Somewhat Favorable News Coverage Somewhat Unlikely to Impact Buckle (BKE) Stock Price

Headlines about Buckle (NYSE:BKE) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, 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 press coverage about the company an impact score of 45.7138024297832 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news stories that may have effected Accern’s analysis:

Buckle (BKE) opened at $22.30 on Friday. Buckle has a twelve month low of $13.50 and a twelve month high of $27.10. The firm has a market capitalization of $1,059.93, a price-to-earnings ratio of 12.54 and a beta of 1.10.

Buckle (NYSE:BKE) last issued its quarterly earnings results on Friday, November 17th. The company reported $0.41 earnings per share for the quarter, beating 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 business had revenue of $224.30 million for the quarter, compared to the consensus estimate of $224.12 million. During the same quarter in the previous year, the company posted $0.49 earnings per share. Buckle’s revenue for the quarter was down 6.2% compared to the same quarter last year. sell-side analysts expect that Buckle will post 1.7 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Friday, January 12th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, January 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.48%. Buckle’s dividend payout ratio is 57.80%.

A number of equities analysts recently issued reports on the company. ValuEngine upgraded Buckle from a “buy” rating to a “strong-buy” rating in a report on Friday, December 1st. Zacks Investment Research upgraded Buckle from a “sell” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Wednesday, November 1st. BidaskClub cut Buckle from a “hold” rating to a “sell” rating in a report on Monday, August 14th. Finally, Deutsche Bank decreased their target price on Buckle from $15.00 to $13.00 and set a “sell” rating on the stock in a report on Friday, August 18th.

In other news, VP Kyle Hanson sold 4,100 shares of Buckle stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $15.95, for a total transaction of $65,395.00. Following the transaction, the vice president now owns 24,900 shares in the company, valued at $397,155. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert Erle Campbell sold 2,000 shares of Buckle stock in a transaction on Monday, November 20th. The shares were sold at an average price of $21.00, for a total value of $42,000.00. Following the transaction, the director now owns 31,964 shares in the company, valued at approximately $671,244. The disclosure for this sale can be found here. Insiders have sold 7,600 shares of company stock worth $138,925 in the last quarter. 41.70% of the stock is currently owned by corporate insiders.

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About Buckle

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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