Added to YB: 2025-06-16
Pitch date: 2025-04-28
PRG [bullish]
PROG Holdings, Inc.
+3.04%
current return
Author Info
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Company Info
PROG Holdings, Inc., a financial technology holding company, provides payment options to consumers in the United States.
Market Cap
$1.1B
Pitch Price
$25.61
Price Target
46.00 (+66%)
Dividend
1.88%
EV/EBITDA
3.33
P/E
7.00
EV/Sales
0.56
Sector
Consumer Finance
Category
value
PROG Holdings, Inc. - $PRG
$PRG: Quality LTO provider down 50% from highs after Big Lots bankruptcy ($25mm+ EBITDA hit). Still generates $160-165mm FCF (16-17% yield) on $250mm trough EBITDA. Trades at 5.6x EV/EBITDA with strong buybacks (30% shares retired since Q4'21). 20%+ IRR potential despite tariff/recession risks from continued repurchases & profitability rebound.
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