Urban Outfitters Inc. (NASDAQ:URBN) – Analysts at KeyCorp reduced their Q1 2018 EPS estimates for Urban Outfitters in a research note issued to investors on Wednesday. KeyCorp analyst E. Yruma now anticipates that the firm will post earnings of $0.30 per share for the quarter, down from their prior forecast of $0.31. KeyCorp also issued estimates for Urban Outfitters’ Q3 2018 earnings at $0.45 EPS and Q4 2018 earnings at $0.68 EPS.
Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings data on Tuesday, November 22nd. The apparel retailer reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by $0.04. Urban Outfitters had a return on equity of 19.13% and a net margin of 6.42%. The firm earned $862.50 million during the quarter. During the same quarter in the prior year, the company earned $0.42 EPS. The business’s revenue was up 4.5% compared to the same quarter last year.
URBN has been the topic of a number of other research reports. Royal Bank Of Canada raised their target price on Urban Outfitters from $29.00 to $34.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 17th. Oppenheimer Holdings Inc. restated a “hold” rating on shares of Urban Outfitters in a report on Tuesday. Vetr upgraded Urban Outfitters from a “strong sell” rating to a “sell” rating and set a $35.51 target price on the stock in a report on Thursday, November 17th. Telsey Advisory Group raised their target price on Urban Outfitters from $31.00 to $39.00 and gave the stock a “market perform” rating in a report on Wednesday, August 17th. Finally, Mizuho raised their target price on Urban Outfitters from $28.00 to $32.00 and gave the stock a “neutral” rating in a report on Wednesday, August 17th. Twenty-one equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $35.79.
Urban Outfitters (NASDAQ:URBN) traded down 2.201% during trading on Friday, reaching $33.555. The company had a trading volume of 3,227,923 shares. The company has a 50 day moving average price of $35.24 and a 200 day moving average price of $31.95. Urban Outfitters has a 52-week low of $20.06 and a 52-week high of $40.80. The company has a market capitalization of $3.93 billion, a PE ratio of 17.279 and a beta of 0.69.
In related news, General Counsel Azeez Hayne sold 6,260 shares of the company’s stock in a transaction dated Monday, November 14th. The stock was sold at an average price of $39.95, for a total transaction of $250,087.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 24.30% of the company’s stock.
Large investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Urban Outfitters by 11.6% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,150 shares of the apparel retailer’s stock valued at $109,000 after buying an additional 327 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Urban Outfitters by 70.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,758 shares of the apparel retailer’s stock valued at $104,000 after buying an additional 1,550 shares during the last quarter. Robecosam AG acquired a new stake in shares of Urban Outfitters during the second quarter valued at approximately $108,000. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Urban Outfitters during the second quarter valued at approximately $121,000. Finally, LS Investment Advisors LLC raised its stake in shares of Urban Outfitters by 16.0% in the second quarter. LS Investment Advisors LLC now owns 4,708 shares of the apparel retailer’s stock valued at $129,000 after buying an additional 651 shares during the last quarter. Institutional investors own 74.17% of the company’s stock.
Urban Outfitters Company Profile