Media headlines about Urban Outfitters (NASDAQ:URBN) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. 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 daily sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the apparel retailer an impact score of 45.7959795435655 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.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
Shares of NASDAQ URBN opened at $38.54 on Friday. The stock has a market cap of $4,022.12, a PE ratio of 23.08, a PEG ratio of 1.36 and a beta of 0.54. Urban Outfitters has a 12 month low of $16.19 and a 12 month high of $38.70.
Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings results on Tuesday, March 6th. The apparel retailer reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.06. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. Urban Outfitters had a net margin of 2.99% and a return on equity of 14.19%. The company’s quarterly revenue was up 5.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.55 earnings per share. research analysts predict that Urban Outfitters will post 2.27 EPS for the current year.
URBN has been the subject of several recent analyst reports. 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. Jefferies Group reiterated a “buy” rating and issued a $40.00 price objective on shares of Urban Outfitters in a research note on Monday, December 18th. KeyCorp reiterated a “buy” rating on shares of Urban Outfitters in a research note on Friday, December 15th. 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, BidaskClub cut shares of Urban Outfitters from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 6th. Three equities research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $31.44.
In other news, Director Scott A. Belair sold 30,000 shares of Urban Outfitters stock in a transaction dated Wednesday, March 28th. The shares were sold at an average price of $36.56, for a total transaction of $1,096,800.00. Following the completion of the sale, the director now directly owns 2,470,000 shares in the company, valued at $90,303,200. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, General Counsel Azeez Hayne sold 11,421 shares of Urban Outfitters stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $35.49, for a total transaction of $405,331.29. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 191,865 shares of company stock valued at $6,907,509. Insiders own 26.30% of the company’s stock.
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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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