.55 per share. According to the ETF Finder at ETF Channel, AAN makes up 2.23% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading relatively unchanged on the day Tuesday. The chart below shows the one year performance of AAN shares, versus its 200 day moving average: Looking at the chart above, AAN's low point in its 52 week range is $24.64 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $35.56.
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50f7a328-efba-462c-b85f-a7905c514c9a
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9079.0
|
2017-10-31 00:00:00 UTC
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Rent-A-Center (RCII) Reports Wider-Than-Expected Q3 Loss
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AAN
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https://www.nasdaq.com/articles/rent-a-center-rcii-reports-wider-than-expected-q3-loss-2017-10-31
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nan
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nan
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Rent-A-Center, Inc.RCII posted third-quarter 2017 adjusted loss of 15 cents a share wider than the Zacks Consensus Estimate of loss of 8 cents and fell substantially from 11 cents earned in the year-ago period. Total revenue of $644 million declined 7.2% year over year and also fell short of the consensus mark of $652 million, after surpassing the same in the preceding quarter.
Total revenue tumbled due to decline witnessed across the Core U.S., Acceptance Now, Mexico, and Franchising segments. Management hinted that hurricane related disruptions also hurt the results. Separately, the company informed that its Board of Directors is exploring strategic and financial alternatives.
We note that investors remain concerned about the company's waning top and bottom lines. The reflection of the same is visible from the stock's dismal performance in the bourses. Year to date, shares of this Plano, TX-based company has declined 10.5%, while the industry has advanced 26.9%.
Rent-A-Center's adjusted EBITDA plummeted 54.7% to $17.1 million, while EBITDA margin shriveled 280 basis points to 2.6% from the year-ago period.
Comparable-Store Sales Performance
Comparable-store sales (comps) for the quarter dropped 3.1%, reflecting declines of 5.1% and 6.2% in the Core U.S. and Mexico segments, respectively, partly mitigated by 7.9% increase noted at the Acceptance Now segment.
However, it is to be noted that comps for the Core U.S. and Mexico segments have improved 510 and 50 basis points, respectively, while for the Acceptance Now the same has increased 120 basis points on a sequential basis. Consolidated comps for this Zacks Rank #2 (Buy) stock portray a sequential improvement of 430 basis points. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
Rent-A-Center is focusing on a new labor model, supply chain initiative and productivity enhancements. These endeavors are directed toward improving the performance of Core U.S. segment, optimizing the AcceptanceNOW business, and enhancing distribution channels as well as integrating retail and online offerings.
Rent-A-Center Inc. Price, Consensus and EPS Surprise
Rent-A-Center Inc. Price, Consensus and EPS Surprise | Rent-A-Center Inc. Quote
Segment Performance
Revenues from the Core U.S. segment slumped 8.1% to $442.8 million due to continued store base rationalization, unprecedented hurricanes and dismal comps performance.
Revenues from the Acceptance Now segment declined 5.2% from the prior-year quarter figure to $184.3 million on account of closures of Conn's and HHGregg locations and disruptions caused by hurricanes. These were partly offset by sturdy comps performance.
Mexico segment's revenues came in at $12.2 million, down 1.7% year over year attributable to lower comps. Finally, total Franchising revenues plunged 10.5% to $4.7 million during the quarter due to fall in the amount of merchandise sold to the franchise partners.
Store Update
At the end of the quarter, there were 2,406 Core U.S. locations, 1,175 Acceptance Now Staffed stores, 76 Acceptance Now Direct stores, 131 stores in Mexico and 227 Franchise stores.
Other Financial Aspects
Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $76.2 million, net Senior debt of $99 million, net Senior notes of $538.4 million and stockholders' equity of $237.2 million.
During the first nine months of 2017, the company generated $135.4 million of cash from operations. The company incurred capital expenditures of $13.4 million during the quarter.
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Rent-A-Center Inc. (RCII): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
AeroCentury Corp. (ACY): Free Stock Analysis Report
McGrath RentCorp (MGRC): 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.
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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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $76.2 million, net Senior debt of $99 million, net Senior notes of $538.4 million and stockholders' equity of $237.2 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. These endeavors are directed toward improving the performance of Core U.S. segment, optimizing the AcceptanceNOW business, and enhancing distribution channels as well as integrating retail and online offerings.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $76.2 million, net Senior debt of $99 million, net Senior notes of $538.4 million and stockholders' equity of $237.2 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center Inc. Price, Consensus and EPS Surprise Rent-A-Center Inc. Price, Consensus and EPS Surprise | Rent-A-Center Inc. Quote Segment Performance Revenues from the Core U.S. segment slumped 8.1% to $442.8 million due to continued store base rationalization, unprecedented hurricanes and dismal comps performance.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $76.2 million, net Senior debt of $99 million, net Senior notes of $538.4 million and stockholders' equity of $237.2 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Rent-A-Center Inc. Price, Consensus and EPS Surprise Rent-A-Center Inc. Price, Consensus and EPS Surprise | Rent-A-Center Inc. Quote Segment Performance Revenues from the Core U.S. segment slumped 8.1% to $442.8 million due to continued store base rationalization, unprecedented hurricanes and dismal comps performance.
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Other Financial Aspects Rent-A-Center, which shares space with McGrath Rentcorp MGRC , AeroCentury Corp. ACY and Aaron's, Inc. AAN , ended the quarter with cash and cash equivalents of $76.2 million, net Senior debt of $99 million, net Senior notes of $538.4 million and stockholders' equity of $237.2 million. Click to get this free report Rent-A-Center Inc. (RCII): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report AeroCentury Corp. (ACY): Free Stock Analysis Report McGrath RentCorp (MGRC): Free Stock Analysis Report To read this article on Zacks.com click here. Total revenue tumbled due to decline witnessed across the Core U.S., Acceptance Now, Mexico, and Franchising segments.
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2ee4e1cc-28ff-4b32-b525-73779ba02018
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9080.0
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2017-10-30 00:00:00 UTC
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Aaron's Becomes Oversold (AAN)
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AAN
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https://www.nasdaq.com/articles/aarons-becomes-oversold-aan-2017-10-30
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 27.0, after changing hands as low as $37.03 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 70.0. A bullish investor could look at AAN's 27.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares:
Looking at the chart above, AAN's low point in its 52 week range is $24.43 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $37.20.
According to the ETF Finder at ETF Channel, AAN makes up 2.29% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading up by about 0.2% on the day Monday.
Find out what 9 other oversold stocks you need to know about »
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.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 27.0, after changing hands as low as $37.03 per share. A bullish investor could look at AAN's 27.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $24.43 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $37.20.
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The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $24.43 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $37.20. In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 27.0, after changing hands as low as $37.03 per share. A bullish investor could look at AAN's 27.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 27.0, after changing hands as low as $37.03 per share. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $24.43 per share, with $48.2199 as the 52 week high point - that compares with a last trade of $37.20. A bullish investor could look at AAN's 27.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 27.0, after changing hands as low as $37.03 per share. According to the ETF Finder at ETF Channel, AAN makes up 2.29% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading up by about 0.2% on the day Monday. A bullish investor could look at AAN's 27.0 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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966b2da1-061f-4a49-a1ce-e672bf42122d
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9081.0
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2017-10-30 00:00:00 UTC
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Gurus Are Investing in These Industrial Companies
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AAN
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https://www.nasdaq.com/articles/gurus-are-investing-these-industrial-companies-2017-10-30
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nan
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nan
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According to the GuruFocus All-In-One Screener , the following companies with core business in the industrials sector have positions in gurus' portfolios.
Four gurus hold 47.1 million shares of American Airlines Group Inc. ( AAL ) with a total weight of 1.87% on their portfolios.
The company has a market cap of $22.82 billion. The stock is trading with price-earnings (P/E) ratio of 11.86. The stock price of $47.56 is 10.77% below its 52-week high and 23.97% above its 52-week low. Over the last 10 years, it has returned a loss of 22%.
American Airlines' revenue of $41.112 billion dropped 14.20% over the last 10 years. Its earnings per share (EPS) of $4.10 hasn't changed.
In the second quarter Leon Cooperman ( Trades , Portfolio ) and David Dreman (Trades, Portfolio) acquired a new position in the company while Joel Greenblatt (Trades, Portfolio) and Warren Buffett (Trades, Portfolio) reduced their holdings.
Four gurus hold 1.6 million shares of Aaron's Inc. ( AAN ) with a total weight of 4.37% on their portfolios.
The company has a market cap of $2.76 billion. The stock is trading with P/E ratio of 21.69. The stock price of $39.14 is 12.40% below its 52-week high and 88.82% above its 52-week low. Over the last 10 years, it has returned a gain of 204%.
Aaron's revenue of $3.224 billion grew 11.30% over the last 10 years. Its EPS of $1.95 saw a 10-year growth of 7.10%.
In the second quarter FPA Capital Fund (Trades, Portfolio), Mario Gabelli (Trades, Portfolio), Charles Brandes (Trades, Portfolio) and Greenblatt reduced their holdings.
Three gurus hold 8.7 million shares of ABB Ltd. ADR ( ABB ) with a total weight of 0.33% on their portfolios.
The company has a market cap of $54.48 billion. The stock is trading with P/E ratio of 23.99. The stock price of $25.36 is 1.55% below its 52-week high and 25.52% above its 52-week low. Over the last 10 years, it has returned a loss of 15%.
ABB's revenue of $33,556 million increased just 1.70% over the last 10 years. Its EPS of $1.05 dropped 3.10%.
Ken Fisher (Trades, Portfolio) raised his holding by 4.55% in the third quarter.
Three gurus hold 549,250 shares of ACCO Brands Corp. ( ACCO ) with a total weight of 0.03% on their portfolios.
The company has a market cap of $1.42 billion. The stock is trading with P/E ratio of 26.00. The stock price of $13.05 is 11.86% below its 52-week high and 25.60% above its 52-week low. Over the last 10 years, it has returned a loss of 38%.
ACCO Brands' revenue of $1,718 million dropped 10% over the last 10 years. Its EPS of 50 cents hasn't changed.
In the second quarter Dreman raised his position while Gabelli reduced his stake.
Seven gurus hold 157.7 million shares of Automatic Data Processing Inc . ( ADP ) with a total weight of 242.38% on their portfolios.
The company has a market cap of $52.55 billion. The stock is trading with P/E ratio of 30.47. The stock price of $118.25 is 3.67% below its 52-week high and 35.56% above its 52-week low. Over the last 10 years, it has returned a gain of 183%.
Automatic Data Processing's revenue of $12,379 million grew by 5.80% over the last 10 years. Its EPS of $3.85 saw a 10-year growth of 5.30%.
Bill Ackman (Trades, Portfolio) boosted his position by 2,002,03% in the third quarter.
Disclosure: I do not own any shares of any stocks mentioned in this article.
Premium Members
This article first appeared on GuruFocus .
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.
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Four gurus hold 1.6 million shares of Aaron's Inc. ( AAN ) with a total weight of 4.37% on their portfolios. According to the GuruFocus All-In-One Screener , the following companies with core business in the industrials sector have positions in gurus' portfolios. Four gurus hold 47.1 million shares of American Airlines Group Inc. ( AAL ) with a total weight of 1.87% on their portfolios.
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Four gurus hold 1.6 million shares of Aaron's Inc. ( AAN ) with a total weight of 4.37% on their portfolios. In the second quarter Leon Cooperman ( Trades , Portfolio ) and David Dreman (Trades, Portfolio) acquired a new position in the company while Joel Greenblatt (Trades, Portfolio) and Warren Buffett (Trades, Portfolio) reduced their holdings. In the second quarter FPA Capital Fund (Trades, Portfolio), Mario Gabelli (Trades, Portfolio), Charles Brandes (Trades, Portfolio) and Greenblatt reduced their holdings.
