The Somewhat Favorable Press Coverage Very Likely to Affect Urban Outfitters (URBN) Share Price

The Somewhat Favorable Press Coverage Very Likely to Affect Urban Outfitters (URBN) Share Price

These are some of the news stories that may have effected AlphaOne Sentiment Analysis’s scoring:

News articles about Urban Outfitters (NASDAQ:URBN) have trended somewhat positive on Monday, Alpha One reports. The research group, a unit of Accern, scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Urban Outfitters earned a media sentiment score of 0.19 on Alpha One’s scale. Alpha One also gave news stories about the apparel retailer an impact score of 84 out of 100, indicating that recent media coverage is very likely to have an impact on the stock’s share price in the near term.

Shares of Urban Outfitters (NASDAQ URBN) opened at 18.93 on Monday. Urban Outfitters has a 52 week low of $18.55 and a 52 week high of $40.80. The company has a 50-day moving average price of $21.58 and a 200-day moving average price of $26.24. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 11.05 and a beta of 0.66. Urban Outfitters (NASDAQ:URBN) last announced its quarterly earnings data on Tuesday, May 16th. The apparel retailer reported $0.13 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.03. The business had revenue of $761.20 million during the quarter, compared to the consensus estimate of $768.95 million. Urban Outfitters had a net margin of 6.42% and a return on equity of 18.88%. The business’s revenue was down .2% compared to the same quarter last year. During the same period last year, the company earned $0.25 EPS. Equities analysts anticipate that Urban Outfitters will post $1.52 EPS for the current year.

A number of equities research analysts have recently issued reports on the stock. Mizuho downgraded shares of Urban Outfitters to a “hold” rating in a report on Saturday, March 11th. Oppenheimer Holdings Inc. reissued a “hold” rating on shares of Urban Outfitters in a report on Tuesday, May 16th. ValuEngine downgraded shares of Urban Outfitters from a “buy” rating to a “hold” rating in a report on Friday. Citigroup Inc downgraded shares of Urban Outfitters from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $32.00 to $23.00 in a report on Tuesday, April 4th. Finally, Bank of America Corp reissued a “buy” rating and issued a $25.00 price target (down from $30.00) on shares of Urban Outfitters in a report on Wednesday, May 17th. Three research analysts have rated the stock with a sell rating, twenty have given a hold rating and nine have assigned a buy rating to the stock. Urban Outfitters currently has an average rating of “Hold” and a consensus price target of $27.88. 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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:URBN”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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