Somewhat Positive News Coverage Extremely Likely to Impact Urban Outfitters (URBN) Share Price

Media headlines about Urban Outfitters (NASDAQ:URBN) have been trending somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative media coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Urban Outfitters earned a media sentiment score of 0.85 on their scale. InfoTrie also assigned news coverage about the apparel retailer an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company’s share price in the next several days.

These are some of the media headlines that may have effected Urban Outfitters’ analysis:

URBN stock opened at $37.40 on Friday. The firm has a market capitalization of $3.99 billion, a P/E ratio of 22.40, a PEG ratio of 1.06 and a beta of 0.54. Urban Outfitters has a 12-month low of $28.69 and a 12-month high of $52.50.

Urban Outfitters (NASDAQ:URBN) last posted its quarterly earnings data on Monday, November 19th. The apparel retailer reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.63 by $0.07. The firm had revenue of $973.50 million for the quarter, compared to the consensus estimate of $967.82 million. Urban Outfitters had a return on equity of 20.65% and a net margin of 5.44%. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.41 EPS. As a group, research analysts forecast that Urban Outfitters will post 2.7 earnings per share for the current fiscal year.

A number of equities analysts recently commented on URBN shares. MKM Partners lifted their price objective on Urban Outfitters to $47.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 22nd. BidaskClub upgraded Urban Outfitters from a “hold” rating to a “buy” rating in a research report on Saturday, August 11th. ValuEngine downgraded Urban Outfitters from a “buy” rating to a “hold” rating in a research report on Friday, September 14th. Telsey Advisory Group reduced their target price on Urban Outfitters from $44.00 to $42.00 and set a “market perform” rating on the stock in a research report on Tuesday. Finally, Zacks Investment Research upgraded Urban Outfitters from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a research report on Saturday, November 17th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $45.41.

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About Urban Outfitters

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.

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