PROG Holdings, Inc. (PRG)
NYSE: PRG · IEX Real-Time Price · USD
36.17
-0.19 (-0.52%)
May 20, 2024, 12:36 PM EDT - Market open
PROG Holdings Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for PROG Holdings stock have an average target of 40.25, with a low estimate of 35 and a high estimate of 44. The average target predicts an increase of 11.28% from the current stock price of 36.17.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PROG Holdings stock from 5 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 1 | 2 | 2 | 3 | 2 | 2 |
| Hold | 2 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Loop Capital | Loop Capital | Hold Maintains $31 → $35 | Hold | Maintains | $31 → $35 | -3.23% | Apr 25, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $38 → $40 | Strong Buy | Maintains | $38 → $40 | +10.59% | Apr 25, 2024 |
| TD Cowen | TD Cowen | Buy Initiates $37 | Buy | Initiates | $37 | +2.29% | Mar 8, 2024 |
| Stephens & Co. | Stephens & Co. | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Jan 2, 2024 |
| Stephens & Co. | Stephens & Co. | Hold Maintains $68 → $37 | Hold | Maintains | $68 → $37 | +2.29% | Oct 26, 2023 |
Financial Forecast
Revenue This Year
2.35B
from 2.41B
Decreased by -2.54%
Revenue Next Year
2.38B
from 2.35B
Increased by 1.28%
EPS This Year
2.89
from 2.98
Decreased by -3.00%
EPS Next Year
3.28
from 2.89
Increased by 13.38%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.5B | 2.6B | 2.6B | 2.7B | 2.8B |
| Avg | 2.3B | 2.4B | 2.5B | 2.6B | 2.7B |
| Low | 2.2B | 2.0B | 2.4B | 2.5B | 2.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.9% | 12.2% | 9.0% | 8.5% | 7.2% |
| Avg | -2.5% | 1.3% | 4.9% | 4.3% | 3.1% |
| Low | -6.7% | -15.4% | 1.8% | 1.2% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.11 | 3.54 | 3.75 | 4.32 | 4.77 |
| Avg | 2.89 | 3.28 | 3.61 | 4.15 | 4.59 |
| Low | 2.73 | 3.04 | 3.50 | 4.03 | 4.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.3% | 22.4% | 14.4% | 19.7% | 14.8% |
| Avg | -3.0% | 13.4% | 10.0% | 15.1% | 10.5% |
| Low | -8.2% | 5.1% | 6.7% | 11.7% | 7.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.