Alert: New Earnings Report (3/15/24)-The Buckle Inc. (NYSE: BKE).

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The Buckle Inc. (NYSE: BKE) has reported E.P.S. of $1.60 for its fourth fiscal quarter (ending January 31) versus $1.78 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $4.44 versus $5.17 for the same period a year ago.

Recent Price Action

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The Buckle Inc. (NYSE: BKE) stock enjoyed a large increase of 3.1% on 3/15/24. The stock closed at $38.83. Moreover, this advance was accompanied by exceptionally high trading volume at 422% of normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

BKE is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Buckle has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Buckle has a slightly positive Appreciation Score of 63 and a good Power Rating of 84, resulting in the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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