|Bid||46.50 x 800|
|Ask||47.49 x 800|
|Day's Range||45.53 - 46.71|
|52 Week Range||18.72 - 49.00|
|PE Ratio (TTM)||37.42|
|Earnings Date||Aug 21, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||47.56|
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Tuesday.
Urban Outfitters Inc. has combined several of its retailing concepts under one roof on Lancaster Avenue in Devon.
As of August 14, Urban Outfitters’ stock price has risen 39% on a YTD (year-to-date) basis. Wall Street analysts have given strong forecasts for Urban Outfitters in the second fiscal quarter of 2019. Urban Outfitters stock could get a boost if the company beats the expectations.
Prior to the upcoming results for the second fiscal quarter of 2019, most of the analysts covering Urban Outfitters (URBN) stock have maintained a “hold” rating. As of August 14, of the 22 analysts covering the stock, 68% recommended a “hold,” 27% recommended a “buy,” and 5% recommended a “sell.”
Share repurchases also provide an upside to the EPS. Analysts expect the company to report a gross margin of 35.5%, which represents an expansion of 140 basis points on a YoY basis for the second fiscal quarter of 2019.
Urban Outfitters (URBN) is scheduled to report its second fiscal quarter of 20191 results on August 21. Analysts expect the company to report sales of $979.2 million, which reflects 12.2% growth on a YoY (year-over-year) basis. The estimate marks an improvement over a decline of ~2% in the second quarter of 2017.
Stock futures: Nanometrics broke out in strong volume without any news. Meanwhile, Chinese luxury-car maker Nio filed for a U.S. IPO as Elon Musk explained his "go-private" Tesla plans.
After seeing shares run up over 190 percent from their June 2017 lows, Altschwager said he's stepping to the sidelines on Urban Outfitters — but not because of a lack of execution. The analyst said he remains positive on Urban Outfitter’s strong fundamentals and continues to believe in the company’s improved fashion execution, momentum in the apparel category and opportunities to drive further earnings growth.
Strong comparable sales growth is likely to benefit Urban Outfitters' (URBN) Q2 results, while high SG&A costs may hurt margins.
Urban Outfitters (URBN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the fundamentals for URBN for clues.
Five top stocks with IBD Composite Ratings of 95 or higher are closing in on buy points: Urban Outfitters, Veeva Systems, Copart, Automatic Data Processing and Jazz Pharmaceuticals.
Retailer Urban Outfitters (URBN) could attract activist investors who might push it to buy back shares, pay dividends, or sell some assets, according to new research. The Barron’s Next 50 company, Loop Capital analysts wrote Monday, sits atop their screen for “activist attractiveness”—which examines financial performance, returns, governance, investor perception and other factors—in their 21-stock universe of specialty hardlines stocks. Urban Outfitters “appears to be one of the most likely companies…universe to attract attention from the activist community,” the analysts wrote.
Small cap stocks held up well Friday. But the rest of the stock market withered, weighed down by the Turkey crisis and a sell-off in shares of Intel.
After a dismal 2017, retailers have mostly rallied in 2018, and Vitamin Shoppe (NYSE:VSI) has been one of the biggest winners. VSI stock has gained over 150% just since early April. Vitamin Shoppe has cleaned up its balance sheet but still has nearly half a billion dollars in operating leases due after this year.
A Wilmington life sciences firm was the only local company among the top 150, though there were 17 total entries from Greater Philadelphia.