Aaron’s Inc. (NYSE:AAN) went down by -2.10% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Rental & Leasing Services giant went up by $43.38 to trade ended Thursday trading at $44.31. This is down from the $44.31 price recorded on Wednesday’s trading session. Its performance from the start of the year has also been negative, with AAN down by -24.04% year-to-date.
Aaron’s Inc. (AAN) started the day trading at $44.02 and recorded an intraday high of $45.09. It also recorded an intraday low of $43.06 during Thursday’s trading session. Aaron’s Inc. is a very active stock that recorded a trading volume that is less than -75.24% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 639126, which is less than -75.24 of the total average daily trading volume of 1.12 million.
Aaron’s Inc. (NYSE:AAN) 2020 Performance Impressive
The increase in AAN’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AAN currently stands at $78.65, which is higher than the current trading price of the stock by 44.84%. However, AAN’s current trading price is -233.44% lower than the 52-week low price of $13.01. In terms of trading volume, Aaron’s Inc. currently experienced healthy participation during the last trading session. 639126 shares of Aaron’s Inc. were traded on the stock exchange on Thursday, which is less than -75.24% of the 1.12 million average trading volume of the stock.
The performance of the stock has been positive over the past year. AAN’s performance over the past one year has seen it plunge by -29.20%, while the stock has gone down by -27.86% in the last six months. The quarterly performance of AAN currently stands at 137.83%, and it is up by 34.43% in the last month. The only positive figure was from the weekly performance, which currently reads 3.33%. At the time of writing AAN’s report, the company has a total market cap of $2.83B, making it one of the largest publicly-traded companies in the world.Aaron’s Inc. also has over 12100 employees all over the world.
AAN Insider Activities
The insider transactions over the past six months are up by 24.90%.For Aaron’s Inc. insiders bought 177,564 shares in 14 transactions. In that same period, insiders sold 87,456 of their shares in 12 transactions. After these transactions, insiders at Aaron’s Inc. now hold 890.23k shares, which is over 104.26% of the total company stocks. Institutional investors currently hold a large chunk of the AAN shares, as they control 1.33% of the company’s total stock.
AAN Fundamental Analysis
For Aaron’s Inc., the stock’s diluted earnings per share (EPS) stands at -5.10. In the coming year, analysts expect the EPS to be 3.96. The stock’s EPS growth this year is -83.50%, with analysts expecting almost a 2 growth in the earnings per share next week. In terms of revenue, Aaron’s Inc.’s quarterly sales (YOY) is growing at 0.75, which is higher than the average annual revenue of -15.70% over the past half a decade.
The Return on Investment (ROI) on Aaron’s Inc.’s stock currently stands at 2.10%, and it has a net profit margin of -7.50%. The operating margin of the company is -9.30%, and its gross margin is 96.80%.
AAN Analysts Prediction
KeyBanc Capital Markets reiterate their Overweight position on the stock ($72 and $75)
Stifel and Jefferies also believe that Aaron’s Inc.’s stock is outperforming at the moment.
At the moment, Aaron’s Inc.’s Total Debt to Equity ratio stands at 0.45, and they have a long-term Debt to Equity ratio of 0.45.
AAN Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AAN currently stands at 6.24%, while the SMA50 is 30.25%. The biggest one is the SMA200, which is currently reading -11.91% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 59.66.