Zacks Research Has Positive Estimate for URBN Q2 Earnings

Urban Outfitters, Inc. (NASDAQ:URBN) – Research analysts at Zacks Research upped their Q2 2027 EPS estimates for Urban Outfitters in a research note issued to investors on Wednesday, March 18th. Zacks Research analyst Team now anticipates that the apparel retailer will post earnings of $1.63 per share for the quarter, up from their prior forecast of $1.61. The consensus estimate for Urban Outfitters’ current full-year earnings is $3.91 per share. Zacks Research also issued estimates for Urban Outfitters’ Q3 2027 earnings at $1.46 EPS, FY2027 earnings at $5.76 EPS, Q2 2028 earnings at $1.85 EPS, Q4 2028 earnings at $1.56 EPS, FY2028 earnings at $6.31 EPS and FY2029 earnings at $6.51 EPS.

Urban Outfitters (NASDAQ:URBN) last announced its earnings results on Wednesday, February 25th. The apparel retailer reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.24 by $0.19. The firm had revenue of $1.80 billion during the quarter, compared to analyst estimates of $1.79 billion. Urban Outfitters had a net margin of 7.54% and a return on equity of 18.96%. Urban Outfitters’s revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.04 EPS.

URBN has been the topic of a number of other research reports. JPMorgan Chase & Co. lowered their price objective on shares of Urban Outfitters from $96.00 to $94.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. Wall Street Zen upgraded Urban Outfitters from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Barclays increased their price target on Urban Outfitters from $98.00 to $102.00 and gave the company an “overweight” rating in a research note on Friday, January 16th. UBS Group reiterated a “neutral” rating on shares of Urban Outfitters in a research report on Tuesday, January 13th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $98.00 price objective on shares of Urban Outfitters in a research note on Thursday, February 26th. Eight equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $86.25.

Urban Outfitters Trading Up 2.3%

URBN stock opened at $65.19 on Thursday. The firm’s 50-day moving average is $68.75 and its two-hundred day moving average is $70.47. The company has a market capitalization of $5.85 billion, a price-to-earnings ratio of 12.86, a price-to-earnings-growth ratio of 1.23 and a beta of 1.22. Urban Outfitters has a 52 week low of $41.89 and a 52 week high of $84.35.

Insider Activity at Urban Outfitters

In other Urban Outfitters news, CEO Richard A. Hayne sold 10,667 shares of the company’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $70.50, for a total value of $752,023.50. Following the transaction, the chief executive officer owned 17,449,385 shares of the company’s stock, valued at approximately $1,230,181,642.50. This represents a 0.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Margaret Hayne sold 9,333 shares of the stock in a transaction on Friday, February 20th. The shares were sold at an average price of $70.50, for a total value of $657,976.50. Following the sale, the insider owned 1,933,859 shares of the company’s stock, valued at $136,337,059.50. This trade represents a 0.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 413,517 shares of company stock valued at $30,625,730. Company insiders own 31.60% of the company’s stock.

Institutional Investors Weigh In On Urban Outfitters

Institutional investors and hedge funds have recently modified their holdings of the stock. Root Financial Partners LLC acquired a new position in shares of Urban Outfitters in the 3rd quarter valued at $25,000. Hollencrest Capital Management acquired a new stake in Urban Outfitters during the 2nd quarter worth about $26,000. Eurizon Capital SGR S.p.A. purchased a new stake in Urban Outfitters during the fourth quarter valued at about $27,000. Brown Brothers Harriman & Co. lifted its stake in Urban Outfitters by 815.0% during the fourth quarter. Brown Brothers Harriman & Co. now owns 366 shares of the apparel retailer’s stock valued at $28,000 after buying an additional 326 shares in the last quarter. Finally, Salomon & Ludwin LLC boosted its holdings in shares of Urban Outfitters by 58.4% in the fourth quarter. Salomon & Ludwin LLC now owns 404 shares of the apparel retailer’s stock worth $31,000 after buying an additional 149 shares during the period. 77.61% of the stock is owned by institutional investors and hedge funds.

About Urban Outfitters

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.