Zacks Research Issues Optimistic Estimate for URBN Earnings

Urban Outfitters, Inc. (NASDAQ:URBN) – Equities researchers at Zacks Research raised their Q2 2029 earnings per share (EPS) estimates for shares of Urban Outfitters in a research report issued on Wednesday, September 16th. Zacks Research analyst Team now expects that the apparel retailer will post earnings of $2.38 per share for the quarter, up from their prior forecast of $1.96. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Urban Outfitters’ current full-year earnings is $6.20 per share.

Urban Outfitters (NASDAQ:URBN) last issued its earnings results on Thursday, August 27th. The apparel retailer reported $1.72 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.72. Urban Outfitters had a return on equity of 18.64% and a net margin of 8.79%.The business had revenue of $1.66 billion during the quarter, compared to analyst estimates of $1.65 billion. Urban Outfitters’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.58 earnings per share.

URBN has been the subject of several other reports. Wells Fargo & Company boosted their price target on shares of Urban Outfitters from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 27th. The Goldman Sachs Group raised Urban Outfitters from a “neutral” rating to a “buy” rating and boosted their target price for the company from $76.00 to $93.00 in a research note on Monday, July 20th. Weiss Ratings lowered Urban Outfitters from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, September 8th. Barclays lifted their price target on Urban Outfitters from $100.00 to $102.00 and gave the stock an “overweight” rating in a research note on Thursday, August 27th. Finally, JPMorgan Chase & Co. boosted their price objective on Urban Outfitters from $97.00 to $110.00 and gave the company an “overweight” rating in a research report on Tuesday, August 18th. Eight investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.75.

Urban Outfitters Stock Performance

Shares of URBN opened at $75.84 on Friday. Urban Outfitters has a fifty-two week low of $59.53 and a fifty-two week high of $85.43. The firm has a market cap of $6.50 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 1.21 and a beta of 1.26. The firm has a 50 day moving average price of $76.20 and a 200-day moving average price of $71.82.

Insider Activity at Urban Outfitters

In other news, CFO Melanie Marein-Efron sold 5,700 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $80.75, for a total transaction of $460,275.00. Following the completion of the sale, the chief financial officer directly owned 11,323 shares in the company, valued at approximately $914,332.25. This represents a 33.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 32.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Engineers Gate Manager LP lifted its holdings in Urban Outfitters by 211.4% in the 2nd quarter. Engineers Gate Manager LP now owns 428,227 shares of the apparel retailer’s stock worth $30,344,000 after buying an additional 290,698 shares during the period. NewEdge Advisors LLC increased its stake in shares of Urban Outfitters by 87.0% during the second quarter. NewEdge Advisors LLC now owns 531 shares of the apparel retailer’s stock valued at $38,000 after buying an additional 247 shares during the period. Allworth Financial LP raised its holdings in shares of Urban Outfitters by 186.9% during the second quarter. Allworth Financial LP now owns 439 shares of the apparel retailer’s stock valued at $31,000 after acquiring an additional 286 shares in the last quarter. Nykredit A S bought a new position in shares of Urban Outfitters during the second quarter valued at approximately $118,000. Finally, HighTower Advisors LLC lifted its stake in Urban Outfitters by 7.0% in the second quarter. HighTower Advisors LLC now owns 43,562 shares of the apparel retailer’s stock worth $3,087,000 after acquiring an additional 2,857 shares during the period. Hedge funds and other institutional investors own 77.61% of the company’s stock.

Trending Headlines about Urban Outfitters

Here are the key news stories impacting Urban Outfitters this week:

• Positive Sentiment: Zacks highlighted Urban Outfitters as one of three stocks with strong earnings growth and rising quarterly and annual estimates, suggesting potential upside if the company sustains its operating momentum. 3 Top Earnings Growth Stocks to Buy Now for Solid Upside
• Positive Sentiment: Zacks raised its FY2027 EPS forecast to $6.14 from $5.97, FY2028 to $6.65 from $6.56, and FY2029 to $7.17 from $6.73. It also increased estimates for Q3 2027, Q4 2027 and Q3/Q4 2028, indicating improved longer-term profit expectations. Urban Outfitters analyst estimates
• Neutral Sentiment: Despite the estimate increases, Zacks maintained a “Hold” rating. The company’s current-year consensus EPS estimate is approximately $6.16, leaving investors without a fresh analyst upgrade catalyst. Urban Outfitters analyst rating
• Negative Sentiment: Zacks lowered EPS forecasts for Q1 2028 to $1.49 from $1.59, Q2 2028 to $1.94 from $1.98, and Q1 2029 to $1.41 from $1.56. These downward revisions point to potential near-term earnings pressure and likely contributed to the stock’s decline.

About Urban Outfitters

Urban Outfitters, Inc is a lifestyle retail company that operates a portfolio of consumer brands serving younger and fashion-conscious customers. Its primary brands include Urban Outfitters, Anthropologie, Free People, FP Movement and Terrain, each offering a distinct combination of apparel, accessories, beauty products, home furnishings and related lifestyle merchandise.

The company also operates Nuuly, a clothing rental and subscription service, as well as food and beverage and hospitality concepts connected with select retail locations.