City Outfitters (NASDAQ:URBN) had its goal worth dropped by JPMorgan Chase & Co. from $41.00 to $34.00 in a report launched on Tuesday, Benzinga reviews. The agency presently has a “impartial” score on the attire retailer’s inventory. JPMorgan Chase & Co.‘s goal worth suggests a possible upside of 12.84% from the inventory’s present worth.
A number of different analysis analysts have additionally issued reviews on URBN. Morgan Stanley elevated their worth goal on shares of City Outfitters from $41.00 to $43.00 and gave the inventory an “chubby” score in a analysis notice on Tuesday, November twenty third. B. Riley upgraded shares of City Outfitters from a “impartial” score to a “purchase” score and elevated their worth goal for the inventory from $36.00 to $45.00 in a analysis notice on Tuesday, November sixteenth. Citigroup upgraded shares of City Outfitters from a “impartial” score to a “purchase” score and lowered their worth goal for the corporate from $44.00 to $40.00 in a analysis notice on Friday, October twenty second. Zacks Investment Research lowered shares of City Outfitters from a “strong-buy” score to a “promote” score and set a $33.00 worth goal for the corporate. in a analysis notice on Tuesday, October twenty sixth. Lastly, Wells Fargo & Firm lowered their worth goal on shares of City Outfitters from $40.00 to $36.00 and set an “equal weight” score for the corporate in a analysis notice on Friday, October fifteenth. One funding analyst has rated the inventory with a promote score, 9 have assigned a maintain score and 6 have given a purchase score to the corporate’s inventory. In keeping with MarketBeat, the inventory has a mean score of “Maintain” and a consensus worth goal of $40.31.
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NASDAQ URBN traded up $0.33 throughout buying and selling on Tuesday, hitting $30.13. The corporate had a buying and selling quantity of 4,837 shares, in comparison with its common quantity of 1,778,508. City Outfitters has a one 12 months low of $24.40 and a one 12 months excessive of $42.10. The corporate has a market cap of $2.95 billion, a price-to-earnings ratio of 10.06, a price-to-earnings-growth ratio of 0.47 and a beta of 1.56. The corporate’s fifty day shifting common is $32.15 and its 200-day shifting common is $34.06.
City Outfitters (NASDAQ:URBN) final issued its quarterly earnings information on Monday, November twenty second. The attire retailer reported $0.89 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.05. City Outfitters had a web margin of 6.93% and a return on fairness of 18.60%. The enterprise had income of $1.13 billion through the quarter, in comparison with analyst estimates of $1.12 billion. Throughout the identical interval within the prior 12 months, the enterprise earned $0.78 EPS. The corporate’s income for the quarter was up 16.7% on a year-over-year foundation. As a gaggle, equities analysis analysts count on that City Outfitters will publish 3.47 EPS for the present fiscal 12 months.
In different City Outfitters information, CAO Azeez Hayne bought 1,100 shares of City Outfitters inventory in a transaction that occurred on Wednesday, November third. The shares had been bought at a mean worth of $35.00, for a complete transaction of $38,500.00. The sale was disclosed in a submitting with the SEC, which is accessible by means of this link. 27.50% of the inventory is owned by insiders.
Institutional traders have not too long ago added to or lowered their stakes within the firm. Virtu Monetary LLC purchased a brand new stake in shares of City Outfitters through the second quarter valued at roughly $1,034,000. AQR Capital Administration LLC raised its place in shares of City Outfitters by 27.0% through the second quarter. AQR Capital Administration LLC now owns 193,109 shares of the attire retailer’s inventory valued at $7,796,000 after shopping for an extra 41,101 shares over the last quarter. Vanguard Group Inc. raised its place in shares of City Outfitters by 7.0% through the second quarter. Vanguard Group Inc. now owns 6,097,784 shares of the attire retailer’s inventory valued at $251,351,000 after shopping for an extra 396,575 shares over the last quarter. Ergoteles LLC purchased a brand new stake in shares of City Outfitters through the second quarter valued at roughly $2,743,000. Lastly, Barrow Hanley Mewhinney & Strauss LLC elevated its place in City Outfitters by 205.6% within the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,393 shares of the attire retailer’s inventory price $99,000 after buying an extra 1,610 shares over the last quarter. Hedge funds and different institutional traders personal 68.64% of the corporate’s inventory.
City Outfitters Firm Profile
City Outfitters, Inc engages within the operation of a common client product retail and wholesale enterprise promoting to clients by means of varied channels together with retail areas, web sites, catalogs and cellular purposes. It operates by means of the next segments: Retail, Wholesale and Subscription.
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