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Four gurus hold 1.6 million shares of Aaron's Inc. ( AAN ) with a total weight of 4.37% on their portfolios. In the second quarter Leon Cooperman ( Trades , Portfolio ) and David Dreman (Trades, Portfolio) acquired a new position in the company while Joel Greenblatt (Trades, Portfolio) and Warren Buffett (Trades, Portfolio) reduced their holdings. In the second quarter FPA Capital Fund (Trades, Portfolio), Mario Gabelli (Trades, Portfolio), Charles Brandes (Trades, Portfolio) and Greenblatt reduced their holdings.
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Four gurus hold 1.6 million shares of Aaron's Inc. ( AAN ) with a total weight of 4.37% on their portfolios. American Airlines' revenue of $41.112 billion dropped 14.20% over the last 10 years. In the second quarter Leon Cooperman ( Trades , Portfolio ) and David Dreman (Trades, Portfolio) acquired a new position in the company while Joel Greenblatt (Trades, Portfolio) and Warren Buffett (Trades, Portfolio) reduced their holdings.
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fdc3dbb7-c395-48ff-8f0d-bf28508a5369
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9082.0
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2017-10-27 00:00:00 UTC
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Why Aaron's, Inc. Stock Slumped 10% Today
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AAN
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https://www.nasdaq.com/articles/why-aarons-inc-stock-slumped-10-today-2017-10-27
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nan
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nan
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What happened
Shares of home-furnishings lessor Aaron's Inc. (NYSE: AAN) fell as much as 10% in early trading Friday, after the company reported third-quarter 2017 earnings that fell short of Wall Street estimates. Expected to report pro forma profit of $0.54 per share, Aaron's instead reported just $0.43. Net income as calculated under GAAP (generally accepted accounting principles) was $0.35.
After retracing its early losses somewhat, Aaron's stock closed the day down 7.4%.
So what
Aaron's earns revenue in the form of leasing fees, retail and other sales, franchise fees, and interest on loans. Combined, the company's revenues grew 9.1% from Q3 2016 levels to Q3 2017, rising to $838.9 million. Costs, however, grew even faster -- up 10.1% year over year. As a result, Aaron's net income declined in comparison to the year-ago period, falling 12.5% to $0.35 per share.
Management blamed hurricanes Harvey and Irma for "disrupting" its business in the third quarter.
Now what
Despite the disruption, Aaron's reiterated its earnings guidance for the full year, as previously disclosed in its Q2 2017 report. Thus, Aaron's continues to expect revenue of between $3.33 billion and $3.44 billion this year. Earnings per share should range between $2.10 and $2.30, diluted.
Taken at the midpoint, that works out to a closing share price of $39.14, divided by $2.20 in profit, making Aaron's P/E ratio 17.8. That's kind of expensive for a rental business expected to grow at only 12%, and coming off a quarter in which it grew not at all. If investors are selling off Aaron's shares today, I can't really blame them.
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Rich Smith 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.
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 home-furnishings lessor Aaron's Inc. (NYSE: AAN) fell as much as 10% in early trading Friday, after the company reported third-quarter 2017 earnings that fell short of Wall Street estimates. As a result, Aaron's net income declined in comparison to the year-ago period, falling 12.5% to $0.35 per share. Now what Despite the disruption, Aaron's reiterated its earnings guidance for the full year, as previously disclosed in its Q2 2017 report.
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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. What happened Shares of home-furnishings lessor Aaron's Inc. (NYSE: AAN) fell as much as 10% in early trading Friday, after the company reported third-quarter 2017 earnings that fell short of Wall Street estimates. 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 home-furnishings lessor Aaron's Inc. (NYSE: AAN) fell as much as 10% in early trading Friday, after the company reported third-quarter 2017 earnings that fell short of Wall Street estimates. Expected to report pro forma profit of $0.54 per share, Aaron's instead reported just $0.43. 10 stocks we like better than Aaron's When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
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What happened Shares of home-furnishings lessor Aaron's Inc. (NYSE: AAN) fell as much as 10% in early trading Friday, after the company reported third-quarter 2017 earnings that fell short of Wall Street estimates. Expected to report pro forma profit of $0.54 per share, Aaron's instead reported just $0.43. Costs, however, grew even faster -- up 10.1% year over year.
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020492cf-7397-4a0d-9f3a-281ec0098731
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9083.0
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2017-10-24 00:00:00 UTC
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Factors Likely to Decide Aaron's (AAN) Fate in Q3 Earnings
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AAN
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https://www.nasdaq.com/articles/factors-likely-to-decide-aarons-aan-fate-in-q3-earnings-2017-10-24
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nan
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nan
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Aaron's, Inc.AAN is scheduled to report third-quarter 2017 results on Oct 27. The question lingering in investors' mind is, whether this rent-to-own retailer will be able to maintain its positive earnings surprise streak in the to-be-reported quarter.
Notably, the company's earnings have outpaced the Zacks Consensus Estimate for the last five quarters now, with a trailing four-quarter average of 14%.
Aaron's, Inc. Price, Consensus and EPS Surprise
Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote
The Zacks Consensus Estimate for the third quarter has moved down by a penny to 54 cents in the last seven days. However, the estimate reflects a year-over-year growth of about 8%. Further, analysts polled by Zacks expect revenues of $827.8 million, up 7.7% from the year-ago quarter.
Factors at Play
We note that declining comparable store sales (comps) at the company-operated stores remain concerns for quite some time. Evidently, comps dropped 8.1% and 9.3% in the second and first quarters of 2017, respectively. Also, the same declined 5.8%, 4.6%, 1.2% and 2.1%, respectively, in the fourth, third, second and first quarters of 2016. In 2017, comps at Aaron's Business are expected to decline in the range of 7-9%.
Further, the company's Aaron's Business has been facing declining revenues for a while now. The Aaron's Business' revenues fell 10.7% and 13.4% in the second and first quarters of 2017, respectively.
Nevertheless, the company has been making investments in its Aaron's Business to enhance direct-to-consumer platform and overall growth. Further, Aaron's bought considerably all the assets of its largest franchisee, SEI/Aaron's, which is anticipated to be accretive to earnings in 2017. Also, this deal is likely to widen Aaron's footprint in the markets with high growth opportunities, besides boosting its revenues and supply-chain synergies between the Aaron's Business and Progressive Leasing.
Also, management remains impressed with the continued strength at the Progressive business and is optimistic about its growth prospects in the near term.
So far this year, Aaron's shares have rallied 31.6% compared with the industry 's growth of 28.7%.
What the Zacks Model Unveils?
Our proven model does not show that Aaron's is likely to beat earnings estimates this quarter. This is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) for this to happen. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .
Aaron's has an Earnings ESP of -1.25%, which when combined with its Zacks Rank #4 (Sell) lowers the chances of an earnings beat.
As it is we caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
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:
Conn's, Inc. CONN has an Earnings ESP of +50.00% and a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
Big Lots, Inc. BIG has an Earnings ESP of +15.39% and a Zacks Rank #2.
Lowe's Companies, Inc. LOW has an Earnings ESP of +1.23% and a Zacks Rank #3.
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Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Conn's, Inc. (CONN): Free Stock Analysis Report
Big Lots, Inc. (BIG): 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.
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, Inc.AAN is scheduled to report third-quarter 2017 results on Oct 27. Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. The question lingering in investors' mind is, whether this rent-to-own retailer will be able to maintain its positive earnings surprise streak in the to-be-reported quarter.
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Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to report third-quarter 2017 results on Oct 27. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote The Zacks Consensus Estimate for the third quarter has moved down by a penny to 54 cents in the last seven days.
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Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is scheduled to report third-quarter 2017 results on Oct 27. Aaron's, Inc. Price, Consensus and EPS Surprise Aaron's, Inc. Price, Consensus and EPS Surprise | Aaron's, Inc. Quote The Zacks Consensus Estimate for the third quarter has moved down by a penny to 54 cents in the last seven days.
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Aaron's, Inc.AAN is scheduled to report third-quarter 2017 results on Oct 27. Click to get this free report Lowe's Companies, Inc. (LOW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report Big Lots, Inc. (BIG): Free Stock Analysis Report To read this article on Zacks.com click here. In 2017, comps at Aaron's Business are expected to decline in the range of 7-9%.
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1b28a4d0-dee0-45e7-b039-69ae6f027dca
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9084.0
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2017-10-20 00:00:00 UTC
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Stocks Showing Market Leadership: Aaron's Earns 92 RS Rating
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AAN
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https://www.nasdaq.com/articles/stocks-showing-market-leadership-aarons-earns-92-rs-rating-2017-10-20
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nan
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nan
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On Friday, Aaron's ( AAN ) received an upgrade to its Relative Strength ( RS ) Rating , from 89 to 92.
[ibd-display-video id=2354661 width=50 float=left autostart=true] IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks tend to have an 80 or better RS Rating as they begin their biggest runs.
Looking For Winning Stocks? Try This Simple Routine
The stock is working on a consolidation with a 48.32 entry . See if it can break out in volume at least 40% above average.
Top and bottom line growth moved higher last quarter. Earnings were up 15%, compared to 13% in the prior report. Revenue increased from -1% to 3%. Look for the next report on or around Oct. 28.
Aaron's earns the No. 1 rank among its peers in the Retail-Consumer Electronics industry group. Conns ( CONN ) and Best Buy ( BBY ) are also among the group's highest-rated stocks.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
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.
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On Friday, Aaron's ( AAN ) received an upgrade to its Relative Strength ( RS ) Rating , from 89 to 92. [ibd-display-video id=2354661 width=50 float=left autostart=true] IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. Over 100 years of market history reveals that the top-performing stocks tend to have an 80 or better RS Rating as they begin their biggest runs.
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On Friday, Aaron's ( AAN ) received an upgrade to its Relative Strength ( RS ) Rating , from 89 to 92. Why Should You Use IBD's Relative Strength Rating? How Relative Strength Line Can Help You Judge A Stock 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 Friday, Aaron's ( AAN ) received an upgrade to its Relative Strength ( RS ) Rating , from 89 to 92. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database. Which Stocks Are Showing Rising Relative Strength?
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On Friday, Aaron's ( AAN ) received an upgrade to its Relative Strength ( RS ) Rating , from 89 to 92. Which Stocks Are Showing Rising Relative Strength? Why Should You Use IBD's Relative Strength Rating?
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80f5d74c-4208-488b-9714-1170cc72265c
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9085.0
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2017-10-11 00:00:00 UTC
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Best Buy (BBY) Up 34% This year, Can the Bull Run Continue?
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AAN
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https://www.nasdaq.com/articles/best-buy-bby-up-34-this-year-can-the-bull-run-continue-2017-10-11
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nan
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nan
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The year 2017 has turned out to be a stupendous one for Retail-Consumer Electronic industry. The industry not only has surged 31.2% year to date, but has also outperformed the S&P 500 gain of 13.6%. Moreover, it also occupies top 6% (16 out of 265) position among the Zacks classified industries. Stocks such as Best Buy Co., Inc.BBY , Conn's, Inc. CONN and Aaron's, Inc. AAN have witnessed a gain of 34%, 109% and 37.2%, respectively. Today we will focus on Best Buy and try to analyze the catalysts that may help the stock to sustain its momentum going forward.
Strategic Endeavors Well on Track
Best Buy has exhibited a bullish run in the index owing to strategic efforts, sturdy online sales growth and solid earnings history. The company is making extensive investments to upgrade operations with special focus on developing omni-channel capabilities and strengthening partnership with vendors.
The company's Renew Blue program, which was announced in November 2012 aided it to overcome two major problems, "negative comparable sales and declining operating income rate". The strategy helped the company to deliver compounded annual adjusted earnings growth rate of 8% in the past five years. Best Buy, which has generated cost savings of $1.4 billion in the past five years, continues to expect an additional annualized cost reduction of $600 million by 2021. These efforts have helped the stock to register a whopping gain of 223.7% in the past five years, outpacing the industry's increase of 129.9%.
Following the successful completion of "Renew Blue" program, the company launched a fresh strategy called "Best Buy 2020: Building the New Blue". In an effort to drive growth, the company is focused on expansion of multi-channel retail business, offering services and solutions that solve customer need. Moreover, it is concentrating on accelerating growth in Canada and Mexico. The company intends to establish itself as a smart home market leader by rolling out the Best Buy Smart Home Powered by Vivint home automation and security by October end.
