Stock To Watch: Cherokee Inc. (NASDAQ:CHKE)


The leading market experts have placed a mean price target of $22.33 on Cherokee Inc. (NASDAQ:CHKE) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.17 a share for the upcoming quarter and $0.74 for the current fiscal.

Technical View

The technical analysis of Cherokee Inc. plainly substantiates that the 50-day moving average of Cherokee Inc. is $11.15, and stock is trading $-0.14 points away or -1.30% from its 50-day moving average of $11.15. Further it is trading $-3.08 or -21.85% away its 200-day moving average of $14.09. Cherokee Inc. (NASDAQ:CHKE) 52-week high is $25.02 and the 52-week low is $10.21.

This explains if the stock moves $-14.01, it will post a 52-week high. In event of +7.84% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Cherokee Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Cherokee Inc. (NASDAQ:CHKE) ratio came in at 13.23.

The stock last ended the trading session at $11.01 and registered a market cap of $96.01M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Cherokee Inc. (NASDAQ:CHKE) PEG ratio is at 1.00.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 14 times, 1 visits today)