Urban Outfitters Inc. (NASDAQ: URBN) is 9.02% higher on its value in year-to-date trading and has touched a low of $12.28 and a high of $32.86 in the current 52-week trading range. The URBN stock was last observed hovering at around $25.56 in the last trading session, with the day’s gains setting it 2.35% off its average median price target of $30.00 for the next 12 months. It is also 24.57% off the consensus price target high of $37.00 offered by 21 analysts, but current levels are -7.35% lower than the price target low of $26.00 for the same period.
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Currently trading at $27.91, the stock is 5.58% and 5.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.57 million and changing 9.19% at the moment leaves the stock 34.88% off its SMA200. URBN registered -3.96% loss for a year compared to 6-month gain of 59.21%. The firm has a 50-day simple moving average (SMA 50) of $27.42 and a 200-day simple moving average (SMA200) of $22.38.
The stock witnessed a -2.14% loss in the last 1 month and extending the period to 3 months gives it a 22.30%, and is 9.80% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.51% over the week and 3.74% over the month.
Urban Outfitters Inc. (URBN) has around 9600 employees, a market worth around $2.76B and $3.53B in sales. Fwd P/E is 14.45. Profit margin for the company is -0.20%. Distance from 52-week low is 127.28% and -15.06% from its 52-week high. The company has generated returns on investments over the last 12 months (11.00%).
Urban Outfitters Inc. (URBN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Urban Outfitters Inc. (URBN) is a “Hold”. 21 analysts offering their recommendations for the stock have an average rating of 2.60, where 16 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Urban Outfitters Inc. is expected to release its quarterly report on 03/09/2021 and quarterly earnings per share for the current quarter are estimated at $0.47 with sales reaching $1.15B over the same period.The EPS is expected to shrink by -38.70% this year, but quarterly earnings will post -11.80% year-over-year. Quarterly sales are estimated to shrink -1.30% in year-over-year returns.
Urban Outfitters Inc. (URBN) Top Institutional Holders
302 institutions hold shares in Urban Outfitters Inc. (URBN), with 41.15M shares held by insiders accounting for 42.08% while institutional investors hold 128.37% of the company’s shares. The shares outstanding are 97.79M, and float is at 56.64M with Short Float at 13.90%. Institutions hold 74.35% of the Float.
The top institutional shareholder in the company is Shapiro Capital Management Company, Inc. with over 8.85 million shares valued at $184.11 million. The investor’s holdings represent 9.05% of the URBN Shares outstanding. As of Sep 29, 2020, the second largest holder is Blackrock Inc. with 8.18 million shares valued at $170.26 million to account for 8.37% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 5.44 million shares representing 5.56% and valued at over $113.24 million, while Dimensional Fund Advisors LP holds 5.28% of the shares totaling 5.16 million with a market value of $107.39 million.
Urban Outfitters Inc. (URBN) Insider Activity
A total of 5 insider transactions have happened at Urban Outfitters Inc. (URBN) in the last six months, with sales accounting for 5 and purchases happening 0 times. The most recent transaction is an insider sale by Hayne Azeez, the company’s General Counsel and Secretary. SEC filings show that Hayne Azeez sold 6,262 shares of the company’s common stock on Nov 20 at a price of $30.00 per share for a total of $0.19 million. Following the sale, the insider now owns 6261.0 shares.
Urban Outfitters Inc. disclosed in a document filed with the SEC on Nov 18 that Donnelly Trish (CEO, Urban Outfitters Group) sold a total of 15,000 shares of the company’s common stock. The trade occurred on Nov 18 and was made at $29.00 per share for $0.43 million. Following the transaction, the insider now directly holds 13589.0 shares of the URBN stock.
Still, SEC filings show that on Aug 28, Conforti Frank (Chief Financial Officer) disposed off 10,000 shares at an average price of $24.00 for $0.24 million. The insider now directly holds 8,424 shares of Urban Outfitters Inc. (URBN).
Urban Outfitters Inc. (URBN): Who are the competitors?
The company’s main competitors (and peers) include The TJX Companies Inc. (TJX) that is trading 13.09% up over the past 12 months. Nordstrom Inc. (JWN) is -20.31% down on the 1-year trading charts. Short interest in the company’s stock has risen 18.68% from the last report on Nov 12, 2020 to stand at a total of 6.4 million short shares sold with a short interest ratio of 3.82.