PROG (PRG) to Release Earnings on Wednesday

PROG (NYSE:PRG - Get Free Report) is expected to be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect PROG to post earnings of $0.77 per share and revenue of $612.67 million for the quarter. Persons interested in participating in the company's earnings conference call can do so using this link.

PROG Trading Down 1.8 %

Shares of NYSE:PRG traded down $0.79 during midday trading on Friday, hitting $42.74. 504,150 shares of the stock were exchanged, compared to its average volume of 280,312. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 11.84 and a beta of 2.18. The company has a debt-to-equity ratio of 0.94, a quick ratio of 2.34 and a current ratio of 4.97. The business's 50-day moving average price is $42.92 and its 200 day moving average price is $45.08. PROG has a 12 month low of $27.84 and a 12 month high of $50.28.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on PRG. TD Cowen upgraded PROG to a "strong-buy" rating in a report on Friday, November 29th. Raymond James upgraded PROG from a "market perform" rating to an "outperform" rating and set a $48.00 price target on the stock in a report on Thursday, October 24th. Finally, Stephens restated an "overweight" rating and set a $60.00 price target on shares of PROG in a report on Thursday, January 2nd. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, PROG has a consensus rating of "Buy" and an average price target of $53.83.

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About PROG

PROG Holdings, Inc NYSE: PRG is a financial technology holding company based in Salt Lake City, Utah with three business segments: Progressive Leasing, which offers lease-to-own transactions primarily to credit-challenged consumers through e-commerce and point-of-sale retail partners, via online, mobile, and in-store solutions; Vive Financial, which provides consumers who may not qualify for traditional prime lending with a variety of second-look, revolving credit products through private label and branded credit cards; and Four Technologies, which provides consumers of all credit backgrounds Buy Now, Pay Later (BNPL) options through four interest-free installments via its platform, Four.