PRG - PROG Holdings, Inc. Stock Price, Fair Value and News

35.67USD+2.90 (+8.85%)Market Closed

Market Summary

USD35.67+2.90

Market Closed

8.85%

PRG Stock Price

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PRG RSI Chart

PRG Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

12.4

Price/Sales (Trailing)

0.58

EV/EBITDA

13.27

Price/Free Cashflow

8.11

PRG Price/Sales (Trailing)

PRG Profitability

EBT Margin

6.69%

Return on Equity

19.27%

Return on Assets

7.72%

Free Cashflow Yield

12.33%

PRG Fundamentals

PRG Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

-2.03%

Rev. Growth (Qtr)

11.17%

PRG Earnings

Earnings (TTM)

112.8M

Earnings Growth (Yr)

-54.27%

Earnings Growth (Qtr)

18.26%

Breaking Down PRG Revenue

Last 7 days

16.3%

Last 30 days

4.8%

Last 90 days

14.3%

Trailing 12 Months

39.3%

How does PRG drawdown profile look like?

PRG Financial Health

Debt/Equity

1.01

Debt/Cashflow

0.31

PRG Investor Care

Dividend Yield

0.42%

Buy Backs (1Y)

8.69%

Diluted EPS (TTM)

2.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.4B	0	0	0
2023	2.5B	2.5B	2.4B	2.4B
2022	2.7B	2.7B	2.6B	2.6B
2021	2.5B	2.6B	2.6B	2.7B
2020	2.3B	2.4B	2.4B	2.5B
2019	2.1B	2.1B	2.1B	2.2B
2018	0	0	0	2.0B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of PROG Holdings, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 07, 2024	sewell george m	sold (taxes)	-17,076	31.39	-544	principal acct off, vp fin rep
Mar 07, 2024	doman curtis linn	sold (taxes)	-136,672	31.39	-4,354	-
Mar 07, 2024	king michael todd	sold (taxes)	-17,013	31.39	-542	chief legal and compliance off
Mar 07, 2024	garner brian	sold (taxes)	-115,860	31.39	-3,691	chief financial officer
Mar 07, 2024	michaels steven a	sold (taxes)	-544,993	31.39	-17,362	president and ceo
Mar 01, 2024	michaels steven a	sold (taxes)	-871,695	31.4	-27,761	president and ceo
Mar 01, 2024	sewell george m	sold (taxes)	-30,646	31.4	-976	principal acct off, vp fin rep
Mar 01, 2024	king michael todd	sold (taxes)	-59,377	31.4	-1,891	chief legal and compliance off
Mar 01, 2024	garner brian	sold (taxes)	-239,739	31.4	-7,635	chief financial officer
Mar 01, 2024	doman curtis linn	sold (taxes)	-109,680	31.4	-3,493	-

Which funds bought or sold PRG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	570	3,892	-%
Apr 23, 2024	AMALGAMATED BANK	reduced	-19.00	-51,000	474,000	-%
Apr 23, 2024	Louisiana State Employees Retirement System	reduced	-1.34	68,740	761,124	0.01%
Apr 23, 2024	FIFTH THIRD BANCORP	added	3.54	940	7,060	-%
Apr 23, 2024	WEDGE CAPITAL MANAGEMENT L L P/NC	reduced	-3.44	295,259	4,184,940	0.07%
Apr 23, 2024	FirstPurpose Wealth LLC	unchanged	-	267,393	5,928,440	2.15%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-5.43	-96,828	711,703	-%
Apr 19, 2024	Red Tortoise LLC	new	-	11,509	11,509	0.01%
Apr 19, 2024	Maryland State Retirement & Pension System	unchanged	-	3,820	506,231	0.01%
Apr 19, 2024	DENALI ADVISORS LLC	unchanged	-	148	1,446	-%

Are Funds Buying or Selling PRG?

