Aaron's traded at $7.61 this Tuesday April 9th, increasing $0.32 or 4.39 percent since the previous trading session. Looking back, over the last four weeks, Aaron's gained 7.79 percent. Over the last 12 months, its price fell by 25.47 percent. Looking ahead, we forecast Aaron's to be priced at 7.38 by the end of this quarter and at 6.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Aaron’s Company, Inc. is an omnichannel provider of lease-to-own (LTO) solutions. The Company through its Aarons.com electronic commerce platform, provides consumers with LTO and purchase solutions for the products, including furniture, appliances, electronics, computers and a variety of other products and accessories. Its operations also include Woodhaven Furniture Industries (Woodhaven), which manufactures and supplies the majority of the bedding and a portion of the upholstered furniture leased and sold in Company-operated and franchised stores. Its electronic commerce platform, Aarons.com, allows customers to browse for merchandise, qualify for a lease, and complete the lease transaction. The Company holds approximately 1087 Company-operated stores and approximately 247 franchised stores, which are owned and operated by independent franchisees on a licensed basis.