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:
- $1.08 Billion in Sales Expected for Urban Outfitters, Inc. (URBN) This Quarter (americanbankingnews.com)
- Urban Outfitters (URBN) Stock Surges on Robust Q4 Sales (zacks.com)
- Brokers Issue Forecasts for Urban Outfitters, Inc.’s Q2 2019 Earnings (URBN) (americanbankingnews.com)
- SunTrust Banks Comments on Urban Outfitters, Inc.’s Q1 2019 Earnings (URBN) (americanbankingnews.com)
- Urban Outfitters, Inc. to Post FY2018 Earnings of $1.58 Per Share, William Blair Forecasts (URBN) (americanbankingnews.com)
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.
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.
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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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