Urban OutfittersURBN
About: Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates more than 700 stores and e-commerce in the United States (87.5% of fiscal 2024 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 91% of fiscal 2024 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly (5% of sales). Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (66% of sales), home goods (16% of sales), accessories (13% of sales), and more.
Employees: 28,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 6 (+3) [Q2]
17% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 36
2% more funds holding
Funds holding: 299 [Q1] → 305 (+6) [Q2]
3% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 104
0.98% more ownership
Funds ownership: 73.15% [Q1] → 74.13% (+0.98%) [Q2]
3% less capital invested
Capital invested by funds: $2.95B [Q1] → $2.84B (-$103M) [Q2]
9% less call options, than puts
Call options by funds: $40.1M | Put options by funds: $44.3M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Wells Fargo Ike Boruchow 63% 1-year accuracy 24 / 38 met price target | 10%upside $40 | Equal-Weight Maintained | 22 Aug 2024 |
Barclays Adrienne Yih 49% 1-year accuracy 20 / 41 met price target | 18%upside $43 | Overweight Maintained | 22 Aug 2024 |
Jefferies Corey Tarlowe 69% 1-year accuracy 9 / 13 met price target | 6%downside $34 | Underperform Maintained | 22 Aug 2024 |
BMO Capital Simeon Siegel 73% 1-year accuracy 16 / 22 met price target | 7%upside $39 | Market Perform Maintained | 22 Aug 2024 |
Telsey Advisory Group Dana Telsey 48% 1-year accuracy 79 / 166 met price target | 21%upside $44 | Market Perform Downgraded | 22 Aug 2024 |
Financial journalist opinion
Based on 3 articles about URBN published over the past 30 days