Urban Outfitters, Inc. (URBN) concluded trading on Thursday at a closing price of $48.06, with 2.77 million shares of worth about $133.19 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 24.25% during that period and on July 11, 2024 the price saw a gain of about 8.32%. Currently the company’s common shares owned by public are about 92.79M shares, out of which, 59.03M shares are available for trading.
Stock saw a price change of 11.35% in past 5 days and over the past one month there was a price change of 12.55%. Year-to-date (YTD), URBN shares are showing a performance of 34.66% which increased to 35.34% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $30.05 but also hit the highest price of $47.29 during that period. The average intraday trading volume for Urban Outfitters, Inc. shares is 1.60 million. The stock is currently trading 10.41% above its 20-day simple moving average (SMA20), while that difference is up 14.28% for SMA50 and it goes to 23.56% higher than SMA200.
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Urban Outfitters, Inc. (NASDAQ: URBN) currently have 92.79M outstanding shares and institutions hold larger chunk of about 72.16% of that.
The stock has a current market capitalization of $4.49B and its 3Y-monthly beta is at 1.52. PE ratio of stock for trailing 12 months is 15.32, while it has posted earnings per share of $3.14 in the same period. Its PEG reads 0.56 and has Quick Ratio of 0.77 while making debt-to-equity ratio of 0.50. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for URBN, volatility over the week remained 3.67% while standing at 3.16% over the month.
Stock’s fiscal year EPS is expected to rise by 12.57% while it is estimated to increase by 9.44% in next year. EPS is likely to grow at an annualized rate of 27.50% for next 5-years, compared to annual growth of 2.34% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Telsey Advisory Group on May 22, 2024 offering an Outperform rating for the stock and assigned a target price range of between $48 and $49 to it. Coverage by Jefferies stated Urban Outfitters, Inc. (URBN) stock as an Underperform in their note to investors on April 17, 2024, suggesting a price target of $32 for the stock. On February 28, 2024, Telsey Advisory Group Reiterated their recommendations, while on February 12, 2024, UBS Upgrade their ratings for the stock with a price target of $41. Stock get an Outperform rating from Telsey Advisory Group on January 10, 2024.
