Aaron's Stock Hits New 52-Week High (AAN)

NEW YORK (TheStreet) -- Aaron's (NYSE:AAN) hit a new 52-week high Friday as it is currently trading at $29.82, above its previous 52-week high of $29.34 with 565,717 shares traded as of 10:05 a.m. ET. Average volume has been 450,100 shares over the past 30 days.

Aaron's has a market cap of $2.01 billion and is part of the services sector and diversified services industry. Shares are up 7.8% year to date as of the close of trading on Thursday.

Aaron's, Inc. operates as a specialty retailer of consumer electronics, computers, residential furniture, household appliances, and accessories in the United States and Canada. The company has a P/E ratio of 19.9, above the average diversified services industry P/E ratio of 18.9 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Aaron's as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Aaron's Ratings Report.

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