Q2 EPS Forecast for Urban Outfitters Increased by Analyst

Urban Outfitters, Inc. (NASDAQ:URBN) – Zacks Research lifted their Q2 2027 earnings estimates for Urban Outfitters in a research report issued on Wednesday, March 18th. Zacks Research analyst Team now anticipates that the apparel retailer will post earnings of $1.63 per share for the quarter, up from their previous forecast of $1.61. The consensus estimate for Urban Outfitters’ current full-year earnings is $3.91 per share. Zacks Research also issued estimates for Urban Outfitters’ Q3 2027 earnings at $1.46 EPS, FY2027 earnings at $5.76 EPS, Q2 2028 earnings at $1.85 EPS, Q4 2028 earnings at $1.56 EPS, FY2028 earnings at $6.31 EPS and FY2029 earnings at $6.51 EPS.

Urban Outfitters (NASDAQ:URBN) last issued its earnings results on Wednesday, February 25th. The apparel retailer reported $1.43 EPS for the quarter, beating analysts’ consensus estimates of $1.24 by $0.19. The business had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.79 billion. Urban Outfitters had a net margin of 7.54% and a return on equity of 18.96%. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.04 EPS.

A number of other research analysts have also recently commented on the company. Wells Fargo & Company reduced their price objective on Urban Outfitters from $80.00 to $75.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 26th. The Goldman Sachs Group began coverage on Urban Outfitters in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $83.00 target price for the company. Robert W. Baird set a $93.00 target price on Urban Outfitters in a report on Wednesday, December 17th. Barclays boosted their price target on Urban Outfitters from $98.00 to $102.00 and gave the stock an “overweight” rating in a research report on Friday, January 16th. Finally, Wall Street Zen raised shares of Urban Outfitters from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Eight investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Urban Outfitters presently has a consensus rating of “Hold” and a consensus price target of $86.25.

Urban Outfitters Trading Down 2.5%

Shares of Urban Outfitters stock opened at $63.75 on Thursday. Urban Outfitters has a twelve month low of $41.89 and a twelve month high of $84.35. The stock has a market cap of $5.72 billion, a price-to-earnings ratio of 12.57, a price-to-earnings-growth ratio of 1.26 and a beta of 1.22. The company has a fifty day moving average price of $69.08 and a 200 day moving average price of $70.51.

Insider Transactions at Urban Outfitters

In related news, insider Margaret Hayne sold 9,333 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $70.50, for a total value of $657,976.50. Following the transaction, the insider owned 1,933,859 shares in the company, valued at approximately $136,337,059.50. The trade was a 0.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Richard A. Hayne sold 10,667 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $70.50, for a total value of $752,023.50. Following the completion of the transaction, the chief executive officer directly owned 17,449,385 shares of the company’s stock, valued at $1,230,181,642.50. This represents a 0.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 433,517 shares of company stock worth $32,248,530. Corporate insiders own 31.60% of the company’s stock.

Hedge Funds Weigh In On Urban Outfitters

Several institutional investors and hedge funds have recently made changes to their positions in URBN. Maryland State Retirement & Pension System increased its stake in shares of Urban Outfitters by 1.9% in the fourth quarter. Maryland State Retirement & Pension System now owns 7,880 shares of the apparel retailer’s stock worth $593,000 after buying an additional 148 shares during the last quarter. Salomon & Ludwin LLC boosted its stake in Urban Outfitters by 58.4% during the 4th quarter. Salomon & Ludwin LLC now owns 404 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 149 shares during the last quarter. GAMMA Investing LLC boosted its stake in Urban Outfitters by 8.0% during the 4th quarter. GAMMA Investing LLC now owns 2,088 shares of the apparel retailer’s stock valued at $157,000 after acquiring an additional 154 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in Urban Outfitters by 1.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 10,489 shares of the apparel retailer’s stock worth $749,000 after acquiring an additional 164 shares in the last quarter. Finally, Oliver Luxxe Assets LLC grew its holdings in Urban Outfitters by 0.5% during the 4th quarter. Oliver Luxxe Assets LLC now owns 33,774 shares of the apparel retailer’s stock worth $2,542,000 after acquiring an additional 181 shares in the last quarter. 77.61% of the stock is currently owned by hedge funds and other institutional investors.

About Urban Outfitters

Urban Outfitters, Inc is a global lifestyle retailer headquartered in Philadelphia, Pennsylvania. Established in 1970 by Richard Hayne, Scott Belair and Judy Wicks, the company began as a single store catering to college students in the city’s historic Old City neighborhood. Over the decades, Urban Outfitters has expanded its reach and diversified its portfolio to include multiple retail concepts addressing distinct customer segments.

The company operates through several well-known brands, each offering a curated selection of apparel, footwear, accessories and home goods.