Upbound Group (NASDAQ:UPBD) Downgraded to Strong Sell Rating by Zacks Research

Upbound Group (NASDAQ:UPBD) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Monday,Zacks.com reports.

Several other equities research analysts have also commented on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Upbound Group in a research report on Wednesday, June 24th. Wall Street Zen lowered shares of Upbound Group from a “buy” rating to a “hold” rating in a research report on Saturday. BTIG Research downgraded Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price objective for the company. in a research report on Friday. Finally, TD Cowen dropped their price objective on shares of Upbound Group from $29.00 to $28.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Upbound Group presently has a consensus rating of “Hold” and an average target price of $30.67.

Upbound Group Stock Performance

NASDAQ UPBD opened at $20.53 on Monday. The business has a 50 day moving average price of $19.91 and a 200 day moving average price of $19.41. The company has a market capitalization of $1.20 billion, a P/E ratio of 13.33 and a beta of 1.79. Upbound Group has a 1-year low of $15.82 and a 1-year high of $28.02. The company has a debt-to-equity ratio of 1.94, a current ratio of 3.22 and a quick ratio of 0.88.

Upbound Group (NASDAQ:UPBD) last posted its earnings results on Thursday, July 30th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.05 by $0.02. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.16 billion. Upbound Group had a return on equity of 34.53% and a net margin of 1.90%.Upbound Group’s quarterly revenue was up .5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.12 earnings per share. 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. Sell-side analysts expect that Upbound Group will post 4.15 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Jeffrey J. Brown purchased 2,295 shares of Upbound Group stock in a transaction that occurred on Tuesday, July 7th. The shares were purchased at an average cost of $20.09 per share, with a total value of $46,106.55. Following the transaction, the director owned 96,681 shares of the company’s stock, valued at approximately $1,942,321.29. The trade was a 2.43% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.20% of the company’s stock.

Institutional Trading of Upbound Group

Several large investors have recently bought and sold shares of the company. Summit Global Investments acquired a new stake in shares of Upbound Group during the second quarter valued at about $779,000. Redhawk Wealth Advisors Inc. purchased a new position in Upbound Group in the second quarter valued at about $472,000. GAMMA Investing LLC grew its stake in Upbound Group by 18.2% during the 2nd quarter. GAMMA Investing LLC now owns 3,360 shares of the company’s stock valued at $71,000 after purchasing an additional 518 shares in the last quarter. Moody National Bank Trust Division acquired a new stake in Upbound Group during the 2nd quarter valued at approximately $227,000. Finally, Pacer Advisors Inc. purchased a new stake in Upbound Group during the 1st quarter worth approximately $7,455,000. Institutional investors and hedge funds 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. It offers furniture comprising mattresses, tires, consumer electronics, appliances, tools, handbags, computers, smartphones, and accessories.