AAN - Aaron's, Inc.
| Previous Close | 45.45 |
| Open | 45.11 |
| Bid | 43.29 x 900 |
| Ask | 43.30 x 800 |
| Day's Range | 43.14 - 45.36 |
| 52 Week Range | 43.14 - 78.65 |
| Volume | 1,932,259 |
| Avg. Volume | 781,032 |
| Market Cap | 2.91B |
| Beta (5Y Monthly) | 0.46 |
| PE Ratio (TTM) | 94.20 |
| EPS (TTM) | 0.46 |
| Earnings Date | Apr 22, 2020 - Apr 26, 2020 |
| Forward Dividend & Yield | 0.16 (0.35%) |
| Ex-Dividend Date | Dec 17, 2019 |
| 1y Target Est | 78.70 |
- PR Newswire
Aaron's Announces Agreement with FTC Regarding Future Contingent Purchase and Sale Agreements
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced that the Federal Trade Commission (the "FTC") has approved for public comment a proposed consent agreement regarding future contingent purchases and sales of customer lease agreements with other rent-to-own companies. As previously disclosed, the Company reached agreement with FTC staff on the terms of the proposed settlement in August 2019.
- Zacks
Aaron's (AAN) Out of Investor Favor Despite Q4 Earnings Beat
Aaron's (AAN) top and bottom lines rise y/y in fourth-quarter 2019. However, management provides a lower outlook for 2020.
- PR Newswire
Aaron's, Inc. Reports Fourth Quarter Revenue and Earnings
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, today announced financial results for the three months ended December 31, 2019.
- PR Newswire
Turtle Creek Assets Sues Aaron's, Alleging Company Knew Customer Data Was Bad
Turtle Creek Assets has sued Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, alleging Aaron's sold it bad borrower default data that has had a negative impact on the company and a collateral effect on thousands of consumers.
- Zacks
Aaron's (AAN) to Report Q4 Earnings: What's in the Offing?
Solid progressive segment and robust active door count are likely to have driven Aaron's (AAN) Q4 performance. However, weak same-store sales view is concerning.
- GlobeNewswire
CloudGenix and Aaron’s Blaze Trail for Modern Retail Infrastructure
CloudGenix, the global leader in enterprise SD-WAN, today announced its partnership with Aaron's, Inc. (AAN), a leading omnichannel provider of lease-purchase solutions, and its divisions Aaron's and Progressive Leasing, as the retail company continues its digital transformation. With $3.9BN in LTM revenues and nearly two million customers, Aaron’s serves a large market through multiple channels and products.
- PR Newswire
Aaron's, Inc. Announces Fourth Quarter 2019 Earnings Call and Webcast
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, will host a conference call and webcast on Thursday, February 20, 2020, at 8:30 a.m. Eastern Time to discuss its fourth quarter 2019 financial results scheduled for release before the market opens on that day. President and Chief Executive Officer, John W. Robinson III, and Chief Financial Officer and President, Strategic Operations, Steven A. Michaels, will host the call.
- Kiplinger
15 Mid-Cap Stocks to Buy for Mighty Returns
Mid-cap stocks aren't exactly spotlight hogs.Many investors buy into large companies because they tends to be more stable, plus information and media coverage are more readily available. Investors also know to buy small-cap stocks if they want to make aggressive growth investments to boost their long-term returns. But mid-caps - typically, stocks between $2 billion and $10 billion in market value - tend to get lost in the mix.That's unfortunate, because over the long haul, they tend to outperform their larger and smaller brethren.Between 2015 and 2019, the S&P; 500 outperformed both the S&P; MidCap 400 and the S&P; SmallCap 600 on a total-return basis (price plus dividends). In the 10 years from 2010 and 2019, small caps flipped the script, outperforming the large- and mid-cap indices. But across the entire span, from 2005 to 2019, the MidCap 400 delivered a total return of 293% - 14 percentage points higher than the SmallCap 600, and 33 percentage points better than the S&P; 500\. Experts point out that outperformance looks even better once you adjust for risk."Large-cap stocks offer the stability that comes with mature multinational businesses with diverse revenue sources," Matthew Bartolini, head of SPDR Americas Research, writes in a 2019 note to clients. "Small-cap stocks are unproven, but they offer potential for further expansion and market penetration. And midcaps offer a unique combination of the managerial maturity associated with large caps and the operational dexterity of small caps."With this in mind, here are 15 of the best mid-cap stocks to buy to give you upside growth potential in stronger economies, along with some downside protection when the market environment looks weaker. SEE ALSO: The 20 Best Stocks to Buy for 2020
- Zacks
Aaron's (AAN) to Report Q4 Results: Wall Street Expects Earnings Growth
Aaron's (AAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Zacks
The Truth About Market Timing - January 27, 2020
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
- Simply Wall St.
