Urban Outfitters Inc (NASDAQ: URBN) has reported earnings for its second fiscal quarter (ending July 31) of $1.26 versus $1.12 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $3.33 compared to $2.43 a year ago.
Recent Price Action
Urban Outfitters Inc (NASDAQ: URBN) stock enjoyed a large increase of 3.1% on 8/21/24. The stock closed at $41.48. Moreover, this advance was accompanied by exceptionally high trading volume at 273% of normal. The stock has been strong relative to the market over the last nine months and has risen 1.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, URBN is expected to continue to be an important Value Builder.
Urban Outfitters has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Urban Outfitters has a slightly positive Appreciation Score of 68 and a good Power Rating of 83, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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