The Buckle Inc. (NYSE: BKE) has reported E.P.S. of $0.70 for its first fiscal quarter (ending April 30) versus $0.87 for the same period a year ago. E.P.S. were $4.27 for the latest four quarters through April 30 versus $4.92 for the same period a year ago.
Recent Price Action
On 5/24/24, The Buckle Inc. (NYSE: BKE) stock rose modestly by 0.7%, closing at $36.73. Moreover, trading volume in this advance was unusually high at 153% of normal. The stock has performed in line with the market over the last nine months and has declined -1.2% during the last week.
Current PriceTarget Research Rating
BKE’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Buckle has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Buckle has a slightly negative Appreciation Score of 33 and a neutral Power Rating of 59, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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