Press coverage about Cherokee (NASDAQ:CHKE) has trended somewhat positive on Wednesday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Cherokee earned a daily sentiment score of 0.09 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.8547820762602 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:

Cherokee (NASDAQ:CHKE) traded down $0.05 during trading hours on Wednesday, reaching $2.00. The company had a trading volume of 121,400 shares, compared to its average volume of 107,451. Cherokee has a one year low of $1.66 and a one year high of $11.20.

Cherokee (NASDAQ:CHKE) last announced its quarterly earnings data on Wednesday, December 6th. The company reported ($0.05) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.12). The business had revenue of $11.04 million during the quarter, compared to the consensus estimate of $9.90 million. Cherokee had a negative net margin of 42.20% and a negative return on equity of 0.68%. The business’s revenue was up 69.9% compared to the same quarter last year. During the same period last year, the company earned ($0.10) EPS. equities analysts forecast that Cherokee will post -0.1 earnings per share for the current fiscal year.

Several analysts recently weighed in on CHKE shares. B. Riley restated a “buy” rating on shares of Cherokee in a report on Wednesday, November 1st. ValuEngine upgraded Cherokee from a “hold” rating to a “buy” rating in a report on Wednesday, December 6th. Zacks Investment Research upgraded Cherokee from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 28th. Roth Capital decreased their price target on Cherokee from $10.00 to $6.50 and set a “buy” rating on the stock in a report on Thursday, September 28th. Finally, FBR & Co restated a “buy” rating and set a $8.00 price target on shares of Cherokee in a report on Wednesday, September 6th. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $7.19.

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About Cherokee

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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