Buckle, Inc. (The) (BKE) to Release Quarterly Earnings on Friday
Buckle, Inc. (The) (NYSE:BKE) will be announcing its earnings results before the market opens on Friday, August 18th. Analysts expect the company to announce earnings of $0.25 per share for the quarter.
Buckle, Inc. (The) (NYSE:BKE) last announced its quarterly earnings data on Thursday, May 18th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.02. Buckle, Inc. (The) had a return on equity of 20.95% and a net margin of 9.66%. The firm had revenue of $212.20 million for the quarter, compared to analysts’ expectations of $216.42 million. During the same period last year, the firm earned $0.48 earnings per share. The company’s revenue for the quarter was down 12.9% compared to the same quarter last year. On average, analysts expect Buckle, Inc. (The) to post $1.68 EPS for the current fiscal year and $1.54 EPS for the next fiscal year.
Buckle, Inc. (NYSE:BKE) opened at 15.60 on Friday. The stock’s 50 day moving average price is $16.91 and its 200-day moving average price is $18.26. The company has a market capitalization of $752.20 million, a PE ratio of 8.25 and a beta of 0.89. Buckle, Inc. has a 52 week low of $15.50 and a 52 week high of $28.67.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 26th. Stockholders of record on Friday, July 14th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 6.41%. The ex-dividend date of this dividend was Wednesday, July 12th. Buckle, Inc. (The)’s dividend payout ratio is 53.19%.
Several analysts have recently issued reports on the stock. ValuEngine upgraded shares of Buckle, Inc. (The) from a “hold” rating to a “buy” rating in a research report on Saturday, May 20th. BidaskClub cut shares of Buckle, Inc. (The) from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Zacks Investment Research upgraded shares of Buckle, Inc. (The) from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research report on Friday, June 2nd. Finally, Deutsche Bank AG restated a “sell” rating and set a $15.00 target price on shares of Buckle, Inc. (The) in a research report on Wednesday, August 2nd. Two investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. Buckle, Inc. (The) has a consensus rating of “Hold” and a consensus target price of $18.67.
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.
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