$0.08 EPS Expected for Cherokee Inc. (CHKE)

December 8, 2017 – By Linda Rogers

Investors sentiment increased to 1.22 in 2017 Q2. Its up 0.37, from 0.85 in 2017Q1. It is positive, as 5 investors sold Cherokee Inc. shares while 13 reduced holdings. 8 funds opened positions while 14 raised stakes. 9.75 million shares or 0.73% more from 9.68 million shares in 2017Q1 were reported.
Nationwide Fund has invested 0% in Cherokee Inc. (NASDAQ:CHKE). Perritt Cap stated it has 365,793 shares or 0.66% of all its holdings. Cove Street Capital Limited Liability Com reported 2.47M shares. Punch & Associates Invest Management, a Minnesota-based fund reported 314,050 shares. Dimensional Fund L P invested 0% in Cherokee Inc. (NASDAQ:CHKE). Hcsf Mgmt Ltd Com stated it has 8.32% of its portfolio in Cherokee Inc. (NASDAQ:CHKE). Renaissance Technology Limited holds 0% or 542,449 shares. First Wilshire Securities has invested 0.06% of its portfolio in Cherokee Inc. (NASDAQ:CHKE). Caprock Grp Inc reported 28,280 shares. Fifth Third Retail Bank has invested 0% in Cherokee Inc. (NASDAQ:CHKE). First Manhattan Co has 10,000 shares. Tower Rech Ltd Liability Co (Trc) stated it has 6,058 shares or 0% of all its holdings. Oppenheimer Asset Mngmt stated it has 0.01% in Cherokee Inc. (NASDAQ:CHKE). Wells Fargo And Mn has invested 0% in Cherokee Inc. (NASDAQ:CHKE). Royal Bancshares Of Canada owns 3,263 shares for 0% of their portfolio.

Analysts expect Cherokee Inc. (NASDAQ:CHKE) to report $0.08 EPS on December, 14.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.08 EPS. CHKE’s profit would be $1.12M giving it 7.03 P/E if the $0.08 EPS is correct. After having $-0.05 EPS previously, Cherokee Inc.’s analysts see -260.00 % EPS growth. It closed at $2.25 lastly. It is down 29.62% since December 8, 2016 and is downtrending. It has underperformed by 46.32% the S&P500.

Cherokee Inc. (NASDAQ:CHKE) Ratings Coverage

Among 6 analysts covering Cherokee (NASDAQ:CHKE), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Cherokee has $33 highest and $6.5 lowest target. $16.30’s average target is 624.44% above currents $2.25 stock price. Cherokee had 13 analyst reports since August 4, 2015 according to SRatingsIntel. Roth Capital maintained Cherokee Inc. (NASDAQ:CHKE) on Thursday, September 17 with “Buy” rating. Wunderlich maintained the shares of CHKE in report on Tuesday, August 4 with “Buy” rating. The firm has “Buy” rating given on Thursday, September 28 by Roth Capital. The stock has “Neutral” rating by B. Riley & Co on Friday, March 10. The stock has “Buy” rating by Roth Capital on Sunday, August 20. The rating was maintained by Brean Capital on Wednesday, September 2 with “Buy”. TH Capital maintained the stock with “Buy” rating in Tuesday, October 20 report. The firm earned “Buy” rating on Tuesday, October 20 by Roth Capital. The firm has “Buy” rating given on Thursday, September 17 by TH Capital. Wunderlich maintained the stock with “Buy” rating in Friday, September 11 report.

Cherokee Inc. markets, manages, and licenses fashion and lifestyle brands for apparel, footwear, home products, and accessories worldwide. The company has market cap of $31.39 million. It owns or represents Cherokee, Hi-Tec, Magnum, 50 Peaks, Interceptor, Hawk Signature, Tony Hawk, Liz Lange, Completely Me by Liz Lange, Flip Flop Shops, Everyday California, Carole Little, Sideout, and other brands, as well as Saint Tropez-West, Chorus Line, All That Jazz, and Sideout Sport names. It currently has negative earnings. As of January 28, 2017, the firm had 124 continuing license agreements covering in approximately 110 countries.

More recent Cherokee Inc. (NASDAQ:CHKE) news were published by: Globenewswire.com which released: “Cherokee Global Brands Reports Third Quarter Fiscal 2018 Financial Results” on December 06, 2017. Also Globenewswire.com published the news titled: “Cherokee Global Brands Amends Credit Facility with Cerberus” on November 13, 2017. Globenewswire.com‘s news article titled: “Cherokee Global Brands to Announce Third Quarter 2018 Financial Results on …” with publication date: November 30, 2017 was also an interesting one.