Urban Outfitters (NASDAQ:URBN) Given a $25.00 Price Target by UBS Group Analysts

Urban Outfitters (NASDAQ:URBNGet Rating) has been assigned a $25.00 target price by research analysts at UBS Group in a research note issued on Wednesday, Stock Target Advisor reports. UBS Group’s target price would indicate a potential downside of 9.68% from the company’s current price.

A number of other research firms have also issued reports on URBN. Wells Fargo & Company raised their price target on Urban Outfitters from $20.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday. JPMorgan Chase & Co. lifted their price objective on Urban Outfitters from $23.00 to $24.00 and gave the company a “neutral” rating in a report on Monday, October 31st. StockNews.com started coverage on Urban Outfitters in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. BMO Capital Markets lifted their price objective on Urban Outfitters from $19.00 to $24.00 and gave the company a “market perform” rating in a report on Tuesday. Finally, TheStreet raised Urban Outfitters from a “c” rating to a “b-” rating in a report on Monday, November 14th. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Urban Outfitters presently has a consensus rating of “Hold” and a consensus price target of $26.08.

Urban Outfitters Stock Down 0.4 %

NASDAQ URBN opened at $27.68 on Wednesday. Urban Outfitters has a 52-week low of $17.81 and a 52-week high of $33.77. The business’s 50-day moving average price is $23.13 and its 200 day moving average price is $21.75. The firm has a market cap of $2.55 billion, a P/E ratio of 15.55, a P/E/G ratio of 0.91 and a beta of 1.37.

Urban Outfitters (NASDAQ:URBNGet Rating) last released its quarterly earnings results on Monday, November 21st. The apparel retailer reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). Urban Outfitters had a return on equity of 9.83% and a net margin of 3.57%. The company had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the prior year, the business earned $0.89 EPS. The business’s quarterly revenue was up 4.3% compared to the same quarter last year. As a group, analysts anticipate that Urban Outfitters will post 1.71 earnings per share for the current year.

Insider Buying and Selling

In related news, COO Frank Conforti sold 10,000 shares of Urban Outfitters stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $25.00, for a total transaction of $250,000.00. Following the completion of the transaction, the chief operating officer now directly owns 25,960 shares in the company, valued at approximately $649,000. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, insider Azeez Hayne sold 4,095 shares of Urban Outfitters stock in a transaction that occurred on Monday, November 14th. The stock was sold at an average price of $25.02, for a total transaction of $102,456.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Frank Conforti sold 10,000 shares of Urban Outfitters stock in a transaction that occurred on Friday, November 11th. The stock was sold at an average price of $25.00, for a total transaction of $250,000.00. Following the completion of the sale, the chief operating officer now directly owns 25,960 shares of the company’s stock, valued at $649,000. The disclosure for this sale can be found here. Insiders own 27.50% of the company’s stock.

Institutional Trading of Urban Outfitters

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Teachers Retirement System of The State of Kentucky purchased a new stake in Urban Outfitters in the 3rd quarter worth approximately $548,000. Alpha Paradigm Partners LLC purchased a new stake in Urban Outfitters in the 3rd quarter worth approximately $368,000. Verdence Capital Advisors LLC grew its stake in Urban Outfitters by 16.8% in the 3rd quarter. Verdence Capital Advisors LLC now owns 12,409 shares of the apparel retailer’s stock worth $244,000 after acquiring an additional 1,783 shares during the period. Public Employees Retirement System of Ohio grew its stake in Urban Outfitters by 5.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 9,767 shares of the apparel retailer’s stock worth $192,000 after acquiring an additional 545 shares during the period. Finally, Algert Global LLC grew its stake in Urban Outfitters by 26.3% in the 3rd quarter. Algert Global LLC now owns 27,284 shares of the apparel retailer’s stock worth $536,000 after acquiring an additional 5,679 shares during the period. 76.14% of the stock is owned by hedge funds and other institutional investors.

Urban Outfitters Company Profile

(Get Rating)

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nully. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's casual apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.

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