prog holdings - PRG

PRG

Close Chg Chg %
46.33 1.10 2.37%

Closed Market

47.43

+1.10 (2.37%)

Volume: 362.24K

Last Updated:

Nov 22, 2024, 3:59 PM EDT

Company Overview: prog holdings - PRG

PRG Key Data

Open

$46.60

Day Range

46.34 - 47.66

52 Week Range

26.39 - 50.28

Market Cap

$1.93B

Shares Outstanding

41.54M

Public Float

40.49M

Beta

2.12

Rev. Per Employee

N/A

P/E Ratio

12.79

EPS

$3.69

Yield

77.69%

Dividend

$0.12

EX-DIVIDEND DATE

Nov 19, 2024

SHORT INTEREST

N/A

AVERAGE VOLUME

400.24K

 

PRG Performance

1 Week
 
-2.89%
 
1 Month
 
10.10%
 
3 Months
 
360.18%
 
1 Year
 
421.26%
 
5 Years
 
-19.11%
 

PRG Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 7
Full Ratings ➔

About prog holdings - PRG

PROG Holdings, Inc. engages in the provision of lease-purchase solutions. It offers retail sale and lease ownership of furniture, home appliances, consumer electronics, and accessories through its franchised stores and e-commerce platform. It operates through the following segments: Progressive Leasing, Vive, and Four. The Progressive segment offers lease-to-own ownership of durable goods. The Vive segment provides services to customers who may not qualify to purchase goods and services from merchants. The Four segment includes provision of credit backgrounds with Buy Now, Pay Later “BNPL”. The company was founded in 1955 and is headquartered in Draper, UT.

PRG At a Glance

PROG Holdings, Inc.
256 West Data Drive
Draper, Utah 84020-2315
Phone 1-385-351-1369 Revenue 2.41B
Industry Finance/Rental/Leasing Net Income 138.84M
Sector Finance Employees 1,420
Fiscal Year-end 12 / 2024
View SEC Filings

PRG Valuation

P/E Current 12.968
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 10.363
Price to Sales Ratio 0.597
Price to Book Ratio 2.283
Price to Cash Flow Ratio 7.046
Enterprise Value to EBITDA 1.003
Enterprise Value to Sales 0.785
Total Debt to Enterprise Value 0.321

PRG Efficiency

Revenue/Employee 1,695,960.563
Income Per Employee 97,773.239
Receivables Turnover 12.369
Total Asset Turnover 1.615

PRG Liquidity

Current Ratio 6.502
Quick Ratio 2.315
Cash Ratio 1.027

PRG Profitability

Gross Margin 33.216
Operating Margin 11.527
Pretax Margin 8.148
Net Margin 5.765
Return on Assets 9.308
Return on Equity 23.901
Return on Total Capital 11.575
Return on Invested Capital 11.657

PRG Capital Structure

Total Debt to Total Equity 102.838
Total Debt to Total Capital 50.70
Total Debt to Total Assets 40.779
Long-Term Debt to Equity 102.838
Long-Term Debt to Total Capital 50.70
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Prog Holdings - PRG

