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PROG (PRG) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

PRG Stock Forecast

PROG (PRG) stock forecast, based on 7 Wall Street analysts, predicts a 12-month average price target of $48.00, with a high of $48.00 and a low of $48.00. This represents a 87.87% increase from the last price of $25.55.

$25 $30 $35 $40 $45 $50 High: $48 Avg: $48 Low: $48 Last Closed Price: $25.55

PRG Stock Rating

PROG stock's rating consensus is Buy, based on 7 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 6 Buy (85.71%), 1 Hold (14.29%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 7 0 1 6 Strong Sell Sell Hold Buy Strong Buy

PRG Price Target Upside V Benchmarks

TypeNameUpside
StockPROG87.87%
SectorIndustrials Stocks 28.19%
IndustryRental & Leasing Service Stocks40.37%

Price Target Trends

1M3M12M
# Anlaysts--5
Avg Price Target--$50.20
Last Closing Price$25.55$25.55$25.55
Upside/Downside--96.48%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25142--7
Mar, 25142--7
Feb, 25151--7
Jan, 25151--7
Dec, 24151--7
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 24, 2024Bobby GriffinRaymond James$48.00$42.4613.05%87.87%
Oct 01, 2024John HechtJefferies$58.00$48.4919.61%127.01%
Sep 10, 2024Bradley ThomasKeyBanc$55.00$45.8120.06%115.26%
Aug 19, 2024Anthony ChukumbaLoop Capital Markets$55.00$43.8125.54%115.26%
Apr 25, 2024Anthony ChukumbaLoop Capital Markets$35.00$35.66-1.85%36.99%
Jun 05, 2023Anthony ChukumbaLoop Capital Markets$34.00$32.973.12%33.07%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Oct 24, 2024Loop Capital MarketsBuyBuyhold
Oct 01, 2024JefferiesBuyBuyhold
Sep 10, 2024KeyBancOverweightOverweighthold
Aug 19, 2024Loop Capital MarketsHoldBuyupgrade
Jul 25, 2024Loop Capital MarketsHoldHoldhold
Jul 25, 2024Cowen & Co.BuyBuyhold
Jul 25, 2024Wells FargoOverweightOverweighthold
Jun 06, 2024BTIGNeutralinitialise
Apr 25, 2024Loop Capital MarketsHoldHoldhold
Apr 25, 2024Cowen & Co.BuyBuyhold

Financial Forecast

EPS Forecast

$1 $2 $3 $4 $5 $6 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$3.47$3.69$1.90$3.02$4.63----
Avg Forecast$3.52$4.00$2.36$3.63$3.37$3.88$4.37$4.73$5.23
High Forecast$3.58$4.07$2.40$3.67$3.38$3.97$4.45$4.84$5.36
Low Forecast$3.44$3.90$2.32$3.60$3.35$3.79$4.22$4.62$5.11
Surprise %-1.42%-7.75%-19.49%-16.80%37.39%----

Revenue Forecast

$2B $2B $3B $3B $3B $3B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$2.48B$2.68B$2.60B$2.41B-----
Avg Forecast$2.49B$2.69B$2.59B$2.40B$2.45B$2.62B$2.77B$2.78B$2.87B
High Forecast$2.52B$2.73B$2.62B$2.44B$2.46B$2.66B$2.82B$2.83B$2.92B
Low Forecast$2.44B$2.64B$2.55B$2.38B$2.41B$2.60B$2.72B$2.73B$2.82B
Surprise %-0.22%-0.49%0.45%0.55%-----

Net Income Forecast

$50M $90M $130M $170M $210M $250M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$233.63M$243.56M$98.71M$138.84M$197.25M----
Avg Forecast$163.90M$195.25M$150.68M$138.84M$156.68M$180.56M$201.90M$220.29M$243.46M
High Forecast$166.87M$234.30M$180.82M$166.61M$157.38M$184.79M$207.14M$225.47M$249.31M
Low Forecast$159.98M$156.20M$120.55M$111.07M$155.98M$176.33M$196.66M$215.10M$237.84M
Surprise %42.55%24.74%-34.49%-25.89%----

PRG Forecast FAQ

Is PROG stock a buy?

PROG stock has a consensus rating of Buy, based on 7 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 6 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that PROG is a favorable investment for most analysts.

What is PROG's price target?

PROG's price target, set by 7 Wall Street analysts, averages $48 over the next 12 months. The price target range spans from $48 at the low end to $48 at the high end, suggesting a potential 87.87% change from the previous closing price of $25.55.

How does PROG stock forecast compare to its benchmarks?

PROG's stock forecast shows a 87.87% upside, outperforming the average forecast for the industrials stocks sector (28.19%) and outperforming the rental & leasing service stocks industry (40.37%).

What is the breakdown of analyst ratings for PROG over the past three months?

  • April 2025: 14.29% Strong Buy, 57.14% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 14.29% Strong Buy, 57.14% Buy, 28.57% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 14.29% Strong Buy, 71.43% Buy, 14.29% Hold, 0% Sell, 0% Strong Sell.

What is PROG’s EPS forecast?

PROG's average annual EPS forecast for its fiscal year ending in December 2025 is $3.88, marking a -16.20% decrease from the reported $4.63 in 2024. Estimates for the following years are $4.37 in 2026, $4.73 in 2027, and $5.23 in 2028.

What is PROG’s revenue forecast?

PROG's average annual revenue forecast for its fiscal year ending in December 2025 is $2.62B, reflecting a 0% decrease from the reported $0 in 2024. The forecast for 2026 is $2.77B, followed by $2.78B for 2027, and $2.87B for 2028.

What is PROG’s net income forecast?

PROG's net income forecast for the fiscal year ending in December 2025 stands at $180.56M, representing a -8.46% decrease from the reported $197.25M in 2024. Projections indicate $201.9M in 2026, $220.29M in 2027, and $243.46M in 2028.