Aaron’s, Inc. (NYSE:AAN) – Analysts at SunTrust Banks issued their FY2017 earnings per share (EPS) estimates for Aaron’s, in a research note issued on Monday. SunTrust Banks analyst W. Chappell forecasts that the company will post earnings of $2.44 per share for the year. SunTrust Banks currently has a “Buy” rating on the stock. SunTrust Banks also issued estimates for Aaron’s, ‘s Q4 2017 earnings at $0.54 EPS, FY2018 earnings at $2.90 EPS and FY2019 earnings at $3.22 EPS.

A number of other equities analysts have also weighed in on the company. Off Wall Street initiated coverage on Aaron’s, in a research note on Monday, September 18th. They set a “sell” rating on the stock. Jefferies Group LLC reiterated a “buy” rating and set a $54.00 target price on shares of Aaron’s, in a research note on Thursday, September 7th. KeyCorp upgraded Aaron’s, from a “sector weight” rating to an “overweight” rating and set a $50.00 target price on the stock in a research note on Thursday, September 28th. Zacks Investment Research lowered Aaron’s, from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. Finally, Janney Montgomery Scott began coverage on Aaron’s, in a research note on Wednesday, October 18th. They set a “neutral” rating and a $42.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Aaron’s, has an average rating of “Hold” and an average target price of $44.94.

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Shares of Aaron’s, (AAN) traded up $1.32 during midday trading on Wednesday, hitting $35.76. The stock had a trading volume of 659,512 shares, compared to its average volume of 995,812. The company has a market capitalization of $2,440.00, a price-to-earnings ratio of 14.77 and a beta of 0.23. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.74 and a current ratio of 2.35. Aaron’s, has a one year low of $25.22 and a one year high of $48.22.

Aaron’s, (NYSE:AAN) last announced its earnings results on Friday, October 27th. The company reported $0.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.54 by ($0.11). The firm had revenue of $838.80 million for the quarter, compared to the consensus estimate of $827.20 million. Aaron’s, had a return on equity of 11.41% and a net margin of 4.15%. Aaron’s, ‘s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $0.50 EPS.

In related news, CFO Steven A. Michaels sold 4,000 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at $2,108,968.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Curtis Linn Doman sold 30,000 shares of the firm’s stock in a transaction on Friday, August 25th. The shares were sold at an average price of $43.35, for a total value of $1,300,500.00. Following the completion of the sale, the insider now directly owns 101,775 shares in the company, valued at approximately $4,411,946.25. The disclosure for this sale can be found here. Insiders have sold 60,776 shares of company stock worth $2,511,757 in the last three months. 1.93% of the stock is currently owned by company insiders.

Several hedge funds have recently modified their holdings of the business. Northwestern Mutual Investment Management Company LLC boosted its holdings in shares of Aaron’s, by 1.9% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 11,178 shares of the company’s stock valued at $245,000 after purchasing an additional 210 shares in the last quarter. UBS Group AG boosted its holdings in shares of Aaron’s, by 0.6% in the 1st quarter. UBS Group AG now owns 44,095 shares of the company’s stock valued at $1,311,000 after purchasing an additional 255 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in shares of Aaron’s, by 1.9% in the 2nd quarter. Louisiana State Employees Retirement System now owns 16,400 shares of the company’s stock valued at $638,000 after purchasing an additional 300 shares in the last quarter. Great West Life Assurance Co. Can boosted its holdings in shares of Aaron’s, by 0.8% in the 2nd quarter. Great West Life Assurance Co. Can now owns 38,370 shares of the company’s stock valued at $1,492,000 after purchasing an additional 307 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Aaron’s, by 13.4% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,649 shares of the company’s stock valued at $103,000 after purchasing an additional 312 shares in the last quarter.

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.

Earnings History and Estimates for Aaron`s,  (NYSE:AAN)

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