For its second fiscal quarter (ending July 31), The Buckle Inc. (NYSE: BKE) has reported a -14% decline in E.P.S. from $0.92 a year ago to $0.79 in the current quarter. For the latest four quarters through July 31, E.P.S. were $4.14 versus $4.82 for the same period a year ago — a decline of -14%.
Recent Price Action
The Buckle Inc. (NYSE: BKE) stock enjoyed a large increase of 4.9% on 8/23/24. The stock closed at $43.70. Moreover, trading volume in this advance was exceptionally high at 232% of normal. Relative to the market the stock has been weak over the last nine months but has risen 2.7% 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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Buckle has a neutral Power Rating of 40 but a poor Appreciation Score of 27, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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