Naughty or Nice? See how some of Wall Street’s retailers rank as per SA Quant ratings
Seeking Alpha News (Thu, 19-Dec 9:19 AM ET)
URBN Reports Record Q3 Sales and Earnings
Globe Newswire (Tue, 26-Nov 4:05 PM ET)
Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates more than 700 stores and e-commerce in the United States (87.5% of fiscal 2024 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 91% of fiscal 2024 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly (5% of sales). Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (66% of sales), home goods (16% of sales), accessories (13% of sales), and more.
Urban Outfitters trades on the NASDAQ stock market under the symbol URBN.
As of December 23, 2024, URBN stock price declined to $54.54 with 531,481 million shares trading.
URBN has a beta of 1.24, meaning it tends to be more sensitive to market movements. URBN has a correlation of 0.14 to the broad based SPY ETF.
URBN has a market cap of $5.03 billion. This is considered a Mid Cap stock.
Last quarter Urban Outfitters reported $1 billion in Revenue and $1.10 earnings per share. This beat revenue expectation by $22 million and exceeded earnings estimates by $.25.
In the last 3 years, URBN traded as high as $55.99 and as low as $17.81.
The top ETF exchange traded funds that URBN belongs to (by Net Assets): IJR, VTI, AVUV, IWM, VB.
URBN has outperformed the market in the last year with a price return of +49.4% while the SPY ETF gained +28.3%. URBN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +48.3% and +9.1%, respectively, while the SPY returned +4.9% and -2.0%, respectively.
URBN support price is $53.70 and resistance is $56.48 (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 shares will trade within this expected range on the day.