The company's net sales advanced 1.8% to $956 million at the Retail Segment but declined 0.6% to $74.2 million at the Wholesale Segment.
Indeed, Urban Outfitters' fourth-quarter earnings fell short of estimates, and same-store sales were flat, while at Express, another youth oriented store, sales dropped 13% during the key holiday quarter that was brutal for everyone from Kohl's (kss) to Abercrombie & Fitch. The most bullish, or aggressive analyst target pins the projected price at $45, while the most bearish, or conservative analyst sees the stock reaching $25. The stock is a Buy among 1 brokerage firms polled by Factset Research.
According to Yahoo Finance, the price target for the company which analysts are aiming is 43. A sales slowdown has weighed on annual profit in the most recent years as inventory built up, which company officials largely blamed on domestic shoppers being reluctant to adopt tighter European-influenced fits. Citigroup Inc raised shares of Urban Outfitters from a "neutral" rating to a "buy" rating in a research report on Tuesday, November 15th. Urban Outfitters, Inc. (NASDAQ:URBN) is -36.13% away from its 52 week high and its 52 week range is $24.29 - 40.80. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.
Urban Outfitters started in 1970 with one store near the University of Pennsylvania campus. During the same quarter in the previous year, the business earned $0.61 EPS. Higher EPS estimate is noted at $0.71 while lowest EPS estimate among analysts is targeted at $0.59. For the current quarter the company has highest EPS estimates of $0.66 and low forecast is $0.53. Thus the company showed an Earnings Surprise of -9.1 Percent. News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Outfitters, Inc. with MarketBeat.com's FREE daily email newsletter. (NASDAQ:URBN) in a research report released on Tuesday morning.
Urban Outfitters Inc. (NASDAQ:URBN) now has a consensus Price Target of $29.77. With the last close down -20.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. MKM Partners is lowering its 1Q EPS estimate to $0.13 from $0.18; its 2017 EPS estimate is now $1.66 from $1.78. The average revenue estimate for the year ending October 2017 is $5.76B by 16 analysts. The year ago sales the company reported in the same quarter is 1.01 Billion. Revenue was reported as $3.55 billion.
The Stock has Weekly volatility of 4.19% and monthly volatility of 3.42%.
Urban Outfitters Inc. Gross Margin percentage stands at 35.5% while its Operating Margin for trailing twelve month is 10.1 percent and Profit margin (ttm) is 6.4 Percent.
"We are pleased to announce record fourth quarter and full year sales driven mostly by the continued success in the direct-to-consumer channel", the company's CEO Richard A. Hayne said.