Shares of Urban Outfitters (NASDAQ:URBN) traded up 1.88% on Wednesday, hitting $35.85. It maintained return on assets (ROA) for the last twelve months at 48.31%. Over the same time span, the stock notched a high price of US$37.82 and its minimum level reached was US$19.26.
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The price/earnings ratio (P/E) is 19.51 and the forward P/E ratio stands at 15.70.
Urban Outfitters Inc. (NASDAQ:URBN)’s earnings per share growth ratio for the past 5 years was noted as 2.1% while revenue increase for the past 5 years was 8.7%.
Indeed, earnings growth is among the most important things to look in regards to stock investing and, accordingly, investors seek companies who have been successful at growing their earnings by at least 25 percent over a 3 year period.
Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. The insider owns 2,660,000 shares which have current market value of around $93605400.CHERKEN HARRY S JR is another major inside shareholder in the company. Wolfe Research’s price target would indicate a potential upside of 22.19% from the company’s previous close. But the stock was ranked Underweight by 1 number of analysts in current phase while overall the consensus rank was for Overweight. The company has a consensus rating of “Hold” and a consensus target price of $35.40. 1 analysts call it Overweight, while 1 think it is Underweight. The Corporation has a Mean Rating of 1.78 based on the Reuters Analysts consensus issuing ratings. The trading began at US$9.32 but the price moved to US$9.19 at one point during the session and finally capitulating to a session high of US$9.48. Zacks Investment Research raised shares of Urban Outfitters from a “hold” rating to a “strong-buy” rating and set a $42.00 target price on the stock in a research note on Tuesday, August 23rd.
Taking a longer term look at where the stock has been and where it’s headed, we note that now the stock has traded in the range of $85.72 – 131.98 over the past 52-weeks. During the same period past year, the firm earned $0.52 earnings per share. The brokerage now has $37.50 price target on the apparel retailer’s stock. The median estimate represents a 65.60% increase from the last price of 9.36. (NASDAQ:LULU) is $72.62 while analysts mean recommendation is 2.40. The stock is a Buy among 4 brokerage firms polled by Factset Research. The 11 analyst gave Hold ratings in recent rating and 0 stands at “Underweight” position. Overall revenue grew 3% in the quarter, but earnings per share were up 27% from $0.52 to $0.66, a result of higher gross margins due to fewer markdowns, decreased inventory, and an aggressive share buyback program that reduced shares outstanding by 9% over the past year.
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Separately, TheStreet Ratings objectively rated this stock according to its “risk-adjusted” total return prospect over a 12-month investment horizon.