Collapse All in section
All values USD millions. 2020 2021 2022 2023 5-year trend
Sales/Revenue
2.48B 2.68B 2.60B 2.41B
Sales Growth
-37.06% +7.78% -2.99% -7.30%
Cost of Goods Sold (COGS) incl D&A
1.78B 1.85B 1.79B 1.61B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
1.78B 1.85B 1.79B 1.61B
Depreciation
1.76B 1.83B 1.77B 1.59B
Amortization of Intangibles
22.10M 22.30M 22.90M 22.73M
COGS Growth
-19.41% +3.84% -3.33% -10.23%
Gross Income
699.86M 824.65M 806.25M 799.93M
Gross Income Growth
-59.62% +17.83% -2.23% -0.78%
Gross Profit Margin
+28.17% +30.79% +31.04% +33.22%
2020 2021 2022 2023 5-year trend
SG&A Expense
279.65M 364.14M 378.69M 367.07M
Research & Development
- - - -
-
Other SG&A
279.65M 364.14M 378.69M 367.07M
SGA Growth
-76.07% +30.21% +4.00% -3.07%
Other Operating Expense
131.33M 126.98M 193.93M 155.25M
Unusual Expense
- 17.12M 47.98M 40.74M
EBIT after Unusual Expense
271.76M 333.53M 185.65M 236.87M
Non Operating Income/Expense
- - - 10.05M
-
Non-Operating Interest Income
- - - 10.05M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
187.00K 5.32M 37.40M 50.70M
Interest Expense Growth
-98.90% +2,746.52% +602.63% +35.55%
Gross Interest Expense
187.00K 5.32M 37.40M 50.70M
Interest Capitalized
- - - -
-
Pretax Income
271.58M 328.20M 148.24M 196.22M
Pretax Income Growth
+192.68% +20.85% -54.83% +32.36%
Pretax Margin
+10.93% +12.26% +5.71% +8.15%
Income Tax
37.95M 84.65M 49.53M 57.38M
Income Tax - Current - Domestic
324.00K 68.92M 58.57M 89.83M
Income Tax - Current - Foreign
- - - 168.00K
-
Income Tax - Deferred - Domestic
37.63M 15.73M (9.00M) (32.45M)
Income Tax - Deferred - Foreign
- - - (198.00K)
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
233.63M 243.56M 98.71M 138.84M
Minority Interest Expense
- - - -
-
Net Income
233.63M 243.56M 98.71M 138.84M
Net Income Growth
+642.33% +4.25% -59.47% +40.65%
Net Margin Growth
+9.40% +9.10% +3.80% +5.77%
Extraordinaries & Discontinued Operations
- - - (295.09M)
-
Discontinued Operations
- - - (295.09M)
-
Net Income After Extraordinaries
(61.46M) 243.56M 98.71M 138.84M
Preferred Dividends
- - - -
-
Net Income Available to Common
(61.47M) 243.56M 98.71M 138.84M
EPS (Basic)
-0.9138 3.6888 1.9011 3.016
EPS (Basic) Growth
-295.47% +503.68% -48.46% +58.64%
Basic Shares Outstanding
67.26M 66.03M 51.92M 46.03M
EPS (Diluted)
-0.9138 3.6888 1.9011 2.9826
EPS (Diluted) Growth
-299.26% +503.68% -48.46% +56.89%
Diluted Shares Outstanding
67.26M 66.03M 51.92M 46.55M
EBITDA
2.07B 2.19B 2.03B 1.89B
EBITDA Growth
-13.26% +5.46% -7.39% -6.88%
EBITDA Margin
+83.46% +81.66% +77.96% +78.31%

Snapshot

Average Recommendation BUY Average Target Price 55.00
Number of Ratings 7 Current Quarters Estimate 0.765
FY Report Date 12 / 2024 Current Year's Estimate 3.371
Last Quarter’s Earnings 0.77 Median PE on CY Estimate N/A
Year Ago Earnings 3.67 Next Fiscal Year Estimate 3.882
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 7 6 7 7
Mean Estimate 0.77 0.99 3.37 3.88
High Estimates 0.81 1.15 3.42 4.04
Low Estimate 0.74 0.87 3.34 3.75
Coefficient of Variance 3.67 11.39 0.78 2.95

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 5 4 3
OVERWEIGHT 1 1 0
HOLD 1 1 3
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Overweight Overweight

Insider Actions for Prog Holdings - PRG

Date Name Shares Transaction Value
Mar 12, 2024 Steven A. Michaels President and CEO; Director 455,203 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.39 per share 14,288,822.17
Mar 12, 2024 Brian Garner Chief Financial Officer 112,220 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.39 per share 3,522,585.80
Mar 12, 2024 Curtis L. Doman Director 214,746 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.39 per share 6,740,876.94
Mar 12, 2024 Todd King Chief Legal and Compliance Off 38,436 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.39 per share 1,206,506.04
Mar 12, 2024 Matt Sewell Principal Acct Off, VP Fin Rep 16,080 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $31.39 per share 504,751.20
Mar 4, 2024 Steven A. Michaels President and CEO; Director 361,662 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 4, 2024 Steven A. Michaels President and CEO; Director 500,326 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $29.4 per share 14,709,584.40
Mar 4, 2024 Brian Garner Chief Financial Officer 85,414 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 4, 2024 Brian Garner Chief Financial Officer 123,546 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $29.4 per share 3,632,252.40
Mar 4, 2024 Curtis L. Doman Director 222,593 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $29.4 per share 6,544,234.20
Mar 4, 2024 Todd King Chief Legal and Compliance Off 30,038 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Mar 4, 2024 Todd King Chief Legal and Compliance Off 40,869 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $29.4 per share 1,201,548.60
Mar 4, 2024 Matt Sewell Principal Acct Off, VP Fin Rep 17,600 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $29.4 per share 517,440.00
Feb 14, 2024 Steven A. Michaels President and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
Feb 14, 2024 Steven A. Michaels President and CEO; Director N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Prog Holdings in the News