Prog Hldgs Stock Today

PRG
 Stock
  

USD 17.32  0.50  2.97%   

Market Performance
1 of 100
Odds Of Distress
Over 70
Prog Hldgs is trading at 17.32 as of the 28th of September 2022, a 2.97 percent up since the beginning of the trading day. The stock's lowest day price was 16.85. Prog Hldgs has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Prog Hldgs are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of October 2020 and ending today, the 28th of September 2022. Click here to learn more.
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 56.72 M outstanding shares of which 3.87 M shares are at this time shorted by investors with about 3.06 days to cover. More on Prog Hldgs

Moving together with Prog Hldgs

+0.86AAPLApple Inc Fiscal Year End 27th of October 2022 PairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Prog Hldgs Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Prog Hldgs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Prog Hldgs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Prog Hldgs has very high historical volatility over the last 90 days
Prog Hldgs has high likelihood to experience some financial distress in the next 2 years
Latest headline from aap.thestreet.com: EV Industry Developments Have Us Charged Up About This Position - TheStreet
CEOSteven Michaels
Average Analyst Recommendation
Analysts covering Prog Hldgs report their recommendations after researching Prog Hldgs' financial statements, talking to executives and customers, or listening in on Prog Hldgs' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Prog Hldgs. The Prog Hldgs consensus assessment is calculated by taking the average forecast from all of the analysts covering Prog Hldgs.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Prog Hldgs' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Prog Hldgs (PRG) is traded on New York Stock Exchange in USA and employs 2,023 people. The company currently falls under 'Small-Cap' category with total capitalization of 996.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Prog Hldgs's market, we take the total number of its shares issued and multiply it by Prog Hldgs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Prog Hldgs runs under Industrials sector within Rental & Leasing Services industry. The entity has 56.72 M outstanding shares of which 3.87 M shares are at this time shorted by investors with about 3.06 days to cover. Prog Hldgs has about 127.34 M in cash with 162.86 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.52.
Check Prog Hldgs Probability Of Bankruptcy
Ownership
Prog Hldgs has a total of 56.72 Million outstanding shares. The majority of Prog Hldgs 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 Hldgs to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Prog Hldgs. Please pay attention to any change in the institutional holdings of Prog Hldgs as this could imply that something significant has changed or about to change at the company. Also note that almost five million six hundred seventy-two thousand invesors are currently shorting Prog Hldgs expressing very little confidence in its future performance.

Ownership Allocation (%)

Check Prog Hldgs Ownership Details

Prog Hldgs Stock Price Odds Analysis

What are Prog Hldgs' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Prog Hldgs jumping above the current price in 90 days from now is about 84.64%. The Prog Hldgs probability density function shows the probability of Prog Hldgs stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.1267 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Prog Hldgs will likely underperform. Additionally, the company has an alpha of 0.1731, implying that it can generate a 0.17 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 17.32HorizonTargetOdds Above 17.32
15.26%90 days
 17.32 
84.64%
Based on a normal probability distribution, the odds of Prog Hldgs to move above the current price in 90 days from now is about 84.64 (This Prog Hldgs probability density function shows the probability of Prog Hldgs Stock to fall within a particular range of prices over 90 days) .

Prog Hldgs Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Prog Hldgs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Prog Hldgs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Prog Hldgs' value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon Shares9.5 M156.9 M
Vanguard Group IncCommon Shares6.1 M100.1 M
View Prog Hldgs Diagnostics

Prog Hldgs Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Prog Hldgs market risk premium is the additional return an investor will receive from holding Prog Hldgs long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Prog Hldgs. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Prog Hldgs' alpha and beta are two of the key measurements used to evaluate Prog Hldgs' performance over the market, the standard measures of volatility play an important role as well.

Prog Hldgs Stock Against Markets

Picking the right benchmark for Prog Hldgs stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Prog Hldgs stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Prog Hldgs is critical whether you are bullish or bearish towards Prog Hldgs at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Prog Hldgs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Fundamental Analysis Now

   

Fundamental Analysis

View fundamental data based on most recent published financial statements
All  Next Launch Module

Prog Hldgs Corporate Management

Elected by the shareholders, the Prog Hldgs' board of directors comprises two types of representatives: Prog Hldgs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Prog Hldgs. The board's role is to monitor Prog Hldgs' management team and ensure that shareholders' interests are well served. Prog Hldgs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Prog Hldgs' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ray Martinez - Independent DirectorProfile
Ray Robinson - Independent Chairman of the BoardProfile
Trevor Thatcher - Chief Operations OfficerProfile
Caroline Sheu - Independent DirectorProfile
Steve Olsen - President - Aaron’s BusinessProfile
Debra Fiori - Chief Human Resource OfficerProfile
Ryan Ray - Chief Administrative OfficerProfile

Invested in Prog Hldgs?

The danger of trading Prog Hldgs is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Prog Hldgs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Prog Hldgs. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Prog Hldgs is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please check Your Equity Center. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Complementary Tools for analysis

When running Prog Hldgs price analysis, check to measure Prog Hldgs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Prog Hldgs is operating at the current time. Most of Prog Hldgs' value examination focuses on studying past and present price action to predict the probability of Prog Hldgs' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Prog Hldgs' price. Additionally, you may evaluate how the addition of Prog Hldgs to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Fundamental Analysis
View fundamental data based on most recent published financial statements
Go
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Go
Is Prog Hldgs' industry 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 Hldgs. If investors know Prog Hldgs 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 Hldgs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Prog Hldgs is measured differently than its book value, which is the value of Prog Hldgs that is recorded on the company's balance sheet. Investors also form their own opinion of Prog Hldgs' value that differs from its market value or its book value, called intrinsic value, which is Prog Hldgs' 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 Hldgs' market value can be influenced by many factors that don't directly affect Prog Hldgs' 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 Hldgs' value and its price as these two are different measures arrived at by different means. Investors typically determine Prog Hldgs value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prog Hldgs' 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.