How Should Investors Feel About Aaron's, Inc.'s (NYSE:AAN) CEO Pay?
John Robinson became the CEO of Aaron's, Inc. (NYSE:AAN) in 2014. This analysis aims first to contrast CEO...
- TipRanks
These 3 “Strong Buy” Stocks Could Be Due for a Big Year, Says Stephens
Investors typically have a single New Year’s resolution in mind: to make more money. While the goal is decidedly easy, attaining it is a lot more difficult.So, what’s the best way to build a return-producing portfolio? There are different strategies, for sure, but one way is to follow the guidance of the experts.Every January for the last 15 years, investment firm Stephens starts the year with a Best Ideas list. The firm’s analysts choose stocks in each sector with the best fundamental investment characteristics, ones which they believe are poised to outperform the market in the following 12 months.Looking into Stephens' "top picks" list for 2020, we’ve chosen three stocks that TipRanks, a company that tracks and measures the performance of analysts, reveals as "strong buys" and offer healthy upside potential.Aaron's Inc. (AAN)Let’s start with a look at Stephens’ specialty finance pick, rent-to-own retailer Aaron’s.Aaron’s lets you lease household goods and furniture through monthly payments, following which, the buyer gets to own the leased goods. The model lets the underserved and credit challenged customers buy goods they otherwise couldn’t afford.While its legacy brick and mortar stores have been the company’s main revenue driver in the past, Aaron’s Progressive Leasing arm, which provides lease-to-own financing to traditional retailers, has become a key revenue driver since Aaron’s bought Progressive in 2014.Outlining increasing competition and the decline of Aaron's store-based revenues as possible risks, Stephens’ analyst Vincent Caintic is “okay with this decline, so long as the decline does not accelerate and Progressive maintains its growth trajectory.” Caintic added, “In contrast with slowing consumer demand for financing (as we’ve seen with credit cards and auto lending), virtual rent-to-own should do well in 2020, primarily because the industry is still in its nascent growth stage. Customers who have not had point-of-sale financing opportunities in the past will now increasingly have the option due to the Aaron’s offering.”Caintic reiterated an Overweight rating on Aaron’s stock alongside a price target of $80, indicating upside potential of 40%. (To watch Caintic’s track record, click here)All in all, Wall Street’s confidence on the rental stock speaks for itself; AAN has received a whopping 6 "buy" ratings in the last three months. Meanwhile, the $84.33 consensus price target suggests a potential upside of 46% from the current share price. (See Aaron’s stock analysis on TipRanks)Staar Surgical Company (STAA)Stephens’ best idea for the medical device and hospital supply sector is implantable lenses developer, Staar Surgical.The first quarter of 2020 should see Staar begin an FDA clinical trial for the company’s Visian EVO family of lenses. The implantable collamer lenses are designed to treat myopia and myopia with astigmatism. Staar is also poised to receive a CE Mark for its EDOF lens for the treatment of emerging presbyopia, which should prove a further catalyst for expanding the company’s addressable market.Stephens’ Chris Cooley thinks Staar is "poised to continue to realize accelerating organic revenue growth coupled with margin expansion and GAAP profitability.”According to Cooley, Staar’s revenue growth will be driven by the “high-margined Visian EVO offering.” The 5-star analyst expects gross margin to increase from 75% in CY19E to over 80% by CYE22. This will result in cash and cash equivalents increasing from $5 million to more than $25 million by CYE22.Cooley added, “STAA's uniquely positioned device portfolio possesses significant strategic value within a sector whose larger cap bellwethers are increasingly searching for opportunities to drive not only accelerating growth but also long-term margin expansion.”Accordingly, the 5-star analyst reiterated an Overweight rating on Staar shares, with a price target of $56, which implies over 60% upside from current levels. (To watch Cooley’s track record, click here)The Street is on the same page as Cooley. A Strong Buy consensus rating is formed from a unanimous 5 "buy" ratings. With an average price target of $49, the analysts believe the lenses developer can add 43% to its share price in the coming months. (See Staar stock analysis on TipRanks)CarMax Inc (KMX)Revving up, we move onto the largest used car retailer in the US, CarMax. The Richmond, Virginia based company had an excellent 2019 and according to Stephens’ Rick Nelson, the bullish trend is set to continue in 2020.What excites