Cherokee (CHKE) Given Daily Coverage Optimism Rating of 0.09
News coverage about Cherokee (NASDAQ:CHKE) has trended somewhat positive this week, Accern reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Cherokee earned a news sentiment score of 0.09 on Accern’s scale. Accern also gave media stories about the company an impact score of 46.8903335316801 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment’s analysis:
- ETFs with exposure to Cherokee, Inc. : September 13, 2017 (finance.yahoo.com)
- Cherokee, Inc. :CHKE-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017 (finance.yahoo.com)
- Edited Transcript of CHKE earnings conference call or presentation 7-Sep-17 8:30pm GMT (finance.yahoo.com)
- EARNINGS SUMMARY: Details of Cherokee Inc. Q2 Earnings Report (rttnews.com)
- Cherokee Q2 18 Earnings Conference Call At 4: 30 PM ET (nasdaq.com)
Shares of Cherokee (NASDAQ:CHKE) traded up 2.113% during mid-day trading on Wednesday, hitting $3.625. The company had a trading volume of 104,245 shares. The firm’s market capitalization is $47.13 million. Cherokee has a 12 month low of $3.50 and a 12 month high of $11.87. The firm has a 50-day moving average price of $4.56 and a 200 day moving average price of $7.04.
Cherokee (NASDAQ:CHKE) last issued its quarterly earnings data on Thursday, September 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.06). The firm had revenue of $14.00 million for the quarter, compared to analyst estimates of $7.81 million. Cherokee had a positive return on equity of 1.52% and a negative net margin of 42.78%. The business’s revenue for the quarter was up 64.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.22 earnings per share. On average, equities research analysts forecast that Cherokee will post $0.32 earnings per share for the current fiscal year.
Several brokerages recently commented on CHKE. B. Riley reiterated a “neutral” rating and set a $9.00 price target on shares of Cherokee in a research report on Wednesday, May 17th. Zacks Investment Research upgraded Cherokee from a “hold” rating to a “strong-buy” rating and set a $11.00 price target for the company in a research report on Tuesday, May 16th. Roth Capital dropped their price target on Cherokee from $18.00 to $10.00 and set a “buy” rating for the company in a research report on Monday, August 21st. FBR & Co reiterated a “buy” rating and set a $8.00 price target on shares of Cherokee in a research report on Wednesday, September 6th. Finally, ValuEngine upgraded Cherokee from a “hold” rating to a “buy” rating in a research report on Thursday, June 1st. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. Cherokee presently has an average rating of “Hold” and a consensus price target of $8.06.
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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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