ValuEngine upgraded shares of Buckle, Inc. (The) (NYSE:BKE) from a hold rating to a buy rating in a research report report published on Friday.

Several other equities research analysts also recently commented on the stock. Zacks Investment Research upgraded shares of Buckle, Inc. (The) from a hold rating to a buy rating and set a $19.00 target price on the stock in a research report on Friday, May 19th. Deutsche Bank AG reiterated a sell rating and set a $15.00 target price (down from $16.00) on shares of Buckle, Inc. (The) in a research report on Thursday, June 22nd. Finally, BidaskClub downgraded shares of Buckle, Inc. (The) from a hold rating to a sell rating in a research report on Thursday, July 27th.

Buckle, Inc. (NYSE:BKE) opened at 14.55 on Friday. The stock’s 50 day moving average is $15.73 and its 200-day moving average is $17.53. Buckle, Inc. has a 12 month low of $13.50 and a 12 month high of $27.10. The firm has a market capitalization of $701.56 million, a price-to-earnings ratio of 8.09 and a beta of 0.87.

Buckle, Inc. (The) (NYSE:BKE) last posted its earnings results on Thursday, August 17th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. Buckle, Inc. (The) had a net margin of 9.40% and a return on equity of 19.96%. The business had revenue of $195.65 million for the quarter, compared to the consensus estimate of $195.97 million. During the same period last year, the company earned $0.32 EPS. The firm’s revenue was down 7.8% compared to the same quarter last year. Equities analysts anticipate that Buckle, Inc. will post $1.61 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The correct version of this piece of content can be read at https://www.thecerbatgem.com/2017/09/05/buckle-inc-the-bke-upgraded-to-buy-at-valuengine.html.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Texas Permanent School Fund lifted its position in shares of Buckle, Inc. (The) by 0.3% in the 1st quarter. Texas Permanent School Fund now owns 20,418 shares of the company’s stock worth $380,000 after purchasing an additional 67 shares during the period. Arizona State Retirement System lifted its position in shares of Buckle, Inc. (The) by 0.7% in the 2nd quarter. Arizona State Retirement System now owns 14,779 shares of the company’s stock worth $263,000 after purchasing an additional 100 shares during the period. HighTower Advisors LLC lifted its position in shares of Buckle, Inc. (The) by 0.3% in the 2nd quarter. HighTower Advisors LLC now owns 67,280 shares of the company’s stock worth $1,197,000 after purchasing an additional 210 shares during the period. Municipal Employees Retirement System of Michigan lifted its position in shares of Buckle, Inc. (The) by 4.6% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 6,650 shares of the company’s stock worth $118,000 after purchasing an additional 290 shares during the period. Finally, Louisiana State Employees Retirement System lifted its position in shares of Buckle, Inc. (The) by 2.7% in the 1st quarter. Louisiana State Employees Retirement System now owns 11,500 shares of the company’s stock worth $214,000 after purchasing an additional 300 shares during the period. Hedge funds and other institutional investors own 59.51% of the company’s stock.

Buckle, Inc. (The) Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Stock Ratings for Buckle Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle Inc. (The) and related stocks with our FREE daily email newsletter.