On 2/28/24, Urban Outfitters Inc (NASDAQ: URBN) stock suffered a major decline of -12.8%, closing at $41.15. Moreover, trading volume in this decline was exceptionally high at 495% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -4.6% during the last week.
Current PriceTarget Research Rating
URBN’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company 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 highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
Be the first to comment