Buckle (NYSE:BKE) announced its earnings results on Friday. The company reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.06, MarketWatch Earnings reports. Buckle had a return on equity of 23.16% and a net margin of 10.52%. The firm had revenue of $224.10 million during the quarter, compared to analysts’ expectations of $217.78 million. During the same quarter in the previous year, the business earned $0.42 EPS. The company’s quarterly revenue was up 4.2% on a year-over-year basis.
BKE opened at $26.71 on Monday. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 13.56 and a beta of 0.70. The company has a current ratio of 2.35, a quick ratio of 1.57 and a debt-to-equity ratio of 0.71. Buckle has a 12 month low of $14.81 and a 12 month high of $27.01. The stock has a fifty day moving average price of $21.69 and a 200-day moving average price of $19.19.
A number of brokerages have weighed in on BKE. TheStreet raised Buckle from a “c+” rating to a “b-” rating in a research report on Thursday, November 7th. ValuEngine raised Buckle from a “hold” rating to a “buy” rating in a research report on Monday, November 4th.
The Buckle, Inc operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. It markets a selection of brand name casual apparel, including denims, other casual bottoms, tops, sportswear, outerwear, accessories, and footwear, as well as private label merchandise primarily comprising BKE, Buckle Black, BKE Boutique, Red by BKE, Daytrip denim, Gimmicks, Gilded Intent, FITZ + EDDI, Outpost Makers, Departwest, and Veece.
Recommended Story: What is meant by a buy rating?
Receive News & Ratings for Buckle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Buckle and related companies with MarketBeat.com's FREE daily email newsletter.