Above Initiatives Lead to Buoyant Outlook
Best Buy expects fiscal 2021 adjusted earnings per share in the range of $4.75-$5.00, which demonstrates a compounded annual growth rate of 8-9% from fiscal 2017. Meanwhile, the company anticipates enterprise revenues of $43 billion for fiscal 2021 compared with the fiscal 2017 revenues of $39.4 billion.
Following better-than expected third-quarter fiscal 2018 results, the company raised fiscal 2018 guidance. For the fiscal year, management forecasts Enterprise revenues (including 53rd week) growth of 4%, up from the prior guidance of 2.5%. The company anticipates adjusted operating income (including 53rd week) growth rate in the range of 4-9%, up from the earlier guided range of 3.5-8.5%. For third-quarter fiscal 2018, management projects Enterprise revenues between $9.3 billion and $9.4 billion, and comparable sales increase of 4.5-5.5%. Management envisions adjusted earnings in the range of 75-80 cents a share.
Wrapping Up
Best Buy, which shares space with GameStop Corp. GME is leaving no stone unturned to attract consumers and attain incremental revenues. Keeping in mind strong fundamental and robust view, we believe this Zacks Rank #2 (Buy) stock will continue to build momentum going forward. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .
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Aaron's, Inc. (AAN): Free Stock Analysis Report
Best Buy Co., Inc. (BBY): Free Stock Analysis Report
Gamestop Corporation (GME): Free Stock Analysis Report
Conn's, Inc. (CONN): 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.
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 such as Best Buy Co., Inc.BBY , Conn's, Inc. CONN and Aaron's, Inc. AAN have witnessed a gain of 34%, 109% and 37.2%, respectively. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. The company's Renew Blue program, which was announced in November 2012 aided it to overcome two major problems, "negative comparable sales and declining operating income rate".
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks such as Best Buy Co., Inc.BBY , Conn's, Inc. CONN and Aaron's, Inc. AAN have witnessed a gain of 34%, 109% and 37.2%, respectively. The company anticipates adjusted operating income (including 53rd week) growth rate in the range of 4-9%, up from the earlier guided range of 3.5-8.5%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks such as Best Buy Co., Inc.BBY , Conn's, Inc. CONN and Aaron's, Inc. AAN have witnessed a gain of 34%, 109% and 37.2%, respectively. Above Initiatives Lead to Buoyant Outlook Best Buy expects fiscal 2021 adjusted earnings per share in the range of $4.75-$5.00, which demonstrates a compounded annual growth rate of 8-9% from fiscal 2017.
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Stocks such as Best Buy Co., Inc.BBY , Conn's, Inc. CONN and Aaron's, Inc. AAN have witnessed a gain of 34%, 109% and 37.2%, respectively. Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Best Buy Co., Inc. (BBY): Free Stock Analysis Report Gamestop Corporation (GME): Free Stock Analysis Report Conn's, Inc. (CONN): Free Stock Analysis Report To read this article on Zacks.com click here. The strategy helped the company to deliver compounded annual adjusted earnings growth rate of 8% in the past five years.
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20591593-4758-456e-9ab4-08fa7ee1a90f
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9086.0
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2017-10-09 00:00:00 UTC
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FPA Capital Sells Western Digital, Arris, Aaron's
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AAN
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https://www.nasdaq.com/articles/fpa-capital-sells-western-digital-arris-aarons-2017-10-09
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nan
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nan
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FPA Capital Fund ( Trades , Portfolio ) is an institutional money management firm and manages a portfolio composed of 19 stocks with a total value of $306 million. During the third quarter the fund sold shares in the following stocks:
Babcock & Wilcox Enterprises Inc. ( BW ) was closed impacting the portfolio by -7.14%.
GuruFocus gives the company a profitability and growth rating of 3 out of 10. The return on equity (ROE) of -39.48% and return on assets (ROA) of -14.21% are underperforming 94% of the companies in the Global Electronic Components industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.52 is below the industry median of 1.44.
The largest shareholder among the gurus is First Pacific Advisors (Trades, Portfolio) with 11.38% of outstanding shares followed by Charles Brandes (Trades, Portfolio) with 2.45% and Michael Price (Trades, Portfolio) with 1.35%.
The guru also closed its Rowan Companies PLC ( RDC ) position with an impact of -3.43% on the portfolio.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of -0.72% and ROA of -0.43% are outperforming 63% of the companies in the Global Oil & Gas Drilling industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.46 is above the industry median of 0.37.
Richard Pzena (Trades, Portfolio) is another notable shareholder among the gurus with 0.79% of outstanding shares followed by Joel Greenblatt (Trades, Portfolio) with 0.73%, Mario Gabelli (Trades, Portfolio) with 0.2% and Lee Ainslie (Trades, Portfolio) with 0.17%.
The Aaron's Inc. ( AAN ) holding was reduced by 46.18% impacting the portfolio by -2.29%.
GuruFocus gives the company a profitability and growth rating of 8 out of 10. The ROE of 9.46% and ROA of 5.46% are outperforming 58% of the companies in the Global Rental & Leasing Services industry. Financial strength has a rating of 7 out of 10 with a cash-debt ratio of 0.71 that is above the industry median of 0.62.
Diamond Hill Capital (Trades, Portfolio) is the largest shareholder among the gurus with 4.01% of outstanding shares followed by Gabelli with 1.21% and FPA Capital Fund with 0.42%.
The guru's holding of Vista Outdoor Inc. ( VSTO ) was closed with an impact of -2.29% on the portfolio.
GuruFocus gives the company a profitability and growth rating of 5 out of 10. The ROE of -20.09% and ROA of -9.00% are underperforming 90% of the companies in the Global Leisure industry. Financial strength has a rating of 4 out of 10. The cash-debt ratio of 0.05 is below the industry median of 0.66.
The largest shareholder among the gurus is First Eagle Investment (Trades, Portfolio) with 9.68% of outstanding shares followed by Keeley Asset Management Corp (Trades, Portfolio) with 1.37%.
The Dana Inc. 's ( DAN ) position was reduced by 41.59%. The trade had an impact of -1.32% on the portfolio.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 70.43% and ROA of 13.80% are outperforming 91% of the companies in the Global Auto Parts industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.32 is below the industry median of 0.74.
Gabelli is the largest shareholder among the gurus with 3.35% of outstanding shares followed by Pzena with 2.09%, Chuck Royce (Trades, Portfolio) with 0.91% and Ken Fisher (Trades, Portfolio) with 0.49%.
The investor reduced its shares in ARRIS International PLC( ARRS) by 12.52% and with an impact of -1.2% on the portfolio.
GuruFocus gives the company a profitability and growth rating of 7 out of 10. The ROE of 4.15% and ROA of 1.69% are underperforming 53% of the companies in the Global Communication Equipment industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.62 is below the industry median of 2.24.
The largest shareholder among the gurus is HOTCHKIS & WILEY with 6.17% of outstanding shares followed by First Pacific Advisors with 1.46%, Leon Cooperman (Trades, Portfolio) with 0.48% and NWQ Managers (Trades, Portfolio) with 0.29%.
The Western Digital Corp. 's (WDC) holding was reduced by 11.77%. The trade had an impact of -1.09% on the portfolio.
GuruFocus gives the company a profitability and growth rating of 6 out of 10. The ROE of 3.06% and ROA of 1.32% are underperforming 65% of the companies in the Global Data Storage industry. Financial strength has a rating of 5 out of 10. The cash-debt ratio of 0.49 is below the industry median of 1.44.
David Tepper (Trades, Portfolio) is the top shareholder among the gurus with 0.87% of outstanding shares followed by T Rowe Price Equity Income Fund (Trades, Portfolio) with 0.49% and PRIMECAP Management (Trades, Portfolio) with 0.3%.
Disclosure: I do not own any shares of any stocks mentioned in this article.
Premium Members
This article first appeared on GuruFocus .
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.
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The Aaron's Inc. ( AAN ) holding was reduced by 46.18% impacting the portfolio by -2.29%. During the third quarter the fund sold shares in the following stocks: Babcock & Wilcox Enterprises Inc. ( BW ) was closed impacting the portfolio by -7.14%. The guru also closed its Rowan Companies PLC ( RDC ) position with an impact of -3.43% on the portfolio.
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The Aaron's Inc. ( AAN ) holding was reduced by 46.18% impacting the portfolio by -2.29%. The largest shareholder among the gurus is First Pacific Advisors (Trades, Portfolio) with 11.38% of outstanding shares followed by Charles Brandes (Trades, Portfolio) with 2.45% and Michael Price (Trades, Portfolio) with 1.35%. Diamond Hill Capital (Trades, Portfolio) is the largest shareholder among the gurus with 4.01% of outstanding shares followed by Gabelli with 1.21% and FPA Capital Fund with 0.42%.
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The Aaron's Inc. ( AAN ) holding was reduced by 46.18% impacting the portfolio by -2.29%. The largest shareholder among the gurus is First Pacific Advisors (Trades, Portfolio) with 11.38% of outstanding shares followed by Charles Brandes (Trades, Portfolio) with 2.45% and Michael Price (Trades, Portfolio) with 1.35%. Richard Pzena (Trades, Portfolio) is another notable shareholder among the gurus with 0.79% of outstanding shares followed by Joel Greenblatt (Trades, Portfolio) with 0.73%, Mario Gabelli (Trades, Portfolio) with 0.2% and Lee Ainslie (Trades, Portfolio) with 0.17%.
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The Aaron's Inc. ( AAN ) holding was reduced by 46.18% impacting the portfolio by -2.29%. Financial strength has a rating of 7 out of 10 with a cash-debt ratio of 0.71 that is above the industry median of 0.62. The trade had an impact of -1.32% on the portfolio.
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2b8a2605-857f-4565-985e-ae0b123b7f35
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9087.0
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2017-09-28 00:00:00 UTC
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Stock Indexes Mixed; Small Caps Lag
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AAN
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https://www.nasdaq.com/articles/stock-indexes-mixed-small-caps-lag-2017-09-28
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nan
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nan
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U.S. stock indexes took small steps in mixed action midday Thursday, a day after scoring big gains.
The Nasdaq lost 0.2% at midsession Thursday, while the S&P 500 was flat. The Dow Jones industrial average inched up 0.1%. The small-cap Russell 2000 carved off 0.1%.
[ibd-display-video id=2322782 width=50 float=left autostart=true]Small caps have been leading the market since the market's uptrend resumed about five weeks ago, but they were struggling at midsession.
Volume in the stock market today sagged on both major exchanges compared with the same time Wednesday.
On Wednesday, the stock market found confidence as President Trump unveiled his tax-cut proposals during a speech in Indianapolis. Trump said in the address that his hope for the tax cuts is that "everything takes off like a rocket ship, like it should have for 20 years."
On Thursday, a few stocks showed rocketlike action:
Biotech Bluebird Bio ( BLUE ) surged 9% in heavy volume. The 2013 initial public offering has yet to turn an annual profit.
Spice maker McCormick ( MKC ) jumped 5% in strong trade. The stock is building the right side of a base and is only 5% off its high.
Lease-to-own retailer Aaron's ( AAN ) pegged a 4% gain in hefty volume. The stock is trying to retake its 50-day line. Aaron's base is second stage, according to MarketSmith's pattern-recognition technology.
Blue chips were evenly split between winners and losers in the Dow Jones industrial average. McDonald's ( MCD ) gapped up 2.5% as it retook its 50-day line in busy volume. On the downside, United Technologies ( UTX ) dropped 1.5% in moderately higher volume.
Meanwhile, cement stocks rallied for a second day in a row. The group gained 2.8% Wednesday and added a 1% thrust midday Thursday.
In economic news, reports were generally in line with expectations. The final reading on second-quarter GDP rolled in at 3.1%, matching the consensus view. First-time jobless claims were 272,000, slightly better than the estimate for 275,000.
RELATED:
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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.
