Aarons (AAN) has risen sharply, recording gains of 2.58% in the past 4 weeks. However, the stock has corrected -0.94% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.14% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 1.78% and the 50-Day Moving Average is 3.39%.The 200 Day SMA reached 6.54%
Aarons (NYSE:AAN): After opening at $24.84, the stock dipped to an intraday low of $24.77 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $25.675 and the buying power remained strong till the end. The stock closed at $25.42 for the day, a gain of 2.96% for the day session. The total traded volume was 743,682. The stocks close on the previous trading day was $25.42.
Aarons (AAN) : The consensus price target for Aarons (AAN) is $32 for the short term with a standard deviation of $2.77. The most optimist securities analyst among the 6 who monitor the stock believes that the stock can reach $35, however, the pessimist price target for the company is $28.
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.