Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Aaron’s (AAN) Stock Price

Press coverage about Aaron’s (NYSE:AAN) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Aaron’s earned a daily sentiment score of 0.21 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.2703298049573 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

Shares of Aaron’s (NYSE AAN) traded up $0.27 on Tuesday, hitting $41.40. The stock had a trading volume of 609,300 shares, compared to its average volume of 907,853. Aaron’s has a one year low of $26.12 and a one year high of $48.22. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.74 and a current ratio of 2.35. The company has a market cap of $2,930.00, a price-to-earnings ratio of 21.90 and a beta of 0.22.

Aaron’s (NYSE:AAN) last issued its quarterly earnings results on Friday, October 27th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.54 by ($0.11). Aaron’s had a net margin of 4.15% and a return on equity of 11.41%. The business had revenue of $838.80 million during the quarter, compared to the consensus estimate of $827.20 million. During the same quarter in the previous year, the business posted $0.50 EPS. The company’s revenue for the quarter was up 9.1% on a year-over-year basis. equities analysts expect that Aaron’s will post 2.46 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 2nd. Stockholders of record on Wednesday, December 13th were paid a $0.03 dividend. This is a positive change from Aaron’s’s previous quarterly dividend of $0.03. The ex-dividend date was Tuesday, December 12th. This represents a $0.12 annualized dividend and a dividend yield of 0.29%. Aaron’s’s dividend payout ratio (DPR) is presently 6.35%.

A number of equities analysts have commented on the company. Sidoti upgraded Aaron’s from a “neutral” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Wednesday, November 29th. Off Wall Street assumed coverage on Aaron’s in a research note on Monday, September 18th. They set a “sell” rating on the stock. Zacks Investment Research upgraded Aaron’s from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a research note on Wednesday, January 10th. Janney Montgomery Scott assumed coverage on Aaron’s in a research note on Wednesday, October 18th. They set a “neutral” rating and a $42.00 price objective on the stock. Finally, Jefferies Group restated a “buy” rating and set a $54.00 price objective on shares of Aaron’s in a research note on Tuesday, December 26th. One investment analyst has rated the stock with a sell rating, one has given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $45.27.

In related news, CFO Steven A. Michaels sold 4,000 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $37.15, for a total transaction of $148,600.00. Following the sale, the chief financial officer now owns 56,769 shares in the company, valued at approximately $2,108,968.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John W. Robinson sold 15,000 shares of the business’s stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $36.24, for a total value of $543,600.00. Following the sale, the chief executive officer now owns 337,340 shares in the company, valued at approximately $12,225,201.60. The disclosure for this sale can be found here. In the last quarter, insiders sold 19,003 shares of company stock worth $692,308. Corporate insiders own 1.93% of the company’s stock.

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Aaron’s Company Profile

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.

Insider Buying and Selling by Quarter for Aaron`s (NYSE:AAN)

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