Rocky Brands Inc (NASDAQ: RCKY) has reported a loss for its second fiscal quarter (ending June 30) of $-0.17 versus a loss $-0.37 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $2.02 compared to $1.25 a year ago.
Recent Price Action
Rocky Brands Inc (NASDAQ: RCKY) stock closed at $35.14 on 7/30/24 after a slight decline of -0.4%. This decline was accompanied by normal trading volume. The stock has declined -2.8% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, RCKY is expected to be a Value Builder.
Rocky Brands has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Rocky Brands has a neutral Appreciation Score of 41 but a very high Power Rating of 88, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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