(NASDAQ:ODP) tinted loss of -0.56% (-0.02 points) to US$3.52. The heightened volatility saw the trading volume jump to 36,73,859 shares. The prior close of the stock price is recorded at $36.77.
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Analysts await Urban Outfitters, Inc. The company now has a Return on Equity (ROE) of 18.80% and a Return on Investment (ROI) of 17.70%. The company’s institutional ownership is monitored at 95.3%. Now the company has earned “Buy” from 8 equity analysts. For the next twelve months, the average of individual price target estimates submitted by covering sell-side analysts is $5.11. The median estimate represents a 34.94% increase from the last price of 3.52.
A number of other equities analysts have also commented on URBN. (NASDAQ:EVAR) traded 32743 shares and was closed at 1.09. “Underperform” verdict was shared by 0 analyst and “Outperform” recommendation was issued by 1 analyst. Recently, analysts have updated the mean rating to 2.9. Urban Outfitters, Inc. (NASDAQ:URBN)’s distance from 20 day simple moving average is 23.59% whereas its distance from 50 day simple moving average is 31.34% along with 38.82% distance from 200 day simple moving average. The latest trading activity of 3.67 Million shares is above its average volume of 2.4 Million shares.
The firm also raised its price target to $35 from $33 on shares of the Philadelphia-based retailer. For the past 5 years, the company’s revenue has grown 8.7%, while the company’s earnings per share has grown 2.1%.
Many analysts are providing their Estimated Earnings analysis for Urban Outfitters, Inc. and for the current quarter 32 analysts have projected that the stock could give an Average Earnings estimate of $0.44/share. In the past 52 weeks, the equity’s price traded between $19.26 and $ 37.16. (NYSE:NQ) is 13.00 while analysts mean recommendation is 2.00. Now the company has earned “Buy” from 1 equity analysts.
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Net income totaled $77 million or $0.66 earnings per diluted share for the three months ended July 31. 1 analysts call it Underweight, while 1 think it is Overweight. Ltd.; and (ii) the share purchase agreement announced on May 17, 2016 among Shenzhen Prince New Materials Co., Ltd., a company listed on the Shenzhen Stock Exchange, Dr. Vincent Wenyong Shi, the chairman and chief operating officer of the Company, Beijing Jinxin Hengrui Investment Center a limited partnership established in the PRC which Beijing Jinxin is a general partner and Xinjiang NQ Mobile Venture Capital Investment Co., Ltd. (“Xinjiang NQ”), a consolidated affiliated entity of the Company and the direct holder of the Company’s stake in FL Mobile Jiutian Technology Co., Ltd.