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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Lease-to-own retailer Aaron's ( AAN ) pegged a 4% gain in hefty volume. U.S. stock indexes took small steps in mixed action midday Thursday, a day after scoring big gains. On Wednesday, the stock market found confidence as President Trump unveiled his tax-cut proposals during a speech in Indianapolis.
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Lease-to-own retailer Aaron's ( AAN ) pegged a 4% gain in hefty volume. The Dow Jones industrial average inched up 0.1%. Blue chips were evenly split between winners and losers in the Dow Jones industrial average.
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Lease-to-own retailer Aaron's ( AAN ) pegged a 4% gain in hefty volume. U.S. stock indexes took small steps in mixed action midday Thursday, a day after scoring big gains. On Thursday, a few stocks showed rocketlike action: Biotech Bluebird Bio ( BLUE ) surged 9% in heavy volume.
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Lease-to-own retailer Aaron's ( AAN ) pegged a 4% gain in hefty volume. U.S. stock indexes took small steps in mixed action midday Thursday, a day after scoring big gains. The stock is trying to retake its 50-day line.
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537c965c-a0c2-4309-9712-7338ba92bc65
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9088.0
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2017-09-22 00:00:00 UTC
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Zacks.com featured highlights include JA Solar Holdings, BioTelemetry, Arista Networks, Owens Corning and Aaron's
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AAN
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https://www.nasdaq.com/articles/zacks.com-featured-highlights-include-ja-solar-holdings-biotelemetry-arista-networks-owens
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nan
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For Immediate Release
Chicago, IL - September 22, 2017 - Stocks in this week's article include JA Solar Holdings Co., Ltd. (Nasdaq: JASO - Free Report ), BioTelemetry, Inc. (Nasdaq: BEAT - Free Report ), Arista Networks, Inc. (NYSE: ANET - Free Report ), Owens Corning (NYSE: OC - Free Report )and Aaron's, Inc. (NYSE: AAN - Free Report ).
Screen of the Week of Zacks Investment Research:
5 Momentum Stocks Powered by Driehaus Strategy
One of the most widely used investment approaches for those interested in momentum stocks is the Driehaus strategy. This is based on the "buy high and sell higher" principle and used by investors with a high-risk appetite. The success of this investing strategy helped Driehaus to earn a place in Barron's All-Century Team.
Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500. Thus, investors with a high risk appetite may opt for this strategy.
A Look at Driehaus' Strategy
After a detailed study of the Driehaus' strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was made to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
"I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.
Screening Parameters
The percentage 50-day moving average is one of the key criteria in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included in this strategy.
In order to make the strategy more profitable, we have only considered those stocks that have a Zacks Rank #1 (Strong Buy) as well as a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential.
• Zacks Rank equal to #1
(Only Strong Buy rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .)
• Last 5-year average EPS growth rates above 2%
(Strong EPS growth history ensures improving business.)
• Trailing 12 month EPS growth higher than 0 and industry median
(Higher EPS growth compared to the industry average indicates superior stocks.)
• Last four-quarter average EPS surprise greater than 5%
(Positive EPS surprise indicates potential.)
• Positive % 50-day moving average and relative strength over 4 weeks
(High % 50-day moving average and relative strength signal uptrend.)
• Momentum Score equal to or less than B
(A favorable Momentum Score indicates that it is ideal to take advantage of the momentum with the highest probability of success.)
These few parameters narrowed down the universe of over 7,881 stocks to only 15.
Here are five of the 15 stocks:
JA Solar Holdings Co., Ltd. (Nasdaq: JASO - Free Report ) is a manufacturer and seller of solar power products based on crystalline silicon technologies. The company has a Momentum Score of A and an average four-quarter positive earnings surprise of more than 100%.
BioTelemetry, Inc. (Nasdaq: BEAT - Free Report ) is a provider of cardiac monitoring device manufacturing and centralized cardiac core laboratory services. The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 16.9%.
Arista Networks, Inc. (NYSE: ANET - Free Report ) is a supplier of cloud networking solutions. The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 22.8%.
Owens Corning (NYSE: OC - Free Report ) is a producer and seller of glass fiber reinforcements and other materials. The company has a Momentum Score of B and an average four-quarter positive earnings surprise of 20.2%.
Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 14%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
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 Research Wizard trial 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.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it free »
Sign up now for your free trial today and start picking better stocks immediately. And with the backtesting feature, you can test your ideas to see how you can improve your trading in both up markets and down markets. Don't wait for the market to get better before you decide to do better. Start learning how to be a better trader today: https://at.zacks.com/?id=111
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.
About Screen of the Week
Zacks.com created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Each week, Zacks Profit from the Pros free email newsletter shares a new screening strategy. Learn more about it here https://at.zacks.com/?id=112
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Click here for your free subscription to Profit from the Pros .
Get the full Report on JASO - FREE
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Contact: Jim Giaquinto
Company: Zacks.com
Phone: 312-265-9268
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Visit: https://www.zacks.com/performance
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer .
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.
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
Arista Networks, Inc. (ANET): Free Stock Analysis Report
Owens Corning Inc (OC): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
BioTelemetry, Inc. (BEAT): Free Stock Analysis Report
JA Solar Holdings, Co., Ltd. (JASO): 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.
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 - September 22, 2017 - Stocks in this week's article include JA Solar Holdings Co., Ltd. (Nasdaq: JASO - Free Report ), BioTelemetry, Inc. (Nasdaq: BEAT - Free Report ), Arista Networks, Inc. (NYSE: ANET - Free Report ), Owens Corning (NYSE: OC - Free Report )and Aaron's, Inc. (NYSE: AAN - Free Report ). Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. Get the full Report on JASO - FREE Get the full Report on BEAT - FREE Get the full Report on ANET - FREE Get the full Report on OC - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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For Immediate Release Chicago, IL - September 22, 2017 - Stocks in this week's article include JA Solar Holdings Co., Ltd. (Nasdaq: JASO - Free Report ), BioTelemetry, Inc. (Nasdaq: BEAT - Free Report ), Arista Networks, Inc. (NYSE: ANET - Free Report ), Owens Corning (NYSE: OC - Free Report )and Aaron's, Inc. (NYSE: AAN - Free Report ). Get the full Report on JASO - FREE Get the full Report on BEAT - FREE Get the full Report on ANET - FREE Get the full Report on OC - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report JA Solar Holdings, Co., Ltd. (JASO): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - September 22, 2017 - Stocks in this week's article include JA Solar Holdings Co., Ltd. (Nasdaq: JASO - Free Report ), BioTelemetry, Inc. (Nasdaq: BEAT - Free Report ), Arista Networks, Inc. (NYSE: ANET - Free Report ), Owens Corning (NYSE: OC - Free Report )and Aaron's, Inc. (NYSE: AAN - Free Report ). Get the full Report on JASO - FREE Get the full Report on BEAT - FREE Get the full Report on ANET - FREE Get the full Report on OC - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report JA Solar Holdings, Co., Ltd. (JASO): Free Stock Analysis Report To read this article on Zacks.com click here.
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For Immediate Release Chicago, IL - September 22, 2017 - Stocks in this week's article include JA Solar Holdings Co., Ltd. (Nasdaq: JASO - Free Report ), BioTelemetry, Inc. (Nasdaq: BEAT - Free Report ), Arista Networks, Inc. (NYSE: ANET - Free Report ), Owens Corning (NYSE: OC - Free Report )and Aaron's, Inc. (NYSE: AAN - Free Report ). Aaron's, Inc. (NYSE: AAN - Free Report ) is an omnichannel provider of lease-purchase solutions. Get the full Report on JASO - FREE Get the full Report on BEAT - FREE Get the full Report on ANET - FREE Get the full Report on OC - FREE Get the full Report on AAN - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/ZacksInvestmentResearch Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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82dbb81d-eba6-49ef-8f7d-da566d3cd608
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9089.0
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2017-09-21 00:00:00 UTC
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5 Momentum Stocks Powered by Driehaus Strategy
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AAN
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https://www.nasdaq.com/articles/5-momentum-stocks-powered-by-driehaus-strategy-2017-09-21
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nan
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One of the most widely used investment approaches for those interested in momentum stocks is the Driehaus strategy. This is based on the "buy high and sell higher" principle and used by investors with a high-risk appetite. The success of this investing strategy helped Driehaus to earn a place in Barron's All-Century Team.
Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns. AAII's portfolio, which was developed following the strategy, returned 13.5% and 18.1% in the five and 10- year time frames, respectively, compared with -1.1% and 4.2% returns for the S&P 500. Thus, investors with a high risk appetite may opt for this strategy.
A Look at Driehaus' Strategy
After a detailed study of the Driehaus' strategy, AAII concluded that it mainly focuses on strong earnings growth rates and impressive prospects to pick potential outperformers. While this strategy was made to provide better returns over the longer haul, companies with a strong history of beating estimates were also given importance.
"I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in a decline and try to guess when it will turn around," Driehaus had said in an interview.
Screening Parameters
The percentage 50-day moving average is one of the key criteria in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator - positive relative strength - has also been included in this strategy.
In order to make the strategy more profitable, we have only considered those stocks that have a Zacks Rank #1 (Strong Buy) as well as a momentum score of 'A' or 'B'. Our research shows that stocks with a Style Score of 'A' or 'B' when combined with a Zacks Rank #1 or 2 offer the best upside potential.
• Zacks Rank equal to #1
(Only Strong Buy rated stocks can get through. You can see the complete list of today's Zacks #1 Rank stocks here .)
• Last 5-year average EPS growth rates above 2%
(Strong EPS growth history ensures improving business.)
• Trailing 12 month EPS growth higher than 0 and industry median
(Higher EPS growth compared to the industry average indicates superior stocks.)
• Last four-quarter average EPS surprise greater than 5%
(Positive EPS surprise indicates potential.)
• Positive % 50-day moving average and relative strength over 4 weeks
(High % 50-day moving average and relative strength signal uptrend.)
• Momentum Score equal to or less than B
(A favorable Momentum Score indicates that it is ideal to take advantage of the momentum with the highest probability of success.)
These few parameters narrowed down the universe of over 7,881 stocks to only 15.
Here are five of the 15 stocks:
JA Solar Holdings Co., Ltd.JASO is a manufacturer and seller of solar power products based on crystalline silicon technologies. The company has a Momentum Score of A and an average four-quarter positive earnings surprise of more than 100%.
BioTelemetry, Inc.BEAT is a provider of cardiac monitoring device manufacturing and centralized cardiac core laboratory services.The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 16.9%.
Arista Networks, Inc.ANET is a supplier of cloud networking solutions.The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 22.8%.
Owens CorningOC is a producer and seller of glass fiber reinforcements and other materials.The company has a Momentum Score of B and an average four-quarter positive earnings surprise of 20.2%.
Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 14%.
Get the rest of the stocks on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software.
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 Research Wizard trial 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.
Zacks Restaurant Recommendations: In addition to dining at these special places, you can feast on their stock shares. A Zacks Special Report spotlights 5 recent IPOs to watch plus 2 stocks that offer immediate promise in a booming sector. Download it 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
Arista Networks, Inc. (ANET): Free Stock Analysis Report
Owens Corning Inc (OC): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
BioTelemetry, Inc. (BEAT): Free Stock Analysis Report
JA Solar Holdings, Co., Ltd. (JASO): 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.
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, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 14%. Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report JA Solar Holdings, Co., Ltd. (JASO): Free Stock Analysis Report To read this article on Zacks.com click here. Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns.
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Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report JA Solar Holdings, Co., Ltd. (JASO): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 14%. • Trailing 12 month EPS growth higher than 0 and industry median (Higher EPS growth compared to the industry average indicates superior stocks.)
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Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report JA Solar Holdings, Co., Ltd. (JASO): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 14%. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend.
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Aaron's, Inc.AAN is an omnichannel provider of lease-purchase solutions.The company has a Momentum Score of A and an average four-quarter positive earnings surprise of 14%. Click to get this free report Arista Networks, Inc. (ANET): Free Stock Analysis Report Owens Corning Inc (OC): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report BioTelemetry, Inc. (BEAT): Free Stock Analysis Report JA Solar Holdings, Co., Ltd. (JASO): Free Stock Analysis Report To read this article on Zacks.com click here. Portfolios such as that of The American Association of Individual Investors ("AAII") proved that the strategy has the potential to offer high returns.
