Many Urban Outfitters, Inc.(URBN) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Urban Outfitters was Reiterated by Mizuho on Feb 8, 2017 to Neutral, Lowers Price Target to $ 26 from a previous price target of $27 .Urban Outfitters was Downgraded by Goldman to Sell on Feb 2, 2017. Urban Outfitters was Reiterated by RBC Capital Mkts on Jan 11, 2017 to Sector Perform, Lowers Price Target to $ 29 from a previous price target of $34 .Urban Outfitters was Reiterated by Telsey Advisory Group on Jan 10, 2017 to Market Perform, Lowers Price Target to $ 31 from a previous price target of $39 .Urban Outfitters was Downgraded by Wunderlich to Hold on Nov 23, 2016.
Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Azeez Hayne (General Counsel and Secretary) sold 6,260 shares at 39.95 per share price.On Aug 23, 2016, Frank Conforti (Chief Financial Officer) sold 4,000 shares at 37.42 per share price.On Apr 6, 2016, Robert H Strouse (director) sold 30,000 shares at 33.92 per share price.
Urban Outfitters Last issued its quarterly earnings results on Nov 22, 2016. The company reported $0.40 EPS for the quarter, missing the analyst consensus estimate by $ -0.04. Analyst had a consensus of $0.44. The company had revenue of $862.00 million for the quarter, compared to analysts expectations of $868.96 million. The companys revenue was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.42 EPS.
Urban Outfitters, Inc. (NASDAQ:URBN) has received a short term rating of strong sell from experts at Zacks with a rank of 5. The stock has been rated an average of 2.28 by 25 Brokerage Firm. 9 Wall Street Firms have rated the stock as a strong buys. 16 Brokerage Firms have advised hold.
Urban Outfitters, Inc. (NASDAQ:URBN) stock has received a short term price target of $ 33.38 from 21 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $5.13. The higher estimate of target price is $45 , while the lower price target estimate is $26
Urban Outfitters, Inc. (NASDAQ:URBN) rose 1.92% or 0.52 points on Tuesday and made its way into the gainers of the day. After trading began at $26.95 the stock was seen hitting $27.7 as a peak level and $26.78 as the lowest level. The stock ended up at $27.61. The daily volume was measured at 2,243,458 shares. The 52-week high of the share price is $40.8 and the 52-week low is $24.29. The company has a market cap of $3,209 million.
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 companys wholesale business designs and markets young womens casual wear which it provides to the companys retail operations and sells to specialty retailers worldwide.