Upbound Group (NASDAQ:UPBD) Stock Rating Upgraded by Zacks Research

Upbound Group (NASDAQ:UPBD) was upgraded by equities researchers at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Wednesday,Zacks.com reports.

Other research analysts have also issued research reports about the company. Wall Street Zen upgraded Upbound Group from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Weiss Ratings reissued a “hold (c-)” rating on shares of Upbound Group in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $31.33.

Upbound Group Trading Up 1.1%

NASDAQ:UPBD opened at $17.70 on Wednesday. The company has a debt-to-equity ratio of 2.01, a current ratio of 3.06 and a quick ratio of 0.88. The firm has a 50-day moving average of $18.36 and a 200-day moving average of $18.76. The company has a market cap of $1.03 billion, a PE ratio of 12.38 and a beta of 1.83. Upbound Group has a one year low of $15.82 and a one year high of $28.02.

Upbound Group (NASDAQ:UPBD) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $1.06 by $0.02. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Upbound Group had a net margin of 1.78% and a return on equity of 35.56%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.00 EPS. Upbound Group has set its Q2 2026 guidance at 1.000-1.100 EPS and its FY 2026 guidance at 4.000-4.350 EPS. As a group, equities research analysts expect that Upbound Group will post 4.15 EPS for the current fiscal year.

Insider Transactions at Upbound Group

In related news, Director Jeffrey J. Brown acquired 2,329 shares of the stock in a transaction on Tuesday, April 28th. The shares were acquired at an average price of $19.41 per share, with a total value of $45,205.89. Following the completion of the transaction, the director owned 94,840 shares in the company, valued at approximately $1,840,844.40. The trade was a 2.52% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.60% of the company’s stock.

Institutional Investors Weigh In On Upbound Group

Several large investors have recently modified their holdings of UPBD. FNY Investment Advisers LLC bought a new stake in shares of Upbound Group in the 3rd quarter worth approximately $32,000. Quarry LP grew its holdings in Upbound Group by 913.1% during the third quarter. Quarry LP now owns 1,388 shares of the company’s stock valued at $33,000 after purchasing an additional 1,251 shares during the period. Hantz Financial Services Inc. increased its position in Upbound Group by 238.3% in the fourth quarter. Hantz Financial Services Inc. now owns 1,448 shares of the company’s stock worth $25,000 after buying an additional 1,020 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Upbound Group by 18.7% in the fourth quarter. Public Employees Retirement System of Ohio now owns 3,400 shares of the company’s stock valued at $60,000 after buying an additional 535 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of Upbound Group by 49.9% in the first quarter. PNC Financial Services Group Inc. now owns 3,685 shares of the company’s stock valued at $67,000 after buying an additional 1,226 shares during the period. Hedge funds and other institutional investors own 90.30% of the company’s stock.

About Upbound Group

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.