rts logo

Is Urban Outfitters, Inc (URBN) a good stock to buy now?

Urban Outfitters, Inc (NASDAQ: URBN) is 1.71% higher on its value in year-to-date trading and has touched a low of $33.86 and a high of $59.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The URBN stock was last observed hovering at around $56.96 in the last trading session, with the day’s loss setting it -1.14%.

Currently trading at $55.82, the stock is 0.93% and 18.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.45 million and changing -2.00% at the moment leaves the stock 32.78% off its SMA200. URBN registered 45.36% gain for a year compared to 6-month gain of 19.61%. The firm has a 50-day simple moving average (SMA 50) of $46.9016 and a 200-day simple moving average (SMA200) of $41.9728.

The stock witnessed a 10.43% loss in the last 1 month and extending the period to 3 months gives it a 55.18%, and is -3.00% down 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 4.94% over the week and 3.59% over the month.

Urban Outfitters, Inc (URBN) has around 28000 employees, a market worth around $5.15B and $5.40B in sales. Current P/E ratio is 15.99 and Fwd P/E is 13.14. Profit margin for the company is 6.11%. Distance from 52-week low is 64.86% and -5.47% from its 52-week high. The company has generated returns on investments over the last 12 months (10.21%).

with sales reaching $1.6B over the same period.The EPS is expected to grow by 21.04% this year, but quarterly earnings will post 6.87% year-over-year. Quarterly sales are estimated to grow 7.36% in year-over-year returns.

Urban Outfitters, Inc (URBN) Top Institutional Holders

420.0 institutions hold shares in Urban Outfitters, Inc (URBN), with institutional investors hold 111.56% of the company’s shares. The shares outstanding are 92.28M, and float is at 57.96M with Short Float at 9.44%. Institutions hold 75.12% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 9.72 million shares valued at $399.17 million. The investor’s holdings represent 10.442% of the URBN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.95 million shares valued at $326.51 million to account for 8.5413 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.06 million shares representing 6.5082% and valued at over $248.81 million, while STATE STREET CORP holds 2.9726 of the shares totaling 2.77 million with a market value of $113.64 million.

Urban Outfitters, Inc (URBN) Insider Activity

#####

Urban Outfitters, Inc disclosed in a document filed with the SEC on Sep 06 ’24 that Smith Tricia D (Global CEO Anthropologie Group) sold a total of 11,730 shares of the company’s common stock. The trade occurred on Sep 06 ’24 and was made at $35.29 per share for $0.41 million. Following the transaction, the insider now directly holds 0.0 shares of the URBN stock.

Still, SEC filings show that on Sep 06 ’24, Smith Tricia D (Officer) Proposed Sale 11,730 shares at an average price of $35.29 for $0.41 million. The insider now directly holds shares of Urban Outfitters, Inc (URBN).

Related Posts