A number of research firms have changed their ratings and price targets for Buckle, Inc. (The) (NYSE: BKE):
- 8/18/2017 - Buckle, Inc. (The) had its price target lowered by analysts at Deutsche Bank AG from $15.00 to $13.00. They now have a “sell” rating on the stock.
- 8/14/2017 - Buckle, Inc. (The) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
- 8/7/2017 - Buckle, Inc. (The) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
- 8/3/2017 - Buckle, Inc. (The) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
- 8/2/2017 - Buckle, Inc. (The) had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $15.00 price target on the stock.
- 7/27/2017 - Buckle, Inc. (The) was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
- 7/25/2017 - Buckle, Inc. (The) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
- 7/5/2017 - Buckle, Inc. (The) was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Buckle, Inc. is a retailer of medium to better-priced casual apparel for young men and women. The company markets a wide selection of mostly brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear. They emphasize personalized attention to their customers and provides individual customer services such as free alterations, free gift-wrapping, easy layaways and a frequent shopper program. Most stores are located in regional, high-traffic shopping malls, and this is their strategy for future expansion. “
- 7/4/2017 - Buckle, Inc. (The) was upgraded by analysts at Deutsche Bank AG from a “sell” rating to a “hold” rating. They now have a $16.00 price target on the stock, up previously from $15.00.
- 6/22/2017 - Buckle, Inc. (The) had its “sell” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $15.00 price target on the stock, down previously from $16.00.
Shares of Buckle, Inc. (NYSE BKE) traded down 1.232% during mid-day trading on Friday, hitting $14.025. The company had a trading volume of 637,552 shares. The stock has a market cap of $676.26 million, a price-to-earnings ratio of 7.421 and a beta of 0.89. The stock’s 50-day moving average is $16.58 and its 200-day moving average is $18.03. Buckle, Inc. has a 52-week low of $13.50 and a 52-week high of $28.67.
Buckle, Inc. (The) (NYSE:BKE) last announced its quarterly earnings data on Thursday, August 17th. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.01. The firm had revenue of $195.65 million during the quarter, compared to analyst estimates of $195.97 million. Buckle, Inc. (The) had a return on equity of 20.95% and a net margin of 9.66%. Buckle, Inc. (The)’s quarterly revenue was down 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.32 earnings per share. Equities analysts forecast that Buckle, Inc. will post $1.66 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, July 26th. Stockholders of record on Friday, July 14th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 7.04%. The ex-dividend date of this dividend was Wednesday, July 12th. Buckle, Inc. (The)’s dividend payout ratio (DPR) is presently 53.19%.
The Buckle, Inc is a retailer of casual apparel, footwear and accessories for young men and women. As of January 28, 2017, the Company operated 467 retail stores in 44 states throughout the United States under the names Buckle and The Buckle. The Company markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories and footwear.
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