Added to YB: 2024-05-21
Pitch date: 2024-05-20
AAN [bullish]
The Aaron's Company, Inc.
+35.92%
current return
Author Info
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Company Info
The Aaron's Company, Inc. provides lease-to-own and retail purchase solutions. It operates through Aaron's Business and BrandsMart segments.
Market Cap
$309.9M
Pitch Price
$7.42
Price Target
9.30 (-8%)
Dividend
4.96%
EV/EBITDA
3.57
P/E
-7.25
EV/Sales
0.47
Sector
Specialty Retail
Category
turnaround
The Aaron's Company - $AAN
AAN: Lease-to-own retailer in recovering industry. Shares -68% in 5yrs, 6.5% div yield, 1.5x net debt/EBITDA. Trades at 3.5x EBITDA, 10x FCF, 0.45x TBV on depressed fundamentals. Seeing signs of recovery: slowing lease portfolio decline, stable margins. 5yr plan working with store closures & ecommerce growth. $9.30 PT conservative. Risks: mgmt, BrandsMart acquisition, operating leverage.
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