Buckle (BKE) Receiving Positive Media Coverage, Analysis Finds

Media coverage about Buckle (NYSE:BKE) has been trending positive on Thursday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Buckle earned a coverage optimism score of 0.38 on Accern’s scale. Accern also gave press coverage about the company an impact score of 44.4301729061472 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of Buckle (NYSE:BKE) opened at $22.35 on Thursday. Buckle has a 1-year low of $13.50 and a 1-year high of $25.11. The stock has a market cap of $1,052.53, a price-to-earnings ratio of 12.92 and a beta of 0.97.

Buckle (NYSE:BKE) last issued its earnings results on Friday, November 17th. The company reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.40 by $0.01. The business had revenue of $224.30 million for the quarter, compared to analysts’ expectations of $224.12 million. Buckle had a net margin of 9.17% and a return on equity of 19.13%. The business’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.49 EPS. equities analysts anticipate that Buckle will post 1.74 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Friday, January 12th were issued a $0.25 dividend. The ex-dividend date was Thursday, January 11th. This represents a $1.00 annualized dividend and a dividend yield of 4.47%. Buckle’s payout ratio is currently 57.80%.

A number of equities research analysts have issued reports on the stock. ValuEngine raised shares of Buckle from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Zacks Investment Research raised shares of Buckle from a “sell” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Wednesday, November 1st.

In other news, VP Diane L. Applegate sold 1,200 shares of the company’s stock in a transaction on Friday, January 19th. The shares were sold at an average price of $20.84, for a total value of $25,008.00. Following the transaction, the vice president now owns 20,500 shares of the company’s stock, valued at $427,220. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Brett P. Milkie sold 1,500 shares of the company’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $21.02, for a total transaction of $31,530.00. Following the completion of the transaction, the senior vice president now directly owns 32,070 shares in the company, valued at approximately $674,111.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,700 shares of company stock worth $98,538. Insiders own 41.70% of the company’s stock.

WARNING: This story was originally posted by Week Herald and is the property of of Week Herald. If you are reading this story on another site, it was stolen and republished in violation of U.S. & international trademark & copyright laws. The original version of this story can be viewed at https://weekherald.com/2018/02/15/buckle-bke-receiving-positive-media-coverage-analysis-finds.html.

About Buckle

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.

Insider Buying and Selling by Quarter for Buckle (NYSE:BKE)

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

Leave a Reply