Urban Outfitters (URBN) Getting Somewhat Positive Media Coverage, Report Shows

Media stories about Urban Outfitters (NASDAQ:URBN) have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Urban Outfitters earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media stories about the apparel retailer an impact score of 46.6921174509731 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

URBN has been the subject of a number of analyst reports. Jefferies Group raised their price objective on shares of Urban Outfitters to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 21st. Robert W. Baird set a $27.00 price objective on shares of Urban Outfitters and gave the company a “buy” rating in a research note on Saturday, November 18th. Buckingham Research raised their price objective on shares of Urban Outfitters from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, November 14th. SunTrust Banks set a $35.00 price objective on shares of Urban Outfitters and gave the company a “buy” rating in a research note on Monday, December 11th. Finally, KeyCorp restated a “buy” rating on shares of Urban Outfitters in a research note on Friday, December 15th. Three research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and ten have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $26.62.

Shares of Urban Outfitters (NASDAQ:URBN) opened at $35.38 on Friday. The stock has a market cap of $3,760.00, a P/E ratio of 23.59, a P/E/G ratio of 1.56 and a beta of 0.62. Urban Outfitters has a 12-month low of $16.19 and a 12-month high of $36.49.

Urban Outfitters (NASDAQ:URBN) last announced its earnings results on Monday, November 20th. The apparel retailer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.08. The company had revenue of $892.77 million during the quarter, compared to analyst estimates of $860.64 million. Urban Outfitters had a net margin of 4.81% and a return on equity of 13.34%. The firm’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.40 earnings per share. equities analysts forecast that Urban Outfitters will post 1.57 EPS for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Urban Outfitters (URBN) Getting Somewhat Positive Media Coverage, Report Shows” was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this article on another site, it was copied illegally and republished in violation of US & international trademark and copyright law. The correct version of this article can be viewed at https://stocknewstimes.com/2018/02/18/urban-outfitters-urbn-getting-somewhat-positive-media-coverage-report-shows.html.

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.

Insider Buying and Selling by Quarter for Urban Outfitters (NASDAQ:URBN)

Receive News & Ratings for Urban Outfitters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Urban Outfitters and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply