PROG Holdings Inc (NYSE: PRG) is -32.44% lower on its value in year-to-date trading and has touched a low of $26.58 and a high of $50.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PRG stock was last observed hovering at around $26.90 in the last trading session, with the day’s gains setting it 1.65%.
Currently trading at $28.55, the stock is -16.75% and -27.05% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.91 million and changing 6.13% at the moment leaves the stock -31.72% off its SMA200. PRG registered -10.30% loss for a year compared to 6-month loss of -37.83%.
The stock witnessed a -33.60% gain in the last 1 month and extending the period to 3 months gives it a -41.02%, and is 2.29% 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 4.91% over the week and 4.70% over the month.
PROG Holdings Inc (PRG) has around 1403 employees, a market worth around $1.17B and $2.46B in sales. Current P/E ratio is 6.27 and Fwd P/E is 7.23. Profit margin for the company is 8.01%. Distance from 52-week low is 7.41% and -43.22% from its 52-week high. The company has generated returns on investments over the last 12 months (15.11%).
with sales reaching $678.23M over the same period.The EPS is expected to shrink by -1.68% this year, but quarterly earnings will post 3.46% year-over-year. Quarterly sales are estimated to grow 5.66% in year-over-year returns.
The shares outstanding are 40.82M, and float is at 39.48M with Short Float at 6.16%.
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 5.5879 and valued at over $83.24 million, while DIMENSIONAL FUND ADVISORS LP holds 4.1158 of the shares totaling 1.77 million with a market value of $61.31 million.
PROG Holdings Inc (PRG) Insider Activity
The most recent transaction is an insider purchase by Sheu Caroline Sio-Chin, the company’s Director. SEC filings show that Sheu Caroline Sio-Chin bought 1,650 shares of the company’s common stock on Feb 26 ’25 at a price of $28.01 per share for a total of $46216.0. Following the purchase, the insider now owns 18291.0 shares.
PROG Holdings Inc disclosed in a document filed with the SEC on Feb 21 ’25 that CURLING DOUGLAS C (Director) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Feb 21 ’25 and was made at $29.88 per share for $0.3 million. Following the transaction, the insider now directly holds 45913.0 shares of the PRG stock.
Still, SEC filings show that on Nov 12 ’24, Sewell George M (Principal Acct Off, VP Fin Rep) disposed off 3,500 shares at an average price of $48.88 for $0.17 million. The insider now directly holds 12,639 shares of PROG Holdings Inc (PRG).
