ValuEngine upgraded shares of Buckle (NYSE:BKE) from a sell rating to a hold rating in a research note released on Friday morning, ValuEngine reports.

A number of other research firms have also recently commented on BKE. Zacks Investment Research cut ExlService from a hold rating to a sell rating in a research note on Wednesday, July 10th. TheStreet cut WESCO International from a b- rating to a c+ rating in a research note on Friday, May 24th.

BKE opened at $19.14 on Friday. The company has a market capitalization of $963.92 million, a PE ratio of 9.72 and a beta of 0.74. The company has a current ratio of 2.30, a quick ratio of 1.58 and a debt-to-equity ratio of 0.75. Buckle has a 52 week low of $14.81 and a 52 week high of $29.65. The company has a fifty day moving average price of $16.73.

Buckle (NYSE:BKE) last released its earnings results on Friday, May 24th. The company reported $0.31 EPS for the quarter, missing the Zacks’ consensus estimate of $0.36 by ($0.05). The firm had revenue of $201.31 million during the quarter, compared to the consensus estimate of $200.93 million. Buckle had a net margin of 10.47% and a return on equity of 22.96%. The firm’s revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.38 EPS. As a group, equities research analysts predict that Buckle will post 1.8 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 26th. Stockholders of record on Friday, July 12th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, July 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.22%. Buckle’s dividend payout ratio (DPR) is currently 50.76%.

In other news, Director Robert Erle Campbell sold 2,000 shares of the firm’s stock in a transaction dated Thursday, April 18th. The stock was sold at an average price of $19.00, for a total transaction of $38,000.00. Following the transaction, the director now directly owns 30,464 shares of the company’s stock, valued at $578,816. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 41.80% of the stock is currently owned by company insiders.

Several institutional investors have recently bought and sold shares of BKE. Morris Capital Advisors LLC bought a new stake in shares of Buckle during the second quarter valued at approximately $176,000. Metropolitan Life Insurance Co. NY increased its position in shares of Buckle by 465.5% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,457 shares of the company’s stock valued at $202,000 after acquiring an additional 8,608 shares in the last quarter. Oregon Public Employees Retirement Fund bought a new stake in shares of Buckle during the fourth quarter valued at approximately $209,000. 6 Meridian bought a new stake in shares of Buckle during the first quarter valued at approximately $212,000. Finally, Squarepoint Ops LLC bought a new stake in shares of Buckle during the fourth quarter valued at approximately $226,000. Institutional investors own 67.09% of the company’s stock.

Buckle Company Profile

The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.

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