Equities Analysts Issue Forecasts for Urban Outfitters, Inc.’s Q1 2019 Earnings (URBN)
Urban Outfitters, Inc. (NASDAQ:URBN) – SunTrust Banks issued their Q1 2019 EPS estimates for Urban Outfitters in a research report issued on Thursday. SunTrust Banks analyst P. Quintiliano anticipates that the apparel retailer will post earnings of $0.15 per share for the quarter. SunTrust Banks has a “Buy” rating and a $40.00 price target on the stock. SunTrust Banks also issued estimates for Urban Outfitters’ Q2 2019 earnings at $0.60 EPS, Q3 2019 earnings at $0.46 EPS and Q4 2019 earnings at $0.72 EPS.
Urban Outfitters (NASDAQ:URBN) last released its quarterly earnings data on Monday, November 20th. The apparel retailer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.08. The firm had revenue of $892.77 million during the quarter, compared to analyst estimates of $860.64 million. Urban Outfitters had a return on equity of 13.34% and a net margin of 4.81%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.40 earnings per share.
Urban Outfitters (NASDAQ URBN) traded up $0.44 during trading hours on Monday, hitting $34.14. The stock had a trading volume of 1,472,600 shares, compared to its average volume of 2,555,180. The stock has a market capitalization of $3,700.00, a price-to-earnings ratio of 22.76, a PEG ratio of 1.46 and a beta of 0.62. Urban Outfitters has a 52-week low of $16.19 and a 52-week high of $36.10.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Thrivent Financial For Lutherans raised its holdings in Urban Outfitters by 7.2% in the second quarter. Thrivent Financial For Lutherans now owns 17,870 shares of the apparel retailer’s stock worth $331,000 after purchasing an additional 1,200 shares in the last quarter. Mutual of America Capital Management LLC raised its holdings in Urban Outfitters by 2.4% in the fourth quarter. Mutual of America Capital Management LLC now owns 65,809 shares of the apparel retailer’s stock worth $2,307,000 after purchasing an additional 1,514 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Urban Outfitters by 42.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,094 shares of the apparel retailer’s stock worth $179,000 after purchasing an additional 1,522 shares in the last quarter. ING Groep NV raised its holdings in Urban Outfitters by 21.4% in the fourth quarter. ING Groep NV now owns 12,087 shares of the apparel retailer’s stock worth $424,000 after purchasing an additional 2,133 shares in the last quarter. Finally, Osborne Partners Capital Management LLC raised its holdings in Urban Outfitters by 1.4% in the fourth quarter. Osborne Partners Capital Management LLC now owns 163,075 shares of the apparel retailer’s stock worth $5,717,000 after purchasing an additional 2,275 shares in the last quarter. Institutional investors and hedge funds own 83.54% of the company’s stock.
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Urban Outfitters Company Profile
Urban Outfitters, Inc is a lifestyle specialty retail company. The Company operates through two segments: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.
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