Urban Outfitters (URBN) : Earnings Whisper

Urban Outfitters Inc. (URBN) is set to report its 2016 second quarter earnings results after the market close on Monday. The lifestyle specialty retail company is expected to report revenue of $881.30 million. Similarly, the EPS is projected at $0.49. A year ago, Urban Outfitters earned $0.49 a share on net income of $811.25 million. The Street’s estimates for the 2Q’16 reflect a year-over-year revenue increase of 8.7%. Meanwhile, EarningsWhisper.com expects the company to report a  whisper number of $0.51 per share.

As a quick reminder, URBN reported 1Q/16 EPS of $0.25, $0.05 worse than the Street’s consensus estimate. Revs rose 7.7% year-over-year to $739 million vs. the $758.25 million consensus.

On valuation measures, Urban Outfitters Inc. shares are currently priced at 19.17x this year’s forecasted earnings compared to the industry’s 19.06x earnings multiple. Ticker has a PEG and forward P/E ratio of 1.08 and 14.56, respectively. Price/Sales for the same period is 1.23 while EPS is 1.69. Currently, there are 14 analysts that rate URBN a ‘Buy’, vs. 19 rating it a ‘Hold’. No analyst rates it a ‘Sell’. URBN has a median Wall Street price target of $39 with a high target of $53.

In the past 52 weeks, shares of Philadelphia, Pennsylvania-based company have traded between a low of $27.89 and a high of $47.25.

Urban Outfitters shares have declined 8% year-to-date, while the Standard & Poor’s 500 index has climbed slightly more than 6 percent. In the final minutes of trading on Friday, shares hit $32.32, a fall of more than 11 percent in the last 52 weeks.

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