For its third fiscal quarter (ending September 30), Upbound Group Inc (NASDAQ: UPBD) has reported a 600% increase in E.P.S. from $0.08 a year ago to $0.56 in the current quarter. E.P.S. were $1.48 for the latest four quarters through September 30 versus $0.16 for the same period a year ago — an increase of 825%.
Recent Price Action
Upbound Group Inc (NASDAQ: UPBD) stock enjoyed a very large increase of 8.0% on 10/31/24. The shares closed at $29.24. Moreover, trading volume in this advance was above average at 148% of normal. The stock has been weak relative to the market over the last nine months but has risen 5.9% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Upbound Group has a neutral Power Rating of 53 but a good Appreciation Score of 73, and the High Neutral Value Trend Rating results.
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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