A share price of Rocky Brands, Inc [RCKY] is currently trading at $21.39, up 53.33%. 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 RCKY shares have gain 59.39% over the last week, with a monthly amount glided 23.14%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Rocky Brands, Inc [NASDAQ: RCKY] stock has seen the most recent analyst activity on March 30, 2023, when B. Riley Securities initiated its Neutral rating and assigned the stock a price target of $28. On July 27, 2021, BTIG Research initiated with a Buy rating and assigned a price target of $79 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $60 on March 25, 2021. Robert W. Baird downgraded its rating to a Neutral and reduced its price target to $11 on January 22, 2016. B. Riley & Co. started tracking with a Buy rating for this stock on June 24, 2015, and assigned it a price target of $25. In a note dated May 21, 2010, Robert W. Baird upgraded an Outperform rating on this stock and revised its target price from $13 to $11.
Rocky Brands, Inc experienced fluctuations in its stock price throughout the past year between $11.93 and $40.14. Currently, Wall Street analysts expect the stock to reach $43.5 within the next 12 months. Rocky Brands, Inc [NASDAQ: RCKY] shares were valued at $21.39 at the most recent close of the market. An investor can expect a potential return of 103.37% based on the average RCKY price forecast.
Analyzing the RCKY fundamentals
Trailing Twelve Months sales for Rocky Brands, Inc [NASDAQ:RCKY] were 454.94M which represents 1.03% growth. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.56.
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 18.78 points at the first support level, and at 16.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.70, and for the 2nd resistance point, it is at 24.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Rocky Brands, Inc [NASDAQ:RCKY] is 2.73. Further, the Quick Ratio stands at 0.88, while the Cash Ratio is 0.03. Considering the valuation of this stock, the price to sales ratio is 0.35, the price to book ratio is 0.67 and price to earnings (TTM) ratio is 14.08.
Transactions by insiders
Recent insider trading involved Smith Dwight Eric, Director, that happened on Mar 04 ’25 when 1000.0 shares were purchased. Director, Moore Robert Burton Jr. completed a deal on Nov 21 ’24 to sell 5000.0 shares. Meanwhile, Director Moore Robert Burton Jr. bought 5000.0 shares on Nov 20 ’24.
