Rocky Brands (RCKY) Given Daily Media Sentiment Rating of 0.18
Media stories about Rocky Brands (NASDAQ:RCKY) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 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 assigned media coverage about the textile maker an impact score of 44.9934513883794 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Rocky Brands (NASDAQ RCKY) traded down 0.0007% during mid-day trading on Tuesday, hitting $13.5999. 30,839 shares of the stock traded hands. The stock has a market cap of $101.26 million, a PE ratio of 36.6574 and a beta of 0.58. The stock has a 50-day moving average of $13.61 and a 200 day moving average of $13.03. Rocky Brands has a one year low of $9.95 and a one year high of $15.70.
Rocky Brands (NASDAQ:RCKY) last released its earnings results on Tuesday, July 25th. The textile maker reported $0.20 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.18. The company had revenue of $58.46 million during the quarter, compared to analysts’ expectations of $61.70 million. Rocky Brands had a return on equity of 4.02% and a net margin of 1.06%. Equities analysts predict that Rocky Brands will post $0.90 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Monday, September 11th. Stockholders of record on Tuesday, August 29th were paid a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 3.24%. The ex-dividend date of this dividend was Friday, August 25th. Rocky Brands’s dividend payout ratio (DPR) is currently 118.92%.
A number of brokerages recently issued reports on RCKY. ValuEngine upgraded shares of Rocky Brands from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Zacks Investment Research upgraded shares of Rocky Brands from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Friday, July 28th. TheStreet upgraded shares of Rocky Brands from a “c” rating to a “b-” rating in a research report on Tuesday, July 25th. Finally, Robert W. Baird restated a “hold” rating and set a $13.00 price objective on shares of Rocky Brands in a research report on Sunday, September 3rd. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $14.00.
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In other Rocky Brands news, Director Robert Burton Jr. Moore bought 5,000 shares of Rocky Brands stock in a transaction dated Friday, August 25th. The stock was bought at an average cost of $13.80 per share, for a total transaction of $69,000.00. Following the purchase, the director now owns 13,619 shares in the company, valued at approximately $187,942.20. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Corporate insiders own 8.50% of the company’s stock.
Rocky Brands Company Profile
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.
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