Media stories about Cherokee (NASDAQ:CHKE) have trended somewhat positive on Monday, according to Accern Sentiment. The research group ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cherokee earned a coverage optimism score of 0.04 on Accern’s scale. Accern also gave media stories about the company an impact score of 48.0770691063571 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of analysts recently issued reports on CHKE shares. Zacks Investment Research upgraded shares of Cherokee from a “hold” rating to a “buy” rating and set a $0.75 price objective for the company in a report on Tuesday, May 1st. Roth Capital set a $2.00 price objective on shares of Cherokee and gave the stock a “buy” rating in a report on Sunday, April 22nd. Finally, ValuEngine upgraded shares of Cherokee from a “sell” rating to a “hold” rating in a report on Monday, April 2nd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $4.94.
Cherokee traded down $0.02, reaching $0.78, during trading hours on Monday, according to Marketbeat.com. 25,400 shares of the company were exchanged, compared to its average volume of 58,295. Cherokee has a 1 year low of $0.84 and a 1 year high of $0.84. The company has a market capitalization of $11.20 million, a PE ratio of -1.10 and a beta of 1.03.
Cherokee (NASDAQ:CHKE) last posted its quarterly earnings data on Thursday, April 19th. The company reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.47). Cherokee had a negative return on equity of 13.63% and a negative net margin of 130.24%. The company had revenue of $6.88 million for the quarter, compared to analysts’ expectations of $9.48 million.
Cherokee Inc markets, manages, and licenses fashion and lifestyle brands for apparel, footwear, home products, and accessories worldwide. It owns or represents Cherokee, Hi-Tec, Magnum, 50 Peaks, Interceptor, Hawk Signature, Tony Hawk, Liz Lange, Completely Me by Liz Lange, Flip Flop Shops, Everyday California, Carole Little, Sideout, and other brands, as well as Saint Tropez-West, Chorus Line, All That Jazz, and Sideout Sport names.
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