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d2d760a0-26ae-4a35-9a90-19678f845720
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9090.0
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2017-09-20 00:00:00 UTC
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Williams-Sonoma's (WSM) West Elm Opens First Store in Iowa
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AAN
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https://www.nasdaq.com/articles/williams-sonomas-wsm-west-elm-opens-first-store-in-iowa-2017-09-20
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nan
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nan
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Williams-Sonoma, Inc.'sWSM West Elm brand announced that it will inaugurate its first store in Iowa's Des Moines East Village on Sep 28.
With the potential to generate jobs for around 30 people, the store plans on selling a few local products sourced from seven Iowa-based designers and manufacturers along with company-made modern home furnishings and décor. In fact, Williams-Sonoma's strategy of product regionalization has been driving demand across channels.
Additionally, West Elm will offer a consultation program of cross-brand design to encourage interaction between customers and experts providing designs, installation and registry services.
Moreover, Williams-Sonoma enjoys strong international presence. Other than the United States, the company operates retail stores in Philippines, Canada, Puerto Rico, Australia and the U.K. The company also has franchised stores in some of the countries in the Middle East.
The widespread operations have not only lent William-Sonoma a scale advantage over its competitors but are expected to drive its top line, amid the challenging U.S. e-commerce and retail business space.
However, soft comparable brand revenues and intensifying competition in the industry have been a hindrance for the company for long. The stock has lost 0.6% year to date as against the industry's gain of 2.2%.
Nonetheless, strong brand consciousness, focus on innovation as well as various marketing techniques remain the greatest strength for this Zacks Rank #3 (Hold) company. The stock has seen earnings estimates move up 2.4% for the current quarter and 0.8% for the year over the past 60 days.
Stocks to Consider
A few better-ranked stocks in the Retail-Wholesale sector are Restoration Hardware Holdings Inc. RH , Aaron's, Inc. AAN , and Kirkland's, Inc. KIRK .
Restoration Hardware sports a Zacks Rank #1 (Strong Buy). The company's current-year earnings are expected to increase 91.3%. You can see the complete list of today's Zacks #1 Rank stocks here
Aaron's also flaunts a Zacks Rank #1 with current-year earnings expected to increase 12.3%.
Kirkland's carries a Zacks Rank #2 (Buy). The company flaunts a solid VGM Score of A.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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
Aaron's, Inc. (AAN): Free Stock Analysis Report
Kirkland's, Inc. (KIRK): Free Stock Analysis Report
Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report
Williams-Sonoma, Inc. (WSM): 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.
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 A few better-ranked stocks in the Retail-Wholesale sector are Restoration Hardware Holdings Inc. RH , Aaron's, Inc. AAN , and Kirkland's, Inc. KIRK . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report To read this article on Zacks.com click here. With the potential to generate jobs for around 30 people, the store plans on selling a few local products sourced from seven Iowa-based designers and manufacturers along with company-made modern home furnishings and décor.
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Stocks to Consider A few better-ranked stocks in the Retail-Wholesale sector are Restoration Hardware Holdings Inc. RH , Aaron's, Inc. AAN , and Kirkland's, Inc. KIRK . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report To read this article on Zacks.com click here. You can see the complete list of today's Zacks #1 Rank stocks here Aaron's also flaunts a Zacks Rank #1 with current-year earnings expected to increase 12.3%.
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Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks to Consider A few better-ranked stocks in the Retail-Wholesale sector are Restoration Hardware Holdings Inc. RH , Aaron's, Inc. AAN , and Kirkland's, Inc. KIRK . Nonetheless, strong brand consciousness, focus on innovation as well as various marketing techniques remain the greatest strength for this Zacks Rank #3 (Hold) company.
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Stocks to Consider A few better-ranked stocks in the Retail-Wholesale sector are Restoration Hardware Holdings Inc. RH , Aaron's, Inc. AAN , and Kirkland's, Inc. KIRK . Click to get this free report Aaron's, Inc. (AAN): Free Stock Analysis Report Kirkland's, Inc. (KIRK): Free Stock Analysis Report Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report Williams-Sonoma, Inc. (WSM): Free Stock Analysis Report To read this article on Zacks.com click here. The stock has seen earnings estimates move up 2.4% for the current quarter and 0.8% for the year over the past 60 days.
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18c065e1-640d-4589-a1b9-e482d16dc302
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9091.0
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2017-09-19 00:00:00 UTC
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Pick These 4 Stocks to Counter Soft August Retail Sales
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AAN
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https://www.nasdaq.com/articles/pick-these-4-stocks-to-counter-soft-august-retail-sales-2017-09-19
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nan
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nan
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Back-to-back hurricanes disrupted activity and caused damage to homes, vehicles, commercial real estate and public infrastructure. The impact was visible to an extent in the soft August retail sales. The Commerce Department stated that U.S. retail and food services sales declined 0.2%, as people refrained from buying motor vehicles and spent less at clothing & clothing accessories stores and electronics shops. However, retail sales rose 3.2% from August 2016.
Market experts asserted that while recent hurricanes resulted in short-term derailment in the economic activity, a lift in the later part of the year remains on the cards with construction activities and business investments likely to steam up along with an expected boom in auto sales. However, they cautioned that a surge in gasoline prices will pinch the pockets of consumers who make bulk purchases during the holiday season.
Per National Retail Federation's latest forecast retail sales - excluding autos, gas and restaurant - are expected to jump in the band of 3.2-3.8% in 2017. Data compiled by eMarketer expects sales to jump 3.8% to $5.048 trillion this year, with e-commerce sales expected to account for approximately 9% of total sales.
Changing Retail Dynamics
Let's have a sneak peek of the changing dynamics of the Retail-Wholesale sector. Although the sector has not been a spectacular performer, it still holds some promise, given some favorable economic indicators such as improving labor market and gradual recovery in the housing market. We note that so far in the year, the sector has advanced 18.8% compared with the S&P 500's gain of roughly 11.7%.
The retail landscape has been undergoing a fundamental change, with technology playing a major role and the focus shifting to online shopping. Amazon.com Inc. AMZN has been in the spotlight for the last few years, as changing customer patterns made the retail industry more dependent on e-commerce.
This transition in consumer shopping pattern is compelling retailers to rapidly adapt to the changes in the ecosystem. Retailers now have no option left but to keep pace with the changing retail scenario or get eliminated. They are now focusing more on enhancing omni-channel capabilities, optimizing store fleet and restructuring activities.
Retailers are efficiently allocating a large chunk of capital toward a multi-channel growth strategy focused on improving merchandise offerings, as well as developing IT infrastructure to enhance the web and mobile experience of customers. Further, the retailers are renovating stores, developing fulfillment centers to enable speedy delivery, implementing an enterprise-wide inventory management system along with enhancing relationship with existing and new customers.
4 Prominent Picks
If soft retail sales have put you in a spot of bother, we advise you to dismiss concerns about its impact on your portfolio and locate greener pastures. These are stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a VGM Score of A or B.
Rush Enterprises, Inc.RUSHA has emerged as a strong contender with a long-term earnings growth rate of 15% and a VGM Score of A. In a year, the stock has surged roughly 76.9%, comfortably outperforming the industry 's growth of 10%. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and sports a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. The stock sports a Zacks Rank #1 and has a VGM Score of B. The company posted an average positive earnings surprise of 14% in the trailing four quarters. In a year, the stock has displayed a fabulous bull run on the index and has risen 53.6%, while the industry increased 42.1%.
We also suggest investing in Five Below, Inc.FIVE with a long-term earnings growth rate of 28.5% and a VGM Score of A. In a year, this Zacks Rank #2 stock has increased roughly 22.2%, while the industry witnessed a decline of 11.5%. This specialty value retailer delivered an average positive earnings surprise of 8.7% in the preceding four quarters.
Investors can count on Herbalife Ltd.HLF , which develops and sells weight management, sports and fitness, and nutritional and personal care products. The company pulled off an average positive earnings surprise of 25.1% in the trailing four quarters and has a VGM Score of A. In the trailing six months, this Zacks Rank #2 stock has exhibited a bullish run and surged roughly 18.8%, while the industry gained 0.1%.
4 Promising Stock Picks to Keep an Eye On
With news stories about computer hacking and identity theft becoming increasingly commonplace, the cybersecurity industry looks like a promising investment opportunity. But which stocks should you buy? Zacks just released Cybersecurity: An Investor's Guide to Locking Down Profits to help answer this question.
This new Special Report gives you the information you need to make well-informed investment choices in this space. More importantly, it also highlights 4 cybersecurity picks with strong profit potential.
Get the new Investing Guide 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
Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report
Amazon.com, Inc. (AMZN): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Herbalife LTD. (HLF): Free Stock Analysis Report
Five Below, Inc. (FIVE): 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.
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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You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Retailers are efficiently allocating a large chunk of capital toward a multi-channel growth strategy focused on improving merchandise offerings, as well as developing IT infrastructure to enhance the web and mobile experience of customers.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and sports a Zacks Rank #1.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. These are stocks with a Zacks Rank #1 (Strong Buy) or 2 (Buy) and a VGM Score of A or B.
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You may also consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Amazon.com, Inc. (AMZN): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report Five Below, Inc. (FIVE): Free Stock Analysis Report To read this article on Zacks.com click here. Amazon.com Inc. AMZN has been in the spotlight for the last few years, as changing customer patterns made the retail industry more dependent on e-commerce.
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9e08b595-4c09-4dc1-b338-f0702d21bcca
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9092.0
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2017-09-19 00:00:00 UTC
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3 Strong Buy Stocks to Grab on the Dip
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AAN
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https://www.nasdaq.com/articles/3-strong-buy-stocks-grab-dip-2017-09-19
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nan
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nan
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Although Wall Street has evolved significantly over the past few years, several traditional investing philosophies have prevailed. Out of these, perhaps none have witnessed the level of fanaticism that is felt by the infamous "Buy the dips" strategy.
The "Buy the dips" strategy is exactly what it sounds like: following a significant drop in the price of a stock, bullish investors will scoop up shares at what they believe is a discount. The philosophy works because short-term price volatility is oftentimes not indicative of the long-term health of a company, especially in an overall bull market.
What's more, investors can apply the "Buy the dips" philosophy when using the Zacks Rank because the Zacks Rank is entirely unaffected by recent price action. While the Momentum category of our Style Score system does grade stocks based on their latest movement, the Zacks Rank emphasizes earnings estimates and earnings estimate revisions to find stocks that are likely to outperform the market over the next one-to-three months.
With that said, we've identified several stocks that investors should consider buying on the dip right now. All of these stocks have slumped a bit over the past four weeks, but their fortunes could be poised to change soon, as they are all currently sporting a Zacks Rank #1 (Strong Buy). Check them out now:
1. Craft Brew Alliance (BREW)
After a strong post-earnings surge, shares of Craft Brew Alliance have lost some of their momentum. In fact, this maker of specialty beer has slipped over 5% in the past month. Nevertheless, the company remains an exciting growth prospect in one of Wall Street's hottest industries.
Indeed, our "Beverages - Alcohol" group has gained more than 23% year-to-date and is currently in the top 8% of the Zacks Industry Rank. Furthermore, our current consensus estimates are calling for Craft Brew Alliance to post EPS growth of 350% this fiscal year. On top of all this, the stock has a beta rating of just 0.50, which means it's hypothetically less volatile than the market average.
2. Aaron's (AAN)
Despite its relatively unique rent-to-own business model, Aaron's has not been immune from the recent retail sell-off. In fact, the stock has been slipping ever since its recent earnings beat and is down roughly 11% over the past four weeks. However, shares have actually soared more than 50% over the past year, and many investors would still consider Aaron's to be a great value pick.
Aaron's has surpassed the Zacks Consensus Estimate in five-straight quarters. Also, the stock is trading with a P/E ratio of just 16.62 and a P/S ratio of 0.94. Additionally, we've seen six positive revisions to the company's current year and next year earnings estimates within the past 60 days, indicating that analysts are also optimistic about the company's future.
