Christopher & Banks Corporation (CBK) Getting Somewhat Favorable Press Coverage, Study Shows
News articles about Christopher & Banks Corporation (NYSE:CBK) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Christopher & Banks Corporation earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 45.6562091034631 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
CBK has been the topic of a number of analyst reports. Zacks Investment Research upgraded Christopher & Banks Corporation from a “sell” rating to a “buy” rating and set a $1.50 price target on the stock in a research report on Tuesday, July 25th. ValuEngine raised 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) remained flat at $$1.15 during trading hours on Tuesday. 157,666 shares of the stock traded hands, compared to its average volume of 82,803. Christopher & Banks Corporation has a 1-year low of $1.04 and a 1-year high of $2.42.
Christopher & Banks Corporation (NYSE:CBK) last announced its quarterly earnings data on Tuesday, August 29th. The specialty retailer reported ($0.20) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.22) by $0.02. The company had revenue of $86.60 million for the quarter, compared to the consensus estimate of $87.18 million. Christopher & Banks Corporation had a negative return on equity of 34.64% and a negative net margin of 6.90%. The firm’s revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.11) EPS. equities research analysts anticipate that Christopher & Banks Corporation will post -0.48 EPS for the current year.
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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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