PROG HoldingsPRG
Market Cap: $1.9B
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 Q2 SEC filings by fund managers ($100M+ AUM)
88% more first-time investments, than exits
New positions opened: 49 | Existing positions closed: 26
53% more call options, than puts
Call options by funds: $3.19M | Put options by funds: $2.08M
10% more funds holding
Funds holding: 226 [Q1] → 249 (+23) [Q2]
3% less capital invested
Capital invested by funds: $1.47B [Q1] → $1.42B (-$51.3M) [Q2]
3.17% less ownership
Funds ownership: 97.69% [Q1] → 94.53% (-3.17%) [Q2]
13% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 91
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Loop Capital Anthony Chukumba 60% 1-year accuracy 9 / 15 met price target | 22%upside $55 | Buy Upgraded | 19 Aug 2024 |
Keybanc Bradley Thomas 67% 1-year accuracy 10 / 15 met price target | 2%upside $46 | Overweight Maintained | 25 Jul 2024 |
TD Cowen Hoang Nguyen 75% 1-year accuracy 3 / 4 met price target | 4%upside $47 | Buy Maintained | 25 Jul 2024 |
Loop Capital Anthony Chukumba 60% 1-year accuracy 9 / 15 met price target | 9%downside $41 | Hold Maintained | 25 Jul 2024 |