Urban Outfitters, Inc. (NASDAQ: URBN) has seen a rise in its stock price by 4.27 in relation to its previous close of 36.98. However, the company has experienced a 0.92% gain in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-19 that High-flying artificial intelligence stocks have been getting investors’ attention lately. So it may be a surprise that some apparel stocks are also beating the market this year.
Is It Worth Investing in Urban Outfitters, Inc. (NASDAQ: URBN) Right Now?
The price-to-earnings ratio for Urban Outfitters, Inc. (NASDAQ: URBN) is above average at 12.64x. The 36-month beta value for URBN is also noteworthy at 1.57. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 5 rating it as “overweight,” 13 rating it as “hold,” and 3 rating it as “sell.”
The public float for URBN is 58.60M, and at present, short sellers hold a 6.69% of that float. The average trading volume of URBN on April 23, 2024 was 1.74M shares.
URBN’s Market Performance
URBN stock saw a decrease of 0.92% in the past week, with a monthly decline of -13.66% and a quarterly a decrease of -4.67%. The volatility ratio for the week is 2.75%, and the volatility levels for the last 30 days are 3.13% for Urban Outfitters, Inc. (URBN). The simple moving average for the last 20 days is -4.43% for URBN stock, with a simple moving average of 4.55% for the last 200 days.
Analysts’ Opinion of URBN
Many brokerage firms have already submitted their reports for URBN stocks, with Jefferies repeating the rating for URBN by listing it as a “Underperform.” The predicted price for URBN in the upcoming period, according to Jefferies is $32 based on the research report published on April 17, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see URBN reach a price target of $48, previously predicting the price at $44. The rating they have provided for URBN stocks is “Outperform” according to the report published on February 28th, 2024.
UBS gave a rating of “Neutral” to URBN, setting the target price at $41 in the report published on February 12th of the current year.
URBN Trading at -7.76% from the 50-Day Moving Average
After a stumble in the market that brought URBN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.46% of loss for the given period.
Volatility was left at 3.13%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares sank -10.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.33% lower at present.
During the last 5 trading sessions, URBN rose by +0.92%, which changed the moving average for the period of 200-days by +16.60% in comparison to the 20-day moving average, which settled at $40.11. In addition, Urban Outfitters, Inc. saw 8.04% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at URBN starting from Smith Tricia D, who sale 6,250 shares at the price of $40.74 back on Mar 12 ’24. After this action, Smith Tricia D now owns 6,353 shares of Urban Outfitters, Inc., valued at $254,625 using the latest closing price.
Marein-Efron Melanie, the Chief Financial Officer of Urban Outfitters, Inc., sale 6,000 shares at $40.72 during a trade that took place back on Mar 12 ’24, which means that Marein-Efron Melanie is holding 908 shares at $244,290 based on the most recent closing price.
Stock Fundamentals for URBN
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.33 for the gross margin
The net margin for Urban Outfitters, Inc. stands at 0.06. The total capital return value is set at 0.12. Equity return is now at value 14.73, with 7.38 for asset returns.
Based on Urban Outfitters, Inc. (URBN), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 0.47. The debt to equity ratio resting at 0.51. The interest coverage ratio of the stock is -728.21.
Currently, EBITDA for the company is 490.56 million with net debt to EBITDA at 1.95. When we switch over and look at the enterprise to sales, we see a ratio of 0.87. The receivables turnover for the company is 76.9for trailing twelve months and the total asset turnover is 1.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
In summary, Urban Outfitters, Inc. (URBN) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
