At the last check on Friday, Urban Outfitters Inc.’s (NASDAQ:URBN) stock was up $0.99, moving up 2.81 percent to $36.03. The average number of shares traded per day over the past five days has been 1,096,302 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.47 fall in that time frame. In the last twenty days, the average volume was 1,004,030, while in the previous 50 days, it was 1,279,858.
Since last month, URBN stock rose 3.85%. Shares of the company fell to $34.05 on 07/25/23, the lowest level in the past month. A 52-week high of $37.81 was reached on 08/10/23 after having rallying from a 52-week low of $18.75. Since the beginning of this year, URBN’s stock price has risen by 51.05% or $12.09, and marked a new high 26 times. However, the stock has declined by -4.73% since its 52-week high.
URBN stock investors should be aware that Urban Outfitters Inc. (URBN) stock had its last reported insider trading activity 67 days ago on Jun 12. Morgenfeld Todd R, the Director of the company, disposed of 5,000 shares for $32.58 on Jun 12. It resulted in a $162,900 divestment by the insider. Marein-Efron Melanie sold 16,036 shares at an average price of $31.24 on May 26. The insider now owns 1,000 shares following the transaction. On Apr 13, Chief Administrative Officer Hayne Azeez sold 16,116 shares at $26.25 apiece. The transaction was valued at $423,045.
Valuation Metrics
Right now, Urban Outfitters Inc. (URBN) has a P/E ratio of about 18.63. The stock’s beta is 1.49. Besides these, the trailing price-to-sales (P/S) ratio of 0.69, the price-to-book (PB) ratio of 1.80, and the price-to-cash flow ratio of 33.76 may also be considered.
Financial Health
In the three months ended April 29, Urban Outfitters Inc.’s quick ratio stood at 0.80, while its current ratio was 1.40, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 30.50% percent. In the year ended April 29, EBITDA margin amounted to 10.94%, whereas operating margins totaled 5.20%. Based on annual data, URBN earned $1.43 billion in gross profit and brought in $4.8 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.20%. Return on equity (ROE) for the past 12 months was 10.20%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. URBN’s revenue rose 5.54% to $1.14 billion during the quarter, while net income inched up to $1.11 billion. While analysts expected Urban Outfitters Inc. to report $0.35 quarterly earnings, the actual figure was $0.56 per share. During the quarter, the company generated $95.26 million in EBITDA. The liabilities of Urban Outfitters Inc. were 1.94 billion at the end of its most recent quarter ended April 29, and its total debt was $1.08 billion. The value of shareholders’ equity is $92.7 million.
Technical Picture
This quick technical analysis looks at Urban Outfitters Inc.’s (URBN) price momentum. With a historical volatility rate of 21.69%, the RSI 9-day stood at 50.61% on 17 August.
With respect to its five-day moving average, the current Urban Outfitters Inc. price is down by -1.29% percent or -$0.47. At present, URBN shares trade +4.51% above its 20-day simple moving average and +36.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.89% above its SMA50 and +50.63% above its SMA200.
Stochastic coefficient K was 21.35% and Stochastic coefficient D was 26.80%, while ATR was 0.88. Given the Stochastic reading of 38.26% for the 14-day period, the RSI (14) reading has been calculated as 54.37%. As of today, the MACD Oscillator reading stands at -0.65, while the 14-day reading stands at -0.82.
Analyst Ratings
Urban Outfitters Inc. downgraded its rating on Urban Outfitters Inc. (NASDAQ: URBN) to a Neutral in a note to investors on August 14, 2023. The analysts firm previously had a Buy rating on the stock.Urban Outfitters Inc. (URBN) has been rated Hold by analysts. According to 1 brokerage firm, URBN is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Urban Outfitters Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $37.50, the current consensus forecast for the stock is $20.00 – $45.00. Based on these forecasts, analysts predict Urban Outfitters Inc. (URBN) will achieve an average price target of $36.00.
