Urban Outfitters Receives Buy Rating from Brean Capital (URBN)

Sterne Agee CRT set a $34.00 price objective on shares of Urban Outfitters and gave the company a hold rating in a report on Tuesday, May 19th. RBC Capital assumed coverage on shares of Urban Outfitters in a research note on Monday, May 4th. Seventeen research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock.

Urban Outfitters shares gained 4.31 percent to $33.61 in the after-hours trading session. Urban Outfitters’s quarterly revenue was up 7.7% compared to the same quarter previous year.

Rather than the usual Price to Earnings (P/E) multiple method, we use a slightly different method to assess if Urban Outfitters, Inc.is potentially a value buy for investors, the PEG ratio (P/E to growth). (NASDAQ:URBN) ended Friday session in red amid volatile trading. The company has a market cap of $4,141 million and the number of outstanding shares have been calculated to be 128,131,000 shares.

Urban Outfitters Inc.‘s fiscal second-quarter profit edged down as higher marketing and technology expenses eroded margins and offset higher sales across brands. Analyst had a consensus of $0.49 EPS. Back-tested results show that only stocks with a Growth Style Score of A or B, when combined with a Zacks Rank # 1 or 2, offer the best upside potential. The retailer had $0.52 in earnings per share (EPS) on $867.5 million in revenue compared to consensus estimates from Thomson Reuters that called for $0.49 in EPS on $881.16 million. Company shares. In the past six months, there is a change of -0.53% in the total insider ownership. Urban Outfitters has a 52-week low of $27.89 and a 52-week high of $47.25.

Urban Outfitters Inc. has dropped 18.36% during the last 3-month period. The Anthropologie Group is made from the Bhldn and Anthropologie brands. Comparable retail segment net sales increased 14% at Free People, 4% at Urban Outfitters and 2% at the Anthropologie Group. The Company operates through two business segments: Retail and Wholesale. Free People private label is offered by retail stores branded goods targeted to young modern women aged 25 to 30. Terrain brand was fashioned for women and men thinking about a creative, outdoor gardening and living. The Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young womens contemporary casual apparel and sells the merchandise through approximately 1,400 department and specialty stores across the world.