Upbound Group (NASDAQ:UPBD) Stock Price Target Cut by TD Cowen

Upbound Group (NASDAQ:UPBD) had its target price lowered by analysts at TD Cowen from $28.00 to $27.00 in a research note issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s price objective would suggest a potential upside of 72.84% from the stock’s current price.

Other research analysts also recently issued research reports about the company. BTIG Research downgraded Upbound Group from a “buy” rating to a “neutral” rating and set a $28.00 price target on the stock. in a report on Friday, July 31st. Wall Street Zen raised Upbound Group from a “hold” rating to a “buy” rating in a research note on Saturday. Zacks Research upgraded shares of Upbound Group from a “strong sell” rating to a “hold” rating in a report on Monday, September 28th. Finally, Weiss Ratings downgraded shares of Upbound Group from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday, September 21st. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $27.50.

Upbound Group Trading Down 0.6%

Shares of Upbound Group stock traded down $0.10 on Tuesday, hitting $15.62. The stock had a trading volume of 156,466 shares, compared to its average volume of 892,436. The company has a quick ratio of 0.97, a current ratio of 3.22 and a debt-to-equity ratio of 1.94. Upbound Group has a one year low of $15.13 and a one year high of $23.98. The stock’s 50-day simple moving average is $18.41 and its two-hundred day simple moving average is $18.84. The stock has a market cap of $910.70 million, a price-to-earnings ratio of 10.09 and a beta of 1.78.

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

Insider Buying and Selling

In other news, EVP Anthony Blasquez sold 10,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were 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 represents a 18.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Upbound Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. BlackRock Inc. bought a new position in Upbound Group during the second quarter valued at approximately $194,216,000. Ieq Capital LLC purchased a new stake in Upbound Group during the second quarter valued at $37,565,000. Bank of New York Mellon Corp bought a new position in Upbound Group in the second quarter valued at about $18,862,000. Huber Capital Management LLC grew its stake in shares of Upbound Group by 80.2% during the 4th quarter. Huber Capital Management LLC now owns 1,739,045 shares of the company’s stock valued at $30,538,000 after purchasing an additional 773,775 shares during the period. Finally, Pacer Advisors Inc. purchased a new position in shares of Upbound Group in the first quarter worth approximately $7,455,000. Institutional investors own 90.30% of the company’s stock.

Upbound Group Company Profile

Upbound Group, Inc is a provider of branded leasing and alternative-purchase solutions for consumers. The company operates through a network of stores and digital channels, offering access to products such as furniture, appliances, consumer electronics, computers, smartphones and other household merchandise through lease-to-own and related payment arrangements.

Its principal brands include Rent-A-Center, which provides lease-to-own products through company-operated and franchised locations, and Acima, a technology-enabled point-of-sale leasing platform that connects consumers with participating retail merchants.