Analysts predict Upbound Group Inc (UPBD) stock to reach $43 in the next 12 months

Upbound Group Inc [UPBD] stock is trading at $37.16, up 4.71%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The UPBD shares have gain 13.50% over the last week, with a monthly amount glided 21.56%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Upbound Group Inc [NASDAQ: UPBD] stock has seen the most recent analyst activity on June 07, 2024, when BTIG Research initiated its Buy rating and assigned the stock a price target of $45. Previously, TD Cowen started tracking the stock with Outperform rating on March 08, 2024, and set its price target to $43. On January 02, 2024, upgrade upgraded it’s rating to Overweight.

Upbound Group Inc [UPBD] stock has fluctuated between $25.00 and $36.17 over the past year. Currently, Wall Street analysts expect the stock to reach $43 within the next 12 months. Upbound Group Inc [NASDAQ: UPBD] shares were valued at $37.16 at the most recent close of the market. An investor can expect a potential return of 15.72% based on the average UPBD price forecast.

Analyzing the UPBD fundamentals

Upbound Group Inc [NASDAQ:UPBD] reported sales of 4.07B for the trailing twelve months, which represents a growth of 7.86%. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.23.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 36.25 points at the first support level, and at 35.33 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.68, and for the 2nd resistance point, it is at 38.19.

Ratios To Look Out For

For context, Upbound Group Inc’s Current Ratio is 3.34. In addition, the Quick Ratio stands at 0.55 and the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 3.51.

Transactions by insiders

Recent insider trading involved BROWN JEFFREY J, Director, that happened on Jul 09 ’24 when 1031.0 shares were purchased. Director, BROWN JEFFREY J completed a deal on Apr 22 ’24 to buy 991.0 shares. Meanwhile, EVP-RAC Blasquez Anthony J sold 12485.0 shares on Mar 14 ’24.

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