Aaron's continues its bullish trend in order to test new highest level.
From a fundamental viewpoint, the company is strong. It has a reasonable valuation with an EV/Sales ratio of 1.01x. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. The great business predictability emphasizes the quality of this investment in the mid-term.
Technically, the security is in an uptrend on all time scales and it is supported by moving averages. The bullish trend will not be stopped until prices are above the USD 34 short term support. This trend should allow the stock to reach its USD 39.4 long term resistance, which will be the first target price.
For reasons above exposed, investors could benefit from the upward trend on Aaron's by opening long positions on the current opening price (USD 36 / -4.7%). A first target could be set at the USD 39.4 and new bullish aim could be further reached. The return under USD 34 would invalidate the recovery scenario and trigger the stop-loss order.
The Aaronâs Company, Inc. is a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions for appliances, electronics, furniture, and other home goods across its brands, including Aaronâs, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. The Company offers a direct-to-consumer lease-to-own solution through its approximately 1,240 Company-operated and franchised stores in 47 states and Canada, as well as its own e-commerce platform. BrandsMart U.S.A. is an appliance retailer in the country with about 11 retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. The Companyâs business segment consists of Aaron's branded Company-operated and franchise-operated stores; aarons.com e-commerce platform (aarons.com); Woodhaven; and BrandsMart Leasing (collectively Aaronâs Business).
THE AARON'S COMPANY, INC. 
