The stock of Upbound Group Inc (UPBD) has seen a -0.59% decrease in the past week, with a -5.24% drop in the past month, and a -3.92% decrease in the past quarter. The volatility ratio for the week is 3.01%, and the volatility levels for the past 30 days are at 2.67% for UPBD. The simple moving average for the last 20 days is -5.77% for UPBD stock, with a simple moving average of 1.04% for the last 200 days.
Is It Worth Investing in Upbound Group Inc (NASDAQ: UPBD) Right Now?
Additionally, the 36-month beta value for UPBD is 2.00. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for UPBD is 47.92M and currently, short sellers hold a 4.29% ratio of that float. The average trading volume of UPBD on April 12, 2024 was 373.15K shares.
UPBD) stock’s latest price update
The stock price of Upbound Group Inc (NASDAQ: UPBD) has plunged by -1.39 when compared to previous closing price of 32.28, but the company has seen a -0.59% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-01 that The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here’s why you should take advantage.
Analysts’ Opinion of UPBD
Many brokerage firms have already submitted their reports for UPBD stocks, with TD Cowen repeating the rating for UPBD by listing it as a “Outperform.” The predicted price for UPBD in the upcoming period, according to TD Cowen is $43 based on the research report published on March 08, 2024 of the current year 2024.
UPBD Trading at -4.84% from the 50-Day Moving Average
After a stumble in the market that brought UPBD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.00% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 3.01%, as shares sank -4.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.51% lower at present.
During the last 5 trading sessions, UPBD fell by -0.59%, which changed the moving average for the period of 200-days by +4.60% in comparison to the 20-day moving average, which settled at $33.70. In addition, Upbound Group Inc saw -6.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UPBD starting from Blasquez Anthony J, who sale 12,485 shares at the price of $33.18 back on Mar 14 ’24. After this action, Blasquez Anthony J now owns 58,967 shares of Upbound Group Inc, valued at $414,252 using the latest closing price.
Montrone Ralph T., the EVP, Acima of Upbound Group Inc, sale 30,000 shares at $33.48 during a trade that took place back on Feb 28 ’24, which means that Montrone Ralph T. is holding 55,074 shares at $1,004,400 based on the most recent closing price.
Stock Fundamentals for UPBD
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.46 for the gross margin
The net margin for Upbound Group Inc stands at -0.0. The total capital return value is set at 0.08. Equity return is now at value -0.95, with -0.19 for asset returns.
Based on Upbound Group Inc (UPBD), the company’s capital structure generated 0.72 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 2.52. The interest coverage ratio of the stock is 1.52.
Currently, EBITDA for the company is 431.1 million with net debt to EBITDA at 2.6. When we switch over and look at the enterprise to sales, we see a ratio of 0.81. The receivables turnover for the company is 35.97for trailing twelve months and the total asset turnover is 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.46.
Conclusion
In conclusion, Upbound Group Inc (UPBD) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
