JPMorgan Chase & Co. restated an “overweight” rating and set a $50.00 price objective (up from $38.00) on shares of Urban Outfitters in a research note on Saturday, May 9th. Cantor Fitzgerald began coverage on shares of Urban Outfitters in a research report on Monday, April 20th.
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Shares of Urban Outfitters, Inc. The company has been rated an average of 2 by 25 Wall Street Analysts. On average, equities analysts predict that Urban Outfitters will post $1.90 EPS for the current fiscal year.
Urban Outfitters (NASDAQ:URBN) traded down 0.28% during mid-day trading on Monday, hitting $32.23.
Total Company net sales for the second quarter of fiscal 2016 increased 7% over the same quarter last year to a record $867 million.
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Rather than the usual Price to Earnings (P/E) multiple method, we use a slightly different method to assess if Urban Outfitters, Inc.is potentially a value buy for investors, the PEG ratio (P/E to growth). (NASDAQ:URBN). However, the stock price could fluctuate by $ 6.97 from the estimate as it is suggested by the standard deviation reading. Analysts are estimating that URBN will report earnings per share of $0.45 next quarter. (NASDAQ:URBN) as the stock opened the most recent session at 32.43 and at the time of writing the last Bid was at 32.19. The Company repurchased and subsequently retired 7.7 million common shares at a total cost of $258.2 million during fiscal 2015. Back-tested results show that only stocks with a Growth Style Score of A or B, when combined with a Zacks Rank # 1 or 2, offer the best upside potential. (NASDAQ:URBN) is $47.25 and the 52-week low is $27.89. Company shares. In the past six months, there is a change of -0.53% in the total insider ownership. The Retail section is made from the Business ‘s Urban Outfitters, Anthropologie Group, Terrain brands and Free People, whose products is sold directly to the Company’s customers through customer contact centres, Websites, mobile programs, catalogues and retail stores. The Company operates through two business segments: Retail and Wholesale. Free People retail stores offer private label branded goods targeted to young modern women aged 25 to 30. Terrain brand was created for men and women thinking about a creative, outdoor living and gardening. The Wholesale segment includes the Free People wholesale division that develops, mainly designs and markets young women’s contemporary casual clothing.
