Urban Outfitters (URBN) Scheduled to Post Quarterly Earnings on Monday
Urban Outfitters (NASDAQ:URBN) is set to post its quarterly earnings results on Monday, August 18th. Investors interested in registering for the company’s conference call can do so using this link.
Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Monday, May 19th. The company reported $0.26 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.27 by $0.01. The company had revenue of $686.30 million for the quarter, compared to the consensus estimate of $680.61 million. During the same quarter last year, the company posted $0.32 earnings per share. Urban Outfitters’s revenue was up 5.9% compared to the same quarter last year. On average, analysts expect Urban Outfitters to post $1.97 EPS for the current fiscal year and $2.28 EPS for the next fiscal year.
Shares of Urban Outfitters (NASDAQ:URBN) opened at 36.345 on Friday. Urban Outfitters has a 52-week low of $32.23 and a 52-week high of $44.15. The stock’s 50-day moving average is $34.81 and its 200-day moving average is $35.36. The company has a market cap of $5.007 billion and a P/E ratio of 19.83.
Several analysts have recently commented on the stock. Analysts at Wunderlich initiated coverage on shares of Urban Outfitters in a research note on Tuesday. They set a “buy” rating and a $42.00 price target on the stock. On the ratings front, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Urban Outfitters in a research note on Wednesday, July 30th. They now have a $38.00 price target on the stock, down previously from $40.00. Finally, analysts at Janney Montgomery Scott reiterated a “fair value” rating on shares of Urban Outfitters in a research note on Monday, July 28th. They now have a $41.00 price target on the stock, up previously from $40.00. Eleven equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Urban Outfitters currently has an average rating of “Buy” and a consensus target price of $41.81.
Urban Outfitters, Inc (NASDAQ:URBN) is a lifestyle specialty retail company, which operates under the Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands.
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