Upbound GroupUPBD
About: Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.
Employees: 12,970
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
118% more call options, than puts
Call options by funds: $2.88M | Put options by funds: $1.32M
32% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 77
2% less funds holding
Funds holding: 248 [Q2] → 243 (-5) [Q3]
7% less capital invested
Capital invested by funds: $1.55B [Q2] → $1.44B (-$112M) [Q3]
10.08% less ownership
Funds ownership: 92.51% [Q2] → 82.43% (-10.08%) [Q3]
13% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 38
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Stephens & Co. Kyle Joseph 17% 1-year accuracy 1 / 6 met price target | 26%upside $38 | Overweight Initiated | 13 Nov 2024 |
Loop Capital Anthony Chukumba 50% 1-year accuracy 10 / 20 met price target | 9%upside $33 | Hold Maintained | 1 Nov 2024 |
Jefferies John Hecht 91% 1-year accuracy 10 / 11 met price target | 16%upside $35 | Hold Maintained | 1 Oct 2024 |
Financial journalist opinion
Based on 4 articles about UPBD published over the past 30 days