TD Cowen Has Lowered Expectations for Upbound Group (NASDAQ:UPBD) Stock Price

Key Points

• TD Cowen lowered Upbound Group’s price target from $28 to $27 but maintained a “buy” rating, implying approximately 72.84% upside from the stock’s $15.62 price.
• Upbound shares fell 0.6% during Tuesday trading and remain near their 12-month low. The stock has an average analyst rating of “hold” and an average price target of $27.50.
• The company modestly exceeded quarterly EPS expectations, reporting $1.07 versus the $1.05 consensus, while revenue reached $1.16 billion and rose 0.5% year over year.

Upbound Group (NASDAQ:UPBD - Get Free Report) had its price target lowered by equities research analysts at TD Cowen from $28.00 to $27.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm presently has a "buy" rating on the stock. TD Cowen's target price points to a potential upside of 72.84% from the company's current price.

UPBD has been the subject of a number of other research reports. Weiss Ratings cut shares of Upbound Group from a "hold (c)" rating to a "hold (c-)" rating in a research note on Monday, September 21st. Zacks Research upgraded Upbound Group from a "strong sell" rating to a "hold" rating in a research note on Monday, September 28th. BTIG Research cut shares of Upbound Group from a "buy" rating to a "neutral" rating and set a $28.00 target price for the company. in a research report on Friday, July 31st. Finally, Wall Street Zen upgraded shares of Upbound Group from a "hold" rating to a "buy" rating in a research note on Saturday. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Upbound Group has an average rating of "Hold" and an average price target of $27.50.

Upbound Group Stock Down 0.6%

NASDAQ UPBD traded down $0.10 during trading on Tuesday, hitting $15.62. The stock had a trading volume of 156,466 shares, compared to its average volume of 892,436. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.97 and a current ratio of 3.22. Upbound Group has a 12 month low of $15.13 and a 12 month high of $23.98. The company has a market capitalization of $910.70 million, a PE ratio of 10.09 and a beta of 1.78. The company's 50-day moving average price is $18.41 and its two-hundred day moving average price is $18.84.

Upbound Group (NASDAQ:UPBD - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.02. Upbound Group had a net margin of 1.90% and a return on equity of 34.53%. The firm had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the previous year, the business earned $1.12 EPS. The company's revenue was up .5% compared to the same quarter last year. Upbound Group has set its FY 2026 guidance at 4.000-4.350 EPS and its Q3 2026 guidance at 0.850-0.950 EPS. As a group, sell-side analysts forecast that Upbound Group will post 4.15 EPS for the current year.

Insider Buying and Selling at Upbound Group

In other Upbound Group news, EVP Anthony Blasquez sold 10,000 shares of Upbound Group stock in a transaction on Friday, August 21st. The shares were sold at an average price of $18.85, for a total transaction of $188,500.00. Following the transaction, the executive vice president directly owned 43,717 shares of the company's stock, valued at $824,065.45. The trade was a 18.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Upbound Group

Institutional investors have recently modified their holdings of the business. CX Institutional purchased a new stake in Upbound Group in the 3rd quarter worth approximately $4,619,000. WINTON GROUP Ltd purchased a new position in shares of Upbound Group during the second quarter worth about $524,000. Engineers Gate Manager LP lifted its position in Upbound Group by 62.0% during the second quarter. Engineers Gate Manager LP now owns 58,810 shares of the company's stock valued at $1,248,000 after purchasing an additional 22,500 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in shares of Upbound Group during the 2nd quarter worth $76,000. Finally, IFP Advisors Inc grew its position in Upbound Group by 299.3% in the second quarter. IFP Advisors Inc now owns 1,214 shares of the company's stock worth $26,000 after acquiring an additional 910 shares in the last quarter. 90.30% of the stock is owned by institutional investors.

Upbound Group Company Profile

Upbound Group, Inc is a provider of branded leasing and alternative-purchase solutions for consumers. The company operates through a network of stores and digital channels, offering access to products such as furniture, appliances, consumer electronics, computers, smartphones and other household merchandise through lease-to-own and related payment arrangements.

Its principal brands include Rent-A-Center, which provides lease-to-own products through company-operated and franchised locations, and Acima, a technology-enabled point-of-sale leasing platform that connects consumers with participating retail merchants.

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