Somewhat Favorable News Coverage Somewhat Unlikely to Affect Buckle (BKE) Stock Price
News articles about Buckle (NYSE:BKE) have been trending somewhat positive recently, Accern Sentiment Analysis reports. 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 positive one, with scores closest to one being the most favorable. Buckle earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.8292276922531 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s analysis:
- ETFs with exposure to The Buckle, Inc. : December 25, 2017 (finance.yahoo.com)
- Comparing Tilly's (TLYS) & Buckle (BKE) (americanbankingnews.com)
- FedEx Q2 2018 Earnings: Shares Soar On Stellar Earnings; Company Raises Guidance (nismagazine.com)
- Should You Get Rid of Ascena Retail Group (ASNA) Now? (zacks.com)
A number of analysts recently commented on BKE shares. ValuEngine raised Buckle from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Zacks Investment Research raised Buckle from a “sell” rating to a “buy” rating and set a $18.00 price target for the company in a research note on Wednesday, November 1st.
Shares of Buckle (NYSE:BKE) opened at $24.65 on Wednesday. Buckle has a 52 week low of $13.50 and a 52 week high of $25.00. The company has a market capitalization of $1,167.31, a price-to-earnings ratio of 14.25 and a beta of 1.10.
Buckle (NYSE:BKE) last announced its quarterly earnings results on Friday, November 17th. The company reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.01. Buckle had a return on equity of 19.13% and a net margin of 9.17%. The company had revenue of $224.30 million during the quarter, compared to analyst estimates of $224.12 million. During the same quarter last year, the firm posted $0.49 earnings per share. The firm’s revenue was down 6.2% on a year-over-year basis. analysts predict that Buckle will post 1.7 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 26th. Shareholders of record on Friday, January 12th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $1.00 dividend on an annualized basis and a yield of 4.06%. Buckle’s dividend payout ratio (DPR) is 57.80%.
In other Buckle news, SVP Brett P. Milkie sold 1,500 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $21.02, for a total value of $31,530.00. Following the completion of the transaction, the senior vice president now owns 32,070 shares in the company, valued at $674,111.40. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Kyle Hanson sold 4,100 shares of the stock in a transaction 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 completion of the transaction, the vice president now owns 24,900 shares of the company’s stock, valued at approximately $397,155. The disclosure for this sale can be found here. In the last quarter, insiders sold 7,600 shares of company stock valued at $138,925. 41.70% of the stock is owned by corporate insiders.
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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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