Urban Outfitters Inc. [NASDAQ: URBN] loss -1.18% on the last trading session, reaching $19.19 price per share at the time. The company report on May 19, 2020 that URBN Reports Preliminary Q1 Results.
Urban Outfitters, Inc. (URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of Anthropologie, BHLDN, Free People, Terrain, Urban Outfitters and Nuuly brands and the Menus & Venues division, today announced a preliminary net loss of $138 million and preliminary loss per diluted share of $1.41 for the three months ended April 30, 2020.
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The impact of the coronavirus pandemic (COVID-19) on the Company’s business has resulted in the need to perform impairment assessments of the Company’s long-lived assets. These preliminary financial results include a provisional impairment expense and the corresponding tax effects, all of which are currently being evaluated. While these items are non-cash in nature, a potential change to the provisional impairment expense could materially impact the reported results.
Urban Outfitters Inc. represents 97.91 million in outstanding shares, while the company has a total market value of $1.86 billion with the latest information. URBN stock price has been found in the range of $18.72 to $19.7899.
If compared to the average trading volume of 2.61M shares, URBN reached a trading volume of 2083058 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Urban Outfitters Inc. [URBN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for URBN shares is $18.63 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on URBN stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Urban Outfitters Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on August 12, 2020. The new note on the price target was released on July 20, 2020, representing the official price target for Urban Outfitters Inc. stock. Previously, the target price had yet another drop from $22 to $20, while Telsey Advisory Group kept a Outperform rating on URBN stock. On March 04, 2020, analysts decreased their price target for URBN shares from 29 to 24.
The Average True Range (ATR) for Urban Outfitters Inc. is set at 0.93, with the Price to Sales ratio for URBN stock in the period of the last 12 months amounting to 0.50. The Price to Book ratio for the last quarter was 1.45, with the Price to Cash per share for the same quarter was set at 6.74.
Trading performance analysis for URBN stock
Urban Outfitters Inc. [URBN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.16. With this latest performance, URBN shares gained by 20.24% in over the last four-week period, additionally sinking by -33.16% over the last 6 months – not to mention a drop of -12.25% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for URBN stock in for the last two-week period is set at 62.43, with the RSI for the last a single of trading hit 67.68, and the three-weeks RSI is set at 58.74 for Urban Outfitters Inc. [URBN]. The present Moving Average for the last 50 days of trading for this stock 17.26, while it was recorded at 19.30 for the last single week of trading, and 21.41 for the last 200 days.
Urban Outfitters Inc. [URBN]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Urban Outfitters Inc. [URBN] shares currently have an operating margin of +6.54 and a Gross Margin at +31.49. Urban Outfitters Inc.’s Net Margin is presently recorded at +4.22.
Return on Total Capital for URBN is now 12.10, given the latest momentum, and Return on Invested Capital for the company is 8.24. Return on Equity for this stock inclined to 11.42, with Return on Assets sitting at 6.14. When it comes to the capital structure of this company, Urban Outfitters Inc. [URBN] has a Total Debt to Total Equity ratio set at 93.39. Additionally, URBN Total Debt to Total Capital is recorded at 48.29, with Total Debt to Total Assets ending up at 40.99. Long-Term Debt to Equity for the company is recorded at 78.16, with the Long-Term Debt to Total Capital now at 40.42.
Reflecting on the efficiency of the workforce at the company, Urban Outfitters Inc. [URBN] managed to generate an average of $7,004 per employee. Receivables Turnover for the company is 47.22 with a Total Asset Turnover recorded at a value of 1.45.Urban Outfitters Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 1.80.
Urban Outfitters Inc. [URBN]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Urban Outfitters Inc. posted 0.61/share EPS, while the average EPS was predicted by analysts to be reported at 0.58/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for URBN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Urban Outfitters Inc. go to -1.31%.
An analysis of insider ownership at Urban Outfitters Inc. [URBN]
There are presently around $1,422 million, or 74.90% of URBN stock, in the hands of institutional investors. The top three institutional holders of URBN stocks are: SHAPIRO CAPITAL MANAGEMENT LLC with ownership of 10,638,600, which is approximately 7.95% of the company’s market cap and around 20.80% of the total institutional ownership; BLACKROCK INC., holding 6,024,228 shares of the stock with an approximate value of $115.61 million in URBN stocks shares; and VANGUARD GROUP INC, currently with $110.89 million in URBN stock with ownership of nearly 1.921% of the company’s market capitalization.
Positions in Urban Outfitters Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 111 institutional holders increased their position in Urban Outfitters Inc. [NASDAQ:URBN] by around 11,231,782 shares. Additionally, 122 investors decreased positions by around 15,079,565 shares, while 34 investors held positions by with 47,808,024 shares. The mentioned changes placed institutional holdings at 74,119,371 shares, according to the latest SEC report filing. URBN stock had 25 new institutional investments in for a total of 1,419,124 shares, while 60 institutional investors sold positions of 3,684,436 shares during the same period.