PROG Holdings (PRG)

• Market cap: $1.2B
• 1 day: 0.58%
• 5 days: -32.76%
• 1 month: -32.93%
• 3 months: -36.58%
• 6 months: -36.21%
• Year to date: -30.52%
• 1 year: -7.72%
• 5 years: -32.17%
• 10 years: -3.13%
• Sector: Industrials
• Industry: Equipment Rental & Leasing

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: Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and 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: 1,403

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

707% more call options, than puts

Call options by funds: $4.94M | Put options by funds: $612K

19% less funds holding

Funds holding: 316 [Q3] → 257 (-59) [Q4]

22% less capital invested

Capital invested by funds: $2.22B [Q3] → $1.72B (-$498M) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 6 [Q3] → 3 (-3) [Q4]

50% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 135

62.45% less ownership

Funds ownership: 160.48% [Q3] → 98.03% (-62.45%) [Q4]

63% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 79

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $60 104% upside
• Avg. target: $60 104% upside
• High target: $60 104% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Stephens & Co. Kyle Joseph 50% 1-year accuracy 5 / 10 met price target

104% upside $60

Overweight Reiterated

2 Jan 2025