Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Christopher & Banks Corporation (CBK) Stock Price
Media coverage about Christopher & Banks Corporation (NYSE:CBK) has been trending somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Christopher & Banks Corporation earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the specialty retailer an impact score of 47.2885028725531 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- CHRISTOPHER & BANKS CORP : Change in Directors or Principal Officers, Financial Statements and Exhibits (form 8-K) (4-traders.com)
- Pro-Trader Daily: Earnings Review and Free Research Report: Christopher & Banks Announced Q2 Results (finanznachrichten.de)
- Analyzing Christopher & Banks Corporation (CBK) and Cato Corporation (The) (CATO) (americanbankingnews.com)
Christopher & Banks Corporation (CBK) traded down 0.1258% during mid-day trading on Monday, hitting $1.5081. The stock had a trading volume of 93,096 shares. The stock’s market cap is $57.09 million. Christopher & Banks Corporation has a 12 month low of $1.04 and a 12 month high of $2.42. The stock’s 50-day moving average price is $1.41 and its 200-day moving average price is $1.32.
Christopher & Banks Corporation (NYSE:CBK) last released its quarterly earnings data on Tuesday, August 29th. The specialty retailer reported ($0.20) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.22) by $0.02. Christopher & Banks Corporation had a negative return on equity of 34.64% and a negative net margin of 6.90%. The business had revenue of $86.60 million for the quarter, compared to the consensus estimate of $87.18 million. During the same quarter in the previous year, the company posted ($0.11) EPS. The company’s revenue was down 3.7% compared to the same quarter last year. On average, analysts predict that Christopher & Banks Corporation will post ($0.48) earnings per share for the current year.
Several analysts have issued reports on the company. ValuEngine raised Christopher & Banks Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 16th. Zacks Investment Research lowered Christopher & Banks Corporation from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th.
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Christopher & Banks Corporation Company Profile
Christopher & Banks Corporation is a national specialty retailer featuring private-brand women’s apparel and accessories. The Company offers its customers an assortment of clothing for everyday needs. Its merchandise assortments include designs of women’s apparel, generally consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite and women sizes.
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