The Buckle Inc. (NYSE:BKE) went down by -4.45% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Apparel Retail giant went up by $15.46 to trade ended Friday trading at $16.18. This is down from the $16.18 price recorded on Thursday’s trading session. Thanks to this latest performance, BKE is closer to the higher price 52-week target of $14.00 and further from the lowest price target of $14.00. Its performance from the start of the year has also been negative, with BKE down by -40.00% year-to-date.
The Buckle Inc. (BKE) started the day trading at $16.5 and recorded an intraday high of $16.5. It also recorded an intraday low of $15.45 during Friday’s trading session. The Buckle Inc. is a very active stock that recorded a trading volume that is more than 46.18% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 1190581, which is more than 46.18 of the total average daily trading volume of 640.75K.
The Buckle Inc. (NYSE:BKE) 2020 Performance Impressive
The increase in BKE’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of BKE currently stands at $27.18, which is higher than the current trading price of the stock by 43.12%. However, BKE’s current trading price is -31.46% lower than the 52-week low price of $11.76. In terms of trading volume, The Buckle Inc. currently experienced healthy participation during the last trading session. 1190581 shares of The Buckle Inc. were traded on the stock exchange on Friday, which is more than 46.18% of the 640.75K average trading volume of the stock.
The performance of the stock has been positive over the past year. BKE’s performance over the past one year has seen it plunge by -6.11%, while the stock has gone down by -40.11% in the last six months. The quarterly performance of BKE currently stands at -1.15%, and it is up by 4.04% in the last month. The only negative figure was from the weekly performance, which currently reads -1.90%. At the time of writing BKE’s report, the company has a total market cap of $799.44M, making it one of the largest publicly-traded companies in the world.The Buckle Inc. also has over 2800 employees all over the world.
BKE Insider Activities
For The Buckle Inc., insiders hold 70.80% of all company shares. The insider transactions over the past six months are up by 1.30%. During that period, insiders bought 263,700 shares in 19 transactions. In that same period, insiders sold 132,030 of their shares in 12 transactions. After these transactions, insiders at The Buckle Inc. now hold 20.24M shares, which is over 72.74% of the total company stocks. Institutional investors currently hold a large chunk of the BKE shares, as they control 41.55% of the company’s total stock.
BKE Fundamental Analysis
For The Buckle Inc., the stock’s diluted earnings per share (EPS) stands at 1.59. In the coming year, analysts expect the EPS to be 1.75. The EPS growth will slow down over the next five years to -8.88% after plunging by -8.70% in the previous five years. In terms of revenue, The Buckle Inc.’s quarterly sales (YOY) is shrinking at 0.00, which is higher than the average annual revenue of -8.70% over the past half a decade.
The Return on Investment (ROI) on The Buckle Inc.’s stock currently stands at 25.20%, and it has a net profit margin of 9.50%. The operating margin of the company is 11.90%, and its gross margin is 40.20%.
BKE Analysts Prediction
In March 08, 2019, several analysts reiterated their positions on the The Buckle Inc. stock and predicted its performance to their investors. The analysts at Deutsche Bank believe BKE is still a Sell and set the price target between $19 and $16. Another analyst that has a Hold rating for BKE is Deutsche Bank, which set a price target of between $15 and $16.
Analysts at Wolfe Research believe that BKE is Peer Perform, and they have a price target of between $26 and $29.
BKE Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of BKE currently stands at -2.43%, while the SMA50 is 2.90%. The biggest one is the SMA200, which is currently reading -23.18% ahead of Friday’s trading session. The Relative Strength Index of this stock is 49.62, while its price to earnings ratio (P/E) is 9.75.