Christopher & Banks Corporation (CBK) Earning Somewhat Favorable Media Coverage, Analysis Finds
News headlines about Christopher & Banks Corporation (NYSE:CBK) have trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Christopher & Banks Corporation earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news articles about the specialty retailer an impact score of 45.9944423456433 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
A number of brokerages have weighed in on CBK. ValuEngine upgraded Christopher & Banks Corporation from a “strong sell” rating to a “sell” rating in a report 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.
Christopher & Banks Corporation (NYSE CBK) traded down 3.55% during mid-day trading on Friday, hitting $1.36. 63,388 shares of the stock traded hands. Christopher & Banks Corporation has a 1-year low of $1.04 and a 1-year high of $2.42. The company has a 50-day moving average of $1.41 and a 200 day moving average of $1.32. The firm’s market capitalization is $51.48 million.
Christopher & Banks Corporation (NYSE:CBK) last announced its earnings results on Tuesday, August 29th. The specialty retailer reported ($0.20) EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $86.60 million during the quarter, compared to the consensus estimate of $87.18 million. During the same quarter in the prior year, the company earned ($0.11) earnings per share. The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. On average, 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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