Prog Holdings Stock Today

PRG Stock  USD 48.21  0.93  1.89%   

Performance

2 of 100

 
Weak
 
Strong
Weak

Odds Of Distress

Less than 4

 
High
 
Low
Very Low
PROG Holdings is trading at 48.21 as of the 28th of November 2024. This is a 1.89 percent decrease since the beginning of the trading day. The stock's lowest day price was 48.21. PROG Holdings has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for PROG Holdings are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
7th of September 1984
Category
Industrials
PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. PROG Holdings, Inc. was founded in 1955 and is based in Draper, Utah. Prog Hldgs operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. The company has 41.54 M outstanding shares of which 1.63 M shares are at this time shorted by investors with about 4.21 days to cover. More on PROG Holdings

PROG Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOSteven Michaels
Old NamePROCTER&GAMBLE - Hanover Stock Exchang
Business ConcentrationIndustrial Machinery & Supplies & Components, Rental & Leasing Services, Industrials, NYSE Composite, Stock Exchange Of, SP Small-Cap 600, SET Total Return, Industrials, Machinery, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05450.0931
Way Down
Pretty Stable
Asset Turnover1.091.6149
Way Down
Slightly volatile
Gross Profit Margin0.330.3455
Sufficiently Down
Slightly volatile
Total Current Liabilities204.9 M156.9 M
Significantly Up
Very volatile
Non Current Liabilities Total786.1 M748.7 M
Sufficiently Up
Slightly volatile
Total Assets1.1 B1.5 B
Way Down
Very volatile
Total Current Assets683.8 M1.1 B
Way Down
Pretty Stable
Debt Levels
PROG Holdings can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand PROG Holdings' financial leverage. It provides some insight into what part of PROG Holdings' total assets is financed by creditors.
Liquidity
PROG Holdings has 608.11 M in debt with debt to equity (D/E) ratio of 1.08, which is OK given its current industry classification. PROG Holdings has a current ratio of 3.25, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for PROG to invest in growth at high rates of return.

Change In Cash

24.71 Million
PROG Holdings (PRG) is traded on New York Stock Exchange in USA. It is located in 256 West Data Drive, Draper, UT, United States, 84020-2315 and employs 1,606 people. PROG Holdings is listed under Industrial Machinery & Supplies & Components category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.04 B. PROG Holdings runs under Machinery sector within Industrials industry. The entity has 41.54 M outstanding shares of which 1.63 M shares are at this time shorted by investors with about 4.21 days to cover. PROG Holdings has about 131.88 M in cash with 204.24 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.43.
Check PROG Holdings Probability Of Bankruptcy
Ownership Allocation
The majority of PROG Holdings outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in PROG Holdings to benefit from reduced commissions. Accordingly, institutional investors are subject to a different set of regulations than regular investors in PROG Holdings. Please pay attention to any change in the institutional holdings of PROG Holdings as this could imply that something significant has changed or is about to change at the company.
Check PROG Ownership Details

PROG Stock Institutional Holders

InstituionRecorded OnShares
American Century Companies Inc2024-09-30
686.7 K
Palisade Capital Management Llc2024-09-30
575.8 K
Allianz Asset Management Ag2024-06-30
538.7 K
Northern Trust Corp2024-09-30
484 K
Vulcan Value Partners, Llc2024-09-30
463.1 K
Clearbridge Advisors, Llc2024-09-30
424.6 K
Norges Bank2024-06-30
410.8 K
Wellington Management Company Llp2024-06-30
407.8 K
Assenagon Asset Management Sa2024-09-30
393.5 K
Blackrock Inc2024-06-30
7.5 M
Vanguard Group Inc2024-09-30
4.9 M
View PROG Holdings Diagnostics

PROG Holdings Historical Income Statement

At this time, PROG Holdings' Operating Income is most likely to increase significantly in the upcoming years. The PROG Holdings' current Total Operating Expenses is estimated to increase to about 1.2 B, while Other Operating Expenses is projected to decrease to roughly 1.4 B. View More Fundamentals

PROG Stock Against Markets

PROG Holdings Corporate Management

Ray MartinezIndependent DirectorProfile
Trevor ThatcherChief Operations OfficerProfile
Caroline SheuIndependent DirectorProfile
Debra FioriChief Human Resource OfficerProfile
Mike GiordanoChief Commercial OfficerProfile
John CFAVice RelationsProfile
Todd KingChief OfficerProfile
When determining whether PROG Holdings is a strong investment it is important to analyze PROG Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PROG Holdings' future performance. For an informed investment choice regarding PROG Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PROG Holdings. If investors know PROG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PROG Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.553
Dividend Share
0.36
Earnings Share
3.61
Revenue Per Share
55.825
Quarterly Revenue Growth
0.04
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PROG Holdings' market value can be influenced by many factors that don't directly affect PROG Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.