Urban Outfitters (URBN) Getting Somewhat Positive Media Coverage, Analysis Shows
Media headlines about Urban Outfitters (NASDAQ:URBN) have been trending somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Urban Outfitters earned a news impact score of 0.17 on Accern’s scale. Accern also gave media coverage about the apparel retailer an impact score of 46.3797608390018 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Sampan owner & Urban Outfitters executive chef to buy Osteria (finance.yahoo.com)
- Urban Outfitters (URBN) Given New $30.00 Price Target at Nomura (americanbankingnews.com)
- Research Analysts Issue Forecasts for Urban Outfitters, Inc.’s Q4 2018 Earnings (URBN) (americanbankingnews.com)
- Urban Outfitters, Inc. (URBN) Expected to Earn Q2 2019 Earnings of $0.52 Per Share (americanbankingnews.com)
- Urban Outfitters (URBN) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
Several analysts have commented on the stock. Telsey Advisory Group lifted their price objective on shares of Urban Outfitters from $35.00 to $38.00 and gave the company a “market perform” rating in a research note on Tuesday, January 2nd. Robert W. Baird set a $39.00 price objective on shares of Urban Outfitters and gave the company a “buy” rating in a research note on Friday, December 22nd. Zacks Investment Research cut shares of Urban Outfitters from a “strong-buy” rating to a “hold” rating in a research note on Saturday, January 6th. BidaskClub cut shares of Urban Outfitters from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 6th. Finally, Nomura reiterated a “neutral” rating and issued a $30.00 target price (up from $26.00) on shares of Urban Outfitters in a research note on Wednesday. Three analysts have rated the stock with a sell rating, twenty have assigned a hold rating and twelve have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $26.40.
Shares of Urban Outfitters (URBN) opened at $33.84 on Friday. Urban Outfitters has a 1-year low of $16.19 and a 1-year high of $36.10. The stock has a market cap of $3,605.76, a price-to-earnings ratio of 22.56, a PEG ratio of 1.78 and a beta of 0.73.
Urban Outfitters (NASDAQ:URBN) last released its earnings results on Monday, November 20th. The apparel retailer reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.08. Urban Outfitters had a net margin of 4.81% and a return on equity of 13.34%. The business had revenue of $892.77 million during the quarter, compared to analyst estimates of $860.64 million. During the same quarter in the prior year, the firm earned $0.40 earnings per share. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year. analysts predict that Urban Outfitters will post 1.56 earnings per share for the current fiscal year.
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About Urban Outfitters
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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