Urban Outfitters Inc (NASDAQ:URBN) shares traded 1.35% up during most recent session to reach at the closing price of $31.54. The stock exchanged hands 2.3 Million shares versus average trading capacity of 2.63 Million shares, yielding a market cap of $3.32 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $42.31 within the next 52-weeks. The mean target projections are based on 16 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Urban Outfitters Inc (NASDAQ:URBN) high price target of $58 and with a conservative view have low price target of $35.
Morgan Stanley “Upgrades” Urban Outfitters Inc (NASDAQ:URBN) in a research note issued to investors on 1/09/19 to Overweight with price target of $0.
Additionally on 1/07/19 JP Morgan “Downgrades” Urban Outfitters Inc (NASDAQ:URBN) to Neutral setting price target at $38 and on 12/17/18 Nomura “Maintained” the stock to Neutral at $41. Furthermore on 11/20/18 Deutsche Bank “Maintained” the stock to Sell at $35.
On the other hand the company has Relative Strength Index (RSI 14) of 40.46 along with Average True Range (ATR 14) of 0.99, Consequently Urban Outfitters Inc (NASDAQ:URBN)’s weekly and monthly volatility is 2.86%, 2.86% respectively. The company’s beta value is at 0.6.
In terms of Buy, Sell or Hold recommendations, Urban Outfitters Inc (NASDAQ:URBN) has analysts’ mean recommendation of 2.6. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Urban Outfitters Inc (NASDAQ:URBN)’s minimum EPS for the current quarter is at $0.76 and can go high up to $0.85. The consensus mean EPS for the current quarter is at $0.8 derived from a total of 21 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.62 earnings per share for the same quarter during last year.
Previously Urban Outfitters Inc (NASDAQ:URBN) reported $0.7 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.08. The company posted an earnings surprise of 12.9%.
Urban Outfitters Inc (NASDAQ:URBN)’s revenue estimates for the current quarter are $1.15 Billion according to 19 number of analysts, for the current quarter the company has high revenue estimates of $1.16 Billion in contradiction of low revenue estimates of $1.13 Billion. For the current year the company’s revenue estimates are $3.97 Billion compared to low analyst estimates of $3.95 Billion and high estimates of $3.98 Billion according to 20 number of analysts.
Currently Urban Outfitters Inc (NASDAQ:URBN)’s shares owned by insiders are 36.35%, whereas shares owned by institutional owners are 85.9%. However the six-month change in the insider ownership was recorded -0.05%, as well as three-month change in the institutional ownership was recorded 0.18%.
Urban Outfitters Inc (NASDAQ:URBN)’s trailing twelve month revenues are $3.91 Billion, whereas its price to sales ratio for the same period is 0.85. Its book value per share for the most recent quarter is $13.43 while its price to book ratio for the same period is 2.35, as for as the company’s cash per share for the most recent quarter is $5.39, however its price to cash per share ratio for the same period is 5.85. The stock has 5 year expected PEG ratio of 0.79 whereas its trailing twelve month P/E ratio is 12.5.