News coverage about Cherokee (NASDAQ:CHKE) has trended somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cherokee earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.7834142519883 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news headlines that may have effected Accern Sentiment’s rankings:
- CHEROKEE : MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (form 10-Q) (4-traders.com)
- The Financial Advisors Network Inc. Has $432000 Position in Wells Fargo & Company (currenthollywood.com)
- Maxim Integrated Products Inc (expressnewsline.com)
- Cherokee Global Brands Appoints Kimberly Doyle, Director of Financial Reporting and Internal Controls (finance.yahoo.com)
- Leucadia National Corporation (LUK) Stake Maintained by Wedbush Securities Inc (iphonefresh.com)
A number of equities research analysts have issued reports on CHKE shares. B. Riley restated a “neutral” rating and set a $9.00 price target on shares of Cherokee in a research note on Friday, May 12th. Roth Capital set a $18.00 price objective on Cherokee and gave the company a “buy” rating in a research note on Saturday, May 13th. Zacks Investment Research upgraded Cherokee from a “sell” rating to a “hold” rating in a research note on Wednesday, May 10th. FBR & Co reiterated an “outperform” rating and set a $8.00 price objective on shares of Cherokee in a research note on Tuesday, July 11th. Finally, ValuEngine upgraded Cherokee from a “hold” rating to a “buy” rating in a research note on Thursday, June 1st. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. Cherokee has a consensus rating of “Buy” and an average price target of $11.65.
Shares of Cherokee (NASDAQ:CHKE) traded down 1.12% on Friday, hitting $4.40. The company had a trading volume of 57,534 shares. The company’s market capitalization is $56.98 million. The stock’s 50-day moving average is $5.26 and its 200 day moving average is $7.63. Cherokee has a 52 week low of $4.05 and a 52 week high of $11.87.
Cherokee (NASDAQ:CHKE) last announced its quarterly earnings results on Thursday, July 6th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.20. The company had revenue of $6.80 million for the quarter, compared to analysts’ expectations of $9.25 million. Cherokee had a negative net margin of 33.53% and a positive return on equity of 6.32%. The firm’s revenue was down 36.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.34 earnings per share. Equities analysts expect that Cherokee will post $0.70 EPS for the current year.
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Cherokee Company Profile
Cherokee Inc is a marketer and manager of a portfolio of fashion and lifestyle brands it owns or represents, licensing the Cherokee, Liz Lange, Completely Me by Liz Lange, Hawk, Tony Hawk, Sideout, Carole Little, Everyday California , Flip Flop Shops and ale by alessandra brands and related brands in various consumer product categories and sectors.
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