After Today’s Bullish Options Activity, Is Urban Outfitters, Inc.’s Near-Term Analysis Positive?

 After Today's Bullish Options Activity, Is Urban Outfitters, Inc.'s Near Term Analysis Positive?

In today’s session Urban Outfitters, Inc. (URBN) registered an unusually high (125) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious URBN increase. With 125 contracts traded and 8124 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: URBN161021C00036000 closed last at: $1 or 53.8% up. About 966,041 shares traded hands. Urban Outfitters, Inc. (NASDAQ:URBN) has risen 29.65% since March 4, 2016 and is uptrending. It has outperformed by 21.61% the S&P500.

Analysts await Urban Outfitters, Inc. (NASDAQ:URBN) to report earnings on November, 21. They expect $0.43 EPS, up 2.38% or $0.01 from last year’s $0.42 per share. URBN’s profit will be $50.16 million for 21.13 P/E if the $0.43 EPS becomes a reality. After $0.66 actual EPS reported by Urban Outfitters, Inc. for the previous quarter, Wall Street now forecasts -34.85% negative EPS growth.

Urban Outfitters, Inc. (NASDAQ:URBN) Ratings Coverage

Out of 30 analysts covering Urban Outfitters Inc. (NASDAQ:URBN), 10 rate it a “Buy”, 0 “Sell”, while 20 “Hold”. This means 33% are positive. Urban Outfitters Inc. has been the topic of 71 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Tuesday, November 17 by RBC Capital Markets. Deutsche Bank maintained Urban Outfitters, Inc. (NASDAQ:URBN) rating on Wednesday, August 17. Deutsche Bank has “Hold” rating and $37 price target. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Peer Perform” rating by Wolfe Research on Tuesday, August 18. BMO Capital Markets maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Wednesday, August 17 with “Market Perform” rating. The firm has “Neutral” rating given on Tuesday, November 10 by Mizuho. The rating was maintained by UBS on Tuesday, August 18 with “Neutral”. The firm has “Hold” rating given on Monday, August 31 by TheStreet. Buckingham Research maintained Urban Outfitters, Inc. (NASDAQ:URBN) on Tuesday, August 18 with “Neutral” rating. M Partners maintained it with “Neutral” rating and $24.0 target price in Friday, January 8 report. The stock of Urban Outfitters, Inc. (NASDAQ:URBN) earned “Neutral” rating by Credit Suisse on Tuesday, March 8.

According to Zacks Investment Research, “Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The company’s wholesale business designs and markets young women’s casual wear which it provides to the company’s retail operations and sells to specialty retailers worldwide.”

Insitutional Activity: The institutional sentiment increased to 1.07 in Q2 2016. Its up 0.19, from 0.88 in 2016Q1. The ratio increased, as 45 funds sold all Urban Outfitters, Inc. shares owned while 91 reduced positions. 39 funds bought stakes while 107 increased positions. They now own 83.39 million shares or 1.57% less from 84.73 million shares in 2016Q1.
Blackrock Ltd accumulated 0.01% or 705,135 shares. Citigroup Incorporated has 0% invested in the company for 50,930 shares. Chevy Chase Inc, a Maryland-based fund reported 74,034 shares. First Mercantile Tru has 0.03% invested in the company for 7,800 shares. Oregon Public Employees Retirement Fund reported 21,192 shares or 0.01% of all its holdings. Marshall Wace Ltd Liability Partnership reported 382,392 shares or 0.09% of all its holdings. Guggenheim Ltd Liability last reported 999,270 shares in the company. Advisory Service Ntwk Limited Liability Com has invested 0% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN). Archford Cap Strategies Ltd Llc holds 186 shares or 0% of its portfolio. Allianz Asset Mgmt Ag owns 7,344 shares or 0% of their US portfolio. Capstone Advsrs has 0.01% invested in the company for 14,800 shares. Menta Capital Ltd Com has 0.05% invested in the company for 14,400 shares. Wells Fargo And Mn holds 0.01% of its portfolio in Urban Outfitters, Inc. (NASDAQ:URBN) for 1.17 million shares. Cibc Asset Mgmt Incorporated, a Ontario – Canada-based fund reported 9,068 shares. Tru Of Vermont accumulated 85 shares or 0% of the stock.

Insider Transactions: Since May 24, 2016, the stock had 0 insider buys, and 2 insider sales for $242,839 net activity. Another trade for 4,000 shares valued at $149,680 was sold by Conforti Frank.

Urban Outfitters, Inc. is a lifestyle retail company. The company has a market cap of $4.24 billion. The Firm operates through two business divisions: Retail and Wholesale. It has a 18.72 P/E ratio. The Retail segment consists of the Company’s Urban Outfitters, Anthropologie Group, Free People and Terrain brands, whose merchandise is sold directly to the Company’s clients through retail stores, Websites, mobile applications, catalogs and customer contact centers.

URBN Company Profile

Urban Outfitters, Inc. (Urban Outfitters), incorporated on August 6, 1976, is a lifestyle retail company. The Firm operates through two business divisions: Retail and Wholesale. The Retail segment consists of the Company’s Urban Outfitters, Anthropologie Group, Free People and Terrain brands, whose merchandise is sold directly to the Company’s clients through retail stores, Websites, mobile applications, catalogs and customer contact centers. The Wholesale segment consists of the Free People wholesale division that primarily designs, develops and markets young women’s contemporary casual apparel.

More recent Urban Outfitters, Inc. (NASDAQ:URBN) news were published by: Fool.com which released: “Why Urban Outfitters, Inc. Stock Jumped 20% Last Month” on September 08, 2016. Also Finance.Yahoo.com published the news titled: “Why Urban Outfitters is a Solid Choice for Investors Now” on September 23, 2016. Benzinga.com‘s news article titled: “Urban Outfitters Attractive At Current Levels, Says Baird” with publication date: September 09, 2016 was also an interesting one.

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