For its fourth fiscal quarter (ending January 31), Urban Outfitters Inc (NASDAQ: URBN) has reported a 50% increase in E.P.S. from $0.34 a year ago to $0.51 in the current quarter. However, this result fell short of the consensus estimate of $0.73 by $-0.22. For the latest four quarters through January 31, E.P.S. were $3.10 versus $1.71 for the same period a year ago — an increase of 81%.
Recent Price Action
On 2/27/24, Urban Outfitters Inc (NASDAQ: URBN) stock enjoyed a large increase of 2.7%, closing at $47.18. Moreover, this advance was accompanied by exceptionally high trading volume at 250% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 10.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are 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). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Urban Outfitters has a neutral Appreciation Score of 54 but a very high Power Rating of 94, resulting in 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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