Comparing Valuation With Peers: Urban Outfitters, Inc. (URBN), Patterson-UTI Energy, Inc. (PTEN)

Urban Outfitters, Inc. (NASDAQ:URBN) is available at discount when one looks at the company’s price to sales ratio of 1.16 and compares it with other companies in the Apparel Stores group. Its industry average valuation of 2.12 is significantly better than the sector’s 9.04. In the past 13-year record, this ratio went down as low as 0.58 and as high as 3.68. Also, it is down from 0.73 of the total 951 rivals across the globe.

URBN traded at an unexpectedly low level on 11/08/2018 when the stock experienced a 1.67% gain to a closing price of $41.36. The company saw 1.98 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 2.57 million shares a day, this signifies a pretty significant change over the norm.

Urban Outfitters, Inc. (URBN) Analyst Gushes

Analysts are speculating a 45.07% move, based on the high target price ($60) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $48.95 price target, but the stock is already up 73.56% from its recent lows. However, the stock is trading at -21.22% versus recent highs ($52.5). Analysts believe that we could see stock price minimum in the $35 range (lowest target price), allowing for another -15.38% drop from its current position. Leading up to this report, we have seen a 6.19% rise in the stock price over the last 30 days and a -14.33% decline over the past 3 months. Overall, the share price is up 17.97% so far this year. Additionally, URBN had a day price range of $40.49 to $41.77.

Urban Outfitters, Inc. (URBN) Price Potential

Heading into the stock price potential, Urban Outfitters, Inc. needs to grow just 23.31% to cross its median price target of $51. In order to determine directional movement, the 50-day and 200-day moving averages for Urban Outfitters, Inc. (NASDAQ:URBN) are $39.46 and $43.01. Given that liquidity is king in short-term, URBN is a stock with 109.52 million shares outstanding that normally trades 21.84% of its float. The stock price recently experienced a 5-day gain of 3.22% with 1.46 average true range (ATR). URBN has a beta of 0.53 and RSI is 60.19.

Investors also need to beware of the Patterson-UTI Energy, Inc. (NASDAQ:PTEN) valuations. The stock trades on a P/S of 1.11, which suggests that the shares are attractive compared with peers. The broad Oil & Gas Drilling & Exploration industry has an average P/S ratio of 5.36, which is significantly better than the sector’s 10.06. In the past 13-year record, this ratio went down as low as 0.65 and as high as 4.58. Also, it is down from 0.7 of the total 56 rivals across the globe.

Patterson-UTI Energy, Inc. (PTEN)’s Lead Over its Technicals

Patterson-UTI Energy, Inc. by far traveled 18.5% versus a 1-year low price of $13.89. The share price was last seen -2.78% lower, reaching at $16.46 on Nov. 08, 2018. At recent session, the prices were hovering between $16.4 and $16.89. This company shares are 32.08% off its target price of $21.74 and the current market capitalization stands at $3.64B. The recent change has given its price a -2.53% deficit over SMA 50 and -34.24% deficit over its 52-week high. The stock witnessed -1.73% declines, -2.72% declines and -27.14% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found PTEN’s volatility during a week at 4.17% and during a month it has been found around 5%.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Intraday Metrics

Patterson-UTI Energy, Inc. (PTEN) exchanged hands at an unexpectedly low level of 1.81 million shares over the course of the day. Noting its average daily volume at 3.08 million shares each day over the month, this signifies a pretty significant change over the norm.

Patterson-UTI Energy, Inc. Target Levels

The market experts are predicting a 70.11% rally, based on the high target price ($28) for Patterson-UTI Energy, Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $13.25 range (lowest target price). If faced, it would be a -19.5% drop from its current position. Overall, the share price is down -28.47% year to date.