Dean Investment Associates LLC Reduces Holdings in PROG Holdings, Inc. - MarketBeat
PRG Stock | USD 42.15 0.88 2.05% |
Roughly 67% of PROG Holdings' investor base is looking to short. The analysis of the overall prospects from investing in PROG Holdings suggests that many traders are, at the present time, alarmed. The current market sentiment, together with PROG Holdings' historical and current headlines, can help investors time the market. In addition, many technical investors use PROG Holdings stock news signals to limit their universe of possible portfolio assets.
PROG |
Dean Investment Associates LLC Reduces Holdings in PROG Holdings, Inc. MarketBeat
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PROG Holdings Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards PROG Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
PROG Holdings Fundamental Analysis
We analyze PROG Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PROG Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PROG Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
PROG Holdings is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
PROG Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with PROG Holdings stock to make a market-neutral strategy. Peer analysis of PROG Holdings could also be used in its relative valuation, which is a method of valuing PROG Holdings by comparing valuation metrics with similar companies.
Peers
PROG Holdings Related Equities
70082LAB3 | 70082LAB3 | 2.51 | ||||
MSTSX | Morningstar Unconstrained | 0.19 | ||||
RRTLX | T Rowe | 0.17 | ||||
VIASP | Via Renewables | 0.17 | ||||
LBHIX | Thrivent High | 0.24 | ||||
ATGE | Adtalem Global | 1.35 | ||||
PIPR | Piper Sandler | 1.59 | ||||
EPAC | Enerpac Tool | 1.87 |
Complementary Tools for PROG Stock analysis
When running PROG Holdings' price analysis, check to measure PROG Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PROG Holdings is operating at the current time. Most of PROG Holdings' value examination focuses on studying past and present price action to predict the probability of PROG Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PROG Holdings' price. Additionally, you may evaluate how the addition of PROG Holdings to your portfolios can decrease your overall portfolio volatility.
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