3. PetMed Express (PETS)
At one point this year, shares of online pet supplies marketplace PetMed Express were up over 100%. But over the past few weeks, the stock has dropped over 16% as the company grapples with a unique PR problem: allegations that it has sold prescription animal drugs to human opioid addicts.
However, the particular drugs in question remain a very low percentage of PetMed's total sales, and we've yet to see an analyst response to these issues. In fact, we've seen three positive revisions to its current quarter earnings estimates, as well as two for its next year estimates, within the past 60 days.
Overall, our current consensus estimates are calling for EPS growth of 20% and sales growth of 6.5% this year. The company is also growing its cash pile by 18% this year, and its net margin and RoE significantly outpace the industry averages.
Want morestock market analysisfrom this author? Make sure to follow @ Ryan_McQueeney on Twitter!
4 Promising Stock Picks to Keep an Eye On
With news stories about computer hacking and identity theft becoming increasingly commonplace, the cybersecurity industry looks like a promising investment opportunity. But which stocks should you buy? Zacks just released Cybersecurity: An Investor's Guide to Locking Down Profits to help answer this question.
This new Special Report gives you the information you need to make well-informed investment choices in this space. More importantly, it also highlights 4 cybersecurity picks with strong profit potential. Get the new Investing Guide 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
PetMed Express, Inc. (PETS): Free Stock Analysis Report
Craft Brew Alliance, Inc. (BREW): Free Stock Analysis Report
Aaron's, 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.
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) Despite its relatively unique rent-to-own business model, Aaron's has not been immune from the recent retail sell-off. Click to get this free report PetMed Express, Inc. (PETS): Free Stock Analysis Report Craft Brew Alliance, Inc. (BREW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. The "Buy the dips" strategy is exactly what it sounds like: following a significant drop in the price of a stock, bullish investors will scoop up shares at what they believe is a discount.
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Click to get this free report PetMed Express, Inc. (PETS): Free Stock Analysis Report Craft Brew Alliance, Inc. (BREW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's (AAN) Despite its relatively unique rent-to-own business model, Aaron's has not been immune from the recent retail sell-off. Furthermore, our current consensus estimates are calling for Craft Brew Alliance to post EPS growth of 350% this fiscal year.
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Click to get this free report PetMed Express, Inc. (PETS): Free Stock Analysis Report Craft Brew Alliance, Inc. (BREW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. Aaron's (AAN) Despite its relatively unique rent-to-own business model, Aaron's has not been immune from the recent retail sell-off. While the Momentum category of our Style Score system does grade stocks based on their latest movement, the Zacks Rank emphasizes earnings estimates and earnings estimate revisions to find stocks that are likely to outperform the market over the next one-to-three months.
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Aaron's (AAN) Despite its relatively unique rent-to-own business model, Aaron's has not been immune from the recent retail sell-off. Click to get this free report PetMed Express, Inc. (PETS): Free Stock Analysis Report Craft Brew Alliance, Inc. (BREW): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report To read this article on Zacks.com click here. What's more, investors can apply the "Buy the dips" philosophy when using the Zacks Rank because the Zacks Rank is entirely unaffected by recent price action.
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fb16beea-e23c-4124-be8a-c1cd0a406b51
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9093.0
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2017-09-18 00:00:00 UTC
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Oversold Conditions For Aaron's (AAN)
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AAN
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https://www.nasdaq.com/articles/oversold-conditions-aarons-aan-2017-09-18
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nan
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nan
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Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100. A stock is considered to be oversold if the RSI reading falls below 30.
In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $39.60 per share. By comparison, the current RSI reading of the S&P 500 ETF ( SPY ) is 65.4. A bullish investor could look at AAN's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares:
Looking at the chart above, AAN's low point in its 52 week range is $22.37 per share, with $48.22 as the 52 week high point - that compares with a last trade of $39.58.
According to the ETF Finder at ETF Channel, AAN makes up 2.34% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading relatively unchanged on the day Monday.
Find out what 9 other oversold stocks you need to know about »
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.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $39.60 per share. A bullish investor could look at AAN's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $22.37 per share, with $48.22 as the 52 week high point - that compares with a last trade of $39.58.
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The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $22.37 per share, with $48.22 as the 52 week high point - that compares with a last trade of $39.58. In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $39.60 per share. A bullish investor could look at AAN's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $39.60 per share. The chart below shows the one year performance of AAN shares: Looking at the chart above, AAN's low point in its 52 week range is $22.37 per share, with $48.22 as the 52 week high point - that compares with a last trade of $39.58. A bullish investor could look at AAN's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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In trading on Monday, shares of Aaron's Inc (Symbol: AAN) entered into oversold territory, hitting an RSI reading of 29.6, after changing hands as low as $39.60 per share. According to the ETF Finder at ETF Channel, AAN makes up 2.34% of the PowerShares Dynamic Retail Portfolio ETF (Symbol: PMR) which is trading relatively unchanged on the day Monday. A bullish investor could look at AAN's 29.6 RSI reading today as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.
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75192cdf-54eb-4db5-ab98-5df08c2f9f7b
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9094.0
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2017-09-18 00:00:00 UTC
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Fall in August Retail Sales, Just Make Things Tough for Fed
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AAN
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https://www.nasdaq.com/articles/fall-in-august-retail-sales-just-make-things-tough-for-fed-2017-09-18
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nan
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nan
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U.S. retail sales in August declined unexpectedly, exhibiting a scenario where consumers remained cautious when it comes to spending. This raises doubts as to whether economic growth has somewhat tempered in the current quarter, at a time when things have just started to look up under the Trump administration with stock market scaling new highs. The dismal sales report came on the heels of the soft job addition last month and contraction in industrial output for the first time since January.
Analysts cited that back-to-back hurricanes - Harvey and Irma - disrupted activity, causing damage to homes, vehicles, commercial real estate and public infrastructure. Market experts asserted that while these hurricanes resulted in short-term derailment in the economic activity, a lift in the later part of the year remains on the cards with construction activities and business investments likely to steam up.
Given the prominent reasons on the table, the imminent hike in the benchmark interest rate looks very slim, when the Fed officials meet this week. However, decision over the pairing of $4.5 trillion portfolio of Treasury bonds and mortgage-backed securities in a phased manner could be taken.
Dismal Retail Sales
The Commerce Department stated that U.S. retail and food services sales in August declined 0.2% to $474.8 billion - following a revised reading of 0.3% growth registered in July - as people refrained from buying motor vehicles and spent less at clothing & clothing accessories stores and electronics shops. However, retail sales increased 3.2% from August 2016.
The report suggests that sales at motor vehicles and parts dealers declined 1.6%. Sales at electronics & appliance stores dropped 0.7%, while at clothing shops the same dipped 1%. Meanwhile, furniture & home furnishing stores, grocery outlets and general merchandise shops witnessed sales growth of 0.4%, 0.3% and 0.2%, respectively. Sales at non-store retailers tumbled 1.1% but increased 8.4% from the prior-year period.
Bottom Line
The abovementioned data strongly suggests that consumer spending - accounting for over two-thirds of U.S. economic activity - lost momentum, which otherwise has been one of the pivotal factors driving the economy so far. The Fed will certainly consider the current retail sales report along with inflation data, labor market and other economic indicators, while arriving at any decision over the timing of the rate hike or winding up of balance sheet. The Fed raised the interest rate in June for the second time this year to a range of 1-1.25%.
Well nothing concrete can be said about the outcome of the meeting. Instead of finding an answer to this, it will be better to shift your focus on retail stocks that still hold promise. These are stocks backed with a Zacks Rank #1 (Strong Buy) - Zumiez Inc. ZUMZ , Rush Enterprises, Inc. RUSHA , Aaron's, Inc. AAN , Abercrombie & Fitch Co. ANF and Famous Dave's of America, Inc. DAVE . You can see the complete list of today's Zacks #1 Rank stocks here .
New Report: An Investor's Guide to Cybersecurity
Cyberattacks have become more frequent and destructive than ever. In fact, they're expected to cause $6 trillion per year in damage by 2020.
The cybersecurity industry is expanding quickly in response to these threats. In fact, a projected $170 billion per year will be spent to protect consumer and corporate assets. Zacks has just released Cybersecurity: An Investor's Guide to Locking Down Profits which reveals 4 promising investment candidates.
Download the new report 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
Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Zumiez Inc. (ZUMZ): Free Stock Analysis Report
Abercrombie & Fitch Company (ANF): Free Stock Analysis Report
Famous Dave's of America, Inc. (DAVE): 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.
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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These are stocks backed with a Zacks Rank #1 (Strong Buy) - Zumiez Inc. ZUMZ , Rush Enterprises, Inc. RUSHA , Aaron's, Inc. AAN , Abercrombie & Fitch Co. ANF and Famous Dave's of America, Inc. DAVE . Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Famous Dave's of America, Inc. (DAVE): Free Stock Analysis Report To read this article on Zacks.com click here. Analysts cited that back-to-back hurricanes - Harvey and Irma - disrupted activity, causing damage to homes, vehicles, commercial real estate and public infrastructure.
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These are stocks backed with a Zacks Rank #1 (Strong Buy) - Zumiez Inc. ZUMZ , Rush Enterprises, Inc. RUSHA , Aaron's, Inc. AAN , Abercrombie & Fitch Co. ANF and Famous Dave's of America, Inc. DAVE . Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Famous Dave's of America, Inc. (DAVE): Free Stock Analysis Report To read this article on Zacks.com click here. Dismal Retail Sales The Commerce Department stated that U.S. retail and food services sales in August declined 0.2% to $474.8 billion - following a revised reading of 0.3% growth registered in July - as people refrained from buying motor vehicles and spent less at clothing & clothing accessories stores and electronics shops.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Famous Dave's of America, Inc. (DAVE): Free Stock Analysis Report To read this article on Zacks.com click here. These are stocks backed with a Zacks Rank #1 (Strong Buy) - Zumiez Inc. ZUMZ , Rush Enterprises, Inc. RUSHA , Aaron's, Inc. AAN , Abercrombie & Fitch Co. ANF and Famous Dave's of America, Inc. DAVE . Dismal Retail Sales The Commerce Department stated that U.S. retail and food services sales in August declined 0.2% to $474.8 billion - following a revised reading of 0.3% growth registered in July - as people refrained from buying motor vehicles and spent less at clothing & clothing accessories stores and electronics shops.
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These are stocks backed with a Zacks Rank #1 (Strong Buy) - Zumiez Inc. ZUMZ , Rush Enterprises, Inc. RUSHA , Aaron's, Inc. AAN , Abercrombie & Fitch Co. ANF and Famous Dave's of America, Inc. DAVE . Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Zumiez Inc. (ZUMZ): Free Stock Analysis Report Abercrombie & Fitch Company (ANF): Free Stock Analysis Report Famous Dave's of America, Inc. (DAVE): Free Stock Analysis Report To read this article on Zacks.com click here. U.S. retail sales in August declined unexpectedly, exhibiting a scenario where consumers remained cautious when it comes to spending.
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bfd33114-c15c-418c-be61-16865f9b3646
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9095.0
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2017-09-13 00:00:00 UTC
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5 Retail Value Stocks to Buy as Wall Street Walks a Tightrope
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AAN
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https://www.nasdaq.com/articles/5-retail-value-stocks-buy-wall-street-walks-tightrope-2017-09-13
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nan
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nan
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InvestorPlace - Stock Market News, Stock Advice & Trading Tips
Instead of losing sleep over the uncertainties plaguing the market at the moment and making desperate attempts at finding a direction, investors should follow the footsteps of Benjamin Graham, the father of value investing.
"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."- Benjamin Graham.
Investor sentiment is often swayed by breaking news and headlines, keeping the stock market in its thrall. At present, the devastating hurricanes Irma and Harvey along with geopolitical tension between the United States and North Korea are keeping Wall Street at edge. Investor worries were also heightened following the news that fund managers view the U.S. stock market as the most overvalued in the world. Further, analysts believe that due to the severe impact of hurricane Irma and Harvey Federal Reserve may restrain itself from raising interest rate for the rest of this year.
