URBN

Urban Outfitters Inc

Consumer


Presented:08/28/2019
Price:$23.55
Cap:$2.31B
Current Price:$37.28
Cap:$3.44B

Presented

Date08/28/2019
Price$23.55
Market Cap$2.31B
Ent Value$3.34B
P/E Ratio9.75x
Book Value$13.90
Div Yield0%
Shares O/S97.97M
Ave Daily Vol2,895,324
Short Int12.35%

Current

Price$37.28
Market Cap$3.44B
Urban Outfitters, Inc. engages in the operation of a general consumer product retail and wholesale business selling to customers through various channels including retail locations, websites, catalogs and mobile applications. It operates through the Retail, and Wholesale segments. The Retail segment contains the Anthropologie, Bhldn, Free People, Terrain, and Urban Outfitters brands; and its Food and Beverage division. The Wholesale segment designs, develops, and markets apparel, intimates, active wear, and home goods under the Free People, Anthropologie, and Urban Outfitters brands. The company was founded by Richard A. Hayne and Scott A. Belair in 1970 and is headquartered at Philadelphia, PA.

Publicly traded companies mentioned herein: Alibaba Group Holding Ltd (BABA), Apple Inc (AAPL), Macy’s Inc (M), Urban Outfitters Inc (URBN)

Highlights

The presenter is long shares of Urban Outfitters Inc (URBN), which he considers a strong company valued in-line or below challenged mall-based retailers. He thinks this is a mistake and notes that the reasons investors short retail/mall stocks don’t apply to URBN. Since this time last year, shares have fallen from ~$46 to the current ~$23 mainly due to weak comps, but the presenter notes that the company was facing tough comps and that he expects comps to inflect positively in the near-term. He has a price target of $30 – $35 per share over the next eighteen months, which would require a multiple of HSDx P/E ex-cash or 6x – 7x EBITDA less capex. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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