The stock of Cherokee Inc (NASDAQ:CHKE) earned "Buy" rating by Brean Capital on Wednesday, September 2. Zacks Investment Research downgraded Cherokee from a "hold" rating to a "sell" rating in a report on Monday, March 13th. The firm has "Buy" rating by Roth Capital given on Thursday, September 17.
Among 5 analysts covering Cherokee (NASDAQ:CHKE), 4 have Buy rating, 0 Sell and 1 Hold. Roth Capital maintained it with "Buy" rating and $20 target in Thursday, September 17 report. 524,238 shares of the stock traded hands. The stock's market capitalization is $100.37 million. The firm's 50-day moving average is $8.44 and its 200-day moving average is $9.13. Cherokee has a 12-month low of $6.55 and a 12-month high of $13.17. New York-based Citigroup has invested 0% in Cherokee Inc (NASDAQ:CHKE). The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by $0.20, RTT News reports. Out of 5 Wall Street analysts rating Cherokee, 4 give it "Buy", 0 "Sell" rating, while 1 recommend "Hold". Cherokee had a negative net margin of 19.51% and a positive return on equity of 14.10%. The firm had revenue of $8.40 million for the quarter, compared to the consensus estimate of $6.86 million. Tower Cap Limited Company (Trc) holds 0.01% of its portfolio in Cherokee Inc (NASDAQ:CHKE) for 7,851 shares.
A number of equities research analysts have recently issued reports on CHKE shares.
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China's SAIC to set up auto plant in Gujarat
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Brokerages expect Cherokee Inc. The transaction was disclosed in a document filed with the SEC, which is available at this link.
Large investors have recently added to or reduced their stakes in the company. Trellus Management Company LLC boosted its position in shares of Cherokee by 203.2% in the first quarter. Mcrae Capital Management Inc acquired 2,895 shares as Laboratory Corp Amer Hldgs (LH)'s stock declined 0.17%. Finally, Oxford Asset Management boosted its position in shares of Cherokee by 185.8% in the fourth quarter. Renaissance Technologies LLC now owns 605,030 shares of the company's stock valued at $6,353,000 after buying an additional 31,255 shares during the period. Dynamic Technology Lab Private Ltd now owns 21,500 shares of the company's stock valued at $226,000 after buying an additional 1,747 shares during the last quarter.
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.