Urban Outfitters (NASDAQ:URBN) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Urban Outfitters (NASDAQ:URBN) from a hold rating to a buy rating in a research report report published on Tuesday.

Several other research analysts also recently issued reports on URBN. Telsey Advisory Group upgraded shares of Urban Outfitters from a “market perform” rating to an “outperform” rating and upped their price target for the stock from $85.00 to $98.00 in a research report on Wednesday, December 17th. Zacks Research downgraded shares of Urban Outfitters from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 6th. Wells Fargo & Company upped their target price on shares of Urban Outfitters from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 26th. UBS Group raised their price target on shares of Urban Outfitters from $70.00 to $80.00 and gave the company a “neutral” rating in a report on Wednesday, November 26th. Finally, Morgan Stanley boosted their price objective on shares of Urban Outfitters from $85.00 to $91.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Urban Outfitters presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.50.

Urban Outfitters Price Performance

NASDAQ URBN opened at $80.77 on Tuesday. The firm has a market cap of $7.24 billion, a PE ratio of 15.24, a price-to-earnings-growth ratio of 1.15 and a beta of 1.23. Urban Outfitters has a one year low of $41.89 and a one year high of $83.94. The stock’s 50 day simple moving average is $72.16 and its 200 day simple moving average is $72.23.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Wednesday, December 10th. The apparel retailer reported $1.28 earnings per share (EPS) for the quarter. The firm had revenue of $1.53 billion during the quarter. Urban Outfitters had a return on equity of 18.33% and a net margin of 8.15%. As a group, equities analysts expect that Urban Outfitters will post 3.91 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Richard A. Hayne sold 10,667 shares of Urban Outfitters stock in a transaction that occurred on Friday, November 28th. The shares were sold at an average price of $74.94, for a total transaction of $799,384.98. Following the transaction, the chief executive officer owned 17,995,938 shares of the company’s stock, valued at $1,348,615,593.72. This trade represents a 0.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 369,333 shares of company stock valued at $28,479,134 over the last quarter. Corporate insiders own 31.80% of the company’s stock.

Hedge Funds Weigh In On Urban Outfitters

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC raised 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 worth $157,000 after buying an additional 154 shares during the period. IFP Advisors Inc acquired a new position in Urban Outfitters in the third quarter valued at about $430,000. Cambria Investment Management L.P. increased its holdings in shares of Urban Outfitters by 15.3% in the third quarter. Cambria Investment Management L.P. now owns 15,694 shares of the apparel retailer’s stock worth $1,121,000 after acquiring an additional 2,088 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of Urban Outfitters during the third quarter worth about $466,000. Finally, Danske Bank A S bought a new position in shares of Urban Outfitters during the 3rd quarter valued at about $4,032,000. 77.61% of the stock is owned by institutional investors.

Key Urban Outfitters News

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

• Positive Sentiment: Nuuly (URBN’s rental/subscription business) reported accelerating subscriber and revenue growth in Q3 and is being credited with powering Urban Outfitters’ recent momentum and record results — a clear fundamental growth story that can support valuation expansion. Nuuly’s Strong Revenue Growth Powers Urban Outfitters Momentum
• Positive Sentiment: Wall Street support: several firms have reaffirmed or raised targets recently (Weiss Ratings buy, Baird $93 target, UBS/Wells Fargo lifted targets to ~$80), and consensus remains a “Moderate Buy” with an average target ~ $86.50 — analyst optimism helps buyer interest.
• Neutral Sentiment: Institutional ownership is high (~77.6%) and several funds modestly increased positions in recent quarters—supportive for liquidity but not a near-term catalyst by itself. Institutional holdings and insider trades
• Negative Sentiment: Insider selling: CEO Richard Hayne and director Margaret Hayne disclosed multiple share sales around Dec. 31 and Jan. 2 (CEO sold ~10,667 shares; Margaret sold ~9,333 on Jan. 2, with repeated daily sales in December). The transactions total low-single-digit percentage reductions of very large holdings and look routine (liquidity/taxes/diversification), but headline selling can pressure sentiment short-term. SEC filing: Insider ownership filing

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.