Media coverage about Urban Outfitters (NASDAQ:URBN) has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Urban Outfitters earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the apparel retailer an impact score of 45.7389250961243 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s analysis:
- Urban Outfitters, Inc. (URBN) Given a $16.00 Price Target by MKM Partners Analysts (americanbankingnews.com)
- Stocks eke out gain after retailers post stronger-than-expected earnings (latimes.com)
- Morgan Stanley Raises Urban Outfitters, Inc. (URBN) Price Target to $19.00 (americanbankingnews.com)
- Urban Outfitters and Agilent climb; Bristol-Myers skids (marketbeat.com)
- Dressed To Kill Or Going Out In Style? Analysts Mixed On Ailing Urban Outfitters’ Q2 Beat (feeds.benzinga.com)
Several brokerages recently issued reports on URBN. FBR & Co reiterated a “hold” rating and set a $24.00 price target (down previously from $28.00) on shares of Urban Outfitters in a research report on Wednesday, May 17th. MKM Partners reiterated a “sell” rating and set a $16.00 price target (down previously from $19.00) on shares of Urban Outfitters in a research report on Monday, June 12th. Zacks Investment Research downgraded shares of Urban Outfitters from a “hold” rating to a “strong sell” rating in a research report on Friday, May 19th. Wunderlich set a $20.00 price target on shares of Urban Outfitters and gave the stock a “hold” rating in a research report on Wednesday, May 17th. Finally, Morgan Stanley reiterated an “equal weight” rating and set a $19.00 price target (down previously from $27.00) on shares of Urban Outfitters in a research report on Friday, May 19th. Four investment analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and eight have issued a buy rating to the stock. Urban Outfitters has an average rating of “Hold” and an average target price of $25.00.
Shares of Urban Outfitters (NASDAQ URBN) traded up 17.48% during trading on Wednesday, hitting $19.76. 32,652,676 shares of the stock traded hands. Urban Outfitters has a 52 week low of $16.19 and a 52 week high of $40.80. The firm has a market cap of $2.29 billion, a P/E ratio of 11.54 and a beta of 0.66. The company has a 50-day moving average of $18.42 and a 200-day moving average of $21.62. Urban Outfitters also was the target of unusually large options trading on Monday. Investors purchased 32,160 put options on the stock. This represents an increase of approximately 763% compared to the average daily volume of 3,727 put options.
Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings data on Tuesday, August 15th. The apparel retailer reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.07. Urban Outfitters had a return on equity of 15.88% and a net margin of 5.66%. The business had revenue of $873 million for the quarter, compared to analysts’ expectations of $860.80 million. During the same quarter in the previous year, the firm earned $0.66 earnings per share. The business’s revenue was down 2.0% on a year-over-year basis. On average, analysts forecast that Urban Outfitters will post $1.36 EPS for the current fiscal year.
Urban Outfitters Company Profile
Urban Outfitters, Inc is a lifestyle specialty retail company. The Company operates through two segments: Retail and Wholesale. The Company’s Retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and Bhldn brands, whose merchandise is sold to its customers through retail stores, Websites, mobile applications, catalogs and customer contact centers.
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