Currently, there are 57.83M common shares owned by the public and among those 51.43M shares have been available to trade.
The company’s stock has a 5-day price change of -8.88% and -13.50% over the past three months. UPBD shares are trading -21.56% year to date (YTD), with the 12-month market performance down to -28.83% lower. It has a 12-month low price of $19.68 and touched a high of $38.72 over the same period. UPBD has an average intraday trading volume of 582.00K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.37%, -0.75%, and -19.63% respectively.
Institutional ownership of Upbound Group Inc (NASDAQ: UPBD) shares accounts for 83.56% of the company’s 57.83M shares outstanding.
It has a market capitalization of $1.32B and a beta (3y monthly) value of 1.76. The stock’s trailing 12-month PE ratio is 10.71, while the earnings-per-share (ttm) stands at $2.14. The company has a PEG of 0.60 and a Quick Ratio of 0.68 with the debt-to-equity ratio at 2.66. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.97% over the week and 5.03% over the month.
Earnings per share for the fiscal year are expected to increase by 10.09%, and 21.68% over the next financial year. EPS should grow at an annualized rate of 17.76% over the next five years, compared to -6.57% over the past 5-year period.
Looking at the support for the UPBD, a number of firms have released research notes about the stock. Stephens stated their Overweight rating for the stock in a research note on November 13, 2024, with the firm’s price target at $38. BTIG Research coverage for the Upbound Group Inc (UPBD) stock in a research note released on June 07, 2024 offered a Buy rating with a price target of $45.
