PROG Statistics

Share Statistics

PROG has 39.54M shares outstanding. The number of shares has increased by -4.65% in one year.

Shares Outstanding	39.54M
Shares Change (YoY)	-4.65%
Shares Change (QoQ)	-1.13%
Owned by Institutions (%)	96.75%
Shares Floating	38.37M
Failed to Deliver (FTD) Shares	8
FTD / Avg. Volume	n/a

Short Selling Information

The latest short interest is 1.7M, so 4.29% of the outstanding shares have been sold short.

Short Interest	1.7M
Short % of Shares Out	4.29%
Short % of Float	6.49%
Short Ratio (days to cover)	5.06

Valuation Ratios

The PE ratio is 9.12 and the forward PE ratio is 8.54. PROG's PEG ratio is 0.17.

PE Ratio	9.12
Forward PE	8.54
PS Ratio	0.73
Forward PS	0.5
PB Ratio	2.77
P/FCF Ratio	13.82
PEG Ratio	0.17

Financial Ratio History

Enterprise Valuation

PROG has an Enterprise Value (EV) of 2.36B.

EV / Sales	0.96
EV / EBITDA	1.27
EV / EBIT	17.03
EV / FCF	18.12

Financial Position

The company has a current ratio of 5.94, with a Debt / Equity ratio of 1.01.

Current Ratio	5.94
Quick Ratio	2.18
Debt / Equity	1.01
Debt / EBITDA	0.35
Debt / FCF	5.03
Interest Coverage	5.02

Financial Efficiency

Return on Equity is 30.33% and Return on Invested Capital is 17.03%.

Return on Equity	30.33%
Return on Assets	13.03%
Return on Invested Capital	17.03%
Revenue Per Employee	$1.76M
Profits Per Employee	$140.59K
Employee Count	1,403
Asset Turnover	1.63
Inventory Turnover	n/a

Taxes

Income Tax	-33.64M
Effective Tax Rate	-20.56%

Stock Price Statistics

The stock price has increased by -20.06% in the last 52 weeks. The beta is 1.72, so PROG's price volatility has been higher than the market average.

Beta	1.72
52-Week Price Change	-20.06%
50-Day Moving Average	29.92
200-Day Moving Average	34.91
Relative Strength Index (RSI)	54.73
Average Volume (20 Days)	446,091

Income Statement

In the last 12 months, PROG had revenue of 2.46B and earned 197.25M in profits. Earnings per share was 4.63.

Revenue	2.46B
Gross Profit	815.42M
Operating Income	194.9M
Net Income	197.25M
EBITDA	1.85B
EBIT	202.42M
Earnings Per Share (EPS)	4.63

Full Income Statement

Balance Sheet

The company has 95.66M in cash and 655.06M in debt, giving a net cash position of -559.4M.

Cash & Cash Equivalents	95.66M
Total Debt	655.06M
Net Cash	-559.4M
Retained Earnings	1.47B
Total Assets	1.45B
Working Capital	894.24M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 138.53M and capital expenditures -8.32M, giving a free cash flow of 130.21M.

Operating Cash Flow	138.53M
Capital Expenditures	-8.32M
Free Cash Flow	130.21M
FCF Per Share	3.06

Full Cash Flow Statement

Margins

Gross margin is 33.1%, with operating and profit margins of 7.91% and 8.01%.

Gross Margin	33.1%
Operating Margin	7.91%
Pretax Margin	6.64%
Profit Margin	8.01%
EBITDA Margin	75.12%
EBIT Margin	7.91%
FCF Margin	5.29%

Dividends & Yields

PRG pays an annual dividend of $0.63, which amounts to a dividend yield of 1.63%.

Dividend Per Share	$0.63
Dividend Yield	1.63%
Dividend Growth (YoY)	8.33%
Payout Ratio	12.48%
Earnings Yield	10.96%
FCF Yield	7.24%

Dividend Details

Analyst Forecast

The average price target for PRG is $42.5, which is 31.9% higher than the current price. The consensus rating is "Buy".

Price Target	$42.5
Price Target Difference	31.9%
Analyst Consensus	Buy
Analyst Count	6

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$27.5
Lynch Upside	-14.68%
Graham Number	39.89
Graham Upside	23.77%

Stock Splits

The last stock split was on Dec 1, 2020. It was a forward split with a ratio of 1179:1000.

Last Split Date	Dec 1, 2020
Split Type	forward
Split Ratio	1179:1000

Scores

Altman Z-Score	5
Piotroski F-Score	6

PROG Inc. (PRG)