PROG Holdings, Inc., a financial technology holding company, provides payment options to consumers in the United States. The company operates through two segments: Progressive Leasing and Four. It owns Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and Four, which enables consumers of all credit backgrounds to pay for purchases over time through short-term, interest-free instalment buy-now-pay-later BNPL plans. The company offers Purchasing Power, that provides these underserved customers with alternatives to traditional financing options. 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 based in Draper, Utah.
Lease-to-Own Leade | PROG Holdings dominates the lease-to-own market, showcasing resilience and growth potential despite challenging economic conditions |
Financial Strength | Discover PRG's robust financial health, with strong profitability metrics and an attractive free cash flow yield of 7% |
Retail Expansion | Explore PRG's strategic partnerships, including a new alliance with American Signature, driving market penetration and revenue growth |
Analyst Optimism | Delve into analyst projections, with price targets ranging from $46 to $60, reflecting confidence in PRG's growth strategies and market position |
Metrics to compare | PRG | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPRGPeersSector | |
|---|---|---|---|---|
P/E Ratio | 10.4x | 34.5x | 10.0x | |
PEG Ratio | −0.51 | 0.33 | 0.03 | |
Price/Book | 1.7x | 4.1x | 1.0x | |
Price / LTM Sales | 0.5x | 2.8x | 2.9x | |
Upside (Analyst Target) | 31.0% | 16.6% | 13.4% | |
Fair Value Upside | Unlock | −2.3% | 1.6% | Unlock |