PROG Common Stock Shares Outstanding vs Other Stockholder Equity Analysis

PRG Stock  USD 47.42  1.08  2.33%   
PROG Holdings financial indicator trend analysis is much more than just breaking down PROG Holdings prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether PROG Holdings is a good investment. Please check the relationship between PROG Holdings Common Stock Shares Outstanding and its Other Stockholder Equity accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.

Common Stock Shares Outstanding vs Other Stockholder Equity

Common Stock Shares Outstanding vs Other Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of PROG Holdings Common Stock Shares Outstanding account and Other Stockholder Equity. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between PROG Holdings' Common Stock Shares Outstanding and Other Stockholder Equity is 0.48. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of PROG Holdings, assuming nothing else is changed. The correlation between historical values of PROG Holdings' Common Stock Shares Outstanding and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of PROG Holdings are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Common Stock Shares Outstanding i.e., PROG Holdings' Common Stock Shares Outstanding and Other Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.48
Relationship DirectionPositive 
Relationship StrengthWeak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Other Stockholder Equity

Most indicators from PROG Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into PROG Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.At this time, PROG Holdings' Enterprise Value Multiple is most likely to decrease significantly in the upcoming years. The PROG Holdings' current Enterprise Value is estimated to increase to about 3.2 B, while Discontinued Operations is forecasted to increase to (252.3 M).
 2021 2022 2023 2024 (projected)
Total Revenue2.7B2.6B2.4B1.5B
Interest Expense5.3M37.4M29.4M30.9M

PROG Holdings fundamental ratios Correlations

0.540.940.460.920.72-0.360.490.620.170.9-0.040.950.320.41-0.06-0.070.60.960.630.90.340.910.71-0.230.71
0.540.30.90.490.510.22-0.070.91-0.530.76-0.090.51-0.20.280.07-0.020.790.50.190.510.090.580.340.550.34
0.940.30.220.90.66-0.410.620.370.30.70.00.930.320.38-0.09-0.090.470.930.60.870.360.90.67-0.420.67
0.460.90.220.410.440.2-0.190.86-0.510.69-0.290.39-0.220.37-0.33-0.390.780.440.160.420.140.530.20.480.2
0.920.490.90.410.63-0.290.290.51-0.050.79-0.070.830.150.37-0.07-0.110.570.870.40.830.350.850.76-0.110.76
0.720.510.660.440.630.180.430.68-0.080.670.210.660.56-0.060.020.10.480.770.640.4-0.360.780.560.080.56
-0.360.22-0.410.2-0.290.18-0.260.17-0.66-0.24-0.05-0.32-0.27-0.140.190.160.03-0.24-0.09-0.47-0.64-0.17-0.090.63-0.09
0.49-0.070.62-0.190.290.43-0.260.120.480.240.240.530.460.090.20.260.120.620.520.480.010.550.48-0.450.48
0.620.910.370.860.510.680.170.12-0.420.85-0.040.540.140.190.060.050.710.630.40.5-0.090.650.490.480.5
0.17-0.530.3-0.51-0.05-0.08-0.660.48-0.42-0.040.130.230.460.08-0.15-0.06-0.270.110.350.170.29-0.01-0.1-0.91-0.1
0.90.760.70.690.790.67-0.240.240.85-0.04-0.080.820.260.38-0.01-0.020.680.830.550.780.250.780.640.060.64
-0.04-0.090.0-0.29-0.070.21-0.050.24-0.040.13-0.08-0.120.41-0.780.390.53-0.03-0.02-0.23-0.22-0.53-0.130.140.010.14
0.950.510.930.390.830.66-0.320.530.540.230.82-0.120.230.530.01-0.040.540.920.710.920.420.890.57-0.280.57
0.32-0.20.32-0.220.150.56-0.270.460.140.460.260.410.23-0.460.090.3-0.180.350.570.0-0.430.250.24-0.280.24
0.410.280.380.370.37-0.06-0.140.090.190.080.38-0.780.53-0.46-0.29-0.470.330.380.330.640.750.40.17-0.250.17
-0.060.07-0.09-0.33-0.070.020.190.20.06-0.15-0.010.390.010.09-0.290.97-0.22-0.050.03-0.05-0.28-0.130.250.310.25
-0.07-0.02-0.09-0.39-0.110.10.160.260.05-0.06-0.020.53-0.040.3-0.470.97-0.27-0.050.07-0.14-0.44-0.150.260.260.26
0.60.790.470.780.570.480.030.120.71-0.270.68-0.030.54-0.180.33-0.22-0.270.560.110.590.170.620.470.20.47
0.960.50.930.440.870.77-0.240.620.630.110.83-0.020.920.350.38-0.05-0.050.560.670.860.230.950.73-0.180.73
0.630.190.60.160.40.64-0.090.520.40.350.55-0.230.710.570.330.030.070.110.670.490.040.620.27-0.250.27
0.90.510.870.420.830.4-0.470.480.50.170.78-0.220.920.00.64-0.05-0.140.590.860.490.650.840.6-0.250.6
0.340.090.360.140.35-0.36-0.640.01-0.090.290.25-0.530.42-0.430.75-0.28-0.440.170.230.040.650.250.0-0.40.0
0.910.580.90.530.850.78-0.170.550.65-0.010.78-0.130.890.250.4-0.13-0.150.620.950.620.840.250.62-0.090.62
0.710.340.670.20.760.56-0.090.480.49-0.10.640.140.570.240.170.250.260.470.730.270.60.00.62-0.021.0
-0.230.55-0.420.48-0.110.080.63-0.450.48-0.910.060.01-0.28-0.28-0.250.310.260.2-0.18-0.25-0.25-0.4-0.09-0.02-0.02
0.710.340.670.20.760.56-0.090.480.5-0.10.640.140.570.240.170.250.260.470.730.270.60.00.621.0-0.02
Click cells to compare fundamentals

