Urban Outfitters, Inc. (NASDAQ:URBN) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Urban Outfitters, Inc. (NASDAQ:URBN) have been given an average rating of “Moderate Buy” by the eighteen analysts that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $86.50.

URBN has been the subject of a number of recent analyst reports. UBS Group raised their price objective on Urban Outfitters from $70.00 to $80.00 and gave the company a “neutral” rating in a research note on Wednesday, November 26th. Robert W. Baird set a $93.00 target price on Urban Outfitters in a research note on Wednesday, December 17th. The Goldman Sachs Group assumed coverage on shares of Urban Outfitters in a research report on Tuesday, December 9th. They set a “neutral” rating and a $83.00 price target for the company. Weiss Ratings restated a “buy (b)” rating on shares of Urban Outfitters in a research note on Monday, December 22nd. Finally, Morgan Stanley increased their price objective on shares of Urban Outfitters from $85.00 to $91.00 and gave the company an “overweight” rating in a research note on Wednesday, November 26th.

Key Urban Outfitters News

Here are the key news stories impacting Urban Outfitters this week:

• Neutral Sentiment: Insider transactions disclosed to the SEC — filings show the trades and remaining holdings (links to the SEC filing). SEC Ownership Filing
• Negative Sentiment: CEO Richard A. Hayne sold 21,334 shares across Dec. 24 and Dec. 26 for roughly $1.645M in proceeds (avg prices ~$77.68 and $76.57). He still holds ~17.8M shares, but CEO sales can signal near-term profit-taking and pressure sentiment. Richard A. Hayne Insider Trades
• Negative Sentiment: Insider Margaret Hayne sold 18,666 shares across the same dates for roughly $1.440M in proceeds (avg prices ~$77.68 and $76.57). While her remaining stake is sizable, the sales contribute to negative near-term headline risk. Margaret Hayne Insider Trades
• Negative Sentiment: Analyst action: Wall Street Zen cut URBN to “Hold,” which can reduce buying enthusiasm from investors who follow analyst guidance. Urban Outfitters Cut to Hold at Wall Street Zen

Urban Outfitters Price Performance

Urban Outfitters stock opened at $76.43 on Tuesday. Urban Outfitters has a 12-month low of $41.89 and a 12-month high of $83.94. The company has a market capitalization of $6.85 billion, a price-to-earnings ratio of 14.42, a price-to-earnings-growth ratio of 1.16 and a beta of 1.20. The firm’s fifty day moving average price is $71.12 and its 200 day moving average price is $71.91.

Urban Outfitters (NASDAQ:URBN) last announced its earnings results on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share for the quarter. Urban Outfitters had a return on equity of 18.33% and a net margin of 8.15%.The company had revenue of $1.53 billion during the quarter. Analysts forecast that Urban Outfitters will post 3.91 earnings per share for the current fiscal year.

Insider Transactions at Urban Outfitters

In other news, CEO Richard A. Hayne sold 10,667 shares of the stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $76.57, for a total transaction of $816,772.19. Following the transaction, the chief executive officer owned 17,793,265 shares of the company’s stock, valued at approximately $1,362,430,301.05. This trade represents a 0.06% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Margaret Hayne sold 9,333 shares of the business’s stock in a transaction dated Friday, December 26th. The shares were sold at an average price of $76.57, for a total value of $714,627.81. Following the completion of the sale, the insider directly owned 2,234,729 shares of the company’s stock, valued at approximately $171,113,199.53. This represents a 0.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 312,733 shares of company stock worth $24,179,152. Company insiders own 31.80% of the company’s stock.

Institutional Investors Weigh In On Urban Outfitters

Institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Urban Outfitters in the third quarter worth $25,000. Hollencrest Capital Management bought a new position in shares of Urban Outfitters in the 2nd quarter worth about $26,000. Global Retirement Partners LLC boosted its holdings in shares of Urban Outfitters by 158.4% in the 3rd quarter. Global Retirement Partners LLC now owns 460 shares of the apparel retailer’s stock valued at $33,000 after buying an additional 282 shares during the period. Cullen Frost Bankers Inc. grew its position in shares of Urban Outfitters by 180.2% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 468 shares of the apparel retailer’s stock valued at $34,000 after buying an additional 301 shares during the last quarter. Finally, Kilter Group LLC acquired a new position in Urban Outfitters in the second quarter valued at approximately $36,000. 77.61% of the stock is owned by institutional investors and hedge funds.

Urban Outfitters Company Profile

Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city’s historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.

The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.