Aarons (AAN) : Traders are bullish on Aarons (AAN) as it has outperformed the S&P 500 by a wide margin of 0.85% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.23%, relative to the S&P 500. The stock has risen by 0.77% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.19% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.1% and the 50-Day Moving Average is 2.8%.The 200 Day SMA reached 4.83% Aarons, Inc. is up 9.73% in the last 3-month period. Year-to-Date the stock performance stands at 11.3%.
Aarons (AAN) : 6 investment research analysts covering Aarons (AAN) have an average price target of $32 for the near short term. The highest target price given by the Brokerage Firm to the stock is $35 and the lowest target is $28 for the short term. Analysts expect the variance to be within $2.77 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Aarons (NYSE:AAN): stock was range-bound between the intraday low of $24.73 and the intraday high of $25.08 after having opened at $24.95 on Fridays session. The stock finally closed in the red at $24.95, a loss of -0.36%. The stock remained in the red for the whole trading day. The total traded volume was 1,025,404 shares. The stock failed to cross $25.08 in Fridays trading. The stocks closing price on Thursday was $24.92.
Aarons, Inc. (Aarons) is a specialty retailer of furniture, consumer electronics, computers, appliances and household accessories. The Company operates through five segments: The Aarons Sales and Lease Ownership segment, which offers furniture, electronics, appliances and computers to consumers on a monthly payment basis; Progressive, which is a virtual lease-to-own company that provides lease-purchase solutions; The HomeSmart segment, which offers furniture, electronics, appliances and computers to consumers on a weekly payment basis; Franchise, which awards franchises and supports franchisees of its sales and lease ownership concept, and Manufacturing segment, which manufactures upholstered furniture and bedding for use by Company-operated and franchised stores. Its products include flat-screen televisions, computers, tablets, living room, dining room and bedroom furniture, among others. Its brands include Samsung, Frigidaire, Hewlett-Packard, LG, Maytag, RCA and JVC.