Buckle (BKE) Expected to Announce Earnings on Friday

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

Buckle Trading Down 2.2 %

Shares of Buckle stock opened at $36.14 on Thursday. Buckle has a 1 year low of $34.87 and a 1 year high of $54.25. The stock has a 50-day moving average price of $44.86 and a 200 day moving average price of $45.68. The company has a market cap of $1.83 billion, a P/E ratio of 9.17 and a beta of 1.17.

Insider Buying and Selling

In related news, CEO Dennis H. Nelson sold 15,340 shares of the company’s stock in a transaction on Monday, March 3rd. The shares were sold at an average price of $39.51, for a total transaction of $606,083.40. Following the completion of the sale, the chief executive officer now directly owns 1,663,035 shares of the company’s stock, valued at approximately $65,706,512.85. This represents a 0.91 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders sold 97,382 shares of company stock worth $4,446,403. 39.80% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com lowered Buckle from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th.

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.