Urban Outfitters (URBN) Set to Announce Earnings on Tuesday

Urban Outfitters (NASDAQ:URBN) will post its quarterly earnings results after the market closes on Tuesday, November 26th. Analysts expect Urban Outfitters to post earnings of $0.82 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Urban Outfitters Stock Up 4.3 %

URBN opened at $38.98 on Monday. The company has a market cap of $3.60 billion, a PE ratio of 11.92, a price-to-earnings-growth ratio of 0.92 and a beta of 1.50. Urban Outfitters has a twelve month low of $31.41 and a twelve month high of $48.90. The company has a 50-day moving average price of $37.11 and a 200 day moving average price of $40.07.

Wall Street Analysts Forecast Growth

URBN has been the subject of several recent research reports. Bank of America reduced their price objective on Urban Outfitters from $52.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, August 22nd. Barclays decreased their price target on shares of Urban Outfitters from $52.00 to $43.00 and set an “overweight” rating on the stock in a research note on Thursday, August 22nd. Morgan Stanley dropped their price objective on shares of Urban Outfitters from $40.00 to $38.00 and set an “equal weight” rating for the company in a research note on Thursday, August 22nd. Telsey Advisory Group restated a “market perform” rating and set a $44.00 target price on shares of Urban Outfitters in a report on Wednesday, November 20th. Finally, Citigroup increased their price target on Urban Outfitters from $39.00 to $42.00 and gave the company a “neutral” rating in a report on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $42.27.

Insider Buying and Selling at Urban Outfitters

In other Urban Outfitters news, CEO Tricia D. Smith sold 11,730 shares of the firm’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $35.29, for a total value of $413,951.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 31.80% of the company’s stock.

About Urban Outfitters

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. 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 apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.