PROG Holdings Inc [PRG] stock is trading at $49.65, up 8.67%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The PRG shares have gain 13.05% over the last week, with a monthly amount glided 3.18%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
PROG Holdings Inc [NYSE: PRG] stock has seen the most recent analyst activity on October 24, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $48 for it. On March 08, 2024, TD Cowen initiated with a Outperform rating and assigned a price target of $37 on the stock. Stephens upgraded its rating to a Overweight. Loop Capital downgraded its rating to a Hold but $34 remained the price target by the analyst firm on June 05, 2023. In a note dated June 17, 2022, Raymond James downgraded an Mkt Perform rating on this stock.
PROG Holdings Inc [PRG] stock has fluctuated between $26.39 and $50.28 over the past year. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. PROG Holdings Inc [NYSE: PRG] shares were valued at $49.65 at the most recent close of the market. An investor can expect a potential return of 8.76% based on the average PRG price forecast.
Analyzing the PRG fundamentals
PROG Holdings Inc [NYSE:PRG] reported sales of 2.42B for the trailing twelve months, which represents a growth of 3.99%. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.27 and Total Capital is 0.17. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.94.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 48.41 points at the first support level, and at 47.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.31, and for the 2nd resistance point, it is at 50.96.
Ratios To Look Out For
For context, PROG Holdings Inc’s Current Ratio is 10.14. Also, the Quick Ratio is 4.31, while the Cash Ratio stands at 1.73. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 3.27 and price to earnings (TTM) ratio is 13.70.
