Noteworthy Stock: Urban Outfitters, Inc. (NASDAQ:URBN)

At the moment 33 analysts are watching Urban Outfitters, Inc. Finally, RBC Capital Markets set a $34.00 price objective on shares of Urban Outfitters and gave the stock a "hold" rating in a report on Thursday, January 5th. The stock touched its high share price of $40.8 on Nov 14, 2016 and the stock also touched its Lowest price in the last 52-weeks of trading on May 18, 2016 as $24.29.

The company's net sales advanced 1.8% to $956 million at the Retail Segment but declined 0.6% to $74.2 million at the Wholesale Segment. Urban Outfitters, Inc. has a one year low of $20.06 and a one year high of $40.80.

Assessment of Urban Outfitters, Inc. upholds that the 50-day MA of Urban Outfitters, Inc. Three investment analysts have rated the stock with a sell rating, nineteen have given a hold rating and thirteen have issued a buy rating to the company. The Company's year to date (YTD) performance is now negative at -10.78%. Post opening the session at $25.59, the shares hit an intraday low of $25.37 and an intraday high of $25.97 and the price was in this range throughout the day. Earnings, with 29 analysts believing the company would generate an Average Estimate of $0.56.

The company's quick ratio for most recent quarter is 1.10. 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. The firm's $20 price target is 11x its new 2018 estimate, a multiple that is in line with URBN's historical 3 year forward trough and warranted, in the firm's view, given its perception of weakness at Anthropologie. It has a past 5-day performance of -2.47 percent and trades at an average volume of 1.8M shares. The most bullish, or aggressive analyst target pins the projected price at $45, while the most bearish, or conservative analyst sees the stock reaching $25.

While taking a look at financials, we can look at a number of key indicators about Urban Outfitters, Inc.

"We are pleased to announce record fourth quarter and full year sales driven mostly by the continued success in the direct-to-consumer channel", said Richard A. Hayne, Chief Executive Officer. (NASDAQ:URBN), 8 rate it "Buy", 2 "Outperform", 21 "Underperform", 2 "Sell", while 0 "Hold".

Total Company net sales for the fourth quarter of fiscal 2017 increased 2% over the same quarter previous year to a record $1.03 billion. Past 5 years growth of Urban Outfitters, Inc.

The company's growth for the past 5 years has been at 6.68 percent. Morgan Stanley lowered shares of Urban Outfitters from an "overweight" rating to an "equal weight" rating and upped their target price for the stock from $36.00 to $39.00 in a research note on Thursday, November 17th.

Institutional investors now hold around $2.42 billion or 82% in URBN stock.

  • Carolyn Briggs