Aaron's (AAN) Tops Q2 EPS by 10c, FY EPS Guidance Tops Views
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July 31, 2017 9:08 AM EDT
Northcoast Research raised its price target on Aaron's (NYSE: AAN) to $52.50 (from $45.00) while maintaining a Buy rating.
Analyst Nick Mitchell is raising his PT to adjust for strong-than-expected trends at Progressive, improved execution within the company's legacy operations and to reflect his... More
July 31, 2017 7:32 AM EDT
Stifel raised its price target on Aaron's (NYSE: AAN) to $55.00 (from $40.00) while maintaining a Buy rating, following the company's second quarter earnings report.
Analyst John Baugh notes the company delivered second quarter earnings per share and revenues above consensus projections driven by... More
July 28, 2017 7:02 AM EDT
Aaron's, Inc. (NYSE: AAN) announced that it has acquired substantially all of the assets of its largest franchisee, SEI/Aaron's, Inc., in an all-cash transaction valued at approximately $140 million, which was paid with cash-on-hand. Aaron's expects the transaction to be accretive to earnings in 2017.
SEI was founded in 1995 and currently serves more than 90,000 customers through 104 Aaron's stores in 11 states, primarily in the... More
