Can Abercrombie & Fitch Stock (NYSE:ANF) Keep Pushing Higher?
TipRanks (Wed, 27-Mar 5:25 PM ET)
Can Abercrombie & Fitch Stock (NYSE:ANF) Keep Soaring?
TipRanks (Wed, 27-Mar 5:25 PM ET)
URBN Reports Record Q4 Sales and Strong Earnings Growth
Globe Newswire (Tue, 27-Feb 4:05 PM ET)
URBN Reports Record Holiday Sales and Personnel Update
Globe Newswire (Mon, 8-Jan 4:05 PM ET)
Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates about 700 stores and e-commerce in North America (87% of fiscal 2023 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 92% of fiscal 2023 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly. Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (63% of fiscal 2023 sales), home goods (19% of sales), accessories (13% of sales), and more.
Urban Outfitters trades on the NASDAQ stock market under the symbol URBN.
As of March 28, 2024, URBN stock price climbed to $43.23 with 201,840 million shares trading.
URBN has a beta of 0.76, meaning it tends to be less sensitive to market movements. URBN has a correlation of 0.06 to the broad based SPY ETF.
URBN has a market cap of $4.01 billion. This is considered a Mid Cap stock.
Last quarter Urban Outfitters reported $1 billion in Revenue and $.69 earnings per share. This fell short of revenue expectation by $-4 million and missed earnings estimates by -$.04.
In the last 3 years, URBN stock traded as high as $47.29 and as low as $17.81.
The top ETF exchange traded funds that URBN belongs to (by Net Assets): IJR, VTI, VB, IWM, AVUV.
URBN has outperformed the market in the last year with a price return of +63.9% while the SPY ETF gained +33.7%. URBN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +19.6% and +3.1%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
URBN support price is $41.89 and resistance is $43.67 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that URBN stock will trade within this expected range on the day.