Urban Outfitters - URBN Stock Forecast, Price & News

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nully. 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 casual apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45. The company also operates Bhldn stores, which offer heirloom quality wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie, and decorations; and Terrain stores that provide lifestyle home products, garden and outdoor living products, antiques, live plants, flowers, wellness products, and accessories. In addition, it operates Free People retail stores, which offer casual women's apparel, intimates, activewear, shoes, accessories, home products, gifts, and beauty and wellness products for young women aged 25 to 30; restaurants; and women's apparel subscription rental service under the Nuuly brand name. The company serves its customers directly through retail stores, Websites, mobile applications, catalogs and customer contact centers, franchised or third-party operated stores, and digital businesses. As of January 31, 2022, it operated 261 Urban Outfitters, 238 Anthropologie Group, and 173 Free People stores in the United States, Canada, and Europe; and 10 restaurants, as well as two Urban Outfitters and one Anthropologie franchisee-owned stores. The company is also involved in the wholesale of young women's contemporary casual apparel, intimates, activewear, and shoes under the Free People brand; and home goods through department and specialty stores worldwide. The company was founded in 1970 and is based in Philadelphia, Pennsylvania.

Analyst Ratings Changes

URBN has been the topic of several research reports. UBS Group cut their price target on Urban Outfitters from $25.00 to $20.00 in a research note on Friday, July 15th. B. Riley cut shares of Urban Outfitters from a "buy" rating to a "neutral" rating and lowered their price target for the stock from $35.00 to $23.00 in a research report on Friday, June 17th. TheStreet downgraded shares of Urban Outfitters from a "b-" rating to a "c+" rating in a research note on Friday, May 20th. Barclays dropped their target price on Urban Outfitters from $29.00 to $21.00 and set an "equal weight" rating on the stock in a research report on Thursday, May 26th. Finally, Wells Fargo & Company reduced their price target on Urban Outfitters from $28.00 to $20.00 and set an "equal weight" rating for the company in a research report on Wednesday, May 25th. Eleven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, Urban Outfitters has a consensus rating of "Hold" and a consensus price target of $28.00.

Urban Outfitters Trading Up 1.5 %

NASDAQ:URBN opened at $22.29 on Friday. The company's 50 day moving average is $20.46 and its two-hundred day moving average is $23.55. The company has a market cap of $2.07 billion, a PE ratio of 7.66, a P/E/G ratio of 0.54 and a beta of 1.41. Urban Outfitters has a twelve month low of $17.81 and a twelve month high of $41.03.

Urban Outfitters (NASDAQ:URBN - Get Rating) last announced its quarterly earnings data on Tuesday, May 24th. The apparel retailer reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.42 by ($0.09). Urban Outfitters had a net margin of 6.18% and a return on equity of 16.83%. The company had revenue of $1.05 billion for the quarter, compared to analysts' expectations of $1.07 billion. During the same period last year, the firm earned $0.54 earnings per share. Urban Outfitters's quarterly revenue was up 13.2% compared to the same quarter last year. As a group, analysts expect that Urban Outfitters will post 2.25 EPS for the current fiscal year.