Urban Outfitters, Inc. (URBN) stock on the rise: An overview

While Urban Outfitters, Inc. has underperformed by -2.18%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, URBN rose by 45.12%, with highs and lows ranging from $40.95 to $24.73, whereas the simple moving average jumped by 17.72% in the last 200 days.

On January 10, 2024, Telsey Advisory Group Reiterated Urban Outfitters, Inc. (NASDAQ: URBN) to Outperform.

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Analysis of Urban Outfitters, Inc. (URBN)

Further, the quarter-over-quarter increase in sales is 9.00%, showing a positive trend in the upcoming months.

There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Urban Outfitters, Inc.’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 14.34% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.73, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

As an indicator of volatility for any stock, average volume can also be very valuable, and URBN is recording an average volume of 1.84M. On a monthly basis, the volatility of the stock is set at 2.84%, whereas on a weekly basis, it is put at 2.82%, with a loss of -0.18% over the past seven days. Furthermore, long-term investors anticipate a median target price of $39.09, showing decline from the present price of $39.11, which can serve as yet another indication of whether URBN is worth investing in or should be passed over.

How Do You Analyze Urban Outfitters, Inc. Shares?

Urban Outfitters, Inc. (URBN) is based in the USA and is one of the most prominent companies operating in the Apparel Retail market. When comparing Urban Outfitters, Inc. shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 13.57, there is a growth in quarterly earnings of 119.62%.

Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 37.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 72.45% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in URBN shares?

The recent increase in stakes in URBN appears to be a result of several institutional investors and hedge funds increasing their positions. BlackRock Fund Advisors’s position in URBN has decreased by -8.36% in the first quarter. The company now owns 8,821,498 shares of the stock, with a value of $314.84 million, following the sale of -804,553 additional shares during the last quarter. The Vanguard Group, Inc. made another increased to its shares in URBN during the first quarter, upping its stake by 2.32%. During the last quarter, the company picked up 156,014 additional shares for a total stake of worth $245.07 million, bringing number of shares owned by the company to 6,866,527.

During the first quarter, Dimensional Fund Advisors LP added a 37,652 position in URBN. SSgA Funds Management, Inc. sold an additional -0.1 million shares in the last quarter, decreasing its holdings by -3.62%, now holding 2.79 million shares worth $99.7 million. At the end of the first quarter, Turtle Creek Asset Management, In decreased its URBN holdings by -14.69% and now holds 2.67 million URBN shares valued at $95.28 million with the lessened -0.46 million shares during the period. URBN shares are owned by institutional investors to the tune of 72.45% at present.

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