Press coverage about Buckle (NYSE:BKE) has trended positive on Saturday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Buckle earned a coverage optimism score of 0.34 on Accern’s scale. Accern also assigned headlines about the company an impact score of 44.8730900206592 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- The Buckle, Inc. Reports January 2018 Net Sales (finance.yahoo.com)
- Buckle Your Belt: Wild Ride Continues As VIX Remains Up, Stocks Face Pressure (feeds.benzinga.com)
- The Buckle, Inc. Announces the Election of Kari G. Smith to the Company’s Board of Directors and Other Leadership Appointments (markets.financialcontent.com)
- Need to Know: Buckle up! This ‘ultimate bear chart’ signals a pivotal moment for investors (marketwatch.com)
A number of analysts have recently weighed in on BKE shares. Zacks Investment Research upgraded shares of Buckle from a “sell” rating to a “buy” rating and set a $18.00 price objective on the stock in a research note on Wednesday, November 1st. ValuEngine upgraded shares of Buckle from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 1st.
Buckle (NYSE:BKE) last released its quarterly earnings data on Friday, November 17th. The company reported $0.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.40 by $0.01. The firm had revenue of $224.30 million for the quarter, compared to analyst estimates of $224.12 million. Buckle had a net margin of 9.17% and a return on equity of 19.13%. The business’s quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.49 earnings per share. analysts predict that Buckle will post 1.74 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 26th. Stockholders of record on Friday, January 12th were paid a $0.25 dividend. The ex-dividend date was Thursday, January 11th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.67%. Buckle’s payout ratio is currently 57.80%.
In related news, Director Robert Erle Campbell sold 2,000 shares of the stock in a transaction on Monday, November 20th. The shares were sold at an average price of $21.00, for a total transaction of $42,000.00. Following the sale, the director now directly owns 31,964 shares of the company’s stock, valued at $671,244. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Brett P. Milkie sold 1,500 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $21.02, for a total transaction of $31,530.00. Following the sale, the senior vice president now directly owns 32,070 shares in the company, valued at $674,111.40. The disclosure for this sale can be found here. Insiders sold 4,700 shares of company stock worth $98,538 in the last quarter. Company insiders own 41.70% of the company’s stock.
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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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