Are funds buying PRG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PRG

No. of Funds

Unveiling PROG Holdings, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.61%	5,638,231	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G
Jan 19, 2024	blackrock inc.	17.6%	7,867,732	SC 13G/A
Feb 09, 2023	vanguard group inc	11.54%	5,773,175	SC 13G/A
Jan 23, 2023	blackrock inc.	17.9%	8,953,351	SC 13G/A
Jul 11, 2022	price t rowe associates inc /md/	3.0%	1,629,088	SC 13G/A
May 09, 2022	blackrock inc.	17.5%	9,465,313	SC 13G/A
Apr 11, 2022	price t rowe associates inc /md/	10.3%	5,734,770	SC 13G/A
Mar 09, 2022	vanguard group inc	10.33%	5,697,659	SC 13G/A
Feb 14, 2022	price t rowe associates inc /md/	8.5%	5,578,830	SC 13G/A

Recent SEC filings of PROG Holdings, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	10-Q	Quarterly Report
Apr 24, 2024	8-K	Current Report
Apr 05, 2024	DEF 14A	DEF 14A
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 11, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading

Peers (Alternatives to PROG Holdings, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	101.3B	18.6B	0.99%	16.50%	28.48	5.45	7.76%	13.08%
CTAS	67.4B	9.4B	4.48%	48.57%	44.82	7.16	9.34%	15.98%
CPRT	52.8B	4.1B	-3.93%	41.68%	38.94	13.01	10.52%	25.37%
EFX	27.9B	5.4B	-13.50%	14.03%	50.04	5.21	5.76%	-4.95%
BAH	18.7B	10.3B	-1.18%	50.22%	45.77	1.81	13.90%	-5.05%
ALLE	11.1B	3.7B	-4.79%	24.13%	20.5	3.03	11.58%	17.98%
MID-CAP
RHI	7.5B	6.4B	-8.74%	-0.28%	18.3	1.18	-11.68%	-37.51%
AL	5.7B	2.7B	4.70%	34.09%	9.29	2.13	15.87%	733.47%
SRCL	4.6B	2.7B	-5.50%	16.61%	-216.6	1.73	-1.68%	-137.70%
ABM	2.8B	8.2B	1.71%	7.28%	10.95	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	8.63%	114.14%	21.53	0.69	104.63%	175.67%
ALTG	384.5M	1.9B	-6.98%	-16.41%	43.2	0.2	19.40%	-4.30%
ARC	117.6M	281.2M	1.85%	-8.94%	14.28	0.42	-1.68%	-25.77%
AQMS	53.7M	1.1M	2.13%	-58.97%	-2.24	49.78	336.95%	-55.13%
AWX	8.6M	80.5M	-8.33%	-18.22%	-4.77	0.11	-0.82%	-207.00%

