Somewhat Positive Media Coverage Somewhat Unlikely to Affect Rocky Brands (RCKY) Share Price

News headlines about Rocky Brands (NASDAQ:RCKY) have trended somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Rocky Brands earned a news impact score of 0.18 on Accern’s scale. Accern also gave press coverage about the textile maker an impact score of 46.3710287297373 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s analysis:

Several equities analysts recently weighed in on the stock. TheStreet upgraded shares of Rocky Brands from a “c” rating to a “b-” rating in a report on Tuesday, July 25th. Zacks Investment Research lowered shares of Rocky Brands from a “strong-buy” rating to a “hold” rating in a report on Thursday, June 22nd. Finally, ValuEngine upgraded shares of Rocky Brands from a “hold” rating to a “buy” rating in a report on Wednesday, August 2nd.

Rocky Brands (RCKY) traded up 2.875% during trading on Friday, hitting $13.775. 12,141 shares of the company traded hands. The firm has a market cap of $102.57 million, a P/E ratio of 37.129 and a beta of 0.56. Rocky Brands has a one year low of $9.95 and a one year high of $15.70. The firm has a 50 day moving average of $13.46 and a 200 day moving average of $12.78.

Rocky Brands (NASDAQ:RCKY) last released its quarterly earnings data on Tuesday, July 25th. The textile maker reported $0.20 EPS for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.18. Rocky Brands had a net margin of 1.06% and a return on equity of 4.02%. The firm had revenue of $58.46 million during the quarter, compared to analysts’ expectations of $61.70 million. On average, analysts expect that Rocky Brands will post $0.90 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 11th. Shareholders of record on Tuesday, August 29th will be given a dividend of $0.11 per share. The ex-dividend date is Friday, August 25th. This represents a $0.44 dividend on an annualized basis and a yield of 3.19%. Rocky Brands’s dividend payout ratio (DPR) is 118.92%.

WARNING: “Somewhat Positive Media Coverage Somewhat Unlikely to Affect Rocky Brands (RCKY) Share Price” was published by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this piece on another site, it was stolen and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://stocknewstimes.com/2017/08/26/somewhat-positive-media-coverage-somewhat-unlikely-to-affect-rocky-brands-rcky-share-price.html.

About Rocky Brands

Rocky Brands, Inc is a designer, manufacturer and marketer of footwear and apparel marketed under a portfolio of brand names, including Rocky, Georgia Boot, Durango, Lehigh, Creative Recreation and the licensed brand Michelin. The Company operates its business through three segments: wholesale, retail and military.

Insider Buying and Selling by Quarter for Rocky Brands (NASDAQ:RCKY)

Receive News & Ratings for Rocky Brands Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rocky Brands Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply