Urban Outfitters Stock Hits New 52-Week High (URBN)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Urban Outfitters (Nasdaq: URBN) hit a new 52-week high Wednesday as it is currently trading at $44.69, above its previous 52-week high of $44.31 with 93,171 shares traded as of 9:42 a.m. ET. Average volume has been 1.9 million shares over the past 30 days.

Urban Outfitters has a market cap of $6.4 billion and is part of the services sector and retail industry. Shares are up 12.1% year to date as of the close of trading on Tuesday.

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products in the United States. It operates in two segments, Retail and Wholesale. The company operates retail stores under the Urban Outfitters, Anthropologie, Free People, Terrain, and BHLDN brands. The company has a P/E ratio of 27, above the S&P 500 P/E ratio of 17.7.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

TheStreet Ratings rates Urban Outfitters as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Urban Outfitters Ratings Report.

See all 52-week high stocks or get investment ideas from our investment research center.

Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.
null