Urban Outfitters (URBN) to Release Earnings on Tuesday

Urban Outfitters (NASDAQ:URBN) is scheduled to release its earnings data after the market closes on Tuesday, November 26th. Analysts expect Urban Outfitters to post earnings of $0.82 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Urban Outfitters Stock Performance

Shares of NASDAQ URBN opened at $38.98 on Monday. The business’s 50 day moving average price is $37.11 and its 200-day moving average price is $40.07. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 0.92 and a beta of 1.50. Urban Outfitters has a fifty-two week low of $31.41 and a fifty-two week high of $48.90.

Analyst Ratings Changes

Several research firms have recently commented on URBN. Jefferies Financial Group reduced their price target on shares of Urban Outfitters from $35.00 to $34.00 and set an “underperform” rating for the company in a report on Thursday, August 22nd. Citigroup lifted their price target on Urban Outfitters from $39.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. Morgan Stanley decreased their price objective on Urban Outfitters from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, August 22nd. BMO Capital Markets cut their target price on Urban Outfitters from $42.00 to $39.00 and set a “market perform” rating on the stock in a research note on Thursday, August 22nd. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $44.00 price target on shares of Urban Outfitters in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $42.27.

Insider Buying and Selling at Urban Outfitters

In related news, CEO Tricia D. Smith sold 11,730 shares of the firm’s stock in a transaction on Friday, September 6th. The shares were sold at an average price of $35.29, for a total transaction of $413,951.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 31.80% of the stock is currently owned by company insiders.

About Urban Outfitters

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.