PROG Holdings, Inc. News

Latest updates

PROG Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	11.2%	642	577	583	593	655	612	626	649	710	647	650	660	721	606	611	599	668	569	538	525	532
Costs and Expenses	11.1%	602	542	528	534	579	550	589	613	661	590	572	568	615	539	516	539	619	-	908	-	-
Operating Expenses	-1.2%	127	129	109	108	105	112	113	112	114	107	102	97.00	91.00	1,936	95.00	83.00	99.00	-	-	-	-
EBITDA Margin	-21.0%	0.05*	0.07*	0.08*	0.07*	0.05*	0.04*	0.04*	0.06*	0.09*	0.12*	0.13*	0.14*	-	-	-	-	-	-	-	-	-
Interest Expenses	-20.3%	-8.25	-6.86	-6.77	-7.28	-8.49	-8.70	-9.46	-9.61	-9.63	-6.71	0.00	0.00	1.00	0.00	-	-	-	-	4.00	-	-
Income Taxes	-3.4%	10.00	10.00	13.00	15.00	20.00	18.00	11.00	8.00	13.00	15.00	20.00	23.00	26.00	24.00	21.00	1.00	-7.86	-	12.00	-	-
Earnings Before Taxes	10.7%	32.00	29.00	48.00	52.00	68.00	54.00	27.00	27.00	40.00	53.00	78.00	92.00	106	66.00	96.00	60.00	50.00	-	52.00	-	-
EBT Margin	-17.9%	0.07*	0.08*	0.09*	0.08*	0.07*	0.06*	0.06*	0.07*	0.10*	0.12*	0.13*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	18.3%	22.00	19.00	35.00	37.00	48.00	36.00	16.00	19.00	27.00	38.00	57.00	69.00	79.00	41.00	109	68.00	-280	-107	40.00	43.00	56.00
Net Income Margin	-18.3%	0.05*	0.06*	0.06*	0.06*	0.05*	0.04*	0.04*	0.05*	0.07*	0.09*	0.09*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	246.9%	134	-90.97	85.00	45.00	156	-42.86	125	54.00	96.00	-51.67	54.00	69.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	-2.0%	1,462	1,491	1,489	1,483	1,510	1,492	1,491	1,478	1,573	1,622	1,454	1,426	1,399	1,317	2,885	3,298
Cash Equivalents	62.7%	253	155	295	253	250	132	222	127	184	170	129	138	151	37.00	470	58.00
Net PPE	-9.3%	22.00	24.00	24.00	24.00	23.00	24.00	25.00	25.00	24.00	26.00	26.00	27.00	26.00	27.00	-	30.00
Goodwill	0%	296	296	296	296	296	296	296	306	306	306	307	18.00	289	289	291	289
Liabilities	-2.6%	877	900	891	889	925	921	925	922	940	942	378	363	362	331	1,246	1,561
Long Term Debt	0.1%	593	592	592	592	591	591	591	590	590	590	50.00	50.00	50.00	50.00	285	-
Shareholder's Equity	-1.1%	585	591	598	594	585	570	566	557	633	679	1,076	1,063	1,037	986	1,639	1,737
Retained Earnings	1.3%	1,310	1,293	1,274	1,239	1,202	1,154	1,118	1,102	1,083	1,056	1,442	1,385	1,316	1,236	1,912	2,030
Additional Paid-In Capital	-1.6%	347	352	348	343	337	339	336	333	331	332	325	319	314	318	299	290
Shares Outstanding	-5.1%	44.00	46.00	47.00	47.00	48.00	52.00	53.00	54.00	55.00	66.00	67.00	67.00	-	-	-	-
Float	-	-	-	-	923	-	-	-	581	-	-	-	2,216	-	1,919	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																				(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2018Q4
Cashflow From Operations	253.7%	135,733	-88,305	87,161	47,961	157,419	-40,671	127,408	57,443	98,299	-48,929	56,049	71,773	167,068	-95,882	191,091	132,995	227,760	-	-	-
Share Based Compensation	13.8%	6,642	5,839	6,821	6,845	5,415	3,591	4,890	2,417	6,623	6,546	6,666	3,974	4,163	19,840	8,891	6,868	5,619	-	-	-
Cashflow From Investing	82.1%	-3,597	-20,068	-8,135	-10,040	-590	-13,585	-17,982	-16,381	-5,586	-9,642	-13,848	-38,945	-19,731	-41,928	-32,354	-9,676	-30,577	-	-	-
Cashflow From Financing	-12.0%	-34,726	-30,997	-37,078	-34,927	-38,865	-35,750	-14,880	-97,732	-78,862	99,942	-50,962	-46,430	-32,831	-295,751	-1,682	-361,317	296,196	-	-	-
Dividend Payments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,743	2,684	2,683	2,668	-	-	-
Buy Backs	-21.7%	24,490	31,297	36,440	35,364	36,472	36,237	10,886	98,395	78,080	-	51,037	49,094	28,102	-	-	-	-	29,833	25,008	-

PRG Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF EARNINGS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUES:
Revenues	$ 2,408,264	$ 2,597,826	$ 2,677,920
COSTS AND EXPENSES:
Depreciation of Lease Merchandise	1,576,303	1,757,730	1,820,010
Provision for Lease Merchandise Write-offs	155,250	193,926	126,984
Operating Expenses	451,084	450,374	397,399
Impairment of Goodwill	0	10,151	0
Costs and Expenses	2,182,637	2,412,181	2,344,393
OPERATING PROFIT	225,627	185,645	333,527
Interest Expense, Net	(29,406)	(37,401)	(5,323)
Earnings Before Income Tax Expense:	196,221	148,244	328,204
INCOME TAX EXPENSE	57,383	49,535	84,647
NET EARNINGS	$ 138,838	$ 98,709	$ 243,557
EARNINGS PER SHARE
Basic (in dollars per share)	$ 3.02	$ 1.90	$ 3.69
Assuming Dilution (in dollars per share)	$ 2.98	$ 1.90	$ 3.67
WEIGHTED AVERAGE SHARES OUTSTANDING:
Basic ( in shares)	46,034	51,921	66,026
Assuming Dilution (in shares)	46,550	52,075	66,416
Lease Revenues and Fees
REVENUES:
Revenues	$ 2,333,588	$ 2,523,785	$ 2,619,005
Interest and Fees on Loans Receivable
REVENUES:
Revenues	$ 74,676	$ 74,041	$ 58,915

