Urban Outfitters (URBN) Stock Moves -0.88%: What You Should Know
Urban Outfitters (URBN) closed the most recent trading day at $32.77, moving -0.88% from the previous trading session. This change was narrower than the S&P 500's 1.58% loss on the day. At the same time, the Dow lost 1.99%, and the tech-heavy Nasdaq lost 1.63%.
Coming into today, shares of the clothing and accessories retailer had lost 11.6% in the past month. In that same time, the Retail-Wholesale sector lost 5.53%, while the S&P 500 lost 6.62%.
Investors will be hoping for strength from URBN as it approaches its next earnings release, which is expected to be March 5, 2019. In that report, analysts expect URBN to post earnings of $0.81 per share. This would mark year-over-year growth of 17.39%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.15 billion, up 5.74% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.73 per share and revenue of $3.97 billion, which would represent changes of +63.47% and +9.89%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for URBN. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 2.19% higher. URBN currently has a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that URBN has a Forward P/E ratio of 12.12 right now. For comparison, its industry has an average Forward P/E of 13.18, which means URBN is trading at a discount to the group.
Investors should also note that URBN has a PEG ratio of 1.08 right now. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.32 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 48, which puts it in the top 19% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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