What's in The Buckle, Inc. (BKE) After Today's Big Increase?

Lloyd Doyle
December 7, 2017

(NYSE:BKE)'s 14-day Relative Strength Index (RSI) has reached 64.38, putting it inside a neutral zone. (NYSE:BKE) is a huge mover today! The SI to Buckle Incorporated's float is 23.06%. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.41%. Vanguard Group Inc. raised its position in Buckle by 9.0% in the first quarter. Bankshares Of Mellon reported 0% stake. Zacks Investment Research upgraded Buckle from a "sell" rating to a "buy" rating and set a $18.00 price target on the stock in a research report on Wednesday, November 1st. Citigroup Inc holds 11,228 shares. The stock increased 0.90% or $0.43 during the last trading session, reaching $48.42. About 12.97 million shares traded. The Buckle, Inc. (NYSE:BKE) has declined 25.41% since December 6, 2016 and is downtrending. It has underperformed by 2.62% the S&P500. During the same period a year ago, the firm earned $0.49 earnings per share. After $0.55 actual earnings per share reported by Oracle Corporation for the previous quarter, Wall Street now forecasts 12.73% EPS growth. State Street invested in 0% or 1.04M shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 929 shares for 0% of their portfolio. Prelude Ltd Co owns 1,551 shares for 0% of their portfolio. Caxton Limited Partnership has invested 0.05% of its portfolio in Oracle Corporation (NYSE:ORCL). Plancorp Lc stated it has 4,561 shares or 0.07% of all its holdings. Wealth Architects Ltd Liability Corp accumulated 0.24% or 13,117 shares. Victory Capital Management Inc. lifted its position in shares of Buckle by 5,476.3% during the third quarter. Landscape Capital Mgmt Limited Liability Com holds 0.3% of its portfolio in The Buckle, Inc. Hall Laurie J Trustee stated it has 0% in Oracle Corporation (NYSE:ORCL). One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Therefore 74% are positive. Oracle had 97 analyst reports since July 30, 2015 according to SRatingsIntel. ValuEngine upgraded Buckle from a "buy" rating to a "strong-buy" rating in a research note on Friday, December 1st. KeyBanc Capital Markets maintained Oracle Corporation (NYSE:ORCL) on Monday, July 17 with "Buy" rating. Sprucegrove Investment Management Ltd. now owns 441,600 shares of the company's stock worth $7,860,000 after acquiring an additional 19,300 shares in the last quarter. Standpoint Research downgraded the stock to "Hold" rating in Wednesday, March 30 report. (NYSE:BKE) earned "Sell" rating by Zacks on Monday, August 24. (NYSE:BKE) has "Underperform" rating given on Friday, May 6 by Wolfe Research. Canaccord Genuity has "Buy" rating and $57.0 target.

The company's quick ratio for most recent quarter is 3.1 along with current ratio for most recent quarter of 4.5. The company has market cap of $1.09 billion.

The Buckle, Inc. operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States.

However looking at valuation ratios the stock has 5 year expected PEG ratio of 62.68 whereas its trailing twelve month P/E ratio is 12.54. It operates stores under the Buckle and The Buckle names. Equities analysts anticipate that Buckle will post $1.73 EPS for the current year. It fall, as 17 investors sold The Buckle, Inc. shares while 43 reduced holdings. Public Employees Retirement System of OH raised its stake in Buckle by 17.8% in the first quarter. 8,500 are owned by Pacad Ltd. Metropolitan Life Insurance owns 20,417 shares. The insider now directly owns 40,458 shares worth $918,397. Adams Asset Advisors Ltd Liability Company has invested 0.14% of its portfolio in The Buckle, Inc. (NYSE:BKE). Tiaa Cref Inv Management Limited Liability Com reported 0% of its portfolio in The Buckle, Inc. Investors of record on Friday, January 12th will be given a dividend of $0.25 per share. (NYSE:BKE). Moreover, Goldman Sachs Grp has 0% invested in The Buckle, Inc.

Buckle Inc (NYSE:BKE) as of recent trade, has shown weekly downbeat performance of -6.47% which was maintained at 22.25% in 1-month period. The third largest holder is Vanguard Group Inc, which now holds $55.04 million worth of this stock and that ownership represents almost 4.55% of its market capitalization. Buckle Inc (NYSE:BKE) has trailing twelve month Return on Assets of 15.7%, which is key indicator of how profitable a company is relative to its total assets.

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