Analysts expect that Urban Outfitters, Inc. (NASDAQ:URBN) will post $0.63 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Twelve analysts have provided estimates for Urban Outfitters’ earnings, with estimates ranging from $0.59 to $0.65. Urban Outfitters reported earnings per share of $0.41 during the same quarter last year, which suggests a positive year over year growth rate of 53.7%. The company is scheduled to issue its next earnings results on Monday, November 19th.

On average, analysts expect that Urban Outfitters will report full year earnings of $2.66 per share for the current financial year, with EPS estimates ranging from $2.54 to $2.75. For the next financial year, analysts expect that the business will report earnings of $2.89 per share, with EPS estimates ranging from $2.58 to $3.08. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that follow Urban Outfitters.

Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings results on Tuesday, August 21st. The apparel retailer reported $0.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.07. The business had revenue of $992.50 million for the quarter, compared to analysts’ expectations of $980.19 million. Urban Outfitters had a return on equity of 18.92% and a net margin of 4.71%. The firm’s quarterly revenue was up 13.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.44 earnings per share.

Several equities analysts recently issued reports on URBN shares. BidaskClub cut Urban Outfitters from a “buy” rating to a “hold” rating in a report on Tuesday, September 18th. Nomura raised their target price on Urban Outfitters from $40.00 to $43.00 and gave the stock a “neutral” rating in a report on Wednesday, August 22nd. Jefferies Financial Group set a $58.00 target price on Urban Outfitters and gave the stock a “buy” rating in a report on Wednesday, August 22nd. Robert W. Baird cut Urban Outfitters from an “outperform” rating to a “neutral” rating and set a $38.00 target price on the stock. in a report on Tuesday, August 14th. They noted that the move was a valuation call. Finally, SunTrust Banks raised their target price on Urban Outfitters to $55.00 and gave the stock a “positive” rating in a report on Wednesday, August 22nd. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and nine have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $45.83.

In other news, CEO Trish Donnelly sold 19,332 shares of the firm’s stock in a transaction dated Friday, August 24th. The stock was sold at an average price of $46.10, for a total transaction of $891,205.20. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 25.90% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in URBN. FMR LLC raised its position in shares of Urban Outfitters by 79.7% during the second quarter. FMR LLC now owns 7,872,878 shares of the apparel retailer’s stock worth $350,737,000 after purchasing an additional 3,492,613 shares during the period. Waddell & Reed Financial Inc. acquired a new stake in shares of Urban Outfitters during the second quarter worth about $50,202,000. Wedge Capital Management L L P NC raised its position in shares of Urban Outfitters by 5,317.6% during the second quarter. Wedge Capital Management L L P NC now owns 1,000,470 shares of the apparel retailer’s stock worth $44,571,000 after purchasing an additional 982,003 shares during the period. BlackRock Inc. raised its position in shares of Urban Outfitters by 7.9% during the second quarter. BlackRock Inc. now owns 10,188,634 shares of the apparel retailer’s stock worth $453,903,000 after purchasing an additional 749,276 shares during the period. Finally, Smith Asset Management Group LP acquired a new stake in Urban Outfitters in the 2nd quarter valued at approximately $25,925,000. 77.08% of the stock is currently owned by institutional investors.

Urban Outfitters stock opened at $38.59 on Wednesday. The stock has a market capitalization of $4.46 billion, a P/E ratio of 23.11, a PEG ratio of 1.20 and a beta of 0.55. Urban Outfitters has a 12-month low of $22.15 and a 12-month high of $52.50.

Urban Outfitters Company Profile

Urban Outfitters, Inc, a lifestyle products and services company, engages in the retail and wholesale of general consumer products. The company retails women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28 under the Urban Outfitters brand; and women's casual apparel and accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty products for women aged 28 to 45 under the Anthropologie brand.

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Earnings History and Estimates for Urban Outfitters (NASDAQ:URBN)

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