Alert: New Earnings Report (8/1/24)-Upbound Group Inc (NASDAQ: UPBD).

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For its second fiscal quarter (ending June 30), Upbound Group Inc (NASDAQ: UPBD) has reported E.P.S. of $0.62 compared to $-0.83 a year ago. For the latest four quarters through June 30, E.P.S. were $1.00 compared to $-0.02 a year ago.

Recent Price Action

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Upbound Group Inc (NASDAQ: UPBD) stock closed at $35.17 on 8/1/24 after a large decline of -6.8%. Moreover, trading volume in this decline was exceptionally high at 268% of normal. The stock has risen 2.5% during the last week and has performed in line with the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, UPBD is expected to continue to be a major Value Builder.

Upbound Group has a current Value Trend Rating of C (High Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Upbound Group has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 62, triggering the High Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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