Zacks Research Analysts Decrease Earnings Estimates for URBN

Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) - Stock analysts at Zacks Research cut their Q3 2026 earnings per share estimates for Urban Outfitters in a report released on Wednesday, June 11th. Zacks Research analyst R. Department now forecasts that the apparel retailer will earn $1.17 per share for the quarter, down from their previous estimate of $1.25. The consensus estimate for Urban Outfitters' current full-year earnings is $3.91 per share. Zacks Research also issued estimates for Urban Outfitters' Q4 2026 earnings at $1.18 EPS, Q1 2027 earnings at $1.16 EPS, Q3 2027 earnings at $1.29 EPS, Q4 2027 earnings at $1.27 EPS and Q1 2028 earnings at $1.22 EPS.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last issued its quarterly earnings data on Wednesday, May 21st. The apparel retailer reported $1.16 EPS for the quarter, topping analysts' consensus estimates of $0.81 by $0.35. Urban Outfitters had a return on equity of 17.98% and a net margin of 7.91%. The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the business earned $0.69 EPS. The firm's revenue was up 10.7% on a year-over-year basis.

Other research analysts have also issued reports about the stock. BMO Capital Markets set a $76.00 target price on shares of Urban Outfitters and gave the company a "market perform" rating in a research note on Thursday, May 22nd. Citigroup reduced their price objective on Urban Outfitters from $65.00 to $54.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Baird R W upgraded Urban Outfitters from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 11th. UBS Group lifted their target price on Urban Outfitters from $54.00 to $75.00 and gave the company a "neutral" rating in a research note on Wednesday, May 28th. Finally, Wells Fargo & Company reiterated an "equal weight" rating on shares of Urban Outfitters in a research report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, six have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $74.09.

Urban Outfitters Stock Performance

Shares of URBN traded down $0.66 during midday trading on Monday, hitting $68.86. 1,260,956 shares of the stock traded hands, compared to its average volume of 1,980,221. The business's 50 day moving average price is $60.39 and its two-hundred day moving average price is $56.09. The firm has a market capitalization of $6.17 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 1.17 and a beta of 1.45. Urban Outfitters has a 1-year low of $33.86 and a 1-year high of $75.80.

Insider Buying and Selling at Urban Outfitters

In other news, CEO Tricia D. Smith sold 4,500 shares of Urban Outfitters stock in a transaction that occurred on Wednesday, June 11th. The shares were sold at an average price of $70.52, for a total value of $317,340.00. Following the transaction, the chief executive officer now owns 13,477 shares of the company's stock, valued at $950,398.04. The trade was a 25.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Harry S. Cherken, Jr. sold 35,000 shares of the business's stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $74.15, for a total transaction of $2,595,250.00. Following the completion of the sale, the director now owns 480,296 shares in the company, valued at $35,613,948.40. The trade was a 6.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 159,156 shares of company stock valued at $11,636,158. 31.60% of the stock is owned by corporate insiders.

Institutional Trading of Urban Outfitters

Large investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC increased its holdings in shares of Urban Outfitters by 1,016.6% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 131,606 shares of the apparel retailer's stock valued at $7,223,000 after buying an additional 119,820 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Urban Outfitters by 1,778.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 34,588 shares of the apparel retailer's stock worth $1,898,000 after acquiring an additional 32,747 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Urban Outfitters by 7.9% in the 4th quarter. Bank of New York Mellon Corp now owns 706,161 shares of the apparel retailer's stock worth $38,754,000 after acquiring an additional 51,657 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Urban Outfitters by 5.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,174,966 shares of the apparel retailer's stock worth $64,482,000 after purchasing an additional 60,697 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of Urban Outfitters by 313.4% during the first quarter. SG Americas Securities LLC now owns 23,342 shares of the apparel retailer's stock valued at $1,223,000 after purchasing an additional 17,696 shares during the last quarter. 77.61% of the stock is currently owned by institutional investors.

Urban Outfitters Company Profile

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.