Urban Outfitters Inc. (NASDAQ:URBN) finished Friday with a subtraction of -$0.2 to close at $33.32, a downside of -0.60 percent. An average of 3,147,920 shares of common stock have been traded in the last five days. There was a fall of -$2.42 in the past week, and it reached a new high 39 times over the past 12 months. The last 20 days have seen an average of 1,582,330 shares traded, while the 50-day average volume stands at 1,440,990.
URBN stock has decreased by -4.83% in the last month. The company shares reached their 1-month lowest point of $32.96 on 08/25/23. With the stock rallying to its 52-week high on 08/10/23, shares of the company touched a low of $18.75 and a high of $37.81 in 52 weeks. It has reached a new high 26 times so far this year and achieved 39.71% or $9.47 in price. In spite of this, the price is down -11.89% from the 52-week high.
Insider Transactions
URBN stock investors should be aware that Urban Outfitters Inc. (URBN) stock had its last reported insider trading activity 75 days ago on Jun 12. In this transaction, the insider spent $162,900. Chief Financial Officer, Marein-Efron Melanie, disposed of 16,036 shares at a price of $31.24 on May 26. The insider now owns more than $500,917 worth of shares. Prior to that, Chief Administrative Officer Hayne Azeez went on to Sale 16,116 shares at $26.25 each on Apr 13. An amount of $423,045 was transacted.
Valuation Metrics
Urban Outfitters Inc. (URBN) has a trailing price-to-earnings (P/E) ratio of 17.23. The stock’s beta is 1.51. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.62, the price-to-book (PB) ratio at 1.67, and the price-to-cash flow ratio at 30.31.
Financial Health
The quick ratio of Urban Outfitters Inc. for the three months ended July 30 was 0.80, and the current ratio was 1.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the quarter ending July 30. Urban Outfitters Inc.’s EBITDA margin for the year ending July 30 is 10.94%, while its operating margin for the same period stands at 5.20%. Its gross profit as reported stood at $1.43 billion compared to revenue of $4.8 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Urban Outfitters Inc.’s return on assets was 4.90%.
Earnings Surprise
In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $52.82 million in the quarter, while revenues of $182.38 million were grew 40.31%. The analyst consensus anticipated Urban Outfitters Inc.’s latest quarter earnings to come in at $0.89 per share, but it turned out to be $1.1, a 23.60% surprise. For the quarter, EBITDA amounted to $95.26 million. Shareholders own equity worth $92.7 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Urban Outfitters Inc. (URBN) price momentum. RSI 9-day as of the close on 25 August was 31.48%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.11%.
As of today, URBN’s price is $34.34 -6.77% or -$2.42 from its 5-day moving average. URBN is currently trading -7.01% lower than its 20-day SMA and +21.08% higher than its 100-day SMA. However, the stock’s current price level is +0.21% above the SMA50 and +42.15% above the SMA200.
The stochastic %K and %D were 13.87% and 15.24%, respectively, and the average true range (ATR) was 1.12. With the 14-day stochastic at 7.51% and the average true range at 1.04, the RSI (14) stands at 37.45%. The stock has reached -0.90 on the 9-day MACD Oscillator while the 14-day reading was at -1.55.
Analyst Ratings
Telsey Advisory Group reiterated its an Outperform rating on Urban Outfitters Inc. (NASDAQ: URBN), but raised their price target to $41, indicating a potential price increase of 18.73% for the stock. The consensus rating for Urban Outfitters Inc. (URBN) among analysts is Hold. According to current brokerage recommendations, 1 brokerage firm advise that investors sell URBN, while 8 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 4 others rate it as a “buy”.
What is URBN’s price target for the next 12 months?
Analysts predict a range of price targets between $21.00 and $47.00, with a median target of $40.00. Taking a look at these predictions, the average price target given by analysts for Urban Outfitters Inc. (URBN) stock is $38.73.
