Urban Outfitters stock saw its IBD SmartSelect Composite Rating rise to 96 Friday, up from 90 the day before.
The new rating shows the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria. Winning stocks often have a 95 or higher rating in the early stages of a new price run, so that's an important benchmark to look for when looking for the best stocks to buy and watch.
Urban Outfitters stock is currently forming a flat base, with a 60.90 buy point. See if the retail stock can break out in heavy trade at least 40% above average.
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The stock sports a 97 EPS Rating, which means its recent quarterly and annual earnings growth tops 97% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
Urban Outfitters Earnings
In Q4, the millennial lifestyle retailer reported 51% EPS growth. It has now posted accelerating EPS increases for two consecutive quarters. Top line growth increased 10%, up from 6% in the prior quarter. That marks one quarter of increasing revenue increases.
Urban Outfitters stock earns the No. 1 rank among its peers in the Retail-Apparel/Shoes/Accessories industry group. lululemon athletica and TJX Cos are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
