Alert: New Earnings Report (11/2/23)-Upbound Group Inc (NASDAQ: UPBD).


For its third fiscal quarter (ending September 30), Upbound Group Inc (NASDAQ: UPBD) has reported E.P.S. of $0.08 compared to $-0.10 a year ago. This result fell short of the consensus estimate of $0.75 by $-0.67. For the latest four quarters through September 30, E.P.S. were $0.16 versus $0.36 for the same period a year ago — a decline of -56%.


Recent Price Action

On 11/2/23, Upbound Group Inc (NASDAQ: UPBD) stock enjoyed a very large increase of 5.9%, closing at $27.66. The stock has risen 7.5% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

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

Upbound Group has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Upbound Group has a slightly positive Appreciation Score of 70 and a very high Power Rating of 91, resulting in the Highest Value Trend Rating.

Rating Review

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

Be the first to comment

Leave a Reply

Your email address will not be published.