Despite the aforementioned factors, the recent domestic data provided somewhat respite to investors. Per the commerce department, the U.S. economy expanded at a faster rate than initially expected. Further, increase in retail sales, Consumer Confidence and consumer spending supported by a favorable jobs scenario, indicates that the economy might do well in the second half of 2017.
Where to Put Your Money?
Now the most important question that arises is where should investors put their money in present situation? We believe investors can do well by seeking refuge in less risky stocks. We suppose investing in value stocks could actually be a safer bet at this moment, given their inclination for steady growth and momentum in price.
Value investing offers a break for entering the market and capturing stocks that have otherwise been overlooked by a majority of investors. A value stock may have a high dividend yield, low price-to-book ratio, low price-to-earnings ratio or a low price-to-sales ratio.
Our Choices
It might be difficult for one to look at each parameter and compare with the peer group for an analysis on whether the stock is attractive from the value perspective. To make the task easy, Zacks has designed the new Style Style Score System .
The attractiveness of a stock as an investment option is confirmed by its Value Style Score of A or B. The Value Style Score condenses all valuation metrics into one actionable score that helps investors steer clear of 'value traps' and identify stocks that are truly trading at a discount. Our research shows that stocks with Style Scores of A or B when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer the best upside potential.
We have narrowed down our search to the following stocks based on a solid Zacks Rank #1 or 2 and Value Style Score of A.
Rush Enterprises, Inc. (NASDAQ: RUSHA ) has emerged as a strong contender with a long-term earnings growth rate of 15% and a Value Score of A. In a year, the stock has surged roughly 81.6% comfortably outperforming the industry 's growth of 7.7%. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
You may consider Aaron's, Inc. (NYSE: AAN ), an omni-channel provider of lease-purchase solutions. The stock sports a Zacks Rank #1 and has a Value Score of B. The company posted an average positive earnings surprise of 14% in the trailing four quarters. In a year, the stock has displayed a fabulous bull run on the index and has risen 67.1%, while the industry advanced 41.7%.
Herbalife Ltd. (NYSE: HLF ), which develops and sells weight management, sports and fitness, as well as nutritional and personal care products, carries a Zacks Rank #2 and also has a Value Score of B. The company has reported positive earnings surprise in the trailing four quarters, with an average beat of 25.1%. Herbalife has a long-term earnings growth rate of 8.3%. In a year, the stock has exhibited a bullish run and surged roughly 15.3%, while the industry declined 10.4%.
Investors can bank on The Gap Inc (NYSE: GPS ), a premier international specialty retailer, which carries a Zacks Rank #2 and also has long-term earnings growth rate of 8%. The company registered an average positive earnings surprise of 9.3% in the trailing four quarters and has a Value Score of A. The company's shares have gained 12.5% in a year, outperforming the industry which has tanked 32.3%.
We also suggest investing in Childrens Place Inc (NASDAQ: PLCE ) with a long-term earnings growth rate of 9% and a Value Score of B. In a year, this Zacks Rank #1 stock has increased 39%, while the industry witnessed a decline of 32.3%. This specialty retailer of children's apparel delivered an average positive earnings surprise of 16.3% in the preceding four quarters.
More Stock News: Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
The post 5 Retail Value Stocks to Buy as Wall Street Walks a Tightrope appeared first on InvestorPlace .
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.
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You may consider Aaron's, Inc. (NYSE: AAN ), an omni-channel provider of lease-purchase solutions. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and flaunts a Zacks Rank #1. Herbalife Ltd. (NYSE: HLF ), which develops and sells weight management, sports and fitness, as well as nutritional and personal care products, carries a Zacks Rank #2 and also has a Value Score of B.
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You may consider Aaron's, Inc. (NYSE: AAN ), an omni-channel provider of lease-purchase solutions. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Instead of losing sleep over the uncertainties plaguing the market at the moment and making desperate attempts at finding a direction, investors should follow the footsteps of Benjamin Graham, the father of value investing. Investors can bank on The Gap Inc (NYSE: GPS ), a premier international specialty retailer, which carries a Zacks Rank #2 and also has long-term earnings growth rate of 8%.
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You may consider Aaron's, Inc. (NYSE: AAN ), an omni-channel provider of lease-purchase solutions. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Instead of losing sleep over the uncertainties plaguing the market at the moment and making desperate attempts at finding a direction, investors should follow the footsteps of Benjamin Graham, the father of value investing. Our research shows that stocks with Style Scores of A or B when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer the best upside potential.
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You may consider Aaron's, Inc. (NYSE: AAN ), an omni-channel provider of lease-purchase solutions. Investor worries were also heightened following the news that fund managers view the U.S. stock market as the most overvalued in the world. The stock sports a Zacks Rank #1 and has a Value Score of B.
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9b8534e6-0dc3-4c0a-ab09-2ce1ff53e05e
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9096.0
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2017-09-13 00:00:00 UTC
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The Zacks Analyst Blog Highlights: Rush Enterprises, Aaron's, Herbalife, Gap and Children's Place
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AAN
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https://www.nasdaq.com/articles/the-zacks-analyst-blog-highlights%3A-rush-enterprises-aarons-herbalife-gap-and-childrens
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nan
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nan
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For Immediate Release
Chicago, IL - September 13, 2017 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Rush Enterprises, Inc. (Nasdaq: RUSHA - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Herbalife Ltd. (NYSE: HLF - Free Report ), The Gap, Inc. (NYSE: GPS - Free Report ) and The Children's Place, Inc. (Nasdaq: PLCE - Free Report ).
Today, Zacks is promoting its ''Buy'' stock recommendations. Get #1Stock of the Day pick for free.
Here are highlights from Tuesday's Analyst Blog:
5 Retail Value Stocks to Buy as Wall Street Walks a Tightrope
Instead of losing sleep over the uncertainties plaguing the market at the moment and making desperate attempts at finding a direction, investors should follow the footsteps of Benjamin Graham, the father of value investing.
"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."- Benjamin Graham.
Investor sentiment is often swayed by breaking news and headlines, keeping the stock market in its thrall. At present, the devastating hurricanes Irma and Harvey along with geopolitical tension between the United States and North Korea are keeping Wall Street at edge. Investor worries were also heightened following the news that fund managers view the U.S. stock market as the most overvalued in the world. Further, analysts believe that due to the severe impact of hurricane Irma and Harvey Federal Reserve may restrain itself from raising interest rate for the rest of this year.
Despite the aforementioned factors, the recent domestic data provided somewhat respite to investors. Per the commerce department, the U.S. economy expanded at a faster rate than initially expected. Further, increase in retail sales, Consumer Confidence and consumer spending supported by a favorable jobs scenario, indicates that the economy might do well in the second half of 2017.
Where to Put Your Money?
Now the most important question that arises is where should investors put their money in present situation? We believe investors can do well by seeking refuge in less risky stocks. We suppose investing in value stocks could actually be a safer bet at this moment, given their inclination for steady growth and momentum in price.
Value investing offers a break for entering the market and capturing stocks that have otherwise been overlooked by a majority of investors. A value stock may have a high dividend yield, low price-to-book ratio, low price-to-earnings ratio or a low price-to-sales ratio.
Our Choices
It might be difficult for one to look at each parameter and compare with the peer group for an analysis on whether the stock is attractive from the value perspective. To make the task easy, Zacks has designed the new Style Style Score System .
The attractiveness of a stock as an investment option is confirmed by its Value Style Score of A or B. The Value Style Score condenses all valuation metrics into one actionable score that helps investors steer clear of 'value traps' and identify stocks that are truly trading at a discount. Our research shows that stocks with Style Scores of A or B when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer the best upside potential.
We have narrowed down our search to the following stocks based on a solid Zacks Rank #1 or 2 and Value Style Score of A.
Rush Enterprises, Inc. (Nasdaq: RUSHA - Free Report ) has emerged as a strong contender with a long-term earnings growth rate of 15% and a Value Score of A. In a year, the stock has surged roughly 81.6% comfortably outperforming the industry 's growth of 7.7%. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
You may consider Aaron's, Inc. (NYSE: AAN - Free Report ), an omni-channel provider of lease-purchase solutions. The stock sports a Zacks Rank #1 and has a Value Score of B. The company posted an average positive earnings surprise of 14% in the trailing four quarters. In a year, the stock has displayed a fabulous bull run on the index and has risen 67.1%, while the industry advanced 41.7%.
Herbalife Ltd. (NYSE: HLF - Free Report ), which develops and sells weight management, sports and fitness, as well as nutritional and personal care products, carries a Zacks Rank #2 and also has a Value Score of B. The company has reported positive earnings surprise in the trailing four quarters, with an average beat of 25.1%. Herbalife has a long-term earnings growth rate of 8.3%. In a year, the stock has exhibited a bullish run and surged roughly 15.3%, while the industry declined 10.4%.
Investors can bank on The Gap, Inc. (NYSE: GPS - Free Report ), a premier international specialty retailer, which carries a Zacks Rank #2 and also has long-term earnings growth rate of 8%. The company registered an average positive earnings surprise of 9.3% in the trailing four quarters and has a Value Score of A. The company's shares have gained 12.5% in a year, outperforming the industry which has tanked 32.3%.
We also suggest investing in The Children's Place, Inc. (Nasdaq: PLCE - Free Report ) with a long-term earnings growth rate of 9% and a Value Score of B. In a year, this Zacks Rank #1 stock has increased 39%, while the industry witnessed a decline of 32.3%. This specialty retailer of children's apparel delivered an average positive earnings surprise of 16.3% in the preceding four quarters.
More Stock News: Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Strong Stocks that Should Be in the News
Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has nearly tripled the market from 1988 through 2015. Its average gain has been a stellar +26% per year. See these high-potential stocks free >>.
Get the full Report on RUSHA - FREE
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Get the full Report on PLCE - FREE
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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.
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
Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Gap, Inc. (The) (GPS): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Herbalife LTD. (HLF): 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.
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 recently featured in the blog include Rush Enterprises, Inc. (Nasdaq: RUSHA - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Herbalife Ltd. (NYSE: HLF - Free Report ), The Gap, Inc. (NYSE: GPS - Free Report ) and The Children's Place, Inc. (Nasdaq: PLCE - Free Report ). You may consider Aaron's, Inc. (NYSE: AAN - Free Report ), an omni-channel provider of lease-purchase solutions. Get the full Report on RUSHA - FREE Get the full Report on AAN - FREE Get the full Report on HLF - FREE Get the full Report on GPS - FREE Get the full Report on PLCE - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
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Stocks recently featured in the blog include Rush Enterprises, Inc. (Nasdaq: RUSHA - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Herbalife Ltd. (NYSE: HLF - Free Report ), The Gap, Inc. (NYSE: GPS - Free Report ) and The Children's Place, Inc. (Nasdaq: PLCE - Free Report ). Get the full Report on RUSHA - FREE Get the full Report on AAN - FREE Get the full Report on HLF - FREE Get the full Report on GPS - FREE Get the full Report on PLCE - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Gap, Inc. (The) (GPS): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here.
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Stocks recently featured in the blog include Rush Enterprises, Inc. (Nasdaq: RUSHA - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Herbalife Ltd. (NYSE: HLF - Free Report ), The Gap, Inc. (NYSE: GPS - Free Report ) and The Children's Place, Inc. (Nasdaq: PLCE - Free Report ). Get the full Report on RUSHA - FREE Get the full Report on AAN - FREE Get the full Report on HLF - FREE Get the full Report on GPS - FREE Get the full Report on PLCE - FREE Follow us on Twitter: https://twitter.com/zacksresearch Join us on Facebook: https://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Gap, Inc. (The) (GPS): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Gap, Inc. (The) (GPS): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Stocks recently featured in the blog include Rush Enterprises, Inc. (Nasdaq: RUSHA - Free Report ), Aaron's, Inc. (NYSE: AAN - Free Report ), Herbalife Ltd. (NYSE: HLF - Free Report ), The Gap, Inc. (NYSE: GPS - Free Report ) and The Children's Place, Inc. (Nasdaq: PLCE - Free Report ). You may consider Aaron's, Inc. (NYSE: AAN - Free Report ), an omni-channel provider of lease-purchase solutions.
