Urban Outfitters (URBN) Given Daily Coverage Optimism Rating of 0.02

News headlines about Urban Outfitters (NASDAQ:URBN) have been trending somewhat positive on Friday, according to Accern Sentiment. The research firm scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Urban Outfitters earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave headlines about the apparel retailer an impact score of 47.8260401293647 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news headlines that may have effected Accern’s rankings:

Urban Outfitters opened at $41.54 on Friday, MarketBeat reports. The company has a market cap of $4.53 billion, a P/E ratio of 24.87, a PEG ratio of 1.41 and a beta of 0.52. Urban Outfitters has a 1-year low of $16.19 and a 1-year high of $43.58.

Urban Outfitters (NASDAQ:URBN) last posted its earnings results on Tuesday, May 22nd. The apparel retailer reported $0.38 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.08. The business had revenue of $855.70 million for the quarter, compared to analyst estimates of $837.79 million. Urban Outfitters had a net margin of 3.71% and a return on equity of 16.13%. Urban Outfitters’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 EPS. analysts forecast that Urban Outfitters will post 2.46 earnings per share for the current fiscal year.

URBN has been the topic of a number of research analyst reports. SunTrust Banks reiterated a “buy” rating and issued a $40.00 target price on shares of Urban Outfitters in a research note on Friday, February 2nd. Royal Bank of Canada set a $37.00 target price on shares of Urban Outfitters and gave the company a “hold” rating in a research note on Friday, February 9th. BidaskClub upgraded shares of Urban Outfitters from a “buy” rating to a “strong-buy” rating in a research note on Friday, February 23rd. B. Riley boosted their target price on shares of Urban Outfitters from $34.00 to $37.00 and gave the company a “neutral” rating in a research note on Tuesday, February 27th. Finally, BMO Capital Markets reiterated a “neutral” rating and issued a $37.00 target price on shares of Urban Outfitters in a research note on Wednesday, March 7th. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $35.96.

In other news, insider David W. Mccreight sold 147,319 shares of the stock in a transaction on Thursday, April 12th. The shares were sold at an average price of $38.54, for a total value of $5,677,674.26. Following the transaction, the insider now owns 108,900 shares of the company’s stock, valued at approximately $4,197,006. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Joel S. Lawson III sold 10,000 shares of the stock in a transaction on Tuesday, May 29th. The stock was sold at an average price of $41.82, for a total transaction of $418,200.00. Following the completion of the transaction, the director now directly owns 17,000 shares in the company, valued at approximately $710,940. The disclosure for this sale can be found here. Insiders have sold a total of 480,295 shares of company stock worth $18,346,402 in the last ninety days. 25.90% of the stock is currently owned by insiders.

Urban Outfitters Company Profile

Urban Outfitters, Inc, a lifestyle products and services company, engages in the retail and wholesale of general consumer products. The company retails women's and men's fashion apparel, activewear, intimates, footwear, accessories, home goods, electronics, and beauty products for young adults aged 18 to 28 under the Urban Outfitters brand; and women's casual apparel and accessories, intimates, shoes, and home furnishings, as well as gifts, decorative items, and beauty products for women aged 28 to 45 under the Anthropologie brand.

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

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