Urban Outfitters Inc. (NASDAQ:URBN)

This rating was issued on 3/06/17.

On Tuesday, the stock shed 1.05 percent during the normal trading session and lost additional 1.61 percent in the extended hours of trading following the results announcement. MKM Partners cut Urban Outfitters from a “neutral” rating to a “sell” rating and set a $35.00 target price on the stock.in a research report on Monday, February 27th. The median estimate represents a -2.60% decrease from the last price of 12.32. Analyst’s mean target price for FE is $34.56 while analysts mean recommendation is 2.80. Goldman Sachs Downgrades the stock to Sell on 2/02/17 with no specific Price Target. The stock carved out a 52-week low down at $24.29. (NASDAQ:URBN) will report quarterly earnings after the market closes tomorrow.

Price-to-earnings ratio is pursued by market predictors for attaining valuation of Urban Outfitters, Inc. Urban Outfitters, Inc. has a one year low of $20.06 and a one year high of $40.80.

Zacks provides analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations. Meanwhile, Bojangles raked in $139.4 million in revenue, missing the consensus estimate by $1 million. For Food and Beverage net sales came in at $6 million compared with $1.8 million in the prior-year quarter.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 10/2016, the consensus mean EPS was $0.44 while Urban Outfitters, Inc.

At the moment 33 analysts are watching Urban Outfitters, Inc. The 27 Estimize respondents have a consensus estimate of $0.55 per share for the three months that ended in January. 0 analysts call it Underweight, while 0 think it is Overweight.

Kate Spade & Company delivered an average positive earnings surprise of 14.6% in the trailing four quarters and has a long-term earnings growth rate of 28.3%. The stock has a market capitalization of $2.89B and it has 116.23M outstanding shares.

Urban Outfitters Inc. profits sank in the fourth quarter and year as strong growth online wasn’t enough to compensate for the company’s weakening retail business. Currently, the stock has a 1 Year Price Target of $29.77. The stock has a 50-day moving average price of $26.70 and a 200-day moving average price of $32.22. (NASDAQ:URBN) 52-week high was $40.80 while $22.87 is the low hit in same period. Schroder Investment Management Group raised its stake in shares of Urban Outfitters by 17.1% in the third quarter. The SEC filing shows that Conforti Frank performed a sale of 4,000 shares. (NASDAQ:URBN) is 1.85. The Average Volume (3 months) is 2.34 Million.

The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent.

“Urban Outfitters, Inc. (URBN) Announces Quarterly Earnings Results, Misses Expectations By $0.01 EPS” was originally posted by Chaffey Breeze and is the sole property of of Chaffey Breeze.