Aarons Inc (NYSE:AAN) Stock Price While Sentiment Dive

May 16, 2018 - By Lola Flanagan

Aaron's, Inc. (NYSE:AAN) Logo

Sentiment for Aarons Inc (NYSE:AAN)

Aarons Inc (NYSE:AAN) institutional sentiment decreased to 0.88 in Q4 2017. Its down -0.09, from 0.97 in 2017Q3. The ratio has dropped, as 110 active investment managers opened new and increased stock positions, while 125 reduced and sold positions in Aarons Inc. The active investment managers in our partner’s database now own: 70.25 million shares, down from 71.01 million shares in 2017Q3. Also, the number of active investment managers holding Aarons Inc in their top 10 stock positions decreased from 2 to 0 for a decrease of 2. Sold All: 36 Reduced: 89 Increased: 67 New Position: 43.

AaronÂ’s, Inc. operates an omnichannel well-known provider of lease-purchase solutions. The company has market cap of $2.85 billion. It operates through five divisions: Sales and Lease Ownership, Progressive, DAMI, Franchise, and Manufacturing. It has a 9.97 P/E ratio. The firm engages in the sale, lease ownership, and specialty retailing of furniture, consumer electronics, home appliances, and accessories.

The stock decreased 0.11% or $0.045 during the last trading session, reaching $40.485. About 394,061 shares traded. Aaron's, Inc. (NYSE:AAN) has risen 57.60% since May 16, 2017 and is uptrending. It has outperformed by 46.05% the S&P500.

Analysts await Aaron's, Inc. (NYSE:AAN) to report earnings on July, 27. They expect $0.78 EPS, up 14.71 % or $0.10 from last year’s $0.68 per share. AAN’s profit will be $54.87 million for 12.98 P/E if the $0.78 EPS becomes a reality. After $0.81 actual EPS reported by Aaron's, Inc. for the previous quarter, Wall Street now forecasts -3.70 % negative EPS growth.

Skyline Asset Management Lp holds 1.94% of its portfolio in Aaron's, Inc. for 608,200 shares. North Point Portfolio Managers Corp Oh owns 245,130 shares or 1.65% of their US portfolio. Moreover, Portolan Capital Management Llc has 1.27% invested in the company for 290,340 shares. The Texas-based Stephens Investment Management Group Llc has invested 0.98% in the stock. Lapides Asset Management Llc, a Connecticut-based fund reported 101,300 shares.

Since January 1, 0001, it had 0 insider purchases, and 9 insider sales for $4.50 million activity.

Aaron's, Inc. (NYSE:AAN) Ratings Coverage

Ratings analysis reveals 89% of Aaron’s Inc’s analysts are positive. Out of 9 Wall Street analysts rating Aaron’s Inc, 8 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $45.0 while the high is $61.0. The stock’s average target of $53.21 is 31.43% above today’s ($40.485) share price. AAN was included in 9 notes of analysts from November 29, 2017. Raymond James maintained the stock with “Buy” rating in Tuesday, February 20 report. On Tuesday, January 2 the stock rating was maintained by Stephens with “Buy”. Loop Capital downgraded the shares of AAN in report on Wednesday, January 24 to “Hold” rating. The rating was upgraded by Loop Capital Markets to “Buy” on Monday, April 30. The stock of Aaron's, Inc. (NYSE:AAN) earned “Buy” rating by Northcoast on Friday, December 1. The stock has “Buy” rating by SunTrust on Friday, February 16. On Thursday, February 15 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The stock has “Buy” rating by Sidoti on Wednesday, November 29. On Wednesday, April 11 the stock rating was maintained by Jefferies with “Buy”.

More recent Aaron's, Inc. (NYSE:AAN) news were published by: Seekingalpha.com which released: “Aaron’s (AAN) Q1 2018 Results – Earnings Call Transcript” on April 26, 2018. Also Globenewswire.com published the news titled: “Analysis: Positioning to Benefit within Cirrus Logic, Aaron’s, Waste Connections, Shake Shack, RR Donnelley & Sons …” on May 14, 2018. Prnewswire.com‘s news article titled: “Aaron’s, Inc. Directors Declare Dividend” with publication date: May 14, 2018 was also an interesting one.

Aaron's, Inc. (NYSE:AAN) Institutional Positions Chart

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