Urban Outfitters (URBN - Free Report) closed at $40.35 in the latest trading session, marking a +0.15% move from the prior day. The stock lagged the S&P 500's daily gain of 0.63%. Elsewhere, the Dow gained 0.68%, while the tech-heavy Nasdaq added 0.64%.
Heading into today, shares of the clothing and accessories retailer had gained 1.85% over the past month, outpacing the Retail-Wholesale sector's loss of 3.45% and the S&P 500's loss of 4.95% in that time.
URBN will be looking to display strength as it nears its next earnings release, which is expected to be November 19, 2018. The company is expected to report EPS of $0.63, up 53.66% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $968.80 million, up 8.52% from the year-ago period.
URBN's full-year Zacks Consensus Estimates are calling for earnings of $2.66 per share and revenue of $3.96 billion. These results would represent year-over-year changes of +59.28% and +9.57%, respectively.
Investors might also notice recent changes to analyst estimates for URBN. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.13% lower. URBN is currently sporting a Zacks Rank of #3 (Hold).
Digging into valuation, URBN currently has a Forward P/E ratio of 15.13. This represents a discount compared to its industry's average Forward P/E of 16.69.
Investors should also note that URBN has a PEG ratio of 1.19 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. URBN's industry had an average PEG ratio of 1.68 as of yesterday's close.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 95, which puts it in the top 37% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.