Aaron’s, (AAN) Earns News Impact Rating of 0.08
Media headlines about Aaron’s, (NYSE:AAN) have been trending somewhat positive recently, according to Accern. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Aaron’s, earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.4247736896738 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
- AARON’S 24 HOUR DEADLINE ALERT: Approximately 24 Hours Remain; ClaimsFiler Reminds Investors of Deadline in Class Action Lawsuit against Aaron’s, Inc. – (AAN) (finance.yahoo.com)
- Aaron’s, Inc. (NYSE:AAN) Closed Significantly Above Its 50 Day Average (highlightpress.com)
- SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors With Over $200k in Losses of Class Action Against Aaron’s, Inc. (AAN) & Lead Plaintiff Deadline – August 18, 2017 (finance.yahoo.com)
- AARON’S 72 HOUR DEADLINE ALERT: Approximately 72 Hours Remain; Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors of Deadline in Class Action … (businesswire.com)
- AARON’S INC : Regulation FD Disclosure (form 8-K) (4-traders.com)
Shares of Aaron’s, (NYSE:AAN) opened at 43.43 on Friday. Aaron’s, has a 52-week low of $22.37 and a 52-week high of $48.22. The stock has a market cap of $3.07 billion, a P/E ratio of 22.32 and a beta of 0.17. The firm’s 50 day moving average price is $41.77 and its 200 day moving average price is $34.89.
Aaron’s, (NYSE:AAN) last released its earnings results on Friday, July 28th. The company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.10. Aaron’s, had a net margin of 4.36% and a return on equity of 12.00%. The company had revenue of $815.60 million for the quarter, compared to analysts’ expectations of $786.12 million. During the same quarter in the previous year, the company earned $0.59 EPS. Aaron’s, ‘s revenue for the quarter was up 3.3% on a year-over-year basis. On average, analysts expect that Aaron’s, will post $2.56 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, October 2nd. Investors of record on Friday, September 15th will be paid a dividend of $0.027 per share. This represents a $0.11 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend is Thursday, September 14th. Aaron’s, ‘s dividend payout ratio (DPR) is 5.64%.
Several equities research analysts have issued reports on AAN shares. SunTrust Banks, Inc. restated a “buy” rating on shares of Aaron’s, in a research report on Monday, July 31st. Zacks Investment Research upgraded Aaron’s, from a “sell” rating to a “hold” rating in a research report on Tuesday, April 25th. TheStreet upgraded Aaron’s, from a “c+” rating to a “b-” rating in a research report on Monday, April 24th. Stifel Nicolaus restated a “buy” rating and set a $55.00 target price (up previously from $40.00) on shares of Aaron’s, in a research report on Sunday, July 30th. Finally, Loop Capital restated a “hold” rating and set a $28.00 target price on shares of Aaron’s, in a research report on Sunday, April 23rd. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $42.50.
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In other Aaron’s, news, CEO John W. Robinson sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $46.11, for a total value of $691,650.00. Following the sale, the chief executive officer now owns 348,440 shares in the company, valued at approximately $16,066,568.40. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Steven A. Michaels sold 5,000 shares of the business’s stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $46.26, for a total transaction of $231,300.00. Following the completion of the sale, the chief financial officer now owns 61,095 shares in the company, valued at approximately $2,826,254.70. The disclosure for this sale can be found here. 1.93% of the stock is owned by insiders.
Aaron’s, Inc (Aaron’s) is an omnichannel provider of lease-purchase solutions. The Company engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its Company-operated and franchised stores in Canada, as well as its e-commerce platform, Aarons.com.
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