Christopher & Banks Corporation (CBK) Getting Somewhat Positive News Coverage, Report Finds
News stories about Christopher & Banks Corporation (NYSE:CBK) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Christopher & Banks Corporation earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media coverage about the specialty retailer an impact score of 45.7838751128851 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Several analysts have issued reports on CBK shares. Zacks Investment Research raised shares of Christopher & Banks Corporation from a “sell” rating to a “buy” rating and set a $1.50 price objective for the company in a research note on Tuesday, July 25th. ValuEngine raised shares of Christopher & Banks Corporation from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 16th.
Shares of Christopher & Banks Corporation (NYSE:CBK) traded down 2.21% during mid-day trading on Thursday, reaching $1.33. 45,272 shares of the company’s stock traded hands. The stock’s market capitalization is $50.35 million. The company’s 50-day moving average price is $1.41 and its 200-day moving average price is $1.33. Christopher & Banks Corporation has a 12-month low of $1.04 and a 12-month high of $2.42.
Christopher & Banks Corporation (NYSE:CBK) last issued its quarterly earnings data on Tuesday, August 29th. The specialty retailer reported ($0.20) EPS for the quarter, topping the consensus estimate of ($0.22) by $0.02. Christopher & Banks Corporation had a negative net margin of 6.90% and a negative return on equity of 34.64%. The firm had revenue of $86.60 million for the quarter, compared to analyst estimates of $87.18 million. During the same period in the prior year, the business posted ($0.11) EPS. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. Analysts anticipate that Christopher & Banks Corporation will post ($0.48) earnings per share for the current year.
About Christopher & Banks Corporation
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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