Alert: Negative Investment/Fundamental Signals (9/12/24)-Upbound Group Inc (NASDAQ: UPBD)

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Upbound Group Inc (NASDAQ: UPBD) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its shorter term price trend turned down, and its longer term price trend turned down.

Recent notable negative changes in fundamentals have impacted Upbound Group Inc (NASDAQ: UPBD): the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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 consistent signals from two proprietary PTR measures of a stock’s attractiveness. Upbound Group has a slightly positive Appreciation Score of 70 and a neutral Power Rating of 47, and the High Neutral Value Trend Rating results.

Recent Price Action

Upbound Group Inc (NASDAQ: UPBD) stock declined slightly by -0.3% on 9/12/24. The stock closed at $29.82. However, this decline was accompanied by unusually low trading volume at 66% of normal. The stock has performed in line with the market over the last nine months and has declined -8.7% during the last week.

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