Urban Outfitters (URBN) Receiving Somewhat Positive Press Coverage, Accern Reports
News stories about Urban Outfitters (NASDAQ:URBN) have been trending somewhat positive on Thursday, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Urban Outfitters earned a news impact score of 0.18 on Accern’s scale. Accern also gave news coverage about the apparel retailer an impact score of 46.2864427457062 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 media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Urban Outfitters, Inc. (NASDAQ:URBN) Stock Closed 5.3% Above Its … – Highlight Press (highlightpress.com)
- Urban Outfitters, Inc. (NASDAQ:URBN) Stock Closed Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Urban Outfitters, Inc. (URBN) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Urban Outfitters Inc (URBN), Synchrony Financial (SYF) Shares Moving On Volume – FLBC News (flbcnews.com)
- Urban Outfitters' Comps Went One Way, Its Shares Went Another (finance.yahoo.com)
Several analysts have issued reports on the stock. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Urban Outfitters in a research report on Tuesday, May 16th. UBS AG reaffirmed a “neutral” rating and issued a $21.00 price objective (down previously from $25.00) on shares of Urban Outfitters in a research report on Wednesday, May 17th. ValuEngine downgraded shares of Urban Outfitters from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Royal Bank Of Canada increased their price objective on shares of Urban Outfitters from $17.00 to $21.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 16th. Finally, SunTrust Banks, Inc. reaffirmed a “buy” rating on shares of Urban Outfitters in a research report on Wednesday, August 16th. Four investment analysts have rated the stock with a sell rating, twenty have issued a hold rating and seven have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $23.03.
Urban Outfitters (NASDAQ URBN) opened at 19.55 on Thursday. The stock’s 50 day moving average price is $18.52 and its 200-day moving average price is $21.37. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of 13.09 and a beta of 0.66. Urban Outfitters has a one year low of $16.19 and a one year high of $40.80.
Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings data on Tuesday, August 15th. The apparel retailer reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.07. Urban Outfitters had a return on equity of 13.61% and a net margin of 4.92%. The firm had revenue of $873 million for the quarter, compared to analyst estimates of $860.80 million. During the same quarter last year, the company earned $0.66 EPS. The company’s revenue was down 2.0% on a year-over-year basis. On average, equities research analysts anticipate that Urban Outfitters will post $1.42 earnings per share 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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