PROG Holdings Account Relationship Matchups

PROG Holdings fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets3.3B1.3B1.6B1.5B1.5B1.1B
Short Long Term Debt Total710.4M79.5M615.1M612.1M608.1M638.5M
Total Stockholder Equity1.7B986.1M679.4M570.5M591.3M642.9M
Net Debt652.7M42.9M444.9M480.2M452.7M475.3M
Retained Earnings2.0B1.2B1.1B1.2B1.3B666.6M
Non Current Assets Total1.5B490.5M489.4M449.2M1.1B1.1B
Non Currrent Assets Other31.9M39.6M7.4M6.5M647.8M680.2M
Common Stock Shares Outstanding67.3M67.3M66.0M51.9M46.6M74.4M
Liabilities And Stockholders Equity3.3B1.3B1.6B1.5B1.5B1.1B
Non Current Liabilities Total1.0B206.5M761.3M749.3M743.0M780.1M
Other Stockholder Equity(337.7M)(295.6M)(417.2M)(624.8M)(742.8M)(705.6M)
Total Liab1.6B331.3M942.4M921.4M899.9M490.0M
Other Current Liab(194.4M)(50M)122.2M120.6M68.9M79.1M
Total Current Liabilities539.7M124.8M181.0M172.1M156.9M204.9M
Property Plant And Equipment Net566.9M47.3M43.1M35.7M33.4M31.7M
Accounts Payable272.8M78.2M13.7M14.4M20.2M19.2M
Cash57.8M36.6M170.2M131.9M155.4M163.2M
Cash And Short Term Investments57.8M36.6M170.2M131.9M155.4M163.2M
Net Receivables198.1M140.4M199.9M214.4M194.7M204.4M
Inventory1.4B610.3M714.1M648.0M633.4M784.6M
Property Plant And Equipment Gross431.8M28.3M43.1M35.7M94.8M186.5M
Total Current Assets1.8B826.9M1.1B1.0B419.4M663.9M
Other Current Assets114.3M39.6M48.2M48.5M(564.2M)(536.0M)
Current Deferred Revenue91.9M46.6M45.1M37.1M35.7M58.2M
Short Term Debt369.4M50M589.7M591.0M679.6M713.6M
Intangible Assets190.8M154.4M137.3M114.4M91.7M114.5M
Good Will736.6M288.8M306.2M296.1M340.5M391.8M
Other Assets661.7M1.1B913.4M846.4M973.3M651.3M
Long Term Debt338.4M50M589.7M591.0M592.3M455.0M
Long Term Debt Total341.0M50M589.7M591.0M531.9M347.0M
Capital Surpluse290.2M318.3M332.2M338.8M389.6M319.4M
Treasury Stock(567.8M)(627.9M)(613.9M)(749.4M)(674.5M)(708.2M)
Property Plant Equipment41.8M35.8M43.1M683.8M615.4M646.2M
Other Liab144.5M173.5M191.3M174.3M156.9M189.8M
Net Tangible Assets1.3B531.4M235.9M160.0M144.0M136.8M

Currently Active Assets on Macroaxis

When determining whether PROG Holdings is a strong investment it is important to analyze PROG Holdings' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact PROG Holdings' future performance. For an informed investment choice regarding PROG Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in PROG Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in PROG Stock please use our How to Invest in PROG Holdings guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Industrial Machinery & Supplies & Components space 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 PROG Holdings. If investors know PROG 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 PROG Holdings 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
1.553
Dividend Share
0.36
Earnings Share
3.61
Revenue Per Share
55.825
Quarterly Revenue Growth
0.04
The market value of PROG Holdings is measured differently than its book value, which is the value of PROG that is recorded on the company's balance sheet. Investors also form their own opinion of PROG Holdings' value that differs from its market value or its book value, called intrinsic value, which is PROG Holdings' 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 PROG Holdings' market value can be influenced by many factors that don't directly affect PROG Holdings' 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 PROG Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if PROG Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PROG Holdings' 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.