$0.99 in average volume shows that Urban Outfitters, Inc. (URBN) is heading in the right direction

On Friday, Urban Outfitters, Inc. (NASDAQ: URBN) opened higher 42.53% from the last session, before settling in for the closing price of $39.05. Price fluctuations for URBN have ranged from $24.73 to $41.99 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Cyclical sector was 6.18%. Company’s average yearly earnings per share was noted 91.86% at the time writing. With a float of $58.40 million, this company’s outstanding shares have now reached $92.18 million.

Urban Outfitters, Inc. (URBN) Insider Activity

A key investor’s attitude towards the stock of the Apparel Retail industry is another important factor to consider. The insider ownership of Urban Outfitters, Inc. is 37.06%, while institutional ownership is 72.35%. The most recent insider transaction that took place on Jun 12, was worth 162,900. In this transaction Director of this company sold 5,000 shares at a rate of $32.58, taking the stock ownership to the 19,000 shares. Before that another transaction happened on May 26, when Company’s Chief Financial Officer sold 16,036 for $31.24, making the entire transaction worth $500,917. This insider now owns 1,000 shares in total.

Urban Outfitters, Inc. (URBN) Earnings and Forecasts

If we go through the results of last quarter, which was made public on 10/30/2023, the company posted $0.89 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.82) by $0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.61 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 91.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 27.50% during the next five years compared to 12.06% growth over the previous five years of trading.

Urban Outfitters, Inc. (NASDAQ: URBN) Trading Performance Indicators

Check out the current performance indicators for Urban Outfitters, Inc. (URBN). In the past quarter, the stock posted a quick ratio of 0.73. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.78. Likewise, its price to free cash flow for the trailing twelve months is 17.77.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.88, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.50 in one year’s time.

Technical Analysis of Urban Outfitters, Inc. (URBN)

Compared to the last year’s volume of 1.63 million, its volume of 1.62 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 92.49%. Additionally, its Average True Range was 1.13.

During the past 100 days, Urban Outfitters, Inc.’s (URBN) raw stochastic average was set at 97.81%, which indicates a significant increase from 94.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.04% in the past 14 days, which was lower than the 40.26% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.79, while its 200-day Moving Average is $34.08. Nevertheless, the first resistance level for the watch stands at $43.04 in the near term. At $43.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $44.30. If the price goes on to break the first support level at $41.78, it is likely to go to the next support level at $41.04. Should the price break the second support level, the third support level stands at $40.52.

Urban Outfitters, Inc. (NASDAQ: URBN) Key Stats

There are currently 92,784K shares outstanding in the company with a market cap of 3.95 billion. Presently, the company’s annual sales total 4,795 M according to its annual income of 159,700 K. Last quarter, the company’s sales amounted to 1,281 M and its income totaled 83,010 K.