PROG Holdings, Inc. (PRG)

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 18.73% from the current stock price of 33.90.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$35	$40.25	$42	$44
Change	+3.24%	+18.73%	+23.89%	+29.79%

* Price targets were last updated on Apr 25, 2024.

Analyst Ratings

The average analyst rating for PROG Holdings stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '24	Mar '24	Apr '24	May '24	Jun '24	Jul '24
Strong Buy	1	1	2	2	2	2
Buy	2	3	2	2	1	1
Hold	1	1	1	1	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	5	5	5	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Vincent Caintic BTIG	BTIG	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jun 7, 2024
Anthony Chukumba Loop Capital	Loop Capital	Hold Maintains $31 → $35	Hold	Maintains	$31 → $35	+3.24%	Apr 25, 2024
Hoang Nguyen TD Cowen	TD Cowen	Strong Buy Maintains $38 → $40	Strong Buy	Maintains	$38 → $40	+17.99%	Apr 25, 2024
Hoang Nguyen TD Cowen	TD Cowen	Buy Initiates $37	Buy	Initiates	$37	+9.14%	Mar 8, 2024
Vincent Caintic Stephens & Co.	Stephens & Co.	Hold → Buy Upgrades n/a	Hold → Buy	Upgrades	n/a	n/a	Jan 2, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

2.37B

Decreased by -1.51%

from 2.41B

Revenue Next Year

2.47B

Increased by 4.13%

from 2.37B

EPS This Year

3.00

Increased by 0.73%

from 2.98

EPS Next Year

3.40

Increased by 13.40%

from 3.00

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	2.16B	2.48B	2.68B	2.60B	2.41B	2.37B	2.47B	2.57B	2.60B	2.68B
Revenue Growth	-43.50%	14.86%	7.78%	-2.99%	-7.30%	-1.51%	4.13%	4.01%	1.25%	3.11%
EPS	0.47	-0.90	3.67	1.90	2.98	3.00	3.40	3.83	4.15	4.59
EPS Growth	-83.09%	-	-	-48.23%	56.84%	0.73%	13.40%	12.45%	8.44%	10.46%
Forward PE	-	-	-	-	-	11.29	9.96	8.86	8.17	7.39
No. Analysts	-	-	-	-	-	7	7	3	2	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	2.5B	2.7B	2.8B	2.7B	2.8B
Avg	2.4B	2.5B	2.6B	2.6B	2.7B
Low	2.3B	2.3B	2.4B	2.5B	2.6B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	4.4%	11.7%	11.3%	5.3%	7.2%
Avg	-1.5%	4.1%	4.0%	1.2%	3.1%
Low	-5.3%	-2.2%	-2.1%	-1.8%	0.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	3.24	3.73	4.21	4.32	4.77
Avg	3.00	3.40	3.83	4.15	4.59
Low	2.74	3.14	3.50	4.03	4.45

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	8.9%	24.2%	23.7%	12.7%	14.8%
Avg	0.7%	13.4%	12.5%	8.4%	10.5%
Low	-7.9%	4.5%	2.8%	5.2%	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.