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.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on URBN shares. B. Riley cut Urban Outfitters from a "buy" rating to a "neutral" rating and dropped their price target for the company from $35.00 to $23.00 in a research report on Friday, June 17th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Urban Outfitters from $35.00 to $24.00 in a research report on Wednesday, May 25th. Citigroup lowered their price target on shares of Urban Outfitters from $42.00 to $30.00 in a research report on Monday, May 23rd. Wells Fargo & Company cut their price objective on shares of Urban Outfitters from $28.00 to $20.00 and set an "equal weight" rating for the company in a report on Wednesday, May 25th. Finally, BMO Capital Markets lowered their target price on shares of Urban Outfitters from $27.00 to $21.00 in a 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $28.00.

Urban Outfitters Trading Up 1.5 %

Shares of NASDAQ:URBN traded up $0.33 during trading on Friday, reaching $22.28. The company had a trading volume of 87,204 shares, compared to its average volume of 1,847,062. The company has a fifty day moving average of $20.45 and a two-hundred day moving average of $23.64. The stock has a market capitalization of $2.06 billion, a P/E ratio of 7.54, a price-to-earnings-growth ratio of 0.52 and a beta of 1.41. Urban Outfitters has a 12 month low of $17.81 and a 12 month high of $41.03.

Urban Outfitters (NASDAQ:URBN - Get Rating) last released its earnings results on Tuesday, May 24th. The apparel retailer reported $0.33 EPS 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 firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same period in the prior year, the company earned $0.54 EPS. The firm's revenue was up 13.2% compared to the same quarter last year. As a group, equities research analysts predict that Urban Outfitters will post 2.25 earnings per share for the current year.