Urban Outfitters (NASDAQ:URBN) Receives Market Perform Rating from Telsey Advisory Group

Urban Outfitters (NASDAQ:URBN)‘s stock had its “market perform” rating reiterated by analysts at Telsey Advisory Group in a research report issued to clients and investors on Thursday, Marketbeat.com reports. They currently have a $72.00 price target on the apparel retailer’s stock, up from their prior price target of $59.00. Telsey Advisory Group’s price objective indicates a potential downside of 0.39% from the stock’s current price. Telsey Advisory Group also issued estimates for Urban Outfitters’ Q2 2026 earnings at $1.45 EPS, Q3 2026 earnings at $1.15 EPS, Q4 2026 earnings at $1.16 EPS, FY2026 earnings at $4.93 EPS, Q3 2027 earnings at $1.26 EPS, Q4 2027 earnings at $1.30 EPS and FY2027 earnings at $5.33 EPS.

A number of other equities research analysts also recently weighed in on the stock. Wells Fargo & Company upped their price target on shares of Urban Outfitters from $55.00 to $70.00 and gave the company an “equal weight” rating in a report on Thursday. JPMorgan Chase & Co. upgraded Urban Outfitters from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $63.00 to $78.00 in a report on Thursday. Robert W. Baird boosted their price objective on Urban Outfitters from $60.00 to $62.00 and gave the stock a “neutral” rating in a report on Thursday, February 27th. Citigroup cut their price objective on Urban Outfitters from $65.00 to $54.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Finally, Glj Research restated a “sell” rating on shares of Urban Outfitters in a report on Thursday. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $67.45.

Urban Outfitters Trading Down 1.3%

Shares of NASDAQ URBN opened at $72.28 on Thursday. Urban Outfitters has a twelve month low of $33.86 and a twelve month high of $73.68. The company has a market capitalization of $6.70 billion, a price-to-earnings ratio of 20.71, a PEG ratio of 1.02 and a beta of 1.33. The firm has a 50-day moving average of $52.83 and a two-hundred day moving average of $52.26.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings results on Wednesday, May 21st. The apparel retailer reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.35. Urban Outfitters had a net margin of 6.11% and a return on equity of 15.86%. The company had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the company earned $0.69 EPS. Urban Outfitters’s revenue was up 10.7% on a year-over-year basis. As a group, research analysts predict that Urban Outfitters will post 3.91 earnings per share for the current year.

Insider Transactions at Urban Outfitters

In other news, Director Wesley S. Mcdonald sold 8,300 shares of the stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $58.44, for a total value of $485,052.00. Following the completion of the sale, the director now directly owns 15,450 shares of the company’s stock, valued at $902,898. This represents a 34.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Tricia D. Smith sold 10,000 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $53.94, for a total transaction of $539,400.00. Following the completion of the sale, the chief executive officer now directly owns 12,601 shares of the company’s stock, valued at $679,697.94. This trade represents a 44.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 29,976 shares of company stock valued at $1,663,713 over the last three months. 31.60% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Urban Outfitters

Hedge funds have recently added to or reduced their stakes in the company. Whipplewood Advisors LLC increased its holdings in Urban Outfitters by 2,893.8% in the first quarter. Whipplewood Advisors LLC now owns 479 shares of the apparel retailer’s stock worth $25,000 after buying an additional 463 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Urban Outfitters by 61.5% in the fourth quarter. Jones Financial Companies Lllp now owns 525 shares of the apparel retailer’s stock worth $29,000 after buying an additional 200 shares during the last quarter. Federated Hermes Inc. increased its holdings in Urban Outfitters by 17,175.0% in the first quarter. Federated Hermes Inc. now owns 691 shares of the apparel retailer’s stock worth $36,000 after buying an additional 687 shares during the last quarter. Virtus Advisers LLC acquired a new position in Urban Outfitters in the first quarter worth approximately $46,000. Finally, Exchange Traded Concepts LLC acquired a new position in Urban Outfitters in the first quarter worth approximately $52,000. Institutional investors and hedge funds own 77.61% of the company’s stock.

About Urban Outfitters

Urban Outfitters, Inc engages in the retail and wholesale of general consumer products. The company operates through three segments: Retail, Wholesale, and Nuuly. It operates Urban Outfitters stores, which offer women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28; and Anthropologie stores that provide women's apparel, accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty and wellness products for women aged 28 to 45.