PROG Holdings: Don't Buy Just Yet [Seeking Alpha]
PROG Holdings, Inc. (PRG)
Company Research
Source: Seeking Alpha
The company has three segments: Progressive Leasing, Vive, and Four, with Progressive Leasing being the main driver of revenue. PROG Holdings has a large addressable market and strong partnerships with established merchants, contributing to its growth potential. Shares are fully priced at around $30 and are a hold. Investment Thesis PROG Holdings ( NYSE: PRG ) continues to be a solid performer among a tough economy and rising interest rates. Given its recent Q4 earnings , I believe the stock is a hold but continue to be optimistic about the company's long-term potential. However, given its valuation, I believe most of its growth prospects are priced in fairly, so investors should continue to sit tight. Management has shown to be very thoughtful in returning capital to shareholders. Despite some controversy about potentially misleading lending practices to these subprime borrowers, I believe the company is serving an unmet need of allowing people to get things they need at rea
Show less
Read more
Impact Snapshot
Event Time:
PRG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PRG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PRG alerts
High impacting PROG Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
PRG
News
- Fast-paced Momentum Stock PROG Holdings (PRG) Is Still Trading at a Bargain [Yahoo! Finance]Yahoo! Finance
- PROG Holdings, Inc. (NYSE: PRG) had its price target raised by analysts at Loop Capital from $31.00 to $35.00. They now have a "hold" rating on the stock.MarketBeat
- PROG Holdings, Inc. (NYSE: PRG) had its price target raised by analysts at TD Cowen from $38.00 to $40.00. They now have a "buy" rating on the stock.MarketBeat
- PROG Holdings, Inc. (NYSE:PRG) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PROG Holdings Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
PRG
Earnings
- 4/24/24 - Beat
PRG
Sec Filings
- 4/24/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/5/24 - Form DEF
- PRG's page on the SEC website