Stifel Nicolaus analyst John Baugh maintained a Buy rating on Aaron's (NYSE:AAN) Inc. on Wednesday, setting a price target of $70, which is approximately 42.05% above the present share price of $49.28.
Baugh expects Aaron's Inc. to post earnings per share (EPS) of -$4.19 for the second quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Strong Buy rating of shares in Aaron's, with an average price target of $54.57.
The analysts price targets range from a high of $63 to a low of $45.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.1 billion and a net profit of $143 million. The company's market cap is $3.28 billion.
According to TipRanks.com, Stifel Nicolaus analyst John Baugh is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.8% and a 61.23% success rate.
Aaron's, Inc. retails consumer electronics, computers, residential furniture, household appliances, and accessories. It engages in the lease ownership, lease and retail sale of products such as widescreen and liquid crystal display televisions, computers, living room, dining room and bedroom furniture, washers, dryers, and refrigerators. The company operates through the following business segments: Progressive (NYSE:PGR) Leasing, Aaron's Business and Vive. The Progressive Leasing segment provides lease-purchase solutions on a variety of products, including furniture and appliance, jewelry, mobile phones and accessories, mattress, and automobile electronics and accessories. The Aaron's Business segment offers furniture, home appliances, consumer electronics and accessories to consumers with a lease-to-own agreement. The Vive segment offers a variety of second-look financing programs originated through third-party federally insured banks to customers of participating merchants and, together with Progressive Leasing, allows the Company to provide retail partners. The company was founded by R. Charles Loudermilk, Sr. in 1955 and is headquartered in Atlanta, GA.