Urban Outfitters, Inc. (NASDAQ:URBN) has earned an average recommendation of “Hold” from the thirty-four research firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating and ten have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $27.14.
URBN has been the subject of a number of research analyst reports. Jefferies Group boosted their price objective on Urban Outfitters to $34.00 and gave the stock a “buy” rating in a report on Tuesday, November 21st. Robert W. Baird set a $27.00 price objective on Urban Outfitters and gave the stock a “buy” rating in a report on Saturday, November 18th. Buckingham Research boosted their price objective on Urban Outfitters from $25.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, November 14th. SunTrust Banks set a $35.00 price objective on Urban Outfitters and gave the stock a “buy” rating in a report on Monday, December 11th. Finally, KeyCorp restated a “buy” rating on shares of Urban Outfitters in a report on Friday, December 15th.
Institutional investors and hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont acquired a new position in Urban Outfitters during the fourth quarter valued at approximately $110,000. State of Alaska Department of Revenue acquired a new position in Urban Outfitters during the fourth quarter valued at approximately $175,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Urban Outfitters by 42.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,094 shares of the apparel retailer’s stock valued at $179,000 after purchasing an additional 1,522 shares in the last quarter. BRYN MAWR TRUST Co acquired a new position in Urban Outfitters during the fourth quarter valued at approximately $207,000. Finally, Shelton Capital Management acquired a new position in Urban Outfitters during the fourth quarter valued at approximately $234,000. Institutional investors and hedge funds own 78.02% of the company’s stock.
Urban Outfitters (URBN) traded down $0.69 during trading on Wednesday, reaching $35.38. The company had a trading volume of 1,332,100 shares, compared to its average volume of 2,538,215. Urban Outfitters has a fifty-two week low of $16.19 and a fifty-two week high of $36.49. The company has a market capitalization of $3,829.83, a PE ratio of 23.59, a P/E/G ratio of 1.53 and a beta of 0.62.
Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings results on Monday, November 20th. The apparel retailer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.08. Urban Outfitters had a return on equity of 13.34% and a net margin of 4.81%. The business had revenue of $892.77 million during the quarter, compared to analysts’ expectations of $860.64 million. During the same quarter last year, the company posted $0.40 earnings per share. Urban Outfitters’s quarterly revenue was up 3.5% on a year-over-year basis. research analysts expect that Urban Outfitters will post 1.57 EPS for the current year.
About Urban Outfitters
Urban Outfitters, Inc is a lifestyle specialty retail company. The Company operates through two segments: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.
Receive News & Ratings for Urban Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.