A correction may be in store for Upbound Group Inc. (NASDAQ:UPBD) shares?

As of close of business last night, Upbound Group Inc.’s stock clocked out at $24.55, down -0.53% from its previous closing price of $24.68. In other words, the price has decreased by -$0.13 from its previous closing price. On the day, 605351 shares were traded. UPBD stock price reached its highest trading level at $24.60 during the session, while it also had its lowest trading level at $23.83.

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Ratios:

To gain a deeper understanding of UPBD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.29. In the meantime, Its Debt-to-Equity ratio is 2.61 whereas as Long-Term Debt/Eq ratio is at 2.61.

Upgrades & Downgrades

Valuation Measures:

As of this moment, Upbound’s Price-to-Earnings (P/E) ratio for their current fiscal year is 125.90, and their Forward P/E ratio for the next fiscal year is 7.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 2.44.

Stock Price History:

Over the past 52 weeks, UPBD has reached a high of $31.91, while it has fallen to a 52-week low of $16.82. The 50-Day Moving Average of the stock is 26.31, while the 200-Day Moving Average is calculated to be 24.02.

Shares Statistics:

It appears that UPBD traded 563.55K shares on average per day over the past three months and 566.56k shares per day over the past ten days. A total of 52.27M shares are outstanding, with a floating share count of 49.52M. Insiders hold about 0.30% of the company’s shares, while institutions hold 87.10% stake in the company.