Nelson the most about KMX’s potential is its increasing focus on an omni-channel experience. “A sophisticated website platform featuring vast inventory selection, detailed vehicle specs, professional and consistent pictures, online financing options and transactional capabilities shifts sales dependency away from associates and towards leverage-able technology investments,” Nelson said. 50% of the platform’s roll-out is expected to be completed by February. SSS (same store sales) in Atlanta, the company’s most advanced omni-channel market, have increased at a double-digit rate since the launch.The affordability of used cars is set to be a further catalyst for growth, too. As the spread in pricing between new and used vehicles increases, KMX is poised to take advantage; 78% of KMX’s inventory consists of nearly new cars, which provide most of the new technology features without the new vehicle price tag.Nelson concluded, “We believe KMX's ongoing roll out of omni-channel capabilities is a game changer, allowing the Company to capitalize on its trusted brand, close proximity to customers, vast inventory selection and logistical expertise… We expect KMX to be the primary beneficiary of shifting consumer purchasing preferences that favor an omni-channel experience.”Therefore, the 4-star analyst left his Overweight rating and $115 price target as is, suggesting upside potential of 32%. (To watch Nelson’s track record, click here)Overall, this 'Strong Buy' stock is no Wall Street secret. After all, in just three months, the stock has attracted 7 "buy" ratings versus 2 "holds." With a return potential of 23%, the stock's consensus price target stands at $106.88. In other words, optimism backs this used-car retailing story. (See CarMax stock analysis on TipRanks)
- American City Business Journals
Update: Charlie Loudermilk to be honored with Visionary Award at Best in Atlanta Real Estate Awards
Loudermilk founded national rent-to-own company Aaron’s Inc. in Atlanta in 1955. He also invested in and developed real estate and both founded and contributed to civic groups, charities and educational institutions in Atlanta and the Southeast.
- Zacks
When Does Market Timing Actually Work? - December 31, 2019
Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- Zacks
Aaron's Down More Than 8% in 3 Months: Can the Stock Revive?
Aaron's (AAN) transformation plan and solid progressive segment are likely to help revive performance in the near term despite a dismal fiscal view.
- PR Newswire
Aaron's Teams With Former NFL Stars To Provide "Homes For The Holidays"
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, and its divisions Aaron's and Progressive Leasing, joined forces this fall with former NFL greats Kurt Warner and Warrick Dunn to provide furnishings for seven "Homes for the Holidays" surprise presentations, representing a $70,000 commitment to help first-time homeowners.
- PR Newswire
Aaron's Caps 2019 With Milestone 40th Boys & Girls Club Makeover
Aaron's, Inc. (NYSE: AAN), a leading omnichannel provider of lease-purchase solutions, and its divisions Aaron's and Progressive Leasing, concluded a busy fall by completing makeovers at three Boys & Girls Clubs teen centers around the country, including the company's 40th teen center refresh since it began partnering with Boys & Girls Clubs of America in 2015.
- Simply Wall St.
Is Aaron's, Inc.'s (NYSE:AAN) High P/E Ratio A Problem For Investors?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). To keep it practical, we'll...
- Insider Monkey
Is Aaron’s, Inc. (AAN) Going to Burn These Hedge Funds?
Before we spend days researching a stock idea we like to take a look at how hedge funds and billionaire investors recently traded that stock. Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018. This means hedge funds […]
- Zacks
The Keys to Successfully Timing the Markets - December 05, 2019
Have you ever dreamed of being that one in a million investor who has the talent to perfectly time the markets?
- Zacks
Why Is Aaron's (AAN) Down 13.6% Since Last Earnings Report?
Aaron's (AAN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
Aaron's Down 10% in 3 Months: Is a Turnaround on the Cards?
Aaron's (AAN) soft performance at the Aaron's Business segment is concerning. However, its Progressive segment is performing well, which is encouraging.
- Simply Wall St.
Here's Why Aaron's (NYSE:AAN) Can Manage Its Debt Responsibly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
- Zacks
Timing the Market, Is it Possible? - November 08, 2019
In the long-run, does consistent market timing really matter to be a successful investor?
- Thomson Reuters StreetEvents
Edited Transcript of AAN earnings conference call or presentation 4-Nov-19 10:00pm GMT
Q3 2019 Aaron's Inc Earnings Call