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52536b60-eeab-47bb-ab92-99c113833306
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9097.0
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2017-09-13 00:00:00 UTC
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Aaron's, Inc. (AAN) Ex-Dividend Date Scheduled for September 14, 2017
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AAN
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https://www.nasdaq.com/articles/aarons-inc-aan-ex-dividend-date-scheduled-september-14-2017-2017-09-13
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nan
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nan
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Aaron's, Inc. ( AAN ) will begin trading ex-dividend on September 14, 2017. A cash dividend payment of $0.027 per share is scheduled to be paid on October 02, 2017. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 4th quarter that AAN has paid the same dividend. At the current stock price of $42.67, the dividend yield is .25%.
The previous trading day's last sale of AAN was $42.67, representing a -11.51% decrease from the 52 week high of $48.22 and a 90.75% increase over the 52 week low of $22.37.
AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). AAN's current earnings per share, an indicator of a company's profitability, is $1.95. Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as 12.25%, compared to an industry average of 4.4%.
For more information on the declaration, record and payment dates, visit the AAN Dividend History page. Our Dividend Calendar has the full list of stocks that have an ex-dividend today.
Interested in gaining exposure to AAN through an Exchange Traded Fund [ETF]?
The following ETF(s) have AAN as a top-10 holding:
First Trust Small Cap Value AlphaDEX Fund ( FYT )
First Trust Small Cap Core AlphaDEX Fund ( FYX ).
The top-performing ETF of this group is FYX with an increase of 3.06% over the last 100 days. FYT has the highest percent weighting of AAN at 0.56%.
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.
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AAN is a part of the Technology sector, which includes companies such as Paychex, Inc. ( PAYX ) and United Rentals, Inc. ( URI ). Zacks Investment Research reports AAN's forecasted earnings growth in 2017 as 12.25%, compared to an industry average of 4.4%. For more information on the declaration, record and payment dates, visit the AAN Dividend History page.
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The following ETF(s) have AAN as a top-10 holding: First Trust Small Cap Value AlphaDEX Fund ( FYT ) First Trust Small Cap Core AlphaDEX Fund ( FYX ). 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, Inc. ( AAN ) will begin trading ex-dividend on September 14, 2017.
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Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment. For more information on the declaration, record and payment dates, visit the AAN Dividend History page. The following ETF(s) have AAN as a top-10 holding: First Trust Small Cap Value AlphaDEX Fund ( FYT ) First Trust Small Cap Core AlphaDEX Fund ( FYX ).
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AAN's current earnings per share, an indicator of a company's profitability, is $1.95. Aaron's, Inc. ( AAN ) will begin trading ex-dividend on September 14, 2017. Shareholders who purchased AAN prior to the ex-dividend date are eligible for the cash dividend payment.
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ecfded76-27a0-4c70-9743-f9bd5e830e18
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9098.0
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2017-09-12 00:00:00 UTC
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Ex-Dividend Reminder: Aaron's, Service Corp. International and CalAtlantic Group
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AAN
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https://www.nasdaq.com/articles/ex-dividend-reminder-aarons-service-corp-international-and-calatlantic-group-2017-09-12
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nan
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nan
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Looking at the universe of stocks we cover at Dividend Channel , on 9/14/17, Aaron's Inc (Symbol: AAN), Service Corp. International (Symbol: SCI), and CalAtlantic Group Inc (Symbol: CAA) will all trade ex-dividend for their respective upcoming dividends. Aaron's Inc will pay its quarterly dividend of $0.0275 on 10/2/17, Service Corp. International will pay its quarterly dividend of $0.15 on 9/29/17, and CalAtlantic Group Inc will pay its quarterly dividend of $0.04 on 9/30/17. As a percentage of AAN's recent stock price of $42.00, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 9/14/17. Similarly, investors should look for SCI to open 0.43% lower in price and for CAA to open 0.11% lower, all else being equal.
Below are dividend history charts for AAN, SCI, and CAA, showing historical dividends prior to the most recent ones declared.
Aaron's Inc (Symbol: AAN) :
Service Corp. International (Symbol: SCI) :
CalAtlantic Group Inc (Symbol: CAA) :
In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 0.26% for Aaron's Inc, 1.71% for Service Corp. International, and 0.45% for CalAtlantic Group Inc.
In Tuesday trading, Aaron's Inc shares are currently trading flat, Service Corp. International shares are up about 0.2%, and CalAtlantic Group Inc shares are up about 0.6% on the day.
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »
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.
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As a percentage of AAN's recent stock price of $42.00, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 9/14/17. Looking at the universe of stocks we cover at Dividend Channel , on 9/14/17, Aaron's Inc (Symbol: AAN), Service Corp. International (Symbol: SCI), and CalAtlantic Group Inc (Symbol: CAA) will all trade ex-dividend for their respective upcoming dividends. Below are dividend history charts for AAN, SCI, and CAA, showing historical dividends prior to the most recent ones declared.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/14/17, Aaron's Inc (Symbol: AAN), Service Corp. International (Symbol: SCI), and CalAtlantic Group Inc (Symbol: CAA) will all trade ex-dividend for their respective upcoming dividends. Aaron's Inc (Symbol: AAN) : Service Corp. International (Symbol: SCI) : CalAtlantic Group Inc (Symbol: CAA) : In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of AAN's recent stock price of $42.00, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 9/14/17.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/14/17, Aaron's Inc (Symbol: AAN), Service Corp. International (Symbol: SCI), and CalAtlantic Group Inc (Symbol: CAA) will all trade ex-dividend for their respective upcoming dividends. Aaron's Inc (Symbol: AAN) : Service Corp. International (Symbol: SCI) : CalAtlantic Group Inc (Symbol: CAA) : In general, dividends are not always predictable, following the ups and downs of company profits over time. As a percentage of AAN's recent stock price of $42.00, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 9/14/17.
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Looking at the universe of stocks we cover at Dividend Channel , on 9/14/17, Aaron's Inc (Symbol: AAN), Service Corp. International (Symbol: SCI), and CalAtlantic Group Inc (Symbol: CAA) will all trade ex-dividend for their respective upcoming dividends. As a percentage of AAN's recent stock price of $42.00, this dividend works out to approximately 0.07%, so look for shares of Aaron's Inc to trade 0.07% lower - all else being equal - when AAN shares open for trading on 9/14/17. Below are dividend history charts for AAN, SCI, and CAA, showing historical dividends prior to the most recent ones declared.
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42348f82-c42c-4d51-bd5d-b762bd0a057d
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9099.0
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2017-09-12 00:00:00 UTC
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5 Retail Value Stocks to Buy as Wall Street Walks a Tightrope
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AAN
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https://www.nasdaq.com/articles/5-retail-value-stocks-to-buy-as-wall-street-walks-a-tightrope-2017-09-12
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nan
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nan
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Instead of losing sleep over the uncertainties plaguing the market at the moment and making desperate attempts at finding a direction, investors should follow the footsteps of Benjamin Graham, the father of value investing.
"An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative."- Benjamin Graham.
Investor sentiment is often swayed by breaking news and headlines, keeping the stock market in its thrall. At present, the devastating hurricanes Irma and Harvey along with geopolitical tension between the United States and North Korea are keeping Wall Street at edge. Investor worries were also heightened following the news that fund managers view the U.S. stock market as the most overvalued in the world. Further, analysts believe that due to the severe impact of hurricane Irma and Harvey Federal Reserve may restrain itself from raising interest rate for the rest of this year.
Despite the aforementioned factors, the recent domestic data provided somewhat respite to investors. Per the commerce department, the U.S. economy expanded at a faster rate than initially expected. Further, increase in retail sales, Consumer Confidence and consumer spending supported by a favorable jobs scenario, indicates that the economy might do well in the second half of 2017.
Where to Put Your Money?
Now the most important question that arises is where should investors put their money in present situation? We believe investors can do well by seeking refuge in less risky stocks. We suppose investing in value stocks could actually be a safer bet at this moment, given their inclination for steady growth and momentum in price.
Value investing offers a break for entering the market and capturing stocks that have otherwise been overlooked by a majority of investors. A value stock may have a high dividend yield, low price-to-book ratio, low price-to-earnings ratio or a low price-to-sales ratio.
Our Choices
It might be difficult for one to look at each parameter and compare with the peer group for an analysis on whether the stock is attractive from the value perspective. To make the task easy, Zacks has designed the new Style Style Score System .
The attractiveness of a stock as an investment option is confirmed by its Value Style Score of A or B. The Value Style Score condenses all valuation metrics into one actionable score that helps investors steer clear of 'value traps' and identify stocks that are truly trading at a discount. Our research shows that stocks with Style Scores of A or B when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer the best upside potential.
We have narrowed down our search to the following stocks based on a solid Zacks Rank #1 or 2 and Value Style Score of A.
Rush Enterprises, Inc.RUSHA has emerged as a strong contender with a long-term earnings growth rate of 15% and a Value Score of A. In a year, the stock has surged roughly 81.6% comfortably outperforming the industry 's growth of 7.7%. This integrated retailer of commercial vehicles and related services delivered an average positive earnings surprise of 27% in the trailing four quarters and flaunts a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here .
You may consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. The stock sports a Zacks Rank #1 and has a Value Score of B. The company posted an average positive earnings surprise of 14% in the trailing four quarters. In a year, the stock has displayed a fabulous bull run on the index and has risen 67.1%, while the industry advanced 41.7%.
Herbalife Ltd.HLF , which develops and sells weight management, sports and fitness, as well as nutritional and personal care products, carries a Zacks Rank #2 and also has a Value Score of B. The company has reported positive earnings surprise in the trailing four quarters, with an average beat of 25.1%. Herbalife has a long-term earnings growth rate of 8.3%. In a year, the stock has exhibited a bullish run and surged roughly 15.3%, while the industry declined 10.4%.
Investors can bank on The Gap, Inc.GPS , a premier international specialty retailer, which carries a Zacks Rank #2 and also has long-term earnings growth rate of 8%. The company registered an average positive earnings surprise of 9.3% in the trailing four quarters and has a Value Score of A. The company's shares have gained 12.5% in a year, outperforming the industry which has tanked 32.3%.
We also suggest investing in The Children's Place, Inc.PLCE with a long-term earnings growth rate of 9% and a Value Score of B. In a year, this Zacks Rank #1 stock has increased 39%, while the industry witnessed a decline of 32.3%. This specialty retailer of children's apparel delivered an average positive earnings surprise of 16.3% in the preceding four quarters.
More Stock News: Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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
Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report
Aaron's, Inc. (AAN): Free Stock Analysis Report
Gap, Inc. (The) (GPS): Free Stock Analysis Report
Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report
Herbalife LTD. (HLF): 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.
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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You may consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Gap, Inc. (The) (GPS): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Instead of losing sleep over the uncertainties plaguing the market at the moment and making desperate attempts at finding a direction, investors should follow the footsteps of Benjamin Graham, the father of value investing.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Gap, Inc. (The) (GPS): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. You may consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. This specialty retailer of children's apparel delivered an average positive earnings surprise of 16.3% in the preceding four quarters.
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Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Gap, Inc. (The) (GPS): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. You may consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Our research shows that stocks with Style Scores of A or B when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer the best upside potential.
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You may consider Aaron's, Inc.AAN , an omni-channel provider of lease-purchase solutions. Click to get this free report Rush Enterprises, Inc. (RUSHA): Free Stock Analysis Report Aaron's, Inc. (AAN): Free Stock Analysis Report Gap, Inc. (The) (GPS): Free Stock Analysis Report Children's Place, Inc. (The) (PLCE): Free Stock Analysis Report Herbalife LTD. (HLF): Free Stock Analysis Report To read this article on Zacks.com click here. Our research shows that stocks with Style Scores of A or B when combined with a Zacks Rank #1 (Strong Buy) or 2 (Buy) offer the best upside potential.
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39117c0b-25e5-4119-a38d-abf9cff4c0f6
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