While Urban Outfitters, Inc. has underperformed by -0.43%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, URBN rose by 47.44%, with highs and lows ranging from $47.29 to $25.52, whereas the simple moving average jumped by 6.09% in the last 200 days.
On April 17, 2024, Jefferies Downgraded Urban Outfitters, Inc. (NASDAQ: URBN) to Underperform. A report published by Telsey Advisory Group on February 28, 2024, Reiterated its previous ‘Outperform’ rating for URBN. UBS also Upgraded URBN shares as ‘Neutral’, setting a target price of $41 on the company’s shares in a report dated February 12, 2024. Telsey Advisory Group Reiterated the rating as Outperform on January 10, 2024, but set its price target from $42 to $44. Morgan Stanley November 22, 2023d its ‘Overweight’ rating to ‘Equal-Weight’ for URBN, as published in its report on November 22, 2023. Jefferies’s report from September 25, 2023 suggests a price prediction of $31 for URBN shares, giving the stock a ‘Hold’ rating. Telsey Advisory Group also rated the stock as ‘Outperform’.
Analysis of Urban Outfitters, Inc. (URBN)
Further, the quarter-over-quarter increase in sales is 7.34%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Urban Outfitters, Inc.’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 14.73% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.74, 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.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and URBN is recording an average volume of 1.77M. On a monthly basis, the volatility of the stock is set at 3.11%, whereas on a weekly basis, it is put at 2.81%, with a gain of 5.72% over the past seven days. Furthermore, long-term investors anticipate a median target price of $44.49, showing growth from the present price of $39.19, 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?
A leading company in the Apparel Retail sector, Urban Outfitters, Inc. (URBN) is based in the USA. 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 12.85, there is a growth in quarterly earnings of 49.87%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. 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 37.18%. 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 71.51% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
URBN shares are owned by institutional investors to the tune of 71.51% at present.
