Buckle, Inc. (NYSE: BKE) closed the day trading at $38.38 down -5.00% from the previous closing price of $40.40. In other words, the price has decreased by -$2.02 from its previous closing price. On the day, 590293 shares were traded.
Ratios:
For a better understanding of BKE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.94. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.44.
On April 10, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $37.
On December 14, 2021, Sidoti started tracking the stock assigning a Buy rating and target price of $60.Sidoti initiated its Buy rating on December 14, 2021, with a $60 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 21 ’24 when NELSON DENNIS H sold 125 shares for $39.65 per share. The transaction valued at 4,956 led to the insider holds 645 shares of the business.
NELSON DENNIS H sold 100 shares of BKE for $3,940 on Feb 20 ’24. The President & CEO now owns 770 shares after completing the transaction at $39.40 per share. On Nov 20 ’23, another insider, MOLCZYK KELLI D, who serves as the SVP Women’s Merchandising of the company, bought 715 shares for $37.13 each. As a result, the insider paid 26,546 and bolstered with 85,163 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BKE now has a Market Capitalization of 1.94B and an Enterprise Value of 1.89B. As of this moment, Buckle,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.39, and their Forward P/E ratio for the next fiscal year is 9.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 4.08. Its current Enterprise Value per Revenue stands at 1.47 whereas that against EBITDA is 6.20.
Stock Price History:
Over the past 52 weeks, BKE has reached a high of $45.40, while it has fallen to a 52-week low of $28.45. The 50-Day Moving Average of the stock is 40.59, while the 200-Day Moving Average is calculated to be 36.69.
Shares Statistics:
Over the past 3-months, BKE traded about 494.14K shares per day on average, while over the past 10 days, BKE traded about 306.66k shares per day. A total of 50.09M shares are outstanding, with a floating share count of 30.21M. Insiders hold about 40.11% of the company’s shares, while institutions hold 57.18% stake in the company. Shares short for BKE as of Feb 15, 2024 were 2.94M with a Short Ratio of 5.94, compared to 3.19M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.82% and a Short% of Float of 11.47%.
Dividends & Splits
BKE’s forward annual dividend rate is 1.34, up from 1.40 a year ago. Against a Trailing Annual Dividend Yield of 3.47%, it implies a Forward Annual Dividend Yield of 3.65%. The stock’s 5-year Average Dividend Yield is 3.91. The current Payout Ratio is 27.29% for BKE, which recently paid a dividend on Jan 26, 2024 with an ex-dividend date of Jan 11, 2024. Stock splits for the company last occurred on Jan 13, 2014 when the company split stock in a 10241:10000 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 2 analysts. On average, analysts expect EPS of $1.44 for the current quarter, with a high estimate of $1.44 and a low estimate of $1.44, while EPS last year was $1.76. The consensus estimate for the next quarter is $0.77, with high estimates of $0.77 and low estimates of $0.77.
Analysts are recommending an EPS of between $4.25 and $4.25 for the fiscal current year, implying an average EPS of $4.25. EPS for the following year is $3.9, with 1 analysts recommending between $3.9 and $3.9.
Revenue Estimates
2 analysts predict $383.63M in revenue for the current quarter. It ranges from a high estimate of $384.9M to a low estimate of $382.37M. As of the current estimate, Buckle, Inc.’s year-ago sales were $401.81M, an estimated decrease of -4.50% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for BKE’s current fiscal year. The highest revenue estimate was $1.26B, while the lowest revenue estimate was $1.26B, resulting in an average revenue estimate of $1.26B. In the same quarter a year ago, actual revenue was $1.35B, down -6.20% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $1.21B in the next fiscal year. The high estimate is $1.21B and the low estimate is $1.21B. The average revenue growth estimate for next year is down -3.80% from the average revenue estimate for this year.
