At the time of writing, Buckle, Inc. [BKE] stock is trading at $41.59, up 3.59%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BKE shares have gain 9.13% over the last week, with a monthly amount glided 13.23%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Buckle, Inc. [NYSE: BKE] stock has seen the most recent analyst activity on January 05, 2024, when UBS downgraded its rating to a Sell but kept the price target unchanged to $34 for it. Previously, UBS started tracking the stock with Neutral rating on April 10, 2023, and set its price target to $37. On December 14, 2021, Sidoti initiated with a Buy rating and assigned a price target of $60 on the stock. Deutsche Bank downgraded its rating to a Sell and decreased its price target to $16 on March 08, 2019. Deutsche Bank upgraded its rating to a Hold but $19 remained the price target by the analyst firm on November 02, 2018. Deutsche Bank upgraded its rating to Hold for this stock on April 07, 2017, and upped its price target to $16. In a note dated May 09, 2016, Wolfe Research downgraded an Underperform rating on this stock but restated the target price of $23.
For the past year, the stock price of Buckle, Inc. fluctuated between $28.58 and $45.40. Currently, Wall Street analysts expect the stock to reach $32 within the next 12 months. Buckle, Inc. [NYSE: BKE] shares were valued at $41.59 at the most recent close of the market. An investor can expect a potential drop of -23.06% based on the average BKE price forecast.
Analyzing the BKE fundamentals
According to Buckle, Inc. [NYSE:BKE], the company’s sales were 1.24B for trailing twelve months, which represents an -7.20% plunge. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.23, Equity is 0.48 and Total Capital is 0.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.75.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 40.86 points at the first support level, and at 40.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.97, and for the 2nd resistance point, it is at 42.34.
Ratios To Look Out For
It is important to note that Buckle, Inc. [NYSE:BKE] has a current ratio of 2.18. Further, the Quick Ratio stands at 1.54, while the Cash Ratio is 1.3. Considering the valuation of this stock, the price to sales ratio is 1.70, the price to book ratio is 4.87 and price to earnings (TTM) ratio is 9.83.
Transactions by insiders
Recent insider trading involved Peetz John P, Director, that happened on Jul 16 ’24 when 2500.0 shares were sold. President & CEO, NELSON DENNIS H completed a deal on Feb 21 ’24 to sell 125.0 shares. Meanwhile, President & CEO NELSON DENNIS H sold 100.0 shares on Feb 20 ’24.
