Profit and same-store sales slide at Urban Outfitters

Shoppers with their Urban Outfitters shopping bags in Soho in New York

Shareholders can make better decisions if they focus on target prices, which convey more information for evaluating the potential risk/reward profile of a stock. UBS AG reissued a "neutral" rating and set a $21.00 price target (down from $25.00) on shares of Urban Outfitters in a research report on Wednesday, May 17th. JP Morgan maintained it with "Neutral" rating and $31 target in Friday, March 18 report. The stock now has a consensus rating of "Hold" and a consensus target price of $25.00.

Urban Outfitters, Inc. (URBN) price traded at a gap of -4.67% from an average price of last twenty days and stands at a distance of -3.23% away from it's an average price of recent fifty days.

Beta is also an important valuation ratio for analyzing the stock of the company, URBN has Beta of 0.63 while its industry and Sector's beta remains at 1.58 and 1.31 respectively. Urban Outfitters Inc. has $53 highest and $1700 lowest target. The stock closing price is now trading downward to its 50 day moving average with change of -7.81%, tumbled to its 20 day moving average with figure of -9.12% and behind its 200 day moving average with value -32.07%.

In the options pits, traders have been showing an unusual preference for puts lately. Investors acquired 32,160 put options on the stock.

Urban Outfitters (NASDAQ:URBN) last issued its earnings results on Tuesday, August 15th.

The company did not release any guidance in the report, but consensus estimates are calling for $0.34 in EPS and $854.4 million in revenue for the coming quarter. The company's revenue for the quarter was down.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.66 earnings per share.

Many analysts are providing their Estimated Earnings analysis for AMC Entertainment Holdings, Inc. and for the current quarter 9 analysts have projected that the stock could give an Average Earnings estimate of $-0.29/share.

WARNING: "Louisiana State Employees Retirement System Purchases 800 Shares of Urban Outfitters, Inc". If you are reading this article on another site, it was illegally stolen and reposted in violation of U.S. and worldwide copyright law. The legal version of this article can be read at https://www.com-unik.info/2017/08/14/urban-outfitters-inc-nasdaqurbn-pt-set-at-17-00-by-royal-bank-of-canada-updated-updated-updated.html.

Several hedge funds have recently added to or reduced their stakes in URBN. Cornerstone Capital Management Holdings LLC. now owns 30,900 shares of the apparel retailer's stock valued at $572,000 after buying an additional 8,800 shares during the period. Epoch Inv Ptnrs stated it has 0.01% of its portfolio in Urban Outfitters, Inc. FMR LLC increased its stake in Urban Outfitters by 2.4% in the second quarter. Sun Life Financial INC bought a new stake in Urban Outfitters during the second quarter worth $151,000. Bank of New York Mellon Corp now owns 3,926,812 shares of the apparel retailer's stock worth $72,803,000 after buying an additional 10,249 shares during the last quarter. Robecosam AG increased its stake in Urban Outfitters by 22.0% in the first quarter. 12,388,349 shares of the company's stock traded hands. The stock grabbed 31 new institutional investments totaling 2,915,690 shares while 65 institutional investors sold out their entire positions totaling 7,067,092 shares.

After a recent check, Urban Outfitters, Inc.'s 14-day RSI is presently at 37.328.

Comparable retail segment net sales, which includes the direct to consumer segment, fell 4.9%, the worst drop in seven years according to Bloomberg. Jefferies Group LLC restated a "buy" rating and set a $23.00 price objective on shares of Urban Outfitters in a report on Friday, June 9th. Institutional investors own 83.99% of the company's stock.

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