PROG (NYSE: PRG) is one of 20 public companies in the “Equipment rental & leasing, not elsewhere classified” industry, but how does it weigh in compared to its rivals? We will compare PROG to similar companies based on the strength of its earnings, dividends, analyst recommendations, profitability, institutional ownership, risk and valuation.
This is a summary of current ratings and price targets for PROG and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Valuation and Earnings
This table compares PROG and its rivals top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|PROG||$3.95 billion||$31.47 million||12.25|
|PROG Competitors||$1.63 billion||$194.25 million||9.64|
PROG has higher revenue, but lower earnings than its rivals. PROG is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
This table compares PROG and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Volatility & Risk
PROG has a beta of 1.95, meaning that its share price is 95% more volatile than the S&P 500. Comparatively, PROG’s rivals have a beta of 1.50, meaning that their average share price is 50% more volatile than the S&P 500.
Institutional and Insider Ownership
92.5% of PROG shares are held by institutional investors. Comparatively, 65.7% of shares of all “Equipment rental & leasing, not elsewhere classified” companies are held by institutional investors. 2.8% of PROG shares are held by insiders. Comparatively, 12.0% of shares of all “Equipment rental & leasing, not elsewhere classified” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
PROG pays an annual dividend of $0.18 per share and has a dividend yield of 0.4%. PROG pays out 4.6% of its earnings in the form of a dividend. As a group, “Equipment rental & leasing, not elsewhere classified” companies pay a dividend yield of 2.3% and pay out 34.4% of their earnings in the form of a dividend.
PROG beats its rivals on 10 of the 15 factors compared.
PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates through, Progressive Leasing and Vive. The company offers its lease-purchase solutions to customers for various products in the furniture and appliance, jewelry, mobile phones and accessories, mattress, and automobile electronics and accessories industries. It also provides revolving loans through third-party federally insured banks to customers that may not qualify for traditional prime lending. As of December 01, 2020, the company provided lease-purchase solutions through approximately 30,000 retail partner locations in 46 states and the District of Columbia, including e-commerce merchants. 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 headquartered in Draper, Utah.
Receive News & Ratings for PROG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PROG and related companies with MarketBeat.com's FREE daily email newsletter.