Coldwater Creek Sets New 1-Year Low at $2.02 (CWTR)
Coldwater Creek (NASDAQ:CWTR) set a new 52-week low during trading on Wednesday, AnalystRatingsNetwork reports. The stock traded as low as $2.02 and last traded at $2.02, with a volume of 1,977,366 shares. The stock had previously closed at $2.74.
CWTR has been the subject of a number of recent research reports. Analysts at Piper Jaffray Cos. downgraded shares of Coldwater Creek (NASDAQ:CWTR) from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday. They now have a $5.00 price target on the stock, down previously from $9.00. Separately, analysts at Thomson Reuters/Verus upgraded shares of Coldwater Creek (NASDAQ:CWTR) from a “sell” rating to a “hold” rating in a research note to investors on Monday, July 15th. Finally, analysts at Thomson Reuters/Verus downgraded shares of Coldwater Creek (NASDAQ:CWTR) from a “hold” rating to a “sell” rating in a research note to investors on Monday, July 1st.
Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $4.38.
Coldwater Creek has a one year low of $1.91 and a one year high of $5.85. The stock’s 50-day moving average is $2.52 and its 200-day moving average is $2.99. The company’s market cap is $58.7 million.
Coldwater Creek (NASDAQ:CWTR) last posted its quarterly earnings results on Tuesday, September 10th. The company reported ($0.72) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.63) by $0.09. The company had revenue of $149.70 million for the quarter, compared to the consensus estimate of $162.81 million. During the same quarter in the prior year, the company posted ($0.14) earnings per share. The company’s quarterly revenue was down 8.6% on a year-over-year basis. Analysts expect that Coldwater Creek will post $-2.12 EPS for the current fiscal year.
Coldwater Creek Inc (NASDAQ:CWTR) is a national specialty retailer of women’s apparel, accessories, jewelry and gift items sold under the Coldwater Creek brand.
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