NASDAQ:URBN - Urban Outfitters Stock Price, Price Target & More

Urban Outfitters trades on the NASDAQ under the ticker symbol "URBN."

Urban Outfitters announced that its Board of Directors has approved a share buyback plan on Saturday, August 26th 2017, which allows the company to buyback $20,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 0.9% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

Urban Outfitters (NASDAQ:URBN) posted its earnings results on Tuesday, May, 22nd. The apparel retailer reported $0.38 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.08. The apparel retailer had revenue of $855.70 million for the quarter, compared to analyst estimates of $837.79 million. Urban Outfitters had a net margin of 3.71% and a return on equity of 16.13%. The business's quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 earnings per share. View Urban Outfitters' Earnings History.

Urban Outfitters is scheduled to release their next quarterly earnings announcement on Tuesday, August, 21st 2018. View Earnings Estimates for Urban Outfitters.

24 analysts have issued 12-month target prices for Urban Outfitters' shares. Their forecasts range from $16.00 to $54.00. On average, they anticipate Urban Outfitters' stock price to reach $41.3478 in the next year. This suggests that the stock has a possible downside of 10.1%. View Analyst Ratings for Urban Outfitters.

24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Urban Outfitters in the last year. There are currently 2 sell ratings, 13 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Urban Outfitters include Viacom, Inc. Class A (VIA), GAP (GPS), Nordstrom (JWN), American Eagle Outfitters (AEO), Childrens Place (PLCE), Abercrombie & Fitch (ANF), Buckle (BKE), Lands' End (LE), Stein Mart (SMRT), Destination XL Group (DXLG) and Stage Stores (SSI).

News headlines about URBN stock have trended somewhat positive recently, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Urban Outfitters earned a coverage optimism score of 0.09 on Accern's scale. They also assigned news articles about the apparel retailer an impact score of 46.87 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Urban Outfitters' stock is owned by many different of retail and institutional investors. Top institutional shareholders include MASSACHUSETTS FINANCIAL SERVICES COMPANY (3.90%), Sib LLC (0.18%), LGT Capital Partners LTD. (0.17%), Empirical Finance LLC (0.09%), Thompson Investment Management Inc. (0.09%) and James Investment Research Inc. (0.05%). Company insiders that own Urban Outfitters stock include Azeez Hayne, Calvin Hollinger, David W Mccreight, Edward N Antoian, Frank Conforti, Joel S Lawson III, Margaret Hayne, Robert H Strouse, Scott A Belair and Trish Donnelly. View Institutional Ownership Trends for Urban Outfitters.

URBN stock was sold by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., Empirical Finance LLC, James Investment Research Inc., Thompson Investment Management Inc., Municipal Employees Retirement System of Michigan and Cerebellum GP LLC. Company insiders that have sold Urban Outfitters company stock in the last year include Azeez Hayne, Calvin Hollinger, David W Mccreight, Edward N Antoian, Frank Conforti, Joel S Lawson III, Margaret Hayne, Robert H Strouse, Scott A Belair and Trish Donnelly. View Insider Buying and Selling for Urban Outfitters.

URBN stock was purchased by a variety of institutional investors in the last quarter, including Cornerstone Wealth Management LLC, Dorsey Wright & Associates, Sib LLC, Whittier Trust Co., Fox Run Management L.L.C., Hartford Investment Management Co., Campbell & CO Investment Adviser LLC and Bank of Montreal Can. View Insider Buying and Selling for Urban Outfitters.

Shares of URBN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of URBN stock can currently be purchased for approximately $45.99.

Urban Outfitters has a market capitalization of $5.05 billion and generates $3.62 billion in revenue each year. The apparel retailer earns $108.26 million in net income (profit) each year or $1.67 on an earnings per share basis. Urban Outfitters employs 23,000 workers across the globe.

Urban Outfitters' mailing address is 5000 South Broad Street, Philadelphia PA, 19112. The apparel retailer can be reached via phone at 215-454-5500 or via email at [email protected]