Urban Outfitters, Inc. (NASDAQ:URBN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Urban Outfitters, Inc. (NASDAQ:URBN) have earned an average recommendation of “Moderate Buy” from the eighteen brokerages that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $86.50.

Several research analysts have commented on URBN shares. Citigroup upped their target price on shares of Urban Outfitters from $76.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Guggenheim assumed coverage on Urban Outfitters in a research report on Tuesday, December 9th. They set a “neutral” rating for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Urban Outfitters in a report on Monday, December 22nd. Morgan Stanley raised their target price on Urban Outfitters from $85.00 to $91.00 and gave the company an “overweight” rating in a research report on Wednesday, November 26th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Urban Outfitters in a research report on Wednesday, November 26th.

More Urban Outfitters News

Here are the key news stories impacting Urban Outfitters this week:

• Neutral Sentiment: Insider transactions disclosed to the SEC — filings show the trades and remaining holdings (links to the SEC filing). SEC Ownership Filing
• Negative Sentiment: CEO Richard A. Hayne sold 21,334 shares across Dec. 24 and Dec. 26 for roughly $1.645M in proceeds (avg prices ~$77.68 and $76.57). He still holds ~17.8M shares, but CEO sales can signal near-term profit-taking and pressure sentiment. Richard A. Hayne Insider Trades
• Negative Sentiment: Insider Margaret Hayne sold 18,666 shares across the same dates for roughly $1.440M in proceeds (avg prices ~$77.68 and $76.57). While her remaining stake is sizable, the sales contribute to negative near-term headline risk. Margaret Hayne Insider Trades
• Negative Sentiment: Analyst action: Wall Street Zen cut URBN to “Hold,” which can reduce buying enthusiasm from investors who follow analyst guidance. Urban Outfitters Cut to Hold at Wall Street Zen

Insider Transactions at Urban Outfitters

In related news, insider Margaret Hayne sold 9,333 shares of the company’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $76.57, for a total value of $714,627.81. Following the completion of the sale, the insider owned 2,234,729 shares of the company’s stock, valued at $171,113,199.53. This represents a 0.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Richard A. Hayne sold 10,667 shares of the stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $76.57, for a total transaction of $816,772.19. Following the completion of the transaction, the chief executive officer owned 17,793,265 shares of the company’s stock, valued at $1,362,430,301.05. This represents a 0.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 312,733 shares of company stock worth $24,179,152. Company insiders own 31.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Root Financial Partners LLC acquired a new stake in Urban Outfitters in the third quarter worth approximately $25,000. Hollencrest Capital Management acquired a new position in shares of Urban Outfitters during the 2nd quarter valued at $26,000. Global Retirement Partners LLC raised its stake in shares of Urban Outfitters by 158.4% in the 3rd quarter. Global Retirement Partners LLC now owns 460 shares of the apparel retailer’s stock worth $33,000 after buying an additional 282 shares in the last quarter. Cullen Frost Bankers Inc. lifted its holdings in shares of Urban Outfitters by 180.2% in the second quarter. Cullen Frost Bankers Inc. now owns 468 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 301 shares during the period. Finally, Kilter Group LLC bought a new position in Urban Outfitters during the second quarter valued at about $36,000. Institutional investors and hedge funds own 77.61% of the company’s stock.

Urban Outfitters Price Performance

Shares of URBN opened at $76.43 on Tuesday. The company has a market cap of $6.85 billion, a P/E ratio of 14.42, a PEG ratio of 1.16 and a beta of 1.20. Urban Outfitters has a 12 month low of $41.89 and a 12 month high of $83.94. The stock has a fifty day moving average price of $71.12 and a 200 day moving average price of $71.91.

Urban Outfitters (NASDAQ:URBN) last announced its quarterly earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share (EPS) for the quarter. Urban Outfitters had a net margin of 8.15% and a return on equity of 18.33%. The company had revenue of $1.53 billion during the quarter. As a group, research analysts anticipate that Urban Outfitters will post 3.91 earnings per share for the current year.

Urban Outfitters Company Profile

Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city’s historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.

The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.