Equities Analysts Set Expectations for URBN Q2 Earnings

Urban Outfitters, Inc. (NASDAQ:URBN) – Zacks Research raised their Q2 2027 earnings per share estimates for Urban Outfitters in a research note issued on Wednesday, March 18th. Zacks Research analyst Team now expects that the apparel retailer will post earnings per share of $1.63 for the quarter, up from their prior estimate 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 announced its quarterly earnings data on Wednesday, February 25th. The apparel retailer reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.24 by $0.19. Urban Outfitters had a return on equity of 18.96% and a net margin of 7.54%.The firm had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the prior year, the firm posted $1.04 earnings per share. Urban Outfitters’s revenue for the quarter was up 10.1% compared to the same quarter last year.

Several other research firms have also issued reports on URBN. Guggenheim assumed coverage on Urban Outfitters in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Urban Outfitters in a report on Monday, December 29th. Wells Fargo & Company lowered their target price on shares of Urban Outfitters from $80.00 to $75.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. Citigroup raised their price target on shares of Urban Outfitters from $76.00 to $80.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 26th. Finally, Barclays lifted their price target on shares of Urban Outfitters from $98.00 to $102.00 and gave the company an “overweight” rating in a report on Friday, January 16th. Eight research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $86.25.

Urban Outfitters Trading Down 2.5%

Shares of URBN opened at $63.75 on Thursday. Urban Outfitters has a 52 week low of $41.89 and a 52 week high of $84.35. The firm has a market cap of $5.72 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 1.26 and a beta of 1.22. The stock has a 50 day moving average of $69.08 and a 200-day moving average of $70.51.

Insider Transactions at Urban Outfitters

In related news, CEO Richard A. Hayne sold 10,667 shares of the company’s stock in a transaction on Friday, December 19th. The stock was sold at an average price of $81.14, for a total transaction of $865,520.38. Following the completion of the transaction, the chief executive officer directly owned 17,835,933 shares in the company, valued at $1,447,207,603.62. This represents a 0.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 433,517 shares of company stock worth $32,248,530. Insiders own 31.60% of the company’s stock.

Institutional Investors Weigh In On Urban Outfitters

A number of hedge funds have recently added to or reduced their stakes in URBN. Allianz Asset Management GmbH grew its position in shares of Urban Outfitters by 316.5% during the third quarter. Allianz Asset Management GmbH now owns 187,660 shares of the apparel retailer’s stock worth $13,405,000 after acquiring an additional 142,600 shares during the last quarter. Broad Peak Investment Advisers Pte Ltd bought a new stake in Urban Outfitters in the 3rd quarter valued at about $5,917,000. Oak Harvest Investment Services boosted its stake in Urban Outfitters by 203.1% during the 3rd quarter. Oak Harvest Investment Services now owns 30,313 shares of the apparel retailer’s stock valued at $2,165,000 after purchasing an additional 20,313 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its stake in Urban Outfitters by 17.4% during the 3rd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 279,763 shares of the apparel retailer’s stock valued at $19,983,000 after purchasing an additional 41,559 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in Urban Outfitters by 4.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,675,936 shares of the apparel retailer’s stock worth $262,578,000 after purchasing an additional 142,909 shares during the last quarter. 77.61% of the stock is currently owned by 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.