Somewhat Positive Press Coverage Somewhat Unlikely to Impact Buckle, Inc. (The) (BKE) Share Price
News coverage about Buckle, Inc. (The) (NYSE:BKE) has trended somewhat positive on Sunday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Buckle, Inc. (The) earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.8373298841913 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Comparing Buckle, Inc. (The) (BKE) & Its Competitors (americanbankingnews.com)
- BKE Makes Bullish Cross Above Critical Moving Average (thestreet.com)
- The Buckle, Inc. Reports October 2017 Net Sales (finance.yahoo.com)
- Buckle, Inc. (The)’s October Same Store Sales Numbers Miss Analysts’ Expectations, Stock Rises by 5.8% (NYSE:BKE) (americanbankingnews.com)
- Buckle, Inc. (The) (BKE) Lifted to “Buy” at Zacks Investment Research (americanbankingnews.com)
Several analysts have recently weighed in on the company. ValuEngine cut Buckle, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, August 7th. BidaskClub cut Buckle, Inc. (The) from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Deutsche Bank AG reiterated a “sell” rating and issued a $15.00 target price on shares of Buckle, Inc. (The) in a report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded Buckle, Inc. (The) from a “sell” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Wednesday.
Shares of Buckle, Inc. (NYSE BKE) remained flat at $$17.75 during mid-day trading on Friday. 381,578 shares of the company were exchanged, compared to its average volume of 382,537. Buckle, Inc. has a 52 week low of $13.50 and a 52 week high of $27.10. The firm has a market capitalization of $867.00, a P/E ratio of 9.86 and a beta of 0.94.
Buckle, Inc. (The) (NYSE:BKE) last announced its earnings results on Thursday, August 17th. The company reported $0.24 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.01. Buckle, Inc. (The) had a return on equity of 19.96% and a net margin of 9.40%. The business had revenue of $195.65 million for the quarter, compared to analysts’ expectations of $195.97 million. During the same period in the prior year, the business posted $0.32 earnings per share. The firm’s revenue was down 7.8% on a year-over-year basis. equities analysts anticipate that Buckle, Inc. will post 1.63 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, October 27th. Investors of record on Friday, October 13th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 5.63%. The ex-dividend date was Thursday, October 12th. Buckle, Inc. (The)’s payout ratio is presently 55.56%.
In related news, VP Kyle Hanson sold 4,100 shares of the company’s stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $15.95, for a total value of $65,395.00. Following the sale, the vice president now directly owns 24,900 shares in the company, valued at $397,155. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 41.70% of the company’s stock.
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About Buckle, Inc. (The)
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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