A Director at Aaron’s Inc (AAN) is Buying Shares


Yesterday, a Director at Aaron’s Inc (NYSE: AAN), Betty Kathy, bought shares of AAN for $5,000.

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Based on Aaron’s Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $928 million and quarterly net profit of $38.5 million. In comparison, last year the company earned revenue of $816 million and had a net profit of $36.34 million. AAN’s market cap is $3.36B and the company has a P/E ratio of 11.89. Currently, Aaron’s Inc has an average volume of 601.7K.

Starting in February 2018, AAN received 14 Buy ratings in a row. Nine different firms, including Jefferies and KeyBanc, currently also have a Buy rating on the stock. Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $57.00, reflecting a -14.9% downside.

In the last 30 days, insiders have sold $4,333 worth of AAN shares and purchased $5,000 worth of AAN shares.

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Aaron’s, Inc. retails consumer electronics, computers, residential furniture, household appliances, and accessories. It engages in the lease ownership, lease and retail sale of products such as widescreen and liquid crystal display televisions, computers, living room, dining room and bedroom furniture, washers, dryers, and refrigerators.

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