NYSE:BKEBuckle Stock Price, Forecast & News

$14.08

-0.64 (-4.35 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$13.68

Now: $14.08▼

$14.73

50-Day Range

$13.28

MA: $14.66▼

$15.75

52-Week Range

$11.76

Now: $14.08▼

$28.52

Volume1.23 million shs

Average Volume617,226 shs

Market Capitalization$695.66 million

P/E Ratio8.86

Dividend Yield8.15%

Beta1.24

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. The company also provides services, such as hemming, gift-wrapping, layaways, guest loyalty program, the Buckle private label credit card, and personalized stylist services, as well as special order system that allows stores to obtain requested merchandise from other company stores or its online order fulfillment center. As of February 02-2019, it operated 450 retail stores in 42 states under the Buckle and The Buckle names. The Buckle, Inc. also sells its products through its Website, buckle.com. The company was formerly known as Mills Clothing, Inc. and changed its name to The Buckle, Inc. in April 1991. The Buckle, Inc. was founded in 1948 and is headquartered in Kearney, Nebraska.

Beat the Market (BTM) Rank^™

0.5 Analyst's Opinion

Consensus Rating
Buckle has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, Buckle has a potential downside of 21.9% from its current price of $14.08.
Amount of Analyst Coverage
Buckle has only been the subject of 1 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Buckle has received 351 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Buckle has received 497 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Buckle has received 58.61% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Buckle and other stocks. Vote “Outperform” if you believe BKE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BKE will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Buckle is a leading dividend payer. It pays a dividend yield of 8.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Buckle does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Buckle is 56.07 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on EPS estimates, Buckle will have a dividend payout ratio of 77.42 % in the coming year. This indicates that Buckle may not be able to sustain their current dividend.

5.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Buckle insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,200.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
41.90% of the stock of Buckle is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
66.80% of the stock of Buckle is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Buckle are expected to grow by 35.96% in the coming year, from $1.14 to $1.55 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Buckle is 8.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.33.
Price to Earnings Ratio vs. Sector
The P/E ratio of Buckle is 8.86, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 40.66.
Price to Book Value per Share Ratio
Buckle has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.52 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Family clothing stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNYSE:BKE

Previous Symbol

CUSIP11844010

CIK885245

Webwww.buckle.com

Phone308-236-8491

Debt

Debt-to-Equity Ratio0.71

Current Ratio2.45

Quick Ratio1.57

Price-To-Earnings

Trailing P/E Ratio8.86

Forward P/E Ratio12.35

P/E GrowthN/A

Sales & Book Value

Annual Sales$900.25 million

Price / Sales0.77

Cash Flow$2.44 per share

Price / Cash Flow5.78

Book Value$7.65 per share

Price / Book1.84

Profitability

EPS (Most Recent Fiscal Year)$2.14

Net Income$104.43 million

Net Margins9.52%

Return on Equity19.54%

Return on Assets9.02%

Miscellaneous

Employees7,000

Outstanding Shares49,408,000

Market Cap$695.66 million

Next Earnings Date8/28/2020 (Estimated)

OptionableOptionable

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Buckle (NYSE:BKE) Frequently Asked Questions

How has Buckle's stock been impacted by COVID-19 (Coronavirus)?

Buckle's stock was trading at $17.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, BKE shares have decreased by 18.8% and is now trading at $14.08. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Buckle?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Buckle in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for Buckle.

When is Buckle's next earnings date?

Buckle is scheduled to release its next quarterly earnings announcement on Friday, August 28th 2020. View our earnings forecast for Buckle.

How were Buckle's earnings last quarter?

Buckle Inc (NYSE:BKE) released its quarterly earnings results on Friday, May, 22nd. The company reported ($0.24) EPS for the quarter, missing the Zacks' consensus estimate of ($0.14) by $0.10. The company had revenue of $115.40 million for the quarter, compared to the consensus estimate of $119.67 million. Buckle had a net margin of 9.52% and a return on equity of 19.54%. Buckle's revenue was down 42.7% on a year-over-year basis. During the same period last year, the company posted $0.31 earnings per share. View Buckle's earnings history.

How often does Buckle pay dividends? What is the dividend yield for Buckle?

