Rocky Brands Inc (NASDAQ: RCKY). Significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Significant negative changes in investment behavior have recently occurred for Rocky Brands Inc (NASDAQ: RCKY): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
RCKY’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Rocky Brands has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Rocky Brands has a good Appreciation Score of 74 and a very high Power Rating of 88, with the Highest Value Trend Rating the result.
Recent Price Action
Rocky Brands Inc (NASDAQ: RCKY) stock closed at $27.11 on 3/8/24 after a very large increase of 6.1%. Trading volume in this advance was normal. The stock has risen 8.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
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