Upbound Group, Inc. (NASDAQ:UPBD) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Upbound Group, Inc. (NASDAQ:UPBD) have been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $34.50.

Separately, Wall Street Zen upgraded Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th.

Upbound Group Stock Down 0.4%

NASDAQ:UPBD opened at $25.32 on Wednesday. The company’s 50-day simple moving average is $24.48 and its 200-day simple moving average is $24.03. The company has a debt-to-equity ratio of 2.29, a quick ratio of 0.83 and a current ratio of 3.11. Upbound Group has a fifty-two week low of $19.65 and a fifty-two week high of $36.00. The stock has a market capitalization of $1.47 billion, a P/E ratio of 14.22 and a beta of 1.77.

Upbound Group (NASDAQ:UPBD) last posted its earnings results on Thursday, July 31st. The company reported $1.12 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.07. The company had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Upbound Group had a net margin of 2.28% and a return on equity of 36.26%. Upbound Group’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.04 earnings per share. Upbound Group has set its FY 2025 guidance at 4.050-4.40 EPS. Q3 2025 guidance at 0.950-1.05 EPS. On average, equities analysts anticipate that Upbound Group will post 4.28 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Jeffrey J. Brown acquired 1,653 shares of Upbound Group stock in a transaction dated Tuesday, July 8th. The stock was purchased at an average cost of $25.90 per share, for a total transaction of $42,812.70. Following the completion of the purchase, the director directly owned 89,400 shares in the company, valued at $2,315,460. This trade represents a 1.88% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.60% of the company’s stock.

Institutional Trading of Upbound Group

A number of hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company grew its stake in shares of Upbound Group by 1.9% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 25,705 shares of the company’s stock worth $645,000 after purchasing an additional 482 shares during the period. TD Private Client Wealth LLC boosted its holdings in Upbound Group by 59.9% during the first quarter. TD Private Client Wealth LLC now owns 1,311 shares of the company’s stock worth $31,000 after buying an additional 491 shares in the last quarter. CWM LLC boosted its holdings in Upbound Group by 35.5% during the first quarter. CWM LLC now owns 1,880 shares of the company’s stock worth $45,000 after buying an additional 493 shares in the last quarter. Inspire Investing LLC grew its position in Upbound Group by 3.9% during the first quarter. Inspire Investing LLC now owns 14,338 shares of the company’s stock valued at $344,000 after buying an additional 540 shares during the period. Finally, Louisiana State Employees Retirement System increased its holdings in Upbound Group by 2.6% in the first quarter. Louisiana State Employees Retirement System now owns 24,100 shares of the company’s stock valued at $577,000 after buying an additional 600 shares in the last quarter. Hedge funds and other institutional investors own 90.30% of the company’s stock.

Upbound Group Company Profile

Upbound Group, Inc leases household durable goods to customers on a lease-to-own basis in the United States, Puerto Rico, and Mexico. It operates through four segments: Rent-A-Center, Acima, Mexico, and Franchising. The company's brands, such as Rent-A-Center and Acima that facilitate consumer transactions across a range of store-based and virtual channels.