PROG Holdings
About: PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The Company has two reportable segments: (i) Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and (ii) Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the progressive leasing segment.
Employees: 1,606
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
133% more funds holding in top 10
Funds holding in top 10: 3 [Q2] → 7 (+4) [Q3]
118% more call options, than puts
Call options by funds: $9.25M | Put options by funds: $4.24M
61% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 38
28% more capital invested
Capital invested by funds: $1.73B [Q2] → $2.22B (+$488M) [Q3]
7% more funds holding
Funds holding: 296 [Q2] → 316 (+20) [Q3]
0.32% more ownership
Funds ownership: 160.16% [Q2] → 160.48% (+0.32%) [Q3]
23% less repeat investments, than reductions
Existing positions increased: 95 | Existing positions reduced: 123
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Stephens & Co. Kyle Joseph 29% 1-year accuracy 2 / 7 met price target | 50%upside $60 | Overweight Reiterated | 2 Jan 2025 |
Raymond James Bobby Griffin 40% 1-year accuracy 4 / 10 met price target | 20%upside $48 | Outperform Upgraded | 24 Oct 2024 |