Economy

Quarterly Sales Analysis of Urban Outfitters, Inc. (NASDAQ:URBN)

Quarterly Sales Analysis of Urban Outfitters, Inc. (NASDAQ:URBN)

Number of analysts are eying on this stock, and after detailed observation, they have given the stock mean target price of $64.39 while their mean recommendation is 2.40 (1=Buy, 5=sell).

Several other analysts have also commented on the company. Jefferies Group boosted their price objective on shares of Urban Outfitters from $38.00 to $40.00 and gave the company a buy rating in a research report on Wednesday, August 17th.

In the time frame of the last one month, the share-price has declined nearly -6.25%. Vetr cut shares of Urban Outfitters from a "buy" rating to a "strong sell" rating and set a $33.77 price target for the company.in a report on Tuesday, November 15th.

The growth estimate for Urban Outfitters Inc. The stock has an average rating of "Hold" and an average target price of $35.79. Twenty-two equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company.

According to Financial Times, The 20 analysts offering 12 month price targets for Medtronic PLC have a median target of 85.00, with a high estimate of 96.00 and a low estimate of 80.00. (NASDAQ:URBN). Aimz Ltd Liability Co has invested 1.73% of its portfolio in Urban Outfitters, Inc. The share price is now -1.84 percent versus its SMA20, -9.72 percent versus its SMA50, and -4.67 percent versus its SMA200. The company's 50-day moving average is $35.24 and its 200 day moving average is $31.95.

Urban Outfitters Inc. (URBN) recently recorded -12.05 percent change and now at $34.31 is 71.04 percent away from its 52-week low and down -15.91 percent versus its peak.

Beta is also an important valuation ratio for analyzing the stock of the company, 41 has Beta of 0.74 while its industry and Sector's beta remains at 1.35 and 1.27 respectively.

(NASDAQ:URBN) news were published by: Wsj.com which released: "Urban Outfitters Rally Has Gone Too Far" on November 21, 2016. The apparel retailer reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.04. The higher end of the revenue estimate is $9.1 Million and the lower end is $9.1 Million. Urban Outfitters had a net margin of 6.42% and a return on equity of 19.13%. People s United Financial Inc. increased its position in Urban Outfitters by 0.8% in the third quarter. With the last close up 4.95% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. According to these analysts, the Low Revenue Estimate for Urban Outfitters Inc.is 1.04 Billion and the High Revenue Estimate is 1.09 Billion. Fuller & Thaler Asset Management Inc. acquired a new position in Urban Outfitters during the second quarter worth approximately $121,000.

11/23/2016 - Urban Outfitters, Inc. had its "market perform" rating reiterated by analysts at FBR Capital Markets. If you are viewing this story on another website, it was stolen and republished in violation of United States & worldwide copyright & trademark law.

09/28/2016 - Urban Outfitters, Inc. had its "market perform" rating reiterated by analysts at Wells Fargo.

In related news, General Counsel Azeez Hayne sold 6,260 shares of the business's stock in a transaction that occurred on Monday, November 14th. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Institutional investors and hedge funds own 74.17% of the company's stock. AQR Capital Management LLC now owns 2,924,749 shares of the apparel retailer's stock worth $80,430,000 after buying an additional 1,286,540 shares during the period. State Treasurer State of MI increased its position in Urban Outfitters by 0.7% in the second quarter. Credit Suisse AG now owns 170,461 shares of the apparel retailer's stock valued at $5,885,000 after buying an additional 39,487 shares in the last quarter. Finally, GW&K Investment Management LLC boosted its stake in Urban Outfitters by 18.1% in the second quarter.

Price to sales ratio was lasted at 1.24 and its price to book was noted at 4.97.