At the time of writing, Buckle, Inc [BKE] stock is trading at $51.65, up 0.68%. 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 0.98% over the last week, with a monthly amount drifted -2.22%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Buckle, Inc [NYSE: BKE] stock has seen the most recent analyst activity on November 12, 2024, when UBS upgraded its rating to a Neutral and also boosted its price target to $46 from $31. Previously, UBS downgraded its rating to Sell on January 05, 2024, and kept the price target unchanged to $34. On April 10, 2023, UBS initiated with a Neutral rating and assigned a price target of $37 on the stock. Sidoti started tracking the stock assigning a Buy rating and suggested a price target of $60 on December 14, 2021. Deutsche Bank downgraded its rating to a Sell and reduced its price target to $16 on March 08, 2019. Deutsche Bank upgraded its rating to Hold for this stock on November 02, 2018, but kept the price target unchanged to $19. In a note dated April 07, 2017, Deutsche Bank upgraded an Hold rating on this stock and boosted its target price from $15 to $16.
For the past year, the stock price of Buckle, Inc fluctuated between $33.22 and $53.75. Currently, Wall Street analysts expect the stock to reach $46 within the next 12 months. Buckle, Inc [NYSE: BKE] shares were valued at $51.65 at the most recent close of the market. An investor can expect a potential drop of -10.94% based on the average BKE price forecast.
Analyzing the BKE fundamentals
According to Buckle, Inc [NYSE:BKE], the company’s sales were 1.22B for trailing twelve months, which represents an -3.24% plunge. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.16%. To continue investigating profitability, this company’s Return on Assets is posted at 0.2, Equity is 0.44 and Total Capital is 0.32. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
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 50.91 points at the first support level, and at 50.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 52.54, and for the 2nd resistance point, it is at 53.42.
Ratios To Look Out For
It is important to note that Buckle, Inc [NYSE:BKE] has a current ratio of 2.37. Further, the Quick Ratio stands at 1.67, while the Cash Ratio is 1.42. Considering the valuation of this stock, the price to sales ratio is 2.15, the price to book ratio is 5.37 and price to earnings (TTM) ratio is 13.10.
Transactions by insiders
Recent insider trading involved NELSON DENNIS H, President & CEO, that happened on Jan 06 ’25 when 20453.0 shares were sold. President & CEO, NELSON DENNIS H completed a deal on Dec 17 ’24 to sell 20453.0 shares. Meanwhile, Officer Dennis Nelson bought 0.11 million shares on Dec 17 ’24.
