PROG Holdings Inc (NYSE: PRG) is 46.94% higher on its value in year-to-date trading and has touched a low of $26.39 and a high of $46.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PRG stock was last observed hovering at around $46.07 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $45.42, the stock is 5.92% and 19.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing -1.41% at the moment leaves the stock 36.08% off its SMA200. PRG registered 31.84% gain for a year compared to 6-month gain of 58.76%.
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The stock witnessed a 7.50% loss in the last 1 month and extending the period to 3 months gives it a 25.16%, and is 4.92% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.54% over the week and 2.99% over the month.
PROG Holdings Inc (PRG) has around 1420 employees, a market worth around $1.92B and $2.39B in sales. Current P/E ratio is 18.64 and Fwd P/E is 11.82. Profit margin for the company is 4.57%. Distance from 52-week low is 72.11% and -2.32% from its 52-week high. The company has generated returns on investments over the last 12 months (9.20%).
The EPS is expected to shrink by -7.95% this year
359.0 institutions hold shares in PROG Holdings Inc (PRG), with institutional investors hold 102.30% of the company’s shares. The shares outstanding are 43.67M, and float is at 41.58M with Short Float at 5.44%. Institutions hold 100.55% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.52 million shares valued at $260.67 million. The investor’s holdings represent 17.2021 of the PRG Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.94 million shares valued at $171.37 million to account for 11.3091 of the shares outstanding. The other top investors are FMR LLC which holds 2.4 million shares representing 5.4933 and valued at over $83.24 million, while DIMENSIONAL FUND ADVISORS LP holds 4.0461 of the shares totaling 1.77 million with a market value of $61.31 million.
