The Buckle (NASDAQ: BKE) Market Updates – Analysis and Comparisons

The Buckle day trading at USD 15.32 per share, then rallying to 15.73 and closing at USD 14.88 per share. A net loss of -2.87% for the day. Long term pricing analysis shows the stock trading at 44.84% lower than it’s 52week high and -24.57% higher than the 52week low. The share volume traded for the day was 947K which was 1 times the 50 Day Average Volume.

The Buckle had a market cap of 735,193K as of 26th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 1.59.

The Buckle is an American fashion retailer selling clothing, footwear, and accessories for men, women, and children. The company operates 451 stores in 42 states throughout the United States of America, under the names Buckle and The Buckle.

Financial Results

The Buckle First Quarter Of Fiscal 2020.

  • Net sales for the 13-week fiscal quarter ended May 2, 2020, decreased 42.7 percent to $115.4 million from net sales of $201.3 million for the prior year 13-week fiscal quarter ended May 4, 2019.
  • Online sales for the quarter increased 31.5 percent to $32.1 million for the 13-week period ended May 2, 2020, compared to net sales of $24.4 million for the 13-week period ended May 4, 2019.
  • As a result of the store closures, Buckle reported a net loss for the first quarter of fiscal 2020 of $11.8 million, or $0.24 per share ($0.24 per share on a diluted basis), compared with net income of $15.1 million, or $0.31 per share ($0.31 per share on a diluted basis) for the first quarter of fiscal 2019.

The Buckle (26th May 2020): The Institutional Ownership as of today stood at 67.85% and the Total Value of Holdings (millions) is $ 493.

New Institutional Holders and other activity – As of today, the total number of shares held is 33,524,418 by 214 institutional holders.

LATEST NEWS:

24-May-2020:- Buckle (NYSE: BKE) Shares Down 6.5% After Earnings Miss

Buckle Inc (NYSE: BKE) traded down 6.5% during mid-day trading on Friday after the company announced weaker than expected quarterly earnings. The company traded as low as $14.36 and last traded at $14.72, 1,275,661 shares traded hands during mid-day trading. An increase of 110% of the average session volume of 606,725 shares.

23-May-2020:- Buckle (NYSE: BKE) Issues Earnings Results, Misses Expectations By $0.10 EPS

Buckle (NYSE: BKE) posted its quarterly earnings results on Friday. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.10), MarketWatch Earnings reports. The company had revenue of $115.40 million during the quarter, compared to the consensus estimate of $119.67 million. Buckle had a net margin of 11.60% and a return on equity of 25.98%.

23-May-2020:- Buckle (NYSE: BKE) Shares Up 6%

Buckle Inc (NYSE: BKE) shot up 6% on Thursday. The company traded as high as $16.09 and last traded at $15.75, 618,708 shares were traded during trading. An increase of 3% from the average session volume of 599,891 shares. The stock had previously closed at $14.86. A number of brokerages recently weighed in on BKE.

 

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