Buckle declared a quarterly dividend on Wednesday, December 4th. Shareholders of record on Friday, January 10th will be paid a dividend of $0.30 per share on Friday, January 24th. This represents a $1.20 annualized dividend and a dividend yield of 8.52%. The ex-dividend date is Thursday, January 9th. This is an increase from Buckle's previous quarterly dividend of $0.25. View Buckle's dividend history.

What price target have analysts set for BKE?

1 Wall Street analysts have issued 12 month target prices for Buckle's stock. Their forecasts range from $11.00 to $11.00. On average, they anticipate Buckle's share price to reach $11.00 in the next twelve months. This suggests that the stock has a possible downside of 21.9%. View analysts' price targets for Buckle.

How were Buckle's same store sales last quarter?

Buckle same store sales increased by 6.3% during the month of March. Buckle shares dropped by 4.1% in the first full-day of trading following the report.

Has Buckle been receiving favorable news coverage?

Headlines about BKE stock have been trending extremely negative on Friday, according to InfoTrie Sentiment. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Buckle earned a media sentiment score of -4.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutBuckle.

Who are some of Buckle's key competitors?

Some companies that are related to Buckle include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Guess? (GES), Childrens Place (PLCE), Zumiez (ZUMZ), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL), Genesco (GCO) and Cato (CATO). View all competitors.

What other stocks do shareholders of Buckle own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Buckle investors own include eBay (EBAY), NVIDIA (NVDA), Starbucks (SBUX), Exxon Mobil (XOM), Intel (INTC), PepsiCo (PEP), Target (TGT), Walgreens Boots Alliance (WBA), CVS Health (CVS) and Ford Motor (F).

Who are Buckle's key executives?

Buckle's management team includes the following people:

Mr. Dennis H. Nelson, Pres, CEO & Director (Age 69)
Mr. Thomas B. Heacock, Sr. VP of Fin., Treasurer, CFO & Director (Age 41)
Mr. Brett P. Milkie, Sr. VP of Leasing (Age 59)
Ms. Kari G. Smith, Exec. VP of Stores & Director (Age 55)
Mr. Robert M. Carlberg, Sr. VP of Men's Merchandising (Age 56)

What is Buckle's stock symbol?

Buckle trades on the New York Stock Exchange (NYSE) under the ticker symbol "BKE."

Who are Buckle's major shareholders?

Buckle's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.52%), Robeco Institutional Asset Management B.V. (5.21%), State Street Corp (2.26%), Morgan Stanley (1.41%), Morgan Stanley (1.41%) and Bank of New York Mellon Corp (0.84%). Company insiders that own Buckle stock include Bill L Fairfield, Diane L Applegate, Karen B Rhoads, Michael E Huss, Robert Erle Campbell and Robert J Harbols. View institutional ownership trends for Buckle.

Which major investors are selling Buckle stock?

BKE stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, BlackRock Inc., Maverick Capital Ltd., UBS Group AG, Deutsche Bank AG, Morgan Stanley, Morgan Stanley, and WINTON GROUP Ltd. View insider buying and selling activity for Buckle.

Which major investors are buying Buckle stock?

BKE stock was bought by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., JPMorgan Chase & Co., Advisors Asset Management Inc., Hennessy Advisors Inc., APG Asset Management N.V., APG Asset Management N.V., APG Asset Management N.V., and Hancock Whitney Corp. View insider buying and selling activity for Buckle.

How do I buy shares of Buckle?

Shares of BKE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Buckle's stock price today?

One share of BKE stock can currently be purchased for approximately $14.08.

How big of a company is Buckle?

Buckle has a market capitalization of $695.66 million and generates $900.25 million in revenue each year. The company earns $104.43 million in net income (profit) each year or $2.14 on an earnings per share basis. Buckle employs 7,000 workers across the globe.

What is Buckle's official website?

The official website for Buckle is www.buckle.com.

How can I contact Buckle?

Buckle's mailing address is 2407 West 24th Street, Kearney NE, 68848. The company can be reached via phone at 308-236-8491 or via email at [email protected]

This page was last updated on 5/29/2020 by MarketBeat.com Staff