Urban Outfitters (URBN, $34.54) beat Q2 earnings expectations
Urban Outfitters reported second quarter results that exceeded analysts’ expectations.
The retail company’s second-quarter earnings came in at $1.28 per share, compared to analysts’ estimate of 78 cents per share.
Revenue of $1.16 billion also surpassed analysts’ expectation of $1.09 billion.
Net sales rose +20.3% compared to 2019 levels. The company’s comparable retail segment increased +22%, on the back of double-digit growth in digital channel sales that offset low-single digit decreases in retail sales.
URBN's MACD Histogram just turned positive
The Moving Average Convergence Divergence (MACD) for URBN turned positive on May 24, 2023. Looking at past instances where URBN's MACD turned positive, the stock continued to rise in of 53 cases over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on May 24, 2023. You may want to consider a long position or call options on URBN as a result. In of 103 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
URBN moved above its 50-day moving average on May 24, 2023 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for URBN crossed bullishly above the 50-day moving average on May 05, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where URBN advanced for three days, in of 307 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 152 cases where URBN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Bearish Trend Analysis
The 10-day RSI Indicator for URBN moved out of overbought territory on May 31, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 27 similar instances where the indicator moved out of overbought territory. In of the 27 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where URBN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
URBN broke above its upper Bollinger Band on May 26, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Fundamental Analysis (Ratings)
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. URBN’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.608) is normal, around the industry mean (4.741). P/E Ratio (16.639) is within average values for comparable stocks, (109.892). Projected Growth (PEG Ratio) (0.859) is also within normal values, averaging (4.424). URBN has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.038). P/S Ratio (0.618) is also within normal values, averaging (1.979).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. URBN’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a retail clothing store
Industry ApparelFootwearRetail
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| XMLV | 52.32 | 0.94 | +1.83% |
| Invesco S&P MidCap Low Volatility ETF | |||
| VFMV | 99.67 | 0.94 | +0.95% |
| Vanguard US Minimum Volatility ETF | |||
| NSPI | 20.74 | N/A | -0.02% |
| Nationwide S&P 500 Risk-Managed Inc ETF | |||
| ULE | 11.08 | -0.05 | -0.45% |
| ProShares Ultra Euro | |||
| IGEB | 43.65 | -0.29 | -0.67% |
| iShares Investment Grade Bond Factor ETF | |||
URBN and
Correlation & Price change
A.I.dvisor indicates that over the last year, URBN has been closely correlated with BKE. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if URBN jumps, then BKE could also see price increases.
| Ticker / NAME | Correlation To URBN | 1D Price Change % | ||
|---|---|---|---|---|
| URBN | 100% | +1.71% | ||
| BKE - URBN | 76% Closely correlated | +3.61% | ||
| ANF - URBN | 74% Closely correlated | +3.12% | ||
| AEO - URBN | 72% Closely correlated | +2.67% | ||
| GPS - URBN | 69% Closely correlated | +3.20% | ||
| ZUMZ - URBN | 68% Closely correlated | +14.68% | ||
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