Upbound Group, Inc. (NASDAQ:UPBD) Receives Average Rating of “Hold” from Brokerages

Shares of Upbound Group, Inc. (NASDAQ:UPBD) have received an average recommendation of “Hold” from the five brokerages that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $30.6667.

UPBD has been the subject of a number of research analyst reports. Zacks Research lowered shares of Upbound Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. BTIG Research lowered shares of Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective on the stock. in a research note on Friday, July 31st. TD Cowen cut their target price on shares of Upbound Group from $29.00 to $28.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Weiss Ratings raised shares of Upbound Group from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 25th. Finally, Wall Street Zen cut shares of Upbound Group from a “buy” rating to a “hold” rating in a report on Saturday, August 1st.

Upbound Group Stock Up 0.6%

Shares of Upbound Group stock opened at $18.31 on Friday. The stock has a 50-day moving average price of $19.90 and a 200 day moving average price of $19.23. The company has a market cap of $1.07 billion, a P/E ratio of 11.89 and a beta of 1.77. The company has a current ratio of 3.22, a quick ratio of 0.97 and a debt-to-equity ratio of 1.94. Upbound Group has a 1 year low of $15.82 and a 1 year high of $28.02.

Upbound Group (NASDAQ:UPBD) last announced its quarterly earnings data on Thursday, July 30th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%.The firm had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same period last year, the company posted $1.12 EPS. The business’s quarterly revenue was up .5% compared to the same quarter last year. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. As a group, analysts expect that Upbound Group will post 4.15 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Jeffrey J. Brown bought 2,295 shares of the company’s stock in a transaction on Tuesday, July 7th. The shares were bought at an average cost of $20.09 per share, with a total value of $46,106.55. Following the transaction, the director directly owned 96,681 shares in the company, valued at approximately $1,942,321.29. This trade represents a 2.43% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Anthony J. Blasquez sold 10,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $18.85, for a total value of $188,500.00. Following the sale, the executive vice president directly owned 43,717 shares of the company’s stock, valued at $824,065.45. This trade represents a 18.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 1.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Upbound Group

A number of hedge funds have recently added to or reduced their stakes in the company. IFP Advisors Inc grew its position in Upbound Group by 299.3% in the second quarter. IFP Advisors Inc now owns 1,214 shares of the company’s stock worth $26,000 after acquiring an additional 910 shares in the last quarter. Quarry LP raised its holdings in shares of Upbound Group by 913.1% during the 3rd quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after purchasing an additional 1,251 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Upbound Group by 238.3% during the 4th quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock valued at $25,000 after purchasing an additional 1,020 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Upbound Group in the 2nd quarter valued at $46,000. Finally, Allworth Financial LP bought a new stake in Upbound Group in the second quarter worth $50,000. Institutional investors and hedge funds own 90.30% of the company’s stock.

Upbound Group Company Profile

Upbound Group, Inc is a consumer leasing and retail services company headquartered in Plano, Texas. The company operates through two primary brands: Rent-A-Center, a lease-to-own provider, and Acima, a technology-enabled point-of-sale leasing platform. Its services are designed to give consumers access to household and consumer products through flexible leasing arrangements, including options that may not require traditional credit.

Rent-A-Center offers furniture, appliances, electronics, computers, smartphones and other durable goods through company-operated and franchised stores, as well as digital channels.