Investment Research Analysts Opinion: Urban Outfitters, Inc. (URBN), Innoviva, Inc. (INVA)

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Baird reaffirmed a buy rating on shares of Urban Outfitters in a report on Saturday, November 26th.

Fourth-quarter profits fell 11.8 percent to $64.3 million, or 55 cents a share, on a 1.7 percent decline in sales, to $1.03 billion. The stock has an operating margin of 10.10% and a net profit margin of 6.40% This appreciation has taken its price 10.66% above the 52-week low. (NASDAQ:URBN)'s last 12 earnings reports, it has beaten EPS estimates 41% of the time. Twenty-one research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company's stock. Urban Outfitters presently has a consensus rating of "Hold" and an average target price of $33.00. Urban Outfitters, Inc. (NASDAQ:URBN) shares slumped -1.05% to $25.41 on Tuesday. That puts total institutional holdings at 92,679,850 shares, according to SEC filings.

Previously on 3/6/2017, Vetr Inc. reported on Urban Outfitters (NASDAQ:URBN) upped the target price from $0.00 to $28.87. The stock has a market cap of $3.17 billion, a PE ratio of 14.155 and a beta of 0.63. Moving to earnings estimates, for this current fiscal period, Wall Street analysts have projected that the company will post $0.56 earnings per share. The company beat the analyst EPS Estimate with the difference of $-0.04.

Urban Outfitters ended the quarter with cash and cash equivalents of $248.1 million, marketable securities of $111.1 million and shareholders' equity of $1,313.1 million.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 10/2016, the consensus mean EPS was $0.44 while Urban Outfitters, Inc. The 1-year price target of the company is 29.77.

Management anticipates gross margin rate to decline year over year in first-quarter fiscal 2018 on account of rise in delivery and logistic expenses. The stock has its 52-Week High on Mar 2, 2017 and 52-Week Low on Dec 1, 2016. The stock's closing price was $36.05 with the gain of 15.40% in its share price on the day following the earning announcement. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

The firm reported the pricing of the underwritten secondary offering of 25 million Paired Shares, each Paired Share consisting of a share of common stock of Extended Stay America and a share of Class B common stock of ESH Hospitality, which are attached and trade together as Paired Shares. Kentucky Retirement Systems purchased a new stake in Urban Outfitters during the second quarter valued at approximately $203,000. The company's previous year sales total was 1.01 Billion. Richard A. Hayne is one of the biggest insider owners in Urban Outfitters, Inc.

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