Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Upbound Group Inc (NASDAQ: UPBD) weakened during the last several trading days. UPBD’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
On 7/29/24, Upbound Group Inc (NASDAQ: UPBD) stock declined slightly by -0.6%, closing at $36.92. Moreover, this decline was accompanied by above average trading volume at 134% of normal. The stock has performed in line with the market over the last nine months and has risen 12.8% during the last week.
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 61, producing the High Neutral Value Trend Rating.
Be the first to comment