Buckle (BKE) Projected to Post Earnings on Friday

Buckle (NYSE:BKE) is anticipated to post its quarterly earnings results before the market opens on Friday, March 14th. Analysts expect Buckle to post earnings of $1.44 per share and revenue of $378.97 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Buckle Stock Down 3.4 %

Shares of NYSE:BKE opened at $36.99 on Wednesday. The firm’s 50 day moving average price is $45.15 and its 200 day moving average price is $45.75. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 9.39 and a beta of 1.17. Buckle has a fifty-two week low of $34.87 and a fifty-two week high of $54.25.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. UBS Group raised shares of Buckle from a “sell” rating to a “neutral” rating and raised their target price for the company from $31.00 to $46.00 in a report on Tuesday, November 12th. StockNews.com lowered shares of Buckle from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Insider Buying and Selling at Buckle

In other Buckle news, Director John P. Peetz sold 2,500 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $51.70, for a total value of $129,250.00. Following the transaction, the director now directly owns 22,123 shares in the company, valued at $1,143,759.10. This represents a 10.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Dennis H. Nelson sold 15,340 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $39.51, for a total transaction of $606,083.40. Following the transaction, the chief executive officer now owns 1,663,035 shares in the company, valued at approximately $65,706,512.85. This trade represents a 0.91 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 99,882 shares of company stock worth $4,575,653 over the last three months. Insiders own 39.80% of the company’s stock.

About Buckle

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, Salvage, Red by BKE, Daytrip, Gimmicks, Gilded Intent, FITZ + EDDI, Willow & Root, Outpost Makers, Departwest, Sterling & Stitch, Reclaim, BKE Vintage, Nova Industries, J.B.