Is Aaron's, Inc. (AAN)’s Fuel For Real? The Stock Just Increased Again

February 15, 2018 - By Clifton Ray

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.11, from 1.08 in 2017Q2. It fall, as 26 investors sold Aaron's, Inc. shares while 92 reduced holdings. 41 funds opened positions while 73 raised stakes. 71.01 million shares or 0.11% less from 71.08 million shares in 2017Q2 were reported.
Jacobs Levy Equity stated it has 499,577 shares. Next Fincl Group stated it has 30 shares or 0% of all its holdings. Oakbrook Invests Ltd Liability has 4,850 shares for 0.01% of their portfolio. Nordea Management holds 0.01% in Aaron's, Inc. (NYSE:AAN) or 116,500 shares. Geode Cap Ltd Liability Com stated it has 0.01% in Aaron's, Inc. (NYSE:AAN). Teacher Retirement System Of Texas stated it has 0% of its portfolio in Aaron's, Inc. (NYSE:AAN). Commonwealth Equity Ser holds 8,587 shares or 0% of its portfolio. Moreover, Gamco Invsts Et Al has 0.2% invested in Aaron's, Inc. (NYSE:AAN). 12,177 are owned by Qs Limited Co. Pacad Inv Limited reported 0.05% of its portfolio in Aaron's, Inc. (NYSE:AAN). Boothbay Fund Mgmt Ltd Limited Liability Company holds 0.04% or 5,847 shares in its portfolio. Zacks Inv Management, Illinois-based fund reported 29,971 shares. Canada Pension Plan Board owns 30,900 shares for 0% of their portfolio. 11,934 were reported by Lpl Fincl Ltd Liability Corporation. Clearbridge Ltd Liability Company invested in 0.32% or 338,808 shares.

Since August 21, 2017, it had 0 insider purchases, and 4 selling transactions for $1.82 million activity. 30,000 shares valued at $1.30 million were sold by Doman Curtis Linn on Friday, August 25. On Monday, August 28 Woodley Ryan K sold $300,177 worth of Aaron's, Inc. (NYSE:AAN) or 6,776 shares.

The stock of Aaron's, Inc. (NYSE:AAN) is a huge mover today! The stock increased 13.28% or $5.355 during the last trading session, reaching $45.685. About 1.51 million shares traded or 84.07% up from the average. Aaron's, Inc. (NYSE:AAN) has risen 45.42% since February 15, 2017 and is uptrending. It has outperformed by 28.72% the S&P500.
The move comes after 7 months positive chart setup for the $3.23B company. It was reported on Feb, 15 by Barchart.com. We have $49.80 PT which if reached, will make NYSE:AAN worth $290.97 million more.

Analysts await Aaron's, Inc. (NYSE:AAN) to report earnings on February, 16. They expect $0.55 EPS, up 10.00 % or $0.05 from last year’s $0.5 per share. AAN’s profit will be $38.92M for 20.77 P/E if the $0.55 EPS becomes a reality. After $0.43 actual EPS reported by Aaron's, Inc. for the previous quarter, Wall Street now forecasts 27.91 % EPS growth.

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

Among 13 analysts covering Aaron’s Inc (NYSE:AAN), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Aaron’s Inc had 33 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Stephens with “Buy” on Tuesday, January 2. As per Wednesday, November 29, the company rating was upgraded by Sidoti. The firm earned “Buy” rating on Wednesday, November 8 by Loop Capital. The stock has “Buy” rating by Suntrust Robinson on Friday, January 20. The firm earned “Hold” rating on Friday, October 30 by Cantor Fitzgerald. The rating was downgraded by Loop Capital to “Hold” on Wednesday, January 24. On Tuesday, October 10 the stock rating was maintained by Jefferies with “Buy”. Raymond James downgraded the shares of AAN in report on Thursday, January 19 to “Mkt Perform” rating. The stock of Aaron's, Inc. (NYSE:AAN) has “Buy” rating given on Monday, July 31 by Stifel Nicolaus. The company was upgraded on Tuesday, January 19 by Raymond James.

More notable recent Aaron's, Inc. (NYSE:AAN) news were published by: Prnewswire.com which released: “Aaron’s, Inc. Reports Fourth Quarter and Year End 2017 Results” on February 15, 2018, also Prnewswire.com with their article: “Aaron’s, Inc. Announces New $500 Million Share Repurchase Program” published on February 15, 2018, Prnewswire.com published: “Aaron’s And Progressive Leasing Unveil Keystone Makeover For Oklahoma City Teens” on January 26, 2018. More interesting news about Aaron's, Inc. (NYSE:AAN) were released by: Finance.Yahoo.com and their article: “Will Aaron’s (AAN) Return to Earnings Beat Trend in Q4?” published on February 12, 2018 as well as Digitaljournal.com‘s news article titled: “Aaron’s, Inc. to Host Earnings Call” with publication date: February 15, 2018.

AaronÂ’s, Inc. operates an omnichannel well-known provider of lease-purchase solutions. The company has market cap of $3.23 billion. It operates through five divisions: Sales and Lease Ownership, Progressive, DAMI, Franchise, and Manufacturing. It has a 24.08 P/E ratio. The firm engages in the sale, lease ownership, and specialty retailing of furniture, consumer electronics, home appliances, and accessories.

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