William Blair analyst Dylan Carden reiterated a Hold rating on Urban Outfitters (NASDAQ: URBN) today. The company’s shares opened today at $47.54, close to its 52-week high of $48.24.
According to TipRanks.com, Carden is ranked #1259 out of 4850 analysts.
Currently, the analyst consensus on Urban Outfitters is a Moderate Buy with an average price target of $45.75.
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Based on Urban Outfitters’ latest earnings release for the quarter ending April 30, the company reported a quarterly net profit of $41.26 million. In comparison, last year the company had a net profit of $49.92 million.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. Last month, Joel Lawson, a Director at URBN sold 10,000 shares for a total of $456,600.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Urban Outfitters, Inc. engages in the operation of retail clothing stores and sale of general merchandise. It operates through the Retail and Wholesale segments.