PRG Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
ASSETS:
Cash and Cash Equivalents	$ 155,416	$ 131,880
Accounts Receivable (net of allowances of $64,180 in 2023 and $69,264 in 2022)	67,879	64,521
Lease Merchandise (net of accumulated depreciation and allowances of $423,466 in 2023 and $467,355 in 2022)	633,427	648,043
Loans Receivable (net of allowances and unamortized fees of $50,022 in 2023 and $53,635 in 2022)	126,823	130,966
Property and Equipment, Net	24,104	23,852
Operating Lease Right-of-Use Assets	9,271	11,875
Goodwill	296,061	296,061
Other Intangibles, Net	91,664	114,411
Income Tax Receivable	32,918	18,864
Deferred Income Tax Assets	2,981	2,955
Prepaid Expenses and Other Assets	50,711	48,481
Total Assets	1,491,255	1,491,909
LIABILITIES & SHAREHOLDERS' EQUITY:
Accounts Payable and Accrued Expenses	151,259	135,025
Deferred Income Tax Liabilities	104,838	137,261
Customer Deposits and Advance Payments	35,713	37,074
Operating Lease Liabilities	15,849	21,122
Debt	592,265	590,966
Total Liabilities	899,924	921,448
Commitments and Contingencies (Note 10)
Shareholders' Equity:
Common Stock, Par Value $0.50 Per Share: Authorized: 225,000,000 Shares at December 31, 2023 and 2022; Shares Issued: 82,078,654 at December 31, 2023 and 2022	41,039	41,039
Additional Paid-in Capital	352,421	338,814
Retained Earnings	1,293,073	1,154,235
Total Stockholders' Equity before Treasury Stock	1,686,533	1,534,088
Less: Treasury Shares at Cost
Common Stock: 38,404,527 Shares at December 31, 2023 and 34,044,102 at December 31, 2022	(1,095,202)	(963,627)
Total Shareholders' Equity	591,331	570,461
Total Liabilities & Shareholders' Equity	$ 1,491,255	$ 1,491,909

About PROG Holdings, Inc.

PROG Holdings, Inc., a fintech holding company, provides payment options to consumers. It owns Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Vive Financial, an omnichannel provider of second-look revolving credit products. Its offerings also include Four Technologies, provider of Buy Now, Pay Later payment options through its platform Four. The company was formerly known as Aaron's Holdings Company, Inc. and changed its name to PROG Holdings, Inc. in December 2020. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah.

CEO	Mr. Steven A. Michaels
WEBSITE	https://progholdings.com
INDUSTRY	Information Technology Services
EMPLOYEES	1692

PROG Holdings, Inc. Frequently Asked Questions

What is the ticker symbol for PROG Holdings, Inc.? What does PRG stand for in stocks?

PRG is the stock ticker symbol of PROG Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of PROG Holdings, Inc. (PRG)?

As of Wed Apr 24 2024, market cap of PROG Holdings, Inc. is 1.56 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PRG stock?

You can check PRG's fair value in chart for subscribers.

What is the fair value of PRG stock?

You can check PRG's fair value in chart for subscribers. The fair value of PROG Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of PROG Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PRG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is PROG Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether PRG is over valued or under valued. Whether PROG Holdings, Inc. is cheap or expensive depends on the assumptions which impact PROG Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PRG.

What is PROG Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, PRG's PE ratio (Price to Earnings) is 11.22 and Price to Sales (PS) ratio is 0.65. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PRG PE ratio will change depending on the future growth rate expectations of investors.