The stock of Urban Outfitters, Inc. (NASDAQ:URBN) is a huge mover today! About 2.19M shares traded hands or 14.06% up from the average. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 6.00% since October 11, 2016 and is uptrending. It has outperformed by 0.35% the S&P500.
The move comes after 5 months positive chart setup for the $4.52B company. It was reported on Nov, 10 by Barchart.com. We have $55.67 PT which if reached, will make NASDAQ:URBN worth $2.31B more.
Analysts await Urban Outfitters, Inc. (NASDAQ:URBN) to report earnings on November, 21. They expect $0.43 earnings per share, up 2.38% or $0.01 from last year’s $0.42 per share. URBN’s profit will be $52.64 million for 21.42 P/E if the $0.43 EPS becomes a reality. After $0.66 actual earnings per share reported by Urban Outfitters, Inc. for the previous quarter, Wall Street now forecasts -34.85% negative EPS growth.
Urban Outfitters, Inc. (NASDAQ:URBN) Ratings Coverage
Out of 30 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 10 rate it a “Buy”, 0 “Sell”, while 20 “Hold”. This means 33% are positive. Urban Outfitters Inc. has been the topic of 71 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Jefferies with “Buy” on Wednesday, August 17. UBS maintained the stock with “Neutral” rating in Tuesday, August 18 report. The stock has “Buy” rating given by Goldman Sachs on Friday, April 1. The firm earned “Hold” rating on Monday, August 31 by TheStreet. Citigroup maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Wednesday, August 17. Citigroup has “Buy” rating and $42 price target. The firm has “Neutral” rating given on Tuesday, November 17 by UBS. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) has “Outperform” rating given on Wednesday, August 17 by Robert W. Baird. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Buy” rating by Evercore on Wednesday, August 17. Stifel Nicolaus maintained the stock with “Buy” rating in Tuesday, November 17 report. Deutsche Bank maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Wednesday, August 17. Deutsche Bank has “Hold” rating and $37 price target.
According to Zacks Investment Research, “Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The company’s wholesale business designs and markets young women’s casual wear which it provides to the company’s retail operations and sells to specialty retailers worldwide.”
Insitutional Activity: The institutional sentiment increased to 1.07 in 2016 Q2. Its up 0.19, from 0.88 in 2016Q1. The ratio increased, as 45 funds sold all Urban Outfitters, Inc. shares owned while 91 reduced positions. 39 funds bought stakes while 107 increased positions. They now own 83.39 million shares or 1.57% less from 84.73 million shares in 2016Q1.
Sta Wealth Mgmt Ltd Limited Liability Company reported 11,155 shares or 0.11% of all its holdings. Marshall Wace Ltd Liability Partnership has invested 0.09% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Prescott Cap Management Ltd holds 0.36% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 54,500 shares. Blackrock Inv Ltd Liability Co last reported 327,456 shares in the company. Amp Capital Invsts Limited has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Ellington Management Grp Limited Liability Company has invested 0.28% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Gam Ag has 15,000 shares for 0.01% of their US portfolio. Texas Permanent School Fund owns 28,118 shares or 0.01% of their US portfolio. Royal Retail Bank Of Canada holds 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 171,058 shares. Whittier Co Of Nevada last reported 0% of its portfolio in the stock. Comerica State Bank owns 21,248 shares or 0.01% of their US portfolio. Tower Bridge Advisors has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Panagora Asset Management accumulated 62,765 shares or 0.01% of the stock. Airain has 0.36% invested in the company for 228,023 shares. New York Life Tru accumulated 0.21% or 1,547 shares.
Insider Transactions: Since May 24, 2016, the stock had 0 insider purchases, and 2 insider sales for $242,839 net activity. Shares for $149,680 were sold by Conforti Frank on Friday, August 19.
More recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Philly.com which released: “Four Urban Outfitters Inc. brands come together at KOP Mall” on October 14, 2016. Also Fool.com published the news titled: “Why Urban Outfitters, Inc. Stock Jumped 20% Last Month” on September 08, 2016. Cnbc.com‘s news article titled: “Urban Outfitters on pace for best day in nearly 4 years” with publication date: August 17, 2016 was also an interesting one.
URBN Company Profile
Urban Outfitters, Inc., incorporated on August 06, 1976, is a lifestyle specialty retail company. The Firm operates through two divisions: 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 clients through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Retail segment also includes Vetri Family, which operates restaurants under the names Amis, Alla Spina, Lo Spiedo, Pizzeria Vetri and Osteria. The Company’s Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel and shoes through individual and chain specialty stores and department stores.
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