It’s A Good Start, But Can The Momentum Continue? Urban Outfitters, Inc. (URBN)

Wall Street analysts will be watching closely when Urban Outfitters, Inc. (NASDAQ:URBN) reports its quarterly earnings next, which is scheduled for Tue 28 May (In 42 Days). In the preceding quarter, the company reportedly generated EPS of $0.80 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 9.70%, a profit margin of 7.50% and a gross margin of 34.10%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Urban Outfitters, Inc. (NASDAQ:URBN). Most recently, on April 3rd, 2019, DA Davidson Upgrade a Buy rating. Before that, on March 6th, 2019, Telsey Advisory Group Reiterated to Market Perform. Telsey Advisory Group Reiterated a Market Perform rating on February 8th, 2019, Wolfe Research Reiterated an Outperform rating on January 11th, 2019, and Telsey Advisory Group Reiterated a Market Perform rating on January 11th, 2019.

At its current price point, combined with the fact that this company has 101.91M shares outstanding, the current market capitalization sits at 3.10B. In the last trading day, 3,905,355 shares of Urban Outfitters, Inc. were traded, which compares to its usual volume of about 2.76M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$2.99 in the past five trading days, resulting in a percentage change of -8.95% and a moving average of 31.86. In the past 20 days, its price changed by $0.84 (which is +2.84%) and the stock’s moving average was 30.75. Looking back a full 50 days, shares of URBN changed by -$1.17 (which is -3.70%) and demonstrated a moving average of 30.45.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 18.81%, a 14-day Stochastic %K score of 47.17% and a 20-day Stochastic %K score of 53.67%. Using a similar metric, Urban Outfitters, Inc. (URBN) shares showed a Stochastic %D of 37.79% over the past 9 days, a Stochastic %D score of 60.40% over the last 14 days, and a 20-day Stochastic %D of 63.29%. Meanwhile, this stock’s MACD Oscillator was -1.46 over the past 9 days, -0.66 over the past two weeks, and 0.42 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $30.43 level. Over the past 12 months, this stock has experienced a high price of $52.50 and a low of $27.60. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Urban Outfitters, Inc. (NASDAQ:URBN) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 9,027,803 shares of the company’s stock following the addition of 605,442 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 8.55% stake in Urban Outfitters, Inc. (URBN)’s shares.

Just in the most recent trading day, Urban Outfitters, Inc. (NASDAQ:URBN) experienced a high price of $31.82 and low point of $30.03. At the end of the last trading session, this stock was at 30.43 per share, following a loss of -$31.52, or -3.46% during the full day.