Urban Outfitters, Inc. (NASDAQ:URBN) registered a 0.00% increase, still its new closing price is 14.84% up from the company’s 1 year high of 40.80.It posted -0.68% losses in previous 5 sessions and is now the subject of 23 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 9 buy or better ratings. The 34 stock analysts following this company have an average price target at $33.03, with individual PT in the $26.00-$45.00 range. The shares moved at $26.23, implying that brokerage firms see shares gaining about 10.12% in twelve months time.
Urban Outfitters, Inc. (URBN) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -7.90% fall year to date. A General Counsel and Secretary at Urban Outfitters, Inc. (URBN) offloaded shares in a transaction closed on Monday November 14, 2016. Hayne Azeez sold 6,260 shares in the company at $39.95 each and collected $250,000 in proceeds. Hayne Azeez now owns 14,604 shares in the company after this transaction. A CFO in the company, Conforti Frank, disclosed a transaction on Friday August 19, 2016 that ended up generating $149,001 from the sale of 4,000 shares at $37.42 per share.
Urban Outfitters, Inc. (NASDAQ:URBN) Upcoming Results on Tap
Urban Outfitters, Inc. will next provide financial results for the April 2017 quarter. Stock analysts expect it to report per-share earnings of $0.28 in that period. Sales during the quarter are predicted to arrive at $790.72 million.
Earnings surprise history: Last quarter, the company posted approximately $862.49 million in revenue and EPS of $0.40. The mean forecast was for $868.81 million and $0.44 a share, respectively. One quarter earlier, revenue for the stock was at $890.57 million, with earnings at $0.66/share.
Urban Outfitters, Inc. (URBN) Brokerage Update
Urban Outfitters, Inc. (URBN) is in Goldman’s research list so their analyst rating change is noteworthy. These shares were downgraded to Sell from Neutral by Goldman, according to news reported on Thursday February 02, 2017.Another important research note was issued by Wunderlich on Wednesday November 23, 2016.The firm downgraded URBN to Hold from Buy. Over the last six months and over the last three months, the shares of Urban Outfitters, Inc. (URBN), have changed -9.99% and -21.70%, respectively.