Urban Outfitters (NASDAQ:URBN) Rating Increased to Buy at Wall Street Zen

Urban Outfitters (NASDAQ:URBNGet Free Report) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday.

Other equities research analysts have also recently issued reports about the company. Robert W. Baird set a $93.00 target price on Urban Outfitters in a research note on Wednesday, December 17th. UBS Group reiterated a “neutral” rating on shares of Urban Outfitters in a research report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Urban Outfitters in a research note on Wednesday, November 26th. JPMorgan Chase & Co. dropped their price target on shares of Urban Outfitters from $96.00 to $94.00 and set an “overweight” rating for the company in a research note on Tuesday, January 20th. Finally, Guggenheim initiated coverage on shares of Urban Outfitters in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Eight equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Urban Outfitters presently has an average rating of “Hold” and a consensus target price of $86.25.

Get Our Latest Stock Report on Urban Outfitters

Urban Outfitters Stock Down 3.7%

Shares of NASDAQ:URBN opened at $66.20 on Friday. The firm has a market cap of $5.94 billion, a P/E ratio of 13.06, a P/E/G ratio of 0.95 and a beta of 1.24. Urban Outfitters has a 12 month low of $41.89 and a 12 month high of $84.35. The company’s 50-day moving average price is $72.31 and its two-hundred day moving average price is $71.49.

Urban Outfitters (NASDAQ:URBNGet Free Report) last announced its earnings results on Wednesday, February 25th. The apparel retailer reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.19. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.79 billion. Urban Outfitters had a net margin of 7.54% and a return on equity of 19.41%. Urban Outfitters’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.04 earnings per share. As a group, equities analysts predict that Urban Outfitters will post 3.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Urban Outfitters

In other Urban Outfitters news, insider Margaret Hayne sold 9,333 shares of Urban Outfitters stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $70.50, for a total transaction of $657,976.50. Following the transaction, the insider directly owned 1,933,859 shares in the company, valued at approximately $136,337,059.50. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Richard A. Hayne sold 10,667 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $70.50, for a total value of $752,023.50. Following the completion of the transaction, the chief executive officer directly owned 17,449,385 shares of the company’s stock, valued at approximately $1,230,181,642.50. The trade was a 0.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 582,850 shares of company stock worth $44,058,464. Company insiders own 31.60% of the company’s stock.

Hedge Funds Weigh In On Urban Outfitters

Several institutional investors and hedge funds have recently modified their holdings of URBN. Abrams Bison Investments LLC acquired a new stake in Urban Outfitters during the 4th quarter worth approximately $127,114,000. Jupiter Asset Management Ltd. increased its position in shares of Urban Outfitters by 900.1% during the third quarter. Jupiter Asset Management Ltd. now owns 969,999 shares of the apparel retailer’s stock worth $69,287,000 after acquiring an additional 873,008 shares in the last quarter. Capital World Investors acquired a new stake in shares of Urban Outfitters during the third quarter worth $60,795,000. Norges Bank bought a new stake in Urban Outfitters in the 2nd quarter valued at $55,429,000. Finally, Balyasny Asset Management L.P. lifted its position in Urban Outfitters by 5,360.2% in the 3rd quarter. Balyasny Asset Management L.P. now owns 618,152 shares of the apparel retailer’s stock valued at $44,155,000 after acquiring an additional 606,831 shares in the last quarter. 77.61% of the stock is currently owned by institutional investors and hedge funds.

More Urban Outfitters News

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

  • Positive Sentiment: Company reported record Q4 and FY26 results: revenue of $1.80B (+10.1% Y/Y) and EPS of $1.43, beating Street estimates; management said margins expanded. These beats explain the initial positive reaction to the print. TipRanks: Urban Outfitters Posts Record Results
  • Positive Sentiment: Nuuly rental business and turnaround at namesake Urban Outfitters stores are cited as key growth drivers — stronger subscribers/sales mix helped top-line and margin improvement. WSJ: Rental Business Beats Sales Target
  • Positive Sentiment: Analysts and outlets highlighted brand momentum and improved comps; several earnings summaries call out continued category strength and margin leverage. Zacks: Q4 Earnings & Sales Beat
  • Neutral Sentiment: Several bullish analyst/idea pieces argue URBN is an attractive consumer discretionary holding on improved fundamentals and upside potential; these are long-term supportive but don’t guarantee near-term moves. Seeking Alpha: Ideal Specialty Retailer
  • Neutral Sentiment: Additional Seeking Alpha analysis frames URBN as a buy-and-hold consumer discretionary name given secular initiatives and earnings tailwinds; useful context for investors with multi-quarter horizons. Seeking Alpha: Worth Owning
  • Negative Sentiment: Wells Fargo trimmed its price target to $75 and moved to “equal weight,” signaling some analyst caution on near-term upside and tempering investor enthusiasm. Benzinga: Wells Fargo Lowers PT
  • Negative Sentiment: Despite the beat, the stock is trading below its 50- and 200-day moving averages and volume is below average — technicals and profit-taking after the strong print may be putting downward pressure. MarketBeat: URBN Quote & Technicals

Urban Outfitters Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Urban Outfitters (NASDAQ:URBN)

Receive News & Ratings for Urban Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.