Buckle, Inc (NYSE: BKE) is -1.06% lower on its value in year-to-date trading and has touched a low of $33.22 and a high of $53.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BKE stock was last observed hovering at around $50.75 in the last trading session, with the day’s loss setting it -0.48%.
Currently trading at $50.27, the stock is -2.07% and 4.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.38 million and changing -0.95% at the moment leaves the stock 24.56% off its SMA200. BKE registered 26.23% gain for a year compared to 6-month gain of 43.71%. The firm has a 50-day simple moving average (SMA 50) of $49.348 and a 200-day simple moving average (SMA200) of $42.11115.
The stock witnessed a -0.51% loss in the last 1 month and extending the period to 3 months gives it a 25.40%, and is -1.06% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.60% over the week and 2.54% over the month.
Buckle, Inc (BKE) has around 8000 employees, a market worth around $2.55B and $1.22B in sales. Current P/E ratio is 12.75 and Fwd P/E is 13.28. Profit margin for the company is 16.21%. Distance from 52-week low is 51.33% and -6.47% from its 52-week high. The company has generated returns on investments over the last 12 months (26.87%).
The EPS is expected to shrink by -15.49% this year
363.0 institutions hold shares in Buckle, Inc (BKE), with institutional investors hold 100.66% of the company’s shares. The shares outstanding are 50.77M, and float is at 30.88M with Short Float at 9.71%. Institutions hold 60.99% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.71 million shares valued at $173.81 million. The investor’s holdings represent 9.438 of the BKE Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.34 million shares valued at $160.35 million to account for 8.7069 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 2.1 million shares representing 4.2131 and valued at over $77.59 million, while DIMENSIONAL FUND ADVISORS LP holds 2.6916 of the shares totaling 1.34 million with a market value of $49.57 million.
Buckle, Inc (BKE) Insider Activity
The most recent transaction is an insider sale by NELSON DENNIS H, the company’s President & CEO. SEC filings show that NELSON DENNIS H sold 20,453 shares of the company’s common stock on Jan 06 ’25 at a price of $51.57 per share for a total of $1.05 million. Following the sale, the insider now owns 1.74 million shares.
Buckle, Inc disclosed in a document filed with the SEC on Dec 17 ’24 that NELSON DENNIS H (President & CEO) sold a total of 20,453 shares of the company’s common stock. The trade occurred on Dec 17 ’24 and was made at $51.37 per share for $1.05 million. Following the transaction, the insider now directly holds 1.76 million shares of the BKE stock.
Still, SEC filings show that on Dec 17 ’24, Dennis Nelson (Officer) Proposed Sale 105,578 shares at an average price of $51.78 for $5.47 million. The insider now directly holds shares of Buckle, Inc (BKE).
