Somewhat Favorable News Coverage Somewhat Unlikely to Impact Urban Outfitters (URBN) Stock Price

Media coverage about Urban Outfitters (NASDAQ:URBN) has trended somewhat positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real time. 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 0.17 on Accern’s scale. Accern also assigned media headlines about the apparel retailer an impact score of 46.3797608390018 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the media headlines that may have impacted Accern’s scoring:

Several equities research analysts have recently issued reports on the stock. Nomura restated a “neutral” rating and issued a $30.00 target price (up previously from $26.00) on shares of Urban Outfitters in a report on Wednesday. Zacks Investment Research upgraded shares of Urban Outfitters from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a report on Friday, January 12th. Buckingham Research restated a “buy” rating and issued a $42.00 target price (up previously from $32.00) on shares of Urban Outfitters in a report on Thursday, January 11th. Robert W. Baird set a $39.00 target price on shares of Urban Outfitters and gave the stock a “buy” rating in a report on Wednesday, January 10th. Finally, BidaskClub lowered shares of Urban Outfitters from a “strong-buy” rating to a “buy” rating in a report on Saturday, January 6th. Three analysts have rated the stock with a sell rating, twenty have issued a hold rating and twelve have issued a buy rating to the company. Urban Outfitters has an average rating of “Hold” and an average price target of $26.40.

Urban Outfitters (NASDAQ:URBN) opened at $33.84 on Friday. Urban Outfitters has a 12-month low of $16.19 and a 12-month high of $36.10. The stock has a market cap of $3,605.76, a P/E ratio of 22.56, a PEG ratio of 1.78 and a beta of 0.73.

Urban Outfitters (NASDAQ:URBN) last issued its quarterly earnings data on Monday, November 20th. The apparel retailer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.08. Urban Outfitters had a net margin of 4.81% and a return on equity of 13.34%. The firm had revenue of $892.77 million for the quarter, compared to the consensus estimate of $860.64 million. During the same quarter in the previous year, the firm earned $0.40 EPS. The company’s quarterly revenue 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 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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