Jump Report
| Avg Daily Volume: 2,938,017 Market Cap: 2.79B Sector: Services Short Interest: 13.85 |
EARNINGS EXPECTATIONS:
ESTIMATED EPS: .25/share REV: 855.65/M
___________________________________________________________
LAST QTR: EPS: .80/share ESTIMATED: .79/share (BEAT)
_____________________________________________________________
NEXT QTR: EPS: .80/share REV: 1,001/M
______________________________________________________
FY19: EPS: 2.62/share REV: 4,060/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
BEAT/MISS HISTORY: 64% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (3 QTRS %) 4.9, 6.14, 9.97
POTENTIAL JUMP MOVE: 8-10%
Links To Latest News and Headlines
Over the past six months, Urban Outfitters’s shares (currently trading at $63.70) have posted a disappointing 9.4% loss while the S&P 500 was flat. This might have investors contemplating their next move.
The collaboration celebrates the skateboarding brand’s 60th “Off the Wall” anniversary and features sneakers, apparel and accessories.
The Russell 2000 (^RUT) may be overshadowed by larger indexes, but it’s full of companies with the potential to deliver high returns. A select few have the right mix of innovation, market opportunity, and execution to outperform over time.
Urban Outfitters, NasdaqGS:URBN, is expanding logistics operations for its Nuuly rental brand. The company is investing in automation and added capacity to support rapid Nuuly subscriber growth. The build out targets more efficient processing of rental garments and returns for the subscription service. Urban Outfitters runs a portfolio of retail concepts, and Nuuly sits at the intersection of apparel rental, ecommerce, and subscription services. As rental options gain traction with…
The distribution center, which supports its Nuuly rental brand, will accelerate its digital business and deliver expected gains in delivery and logistics.
Analysis and trade direction are uploaded generally between noon and 1pm EST for most events. ALWAYS check back near market close for updates as the analysis can change by end of session.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
ANALYSIS:
StockJumpers trajectory analysis reveals a negative overall market reaction to the news release. They are trading at near annual lows and we were looking for a beat and news that would propel the stock higher, but we are not seeing it. There was some data about a miss on some of the metrics (perhaps same store sales) but its ambiguous. We are biased short on this one
We are SHORT on the event
___________________
TRADE PLAN:
ENTRY: SELL
STOP LOSS: 5%
TAKE PROFIT: 10%
___________________
UPDATE: We remain biased short – even though it looks oversold and trading at annual lows.
POST RELEASE ACTION: They beat on the main metrics, but the key for the main move in the am will be in the guidance. We revised our take profit from break-even to 6% and will revisit in the AM.
[/mepr-sho
This area reserved for subscribers to the Options Intelligence Strategy. If this is something you wish to participate in, just let us know below.
NOTE: There is a significant amount of data behind the scenes in getting to the analysis in the tab above. Too much information for traders only confuses things – so this is striped down to only what it needed to make the best possible decision(s) on trading the trajectory.