As of Wednesday close, Urban Outfitters Inc.’s (NASDAQ:URBN) stock was down -$0.62, moving down -1.86 percent to $32.66. The average number of shares traded per day over the past five days has been 2,040,280 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.47 fall in that time frame. In the last twenty days, the average volume was 1,693,920, while in the previous 50 days, it was 1,444,322.
Since last month, URBN stock retreated -11.08%. Shares of the company fell to $32.54 on 08/30/23, 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 36.94% or $8.81, and marked a new high 26 times. However, the stock has declined by -13.63% since its 52-week high.
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URBN stock investors should be aware that Urban Outfitters Inc. (URBN) stock had its last reported insider trading activity 80 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 13.59. The stock’s beta is 1.51. Besides these, the trailing price-to-sales (P/S) ratio of 0.62, the price-to-book (PB) ratio of 1.63.
Financial Health
In the three months ended July 30, 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 31.60% percent. In the year ended July 30, EBITDA margin amounted to 10.94%, whereas operating margins totaled 4.60%. 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 9.00%.
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 $0.89 quarterly earnings, the actual figure was $1.1 per share, beating the consensus estimate by 23.60%. 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 July 30, and its total debt was $1.11 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 37.98%, the RSI 9-day stood at 26.95% on 30 August.
With respect to its five-day moving average, the current Urban Outfitters Inc. price is down by -7.03% percent or -$2.47. At present, URBN shares trade -11.01% below its 20-day simple moving average and +23.62% percent above its 100-day simple moving average. However, the stock is currently trading approximately +0.59% above its SMA50 and +31.96% above its SMA200.
Stochastic coefficient K was 5.72% and Stochastic coefficient D was 6.49%, while ATR was 1.00. Given the Stochastic reading of 2.73% for the 14-day period, the RSI (14) reading has been calculated as 33.82%. As of today, the MACD Oscillator reading stands at -1.00, while the 14-day reading stands at -1.64.
Analyst Ratings
Telsey Advisory Group reiterated its an Outperform rating on Urban Outfitters Inc. (NASDAQ: URBN) in a note to investors. The analysts firm has however raised their price target to $42, representing a possible 20.34% increase in the stock price. Urban Outfitters Inc. (URBN) has been rated Hold by analysts. According to 1 brokerage firm, URBN is a sell, and 8 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate Urban Outfitters Inc. stock as buy, with 4 recommending it as overweight.
With a median target price of $40.00, the current consensus forecast for the stock is $21.00 – $47.00. Based on these forecasts, analysts predict Urban Outfitters Inc. (URBN) will achieve an average price target of $38.73.
