Currently, there are 41.54M common shares owned by the public and among those 40.49M shares have been available to trade.
The company’s stock has a 5-day price change of 7.43% and -12.91% over the past three months. PRG shares are trading 2.01% year to date (YTD), with the 12-month market performance up to 48.09% higher. It has a 12-month low price of $27.84 and touched a high of $50.28 over the same period. PRG has an average intraday trading volume of 370.10K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.46%, -4.71%, and 4.63% respectively.
Institutional ownership of PROG Holdings Inc (NYSE: PRG) shares accounts for 97.30% of the company’s 41.54M shares outstanding.
It has a market capitalization of $1.79B and a beta (3y monthly) value of 2.18. The stock’s trailing 12-month PE ratio is 11.90, while the earnings-per-share (ttm) stands at $3.62. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.29% over the week and 3.11% over the month.
Analysts forecast that PROG Holdings Inc (PRG) will achieve an EPS of 0.77 for the current quarter, 0.99 for the next quarter and 3.88 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.74 while analysts give the company a high EPS estimate of 0.74. Comparatively, EPS for the current quarter was 0.72 a year ago. Earnings per share for the fiscal year are expected to decrease by -8.15%, and 15.07% over the next financial year.
Looking at the support for the PRG, a number of firms have released research notes about the stock. Stephens stated their Overweight rating for the stock in a research note on November 13, 2024, with the firm’s price target at $60. Raymond James coverage for the PROG Holdings Inc (PRG) stock in a research note released on October 24, 2024 offered a Outperform rating with a price target of $48. BTIG Research was of a view on June 07, 2024 that the stock is Neutral, while TD Cowen gave the stock Outperform rating on March 08, 2024, issuing a price target of $37. Stephens on their part issued Overweight rating on January 02, 2024.
