Yahoo Finance Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Upbound Group (UPBD)
Upbound Group, Inc. (formerly Rent-A-Center, Inc.) incorporated in 1986 is a leading lease-to-own provider with operations in the United States, Puerto Rico and Mexico. The company provides services to large portion of consumers by providing them with access and the opportunity to obtain ownership of, high-quality, durable products under a flexible lease purchase agreement with no long-term debt obligation. The company currently has four operating segments. These segment include Acima segment, Rent-A-Center Business segment, Mexico segment and Rent-A-Center Franchising International, Inc.
UPBD sits at a Zacks Rank #3 (Hold), holds a Value Style Score of A, and has a VGM Score of A. Compared to the Financial - Leasing Companies industry's P/E of 8.8X, shares of Upbound Group are trading at a forward P/E of 8.6X. UPBD also has a PEG Ratio of 4.2, a Price/Cash Flow ratio of 1.2X, and a Price/Sales ratio of 0.4X.
Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.00 to $3.76 per share. UPBD has an average earnings surprise of 16.8%.
Investors should take the time to consider UPBD for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Upbound Group, Inc. (UPBD) : Free Stock Analysis Report
