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Wednesday, June 7, 2023

Is Urban Outfitters Inc. (NASDAQ: URBN) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Urban Outfitters Inc. (URBN) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.07%, to $30.20. The Urban Outfitters Inc. has recorded 36,248 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted URBN Reports Record Q1 Sales and EPS.

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Stocks Info

This NASDAQ-listed company operates within the Apparel Retail industry segment, falling under the Consumer Cyclical sector. At the end of the last regular session, the stock closed at $30.18 and fluctuated between $31.99 as its day high and $30.07 as its day low. The current market capitalization of Urban Outfitters Inc. is $2.92B. A total of 3.35 million shares were traded on the day, compared to an average of 1.69M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, URBN has seen 20 BUY and 23 SELL insider trades, representing the acquisition of 224,700 and the disposition of 156,627 shares. Over the last 12 months, there were 29 BUYs and 28 SELLs from insiders. Insiders purchased 297,404 shares during that period but sold 252,237.

In the most recent transaction, Hayne Azeez sold 16,116 shares of URBN for 26.25 per share on Apr 13. After the transaction, the Chief Administrative Officer now owns 0 company shares. In a previous transaction on Mar 03, Conforti Frank sold 42,000 shares at 27.28 per share. URBN shares that Co-President & COO owns now total 2,361.

Among the insiders who sold shares, Hayne Azeez disposed of 9,073 shares on Feb 28 at a per-share price of $26.96. This resulted in the Chief Administrative Officer holding 0 shares of URBN after the transaction. In another insider transaction, Hayne Azeez sold 4,095 shares at $25.02 per share on Nov 14. Company shares held by the Chief Administrative Officer now total 0.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for URBN in the last 3 months, the mean price target is $31.58 with high estimates of $38.00 and low estimates of $20.00. In terms of 52-week highs and lows, URBN has a high of $32.46 and a low of $17.81.

As of this writing, URBN has an earnings estimate of $0.84 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of $0.94 per share and a lower estimate of $0.73. The company reported an EPS of $0.34 in the last quarter, which was -10.50% lower than expectations of $0.38.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. URBN’s latest balance sheet shows that the firm has $446.00M in Cash & Short Term Investments as of fiscal 2022. There were $1.19B in debt and $981.47M in liabilities at the time. Its Book Value Per Share was $19.45, while its Total Shareholder’s Equity was $1.75B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for URBN is Buy with a score of 3.73.

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