Zacks Research Lifts Earnings Estimates for Urban Outfitters

Urban Outfitters, Inc. (NASDAQ:URBN - Free Report) - Stock analysts at Zacks Research lifted their Q2 2026 earnings per share (EPS) estimates for shares of Urban Outfitters in a research note issued on Wednesday, June 11th. Zacks Research analyst R. Department now anticipates that the apparel retailer will post earnings per share of $1.44 for the quarter, up from their prior forecast of $1.39. The consensus estimate for Urban Outfitters' current full-year earnings is $3.91 per share. Zacks Research also issued estimates for Urban Outfitters' FY2026 earnings at $4.95 EPS, Q2 2027 earnings at $1.47 EPS, FY2027 earnings at $5.19 EPS and FY2028 earnings at $5.43 EPS.

Urban Outfitters (NASDAQ:URBN - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The apparel retailer reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.35. Urban Outfitters had a net margin of 6.11% and a return on equity of 15.86%. The business had revenue of $1.33 billion for the quarter, compared to analysts' expectations of $1.29 billion. During the same period in the previous year, the company earned $0.69 earnings per share. The firm's revenue for the quarter was up 10.7% compared to the same quarter last year.

URBN has been the subject of a number of other research reports. Wells Fargo & Company reiterated an "equal weight" rating on shares of Urban Outfitters in a research report on Thursday, May 22nd. Bank of America raised their price objective on shares of Urban Outfitters from $70.00 to $80.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Barclays lifted their price objective on shares of Urban Outfitters from $59.00 to $73.00 and gave the company an "overweight" rating in a research note on Tuesday, May 20th. Wall Street Zen downgraded Urban Outfitters from a "strong-buy" rating to a "buy" rating in a research report on Friday, June 6th. Finally, JPMorgan Chase & Co. raised Urban Outfitters from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $63.00 to $78.00 in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $74.09.

Urban Outfitters Trading Down 1.7%

Shares of URBN stock traded down $1.16 during trading hours on Friday, hitting $68.01. 1,948,732 shares of the company were exchanged, compared to its average volume of 1,980,300. The stock has a market capitalization of $6.30 billion, a price-to-earnings ratio of 19.49, a P/E/G ratio of 1.02 and a beta of 1.45. The firm has a fifty day simple moving average of $58.60 and a 200 day simple moving average of $55.45. Urban Outfitters has a 52-week low of $33.86 and a 52-week high of $75.80.

Insiders Place Their Bets

In other news, insider Azeez Hayne sold 12,856 shares of the business's stock in a transaction on Tuesday, May 27th. The shares were sold at an average price of $73.00, for a total value of $938,488.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Tricia D. Smith sold 4,500 shares of Urban Outfitters stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of $70.52, for a total value of $317,340.00. Following the completion of the transaction, the chief executive officer now owns 13,477 shares of the company's stock, valued at approximately $950,398.04. This represents a 25.03% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 159,156 shares of company stock worth $11,636,158. Corporate insiders own 31.60% of the company's stock.

Institutional Trading of Urban Outfitters

A number of large investors have recently made changes to their positions in the stock. Whipplewood Advisors LLC increased its position in shares of Urban Outfitters by 2,893.8% during the first quarter. Whipplewood Advisors LLC now owns 479 shares of the apparel retailer's stock worth $25,000 after acquiring an additional 463 shares during the period. Jones Financial Companies Lllp grew its stake in Urban Outfitters by 61.5% in the fourth quarter. Jones Financial Companies Lllp now owns 525 shares of the apparel retailer's stock worth $29,000 after purchasing an additional 200 shares in the last quarter. Federated Hermes Inc. increased its holdings in Urban Outfitters by 17,175.0% during the 1st quarter. Federated Hermes Inc. now owns 691 shares of the apparel retailer's stock worth $36,000 after purchasing an additional 687 shares during the period. Virtus Advisers LLC bought a new stake in Urban Outfitters during the 1st quarter valued at $46,000. Finally, Exchange Traded Concepts LLC bought a new stake in Urban Outfitters during the 1st quarter valued at $52,000. 77.61% of the stock is owned by hedge funds and other 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.