Steven Michaels - Aarons President

AAN Stock  USD 7.35  0.02  0.27%   

President

Mr. Steven A. Michaels, CPA., is Chief Financial Officer, President Strategic Operations of the Company. Mr. Michaels Chief Financial Officer and President of Strategic Operations since February 2016. Mr. Michaels previously served as President from April 2014 until February 2016, Vice President Strategic Planning Business Development from 2013 until April 2014, Vice President, Finance from 2012 until April 2014 and Vice President, Finance, Aarons Sales Lease Ownership Division from 2008 until 2011. since 2020.
Age 46
Tenure 4 years
Professional MarksCPA
Address 400 Galleria Parkway SE, Atlanta, GA, United States, 30339-3182
Phone678 402 3000
Webhttps://www.aarons.com

Aarons Management Efficiency

The company has Return on Asset of 0.0354 % which means that on every $100 spent on assets, it made $0.0354 of profit. This is way below average. Aarons' management efficiency ratios could be used to measure how well Aarons manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of April 2024, Return On Tangible Assets is likely to drop to 0. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Aarons' Net Tangible Assets are very stable compared to the past year. As of the 23rd of April 2024, Intangibles To Total Assets is likely to grow to 0.12, while Total Assets are likely to drop about 1.3 B.
The company has 696.65 M in debt with debt to equity (D/E) ratio of 1.09, which is OK given its current industry classification. Aarons has a current ratio of 3.75, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Aarons until it has trouble settling it off, either with new capital or with free cash flow. So, Aarons' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Aarons sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Aarons to invest in growth at high rates of return. When we think about Aarons' use of debt, we should always consider it together with cash and equity.

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The Aarons Company, Inc. provides lease-to-own and purchase solutions. The Aarons Company, Inc. was founded in 1955 and is headquartered in Atlanta, Georgia. Aarons Holdings operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 9170 people. The Aarons (AAN) is traded on New York Stock Exchange in USA. It is located in 400 Galleria Parkway SE, Atlanta, GA, United States, 30339-3182 and employs 9,071 people. Aarons is listed under Homefurnishing Retail category by Fama And French industry classification.

Management Performance

Aarons Leadership Team

Elected by the shareholders, the Aarons' board of directors comprises two types of representatives: Aarons inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aarons. The board's role is to monitor Aarons' management team and ensure that shareholders' interests are well served. Aarons' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aarons' outside directors are responsible for providing unbiased perspectives on the board's policies.
Blake Wakefield, President and Chief Revenue Officer of the Progressive Leasing business
Michael Ryan, Vice President - Franchising
Leo Benatar, Lead Independent Director
Stephen Olsen, President
John Robinson, President, Chief Executive Officer, Director
Walter Ehmer, Independent Director
Denise McElraevy, IR Contact Officer
Michael Dickerson, IR Contact Officer
Kelly Barrett, Independent Director
Keith Hancock, Senior Affairs
Robert Kamerschen, Executive Vice President, Chief Administrative Officer, General Counsel, Corporate Secretary
Tristan Montanero, Sr. VP of Operations
John Trainor, Vice President CIO
Douglas Curling, Independent Director
Matthew Avril, Director
Douglass Noe, Principal Accounting Officer, Vice President Corporate Controller
Cynthia Day, Independent Director
Douglas Lindsay, Chief Executive Officer - Aaron’s Business
Kelly Wall, Interim Chief Financial Officer
Gilbert Danielson, CFO and Executive VP
Ray Robinson, Independent Chairman of the Board
Rachel George, Executive Vice President, General Counsel, Corporate Secretary, Chief Compliance Officer and Chief Corporate Affairs Officer
Curt Doman, Director
Steve Olsen, President - Aaron’s Business
James Cates, Senior Group Vice President
Robert Yanker, Independent Director
C Wall, Chief Financial Officer, Executive Vice President
R Sr, Founder Emeritus
Russell Falkenstein, Executive LeasetoOwn
Kathy Betty, Independent Director
Marvonia Moore, Independent Director
Mario Hansbrough, IR Contact Officer
Eugene Lockhart, Director
Robert Sinclair, Vice President Corporate Controller
Chad Strickland, Senior Vice President - Associate Resources
Hubert Harris, Lead Independent Director
Brian Garner, Chief Financial Officer
Ryan Woodley, Chief Executive Officer of Progressive Finance Holdings, LLC
Matt Sewell, Principal Accounting Officer
Timothy Johnson, Independent Director
Laura Bailey, Independent Director
Marvin Fentress, General Counsel, Corporate Secretary
Steven Michaels, Chief Financial Officer, President - Strategic Operations
Curtis Doman, Chief Product Officer Progressive,Director

Aarons Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Aarons a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aarons in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aarons' short interest history, or implied volatility extrapolated from Aarons options trading.

Pair Trading with Aarons

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aarons position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aarons will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Aarons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aarons when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aarons - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling The Aarons to buy it.
The correlation of Aarons is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aarons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aarons moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aarons can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Aarons offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Aarons' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Aarons Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Aarons Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in The Aarons. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Aarons information on this page should be used as a complementary analysis to other Aarons' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for Aarons Stock analysis

When running Aarons' price analysis, check to measure Aarons' 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 Aarons is operating at the current time. Most of Aarons' value examination focuses on studying past and present price action to predict the probability of Aarons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aarons' price. Additionally, you may evaluate how the addition of Aarons to your portfolios can decrease your overall portfolio volatility.
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Is Aarons' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aarons. If investors know Aarons will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aarons listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.40)
Dividend Share
0.5
Earnings Share
0.09
Revenue Per Share
69.527
Quarterly Revenue Growth
(0.10)
The market value of Aarons is measured differently than its book value, which is the value of Aarons that is recorded on the company's balance sheet. Investors also form their own opinion of Aarons' value that differs from its market value or its book value, called intrinsic value, which is Aarons' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aarons' market value can be influenced by many factors that don't directly affect Aarons' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aarons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aarons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aarons' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.