Urban Outfitters (URBN) Getting Somewhat Positive Media Coverage, Report Finds

News coverage about Urban Outfitters (NASDAQ:URBN) has trended somewhat positive this week, Accern Sentiment reports. The research group rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Urban Outfitters earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the apparel retailer an impact score of 45.8300901783197 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the media headlines that may have effected Accern Sentiment Analysis’s analysis:

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Shares of NASDAQ URBN opened at $36.96 on Monday. Urban Outfitters has a 12-month low of $16.19 and a 12-month high of $38.28. The stock has a market capitalization of $4,000.88, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 1.37 and a beta of 0.56.

Urban Outfitters (NASDAQ:URBN) last announced its quarterly earnings results on Tuesday, March 6th. The apparel retailer reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.06. Urban Outfitters had a net margin of 2.99% and a return on equity of 14.19%. The company had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the prior year, the firm earned $0.55 earnings per share. The company’s revenue for the quarter was up 5.7% compared to the same quarter last year. equities research analysts expect that Urban Outfitters will post 2.25 EPS for the current fiscal year.

URBN has been the topic of a number of research analyst reports. SunTrust Banks set a $35.00 price objective on shares of Urban Outfitters and gave the stock a “buy” rating in a report on Monday, December 11th. Telsey Advisory Group boosted their price objective on shares of Urban Outfitters from $30.00 to $35.00 and gave the stock a “market perform” rating in a report on Tuesday, December 12th. Wolfe Research boosted their price objective on shares of Urban Outfitters from $31.00 to $34.00 and gave the stock an “outperform” rating in a report on Tuesday, December 12th. Robert W. Baird reissued a “buy” rating and set a $35.00 price objective on shares of Urban Outfitters in a report on Friday, December 15th. Finally, KeyCorp reissued a “buy” rating on shares of Urban Outfitters in a report on Friday, December 15th. Three research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. Urban Outfitters presently has a consensus rating of “Hold” and a consensus target price of $31.04.

In related news, General Counsel Azeez Hayne sold 11,421 shares of the company’s stock in a transaction that occurred on Friday, March 9th. The shares were sold at an average price of $35.49, for a total transaction of $405,331.29. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Margaret Hayne sold 41,100 shares of the company’s stock in a transaction that occurred on Wednesday, March 21st. The shares were sold at an average price of $36.65, for a total transaction of $1,506,315.00. Following the transaction, the chief executive officer now directly owns 1,066,184 shares in the company, valued at approximately $39,075,643.60. The disclosure for this sale can be found here. Insiders have sold 191,865 shares of company stock worth $6,907,509 in the last three months. 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.

Insider Buying and Selling by Quarter for Urban Outfitters (NASDAQ:URBN)

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